Park City, UT
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Park City short-term rental market based on reliable data.
Listings
1322 / 7120
Reliable / Active
Cap Rate
3%
Middle-Earners Gross Yield
Revenue
$51,305
Middle-Earners Revenue
Occupancy
47%
Middle-Earners Occupancy
Home Value
$1,509,057
Median Home Sale Price
Top Earners
$132,102
Top-Earners Revenue
Park City
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Park City.
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Challenging to Investors
Park City Regulations
STRs are permitted countywide in qualifying zones with a clear nightly‑rental license, reasonable fees and software transition, and only a 3% local transient room tax; however, compliance burdens (24/7 managing agent, property‑management proof, parking/no‑signage/noise rules) plus proposed annual day limits, overlay/tiered licensing, wildfire/ADA/occupancy caps and an ADU ban create strong constraints. Park City’s more restrictive zoning further tightens available areas, and an increasingly assertive enforcement posture (complaints officer, Azora tracking, online listing evidence) pushes investor risk up, making Summit challenging rather than friendly.
Local STR Agent
STR specialist · Park City, UT
About Park City
Park City, Utah, is a picturesque mountain town renowned for its outdoor recreational opportunities and vibrant cultural scene. With a population of approximately 8,500 residents, Park City is situated about 32 miles east of Salt Lake City, the closest major city.
A key appeal for short-term rentals in Park City is its proximity to world-class skiing and snowboarding. The city is home to two major ski resorts: Park City Mountain and Deer Valley Resort. Park City Mountain is one of the largest ski areas in the United States, boasting over 7,300 acres of terrain (official site: Park City Mountain), while Deer Valley Resort is renowned for its luxurious amenities and immaculate grooming (official site: Deer Valley).
Park City's historic Main Street is another significant draw, featuring an array of shops, restaurants, and galleries housed in preserved 19th-century buildings. The area also hosts the annual Sundance Film Festival, which brings a significant influx of tourists and celebrities to the city each January (official site: Sundance Film Festival).
In addition to winter sports, the city is an attractive destination year-round with numerous hiking, mountain biking, and golf opportunities. The Utah Olympic Park, constructed for the 2002 Winter Olympics, offers visitors a chance to experience bobsledding, zip-lining, and guided tours of the historic facility (official site: Utah Olympic Park).
Given its robust tourism industry, Park City has a thriving market for short-term rentals, making it an appealing option for property investors and vacationers alike.