Garden City, UT

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Garden City short-term rental market based on reliable data.

Listings

548 / 958

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$30,248

Middle-Earners Revenue

Occupancy

42%

Middle-Earners Occupancy

Home Value

$651,020

Median Home Sale Price

Top Earners

$72,646

Top-Earners Revenue

Garden City

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Garden City.

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C

Challenging to Investors

Garden City Regulations

Garden City explicitly allows STRs with licensing, but the one-license-per-dwelling cap, narrow Jan–Apr application window, mandatory building/fire inspections, HOA pre-approval, and high license fees ($960–$1,200) plus layered taxes (11–15%) create a significant compliance burden and limit portfolio scalability, making investor onboarding challenging.

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About Garden City

Garden City is a small town tucked along the western shore of Bear Lake in Rich County, Utah, with a year-round population of roughly 600 residents. Often celebrated as the primary gateway to Bear Lake's famously turquoise waters, the town has a laid-back, resort-town character that comes alive in summer and slips into a quieter rhythm the rest of the year. It sits about 130 miles north of Salt Lake City, a drive of roughly two and a half hours, and serves as a popular escape for families and outdoor enthusiasts from the Wasatch Front and southern Idaho alike.

Just steps from the town center, Bear Lake State Park stretches along the shoreline with sandy beaches, picnic areas, and a marina where visitors can swim, launch boats, or rent watercraft. The lake's striking blue-green color, caused by suspended calcium carbonate, has earned it the nickname "Caribbean of the Rockies," and the park's two units near Garden City make it easy to enjoy the water without ever leaving town. (Bear Lake State Park)

About twenty minutes north across the state line into Idaho, Minnetonka Cave offers a cool retreat in the limestone cliffs above the lake's northern end. Guided cave tours wind through well-lit chambers past stalactites, stalagmites, and underground pools, and the site serves as a starting point for short hikes in the surrounding national forest. The cave typically operates from late spring through early fall, making it a natural pairing with a summer trip to the lake.

When the snow falls, Beaver Mountain draws skiers and snowboarders to the Bear River Range roughly an hour west of Garden City, in Logan Canyon. The family-owned resort is known for its short lift lines, reliable snowpack, and unpretentious atmosphere, offering a relaxed alternative to the busier Wasatch resorts to the south.

Garden City makes a compelling base for short-term rentals because it offers year-round appeal without the crowds or pricing of Utah's larger resort towns. Summer brings lake-goers, boaters, and multigenerational families who fill cabins and condos along the shore, while fall colors, the raspberry harvest, and winter ski trips help sustain occupancy into the colder months. Its proximity to Salt Lake City, paired with a setting that feels genuinely removed from urban life, gives property owners a steady audience of weekend travelers and extended-stay vacationers drawn to one of the most unusual lakes in the Intermountain West.

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