Springville, UT
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Springville short-term rental market based on reliable data.
Listings
30 / 66
Reliable / Active
Cap Rate
5%
Middle-Earners Gross Yield
Revenue
$25,553
Middle-Earners Revenue
Occupancy
63%
Middle-Earners Occupancy
Home Value
$500,214
Median Home Sale Price
Top Earners
$40,430
Top-Earners Revenue
Springville
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Springville.
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Challenging to Investors
Springville Regulations
STRs are permitted in residential zones but require both an annual business license and a Short‑Term Rental Use Permit, plus owner occupancy (≥183 days) and a detailed application (site/parking plans, proof of residence, local contact). A strict annual cap (one STR per ~500 residents) with spacing/distribution rules, a 182‑night per year limit, one‑night vacancy, and a 14‑guest limit increase operational constraints and uncertainty around pending revisions, making compliance moderately burdensome and investor risk higher than “friendly.”
Local STR Agent
STR specialist · Springville, UT
About Springville
Springville is a city in Utah County, Utah, United States, that is part of the Provo–Orem metropolitan area. The population was 35,268 in 2020, according to the United States Census. Springville is a bedroom community for commuters who work in the Provo-Orem and Salt Lake City metropolitan areas. Other neighboring cities include Spanish Fork and Mapleton. Springville has the nickname of "Art City" or "Hobble Creek".