Santa Cruz, CA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Santa Cruz short-term rental market based on reliable data.

Listings

1098 / 2128

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$59,906

Middle-Earners Revenue

Occupancy

61%

Middle-Earners Occupancy

Home Value

$1,359,242

Median Home Sale Price

Top Earners

$130,920

Top-Earners Revenue

Santa Cruz

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Santa Cruz.

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C

Challenging to Investors

Santa Cruz Regulations

City has effectively halted new non‑hosted permits, limiting typical investor plays to hosted rentals (250‑permit cap), while county unincorporated areas permit vacation rentals but with beach‑neighborhood caps, strict guest limits, mandatory inspections and RIS, parking proof, multiple documents, and 11% TOT. Compliance burden and caps make investment challenging but not impossible.

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About Santa Cruz

Santa Cruz is a laid-back coastal city in northern Monterey Bay, sitting in Santa Cruz County, California, about 70 miles south of San Francisco and roughly 30 miles southwest of San Jose. With a population of approximately 65,000, it has long been known for its redwood-shaded neighborhoods, surf culture, and a walkable downtown that leans heavily into outdoor living. The city is best known for its iconic oceanfront amusement park and as the closest sandy gateway to the towering redwood forests of the Santa Cruz Mountains. Its mix of university energy from UC Santa Cruz, a thriving surf and skate scene, and easy access to both beach and forest gives it a distinct Pacific Coast identity that draws a steady stream of year-round visitors.

Just steps from the city center, the Santa Cruz Beach Boardwalk is one of the West Coast's last remaining seaside amusement parks, with a historic wooden roller coaster, a long arcaded promenade, and direct beach access that has been operating since the early twentieth century. It is by far the city's marquee attraction and tends to anchor the calendar for families and groups booking short-term stays.

A short drive north of downtown, Henry Cowell Redwoods State Park invites visitors into stands of old-growth coast redwoods along the San Lorenzo River, with shaded hiking loops and the towering trees of the Redwood Grove trail. The park sits about 10 minutes from the city center, making it an easy half-day excursion for travelers who want to pair a beach day with a forest walk.

Further along the coast, Natural Bridges State Beach is known for its sculpted rock arch, tide-pool exploration, and the seasonal gathering of monarch butterflies in the nearby eucalyptus grove. It lies just a few minutes west of the UC Santa Cruz campus and is popular with both casual visitors and nature-focused travelers.

Just up the coast, the small city of Capitola offers a colorful seaside village atmosphere, a sheltered beach, and a row of pastel-painted restaurants and shops overlooking Soquel Creek. It is only about a 10-minute drive east of Santa Cruz, making it a natural pairing for guests who want a quieter, more boutique-feeling afternoon without straying far from their rental.

For short-term-rental owners, Santa Cruz offers a compelling combination of reliable demand drivers: a nationally recognized amusement park, a university calendar that brings consistent family-visit traffic, easy redwood and beach access within a short drive, and a recognizable brand as a California beach town. The mix of marquee attractions and outdoor recreation, set within roughly an hour of both San Francisco and San Jose, helps the market perform across both peak summer seasons and quieter shoulder months when visitors come for hiking, surf, and coastal scenery.

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