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Vacation Rental Properties for Sale in Provo, Utah
Provo sits at the center of Utah Valley with two major demand drivers most cities don't have: BYU and the Missionary Training Center, plus the Silicon Slopes tech corridor stretching north toward Lehi. That combination creates steady inflows of parents visiting students, conference attendees, traveling tech workers, and short-stay medical staff at Utah Valley Hospital and Intermountain Health. On paper it looks like a strong vacation-rental market — and for the right property in the right zone, it is. The catch is that Provo has tightened its short-term rental rules over the past several years, and most residential neighborhoods do not permit nightly stays. Buyers shopping with rental income in mind need to vet zoning, HOA rules, and licensing before assuming an Airbnb model will work.
Properties that do qualify for legal short-term or mid-term rental use tend to cluster near downtown Provo, around the BYU campus edges, and in select condo developments that were built with nightly rental rights baked in. Mid-term furnished rentals (30 days and up) are generally allowed citywide and have become the workhorse strategy here, especially for owners catering to MTC missionary families, visiting professors, and contract workers. Climate is a factor too — Provo gets all four seasons, with ski access at Sundance 30 minutes up Provo Canyon driving winter demand, and Utah Lake and Mount Timpanogos hiking driving summer bookings. Browse the active listings below to see which properties currently on the market fit a rental-investment plan.
May 2026 · Provo market
Live from the Utah MLS — what's actually happening in Provo right now.
Median sale
$445,000
61 closed in May 2026
Median DOM
20 days
listing → contract
Sale-to-list
98.5%
of final list price
Unsold inventory
247
active + pending
6 matching · page 1 of 1
Active listings
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Common questions
About vacation rental properties in Provo.
Does Provo allow short-term vacation rentals? ▾
Provo restricts short-term rentals (under 30 days) in most residentially zoned areas, and the city actively enforces against unpermitted Airbnb-style operations. Legal nightly rentals generally require commercial or mixed-use zoning, and the list of properties that qualify is small. Always verify current zoning with Provo's Community Development department before writing an offer with rental income in mind.
Where in Provo can I actually run a nightly rental legally? ▾
Your best odds are properties zoned for hospitality or commercial use near downtown, along University Parkway, or in mixed-use corridors close to BYU. A handful of condo projects were built specifically with nightly rental rights — those are rare and trade at a premium. Outside those pockets, you're typically looking at 30+ day stays.
Are mid-term rentals a better play in Provo than nightly? ▾
For most Provo properties, yes. Furnished 30-day-plus rentals to traveling nurses at Utah Valley Hospital, visiting BYU faculty, MTC missionaries' families, and tech contractors at Silicon Slopes companies are fully legal in standard residential zones and produce strong year-round occupancy. Many investors who came in chasing Airbnb numbers pivot to this model after closing.
What's the typical price range for rental-friendly properties here? ▾
Condos and townhomes near BYU and downtown that work for furnished mid-term stays generally run from the mid $300Ks to the high $500Ks. The rare legally permitted nightly rental condos can push past $600K because of the income they support. Single-family homes used for executive corporate rentals near the foothills tend to start around $700K.
How does BYU's calendar affect rental demand? ▾
Heavily. Demand spikes around graduation in April, summer Education Week in August, fall move-in, and football Saturdays, then softens between semesters. Investors who plan for that rhythm — and price flexibly during slow weeks — do better than those expecting flat year-round occupancy.
Do HOAs in Provo restrict rentals even when zoning allows them? ▾
Often, yes. Many condo and townhome HOAs near BYU cap the percentage of rentals or impose minimum lease terms of six or twelve months, which kills nightly and mid-term plays even in otherwise rental-friendly buildings. Read the CC&Rs and current rental cap status before committing.