Creede, CO

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

61 / 168

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$32,819

Middle-Earners Revenue

Occupancy

47%

Middle-Earners Occupancy

Home Value

$444,575

Median Home Sale Price

Top Earners

$58,308

Top-Earners Revenue

Creede

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Creede.

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B

Generally Investor friendly

Creede Regulations

STRs are permitted under the state Vacation Rental Act with no published city-specific license or caps, implying broad citywide allowance; the main compliance steps are annual state registration, sales/lodging tax setup, safety equipment, and a 24/7 local contact, which are moderate but manageable.

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About Creede

Creede is a tiny historic mining town nestled in Mineral County in southwestern Colorado, with a year-round population of roughly 350 to 400 residents. Tucked into a narrow canyon along the Rio Grande River and surrounded by the San Juan Mountains, it carries the unmistakable character of a nineteenth-century silver boomtown that has gradually reinvented itself as a cultural and outdoor recreation hub. The town is best known today for the acclaimed Creede Repertory Theatre and as a base for exploring the surrounding national forests and high-country wilderness. It sits approximately 230 miles southwest of Denver and roughly 60 miles west of Alamosa, the nearest town of any size, giving it a remote and unhurried feel that draws visitors looking to slow down.

The Creede Repertory Theatre is the town's most celebrated institution, drawing audiences from across the region each summer with a season of plays, musicals, and family productions. Housed in a complex that has grown alongside the town, it serves as the artistic anchor of Creede's compact downtown and is a major reason the population swells each season. It is located right in the heart of Creede, within an easy walk of nearly all the town's lodging and dining.

The surrounding Rio Grande National Forest blankets the mountains and valleys around Creede, offering hiking, fishing, four-wheel-drive roads, and high-alpine scenery. Visitors can reach trailheads within minutes of town, and the forest stretches for many miles in every direction, including well-known spots along the Rio Grande and its tributaries. With the national forest's edge beginning essentially at the town limits, Creede functions as a natural base camp for outdoor activities in every season.

North Clear Creek Falls, a short drive south of town along Colorado Highway 149, is a striking roadside waterfall that drops into a granite gorge and serves as a favorite quick stop for travelers passing through the canyon. It lies within just a few miles of Creede and is one of the most photographed landmarks in the immediate area.

For longer day trips, both Black Canyon of the Gunnison National Park and Great Sand Dunes National Park and Preserve can be reached in roughly two and a half to three hours of driving, adding two very different national-park experiences to a Creede-based itinerary.

Creede offers short-term rental owners a distinctive niche: a small, walkable historic town with a strong summer theater draw, immediate access to the Rio Grande National Forest, and reasonable proximity to two national parks. Its high elevation, dramatic canyon setting, and well-known cultural season make it a memorable base for travelers seeking something off the main Colorado tourism track.

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