Manitou Springs, CO Airbnb Market Data, Statistics, and Occupancy Rates

Manitou Springs Short-Term Rental Market Overview

Manitou Springs is a compact mountain-town market west of Colorado Springs with just 66 active Airbnb listings and an average annual revenue of $37,034 per property. With an ADR of $232—well below the $529 Colorado state average—the market offers approachable nightly pricing that appeals to leisure travelers exploring Pikes Peak and the surrounding natural attractions. An ROI score of 68 out of 100 and above-average occupancy stability signal a promising, if seasonally driven, opportunity for investors who time their strategy around summer demand.

Key Market Statistics

According to Rabbu market data, the Manitou Springs short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.

Why Investors Consider Manitou Springs

Manitou Springs draws investors with its blend of tourism-driven summer demand, above-average occupancy stability, and relatively modest competition in a scenic Colorado setting.

Expert Market Assessment

"Manitou Springs presents an attractive but seasonally concentrated opportunity. Revenue swings dramatically—from a low of $1,443 in February to a high of $5,509 in July—meaning investors need to plan for roughly four strong months carrying the annual total. The market's above-average occupancy stability and positive growth trend partially offset a revenue-to-price ratio that sits at average levels given home values near $746K. For investors comfortable with mountain-tourism seasonality and willing to optimize pricing during shoulder months, the combination of limited supply and growing demand positions this market favorably."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Manitou Springs

Average revenue by month in Manitou Springs

Manitou Springs displays pronounced seasonality, with July ($5,509) generating nearly four times the revenue of the slowest month, February ($1,443). The May-through-September window accounts for the bulk of annual income, making summer pricing optimization and off-season cost management critical for maintaining healthy returns.

Active Airbnb listings by property size in Manitou Springs

One-bedroom listings dominate supply with 33 of 66 total properties, while 3- and 4-bedroom units are comparatively scarce at just 7 and 5 listings respectively. This undersupply of larger homes—combined with their significantly higher revenue potential—may represent an opportunity for investors willing to acquire multi-bedroom properties.

Average daily rate (ADR) by property size in Manitou Springs

ADR rises sharply with bedroom count, from $145 for 1-bedroom units to $364 for 4-bedroom properties—a 151% premium. The jump from 2 bedrooms ($148) to 3 bedrooms ($205) marks the steepest relative increase, suggesting that mid-size properties capture a meaningful rate premium without requiring the capital outlay of a 4-bedroom home.

Average RevPAN by property size in Manitou Springs

Four-bedroom properties lead RevPAN at $108 per available night—more than double the next tier (3-bedrooms at $57) and nearly triple 1-bedrooms at $41. This gap indicates that larger properties not only command higher nightly rates but also convert availability into revenue more efficiently than smaller units.

Average occupancy rates by property size in Manitou Springs

Occupancy rates are tightly clustered across property sizes, ranging from 28% for 3-bedrooms to 33% for 2-bedrooms. This consistency suggests that demand scales relatively evenly across unit types in Manitou Springs, so the revenue advantage of larger properties is driven primarily by ADR rather than higher fill rates.

Average monthly revenue by property size in Manitou Springs

Four-bedroom listings average $7,489 per month—roughly three times the $2,511 earned by 1-bedroom units and more than double the $3,409 pulled in by 3-bedroom properties. The revenue gap between 1- and 2-bedroom listings is minimal ($57 difference), meaning investors seeking meaningfully higher monthly income need to look at 3-bedroom or larger configurations.

Average annual revenue by property size in Manitou Springs

Annual revenue scales dramatically with size: 4-bedroom properties earn approximately $89,868 per year, while 1-bedroom and 2-bedroom listings cluster near $30,000–$31,000. For investors targeting the strongest return potential in Manitou Springs, the 4-bedroom segment stands out, though acquisition costs and the limited supply of larger homes should be weighed carefully.

Most common amenities for Airbnb listings in Manitou Springs

Parking leads amenity prevalence at 96%, followed by self check-in (85%) and a kitchen (79%)—reflecting the expectations of road-tripping leisure guests in a mountain destination. Outdoor-oriented features like patios (73%), backyards (58%), and BBQ grills (46%) are also common, while hot tubs (30%) remain a potential differentiator for listings looking to stand out.

Understanding Manitou Springs's ROI Score: 68/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Manitou Springs earns an ROI score of 68 out of 100, placing it in the "Attractive Opportunity" band. Above-average marks for occupancy stability and market growth trend are the standout positives, while revenue-to-price ratio and supply/demand balance both rate as average—reflecting the tension between solid tourism demand and home values near $746K. Investors should pair these data-driven signals with thorough local regulatory research to confirm that projected returns align with their specific acquisition and operating costs.

Short-Term Rental Regulations in Manitou Springs

Understanding local STR regulations is essential before investing in Manitou Springs. Here's the current regulatory landscape:

Permit Requirements

Short-term rental operators in Manitou Springs, Colorado, should verify whether a local business license or STR-specific permit is required before listing a property. The City of Manitou Springs and El Paso County may have distinct registration requirements, so investors are encouraged to confirm current rules with municipal planning or licensing offices.

Key Restrictions

Common restrictions that may apply in Manitou Springs include occupancy limits tied to bedroom count, noise ordinances, parking requirements, and potential caps on the total number of STR permits issued. HOA or neighborhood covenants can layer on additional rules—particularly relevant in a small community—so reviewing any applicable CC&Rs before purchasing is essential.

Tax Obligations

Colorado levies state sales tax on short-term lodging, and Manitou Springs may impose its own lodging or occupancy tax on stays under 30 days. Major booking platforms typically collect and remit state and local taxes on behalf of hosts, but owners should confirm their specific obligations with a tax professional.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Manitou Springs can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Manitou Springs is likely to see continued revenue growth during the June–August peak, with summer months potentially pushing average monthly earnings above $5,000 for well-positioned listings. The 67% year-over-year increase in active listings suggests growing investor interest, though occupancy rates—currently around 30%—may face modest downward pressure if supply continues to expand at that pace. Investors can reasonably expect ADR to hold steady or edge up 1–3% given the market's tourism appeal, but shoulder-season softness (particularly January–February, when revenue dips below $1,600) should be factored into cash-flow projections."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Manitou Springs, CO

What is the average Airbnb occupancy rate in Manitou Springs?

The average occupancy rate for Airbnb listings in Manitou Springs is currently 30%, which falls below the Colorado state average of 45%. Occupancy varies somewhat by property size, with 2-bedroom units performing best at 33% and 3-bedroom units slightly lower at 28%. While these rates reflect the market's seasonal nature—summer months drive the bulk of bookings—occupancy stability is rated above average relative to comparable markets, meaning hosts can expect a more predictable booking pattern than the headline figure might suggest.

How much do Airbnb hosts make in Manitou Springs?

On average, Airbnb hosts in Manitou Springs earn approximately $3,086 per month and $37,034 per year based on trailing 12-month booking data. Earnings vary significantly by property size: 1-bedroom listings average around $30,135 annually, while 4-bedroom properties lead the market at roughly $89,868 per year. Peak-season months like July can bring in over $5,500, whereas winter months may dip below $1,500, so annual averages smooth out considerable seasonal variation.

Is Manitou Springs a good market for Airbnb investment?

With an ROI score of 68 out of 100—rated as an "Attractive Opportunity"—Manitou Springs shows solid short-term rental potential. Key strengths include above-average occupancy stability and a positive market growth trend, balanced against average revenue-to-price ratios given home values near $746K. The market's small size (66 active listings) limits direct competition, and 4-bedroom properties in particular deliver strong returns with annual revenues approaching $90K. Investors should factor in pronounced seasonality and verify local regulations before committing.

What is the average daily rate (ADR) for Airbnb in Manitou Springs?

The average daily rate across all Airbnb listings in Manitou Springs is $232, which is significantly below the Colorado state average of $529. ADR scales with property size: 1-bedroom units average $145 per night, 2-bedrooms come in at $148, 3-bedrooms at $205, and 4-bedroom properties command a premium at $364 per night. This pricing structure makes the market accessible for budget-conscious travelers while still offering strong nightly rates for larger properties.

Are short-term rentals legal in Manitou Springs?

Short-term rentals do operate in Manitou Springs, Colorado, with 66 active Airbnb listings currently on the market. However, local regulations around permitting, zoning, and operational requirements can change, so prospective investors should check directly with the City of Manitou Springs for current STR licensing requirements and any restrictions that may apply. It's also wise to review any HOA rules or neighborhood covenants that could affect your ability to operate.

When is peak season for Airbnb in Manitou Springs?

Peak season in Manitou Springs runs from June through August, driven by summer tourism to the Pikes Peak region. July is the strongest month, with average revenue reaching $5,509 per listing—nearly four times the February low of $1,443. May and September serve as solid shoulder months with revenues around $3,400 and $3,300 respectively, while winter months from November through February represent the slowest period for bookings.

How many Airbnbs are there in Manitou Springs?

As of April 2026, there are 66 active Airbnb listings in Manitou Springs. The supply skews heavily toward smaller properties: 1-bedroom units make up half the market with 33 listings, followed by 16 two-bedroom listings, 7 three-bedroom, and 5 four-bedroom properties. Year-over-year listing growth has been a notable 67%, indicating increasing investor interest in this small but active market.

How is Airbnb revenue calculated in Manitou Springs?

The annual and monthly revenue figures for Manitou Springs are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market—they are not forward-looking projections. Rabbu averages each comparable listing's actual revenue per available night (RevPAN) by month over the past year, removes regional outliers, and rolls the results up into a market-level historical average. Because each month draws on its own historical performance, the figures naturally reflect seasonal peaks and slower periods. Individual results can vary meaningfully based on property quality, pricing strategy, and how well a listing is managed.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts for Manitou Springs and surrounding areas
• Average daily rates, occupancy rates, and RevPAN tracked over trailing 12-month periods
• Monthly and annual revenue estimates broken down by property size
• Popular amenity data across active listings to benchmark guest expectations
• Home value data sourced from the Zillow Home Value Index (ZHVI) for investment analysis

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages as of April 2026 and may not capture very recent market shifts. Local regulations, HOA rules, and tax obligations vary and should be independently verified before investing.