Market report

Park City, UT short-term rental market report (2026)

Summit County, Utah. Rules, revenue, home values, demand, climate, reach and risk, each figure with its source.

74/100 Opportunity Score#3of 88 tracked markets by annual revenue
  • RulesStrict (4/5)
  • Average revenue$105K a year
  • 4-BR typical value$2.3M
  • Gross yield4.7%
  • FEMA riskRelatively Low
  • Demand drivers within 50 mi7
Data as of September 21, 2026 County figures: Summit County

Everything STR HUB holds on Park City, UT in one place, in the order an investor needs it: whether you can operate, what the numbers are, why and when people come, who can reach it, and what could go wrong.

Every figure comes from a named dataset listed under Sources and method, dated September 21, 2026. Where we do not hold a figure, that part of the report is left out rather than estimated.

Can you operate in Park City?

4/5 Strict

Park City's short-term rental rules rate 4 out of 5 (Strict), on a scale from 1 (relaxed) to 5 (very strict). This rating was derived from the regulation text we hold and has not yet been reviewed by a person (evidence confidence: high). Treat it as provisional.

What the rating rests on: Single-family residential zones generally prohibit nightly rentals unless grandfathered.

Rules change, and a city rating does not cover HOA or deed restrictions. Confirm current requirements with the jurisdiction before you buy or list.

Which way the rules are moving

Stable. The rules we hold report no recent or pending change.

Classified from the regulation text we publish; a direction is only kept when the sentence it rests on appears word for word in that text.

The numbers

Revenue

Average annual revenue
$105,000
Utah tracked-market median: $78K
Average nightly rate
$425
Utah median: $320
Occupancy
68%
Utah median: 66%
National revenue rank
#3
of 88 tracked markets with revenue data

Gross market averages from STR HUB market analytics, the same figures shown on the market page. They are before cleaning, management, utilities, taxes and financing, and an individual property can earn more or less.

Home values in Summit County

Typical 4-bedroom home
$2,253,276
Utah statewide: $576K
Typical home, all sizes
$1,342,551
Utah statewide: $535K
One-year change, all homes
+5.0%
Utah statewide: +1.5%

Zillow Home Value Index: county-wide typical values for Summit County, not list prices. A specific property can sit well above or below them.

Gross yield

4.7%
$105,000 ÷ $2,253,276 = 4.7%Average annual revenue divided by the county's typical 4-bedroom home value. The median across tracked Utah markets with revenue data is 6.4%.

Gross yield is before every operating cost and before financing. It is a screening ratio, not a cash-on-cash return.

What it costs to own

Effective property tax rate
0.34%
county median taxes paid divided by median home value, owner-occupied homes
Estimated annual tax, typical 4BR
$7,661
county effective rate times the typical 4-bedroom value; not a bill
Estimated annual tax, typical home
$4,565
county effective rate times the typical home value; not a bill
Expected annual hazard loss
$177
per $100,000 of building value (FEMA, county average); not an insurance premium

Screening figures, not a bill or a quote. The tax rate is a county-wide median for owner-occupied homes (U.S. Census Bureau, ACS 2018-2022); second homes and rentals are often taxed more heavily, and a purchase usually resets the assessed value. Expected annual loss is from the FEMA National Risk Index.

Housing market momentum

Momentum
Cooling
score 43 of 100, relative to the other tracked markets

County-level, for-sale housing market: it says nothing directly about STR bookings. A relative ranking among tracked markets, not a forecast. Sources: Realtor.com Economic Research, U.S. Census Bureau, Zillow Home Value Index.

Why people come

7 demand drivers sit within 50 miles of Park City, 2 of them new, planned or one-off (flagged emerging). Ordered by published attendance. Attendance appears only where a source publishes it.

Events

  • Sundance Film Festival emerging: moving, target January 2027
    festival · Park City, UT · 0 mi from Park City
    When
    Late January, roughly 10 days
    Attendance
    423,234 (423,234 combined in-person and online viewership (2023, per Wikipedia).)
    STR angle
    For decades this drove Park City's single biggest non-ski-season-peak lodging event; from January 2027 that demand pattern shifts to Boulder CO, a major change for both markets' STR investors.

Attractions

  • Temple Square
    urban district · Salt Lake City, UT · 22 mi from Park City
    When
    Year-round; peaks at General Conference (April, October) and for Christmas lights.
    Attendance
    5,000,000 (Wikipedia (Temple Square): "an estimate of 5-plus million visitors a year"; the article notes the Church does not publish exact statistics.)
    STR angle
    Utah's most-visited site, with twice-yearly conferences that fill the city. Salt Lake City restricts stays under 30 days in residential zones, so legal nightly supply is limited and suburbs vary.
  • Delta Center renovation & sports/entertainment district emerging: under construction, target October 2027
    stadium district · Salt Lake City, UT · 23 mi from Park City
    When
    Year-round
    STR angle
    Downtown SLC is building a year-round sports/entertainment anchor around NBA (Jazz) and NHL (Utah Hockey Club) games, which should extend event-driven overnight demand in a market where STR activity has concentrated more around the ski resorts than downtown.

Parks and public lands

  • Park City Mountain Resort
    ski resort · Park City, UT · 1 mi from Park City
    When
    Ski season, late Nov-April; holiday weeks and Presidents' Day are peak.
    STR angle
    The largest single ski resort in the US, 32 miles from Salt Lake City, supports a very deep short-term rental inventory.

Outdoor activities

  • Deer Valley Resort
    skiing · Park City, UT · 2 mi from Park City
    When
    Winter ski season, roughly late November to mid-April; summer brings hiking and lift-served biking.
    STR angle
    Luxury-positioned resort with high-spending guests who expect top-end finishes and service. Ski-in/ski-out condos are the premium product; Heber Valley offers lower entry prices within reach of the newer terrain.
  • Snowbird & Alta (Little Cottonwood Canyon)
    skiing · Alta, UT · 9 mi from Park City
    When
    Long winter season; among the snowiest lift-served terrain in the country.
    STR angle
    A deep-snow pilgrimage for serious skiers. Canyon lodging is scarce, so most guests stay at the canyon mouth in Sandy and Cottonwood Heights; homes with garages and quick access to the canyon road or ski bus rent well.

Landmarks

  • Temple Square
    historic district · Salt Lake City, UT · 22 mi from Park City
    When
    Year-round; April and October General Conference weekends and the December lights are peaks.
    Attendance
    5,000,000 (Wikipedia: "Attracting an estimate of 5-plus million visitors a year" (undated estimate; free, ungated site). A major renovation began in December 2019, with both visitors' centres demolished; Wikipedia notes a media preview of the new visitors' centre on April 13, 2026.)
    STR angle
    Faith-based travel is steady and family-sized: conference weekends, weddings and family-history research bring large households who prefer houses to hotel rooms. The reopening after renovation should lift visits for a period; Salt Lake City limits short-term rentals in most residential zones, so check zoning first.

When they come

Ski-plus-summer climate: at least three months bring six inches or more of snowfall, and May to September is comfortable. 4 of 12 months have an average high between 60°F and 88°F, and 8 months average six inches or more of snow. Warmest month: July (average high 80°F). Coldest: February (average low 15°F).

  1. Jan30°17°ColdSnowEvent
  2. Feb30°15°ColdSnow
  3. Mar36°21°ColdSnow
  4. Apr44°27°ColdSnow
  5. May55°36°CoolSnow
  6. Jun69°48°Comfortable
  7. Jul80°58°Comfortable
  8. Aug77°56°Comfortable
  9. Sep69°48°Comfortable
  10. Oct53°33°CoolSnow
  11. Nov41°24°ColdSnow
  12. Dec32°17°ColdSnow
Monthly climate normals and event months for Park City, UT
MonthJanFebMarAprMayJunJulAugSepOctNovDec
Average high (°F)303036445569807769534132
Average low (°F)171521273648585648332417
Precipitation (in)3.43.03.52.32.62.82.52.83.12.12.63.6
Snowfall (in)24.121.224.614.17.81.30.00.00.87.415.424.9
Sunshine (hours a day)6.87.98.710.612.413.613.712.511.69.57.86.5
Event monthYesNoNoNoNoNoNoNoNoNoNoNo

Event months within 50 miles

  • January: Sundance Film Festival

This is climate and events, not booking data. Monthly normals are 2019-2023 averages from the Open-Meteo Historical Weather API (ERA5 reanalysis) at the market pin. Event months come from the demand drivers listed above. We do not hold monthly occupancy or rate data for this market.

Who can reach it

People within 150 miles
3.2 million
roughly a 2.5 to 3 hour drive
People within 300 miles
4.8 million
roughly a 5 hour drive

Largest counties within 150 miles

Largest counties by population within 150 miles of Park City, UT
CountyPopulation
Salt Lake County, UT1,180,643
Utah County, UT666,021
Davis County, UT363,032

County populations (U.S. Census Bureau, ACS 2018-2022) summed for every county whose centre lies within each straight-line radius. Straight lines are shorter than roads, so read these as generous upper bounds, not drive-time counts.

What could go wrong

FEMA National Risk Index
Relatively Low
overall rating for Summit County
Risk score
60.1
of 100, a national percentile: higher means more risk than more U.S. counties
Highest-scoring hazards
Wildfire, Winter weather
of the hazards we track for Summit County
FEMA National Risk Index hazard ratings for Summit County
HazardFEMA ratingScore (0-100)
WildfireRelatively Moderate96.5
Winter weatherRelatively High87.0
EarthquakeVery Low55.5
River floodingRelatively Low49.6
TornadoVery Low13.6
HailVery Low9.8

This is a county-level index, not an insurance quote or a flood-zone determination. A coastal or wildfire-fringe rental can carry far more exposure than its county average suggests. FEMA does not model hurricane and coastal flooding for this county, which is not the same as zero risk. Get property-level flood, wind and wildfire quotes before you buy.

Market context

Housing and jobs in Summit County

Vacation-home share
38.2%
Utah statewide: 4.2%
Homes with 4+ bedrooms
38.8%
Utah statewide: 43.4%
Jobs in tourism industries
14.9%
Utah statewide: 8.2%

U.S. Census Bureau, American Community Survey 2018-2022. Vacation-home share is housing units held for seasonal, recreational or occasional use. All three describe the whole county, not one town or neighbourhood.

What is within 15 km of the Park City pin

Amenity score
80
of 100, relative to the other tracked markets
Restaurants, cafes and bars
189
Attractions
55
Outdoor features
1,845
Hotels, motels and resorts
64
competing lodging, not counted in the amenity score

Counts of features mapped in OpenStreetMap within 15 km of the market pin. A fixed radius favours dense metros, and map coverage varies by area.

Similar markets

The 4 tracked markets whose numbers sit closest to Park City's. Each links to its own report.

Closest by normalised distance across the figures both markets hold (typical 4BR value, revenue, occupancy, regulation rating, vacation-home share, tourism job share, 4+ bedroom share, amenity score, population within 300 miles, comfortable months and FEMA risk score). At most 2 of the 4 come from Utah, so the list is not just the neighbours. Similar numbers do not mean similar rules: check each market's regulation section.

See Park City on the map

Open Park City on the National STR Map to see it against its neighbours, switch overlays and run the deal calculator on your own assumptions.

Park City STR questions, answered from the data

Is Airbnb legal in Park City?

STR HUB rates Park City's short-term rental rules 4/5 (Strict) on a scale from 1 (relaxed) to 5 (very strict). That rating was derived from the regulation text we hold and has not yet been reviewed by a person. Rules change, so confirm current requirements with the local jurisdiction before you buy or list.

How much does an Airbnb make in Park City?

The average short-term rental in Park City, UT grosses $105,000 a year, on a $425 average nightly rate and 68% occupancy. That ranks #3 of the 88 tracked markets with revenue data. It is a gross market average before cleaning, management, taxes and financing, and an individual property can earn more or less.

How much does a 4-bedroom home cost in Park City?

The typical 4-bedroom home in Summit County is valued at $2,253,276 (Zillow Home Value Index), and the typical home of any size at $1,342,551, with all-home values up 5.0% over the past year. These are county-wide typical values, not list prices.

What is the gross rental yield in Park City?

4.7%: average annual short-term rental revenue of $105,000 divided by the county's typical 4-bedroom home value of $2,253,276. It is before every operating cost and before financing, so treat it as a screening ratio, not a cash-on-cash return.

What brings visitors to Park City?

7 demand drivers sit within 50 miles of Park City, including Temple Square (5,000,000 published attendance), Temple Square (5,000,000 published attendance) and Sundance Film Festival (423,234 published attendance). Attendance is shown only where a source publishes it, and each driver's source is linked in the report.

Sources and method

  • Regulation summary and strictness rating: STR Agent HUB regulation research.
  • Revenue, nightly rate and occupancy: STR Agent HUB market analytics.
  • Home values: Zillow Home Value Index (ZHVI), county level. Data provided by Zillow Group.
  • Housing, employment and population figures: U.S. Census Bureau, American Community Survey (ACS) 5-year estimates, 2018-2022.
  • Natural hazard risk: FEMA National Risk Index, county level.
  • Amenity counts: © OpenStreetMap contributors.
  • Climate normals: Open-Meteo Historical Weather API (CC BY 4.0), 2019-2023 averages.
  • Demand drivers: each entry links its own published source in the list above.

Figures come from the STR HUB national dataset dated September 21, 2026 and this page is regenerated whenever that dataset is rebuilt. County-level figures describe Summit County as a whole, not one street or neighbourhood. The Opportunity Score (0-100) is a screening heuristic that weighs revenue (35%), regulatory climate (25%), tourism employment (15%), nearby amenities (15%) and large-home supply (10%) relative to the other tracked markets.

Confirm before you act. Short-term rental rules change. Confirm current requirements with the jurisdiction, and work with a licensed local agent who knows which properties can legally operate. This report is screening data, not investment, legal or tax advice.

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