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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Heber City presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.
Heber City sits at the crossroads of Utah's outdoor recreation scene, drawing visitors year-round to nearby ski resorts in winter and mountain trails, reservoirs, and events through the warmer months. With 252 active Airbnb listings, an average daily rate of $467, and average annual revenue of $39,519 per listing, the market offers meaningful earning potential — though elevated home values averaging $1,492,044 mean investors need to be selective about deal sourcing. The 43% occupancy rate tracks just above the Utah state average, and a 150% year-over-year growth in active listings signals strong investor interest alongside increasing competition.
According to Rabbu market data, the Heber City short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 252 |
| Average Daily Rate (ADR) | vs. $494 state avg. | $467 |
| Average Occupancy Rate | vs. 42% state avg. | 43% |
| RevPAN | ADR * Occupancy Rate | $200 |
| Average Monthly Revenue | Historical 12-month average | $3,293 |
| Average Annual Revenue | Historical 12-month average | $39,519 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Heber City attracts investor attention thanks to its proximity to premier ski and outdoor recreation destinations, though high home prices and rapid supply growth demand careful underwriting.
Key investment factors
"Heber City presents a competitive but nuanced opportunity for STR investors. The market's deep winter seasonality — January revenue is nearly seven times higher than the spring trough in April and May — means cash-flow planning around off-peak months is critical. Larger properties clearly outperform: 6+ bedroom listings average over $120,000 annually compared to roughly $20,000 for one-bedrooms. However, the below-average revenue-to-price ratio and rapid supply expansion (150% YoY listing growth) suggest that only well-differentiated, strategically priced properties will deliver attractive returns in an increasingly crowded field."
— Rabbu Market Analysis Team
Heber City shows extreme seasonality, with January ($7,198) generating nearly seven times the revenue of the weakest months, April ($1,086) and May ($1,012). A secondary summer peak in July–August ($4,000+) and a strong December ($4,167) provide additional revenue windows, but investors should plan for a pronounced spring trough.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$7,198 |
| February |
|
$5,788 |
| March |
|
$4,348 |
| April |
|
$1,086 |
| May |
|
$1,012 |
| June |
|
$2,443 |
| July |
|
$4,032 |
| August |
|
$4,011 |
| September |
|
$2,226 |
| October |
|
$1,707 |
| November |
|
$1,497 |
| December |
|
$4,167 |
Three-bedroom (65 listings) and four-bedroom (62 listings) properties dominate Heber City's supply, together accounting for roughly half the market. One-bedroom units (24) and 6+ bedroom properties (22) are the least represented, potentially signaling less competition at both ends of the size spectrum.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
24 |
| 2 bedrooms |
|
46 |
| 3 bedrooms |
|
65 |
| 4 bedrooms |
|
62 |
| 5 bedrooms |
|
29 |
| 6+ bedrooms |
|
22 |
ADR scales steeply with bedroom count in Heber City, rising from $173 for one-bedroom units to $913 for 6+ bedroom properties — more than a fivefold increase. The jump from three bedrooms ($364) to four bedrooms ($578) is especially notable, suggesting a strong pricing premium once properties can accommodate larger groups.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$173 |
| 2 bedrooms |
|
$243 |
| 3 bedrooms |
|
$364 |
| 4 bedrooms |
|
$578 |
| 5 bedrooms |
|
$764 |
| 6+ bedrooms |
|
$913 |
Revenue per available night climbs consistently with property size, from $90 for one-bedrooms to $399 for 6+ bedroom listings. Four-bedroom properties mark a clear inflection point at $245 RevPAN, nearly double the three-bedroom figure of $133, making larger homes significantly more efficient revenue generators on a per-night basis.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$90 |
| 2 bedrooms |
|
$114 |
| 3 bedrooms |
|
$133 |
| 4 bedrooms |
|
$245 |
| 5 bedrooms |
|
$324 |
| 6+ bedrooms |
|
$399 |
One-bedroom units lead in occupancy at 52%, while three-bedroom properties lag at 37% — the market's lowest rate. Mid-to-large properties (4–6+ bedrooms) cluster in the 42–44% range, suggesting that while smaller units stay fuller, larger homes compensate with substantially higher nightly rates.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
52% |
| 2 bedrooms |
|
47% |
| 3 bedrooms |
|
37% |
| 4 bedrooms |
|
42% |
| 5 bedrooms |
|
42% |
| 6+ bedrooms |
|
44% |
Monthly revenue increases dramatically with property size: 6+ bedroom listings average $10,052/month, roughly six times the $1,703 earned by one-bedroom units. The step up from three bedrooms ($2,355) to four bedrooms ($4,129) represents the sharpest per-bedroom revenue gain, reinforcing the case for larger properties in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$1,703 |
| 2 bedrooms |
|
$2,006 |
| 3 bedrooms |
|
$2,355 |
| 4 bedrooms |
|
$4,129 |
| 5 bedrooms |
|
$6,666 |
| 6+ bedrooms |
|
$10,052 |
Annual revenue ranges from $20,443 for one-bedroom units to $120,631 for 6+ bedroom properties, illustrating the outsized earning potential of large homes in Heber City. Five-bedroom listings at nearly $80,000 annually represent a strong middle ground for investors seeking high revenue without the operational complexity of the largest homes.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$20,443 |
| 2 bedrooms |
|
$24,083 |
| 3 bedrooms |
|
$28,265 |
| 4 bedrooms |
|
$49,551 |
| 5 bedrooms |
|
$79,992 |
| 6+ bedrooms |
|
$120,631 |
Kitchens (97%), washers (92%), and parking (92%) are near-universal, reflecting baseline guest expectations in a mountain-market setting. Hot tubs appear in 60% of listings and BBQ grills in 64%, positioning these as competitive differentiators rather than luxuries — investors without them risk falling behind. Lake access (26%) and pet-friendliness (24%) remain less common and could serve as niche advantages.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
97% |
| Washer |
|
92% |
| Parking |
|
92% |
| Dryer |
|
89% |
| Self Check-in |
|
87% |
| Patio or Balcony |
|
75% |
| BBQ Grill |
|
64% |
| Workspace |
|
63% |
| Hot Tub |
|
60% |
| Outdoor Furniture |
|
43% |
| Backyard |
|
36% |
| Lake Access |
|
26% |
| Pets |
|
24% |
| Pool |
|
22% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Heber City Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Below average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Below average | 15% |
| Supply/Demand Balance | Below average | 15% |
Heber City's ROI Score of 36 out of 100 places it in the 'Competitive Opportunity' band, reflecting a market where demand and investor interest are strong but elevated home prices compress returns. The below-average revenue-to-price ratio is the primary drag, compounded by below-average marks on market growth trend and supply/demand balance as listing counts surge. Investors can still find viable deals here — particularly with larger, amenity-rich properties — but should pair this data with thorough local regulatory research and conservative underwriting assumptions.
Understanding local STR regulations is essential before investing in Heber City. Here's the current regulatory landscape:
Short-term rental operators in Heber City, Utah may be required to obtain a business license or STR-specific permit before listing their property. Investors should verify current requirements directly with the City of Heber City and Wasatch County, as regulations can change with growing STR activity.
Common restrictions in mountain-resort communities like Heber City can include occupancy limits tied to bedroom count, minimum stay requirements, noise ordinances, parking mandates, and caps on the number of permits issued in certain zones. HOA rules in planned communities or condo developments may impose additional limitations, so reviewing CC&Rs before purchasing is essential.
Utah requires short-term rental operators to collect and remit state and local transient room taxes, and platforms like Airbnb often handle collection on the host's behalf. Investors should confirm their obligations for any county or municipal tourism levies specific to Wasatch County.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Heber City can provide current regulatory guidance.
Financing an Airbnb investment in Heber City requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Heber City's pronounced winter seasonality — with January revenue peaking near $7,198 — should remain a reliable anchor for annual returns, while summer months like July and August contribute a solid secondary peak around $4,000. Investors can expect occupancy to hold in the low-to-mid 40% range market-wide, though well-positioned larger properties may outperform. ADR growth is likely to be modest, perhaps 1–3%, as rapid supply growth (150% year-over-year) puts downward pressure on pricing power. Selective investors who focus on higher-bedroom-count properties and differentiate on amenities like hot tubs and lake access should be best positioned to capture demand."
— Rabbu Market Analysis Team
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.
Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month performance and may not capture very recent regulatory or market shifts. Individual property results will vary based on location, condition, pricing strategy, and management quality.
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