Midvale, UT
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Midvale short-term rental market based on reliable data.
Listings
104 / 222
Reliable / Active
Cap Rate
6%
Middle-Earners Gross Yield
Revenue
$28,155
Middle-Earners Revenue
Occupancy
73%
Middle-Earners Occupancy
Home Value
$485,472
Median Home Sale Price
Top Earners
$64,900
Top-Earners Revenue
Midvale
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Midvale.
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Generally Investor friendly
Midvale Regulations
Midvale explicitly allows STRs citywide with a straightforward rental dwelling unit license under Chapter 5.30, no strict caps are mentioned, and Utah law protects online listing activity. However, ADUs are prohibited from STR operation, investors must obtain licensing and comply with building/safety codes, and the license includes penalty provisions for violations.
Local STR Agent
STR specialist · Midvale, UT
About Midvale
Midvale City is located in the heart of Salt Lake County, Utah, United States. It is part of the Salt Lake City metropolitan area. Midvale's population was 34,124 according to 2019 estimates from the U.S. Census Bureau.Midvale is home to the Shops at Fort Union, located on the East side of the city and the Bingham Junction economic center, located on the west side of the city. Midvale is centrally located in the most populous county in Utah and is bisected by Interstate 15. Interstate 215 serves as the northern boundary of the city's east side. Midvale is one of the few cities in Utah to be home to two direct TRAX lines and three TRAX stations.