American Fork, UT

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the American Fork short-term rental market based on reliable data.

Listings

122 / 250

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$28,709

Middle-Earners Revenue

Occupancy

75%

Middle-Earners Occupancy

Home Value

$530,682

Median Home Sale Price

Top Earners

$56,678

Top-Earners Revenue

American Fork

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in American Fork.

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B

Generally Investor friendly

American Fork Regulations

Draper clearly permits short‑term rentals in single‑family, condos, and townhomes (including renting a room), and imposes no city STR license for single‑unit STRs, keeping entry easy. Constraints include the ban on using internal ADUs as STRs, detached ADUs limited to 30+‑day rentals, and business licensing for portfolios of 4+ homes or any multi‑family STR, which introduces moderate friction but remains manageable.

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About American Fork

American Fork is a city of roughly 33,000 residents tucked into the north end of Utah Valley in Utah County, Utah, where the Wasatch Front begins to give way to the steep canyon country of the Wasatch Range. It has a quiet, family-oriented suburban character, ringed by residential neighborhoods and framed by mountains to the east and a broad valley floor to the west. The city is best known as a gateway to American Fork Canyon and the Alpine Loop Scenic Byway, and it sits within easy driving distance of the Provo-Orem metro area, roughly 30 miles south of Salt Lake City.

Just a few minutes east of town, American Fork Canyon is a year-round recreational playground carved into the Wasatch Mountains, drawing hikers, mountain bikers, campers, and winter sports enthusiasts. The scenic byway climbs through the canyon and over the alpine terrain toward Sundance and Provo Canyon, with pull-offs, trailheads, and picnic areas scattered along the route. A short drive up the canyon leads to some of the most popular trailheads in northern Utah, including those serving the Mount Timpanogos wilderness.

A marquee attraction accessed via this corridor is Timpanogos Cave National Monument, a striking cave system perched high on the south side of Mount Timpanogos. Guided tours lead visitors through three connecting caverns known for their colorful helictite formations and historic cave tours have been a regional tradition for decades. The monument's visitor center and trailhead are roughly a 20 to 30 minute drive from central American Fork, depending on canyon traffic.

To the west, Utah Lake forms the broad western edge of the valley and offers a contrasting low-elevation experience with boating, fishing, sailing, and shoreline parks. The lake and its adjacent wetland reserves are a favorite stop for birders and for families looking for a relaxed afternoon on the water, and several public access points lie within a short drive of American Fork's western neighborhoods.

American Fork's central location makes it a compelling base for short-term rentals. Travelers who stay here can reach Salt Lake City and Salt Lake International Airport in roughly 45 minutes, the ski resorts and trailheads of the Wasatch within a similar window, the universities and dining scene of Provo in about 15 minutes, and the natural escapes of American Fork Canyon, Timpanogos Cave, and Utah Lake in well under a half hour. The combination of easy access, year-round outdoor recreation, and a comfortable small-city atmosphere gives the area a steady flow of visitors passing through on their way to the mountains, the lake, or the wider Wasatch Front.

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