Smithfield, UT

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

32 / 56

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$25,928

Middle-Earners Revenue

Occupancy

61%

Middle-Earners Occupancy

Home Value

$461,289

Median Home Sale Price

Top Earners

$56,085

Top-Earners Revenue

Smithfield

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Smithfield.

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A

Very Investor friendly

Smithfield Regulations

Smithfield permits STRs citywide without any enacted local ordinances, caps, or costly permits (as of 2018), requiring only state tax compliance and possible general business licensing. This minimal regulatory burden, lack of restrictive zones, and low cost of entry make it very investor-friendly, though regulatory uncertainty remains.

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About Smithfield

Smithfield is a city in Cache County, Utah, United States. The population was 9,495 at the 2010 United States Census, with an estimated population of 12,025 in 2019. It is included in the Logan, Utah–Idaho Metropolitan Statistical Area, and is the second largest city in the area after Logan, the county seat. Smithfield is home to one public high school and three public elementary schools.

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