Vacation Rental Properties for Sale in Midway, Utah
Midway sits in its own microclimate pocket of the Heber Valley, ringed by the Wasatch Range and close enough to Deer Valley East and the Jordanelle gondola base to draw skiers, yet distinct enough with its Swiss-village character, hot springs at Homestead Crater and The Blue Lagoon, and the Zermatt Resort district to pull in a steady stream of summer visitors for the Swiss Days festival, golf at Wasatch Mountain State Club, and soaking trips. That mix of winter and summer draw is exactly why short-term rental demand here holds up better than in purely ski-dependent towns. Properties near Zermatt, Snake Creek, and the Wasatch Mountain State Park entrance tend to book the strongest, since guests can walk to dining and hot springs without a car.
Wasatch County allows short-term rentals in specific zones, but Midway City itself has its own overlay rules, business license requirements, and in some subdivisions HOA restrictions that block nightly rentals outright — so confirming zoning and licensing status on a specific parcel matters more here than the general county rules would suggest. Homes with existing rental permits or established booking history on Airbnb and VRBO typically carry a premium and save a buyer months of application uncertainty. Condos and townhomes in resort-adjacent developments generally clear rental approval more easily than single-family lots in traditional residential pockets. Browse the active listings below to see what's currently on the market and licensed for nightly rental.
July 2026 · Midway market
Live from the Utah MLS — what's actually happening in Midway right now.
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Common questions
About vacation rental properties in Midway.
Are short-term rentals legal everywhere in Midway? ▾
No. Midway restricts nightly rentals to specific overlay zones and resort-zoned developments — most of the older residential neighborhoods do not allow stays under 30 days. Before making an offer, confirm the property sits in an approved STR zone and ask the city or HOA for written verification. A listing being currently rented does not always mean the use is legal.
Which Midway developments are known for allowing nightly rentals? ▾
Interlaken, the Cottages and Lodges at Soldier Hollow, areas of Burgi Hill, and several resort-zoned pockets near Wasatch Mountain State Park typically allow nightly stays. Each development has its own HOA rules on top of city zoning, so management requirements, signage, and occupancy caps vary. Always read the CC&Rs before closing.
What kind of occupancy and revenue do Midway vacation rentals see? ▾
Well-managed homes in approved zones often hit 60-75% annual occupancy, with peak rates during ski season (December through March), summer reservoir months (June through August), and Swiss Days weekend. Gross revenue ranges widely — a 3-bedroom cottage might bring in $60-90K while a larger ski home sleeping 12+ can clear $150-250K. Professional management typically takes 20-30%.
What price range should I expect for a rental-zoned home in Midway? ▾
Smaller cottages and townhomes in STR-approved zones generally start in the mid-$700s to low $900s. Single-family homes built for group rentals — five or more bedrooms with hot tubs, game rooms, and oversized garages — commonly run $1.4M to $2.5M, with luxury Soldier Hollow and Interlaken properties pushing higher.
Do I need a Midway business license to operate? ▾
Yes. Owners must hold a Midway City short-term rental license, carry the required insurance, collect and remit transient room taxes, and meet safety requirements like posted occupancy limits and working smoke and CO detectors. Licenses are tied to the property and zone, not the owner, so transfers at closing are common but not automatic — verify the license status during due diligence.
How does Midway compare to Park City for vacation rental investing? ▾
Midway typically has lower entry prices than comparable Park City properties and slightly lower property taxes, while still drawing the same ski, golf, and reservoir traffic. The tradeoff is a smaller pool of STR-eligible homes and stricter zoning enforcement. Many investors priced out of Old Town Park City or Deer Valley end up in Soldier Hollow or Interlaken for that reason.