Denver, CO

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

5968 / 13599

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$36,068

Middle-Earners Revenue

Occupancy

75%

Middle-Earners Occupancy

Home Value

$539,712

Median Home Sale Price

Top Earners

$79,068

Top-Earners Revenue

Denver

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Denver.

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C

Challenging to Investors

Denver Regulations

Denver allows STRs only for the owner’s primary residence, limiting operators to one property and ruling out multi‑unit investor strategies. Licensing requires several steps, a modest fee ($150), identity proofs, insurance, and review times up to 90 days. Enforcement is active, with fines, license revocation, and platforms barred from processing unlicensed listings—significantly raising investor risk and compliance burden.

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About Denver

Denver is the capital city of Colorado and serves as the seat of Denver County, a consolidated city-county that anchors the state's most populous metropolitan area. With a city population of roughly 700,000 and a metro region approaching three million residents, Denver carries the nickname the "Mile High City" because its elevation sits at approximately 5,280 feet above sea level, one full mile. The city has a youthful, active character shaped by a large transplant population, a thriving craft beverage scene, professional sports franchises, and easy access to the Rocky Mountains. It functions as the primary gateway for travelers heading into the high country of Colorado, and is positioned about 70 miles north of Colorado Springs and roughly 600 miles east of Salt Lake City, making it the dominant urban hub of the central Rockies.

One of the most iconic nearby destinations is Red Rocks Park and Amphitheatre, a naturally formed sandstone amphitheater set among dramatic red rock formations about 15 miles west of downtown Denver. The venue hosts concerts under the stars and is surrounded by hiking trails that draw visitors even on non-show days, giving short-term rental guests a memorable half-day outing close to the city.

A longer but very popular excursion is Rocky Mountain National Park, located roughly 70 miles northwest of Denver near Estes Park. The park features Trail Ridge Road, alpine tundra, elk herds, and glacially carved valleys, making it one of the most visited national parks in the country. Many travelers staying in Denver use the city as a base for day trips or overnight loops into the park.

Downtown, Union Station anchors the revitalized Union Station neighborhood, a historic 1880s railway terminal that now houses restaurants, bars, and shops, and serves as the central transit hub connecting light rail and commuter rail lines. A short walk away, the Denver Art Museum holds one of the largest Native American art collections in the country, alongside traveling exhibitions that draw visitors year-round. Nearby, the 16th Street Mall, a pedestrian-friendly mile of shops and cafes, links many of the central downtown attractions together.

Further east of the city center, the Denver Botanic Gardens offers 24 acres of curated plant collections, themed gardens, and a tropical conservatory just minutes from Capitol Hill. The gardens pair naturally with a visit to the Colorado State Capitol building, where the famous "Mile High" step is marked on the west side of the building for visitors who want to stand precisely one mile above sea level.

Denver appeals to short-term rental investors because it blends urban amenities with extraordinary outdoor access. Guests can spend mornings exploring museums and breweries downtown and afternoons hiking, skiing, or sightseeing in the mountains, all within a day of the city. This combination of walkable districts, year-round events, and proximity to Rocky Mountain National Park and other natural attractions supports steady demand across both summer and winter seasons.

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