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Vacation Rental Properties for Sale in Monroe, Utah
Monroe sits in Sevier County at the foot of the Tushar Mountains, about three hours south of Salt Lake City and roughly 30 minutes from Richfield. The town has quietly become a vacation rental market thanks to Mystic Hot Springs, which pulls travelers in year-round, plus easy access to Fremont Indian State Park, Big Rock Candy Mountain, Fishlake National Forest, and the Paiute ATV Trail system. Buyers looking at rental properties here are usually weighing a smaller, lower-cost entry point against high-traffic markets like Moab or Springdale — and the math often works, since acquisition prices in Monroe still run well below the statewide median while nightly rates hold up during summer, hunting season, and the hot springs concert calendar.
Short-term rental rules in Monroe are friendlier than in most Wasatch Front cities, but they aren't a free-for-all. The city requires business licensing, and zoning matters — older in-town lots and rural acreage parcels handle the rental use differently. Climate is high-desert: hot dry summers in the 90s, cold winters with light snow at town elevation (around 5,400 feet) and heavier snow up in the Tushars where guests go to snowmobile. Properties with hot tubs, ATV parking, and mountain views tend to book the strongest. Browse the active Monroe listings below to see what's currently on the market, and reach out if you want help running rental projections on a specific address before writing an offer.
June 2026 · Monroe market
Live from the Utah MLS — what's actually happening in Monroe right now.
Median sale
$340,486
2 closed in June 2026
Median DOM
135 days
listing → contract
Sale-to-list
101.3%
of final list price
Unsold inventory
25
active + pending
3 matching · page 1 of 1
Active listings
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Common questions
About vacation rental properties in Monroe.
Does Monroe allow short-term vacation rentals? ▾
Monroe City is more permissive than many Utah municipalities, but rules still apply. Short-term rentals generally need a business license through the city, and properties in certain residential zones may have additional requirements. Always verify current zoning and licensing with Monroe City before closing — rules have tightened across rural Utah in the past few years.
What draws vacation renters to Monroe? ▾
Mystic Hot Springs is the biggest single draw, pulling visitors year-round for the soaking tubs and concerts. Beyond that, guests come for Fremont Indian State Park, Big Rock Candy Mountain, Fishlake National Forest access, and ATV/snowmobile trails in the Tushar Mountains. It's a quieter alternative to Moab or Zion for travelers who want red rock and alpine country without the crowds.
What kinds of properties work best as rentals here? ▾
Smaller homes and cabins in the $250K–$450K range tend to pencil out well, since nightly rates in Monroe are modest compared to Park City or St. George. Properties with hot tubs, mountain views, or proximity to Mystic Hot Springs command the strongest booking calendars. Larger group-friendly homes that sleep 8+ also do well during hunting and OHV seasons.
How is the occupancy pattern through the year? ▾
Summer and early fall are the strongest stretches thanks to the state parks, fishing at Fish Lake, and ATV traffic. Hunting season in October and November brings reliable bookings, and Mystic Hot Springs keeps winter occupancy higher than you'd expect for a small town. Spring shoulder season is the softest period.
How far is Monroe from the Salt Lake City airport? ▾
Roughly 170 miles south on I-15, about a 2.5 to 3-hour drive. That distance is one reason guests usually book multi-night stays rather than weekends, which helps cash flow and cuts down on turnover costs.
Are there HOA or subdivision restrictions to watch for? ▾
Most of Monroe is older platted lots without HOAs, which is part of the appeal for rental investors. A few newer subdivisions in the area do carry CC&Rs that restrict nightly rentals, so read recorded documents carefully during due diligence before assuming a property can be rented short-term.