Kanab, UT

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  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

412 / 568

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$31,303

Middle-Earners Revenue

Occupancy

55%

Middle-Earners Occupancy

Home Value

$423,976

Median Home Sale Price

Top Earners

$55,919

Top-Earners Revenue

Kanab

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Kanab.

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B

Generally Investor friendly

Kanab Regulations

STRs are permitted in both city and county areas but require several steps (Utah STC + TRT IDs, city business license and fire inspection, or county business license and zoning verification). Licensing and inspections are straightforward and not overly costly, though county enforcement is active with misdemeanor penalties and daily fines. Zoning limitations and operational posting requirements are manageable for investors.

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About Kanab

Kanab, Utah, often referred to as "Little Hollywood" due to its rich film history, is a small yet charming city nestled in southern Utah. With a population of approximately 4,600 people, Kanab serves as the county seat of Kane County. The city is located about 200 miles (322 kilometers) northeast of the closest major city, Las Vegas, Nevada, making it a convenient yet tranquil escape from urban hustle.

Kanab is renowned for its stunning natural beauty and proximity to many national parks and monuments. It is often considered the gateway to numerous outdoor attractions. Among these include Zion National Park, Bryce Canyon National Park, and the Grand Canyon North Rim—all of which are within a reasonable driving distance from the city.

  1. Zion National Park: Zion National Park Official Website
  2. Bryce Canyon National Park: Bryce Canyon National Park Official Website
  3. Grand Canyon North Rim: Grand Canyon National Park Official Website

In addition to these world-famous parks, Kanab hosts several unique attractions like the Wave—a mesmerizing rock formation that draws photographers and hikers from around the globe. The Wave can be found in the Coyote Buttes North area of the Paria Canyon-Vermilion Cliffs Wilderness. Another notable site is the Best Friends Animal Sanctuary, the nation’s largest no-kill companion animal sanctuary, located just outside of Kanab. Best Friends Animal Sanctuary Official Website

Kanab's role as a hub for tourists exploring these natural wonders makes it an attractive location for short-term rentals. Visitors often seek convenient lodging options that offer the comforts of home while being close to these outdoor destinations. The city’s quaint, historic downtown area, coupled with its striking red rock landscapes, makes for a picturesque and welcoming environment for tourists.

Overall, the appeal of Kanab for short-term rentals is bolstered by its strategic location, natural beauty, and the multitude of nearby attractions, making it an ideal base for exploring the splendors of southern Utah.

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