Want to see how Aspen compares to other top cities in Colorado? Explore all city regulations in Colorado. →
Aspen, CO
Challenging To Investors
Local STR Agent
Local STR Agent

Note: This guide consolidates publicly available information for Aspen (City of Aspen) and Pitkin County (unincorporated areas). Always consult the city or county as the authoritative source for current requirements and fees.
Yes—short-term rentals (STRs) are allowed in Aspen and Pitkin County, but only with the proper permits/licenses and under specific regulatory frameworks.
City of Aspen (within city limits)
Pitkin County (unincorporated areas)
Aspen hosts earn a median $92,309/year with $679 ADR and 61% occupancy.
Top performers pull in $138,934+ per year.
See the full Aspen market breakdownCity of Aspen STR FAQ (permits, QOR, zone caps, public notice, permits vs long-term rentals, advertising, display, maps, transferability):
City of Aspen Short-Term Rentals page:
City of Aspen Lodging and Short-Term Rental Taxes:
Apply for an STR Permit (Permit Selection Flowchart):
STR Waitlists:
City of Aspen STR and Eligibility Maps:
Aspen Zoning and STR Eligibility:
Municipal Code Chapter 26.530 (Short-Term Rentals):
Municipal Code Section 26.104.110 (Lodge Uses):
City of Aspen STR Program Guidelines:
City of Aspen Good Neighbor Guide:
Pitkin County STR page (licensing, fees, eligibility, application portal, code links):
Pitkin County STR License Portal (SagesGov):
Pitkin County Ordinance BOCC.Ord.028.2022:
Pitkin County STR Code Amendments:
Pitkin County STR FAQ:
Pitkin County Title 6 (Health and Safety):
Pitkin County Land Use Code:
Rent Responsibly (Aspen overview; tax remittance to state vs city):
City of Aspen Business Licenses (Finance Department):
Notes:
Next step
Paste any address and get estimated revenue, cash-on-cash return, and comparable STR performance in under 5 minutes. 3 free analyses per day.
Free brief
Revenue data, top neighborhoods, seasonal trends, and the key regulations for Aspen, Colorado in one email.




Aspen is a celebrated mountain town in the U.S. state of Colorado, serving as the county seat of Pitkin County. Its permanent population hovers around 7,000 to 8,000 residents, though the town draws visitors in numbers many times that figure across the year. Set in the heart of the Rocky Mountains at an elevation above 7,900 feet, Aspen carries a dual identity: a former silver-mining boomtown that matured into one of North America's most recognizable luxury resort destinations, and a year-round playground for skiing, hiking, and high-altitude culture. It is best known for its four ski areas and its position as a gateway to the rugged wilderness of the surrounding White River National Forest. The nearest major city is Denver, roughly 200 miles to the southeast by road, a drive of about three and a half to four hours through the mountains and across the Continental Divide.
Just west of town, the Maroon Bells are among the most photographed mountain peaks in the United States. Part of the Maroon Bells–Snowmass Wilderness within the White River National Forest, the twin fourteeners frame a glacial lake and draw hikers, photographers, and leaf-peepers in summer and early fall. The trailhead is about ten miles from downtown Aspen, roughly a twenty-minute drive, though access during peak season typically requires a shuttle.
Within the town itself, the Silver Queen Gondola ascends Aspen Mountain from the heart of downtown to the summit, where the lift is famous for providing sweeping views of the surrounding peaks. In winter the mountain is one of four ski areas in the Aspen-Snowmass system, and in summer and shoulder seasons the gondola remains open for sightseers.
A short stroll from the gondola base, the Wheeler Opera House anchors a downtown that mixes historic mining-era architecture with contemporary galleries and restaurants. The opera house has hosted performances for more than a century and remains an active venue for music, film, and stage events. The pedestrian-friendly core, with its brick storefronts and mountain backdrop, gives Aspen a compact, walkable character that contrasts with the vast wilderness a short drive away.
The combination of an internationally recognized brand, a deep bench of activities in every season, and a built-in visitor base that already arrives expecting premium accommodations makes Aspen a compelling base for short-term rentals. Owners benefit from a market where travelers plan months in advance for both winter ski weeks and summer mountain getaways, and where the town's limited housing supply keeps demand for high-quality rental properties consistently strong.
Enter an address to get instant revenue potential and comps.