Rent Your Vacation Home or Condo in Park City, Utah

Starting a short-term rental on Airbnb or VRBO can be an excellent way to visit Park City with your family or friends, and it can also be a very profitable venture. However, there are many things you need to keep in mind when planning to start a short-term rental in Park City. One of the most important things to remember is that you need to follow all the local rules and regulations when renting out your home. This means paying the appropriate taxes, registering with the MLS, and making sure that your home is up to code. It’s also important to make sure that you are aware of all of the regulations surrounding short-term rentals in Park City before you start renting out your home.

When partnering with RedAwning for your property management needs, we can make sure your Park City rental is set up correctly and ready to generate the most amount of revenue possible per stay.

Current Vacation Rental Trends in Park City

During the month of October, Park City is projected to generate over $390/night for a 2 bedroom vacation rental, on average! There were 5,036 vacation active rental properties in Park City.  4,872 are renting the entire place, and 164 are shared rooms.  On average, during the month of October 2022, each vacation rental property in Park City is booked 54% of the time, and most hosts are projected to generate $4,250 or more during the month of October! See how much you could earn with our free vacation rental income calculator.
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$390.00 Per Night*

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54% Occupied*

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$4,250.00 Per Month*

* Based on the median average of all vacation rentals in the Park City area.
Get a free estimate for your home or condo.

Featured Park City Vacation Rental Generating Record Profits With RedAwning

Stunning 6-Bedroom Chalet in Heart of Park City Starting at $3,449 to $13,500 per night!

The Six-Bedroom Home offers three levels with beautiful Deer Valley mountain views. The main level has a great room with a wood burning fireplace, outdoor deck, fully equipped kitchen, and separate dining area for 10. The master bedroom is located on the upper level and has a plush king bed, linear gas fireplace, outdoor deck, separate his and hers closets, freestanding soaking tub, and separate steam shower. The second and third bedrooms are located on the upper level as well. The second... Read More

This Park City vacation home is presented on every travel website, where travelers are looking to book accommodations (Airbnb, VRBO, Expedia, Google Travel, and hundreds more). And, with RedAwning's dynamic pricing, daily rates are adjusted based on seasonality and demand in Park City.

Successful short-term vacation rentals in Park City, Utah

With the growing trend of travelers choosing to rent a vacation home in Park City, Utah, the demand for short-term rentals has skyrocketed. There’s no denying that short-term rentals are a great way to earn extra income in Park City, Utah or any other destination. But before you consider renting out your Park City home as a short-term rental (or any other type of rental property), there are some things you should know. First of all, when it comes to short-term rentals, it’s important to understand that they can be much more expensive than traditional hotel stays. This is because short-term rentals often involve substantial upfront costs such as advertising and cleaning fees. As a result, short-term rental companies might charge much higher rates than traditional hotels. There’s also the risk that your tourist home will become a target for vandals and criminals looking for an easy way to make money. And if your Park City home is not well maintained and kept up to code, it could also pose health and safety risks for residents and guests alike. For these reasons, it’s important to carefully weigh the pros and cons before deciding whether or not to rent out your Park City home as a short-term rental Of course, there are many other factors that can affect how appealing your property will be as a short-term rental.

The ski season in Park City, Utah typically runs from November to April. During that time, people flock to the city for skiing and other winter activities. There are a variety of options for visitors to choose from when it comes to finding a place to stay. Many Park City vacation rental properties are available as short-term rentals. These make it easier for visitors to find places to stay during their visit to the area. There are many benefits that come with short-term rentals. For one thing, they can save you money. You won’t have to spend money on renting a hotel or motel room if you can rent out your home instead. Short-term rentals also offer flexibility. You can change the dates and times at any time without having to worry about damage fees or lost bookings. There are also some drawbacks when choosing to rent out your Park City home as a short-term rental. One of the biggest is that it can be more difficult to get approved for one when you are a first-time renter. Your home may also not be as nice as an apartment or hotel room, so there is an element of risk involved when it comes to hygiene and safety standards.

RedAwning takes the guess-work out of Park City property management, and we work with you to ensure your Park City short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.

See how much your Park City vacation rental could earn:

Revenue Projections for Vacation Rentals in Park City, Utah during November, 2022

Based on a 2 bedroom, which is the most common Park City vacation rental home size, we've come up with an estimated rental amount you could charge per night and how much demand there is for each day in November. Higher bars below can command higher prices, if your Park City vacation rental is available during these days.
 
$34460%1st
 
$33760%2nd
 
$34060%3rd
 
$34961%4th
 
$35760%5th
 
$34760%6th
 
$34060%7th
 
$33360%8th
 
$33660%9th
 
$33860%10th
 
$35861%11th
 
$35960%12th
 
$35259%13th
 
$34959%14th
 
$34959%15th
 
$35258%16th
 
$36458%17th
 
$39859%18th
 
$40359%19th
 
$41060%20th
 
$41260%21st
 
$41861%22nd
 
$44262%23rd
 
$45062%24th
 
$46862%25th
 
$46260%26th
 
$41859%27th
 
$40158%28th
 
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$40457%30th
 

Average Daily Price & Percent Occupied Next Month In Park City

Note: These averages are based on a 2 bedroom home in Park City. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our  free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.

Interested in learning how you can maximize your vacation rental revenue in Park City, Utah?

If you are a speculative home buyer or have another home in Utah, check out our other Utah Vacation Rental Management reports in Cedar CityKanabLoganMoabSalt Lake CitySandySt. GeorgeVernalAltonWashingtonSaint GeorgeHeber CityKamasBeaverSt GeorgeMillcreekOgdenMidvaleHurricaneSnowbird,  and Eden, Utah or view all of our vacation rental market reports

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