Payson, UT

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

69 / 127

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$20,914

Middle-Earners Revenue

Occupancy

66%

Middle-Earners Occupancy

Home Value

$473,175

Median Home Sale Price

Top Earners

$40,466

Top-Earners Revenue

Payson

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Payson.

Loading top listings...

B

Generally Investor friendly

Payson Regulations

STRs are allowed in Payson with straightforward local registration and a moderate $250 annual license fee; state protections limit overly restrictive bans, and only basic safety/operational standards and a disruptive‑properties ordinance apply. The absence of hard caps and fees is favorable, but the recent registration requirement and enforcement mechanisms keep the environment merely friendly rather than very friendly.

View Payson Regulations →

Local STR Agent

STR specialist · Payson, UT

Trusted Expert
Get Expert Help In Payson
Free consultation Response within 24h

About Payson

Payson is a small city in Utah County in central Utah, with a population of roughly 20,000 residents. It sits in the southern portion of Utah Valley, approximately 15 miles south of Provo and about 60 miles south of Salt Lake City. The town has a settled, small-town character, framed by the Wasatch Range to the east and the rolling high-desert foothills to the south, and it serves as a convenient southern gateway to the Uinta-Wasatch-Cache National Forest. Payson is perhaps best known for its long-running Scottish Festival, one of the largest Highland gatherings in the American West, and for its proximity to Mount Nebo, the tallest peak in the Wasatch Front.

Mount Nebo and the Nebo Loop Scenic Byway rise directly east of Payson and are accessible within roughly 20 to 30 minutes by car. The byway winds through alpine meadows, aspen groves, and rocky overlooks within the Uinta-Wasatch-Cache National Forest, climbing toward the 11,928-foot summit of Mount Nebo. It is a popular drive in summer and fall, with trailheads leading into the Mount Nebo Wilderness for day hikes and backcountry trips.

The Peteetneet Museum and Cultural Center occupies a beautifully preserved 1901 stone schoolhouse on the south side of town and serves as the city's main heritage site. The museum houses local history exhibits, pioneer artifacts, and rotating displays on the area's early settlers, paying tribute to the Scottish immigrant James W. Peteetneet, after whom the building is named. It is open to visitors on a limited weekly schedule and offers a quiet, easy stop for travelers passing through the area.

To the north, Utah Lake stretches across the center of Utah Valley and lies within about 15 minutes of Payson. The lake is the largest natural freshwater lake west of the Mississippi and offers boating, fishing, and bird-watching, particularly around the wetlands at Goshen Warm Springs and Powell Slough. Its marinas and shoreline parks draw visitors year-round, especially during the warmer months when families come out for sailing, paddleboarding, and lakeside picnics.

Payson works well as a short-term-rental base because it offers a quieter, more affordable alternative to Provo and the busier Utah Valley destinations, while still placing guests within an easy drive of the Nebo Loop, Utah Lake, and the recreational corridor leading toward central and southern Utah's national parks. The town combines a relaxed small-town pace with access to some of the most scenic terrain in the central part of the state, making it appealing to travelers looking for outdoor adventure, regional culture, and a comfortable place to settle in between excursions.

startup landing logo

Copyright © 2026 HomeRun Analytics, Inc

Explore

HomeCountry ExplorerProperty Analyzer

Resources

Market ComparatorRegulationsBlog

Trusted by STR investors in 50+ U.S. states

Built by investors, for investors

STRProfitMap® is a registered trademark of HomeRun Analytics, Inc