Cortez, CO
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Cortez short-term rental market based on reliable data.
Listings
180 / 432
Reliable / Active
Cap Rate
8%
Middle-Earners Gross Yield
Revenue
$26,097
Middle-Earners Revenue
Occupancy
60%
Middle-Earners Occupancy
Home Value
$332,981
Median Home Sale Price
Top Earners
$49,381
Top-Earners Revenue
Cortez
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Cortez.
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Challenging to Investors
Cortez Regulations
STRs are legal in Mancos but face strict constraints: a hard cap of 15 annual licenses citywide, a $750 non‑renewable business license fee, mandatory inspections, proof of insurance, and local ownership or on‑site residency requirements depending on zone. These elements raise cost and complexity and limit viable stock, making the environment challenging for investors.
Local STR Agent
STR specialist · Cortez, CO
About Cortez
Cortez ( ) is a home rule municipality that is the county seat and the most populous municipality of Montezuma County, Colorado, United States. The city population was 8,766 at the 2020 United States Census.