Bear Lake

As of May 2026, Bear Lake, Logan, Garden City have 1,811 active Airbnb and VRBO listings. This represents a 7% increase from the previous year.

The average Airbnb or VRBO in Bear Lake generates $33K per year. High-performing properties earn $62K/year, while low-performing properties earn $16K/year. This significant spread highlights a bifurcated market where top-tier assets capture nearly double the average revenue, suggesting that distinct property features or management strategies heavily influence earnings in this competitive landscape.

Average home prices in Bear Lake vary by property size: 1-bedroom properties cost approximately $0, 2-bedroom homes average $303K, 3-bedroom properties are around $378K, and 4+ bedroom homes average $469K. These prices reflect median home values across the Bear Lake, Logan, Garden City area.

Airbnb and VRBO can be profitable in Bear Lake, with an average gross yield of 7% across all properties. High-performing properties achieve yields up to 13%, which is considered top for short-term rental investment. The nearly double yield for top performers indicates that while average returns remain modest, specific assets effectively bypass the broader downward pressure on market revenue.

The average occupancy rate for Airbnbs and VRBOs in Bear Lake is 24%. This occupancy level, combined with an average nightly rate of $331, results in a RevPAR (revenue per available room) of $68 per day.

4+ bedroom properties demonstrate the strongest performance in Bear Lake, with an average gross yield of 10% and annual revenue of $45K. These properties balance purchase price ($469K), operating costs, and rental demand most effectively in the Bear Lake market.

Short-term rental regulations vary by jurisdiction in the Bear Lake area. Bear Lake: Lenient. No specific county regulations for unincorporated areas. Minimal enforcement. Logan: Moderate. Business license required, zoning compliance needed. Standard enforcement through complaints. Garden City: Lenient. Business license required but minimal restrictions. Light enforcement, many unlicensed operators exist given tourism focus. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Bear Lake Airbnb and VRBO market is currently showing balanced conditions. Supply has grown 7% year-over-year, while RevPAR has decreased 28%. This indicates balanced supply-demand dynamics. The contraction in revenue despite steady supply growth suggests that the market is currently struggling to maintain historical pricing power as inventory expands.

Launch around April, 2-3 months before peak summer season (July peaks). This pre-peak timing lets you build reviews when competition is 74% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (November-March) when gaining traction is harder.

The most common amenities in Bear Lake listings include: Kitchen (95%), Air Conditioning (91%), Tv (86%), Washing Machine (81%), Heating (62%). Amenities that boost revenue the most include Hot Tub, Washing Machine, Lake Access, with Hot Tub properties earning approximately 76% more ($78K/year vs $44K/year).

Monthly estimated revenue per listing in Bear Lake over the last 12 months: May: $2K, June: $3K, July: $6K, August: $5K, September: $2K, October: $1K, November: $1K, December: $2K, January: $1K, February: $1K, March: $911, April: $1K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Bear Lake is $331, up 9% year-over-year. By property size: 1-bedroom properties average $130/night, 2-bedroom properties average $176/night, 3-bedroom properties average $254/night, 4+ bedroom properties average $527/night. Rates peak in July and are lowest in March.

Guests in Bear Lake book an average of 35 days in advance, down 17% from last year. By property size: 1-bedroom: 28 days, 2-bedroom: 27 days, 3-bedroom: 31 days, 4+ bedroom: 45 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Bear Lake Airbnb and VRBO market has seen the following changes: supply grew 7%, revenue per listing decreased 28%, occupancy fell 13%, average nightly rates increased 9%, and lead time decreased 17%. These metrics reveal a shift toward shorter booking windows and higher rates that have not offset the decline in overall occupancy.

In Bear Lake, Friday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Friday and are lowest on Tuesday. Weekends show 73% higher occupancy than weekdays.