Farmington, UT

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Farmington short-term rental market based on reliable data.

Listings

33 / 70

Reliable / Active

Cap Rate

3%

Middle-Earners Gross Yield

Revenue

$23,253

Middle-Earners Revenue

Occupancy

52%

Middle-Earners Occupancy

Home Value

$682,135

Median Home Sale Price

Top Earners

$40,031

Top-Earners Revenue

Farmington

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Farmington.

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B

Generally Investor friendly

Farmington Regulations

Farmington allows STRs with an annual license and tax registration via a straightforward process; permits have moderate fees, safety and occupancy standards, and no hard caps are mentioned. Zoning may restrict STRs in some residential zones and HOA rules can limit availability, but the city doesn’t impose excessive fees or reporting. Compliance is clear and risk manageable, making it investor-friendly overall despite some operational constraints.

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About Farmington

Farmington is a city in, and the county seat of, Davis County, Utah, United States. The population was 24,531 at the 2020 census. The Lagoon Amusement Park and Station Park transit-oriented retail center (which includes a FrontRunner train station) are located in Farmington.

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