Midvale Utah Vacation Rental Report

Rent Your Vacation Home or Condo in Midvale, Utah

As the cost of living rises, more people are choosing to rent instead of buy. Vacation rentals have become a popular option for people who want to spend more time exploring the world without breaking the bank. There are many benefits to renting out your home, such as: Saving money on property taxes and maintenance fees by not paying for a full mortgage. Luxury items that aren’t necessary for your daily life can be rented out at a higher price. A sense of freedom from having to maintain and clean an entire property. The ability to enjoy your vacation rental while still being able to live in your home base.

When partnering with RedAwning for your property management needs, we can make sure your Midvale rental is set up correctly and ready to generate the most amount of revenue possible per stay.

Current Vacation Rental Trends in Midvale

During the month of June, Midvale is projected to generate over $170/night for a 2 bedroom vacation rental, on average! There were 129 vacation active rental properties in Midvale. 109 are renting the entire place, and 20 are shared rooms. On average, during the month of June 2023, each vacation rental property in Midvale is booked 60% of the time, and most hosts are projected to generate $1,817 or more during the month of June! See how much you could earn with our free vacation rental income calculator.

The Midvale House Starting at $252 to $833 per night!

This is a beautiful home located right in the middle of the Salt Lake Valley with every amenity that you'll need. In addition to the central location of this home, the yard is one of the best parts about this home. The home has three levels with four bedrooms and two full bathrooms. The main level has the master bedroom located on it, which has one of the bathrooms attached to it. The upper level has one large bedroom. The lower level has two bedrooms and a large entertainment room,... Read More

This Midvale vacation home is presented on every travel website, where travelers are looking to book accommodations (Airbnb, VRBO, Expedia, Google Travel, and hundreds more). And, with RedAwning's dynamic pricing, daily rates are adjusted based on seasonality and demand in Midvale.

Successful short-term vacation rentals in Midvale, Utah

Short-term rental homes in Midvale, Utah can be a great way to earn extra money, especially if you rent out your home while you’re away on vacation. If you’re looking to make some extra cash, but don’t want to give up your house while you’re gone, renting out your Midvale home as a short-term rental may be the perfect fit. While short-term rentals are most commonly associated with vacation rentals, they can also be a great way to earn an income when you need some extra cash. Whether you need to fund a long-term project or simply want to earn some extra income, short-term rentals are a great way to fill the gap and make ends meet when times get tough.

If you’re looking to take advantage of the growing short-term vacation rental market in Midvale, Utah, you’ll want to keep several things in mind. One of the biggest trends in short-term vacation rentals is the emergence of “positive reviews” from guests who have had a great experience. Positive reviews can be especially important if you are looking for a more affordable option for your vacation rental property, as they can help to offset costs on your end. Another trend that is slowly gaining steam in Midvale, Utah is the rise of “gig economy” opportunities. With this type of rental model, you can earn money by renting out spaces like parking spots or storage units, which can be a good way to supplement your income while still enjoying a free vacation home.

RedAwning takes the guess-work out of Midvale property management, and we work with you to ensure your Midvale short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.

Revenue Projections for Vacation Rentals in Midvale, Utah during July, 2023

Based on a 2 bedroom, which is the most common Midvale vacation rental home size, we've come up with an estimated rental amount you could charge per night and how much demand there is for each day in July. Higher bars below can command higher prices, if your Midvale vacation rental is available during these days.

$11580%1st

$11678%2nd

$11576%3rd

$11177%4th

$10677%5th

$11078%6th

$11577%7th

$11078%8th

$10178%9th

$9777%10th

$10078%11th

$10179%12th

$10377%13th

$11478%14th

$11178%15th

$10277%16th

$10275%17th

$10275%18th

$10376%19th

$10876%20th

$12078%21st

$11978%22nd

$10876%23rd

$10476%24th

$10374%25th

$11072%26th

$11271%27th

$12871%28th

$12171%29th

$10871%30th

$10671%31st

Average Daily Price & Percent Occupied Next Month In Midvale

Note: These averages are based on a 2 bedroom home in Midvale. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.