Salt Lake City Utah Vacation Rental Management
Income Estimates And Tips To Run a Successful Short Term Rental in Salt Lake City, Updated October 2024
Rent Your Vacation Home or Condo in Salt Lake City, Utah
Renting out your Salt Lake City, Utah home can be an excellent way to generate extra income. In Salt Lake City, short-term vacation rentals are especially popular among those who are looking for a place to stay during a vacation, business trip, or family reunion. With so many rental options available in SaltLake City, Utah, it can be difficult to know exactly where to start. To make things easier, consider taking a look at some of the positive trends associated with short-term vacation rental in Salt Lake City. One of the most important factors when choosing a short-term vacation rental is location. In Salt Lake City, Utah, there are a number of different neighborhoods that offer everything from luxury condos to quiet cabins in the mountains. By choosing the right location for your guests, you can ensure that they will have a great experience during their stay. Another important factor to consider when renting out your home is the amenities and services provided by the property. While all properties are different, most offer wireless internet access and basic amenities such as air conditioning and cable TV. Make sure that these features are included in the price quoted to potential renters before committing to anything.
When partnering with RedAwning for your property management needs, we can make sure your Salt Lake City rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Current Vacation Rental Trends in Salt Lake City
During the month of December, Salt Lake City is projected to generate over $145/night for a 2 bedroom vacation rental, on average! There were 3,346 vacation active rental properties in Salt Lake City. 2,929 are renting the entire place, and 417 are shared rooms. On average, during the month of December 2023, each vacation rental property in Salt Lake City is booked 62% of the time, and most hosts are projected to generate $1,989 or more during the month of December! See how much you could earn with our free vacation rental income calculator.
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$145.00 Per Night*
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61% Occupied*
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$1,989.00 Per Month*
* Based on the median average of all vacation rentals in the Salt Lake City area.
Get a free estimate for your home or condo.
Get a free estimate for your home or condo.
Featured Salt Lake City Vacation Rental Generating Record Profits With RedAwning
The Brighton House Starting at $178 to $1,386 per night!
This is one of the largest and most exquisite homes that you'll find available for rent in this part of the Salt Lake Valley. The owners live in Italy and they recently sent their personal decorator in to completely refurnish and redecorate it, so the place is incredible. If you're coming to the Salt Lake Valley and want to stay in a truly luxurious home with every amenity you could ask for, this is the place for you. Perched on the foothills of the Wasatch Range in the Rocky... Read More
This Salt Lake City 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 Salt Lake City.
Successful short-term vacation rentals in Salt Lake City, Utah
There’s no doubt that short-term vacation rentals are on the rise in Salt Lake City. As more and more people are looking to get away for a weekend, or even just a few days, they’re turning to short-term vacation rentals as an alternative to traditional hotels. This is great news for vacation home owners, because it means that they can get extra revenue from their property while they’re not living there. To take advantage of this trend, you first need to decide why you want to rent out your Salt Lake City home as a short-term vacation rental. Is it because you want extra income? Are you looking for something different than traditional hotel stays? There are lots of reasons why people choose to rent out their properties as short-term vacation rentals, so make sure that you find one that suits your needs.
Vacation rentals are increasingly popular in Salt Lake City, Utah. With more than 4 million visitors to the city every year, Salt Lake City is one of the most popular destinations in the United States. In addition, Salt Lake City is a great place to visit all year round, with an average temperature of 50°F (10°C) year-round. As a result, Salt Lake City is a popular city for tourists from around the world. In addition to attracting tourists, Salt Lake City also attracts residents looking for a home away from home. With its beautiful scenery, high quality of life, and low cost of living, Salt Lake City is a popular destination for both residents and tourists. With this increasing popularity comes an increasing number of vacation rental properties in Salt Lake City. While there are many different types of vacation rental properties available in Salt Lake City, there are some common trends among them.
RedAwning takes the guess-work out of Salt Lake City property management, and we work with you to ensure your Salt Lake City short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
See how much your Salt Lake City vacation rental could earn:
Revenue Projections for Vacation Rentals in Salt Lake City, Utah during January, 2024
Based on a 2 bedroom, which is the most common Salt Lake City 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 January. Higher bars below can command higher prices, if your Salt Lake City vacation rental is available during these days.
$31983%1st
$29782%2nd
$28981%3rd
$29881%4th
$26980%5th
$27379%6th
$28378%7th
$27878%8th
$27677%9th
$28077%10th
$28478%11th
$27379%12th
$27679%13th
$25879%14th
$25978%15th
$25877%16th
$26078%17th
$26979%18th
$28279%19th
$28980%20th
$27779%21st
$26679%22nd
$26178%23rd
$27079%24th
$27180%25th
$28380%26th
$27579%27th
$26378%28th
$25377%29th
$25177%30th
$25077%31st
Average Daily Price & Percent Occupied Next Month In Salt Lake City
Note: These averages are based on a 2 bedroom home in Salt Lake City. 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.
Interested in learning how you can maximize your vacation rental revenue in Salt Lake City, Utah?
If you are a speculative home buyer or have another home in Utah, check out our other Utah Vacation Rental Management reports in Cedar City, Kanab, Logan, Moab, Park City, Sandy, St. George, Vernal, Alton, Washington, Saint George, Heber City, Kamas, Beaver, St George, Millcreek, Ogden, Midvale, Hurricane, Snowbird, Eden, Saratoga Springs, Washington Tr, Daniel, and Canyon Point, Utah or view all of our vacation rental market reports
