Airbnb & VRBO Performance in Midvale Utah.

Short-Term Rental Regulations in Midvale, Utah for 2024

State and Local Requirements

State-Level Regulations

• Definition of Short-Term Rentals: A short-term rental is defined as a residential unit or any portion of a residential unit offered for occupancy for fewer than 30 consecutive days.
• Permit and License Requirements: Owners must obtain a permit from the municipality or county and a sales and use tax license from the State Tax Commission to operate a short-term rental.
• Local Contact Requirement: Owners must designate a local contact who resides within a one-hour drive distance from the short-term rental and ensure this contact is available 24/7.
• Education Course: The owner and the designated local contact must complete a short-term rental education course approved by the municipality or county.

Local Regulations in Salt Lake County (Applicable to Midvale)

• Business License: Property owners must obtain a business license from the city where the short-term rental is located.
• Application Requirements:
• Provide the location of the rental property
• Number of rooms and maximum occupancy
• Name and contact information of the property manager
• Sales tax collection and accounting number
• Name and 24/7 contact information of a local responsible party.
• Land Use Permit: Many cities, including those in Salt Lake County, may require a separate land use permit to ensure compliance with zoning and land use codes.
• Safety Inspections: Periodic inspections are conducted to ensure the short-term rental meets safety standards, including the presence of smoke detectors, carbon monoxide detectors, and fire extinguishers on each level.
• Occupancy Limits: Owners may not allow more than four occupants in a short-term rental, with two additional occupants allowed for each additional bedroom after the first.

Taxation

• State Sales Tax: Combined state sales tax of 4.7% plus county option sales tax of 0.25%, with additional local taxes possible.
• Transient Room Tax: Varies by city and county, typically 3%-6.25% of the listing price including cleaning and guest fees.

Compliance and Enforcement

• Listing Requirements: Owners must include their short-term rental permit number in any listing or advertisement.
• Restrictions on Local Regulations: State law restricts local governments from using online listings as sole evidence of a violation, though this may be subject to change based on upcoming legislative proposals.

Additional Considerations

• Homeowner Associations: Owners must comply with any specific rules or restrictions imposed by homeowner associations or condominium/cooperative regulations.
• Local Ordinances: Municipalities and counties can enact ordinances to promote public health, safety, and welfare of short-term rental occupants, which may include additional local-specific regulations.

Top Airbnb Revenue-Generating Neighborhoods in Midvale, Utah

Why Midvale Stands Out

Midvale, Utah, is a lucrative market for Airbnb investors due to its strategic location, amenities, and appeal to a variety of guests. Here are the key neighborhoods and reasons why they are attractive:

Midvale Neighborhoods

1. Central Midvale

• Average Daily Rate: $100
• Occupancy Rate: 76%
• Annual Revenue: $29,360
• Appeal: Central Midvale offers easy access to restaurants, hiking trails, biking paths, and fishing spots. Guests appreciate the quiet neighborhoods, large patios, and modern amenities such as fully-equipped kitchens and private entrances.

2. Sugar House Area (adjacent to Midvale)

• Average Daily Rate: Similar to Midvale's average
• Occupancy Rate: High due to its desirable location
• Annual Revenue: Comparable to Midvale's figures
• Appeal: This area is known for its luxurious yet charming homes, such as the one-bedroom brick bungalows with custom gourmet kitchens and smart appliances. Guests enjoy the unique decor, tile bathrooms, and proximity to Salt Lake City's amenities.

3. Midvale Residential Areas

• Average Daily Rate: $100
• Occupancy Rate: 76%
• Annual Revenue: $29,360
• Appeal: These areas offer cozy cottages with modern amenities, private entrances, and off-street parking. Guests like the central location, easy access to public transit, ski buses, and the proximity to Big Cottonwood Canyon and downtown Salt Lake City.

Key Amenities and Attractions

• Proximity to Outdoor Activities: Midvale is close to hiking, biking, and fishing spots, making it ideal for outdoor enthusiasts.
• Modern Amenities: Properties often feature fully-equipped kitchens, private entrances, and modern appliances, enhancing the guest experience.
• Accessibility: Easy access to public transit, ski buses, and major attractions in Salt Lake City adds to the appeal.
• Family and Pet-Friendly Options: Many rentals are family-friendly and allow pets, catering to a wide range of guests.

These factors combine to make Midvale an attractive and profitable location for Airbnb investors, offering a balance of comfort, convenience, and recreational opportunities.

Creating an Inviting Airbnb in Midvale, Utah: Design and Furnishing Tips

Understanding Your Target Audience

• Identify the types of travelers likely to visit Midvale, such as families, business professionals, and outdoor enthusiasts, to tailor the design to their needs and preferences.

Functional and Versatile Spaces

• Design multiple social and private spaces to accommodate different guest needs. Include areas like a living room, dining room, and outdoor spaces such as a grilling area, firepit, and hot tub.

Local Aesthetic and Amenities

• Incorporate elements that reflect Midvale's unique style, such as proximity to ski resorts and outdoor activities. Ensure amenities like comfortable beds, high-speed internet, and fully equipped kitchens are available.

Luxury on a Budget

• Invest in luxury elements that enhance the guest experience without breaking the bank. Focus on lighting control, soft blankets, pillows with different fill options, and blackout shades.

Entryway and First Impressions

• Create a welcoming entryway with thoughtful touches such as clean blankets, occasional tables, and well-placed lamps to make guests feel special and valued.

Dual Functionality

• Design spaces with dual functionality, such as a dining room that can serve as a workspace or additional seating area, and a media room that doubles as a sleeping area.

Comfort and Practicality

• Ensure each bedroom has bedside tables and lamps for each guest, along with temperature control options like ceiling fans. Provide extra bedding layers stored in the closet for guest convenience.

Outdoor and Recreational Spaces

• Utilize Midvale's outdoor appeal by creating inviting outdoor spaces. Include features like a patio, grills, and easy access to hiking trails or bike paths.

Cohesive Color Scheme

• Use a consistent color scheme throughout the property to maintain a cohesive and welcoming atmosphere. This can be inspired by the local environment or the owner's preferences.

Compliance with Local Regulations

• Ensure the property complies with Midvale's short-term rental regulations, including obtaining a business license, registering the property, and adhering to safety requirements like functioning smoke and carbon monoxide detectors.

Attention to Detail

• Pay attention to small details that enhance the guest experience, such as providing USB ports or wireless charging features in lamps, and ensuring there is ample walk space between furniture for comfort.

Discover Midvale, Utah: Local Attractions and Insider Tips

Local Attractions

Dining

• Epic: Enjoy contemporary American cuisine, including tenderloin of beef, seared ahi tuna, and brick-oven flatbreads, along with an extensive wine list and full bar.
• Midvale Mining Company Cafe: A great spot for a hearty breakfast, known for their hash browns.
• Bohemian Brewery: Savor old-world flavors in beers and cuisine.

Entertainment

• Topgolf: An entertainment facility where you can compete and polish your golf skills, complete with a full dining and drink menu.
• Castle of Chaos Escape Rooms & Haunted House: For those who love a challenge and a scare.
• Old Towne Tavern: A venerable bar with pool tables, cheap beer, tequila shots, karaoke, and a horseshoe pitch.

Museums and Historical Sites

• Midvale Museum: Learn about the history of Midvale, including the silver boom of the 1800s.
• This Is The Place Heritage Park: Although in nearby Salt Lake City, this park is a must-visit for its historical significance and monuments describing the arrival of the first Mormon settlers.

Shopping

• Sportsman’s Warehouse: Gear up for outdoor adventures and big-game hunts with a wide range of equipment and gear.
• Natur: Explore deceased wildlife wonders, including fossils, framed insects, and skulls.
• Shops at Fort Union: A shopping center with various stores and dining options.

Parks and Outdoor Activities

• Midvale City Park: A local park close to downtown, perfect for a stroll or picnic.
• Union Park: Another nearby park offering outdoor activities and relaxation.

Insider Tips

Local Landmarks and Filming Locations

• The Sandlot and The Stand were filmed in Midvale. Look out for the old-fashioned drugstore, Vincent Drug, which was used in these films (though it closed in 2003).

Transportation

• Midvale is well-connected by the UTA's TRAX light rail system, with three stations: Bingham Junction, Midvale Fort Union, and Midvale Center. This makes it easy to explore the surrounding area, including downtown Salt Lake City.

Community Events

• Check out local events, festivals, and farmers' markets that happen throughout the year. You can plan your trip using event calendars to ensure you don’t miss out on any exciting activities.

Hidden Gems

• Bohemian Brewery is not just a place to eat but also a great spot to experience old-world flavors in beers and cuisine.
• Old Towne Tavern offers a unique blend of entertainment options, making it a local favorite.

By sharing these attractions and insider tips, you can help your Airbnb guests make the most of their visit to Midvale, Utah.

Practical Tips to Run a Successful Short-Term Rental Business in Midvale, Utah

To ensure the success and compliance of a short-term rental business in Midvale, Utah, several practical tips can be implemented:

Noise Regulations and Guest Communication

Inform guests about quiet hours and noise regulations to maintain a peaceful environment for both the guests and the neighbors. Including this information in the house manual and in the listing description can help set clear expectations.

Comprehensive House Manual

Create both digital and physical house manuals that include essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This manual should also outline the house rules, including quiet hours and any other important regulations.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with clear instructions on how to access the property, along with photos and videos to guide them through the process.

Parking Instructions

Include detailed parking instructions with photos in the house manual to avoid any confusion. This ensures that guests know where to park and how to access the property, reducing potential issues and enhancing their overall experience.

By adhering to these tips, hosts can ensure compliance with local regulations, enhance guest satisfaction, and maintain a well-managed and profitable short-term rental business in Midvale, Utah.

Here is a brief list of house cleaning providers in Midvale, Utah:

House Cleaning Providers in Midvale, UT

The Maids

• Offers various cleaning services including deep cleaning, one-time cleaning, recurring cleaning, move-out/in cleaning, and more.
• Features a 22-Step Cleaning Process and partnership with Mr. Clean®.
• Serves Midvale, Salt Lake City, Cottonwood Heights, and Sandy.

MaidPro

• Provides weekly, bi-weekly, or one-time house cleaning services.
• Customizable maid services designed around your needs.

Essential Cleaning Service

• Known for attention to detail and excellent service.
• Recommended by users on Angie's List.

Lily's House Cleaning

• Offers professional weekly or regular house cleaning services and one-time house cleaning services.
• Includes post-renovation and other specialized cleaning services.

Local Listings on Care.com

• A variety of local house cleaning services listed, with options starting at $19.09/hr.
• Searchable by rates, reviews, experience, and more.

Midvale, Utah, Short-Term Rental Management Fees: A Comprehensive Guide

In Midvale, Utah, short-term rental management fees can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes comprehensive tasks such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum. This type of management ensures that all aspects of the rental property are handled professionally, from coordinating bookings and responding to inquiries to overseeing cleaning, inspections, and property maintenance.

Basic services, which may include only essential management tasks, can be less expensive but still effective. Additionally, property owners may incur extra fees for specific services like cleaning, repairs, or design enhancements. These fees reflect the customized and detailed care that property management companies provide to optimize the rental income and guest satisfaction.