Is it profitable to do Airbnb in Salt Lake City, United States?

What is the occupancy rate of Airbnb in Salt Lake City, United States?

What is the average daily rate of Airbnb in Salt Lake City, United States?

The United States / Salt Lake City

Salt Lake City, Airbnb Market Statistics & Data, United States

A typical short-term rental listing in Salt Lake City is booked for 270 nights a year, with a median occupancy rate of 74% and an average daily rate of $106. In 2023, a typical host income (annual revenue) was $28K. As of 12th September, 2024, there are 1,937 active Airbnb listings.

Average Revenue: $28K/yr
Occupancy Rate
74%
Avg Daily Rate
$106
Mid Scale
No. of Listings
2,613
Medium
YoY Revenue Change
8.93%
Best Month
February
Regulation
Lenient
Learn More >
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$1,737
Average
$2,465
High
$3,046



Is Airbnb Profitable in Salt Lake City?

Yes, there is good short-term rental demand. A 74% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rental investment typically is double the amount of traditional rentals.

Starting an Airbnb in Salt Lake City

Short-term rental regulation is lenient in Salt Lake City. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
Average Airbnb Occupancy Rate in Salt Lake City
A typical listing recorded a 74% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 7.39% of the guests are international guests, and visitors from United states is the largest group. Learn more about guest origin!.

You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 74%
1,937 Active Listings
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Explore Salt Lake City's Airbnb Data
market map image
Best Areas in Salt Lake City for Airbnb
Are you wondering where to invest in Salt Lake City? Look no further!
  1. Temple Square
  2. Red Butte Garden
  3. Utah Olympic Park
  4. Hogle Zoo
  5. The Leonardo Museum
  6. Tracy Aviary
  7. Discovery Gateway Children's Museum
  8. Clark Planetarium
  9. Antelope Island State Park
  10. Capitol Hill
Top demand Airbnb in Salt Lake City
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 1,937 listings.
listing_image
Entire home & 1 Bed
⭐5.0 (16)
Cozy SLC Retreat, Near Downtown
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$68
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐5.0 (25)
Little House of Industry
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$115
Daily Rate
View Listing
listing_image
Entire home & 3 Bed
⭐5.0 (228)
TT Designs: The Jada
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$118
Daily Rate
View Listing
listing_image
Entire home & 3 Bed
⭐5.0 (385)
Colorful & Clean with Plenty of Parking
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$108
Daily Rate
View Listing
listing_image
Entire home & 3 Bed
⭐5.0 (33)
Blissful Retreat! Minutes from Airport & Downtown!
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$125
Daily Rate
View Listing
listing_image
Entire home & 4 Bed
⭐5.0 (34)
Urban Retreat Near Downtown SLC, Mountains, & More
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$127
Daily Rate
View Listing
See 1,937 listing Statistics
Professional Short-term rental property managers in Salt Lake City
We've compiled a list of host profiles that manage the most Airbnb properties in Salt Lake City. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
NameListingsRatingRevenue
GrandRoad345.0$1,23,234
Daniel114.8$1,23,234
Roberto175.0$1,23,234
CMH BnB264.9$1,23,234
Courtney & Brian84.9$1,23,234
Other short-term rental market data in Salt Lake City
Here is a breakdown of short-let properties in Salt Lake City. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
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Amenities
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