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

Farmington Short-Term Rental Market Overview

Farmington, UT is a small but growing short-term rental market with just 17 active Airbnb listings and a notable 110% year-over-year increase in supply. Average annual revenue sits at $24,381, though the market's ADR of $171 and occupancy of 24% both trail Utah's statewide averages significantly. With average home values near $987,395, the revenue-to-price ratio is tight, making selective deal sourcing essential for investors eyeing this Davis County community.

Key Market Statistics

According to Rabbu market data, the Farmington 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 Farmington

Farmington attracts investor attention due to its favorable supply-demand dynamics and proximity to northern Utah recreation, though high home prices require careful underwriting to achieve acceptable returns.

Expert Market Assessment

"Farmington presents a competitive but constrained opportunity for STR investors. The market's above-average supply/demand balance and rapid listing growth are encouraging, yet a below-average revenue-to-price ratio — driven by home values approaching $1 million — means returns depend heavily on finding the right property at the right price. Seasonality is pronounced: July peaks at $2,831 in average monthly revenue while January dips to $1,444, creating a roughly 2:1 spread that investors should factor into cash-flow planning. For those willing to source deals carefully and optimize operations, Farmington's small inventory and growing demand offer a window worth exploring."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Farmington

Average revenue by month in Farmington

Farmington shows strong seasonality, with July ($2,831) nearly doubling January's revenue ($1,444). The summer corridor from June through September consistently exceeds $2,300 per month, while winter and early spring represent the softest period — investors should budget for meaningful revenue swings between peak and off-peak.

Active Airbnb listings by property size in Farmington

The market's 17 listings are concentrated in just two size categories: 2-bedroom units (8 listings) and 3-bedroom properties (6 listings). The absence of 1-bedroom or 4+ bedroom options could signal either zoning constraints or an untapped niche for investors willing to differentiate.

Average daily rate (ADR) by property size in Farmington

ADR jumps from $135 for 2-bedroom properties to $174 for 3-bedroom units, a 29% premium that suggests guests are willing to pay meaningfully more for extra space. Given that the cost difference between acquiring a 2- and 3-bedroom home may be proportionally smaller, the 3-bedroom configuration likely offers a stronger rate-to-cost trade-off.

Average RevPAN by property size in Farmington

Three-bedroom listings generate $38 in RevPAN compared to $28 for 2-bedroom units, a 36% advantage driven primarily by higher nightly rates rather than occupancy differences. This gap reinforces 3-bedroom properties as the more efficient revenue generators on a per-available-night basis.

Average occupancy rates by property size in Farmington

Occupancy rates are closely matched at 21% for 2-bedroom and 22% for 3-bedroom listings, both well below Utah's 42% statewide average. The narrow spread suggests that property size isn't the primary driver of booking frequency here — pricing strategy and seasonal demand patterns matter more for filling nights.

Average monthly revenue by property size in Farmington

Three-bedroom properties earn $1,904 per month on average, outpacing 2-bedroom listings at $1,407 by roughly $500 monthly. That $497 monthly gap compounds to nearly $6,000 annually, making the larger configuration a clear preference for revenue-focused investors.

Average annual revenue by property size in Farmington

At $22,856 annually, 3-bedroom properties generate about 35% more revenue than 2-bedroom units ($16,893). While neither figure is exceptional given Farmington's home values, the 3-bedroom tier offers the best return potential and should be the primary focus for investors entering this market.

Most common amenities for Airbnb listings in Farmington

Parking appears in 100% of listings, reflecting the car-dependent nature of the area, while kitchen access (94%) and laundry facilities (88%) round out the essentials. The high prevalence of backyards (71%) and BBQ grills (53%) signals that guests expect a residential, family-friendly experience — investors should prioritize outdoor living spaces and home comforts over hotel-style luxury.

Understanding Farmington's ROI Score: 41/100

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

Farmington's ROI Score of 41 out of 100 places it in the 'Competitive Opportunity' band, reflecting a market where investor demand is real but returns require careful execution. The below-average revenue-to-price ratio is the primary drag — with homes averaging nearly $1 million and annual revenue around $24K — while average occupancy stability and an above-average supply/demand balance offer some upside for well-positioned listings. Investors should pair this data with thorough local regulatory research and realistic underwriting to determine whether a specific property pencils out.

Short-Term Rental Regulations in Farmington

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

Permit Requirements

Farmington, Utah may require a short-term rental business license or permit before hosting guests. Investors should verify current requirements directly with the City of Farmington and Davis County, as local STR regulations in Utah can vary by municipality.

Key Restrictions

Common restrictions in Utah STR markets include occupancy limits, noise ordinances, parking requirements, and potential HOA covenants that may prohibit or limit rentals. Some cities also impose minimum stay requirements or cap the number of active permits, so checking with Farmington's planning department before purchasing is strongly advised.

Tax Obligations

Short-term rental operators in Utah are generally subject to state and local transient room taxes, as well as state sales tax. Many booking platforms collect and remit these taxes on behalf of hosts, but operators should confirm their specific obligations with the Utah State Tax Commission.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Farmington's STR market is likely to see continued supply growth as investor interest remains strong, though occupancy rates may face downward pressure if new listings outpace demand. Summer months should continue driving the bulk of revenue, with July and August historically averaging $2,500–$2,800 per listing. ADR could see modest increases in the 1–3% range as hosts refine pricing strategies, but investors should plan conservatively around occupancy in the 20–25% range until the market matures further."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Farmington, UT

What is the average Airbnb occupancy rate in Farmington?

The average occupancy rate for Airbnb listings in Farmington is currently 24%, which is below the Utah statewide average of 42%. This lower occupancy reflects the market's early stage and seasonal demand patterns, with summer months driving the strongest booking activity. Occupancy varies by property size, with 2-bedroom units averaging 21% and 3-bedroom units at 22%.

How much do Airbnb hosts make in Farmington?

Airbnb hosts in Farmington earn an average of $2,031 per month, translating to approximately $24,381 in annual revenue based on trailing 12-month performance. Three-bedroom properties tend to outperform, generating about $1,904 monthly compared to $1,407 for two-bedroom listings. Peak summer months like July can push monthly revenue above $2,800.

Is Farmington a good market for Airbnb investment?

Farmington carries a Rabbu ROI Score of 41 out of 100, classified as a 'Competitive Opportunity.' The market benefits from a favorable supply/demand balance and growing investor interest (110% year-over-year listing growth), but high average home values near $987,395 create a below-average revenue-to-price ratio. Success here requires selective deal sourcing and strong operational management to generate attractive returns.

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

The average daily rate in Farmington is $171, compared to a Utah statewide average of $494. ADR varies by property size — 2-bedroom listings average $135 per night while 3-bedroom properties command $174. These rates reflect Farmington's positioning as a more affordable alternative within the broader Utah STR landscape.

Are short-term rentals legal in Farmington?

Short-term rentals may be permitted in Farmington, UT, but operators should verify current licensing, zoning, and permit requirements with the City of Farmington and Davis County before listing a property. Regulations can change, and HOA restrictions may also apply depending on the neighborhood. Consulting with local authorities and a real estate attorney familiar with Utah STR law is recommended.

When is peak season for Airbnb in Farmington?

Peak season in Farmington runs from June through September, with July delivering the highest average monthly revenue at $2,831. August follows at $2,542, and September brings in $2,306. The slowest months are January ($1,444) and April ($1,526), creating a clear summer-driven seasonal pattern that investors should plan around.

How many Airbnbs are there in Farmington?

As of April 2026, there are 17 active Airbnb listings in Farmington. This represents a 110% increase year-over-year, indicating rapidly growing investor interest. The market is split between 2-bedroom properties (8 listings) and 3-bedroom properties (6 listings), with the remaining listings in other configurations.

How is Airbnb revenue calculated in Farmington?

The annual and monthly revenue figures for Farmington 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, drop regional outliers, and roll the remainder up to a market-level historical average. This anchors the figures to what hosts have actually earned recently rather than to forecasts, while still naturally reflecting seasonal peaks and slower months because 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 Farmington and surrounding areas
• Average daily rate, occupancy, and RevPAN metrics across property sizes
• Monthly and annual revenue trends based on trailing 12-month booking performance
• Home value data sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings in the market

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 performance as of April 2026 and may not capture recent regulatory or market changes. Individual property results will vary based on location, condition, pricing strategy, and management quality.