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Teton Village, WY
Challenging To Investors
Local STR Agent
Local STR Agent

Short-term rentals are allowed in Teton Village, Wyoming, but under highly restrictive conditions. Unlike many jurisdictions where short-term rentals are broadly permitted, Teton Village operates under a more complex framework that differentiates between different types of developments and rental periods.
The fundamental rule in Teton County (which encompasses Teton Village) is that any lease or rental agreement, whether written or verbal, where payment or in-kind services are provided, must be for 31 days or more. However, Teton Village is specifically identified as one of the few areas where short-term rentals (rentals for less than 31 days) are permitted, though this approval is limited to specific developments and property types within the village.
This creates a bifurcated system where most residential properties in Teton County must adhere to the 31-day minimum requirement, while certain approved resort developments—including Teton Village—can operate legitimate short-term rental businesses.
Teton Village hosts earn a median $104,501/year with $644 ADR and 68% occupancy.
Top performers pull in $155,818+ per year.
See the full Teton Village market breakdownBefore proceeding with any permitting process, investors must first confirm their property is located within an approved short-term rental development. Teton Village is specifically listed as an approved area, but this approval extends only to:
Properties must also comply with building code requirements. Any building within Teton Village that was permitted prior to September 14, 2004, as a single-family dwelling, duplex, or townhouse may still be used for transient lodging.
Teton Village falls under Teton County jurisdiction for land use regulations, but investors should be aware that properties very close to the Town of Jackson limits may be subject to different rules. Always verify which jurisdiction governs your specific property.
All STR operations in Teton Village must comply with Teton County Land Development Regulations (LDRs), specifically:
Note: The provided content does not specify exact permit requirements for Teton Village STRs. However, based on the regulatory framework described, investors should expect to need:
Compliance Verification with LDRs
Potential Planning Permits
Business Registration
Property Documentation:
Compliance Documentation:
Operational Documentation:
Minimum Rental Periods:
Approved Teton Village Developments:
Accessory Residential Units (ARUs):
Family Occupancy Requirements:
Tax Obligations:
Wildlife Protection:
Violations:
Penalties:
Primary Contact:
Online Resources:
Building Department:
Engineering Department (for grading bonds):
Wyoming Department of Revenue (Taxation):
Teton County Government:
Town of Jackson (for properties near jurisdiction boundaries):
Regulatory Documents:
News and Updates:
Investment Recommendation: While Teton Village offers unique opportunities for short-term rental investments due to its approved development status, investors must navigate a complex regulatory environment. The 31-day minimum rule for most of Teton County creates a challenging environment for traditional vacation rental models, making Teton Village one of the few viable options for short-term rental investments in the area. Thorough due diligence regarding specific property eligibility, compliance with building codes, and ongoing regulatory monitoring is essential for successful investment outcomes.
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Teton Village is a small unincorporated community and census-designated place in Teton County, Wyoming, with a year-round population of roughly 400 residents. Sitting at the foot of the Teton Range, the village is best known as the home of Jackson Hole Mountain Resort, one of the most celebrated ski destinations in North America, and as a primary gateway to Grand Teton National Park. Its character is distinctly alpine-resort, with luxury hotels, slope-side condominiums, restaurants, and shops clustered around a compact base area in the summer and winter alike. The village lies about 12 miles northwest of the town of Jackson, the county's commercial hub, and roughly 300 miles north of Salt Lake City, Utah, the nearest major metropolitan area.
Grand Teton National Park is the marquee natural attraction accessible from the village, with the park's Moose Entrance reachable in about ten minutes by car. The park encompasses the dramatic Teton Range, glacially carved valleys, and a string of glacier-fed lakes including Jenny Lake and Jackson Lake, with hiking, wildlife viewing, and scenic drives drawing visitors from spring through fall and again during the winter ski season.
Yellowstone National Park, the country's first national park, lies about an hour to the north and is reached by driving through Grand Teton. The south entrance offers access to geyser basins, the Lewis and Shoshone lakes, and abundant wildlife, making a day trip from Teton Village a popular option for travelers who want to combine mountain resort amenities with one of the world's most iconic natural landscapes.
Jackson Hole Mountain Resort defines the village itself, rising directly above the base area and offering extensive terrain for skiing and snowboarding in winter and lift-served hiking and mountain biking in summer. The resort anchors the local economy and gives the village its resort-village feel, with a mix of fine dining, casual eateries, and après-ski options within walking distance of most lodging.
The town of Jackson, about 15 minutes southeast, provides a complementary Western experience with its famous Town Square featuring elk-antler arches, local galleries, and restaurants. Visitors can easily pair a morning of skiing or hiking in Teton Village with an afternoon browsing Jackson's shops before returning to the mountain.
Teton Village's combination of direct slope-side access, immediate proximity to two of America's most visited national parks, and high-end resort infrastructure make it a compelling base for short-term rental investment. Year-round demand from skiers, summer hikers, and national park travelers, along with a limited supply of lodging and the prestige of the Jackson Hole brand, supports strong nightly rates and occupancy across all four seasons, particularly during winter ski weeks and the summer park-visiting months.
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