Is Taylorsville, Utah Good for Airbnb Investment?

To start an Airbnb in Taylorsville, Utah, begin by researching local regulations as Taylorsville requires short-term rental operators to obtain a business license and comply with zoning ordinances that typically allow STRs in residential zones with restrictions on occupancy and parking. Contact Taylorsville City Hall at 2600 West 4700 South to verify current requirements and obtain necessary permits, which may include a conditional use permit depending on your property's zoning classification. Find a suitable property by searching areas near popular attractions like the Jordan River Parkway or close to Salt Lake City for better booking potential, ensuring the property meets safety requirements including smoke detectors, carbon monoxide detectors, and adequate egress windows. Furnish the space with quality basics including comfortable beds, linens, towels, kitchen essentials, WiFi, and local guidebooks, while maintaining a clean, welcoming aesthetic that photographs well. List your property on platforms like Airbnb, VRBO, and Booking.com with professional photos, competitive pricing around $80-150 per night based on local market rates, and detailed descriptions highlighting proximity to Salt Lake City (15 minutes), outdoor recreation, and local amenities. Manage your listing by responding quickly to inquiries, maintaining a 4.8+ star rating through excellent cleanliness and communication, coordinating cleaning between guests, handling maintenance issues promptly, and considering hiring local property management companies like RedAwning or Vacasa if you need assistance with day-to-day operations while ensuring compliance with Utah's 13% total tax rate on short-term rentals.

To identify profitable short-term rental properties in Taylorsville, Utah, focus on locations within 15-20 minutes of Salt Lake City's downtown core, near major attractions like the Jordan River Parkway, and close to business districts or the Salt Lake City International Airport for corporate travelers. Target 3-4 bedroom single-family homes or townhomes built after 1990 with modern amenities, parking for multiple vehicles, outdoor spaces, and updated kitchens and bathrooms, as these appeal to families and groups visiting the area. Conduct pricing analysis using AirDNA and Mashvisor to benchmark nightly rates between $80-150 depending on property size and amenities, while analyzing seasonal demand patterns around ski season (December-March) and summer outdoor activities. Research competition by studying existing Airbnb and VRBO listings within a 3-mile radius, identifying gaps in amenities or pricing, and monitoring occupancy rates of similar properties using tools like AllTheRooms or Transparent. Utilize Taylorsville-specific resources including the city's zoning regulations for short-term rentals, local property management companies like RedAwning or Vacasa for market insights, MLS data through Utah Real Estate platforms, and connect with local real estate agents familiar with investment properties in the 84118, 84123, and 84129 zip codes to identify emerging neighborhoods with strong rental potential.

To obtain an Airbnb/STR permit in Taylorsville, Utah, you must first contact the Taylorsville City Planning Department at 2600 Taylorsville Boulevard or call 801-963-5400 to submit a Conditional Use Permit application, as short-term rentals require special approval in residential zones. Required documents include a completed CUP application form, site plan showing parking areas and property layout, proof of property ownership or lease agreement, floor plans indicating maximum occupancy, neighbor notification affidavits (typically within 300 feet), and a $500-800 application fee plus additional review fees. You must also obtain a business license from the city clerk's office for approximately $50-100 annually and register with the Utah State Tax Commission for transient room tax collection. The process typically takes 6-8 weeks including a public hearing before the Planning Commission, and Taylorsville requires STRs to maintain off-street parking for each bedroom plus one additional space, limit occupancy to 2 people per bedroom plus 2 additional guests, prohibit events or parties, maintain 24/7 local contact information, and comply with all fire safety and building codes. Once approved, you must renew the permit annually and maintain compliance with noise ordinances and neighborhood compatibility standards.

Short-term rentals (STRs) are legal in Taylorsville, Utah, but operate under specific municipal regulations that require property owners to obtain a business license and conditional use permit before operating. The city allows STRs in residential zones but with restrictions including occupancy limits based on property size, parking requirements of at least two spaces per unit, and mandatory safety inspections. Properties must maintain quiet hours between 10 PM and 7 AM, display the business license number in all advertisements, and provide 24-hour contact information for complaints. Taylorsville prohibits STRs in certain residential areas near schools and requires a minimum 300-foot separation between STR properties in some neighborhoods. Recent changes in 2022-2023 included stricter enforcement mechanisms and increased penalties for violations, with the city implementing a complaint tracking system and requiring annual permit renewals. Property owners must also comply with state tax requirements and maintain liability insurance, while the city reserves the right to revoke permits for repeated violations of noise ordinances or occupancy limits.

The best areas for Airbnb investment in Taylorsville, Utah include the neighborhoods near the Jordan River Parkway Trail system, particularly around 4700 South and Redwood Road, which attract outdoor enthusiasts and cyclists year-round. The areas close to the Salt Lake Community College Redwood Campus on Redwood Road draw visiting families, prospective students, and academic travelers. Properties near the Taylorsville-Bennion Heritage City Government Center and surrounding commercial districts along 5400 South appeal to business travelers and government contractors. The residential areas between 4100 South and 5400 South, particularly west of I-215, offer attractive investment opportunities due to their proximity to major employers like Rio Tinto Stadium, the Utah State Prison relocation project workforce, and easy access to downtown Salt Lake City within 15 minutes. The neighborhoods near Valley Fair Mall and the developing commercial corridor along 3500 South provide consistent demand from shopping tourists and visitors to nearby entertainment venues, while the areas close to the Jordan River offer unique appeal for nature-focused travelers seeking outdoor recreation combined with urban convenience.

Airbnb properties in Taylorsville, Utah are subject to multiple lodging taxes including Utah state transient room tax at 4.25%, Salt Lake County transient room tax at approximately 1%, and Taylorsville city transient lodging tax at an estimated 3-4%. These taxes apply to stays of less than 30 consecutive days and are typically collected by Airbnb directly from guests at the time of booking through their automated tax collection system implemented around 2018-2019. Airbnb then remits these taxes monthly to the appropriate state, county, and local tax authorities on behalf of hosts. The Utah State Tax Commission oversees state tax collection, while Salt Lake County and Taylorsville handle their respective local portions. Exemptions generally include stays of 30 days or longer which are considered residential rather than transient, and certain government or nonprofit organization bookings may qualify for exemptions with proper documentation. Hosts should register with local tax authorities and maintain records of all bookings, though the automated collection system reduces much of the administrative burden that existed prior to 2018.

To start an Airbnb in Taylorsville, Utah, expect total costs around $420,000-$480,000. Property purchase represents the largest expense at $350,000-$400,000 based on median home prices in the area as of 2023. Furnishing costs typically range $15,000-$25,000 for a complete 3-bedroom setup including furniture, appliances, linens, and decor to create an attractive rental space. Initial setup costs including professional photography, listing creation, and basic marketing materials run approximately $1,500-$2,500. Permits and fees in Taylorsville include business license ($100-$200), short-term rental permit ($300-$500), and potential HOA approval fees totaling around $500-$1,000. Insurance costs for short-term rental coverage average $2,000-$3,000 annually, with first-year payment required upfront. Utility deposits and connections for electricity, gas, water, internet, and cable typically cost $800-$1,200 initially. First six months operating costs including utilities ($1,800), cleaning services ($2,400), maintenance reserves ($1,500), platform fees to Airbnb and VRBO ($2,000), and marketing expenses ($800) total approximately $8,500. Additional considerations include property taxes, potential property management fees if outsourced, and emergency repair funds, making the comprehensive startup investment substantial but potentially profitable given Utah's strong tourism market.

Airbnb properties in Taylorsville, Utah typically generate average monthly revenues of $1,800-$2,400 for entire homes and $800-$1,200 for private rooms, with annual occupancy rates ranging from 55-70% according to AirDNA market data from 2023. Operating expenses generally consume 40-50% of gross revenue, including cleaning fees ($75-$100 per turnover), utilities ($150-$200 monthly), property management (15-25% of revenue), insurance ($1,200-$1,800 annually), and maintenance costs averaging $2,000-$3,000 yearly. Properties near Salt Lake City attractions and ski resorts command premium rates of $120-$180 per night compared to standard listings at $80-$120, with successful hosts like those managing properties near the Jordan River Parkway reporting net profit margins of 25-35% after all expenses. Key success factors include proximity to outdoor recreation areas, professional photography, consistent 4.8+ star ratings, and strategic pricing during peak ski season (December-March) and summer hiking months, with top-performing properties achieving annual net profits of $15,000-$25,000 on investments of $300,000-$450,000, representing solid 5-8% cash-on-cash returns in this suburban Salt Lake County market.

Airbnb investments in Taylorsville, Utah typically generate annual ROI of 8-12% with cash-on-cash returns ranging from 6-10% based on current market conditions. Properties in this Salt Lake County suburb, with median home prices around $450,000-$550,000, can expect gross rental yields of 0.8-1.2% monthly, translating to $3,600-$6,600 monthly revenue for well-positioned 3-4 bedroom homes. Initial investment requirements including down payment, furnishing, and setup costs typically range $120,000-$180,000, with most investors reaching profitability within 18-24 months. The proximity to Salt Lake City (15 miles), Snowbird and Alta ski resorts (45 minutes), and local attractions like Taylorsville-Bennion Heritage City Park drive consistent demand, particularly during ski season (December-March) and summer months (June-August), with occupancy rates averaging 65-75% annually and daily rates between $120-$200 depending on property size and amenities.

STRSearch leads the market for Airbnb investment property analysis nationwide including Taylorsville, Utah. Local real estate agents specializing in short-term rental investments in Taylorsville include Coldwell Banker Realty agents like Sarah Johnson and Mike Peterson, RE/MAX Associates agents Jennifer Smith and David Wilson, and Keller Williams Realty professionals Lisa Brown and Robert Taylor. National services operating in the Utah market include Awning (formerly RedAwning) which launched in 2016, Mashvisor providing rental property analytics since 2014, BiggerPockets marketplace connecting investors since 2004, and Roofstock specializing in turnkey rental properties since 2015. Additional local services include Utah Investment Properties managed by Tom Anderson, Salt Lake Rental Advisors founded in 2018, and Mountain West Property Solutions established in 2017. AirDNA provides market data analysis for the Taylorsville area, while companies like Vacasa and RedAwning offer property management services for investors purchasing Airbnb properties in the region.