Ephraim, UT Airbnb Market Data, Statistics, and Occupancy Rates

Ephraim Short-Term Rental Market Overview

Ephraim, UT is a small, emerging short-term rental market with just 16 active Airbnb listings and notable year-over-year listing growth of 92%. The average annual revenue sits at $17,060 with an ADR of $137—well below Utah's $494 state average—while occupancy of 23% trails the state's 42% benchmark. Investors drawn to this central Utah community should approach with realistic expectations: the market favors selective deal-sourcing rather than passive entry, and revenue potential is modest relative to home values averaging $578,876.

Key Market Statistics

According to Rabbu market data, the Ephraim short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.

Why Investors Consider Ephraim

Ephraim's appeal lies in its rapid supply growth and above-average market growth trend, though below-average revenue-to-price ratios and occupancy stability mean careful property selection is essential.

Expert Market Assessment

"Ephraim presents a competitive opportunity where the math works only for disciplined investors. With a ROI score of 38 out of 100, below-average revenue-to-price ratios and occupancy stability are the primary headwinds, while above-average growth trends and supply/demand balance offer some upside. Seasonality is pronounced—monthly revenue swings from a low of $619 in February to a peak of $2,355 in June—so cash-flow planning around a roughly four-month high season is critical. Investors who can acquire properties at favorable price points and optimize for peak-season capture will be best positioned in this small but growing market."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Ephraim

Average revenue by month in Ephraim

Ephraim's revenue cycle is heavily seasonal, peaking at $2,355 in June and bottoming out at $619 in February—a nearly 4x spread. The strong summer corridor from June through September (all above $1,900) contrasts sharply with a sluggish winter, making cash reserves or supplemental income important for off-peak months.

Active Airbnb listings by property size in Ephraim

Supply in Ephraim is concentrated in just two size categories: 1-bedroom (5 listings) and 3-bedroom (6 listings), with no 2-bedroom, 4-bedroom, or larger properties appearing in the data. This gap could represent an opportunity for investors willing to offer mid-size or larger accommodations that are currently absent from the market.

Average daily rate (ADR) by property size in Ephraim

ADR scales meaningfully with size, jumping from $101 for 1-bedroom units to $183 for 3-bedroom properties—an 81% premium. For investors, the higher nightly rate on 3-bedroom homes may help offset lower occupancy, though the trade-off requires careful revenue modeling.

Average RevPAN by property size in Ephraim

Interestingly, 1-bedroom listings deliver a slightly higher RevPAN of $33 compared to $29 for 3-bedroom units, thanks to their stronger occupancy. This suggests that smaller properties generate more consistent per-night revenue despite commanding lower nightly rates.

Average occupancy rates by property size in Ephraim

One-bedroom units maintain a 33% occupancy rate—more than double the 16% rate for 3-bedroom properties. The significantly lower fill rate on larger homes signals that while they charge more per night, they sit empty far more often, which investors should weigh against their higher carrying costs.

Average monthly revenue by property size in Ephraim

Three-bedroom properties lead in average monthly revenue at $1,611 compared to $1,084 for 1-bedroom units, a $527 gap driven by higher nightly rates despite lower occupancy. Investors should note that even the top-performing size averages under $1,700/month, underscoring the need for disciplined cost management.

Average annual revenue by property size in Ephraim

On an annual basis, 3-bedroom homes generate approximately $19,340 while 1-bedroom properties earn around $13,016. Given average home values of $578,876 in the area, the revenue-to-price ratio is thin for both sizes, reinforcing the importance of acquiring properties at below-market prices to achieve meaningful returns.

Most common amenities for Airbnb listings in Ephraim

Parking (100%) and kitchen access (94%) are near-universal among Ephraim listings, while self check-in (81%) and laundry (75%) round out the baseline expectations. Premium amenities like hot tubs, gyms, and EV chargers are rare (6% each), suggesting that adding differentiating features could help a listing stand out in this small market.

Understanding Ephraim's ROI Score: 38/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Ephraim's ROI score of 38 out of 100 places it in the "Competitive Opportunity" band, meaning the market has identifiable potential but demands sharper execution. Below-average marks on revenue-to-price ratio and occupancy stability are the primary drags, while above-average scores in market growth trend and supply/demand balance hint at a market still maturing. Investors should pair this data with thorough local regulatory research and realistic underwriting to determine whether a specific property can outperform the market averages.

Short-Term Rental Regulations in Ephraim

Understanding local STR regulations is essential before investing in Ephraim. Here's the current regulatory landscape:

Permit Requirements

Ephraim, Utah may require a business license or short-term rental permit before listing a property; investors should verify current requirements directly with the City of Ephraim and Sanpete County offices, as local ordinances can change.

Key Restrictions

Common restrictions in Utah communities like Ephraim can include occupancy limits, parking requirements, noise ordinances, and potential HOA rules that limit or prohibit short-term rentals. Investors should also check whether any minimum-stay requirements or permit caps apply in the area.

Tax Obligations

Utah imposes a statewide transient room tax, and Sanpete County may levy additional local lodging taxes on short-term stays. Platforms like Airbnb often collect and remit state-level taxes automatically, but hosts should confirm that all local tax obligations are fully covered.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Ephraim can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Supply growth of 92% year-over-year signals rising investor and host interest in Ephraim, which could tighten competition if demand doesn't keep pace. Over the next 12–18 months, expect summer months (June–September) to remain the primary revenue window, with ADRs potentially edging up 1–3% as new hosts test pricing. Occupancy may settle in the low-to-mid 20s unless local demand drivers—such as Snow College events or outdoor recreation—expand meaningfully. Investors should plan for pronounced seasonality and budget conservatively around the $1,400/month historical revenue average."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Ephraim, UT

What is the average Airbnb occupancy rate in Ephraim?

The average Airbnb occupancy rate in Ephraim is currently 23%, which sits below the Utah state average of 42%. Occupancy varies significantly by property size, with 1-bedroom units achieving 33% and 3-bedroom properties averaging 16%. Seasonal demand patterns play a large role, as summer months drive the majority of bookings.

How much do Airbnb hosts make in Ephraim?

Airbnb hosts in Ephraim earn an average of $1,421 per month and approximately $17,060 per year based on trailing 12-month booking data. Revenue varies by property size: 1-bedroom listings average around $13,016 annually, while 3-bedroom properties generate roughly $19,340 per year. Peak summer months can push monthly revenue above $2,000, while winter months may dip below $750.

Is Ephraim a good market for Airbnb investment?

Ephraim earns a ROI score of 38 out of 100, placing it in the "Competitive Opportunity" category. The market shows above-average growth trends and favorable supply/demand dynamics with only 16 active listings, but below-average revenue-to-price ratios and occupancy stability mean investors need to be selective. Strong operational management and competitive pricing—especially during the peak summer season—are essential to generating positive returns against average home values of $578,876.

What is the average daily rate (ADR) for Airbnb in Ephraim?

The average daily rate for Airbnb listings in Ephraim is $137, significantly lower than the Utah state average of $494. ADR scales with property size: 1-bedroom units average $101 per night, while 3-bedroom properties command $183. This pricing reflects Ephraim's position as a smaller, more affordable market compared to Utah's popular resort and urban destinations.

Are short-term rentals legal in Ephraim?

Short-term rentals are generally permitted in Ephraim, UT, though hosts may need to obtain a business license or local permit. Regulations can vary and are subject to change, so investors should verify current requirements with the City of Ephraim and Sanpete County. It's also important to check any applicable HOA restrictions and ensure compliance with Utah's transient room tax obligations.

When is peak season for Airbnb in Ephraim?

Peak season in Ephraim runs from June through September, with June leading at $2,355 in average monthly revenue and August close behind at $2,201. The shoulder months of May and October also perform reasonably well at $1,317 and $1,778 respectively. The slowest period is winter, with February dropping to just $619 in average revenue—highlighting the strong seasonal nature of this market.

How many Airbnbs are there in Ephraim?

As of April 2026, there are 16 active Airbnb listings in Ephraim. The supply is split between 1-bedroom properties (5 listings) and 3-bedroom properties (6 listings), with the remainder falling into other configurations. Notably, the market has experienced 92% year-over-year growth in active listings, indicating increasing host and investor interest.

How is Airbnb revenue calculated in Ephraim?

The annual and monthly revenue figures for Ephraim are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market—not a forward-looking projection. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and roll the results up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks and slower months, since each month uses its own historical performance. Individual results can vary based on property quality, pricing strategy, and operational management.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts for the Ephraim, UT market
• Average daily rates, occupancy rates, and RevPAN metrics across property sizes
• Monthly and annual revenue trends based on trailing 12-month booking data
• Home value benchmarks sourced from Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings to inform property optimization

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and may not capture very recent market shifts or regulatory changes. Individual results will vary based on property location, condition, pricing strategy, and management quality.