Investment Properties for Sale in Fillmore, Utah
Fillmore sits roughly halfway between Salt Lake City and St. George on I-15, which is the single most important fact for investors looking at this market. It's the Millard County seat, home to about 2,600 residents, and serves as the service hub for a much larger rural population working in agriculture, the Intermountain Power Plant near Delta, and trucking along the interstate. Investment properties here aren't competing with Park City short-term rental yields, but they also aren't priced like Park City — entry points for a rentable single-family home typically run from the low $200s to the mid $400s, and small acreage parcels with a house and outbuildings are still attainable for investors who want a hybrid rental-and-land play.
The rental pool draws from state and county employees, Millard High School staff, traveling nurses at Fillmore Community Medical Center, and seasonal workers tied to hunting, alfalfa, and turkey operations in the valley. Short-term rentals see steady traffic from I-15 travelers and visitors heading to Fishlake or Capitol Reef, though they don't carry the volume of Washington County. Winters are cold and dry, summers hit the 90s, and the housing stock skews older with a mix of pioneer-era homes near Main Street and newer builds on the east bench against the Pahvant Range. Browse the active listings below to see what's currently on the market, and reach out if you want rent comps or cap-rate math on a specific address.
April 2026 · Fillmore market
Live from the Utah MLS — what's actually happening in Fillmore right now.
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Common questions
About investment properties in Fillmore.
What kind of rental demand does Fillmore actually have? ▾
Fillmore's rental pool is small but steady. Demand comes from Millard County employees, teachers at Millard High and the SUU satellite programs, IPP power plant workers in nearby Delta, and travelers needing mid-term housing along the I-15 corridor. Long-term single-family rentals tend to lease faster than multi-unit properties because there isn't much new construction adding supply.
Are short-term rentals (Airbnb/VRBO) viable in Fillmore? ▾
They can work, but the numbers are modest compared to St. George or Moab. The main demand drivers are I-15 travelers stopping between Salt Lake and Las Vegas, hunters during deer and elk seasons, and visitors to Territorial Statehouse State Park and Fishlake National Forest. Check with Fillmore City directly on permitting before buying with STR income in mind.
What price range should I expect for an investment-grade property? ▾
Most rentable single-family homes in Fillmore trade in the $250K–$400K range, with older homes on larger lots sometimes coming in lower. Small multi-family is rare on the MLS, so investors often buy SFRs or homes with basement apartment potential. Cap rates here tend to beat the Wasatch Front simply because purchase prices are lower.
What are typical rents in Fillmore? ▾
Three-bedroom single-family rentals generally run roughly $1,300–$1,800 a month depending on condition, garage, and acreage. Basement apartments and smaller units typically land in the $700–$1,100 range. Rents have climbed alongside the rest of rural Utah but remain well below Utah County and Washington County comps.
Is buy-and-hold or land banking the better play here? ▾
Both have merit. Buy-and-hold cash-flows better than along the Wasatch Front because of the entry price, while raw land and acreage parcels around Fillmore have appreciated as I-15 frontage and agricultural ground get scarcer. Investors with a longer horizon sometimes pair a rental house with an adjacent lot or pasture.
How does property management work in a town this size? ▾
There are no large property management firms based in Fillmore itself. Most out-of-area owners either self-manage with a local handyman on call or hire a manager out of Richfield, Nephi, or Provo who covers the I-15 corridor. Factor 8%–10% of gross rent into your pro forma if you plan to delegate.