Pleasant Grove, UT

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

53 / 107

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$22,563

Middle-Earners Revenue

Occupancy

66%

Middle-Earners Occupancy

Home Value

$560,632

Median Home Sale Price

Top Earners

$36,352

Top-Earners Revenue

Pleasant Grove

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Pleasant Grove.

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B

Generally Investor friendly

Pleasant Grove Regulations

Pleasant Grove permits short‑term rentals citywide but requires licensing ($50–$75), safety inspections, and zoning verification; major home occupations may need Planning Commission approval and fees. Operational rules are clear (occupancy limits, local contact, taxes), there are no caps, and the city’s tone is business‑friendly with low regulatory constraints.

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About Pleasant Grove

Pleasant Grove sits in the north-central part of Utah County in north-central Utah, nestled at the western base of the Wasatch Range and along the eastern shore of Utah Lake. The city has a population of roughly 40,000 to 45,000 residents and carries the long-standing nickname "Utah's City of Trees," a nod to the lush, irrigated canopy that distinguishes it from many of the surrounding high-desert communities. It is a quiet, family-oriented suburb with a small historic downtown, mature neighborhoods, and panoramic views of Mount Timpanogos to the east and Utah Lake to the west. Pleasant Grove lies about 35 miles south of Salt Lake City via Interstate 15 and functions as a convenient gateway to both the Provo–Orem metropolitan area and the alpine canyons of the Wasatch.

Just up American Fork Canyon, about a 20- to 25-minute drive east of town, Timpanogos Cave National Monument offers one of the region's most distinctive outings. The monument protects a system of limestone caves high on the slopes of Mount Timpanogos, reached by a steep, switchbacking trail from the canyon floor. Rangers lead guided tours through the caverns during the summer months, and the surrounding canyon is popular for picnicking, hiking, and cool mountain air.

A short drive north of Pleasant Grove, in neighboring Lehi, Thanksgiving Point is a sprawling destination that combines gardens, a working farm, a natural history museum, and a children's discovery garden, all set within landscaped grounds. It draws families year-round and is roughly a 10- to 15-minute drive from central Pleasant Grove, making it an easy day outing for visitors who want variety without a long excursion.

To the south and east, Provo Canyon opens up within about 20 minutes of the city, leading toward Bridal Veil Falls, the alpine resort community of Sundance, and a string of trailheads and campgrounds. And just to the west, the broad waters of Utah Lake provide a different kind of recreation, with boating, fishing, and shoreline parks within minutes of most parts of town.

Pleasant Grove's appeal for short-term rental owners comes from the way it blends a calm, residential setting with easy access to the region's biggest draws. Guests can be at Timpanogos Cave in under half an hour, at Thanksgiving Point in minutes, on the slopes at Sundance in under an hour, or in downtown Salt Lake City in roughly 45 minutes. With Mount Timpanogos as a backdrop, Utah Lake at its doorstep, and the cultural and outdoor amenities of Utah County close at hand, the city offers a comfortable, well-located base for travelers exploring the Wasatch Front.

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