Steamboat Springs, CO

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

1790 / 3344

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$53,677

Middle-Earners Revenue

Occupancy

53%

Middle-Earners Occupancy

Home Value

$1,283,489

Median Home Sale Price

Top Earners

$115,130

Top-Earners Revenue

Steamboat Springs

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Steamboat Springs.

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C

Challenging to Investors

Steamboat Springs Regulations

Steamboat Springs allows STRs but uses a zoning overlay with unlimited permits in Zone A, strict subzone caps and lotteries in Zone B, and new permits prohibited in Zone C, plus a comprehensive licensing process, occupancy/parking rules, and a 9% STR tax, making compliance costly and complex overall.

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About Steamboat Springs

Steamboat Springs, CO, is a charming mountain town located in the northwest region of Colorado. With a population of approximately 13,000 residents, this small city boasts a close-knit community atmosphere combined with the luxuries of a popular tourist destination. Denver, the closest major city, is approximately 157 miles southeast of Steamboat Springs, making it about a three-hour drive.

The city's appeal for short-term rentals largely stems from its well-known attractions and recreational opportunities. A significant draw is the Steamboat Ski Resort, often referred to as "Ski Town, U.S.A.," which offers world-class skiing and snowboarding. Steamboat Ski Resort attracts thousands of visitors each year, particularly during the winter season.

In addition to winter sports, Steamboat Springs is famous for its hot springs, such as the Strawberry Park Hot Springs. These natural thermal pools Strawberry Park Hot Springs provide a relaxing respite for visitors year-round and are a notable highlight for those seeking a unique experience.

The Yampa River Core Trail is a popular spot for biking, walking, and enjoying the scenic beauty of the area. Yampa River Core Trail offers picturesque views and is central to many outdoor activities.

Other notable landmarks include Fish Creek Falls, which offers stunning waterfall views, and the Steamboat Springs Pro Rodeo Series, a nod to the city's rich Western heritage. Fish Creek Falls is a must-visit natural attraction in the region.

Steamboat Springs also boasts a vibrant downtown area with shops, restaurants, and cultural venues like the Steamboat Art Museum. Steamboat Art Museum showcases local and regional art, enhancing the town's cultural appeal.

These attractions, combined with the city's small-town charm and proximity to Denver, make Steamboat Springs an appealing destination for short-term rentals. The variety of recreational activities available in both winter and summer seasons ensures a steady flow of visitors looking to experience all that this scenic town has to offer.

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