bds
|
ba
|
sqft
ac lot
|
car garage
|
|
Investment Properties for Sale in Cedar City, Utah
Cedar City runs on three economic engines that make it a solid rental market: Southern Utah University, which keeps a steady pool of student and faculty renters near downtown and the campus corridor; the Utah Shakespeare Festival and tourism traffic that supports short-term rental demand from spring through fall; and a growing base of healthcare and manufacturing jobs tied to Intermountain Cedar City Hospital and the industrial park off I-15. That mix means investors here aren't betting on a single sector — a duplex near SUU can lease to students in August and switch to festival-season nightly rentals in June, and single-family homes in neighborhoods like Fiddlers Canyon or Providence Estates hold steady long-term tenant demand from families relocating for hospital and school district jobs.
Price points remain friendlier than St. George or the Wasatch Front, with duplexes and small multifamily properties often trading in the $300,000s to $500,000s and single-family rentals available well under Salt Lake or Park City comparables, which keeps cap rates competitive for out-of-state buyers. Cedar City's short-term rental rules are more restrictive than St. George's, so anyone eyeing nightly rentals needs to confirm zoning before writing an offer — long-term and mid-term leasing to students, traveling nurses, and festival staff is usually the more dependable path here. Browse the active listings below to see what's currently on the market.
July 2026 · Cedar City market
Live from the Utah MLS — what's actually happening in Cedar City right now.
Median sale
$385,000
59 closed in July 2026
Median DOM
54 days
listing → contract
Sale-to-list
99.1%
of final list price
Unsold inventory
398
active + pending
91 matching · page 3 of 4
Active listings
Prefer the map?
See all 91 investment properties on a map
Pan around Cedar City and refine by drawing your own boundary.
Common questions
About investment properties in Cedar City.
What kinds of investment properties does Cedar City actually have? ▾
The mix runs from older bungalows near SUU that get rented by the room, to duplexes and fourplexes around 200 North and Main, to newer single-family rentals in subdivisions like Fiddlers Canyon and Cross Hollows. There's also a small but active short-term rental segment tied to the Shakespeare Festival, Brian Head skiers, and Bryce/Zion road-trippers.
How does the SUU student population affect rental demand? ▾
Southern Utah University enrolls roughly 14,000 students, and on-campus housing covers only a fraction of them. That keeps year-round demand strong for 3-5 bedroom homes within walking or biking distance of campus, and landlords typically lease by the room from August through May with a summer dip.
Are short-term rentals (Airbnb/VRBO) allowed in Cedar City? ▾
Cedar City regulates short-term rentals by zone, and they aren't permitted in most standard residential areas. Nightly rentals are generally limited to specific overlay zones and properly licensed units, so verify the zoning and any HOA rules before banking on STR income. Iron County and Brian Head have separate rules worth checking if you're looking just outside city limits.
What cap rates and rents are realistic here? ▾
Long-term rents for a 3-bed single-family typically run $1,500-$2,000, with by-the-room student rentals pushing gross income higher. Cap rates on small multifamily have generally landed in the 5-6.5% range depending on condition and financing, though that shifts with interest rates and purchase price.
Is Cedar City growing enough to support appreciation? ▾
Iron County has been one of Utah's faster-growing counties, with steady population gains tied to SUU, the regional hospital, and manufacturing/logistics employers off I-15. New subdivisions on the west and south sides keep adding inventory, which moderates price spikes but supports rental demand.
What should out-of-state investors know before buying here? ▾
Winters bring real snow and freeze cycles at 5,800 feet, so deferred maintenance on roofs, furnaces, and exterior plumbing matters more than it would in St. George. Property management is available locally but the pool of managers is smaller than along the Wasatch Front, so line up your team before closing.