Manitou Springs, CO

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

131 / 230

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$37,535

Middle-Earners Revenue

Occupancy

64%

Middle-Earners Occupancy

Home Value

$538,184

Median Home Sale Price

Top Earners

$84,003

Top-Earners Revenue

Manitou Springs

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Manitou Springs.

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C

Challenging to Investors

Manitou Springs Regulations

Allowed but heavily constrained by a 2% citywide cap, 500‑foot separation rule, mandatory owner‑occupancy (≥185 days/year), annual Planning Commission approvals, non‑transferable permits, and strict listing/records requirements—combined with capped capacity and enforcement, these sharply limit viable units and raise investor risk.

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About Manitou Springs

Manitou Springs is a home rule municipality located at the foot of Pikes Peak in western El Paso County, Colorado, United States. The town was founded for its natural mineral springs. The downtown area continues to be of interest to travelers, particularly in the summer, with many shops and restaurants, as well as a creekside city park. The main road through the center of town was one of the direct paths to the base of Pikes Peak. Barr Trail, which winds its way up Pikes Peak, is accessible from town. The subdivision Crystal Hills was added to the municipality in the 1960s. The city population was 4,858 at the 2020 United States Census. Students are served by Manitou Springs School District 14 and Manitou Springs High School.

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