Performance indicators for the Ephraim short-term rental market based on reliable data.
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Generally Investor friendly
STRs are legal citywide as dwelling units with no cap or narrow zoning limits; permitting involves standard building permits and a Certificate of Occupancy plus state transient-room tax registration (1% tax), which is moderately burdensome but clear and manageable.
Local STR Agent
STR specialist · Ephraim, UT
Ephraim is a small, tight-knit city in Sanpete County in central Utah, with a population of roughly 7,500 to 8,000 residents. Tucked into the floor of the Sanpete Valley and ringed by the highlands of the Wasatch Plateau and the Gunnison Plateau, the town has a long agricultural and pioneer heritage, with strong Danish and Scandinavian roots that still shape its identity through local cuisine, festivals, and architecture. Snow College, a well-regarded two-year institution, gives the town a youthful energy, while the surrounding farmlands, ranches, and mountain scenery give it a quiet, traditional character. Ephraim sits about 130 miles south of Salt Lake City and roughly 80 miles south of Provo, making it a natural stopover for travelers heading between the Wasatch Front and southern Utah's national parks.
Just minutes from the center of town, Palisade State Park wraps a small reservoir and an 18-hole golf course in a canyon setting framed by volcanic rock formations. The park is popular for paddleboarding, kayaking, fishing, and casual picnicking, and it is one of the few places in the valley where visitors can combine water recreation with an easy walking trail. Because it is essentially in Ephraim's backyard, the park draws a steady stream of regional visitors, particularly in the warmer months, and is a reliable anchor for short-term rental demand.
The town is also a convenient gateway to the Manti-La Sal National Forest, which spreads across the mountains to the east and south. From Ephraim, travelers can reach campgrounds, alpine lakes, and trailheads on the Wasatch Plateau in well under an hour, with opportunities for hiking, horseback riding, fishing, and wildlife viewing through the summer and fall. In winter, the same forest roads serve as starting points for snowmobiling and cross-country skiing, extending the appeal of the area into the colder months.
A short drive south on US-89 leads to the neighboring town of Manti, home to the historic Manti Utah Temple, one of the oldest operating temples of The Church of Jesus Christ of Latter-day Saints, completed in 1888. The temple's hilltop setting, combined with Manti's preserved pioneer-era streets and the nearby Sanpete Valley Pioneer Heritage Gardens, makes the broader Manti-Ephraim corridor a draw for heritage tourists and genealogy-minded visitors.
Together, these nearby offerings, paired with the town's central location between Salt Lake City, Provo, and southern Utah's national parks, make Ephraim a compelling base for a short-term rental, particularly for travelers who want small-town atmosphere, outdoor recreation, and easy day-trip access all in one stay.