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

Smithfield Short-Term Rental Market Overview

Smithfield, UT is a small but growing short-term rental market with 24 active Airbnb listings and notable year-over-year listing growth of 73%. While the average daily rate of $123 sits well below Utah's $494 state average, the market's above-average occupancy stability and favorable supply/demand dynamics make it worth a closer look for investors seeking affordable entry points in Cache Valley. Average annual revenue comes in at $18,563 per listing, and with average home values around $596,716, the revenue-to-price ratio remains a factor to weigh carefully.

Key Market Statistics

According to Rabbu market data, the Smithfield 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 Smithfield

Smithfield appeals to investors looking for a low-competition Utah market with strong occupancy stability and an expanding demand base, though the revenue-to-price ratio requires careful underwriting.

Expert Market Assessment

"Smithfield presents an attractive but nuanced opportunity for STR investors. The market scores a 60 out of 100 on Rabbu's ROI scale, reflecting solid occupancy stability and favorable supply/demand conditions tempered by a below-average revenue-to-price ratio. Seasonality is pronounced—August leads with $3,020 in average monthly revenue while January and February bottom out near $880, creating a roughly 3.4x spread between peak and trough months. Investors who can manage through the quieter winter period and capitalize on the strong summer tourism window will be best positioned in this emerging Cache Valley market."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Smithfield

Average revenue by month in Smithfield

Smithfield shows strong seasonality, with August ($3,020) delivering more than three times the revenue of the slowest months, January and February (both around $880). The summer corridor from June through September accounts for the bulk of annual earnings, while winter months require careful budgeting to maintain profitability.

Active Airbnb listings by property size in Smithfield

The entire reported supply in Smithfield consists of 1-bedroom listings, with 12 active units tracked. This heavy concentration in a single property size could signal an opportunity for investors willing to bring larger, differentiated properties to market—though demand for bigger units should be validated before committing.

Average daily rate (ADR) by property size in Smithfield

One-bedroom listings in Smithfield command an average daily rate of $66, well below the overall market ADR of $123. This gap suggests that the market-wide ADR may be influenced by listings not broken out by size or by seasonal rate variation across the portfolio.

Average RevPAN by property size in Smithfield

One-bedroom properties generate a RevPAN of $20, reflecting the combined effect of a modest $66 ADR and 31% occupancy. For investors targeting this property size, increasing occupancy through competitive pricing or extended-stay strategies could meaningfully improve per-night revenue capture.

Average occupancy rates by property size in Smithfield

One-bedroom listings maintain a 31% occupancy rate, consistent with the market-wide average. While this provides a steady baseline, there's room to outperform through superior listing optimization, flexible pricing, and amenity upgrades that attract more bookings during shoulder and off-peak periods.

Average monthly revenue by property size in Smithfield

One-bedroom units in Smithfield average $949 per month, which sits below the overall market average of $1,546. This indicates that the broader market likely includes higher-performing property types or seasonal variations that lift the aggregate figure beyond what 1-bedroom operators typically capture.

Average annual revenue by property size in Smithfield

At $11,390 annually, 1-bedroom listings produce modest returns that may challenge profitability given Smithfield's average home value of nearly $597K. Investors focused on this configuration should carefully assess whether the revenue potential supports their acquisition costs and ongoing expenses.

Most common amenities for Airbnb listings in Smithfield

Kitchen and parking are universal in Smithfield's listings (100%), reflecting guest expectations in a car-dependent, residential market. Self check-in (71%) and washer access (67%) also feature prominently, while differentiators like hot tubs (8%) and EV chargers (8%) remain rare—potentially offering a competitive edge for hosts who add them.

Understanding Smithfield's ROI Score: 60/100

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

Smithfield's ROI Score of 60 out of 100 places it in the 'Attractive Opportunity' band, driven primarily by above-average marks in occupancy stability, market growth trend, and supply/demand balance. The below-average revenue-to-price ratio is the key constraint, reflecting that current STR earnings may not fully offset the area's home values without disciplined acquisition pricing. Investors should pair this score with thorough local regulatory research and a realistic pro forma that accounts for pronounced winter slowdowns.

Short-Term Rental Regulations in Smithfield

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

Permit Requirements

Short-term rental operators in Smithfield, Utah may need to obtain a business license or STR permit from the city. Investors should verify current permit and registration requirements directly with the City of Smithfield and Cache County before listing a property.

Key Restrictions

Common restrictions that may apply to STRs in Utah communities include occupancy limits, noise ordinances, minimum stay requirements, parking regulations, and HOA rules that could limit or prohibit short-term rentals. Smithfield-specific zoning and land-use policies should be reviewed to ensure compliance before purchasing an investment property.

Tax Obligations

Utah requires short-term rental operators to collect and remit state and local transient room taxes, along with applicable sales tax. Many booking platforms like Airbnb handle a portion of tax collection automatically, but hosts should confirm their obligations with the Utah State Tax Commission to ensure full compliance.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Smithfield's STR market is likely to benefit from continued demand growth, supported by above-average occupancy stability and a healthy supply/demand balance. Summer months—particularly July and August—should remain the strongest earning period, with monthly revenues potentially reaching $2,300–$3,000+ during peak season. Investors can expect softer winter months, where revenue may dip to the $880–$1,070 range, making operational cost management critical for year-round profitability. Given the 73% year-over-year growth in listings, monitoring whether new supply outpaces demand will be important heading into 2027."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Smithfield, UT

What is the average Airbnb occupancy rate in Smithfield?

The average Airbnb occupancy rate in Smithfield, UT is currently 31%, which falls below the Utah state average of 42%. However, Smithfield's occupancy stability is rated above average, meaning the rate tends to be more consistent and predictable across seasons than in many comparable markets.

How much do Airbnb hosts make in Smithfield?

Airbnb hosts in Smithfield earn an average of $1,546 per month and approximately $18,563 per year, based on trailing 12-month booking data. Revenue varies significantly by season—August is the top-earning month at $3,020, while January is the softest at around $880.

Is Smithfield a good market for Airbnb investment?

Smithfield earns a Rabbu ROI Score of 60 out of 100, classified as an 'Attractive Opportunity.' The market benefits from above-average occupancy stability, favorable supply/demand balance, and strong growth trends with 73% year-over-year listing increases. The primary consideration is the below-average revenue-to-price ratio, as average home values sit around $596,716. Investors with a longer time horizon and competitive pricing strategies may find solid returns here.

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

The average daily rate for Airbnb listings in Smithfield is $123, which is significantly lower than the Utah state average of $494. This reflects the market's positioning as a more affordable, smaller-scale destination rather than a premium resort area. One-bedroom listings average an ADR of $66.

Are short-term rentals legal in Smithfield?

Short-term rentals are generally permitted in Smithfield, UT, though operators may need to secure a business license or STR-specific permit. Regulations can vary based on zoning and local ordinances, so investors should check directly with the City of Smithfield and Cache County for the most current rules before purchasing or listing a property.

When is peak season for Airbnb in Smithfield?

Peak season for Airbnb in Smithfield runs from June through September, with August being the single strongest month at $3,020 in average revenue. July ($2,330) and September ($2,015) also perform well. The off-season stretches from November through March, with January and February being the slowest months at approximately $880 each.

How many Airbnbs are there in Smithfield?

As of April 2026, there are 24 active Airbnb listings in Smithfield, UT. The market has seen substantial growth, with a 73% year-over-year increase in active listings, indicating rising investor and host interest in this Cache Valley community.

How is Airbnb revenue calculated in Smithfield?

The annual and monthly revenue figures for Smithfield are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market—not a forward-looking projection. Rabbu averages each comparable listing's actual revenue per available night (RevPAN) by month over the past year, removes regional outliers, and rolls the results up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently, 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 the Smithfield, UT market
• Average daily rates, occupancy rates, and RevPAN metrics by property size
• Monthly and annual revenue trends based on trailing 12-month booking data
• Amenity prevalence data across active listings in the market
• Home value benchmarks sourced from the Zillow Home Value Index (ZHVI)

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 historical averages and may not capture recent market shifts or regulatory changes. Individual property results will vary based on location, condition, pricing strategy, and management quality.