Aspen, CO

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

855 / 2623

Reliable / Active

Cap Rate

3%

Middle-Earners Gross Yield

Revenue

$95,369

Middle-Earners Revenue

Occupancy

62%

Middle-Earners Occupancy

Home Value

$3,362,252

Median Home Sale Price

Top Earners

$213,242

Top-Earners Revenue

Aspen

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Aspen.

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C

Challenging to Investors

Aspen Regulations

STRs are allowed in most areas with a simple online licensing portal, but they are prohibited in RR/TR‑1/TR‑2 zones, capped at 120 nights per year with a 4‑night minimum, and face tiered fees tied to assessed value. The key barrier is the 2017–2022 STR‑use history requirement, which disqualifies most new properties and raises significant investor risk and uncertainty.

View Aspen Regulations →

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STR specialist · Aspen, CO

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About Aspen

Aspen, Colorado, a premier resort destination nestled in the Rocky Mountains, is renowned for its stunning natural beauty and world-class outdoor recreational opportunities. Located approximately 160 miles southwest of Denver, the closest major city, Aspen is a small town with a population of around 7,000 residents. It is perhaps best known for its exceptional skiing and snowboarding, attracting visitors from across the globe.

The city offers a rich blend of cultural and recreational activities, making it an appealing destination for short-term rentals. Key landmarks and attractions include the Aspen Mountain Ski Resort (https://www.aspensnowmass.com/),,) which boasts remarkable ski slopes and is a cornerstone of the city’s winter sports scene. Aspen is also home to the Aspen Art Museum (https://www.aspenartmuseum.org/),,) a contemporary art institution that features innovative exhibitions and educational programs.

During the summer months, visitors can explore the scenic Maroon Bells (https://www.fs.usda.gov/recarea/whiteriver/recarea/?recid=82346),,) which are considered some of the most photographed mountains in North America. For music enthusiasts, the renowned Aspen Music Festival and School (https://www.aspenmusicfestival.com/)) offers a series of concerts and performances throughout the summer, adding to the town's cultural allure.

The lively downtown area features an array of restaurants, boutique shops, and luxury accommodations, enhancing its appeal as a destination for visitors. The Independence Pass (https://www.colorado.com/articles/road-trip-indeed-5-reasons-drive-colorados-independence-pass)) provides a breathtaking scenic drive that showcases the natural beauty of the region and connects Aspen to the neighboring towns.

Overall, Aspen's combination of outdoor recreation, cultural activities, and upscale amenities makes it an attractive locale for short-term rentals, catering to visitors seeking both adventure and relaxation.

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