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Monument, CO
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Yes, short-term rentals are allowed in Monument, Colorado. However, the regulatory landscape is relatively light compared to many other jurisdictions. Neither the Town of Monument nor El Paso County (where Monument is located) has enacted comprehensive short-term rental ordinances with strict permitting requirements or occupancy limits.
The town operates under a business-friendly approach where short-term rentals are treated as standard business activities requiring basic business licensing, while El Paso County explicitly states they have no codified short-term rental ordinance and no specific regulations for the principal structure used as a short-term rental.
Monument hosts earn a median $40,263/year with $271 ADR and 58% occupancy.
Top performers pull in $62,846+ per year.
See the full Monument market breakdownStarting a short-term rental business in Monument follows a straightforward process:
Business License - Required for all STR operators
Building Permits - If structural modifications are planned
Address: 645 Beacon Lite Road, Monument, CO 80132
Phone: 719-481-2954
Fax: 719-884-8046
Police Phone: 719-481-3253
Email: planning@tomgov.org
Hours: 8:00 AM to 5:00 PM, Monday to Friday
Website: www.townofmonument.org/433/Permits
Business License Contact: Town Clerk through main phone number
Planner of the Day: dsd-pod@elpasoco.com
Phone: 719-520-6944
Website: planningdevelopment.elpasoco.com/short-term-rentals/
Code Enforcement: For reporting violations
Website: epcdevplanreview.com/Applications/Create_Complaint/
Sheriff's Office (Noise/Parking Concerns):
Phone: 719-390-5555
Airbnb:
VRBO:
This guide provides a comprehensive overview of short-term rental regulations in Monument, Colorado. The regulatory environment is relatively permissive, with the primary requirements being business licensing at the town level and compliance with basic good neighbor standards. Always verify current requirements with local authorities before commencing operations.
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Monument is a small town in El Paso County, Colorado, set at the northern edge of the Front Range where the high plains meet the Rampart Range of the Rocky Mountains. With a population of roughly 8,000, the town has a quiet, small-town character rooted in its late-1800s railroad and ranching heritage, and today functions largely as a residential community with easy access to both Denver and Colorado Springs. It serves as a popular gateway to outdoor recreation in the Rampart Range and the Tri-Lakes region, sitting roughly 50 miles south of Denver and about 20 miles north of downtown Colorado Springs.
Monument Rock is the town's most recognizable natural landmark, a balancing granite outcrop that has become a visual symbol of the community. The formation sits within a few miles of the historic downtown area and is visible from several vantage points around town, drawing photographers and casual visitors who stop to admire it while passing through the area.
Just south of Monument lies Palmer Lake, a small reservoir and surrounding town that offers fishing, a paved walking loop around the water, and a quieter alternative to busier Front Range destinations. The lake is roughly a ten-minute drive from central Monument and is paired with a small downtown of locally owned shops and restaurants that give the area a relaxed, weekend-getaway feel.
To the south and west, the Rampart Range and the surrounding Pike National Forest offer extensive hiking, mountain biking, and horseback riding trails that begin almost at the edge of town. Trailheads in the Mount Herman area and along the network of forest roads can be reached in roughly 15 to 20 minutes, providing a convenient escape into pine and aspen forests without the longer drives required from larger Front Range cities.
The broader Pikes Peak region adds to the appeal, with the United States Air Force Academy campus about 20 minutes south and Garden of the Gods in Colorado Springs reachable in roughly 30 to 40 minutes. The Pikes Peak highway and summit complex are also within about an hour's drive, giving visitors a full day of iconic Colorado scenery without venturing far from the immediate region.
Monument is a compelling base for short-term rentals thanks to its small-town atmosphere, immediate access to Rampart Range trailheads, and central position between Denver and Colorado Springs. Visitors who want mountain scenery, outdoor recreation, and quick trips to the broader Pikes Peak region often find that Monument offers a quieter, more residential alternative to staying in Colorado Springs itself, while still keeping the Front Range's marquee attractions well within reach.
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