Salt Lake City, UT

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  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the Salt Lake City short-term rental market based on reliable data.

Listings

3601 / 6793

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$29,882

Middle-Earners Revenue

Occupancy

73%

Middle-Earners Occupancy

Home Value

$582,654

Median Home Sale Price

Top Earners

$64,232

Top-Earners Revenue

Salt Lake City

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Salt Lake City.

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D

Unfriendly to Investors

Salt Lake City Regulations

Short‑term rentals under 30 days are prohibited in residential zones and treated as lodging uses, which are generally not permitted; viable under‑30‑day operation requires costly and uncertain zoning verifications, DRT review, business licenses, and building/fire inspections—creating a high‑friction, deter‑ring environment for investors.

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About Salt Lake City

Salt Lake City is the capital of Utah and the seat of Salt Lake County, a growing mountain-west metropolis of roughly 200,000 residents that anchors a metro area approaching 1.2 million people. Set in a high-desert valley against the dramatic backdrop of the Wasatch Range, the city blends a tidy, grid-planned downtown with quick access to alpine wilderness, giving it the unusual character of a state capital that doubles as a year-round outdoor-recreation hub. It is best known as the global headquarters of the Church of Jesus Christ of Latter-day Saints and as a gateway to some of the most celebrated ski terrain, national parks, and red-rock country in the American West. The nearest major city of comparable size is Denver, about 525 miles to the east across the Rockies, while Las Vegas lies roughly 420 miles to the southwest.

At the heart of the city, Temple Square serves as the spiritual and architectural anchor of the region, with the iconic Salt Lake Temple, the domed Tabernacle, manicured gardens, and seasonal concerts drawing visitors throughout the year. It sits within walking distance of the rest of downtown, making it an easy half-day stop for travelers passing through or staying in the city center.

Just northwest of the metro area, the Great Salt Lake and Antelope Island State Park offer a striking change of scenery, with the lake's famously buoyant waters, bird-watching on the surrounding marshes, and free-roaming bison on the island itself. Driving from downtown to the Antelope Island entrance takes roughly 45 minutes to an hour, depending on traffic, and the park feels worlds away from the urban core.

To the east, the Wasatch Mountains rise abruptly from the valley floor, putting world-class ski resorts such as Alta, Snowbird, Brighton, and Solitude within about 30 to 45 minutes of downtown, with Park City and Deer Valley only a bit farther. In summer the same mountains attract hikers, mountain bikers, and climbers, while the Bonneville Salt Flats and the broader Uinta-Wasatch-Cache National Forest extend the recreation options in nearly every direction.

A short drive south of the city, visitors can explore the college town of Provo and the scenic byways that lead toward Zion, Bryce Canyon, and Arches national parks, all of which make Salt Lake City a natural launchpad for road trips through the broader Intermountain West.

Salt Lake City's combination of an affordable, walkable urban core, an international airport with nonstop service across North America, and immediate access to skiing, hiking, and multiple national parks makes it a particularly versatile base for short-term rentals. Guests can spend a morning exploring downtown historic sites, an afternoon on a mountain trail or a Great Salt Lake beach, and the next day behind the wheel on a classic Utah road-trip itinerary, all without changing lodging.

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