Spanish Fork, UT Airbnb Market Data, Statistics, and Occupancy Rates

Spanish Fork Short-Term Rental Market Overview

Spanish Fork, UT is a compact short-term rental market with just 28 active Airbnb listings and an average annual revenue of $20,923 per property. While the average daily rate of $137 sits well below the Utah state average of $494, the market benefits from above-average occupancy stability and a notable 271% year-over-year growth in listing count — signaling rising investor interest. With average home values around $715,457, the revenue-to-price ratio remains below average, but the market's growth trajectory and steady demand patterns make it worth a closer look for investors seeking emerging Utah opportunities.

Key Market Statistics

According to Rabbu market data, the Spanish Fork 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 Spanish Fork

Investors are drawn to Spanish Fork for its emerging STR market dynamics, above-average occupancy stability, and proximity to Utah's outdoor recreation corridors.

Expert Market Assessment

"Spanish Fork represents a modest but growing STR opportunity — best characterized as an attractive niche rather than a high-volume destination. Revenue peaks sharply in summer, with July delivering $2,566 in average monthly revenue compared to just $1,317 in February, creating a roughly 2:1 spread between peak and off-peak earnings. The market's ROI score of 60 out of 100 reflects a healthy balance between occupancy stability and growth potential, tempered by a below-average revenue-to-price ratio given home values near $715K. Investors who can optimize pricing during the June–August window and maintain reasonable bookings through quieter months stand to benefit most."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Spanish Fork

Average revenue by month in Spanish Fork

Revenue in Spanish Fork follows a pronounced summer peak, with July topping out at $2,566 and the slowest month — February — coming in at just $1,317, a spread of nearly $1,250. Investors should plan for roughly 40–45% of annual revenue to concentrate in the June through August window.

Active Airbnb listings by property size in Spanish Fork

Three-bedroom properties dominate supply with 10 of the 28 active listings, followed by 1-bedrooms (8) and 2-bedrooms (5). The relatively thin 2-bedroom inventory could present a niche opportunity, especially given that size's strong occupancy and RevPAN performance.

Average daily rate (ADR) by property size in Spanish Fork

ADR rises steadily with size, from $94 for 1-bedroom units to $161 for 3-bedrooms — a 71% premium. The jump from 2-bedroom ($108) to 3-bedroom pricing is the steepest, suggesting guests are willing to pay meaningfully more for additional space in this market.

Average RevPAN by property size in Spanish Fork

Two-bedroom listings deliver the strongest RevPAN at $36 per available night, outpacing both 3-bedrooms ($26) and 1-bedrooms ($17). This gap highlights that while 3-bedrooms command higher nightly rates, their lower occupancy significantly reduces effective per-night revenue.

Average occupancy rates by property size in Spanish Fork

Occupancy rates vary widely by size, with 2-bedroom properties leading at 33% — nearly double the 16% average for 3-bedrooms and well ahead of 1-bedrooms at 19%. For investors prioritizing consistent bookings and cash-flow reliability, 2-bedroom configurations appear to be the sweet spot in Spanish Fork.

Average monthly revenue by property size in Spanish Fork

Three-bedroom listings earn the most per month at $1,837, edging out 2-bedrooms ($1,696) by a modest margin, while 1-bedrooms trail at $1,170. The relatively small gap between 2- and 3-bedroom monthly revenue — just $141 — may favor 2-bedroom investments when factoring in lower acquisition and operating costs.

Average annual revenue by property size in Spanish Fork

Annual revenue tops out at $22,050 for 3-bedroom properties, with 2-bedrooms close behind at $20,356 and 1-bedrooms generating $14,044. Given that 2-bedrooms deliver 92% of the 3-bedroom revenue with significantly higher occupancy rates, they may offer the most balanced return profile in this market.

Most common amenities for Airbnb listings in Spanish Fork

Parking is universal at 100% of listings, and kitchen access (96%) and self check-in (82%) are near-standard — signaling that guests in Spanish Fork expect practical, home-like conveniences over resort-style luxuries. Differentiators like hot tubs (11%), pet-friendliness (25%), and backyard space (46%) remain relatively uncommon and could help listings stand out in a competitive set.

Understanding Spanish Fork'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

Spanish Fork's ROI score of 60 out of 100 places it in the "Attractive Opportunity" band, reflecting a market with genuine upside tempered by a below-average revenue-to-price ratio — average home values near $715K generate roughly $20,923 in annual revenue. The score is buoyed by above-average occupancy stability and market growth trend, suggesting demand is strengthening and bookings are relatively consistent. Investors should pair these data points with local regulatory research and property-level financial modeling to confirm the numbers work for their specific acquisition.

Short-Term Rental Regulations in Spanish Fork

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

Permit Requirements

Short-term rental operators in Spanish Fork, Utah may be required to obtain a business license or STR permit from the city before listing their property. Investors should verify current permit and registration requirements directly with the Spanish Fork municipal government, as local rules can change.

Key Restrictions

Common STR restrictions in Utah communities can include occupancy limits, minimum stay requirements, noise and nuisance ordinances, parking mandates, and caps on the number of permitted rentals in certain zones. HOA rules may impose additional constraints, so investors should review any applicable covenants before purchasing.

Tax Obligations

Short-term rental hosts in Utah are generally subject to state and local transient room taxes, as well as applicable sales taxes on rental income. 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 and local authorities.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Spanish Fork is likely to see continued growth in STR supply as investor awareness of the market increases, though the small base of 28 listings means the landscape could shift quickly. Seasonal patterns suggest summer months (June through August) will remain the primary revenue drivers, with monthly earnings potentially reaching $2,200–$2,600 during peak periods. Occupancy stability is rated above average, which bodes well for consistent cash flow outside of peak season, though investors should anticipate softer months like February and November pulling monthly revenue closer to $1,300–$1,400. ADR increases of 2–4% are plausible if demand continues to outpace supply growth, though these are estimates rather than certainties."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Spanish Fork, UT

What is the average Airbnb occupancy rate in Spanish Fork?

The average Airbnb occupancy rate in Spanish Fork is currently 26%, which falls below the Utah state average of 42%. Occupancy varies significantly by property size — 2-bedroom listings lead at 33%, while 3-bedroom properties average just 16%. Despite the lower overall rate, occupancy stability in Spanish Fork is rated above average, meaning bookings tend to be more consistent month to month than in many comparable markets.

How much do Airbnb hosts make in Spanish Fork?

Airbnb hosts in Spanish Fork earn an average of $1,743 per month and approximately $20,923 per year based on trailing 12-month booking data. Revenue varies by property size: 1-bedroom listings average $14,044 annually, 2-bedrooms bring in about $20,356, and 3-bedroom properties top the market at $22,050 per year. Peak summer months can push monthly revenue above $2,500, while slower months like February and November tend to dip below $1,400.

Is Spanish Fork a good market for Airbnb investment?

Spanish Fork scores 60 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" tier. The market benefits from above-average occupancy stability and a strong growth trend, with active listings growing 271% year over year. However, the revenue-to-price ratio is below average given average home values of $715,457 against annual revenue of roughly $20,923. Investors who can acquire properties efficiently and optimize for peak summer demand may find solid returns, but thorough due diligence on local regulations and property-specific economics is recommended.

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

The average daily rate for Airbnb listings in Spanish Fork is $137, which is significantly lower than the Utah state average of $494. ADR scales with property size: 1-bedroom listings average $94 per night, 2-bedrooms come in at $108, and 3-bedroom properties command $161. This pricing reflects Spanish Fork's positioning as a more affordable, residential-oriented market compared to Utah's resort-heavy destinations.

Are short-term rentals legal in Spanish Fork?

Short-term rentals are generally permitted in Spanish Fork, though operators may need to secure appropriate permits or business licenses from the city. Local zoning rules, HOA restrictions, and other regulations may apply. Investors should contact Spanish Fork city offices and review Utah state requirements to ensure full compliance before listing a property.

When is peak season for Airbnb in Spanish Fork?

Peak season in Spanish Fork runs from June through August, with July being the strongest month at an average revenue of $2,566 per listing. June ($2,072) and August ($2,388) also deliver well above the annual monthly average of $1,743. The slowest months are February ($1,317) and November ($1,354), creating a clear summer-driven seasonality pattern that investors should factor into their financial planning.

How many Airbnbs are there in Spanish Fork?

As of April 2026, there are 28 active Airbnb listings in Spanish Fork. The market is small but growing rapidly, with a 271% increase in listings year over year. Supply is concentrated across three property sizes: 10 listings have 3 bedrooms, 8 have 1 bedroom, and 5 have 2 bedrooms.

How is Airbnb revenue calculated in Spanish Fork?

The annual and monthly revenue figures for Spanish Fork 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 because each month draws on its own historical performance. Individual results can vary based on property quality, pricing strategy, and how actively a host manages their listing.

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 by market and property size
• Average daily rate, occupancy, and RevPAN metrics benchmarked against state averages
• Monthly and annual revenue trends based on trailing 12 months of booking data
• Property value data sourced from the Zillow Home Value Index (ZHVI)
• Popular amenity prevalence 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 12-month averages as of April 2026 and may not capture very recent market shifts. Local regulations, HOA rules, and tax obligations can change; investors should verify current requirements with local authorities before purchasing.