Colorado Springs, CO

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

2368 / 4509

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$35,525

Middle-Earners Revenue

Occupancy

70%

Middle-Earners Occupancy

Home Value

$446,132

Median Home Sale Price

Top Earners

$76,604

Top-Earners Revenue

Colorado Springs

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Colorado Springs.

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B

Generally Investor friendly

Colorado Springs Regulations

Colorado Springs explicitly allows STRs with a clear, moderate permitting framework and no overall cap, but imposes a meaningful 500‑foot separation rule for non‑owner‑occupied units and bans them in single‑family districts, plus a $125 fee, $500k insurance, and annual renewals.

View Colorado Springs Regulations →

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About Colorado Springs

Overview of Colorado Springs, CO

Colorado Springs is a city situated at the foot of one of the nation’s most famous landmarks, Pikes Peak – America's Mountain, whose summit inspired Katharine Lee Bates to pen the words to "America the Beautiful." Located approximately 70 miles south of Denver, the capital city of Colorado, it serves as a significant hub in the Pikes Peak region. According to the U.S. Census Bureau's 2020 data, Colorado Springs has a population of about 478,961 people, making it the second-most populous city in Colorado.

Landmarks and Attractions

Colorado Springs offers numerous attractions that make it an appealing destination for short-term rentals. Here are some key landmarks:

  • Garden of the Gods: A registered National Natural Landmark, this stunning public park features towering sandstone rock formations. More information can be found here.

  • Pikes Peak: One of the highest summits in the Rocky Mountains, accessible via the Pikes Peak Highway or the Manitou and Pike's Peak Railway. Details are available here.

  • The Broadmoor: A historic luxury resort that has entertained guests since 1918, renowned for its immaculate grounds, fine dining, and various recreational activities. More information here.

  • United States Air Force Academy: Known for its Cadet Chapel and scenic campus, the academy is a premier institution for training future Air Force officers. Learn more here.

  • Cheyenne Mountain Zoo: America’s only mountain zoo that provides an opportunity to interact with animals in a picturesque setting. Visit here.

  • Red Rock Canyon Open Space: Offers hiking, rock climbing, and scenic views similar to those of Garden of the Gods but with fewer crowds. More info here.

Economic and Strategic Appeal

Colorado Springs is not just known for its natural beauty and tourist attractions; it also hosts several military installations, including Fort Carson and Peterson Air Force Base, which provide stable economic contributions to the area. Additionally, the city's technology and defense sectors have been growing, driven by companies like Lockheed Martin and Northrop Grumman.

Conclusion

Given its robust mix of natural beauty, historical landmarks, and economic vitality, Colorado Springs appeals to a wide range of visitors and is an ideal market for short-term rentals. The proximity to Denver, diverse attractions, and scenic vistas make it a compelling destination for travelers seeking a mix of adventure and relaxation.

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