Santa Cruz, CA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

909 / 2061

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$57,567

Middle-Earners Revenue

Occupancy

55%

Middle-Earners Occupancy

Home Value

$1,271,645

Median Home Sale Price

Top Earners

$121,003

Top-Earners Revenue

Santa Cruz

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Santa Cruz.

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C

Challenging to Investors

Santa Cruz Regulations

City has effectively halted new non‑hosted permits, limiting typical investor plays to hosted rentals (250‑permit cap), while county unincorporated areas permit vacation rentals but with beach‑neighborhood caps, strict guest limits, mandatory inspections and RIS, parking proof, multiple documents, and 11% TOT. Compliance burden and caps make investment challenging but not impossible.

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About Santa Cruz

Santa Cruz, California, is a picturesque coastal town located on the northern edge of Monterey Bay, about 75 miles south of San Francisco and 30 miles southwest of San Jose. With a population of approximately 65,000 residents, Santa Cruz is renowned for its scenic beauty, blend of beachside attractions, and vibrant cultural scene, making it an appealing destination for short-term rentals.

The city is famous for its iconic Santa Cruz Beach Boardwalk (https://beachboardwalk.com/),,) which offers amusement park rides and arcade games against the backdrop of the Pacific Ocean. Additionally, Santa Cruz boasts numerous surf spots, including the renowned Steamer Lane (https://www.santacruz.org/listings/steamer-lane/),,) which attracts surfers from around the world.

Natural beauty abounds, with landmarks such as the Henry Cowell Redwoods State Park (https://www.parks.ca.gov/?page_id=546),,) featuring ancient redwood trees and miles of hiking trails, and Natural Bridges State Beach (https://www.parks.ca.gov/?page_id=541),,) known for its unique rock formations and seasonal monarch butterfly migrations.

Cultural and educational institutions such as the University of California, Santa Cruz (https://www.ucsc.edu/),,) add to the city's appeal, offering a myriad of events, performances, and lectures that attract visitors. The downtown area provides a lively atmosphere with its eclectic mix of shops, restaurants, and galleries.

Santa Cruz's combination of natural attractions, recreational activities, and cultural amenities makes it an ideal spot for those seeking short-term rental opportunities, whether they are looking for a tranquil retreat or an adventurous getaway.

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