Colfax, CA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

34 / 93

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$25,389

Middle-Earners Revenue

Occupancy

53%

Middle-Earners Occupancy

Home Value

$502,186

Median Home Sale Price

Top Earners

$92,083

Top-Earners Revenue

Colfax

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Colfax.

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B

Generally Investor friendly

Colfax Regulations

STRs are explicitly allowed and permitted county‑wide, but investors must obtain a $326 permit, a TOT certificate, pass two fire inspections (interior ~$507 plus defensible space), meet wildlife/bear‑bin rules, and appoint a local contact. There is a sizable cap (3,900 permits) and standard operational restrictions, which keep compliance moderate but manageable for investors.

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About Colfax

Colfax is a small foothill town in Placer County, California, with a population of roughly 2,000 residents. Straddling Interstate 80 in the lower Sierra Nevada, the town has long served as a waystation between California's Central Valley and the high country beyond. Its character is shaped by the railroad heritage that put it on the map in the 1860s, when it was a key stop for the Central Pacific Railroad, and today it remains a stop on Amtrak's California Zephyr line. Colfax sits about 50 miles northeast of Sacramento and roughly 100 miles southwest of Reno, making it a natural base for travelers exploring the Gold Country, the Sierra Nevada, and the Lake Tahoe basin.

Just a few minutes west of town, the American River canyon opens up into Auburn State Recreation Area, a sprawling preserve of river beaches, granite cliffs, and forested trails that draws hikers, swimmers, kayakers, and gold panning enthusiasts from across the region. The confluence of the North and Middle Forks of the American River is among its most photographed features, and the park's miles of multipurpose trails make it a year-round draw for day visitors coming up from Sacramento and the Bay Area.

About an hour and a half east over the Sierra crest, Lake Tahoe beckons with famously clear alpine water, ski resorts, and shoreline state parks. Whether travelers come for winter skiing at resorts like Palisades Tahoe and Northstar, summer swimming and boating, or simply to take in the panoramic vistas from Emerald Bay, the lake is the marquee natural attraction in the region and a primary reason visitors pass through Colfax.

Closer to home, the town's compact historic district preserves a handful of late-19th-century buildings that reflect its railroad and Gold Rush-era roots, and the surrounding Placer County foothills fall within the Sierra Foothills wine region, where small tasting rooms and boutique vineyards have quietly opened in recent years. Just a few miles east on Interstate 80, the tiny community of Dutch Flat offers a glimpse of Gold Rush-era architecture, while the continuing climb toward the Sierra crest opens up access to higher-elevation hiking, mountain biking, and snow-play areas.

Colfax's appeal for short-term rental investors lies in its location at the seam between the Sacramento metropolitan area and the Sierra Nevada recreation belt. Visitors can be on the American River within minutes, on the slopes of Tahoe in well under two hours, or in downtown Sacramento in roughly an hour, yet the town itself retains a quieter, more affordable feel than the destination resorts to the east. That combination of access, scenery, and small-town character makes it a useful base for travelers who want to explore a wide swath of Northern California without paying Tahoe-adjacent prices.

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