Canaan, VT

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

16 / 45

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$18,702

Middle-Earners Revenue

Occupancy

42%

Middle-Earners Occupancy

Home Value

$214,964

Median Home Sale Price

Top Earners

$42,216

Top-Earners Revenue

Canaan

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Canaan.

Loading top listings...

C

Challenging to Investors

Canaan Regulations

Short-term rentals are not a permitted-by-right use in Canaan’s zoning and generally require interpretation, conditional use, and site-plan approvals across districts; the process entails multi-step local and state permits (zoning, ZBA, lodging license, fire/life-safety), detailed plans and ongoing compliance, and potential occupancy limits tied to wastewater capacity—making compliance moderately burdensome and reducing investor friendliness.

View Canaan Regulations →

Local STR Agent

STR specialist · Canaan, VT

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

About Canaan

Canaan is a small, sparsely populated town in the far northeastern corner of Vermont, situated in Essex County within the state's renowned Northeast Kingdom region. With approximately 1,000 residents, the town has a quiet, rural character defined by dense northern hardwood and conifer forests, winding streams, and a sense of deep wilderness. Often referred to as a gateway to the North because of its proximity to the Canadian border, Canaan serves as a natural jumping-off point for travelers exploring the uppermost reaches of New England and adjacent Quebec. The nearest major city is Burlington, Vermont, located roughly 100 miles to the southwest and reached by a drive of about two to two and a half hours through the scenic, forested byways of the Northeast Kingdom.

Just south of Canaan, the Nulhegan National Wildlife Refuge sprawls across more than 26,000 acres of boreal forest, wetlands, and slow-moving rivers in Essex County. Managed by the U.S. Fish and Wildlife Service, the refuge provides habitat for moose, black bear, loons, and other northern wildlife, with opportunities for wildlife viewing, hiking, and seasonal hunting. It lies only a short drive from the center of Canaan, making it a natural day-trip for visitors interested in the region's wilder side.

The landscape around Canaan is threaded with extensive trail networks maintained for snowmobiling, cross-country skiing, and ATV riding, particularly in winter when snow draws enthusiasts from across the region. The area's numerous ponds and streams, including those in the nearby Averill and Norton areas, are popular destinations for fishing, paddling, and quiet lake days during the warmer months. These outdoor recreation opportunities make Canaan a basecamp for travelers who value solitude, scenic byways, and the slow rhythms of the forest.

Because of its position near the international border, Canaan is a convenient stop for travelers crossing into Canada or returning from the historic Eastern Townships of Quebec, while also serving as a southern approach to the vast northern forests that stretch toward the St. Lawrence. The town's low-light, dark-sky setting and proximity to the natural rhythms of the Northeast Kingdom give the area an appeal that resonates with visitors seeking an alternative to busier Vermont destinations further south.

With its blend of remote wilderness, cross-border location, and access to expansive public lands, Canaan offers short-term rental owners a niche but meaningful opportunity to host travelers who prioritize outdoor recreation, scenic quiet, and authentic Northeast Kingdom character. Whether guests are snowmobilers in winter, wildlife watchers in spring and summer, or leaf-peepers in autumn, the town provides a memorable and genuinely off-the-beaten-path Vermont experience.

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