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Leadville, CO
Challenging To Investors
Local STR Agent
Local STR Agent

Short-term rentals are explicitly allowed in Leadville, Colorado, both within city limits and throughout Lake County. However, the regulatory framework operates at two distinct levels: the City of Leadville has its own licensing system for properties within city boundaries, while Lake County governs properties in the unincorporated areas. Both jurisdictions have implemented caps on certain types of STR licenses to balance tourism benefits with housing availability for residents.
Leadville's STR market operates under a dual-tier system where primary residence STRs (owner-occupied) are generally unrestricted, while non-primary residence STRs are subject to caps and specific zoning limitations. Investors should note that availability is currently limited, with both city and county showing capacity constraints for new non-primary residence licenses.
Leadville hosts earn a median $37,419/year with $248 ADR and 57% occupancy.
Top performers pull in $51,887+ per year.
See the full Leadville market breakdownDetermine Property Jurisdiction: First, verify whether your property falls within City of Leadville boundaries or unincorporated Lake County, as each has distinct requirements and caps.
License Type Selection:
Market Availability Assessment: As of September 2025, Lake County reports 8 Standard Licenses available county-wide, with zero availability in the Community Housing Overlay. City of Leadville maintains a cap of 165 Class 2 licenses, with existing 2023 license holders having renewal priority.
Application Timing: County applications are processed first-come, first-served, with incomplete applications rejected. A waitlist system operates when Standard Licenses are unavailable.
All Applications Must Include:
Proof of Ownership:
Sales Tax Documentation:
Fire Safety Compliance:
Additional Documentation:
Primary License Additional Requirements:
Standard License Renewal Requirement:
Properties within city limits follow the City's separate STR program. Contact City of Leadville staff directly for city-specific requirements, as the provided content indicates the City maintains its own licensing process distinct from county procedures.
License Categories:
Geographic Restrictions:
Current Availability Status (Updated 9/10/2025):
Regulatory Framework:
License Cap:
Policy Rationale:
Renewal Priority System:
Primary Contacts:
Physical Address:
Online Resources:
Contact Information: Properties within city limits should contact City of Leadville staff directly for city-specific STR requirements and licensing.
Lake County Short-Term Rental Regulations (Approved 2/28/2024)
Lake County Onsite Wastewater Treatment System Regulations
Community Planning & Development Interactive Map
Important Note for Investors: This guide reflects regulations as of the provided content date. Both jurisdictions continue to evaluate and potentially modify their STR policies. Investors should verify current requirements and availability directly with authorities before proceeding with property acquisition or license applications. The current tight licensing situation, particularly for Standard/Class 2 licenses, suggests market entry may require patience or consideration of primary residence STR opportunities which have more flexible licensing.
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Leadville is a small historic city in Lake County, Colorado, perched at roughly 10,150 feet in the heart of the Sawatch Range and recognized as the highest incorporated municipality in North America. With a population of about 2,600, the town has the feel of a high-country outpost that has retained much of its 19th-century character, with a Victorian-era main street, weathered mining-era buildings, and wide skies that make the surrounding peaks feel close enough to touch. Leadville is best known for its silver and gold mining heritage and serves as a year-round gateway to some of the highest terrain in the contiguous United States, including nearby fourteeners, alpine lakes, and ski slopes. It sits roughly 100 miles west-southwest of Denver, an easy drive of about an hour and forty-five minutes over Interstate 70 and US Highway 24.
For many visitors, the anchor of any Leadville trip is the National Mining Hall of Fame & Museum, located right in town. The museum chronicles the story of mining across the American West, with exhibits on geology, mineralogy, and the people who shaped the industry, and is a natural stop for anyone curious about why this remote mountain town exists at all. It is essentially within walking distance of most of Leadville's downtown lodging.
Just southwest of town, Mount Elbert rises to 14,440 feet, making it the tallest peak in the Rocky Mountains. Trailheads for the standard routes are reached in roughly twenty to thirty minutes by car, and on a clear summer morning hikers can be on the summit before noon, looking down on a sea of neighboring fourteeners. The mountain is a major seasonal draw and a strong motivator for visitors booking extended stays in the area.
About five miles west of downtown, Turquoise Lake is a popular year-round recreation area set among the aspens and lodgepole pines. In summer it offers fishing, paddling, camping, and a scenic byway that circles its shoreline, while in winter the surrounding forest draws cross-country skiers and snowmobilers. Its proximity to town makes it an easy day trip for guests who want a quieter alternative to the busier reservoirs closer to Denver.
A short drive in the same direction brings visitors to Ski Cooper, a laid-back, family-oriented ski area that sits at about 10,500 feet. With wide-open beginner and intermediate terrain and a respected Nordic center, it offers a contrast to the larger, more crowded resorts farther down the valley and tends to appeal to travelers who prefer uncrowded slopes and small-mountain character.
Leadville's combination of genuine Old West atmosphere, genuine high-altitude scenery, and easy access to some of Colorado's most iconic outdoor terrain makes it a natural fit for travelers who want to pair a quiet, walkable base camp with big-mountain adventures, and that mix of intimacy and altitude is exactly what makes the town a compelling market for short-term rentals.
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