Spanish Fork, UT

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Spanish Fork short-term rental market based on reliable data.

Listings

46 / 96

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$25,506

Middle-Earners Revenue

Occupancy

73%

Middle-Earners Occupancy

Home Value

$518,367

Median Home Sale Price

Top Earners

$42,750

Top-Earners Revenue

Spanish Fork

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Spanish Fork.

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A

Very Investor friendly

Spanish Fork Regulations

STRs are clearly allowed citywide with no city-specific licensing program, caps, or inspections currently in place. Compliance requires only basic steps—state tax registration, utility accounts or landlord agreements, and adherence to general zoning/safety codes—and the city’s tone and resources are supportive. While regulations can evolve, the current environment is low‑friction and investor‑friendly.

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About Spanish Fork

Spanish Fork sits in the southern reach of Utah Valley in Utah County, Utah, with a population of roughly 40,000 residents. Often described as a small city with deep agricultural roots, it preserves a quieter, more rural feel than its larger neighbors while still offering easy access to the broader Wasatch Front. The community is perhaps best known as a gateway between the urban Provo–Salt Lake City corridor and the recreational canyons, lakes, and forests to the south and east, and it lies about 50 miles south of Salt Lake City along the Interstate 15 corridor.

A few miles west of town, Utah Lake spreads across a wide swath of the valley floor, providing shoreline access for boating, fishing, and birdwatching. The lake is one of the largest natural freshwater bodies in the western United States and draws visitors interested in warm-weather recreation within minutes of Spanish Fork. Utah Lake

To the north, the Wasatch Range rises dramatically, with Mount Timpanogos and the surrounding Uinta-Wasatch-Cache National Forest offering hiking, camping, and alpine scenery. The Timpanogos Cave National Monument, a system of limestone caverns reached by a steep but rewarding trail, is a popular day trip roughly 30 to 40 minutes from Spanish Fork. Uinta-Wasatch-Cache National Forest

South of the city, Spanish Fork Canyon winds into the surrounding forest and leads toward the Mount Nebo area, with fishing streams, scenic drives, and miles of forest road drawing outdoor enthusiasts. This corridor connects travelers to some of central Utah's most scenic backcountry without the heavy crowds found at the more northern trailheads.

Thanksgiving Point in nearby Lehi, about 25 minutes north, adds a family-friendly counterpoint with its gardens, dinosaur museum, and hands-on exhibits, broadening the appeal of the area for travelers beyond just outdoor adventurers. Thanksgiving Point

For short-term rental investors and visitors alike, Spanish Fork offers an appealing combination of small-town character, agricultural heritage, and proximity to some of Utah's most celebrated natural and cultural attractions. Its position between the major population centers of the Wasatch Front and the recreational opportunities of the southern canyons makes it a flexible base for travelers who want to balance quiet, scenic surroundings with easy day trips in any direction.

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