Airbnb Market Data

13 min read

20 Best Short Term Rental Markets In Colorado For 2025

We’ve identified the top 20 cities in Colorado that offer promising opportunities to investors looking for high-yield STR markets.

Written By

Emir Dukic

Jan 20, 2025

Colorado is home to many thriving short-term rental markets, but identifying the top-performing cities can be overwhelming, especially when combing through data from countless locations across the state.

To simplify this process, we analyzed data from markets statewide and compiled a list of the top 20 cities for investors and landlords seeking potentially high-return rental properties in the coming year.

As always, we recommend thorough underwriting and analysis of any prospective property and a review of local short-term rental regulations before making any investment decisions.

How We Created This List

First, we looked at all Airbnb listings in Colorado that met the following criteria as of January 2025:

  • Average Rating: 4.8 stars and above
  • Guest Review Count: Minimum of 10
  • Average Daily Rate: $1 (minimum) to $2,000 (maximum)
  • Occupancy Rate: 1% (minimum) to 99% (maximum)
  • Property Size: 1 to 10 bedrooms
  • Property Type: Entire homes

We did this to eliminate Airbnb listings from our analysis that fall outside of what we consider "realistic" situations. This left us with a total of 16,933 Airbnb listings across the state of Colorado to work with.

Next, we grouped these listings by city and eliminated markets that didn't have at least 75 Airbnb listings meeting the above criteria. We took this step to avoid outlier cities we felt didn't have enough data to be considered at this current time. This left us with 55 cities in Colorado to rank.

Then, we needed to arrive at a gross yield number for each of our remaining cities in order to create our rankings. We did this by taking the average annual Airbnb revenue for each city and combining it with the cities median property value (from Zillow as of December 2024) to calculate our gross yield for each city.

Finally, we ordered the cities by highest gross yield.

The Top 20 STR Markets in Colorado

1. Cahone, CO

Cahone, CO, offers a hidden gem for real estate investors seeking lucrative short-term rental properties. Nestled in the scenic Montezuma County, this tranquil town attracts tourists with its proximity to attractions like Canyons of the Ancients National Monument and McPhee Reservoir. As a hub for outdoor enthusiasts, Cahone hosts special events throughout the year, enticing visitors seeking adventure or relaxation. The housing market here presents promising investment property opportunities, making it one of the best places for vacation rentals with good returns and reliable cash flow for Airbnb hosts.

Key STR Metrics:

  • Average Gross Yield: 23.7%
  • Average Property Value: $420,858 (as of December 2024)
  • Average Annual Revenue: $99,827 (past 12 months)
  • Average Occupancy Rate: 41% (past 12 months)
  • Qualifying Airbnbs: 85 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 98%

Find Airbnbs For Sale in Cahone, CO →

2. Bailey, CO

Nestled in the Rocky Mountains, Bailey, CO entices travelers with its charming short-term rental market. Famous for its stunning mountain views and easy access to Pike National Forest, it attracts tourists seeking outdoor adventure from hiking to fishing. As a vacation home hotspot, real estate investors eye the good return potential in this growing area. Historic sites, vibrant festivals, and proximity to Denver enhance its appeal, making it one of the best places for vacation rentals with promising cash flow, capturing the interest of Airbnb hosts and guests alike.

Key STR Metrics:

  • Average Gross Yield: 8.3%
  • Average Property Value: $720,584 (as of December 2024)
  • Average Annual Revenue: $59,707 (past 12 months)
  • Average Occupancy Rate: 51% (past 12 months)
  • Qualifying Airbnbs: 120 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 100%

Find Airbnbs For Sale in Bailey, CO →

3. Idaho Springs, CO

Idaho Springs, CO, nestled in the scenic Rocky Mountains, is an enticing spot for real estate investors eyeing short-term rental properties. Known for its historic charm, it attracts tourists with attractions like the Argo Mill and Tunnel, Indian Hot Springs, and proximity to Echo Mountain for skiing. Hosting events like the annual Tommyknocker Mining Dinner, it guarantees year-round tourism. This dynamic housing market offers investment property opportunities for those seeking to generate rental income and achieve good returns through the STR and Airbnb platforms.

Key STR Metrics:

  • Average Gross Yield: 8.0%
  • Average Property Value: $721,617 (as of December 2024)
  • Average Annual Revenue: $57,426 (past 12 months)
  • Average Occupancy Rate: 46% (past 12 months)
  • Qualifying Airbnbs: 118 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 58%

Find Airbnbs For Sale in Idaho Springs, CO →

4. Florissant, CO

Florissant, CO, a gem in the heart of the Rockies, offers a vibrant short-term rental market with excellent investment property prospects for real estate investors. Its stunning natural attractions like Florissant Fossil Beds National Monument and Eleven Mile State Park draw tourists year-round, boosting rental income potential for vacation homes. Moreover, local events and proximity to Pikes Peak entice visitors and outdoor enthusiasts, making it a hotspot for Airbnb hosts. Investing in Florissant's vacation rentals promises a good return and steady cash flow in 2025.

Key STR Metrics:

  • Average Gross Yield: 7.8%
  • Average Property Value: $648,710 (as of December 2024)
  • Average Annual Revenue: $50,400 (past 12 months)
  • Average Occupancy Rate: 40% (past 12 months)
  • Qualifying Airbnbs: 112 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 110%

Find Airbnbs For Sale in Florissant, CO →

5. Gunnison, CO

Gunnison, CO, is a vibrant destination ideal for short-term rental market enthusiasts and real estate investors. Known for its stunning natural scenery and outdoor activities, it attracts tourists year-round. Visitors can enjoy skiing at Crested Butte Mountain Resort, fishing in Blue Mesa Reservoir, and exploring Gunnison National Forest. The city hosts special events like the Cattlemen's Days Rodeo, adding to its tourism appeal. With demand for vacation rentals surging, Gunnison promises good return and rental income for Airbnb hosts and real estate investing.

Key STR Metrics:

  • Average Gross Yield: 7.5%
  • Average Property Value: $847,808 (as of December 2024)
  • Average Annual Revenue: $63,631 (past 12 months)
  • Average Occupancy Rate: 44% (past 12 months)
  • Qualifying Airbnbs: 77 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 130%

Find Airbnbs For Sale in Gunnison, CO →

6. Estes Park, CO

Nestled in the Rockies, Estes Park, CO offers a vibrant short-term rental market ideal for real estate investors. Known as the gateway to Rocky Mountain National Park, it draws tourists with breathtaking landscapes, making it a hotspot for vacation rentals. Key attractions include the scenic Trail Ridge Road and renowned Elk Fest. The local housing market thrives with opportunities for vacation homes and investment property, promising strong rental income and good returns. Estes Park's lively events and picturesque setting consistently attract Airbnb hosts and guests year-round.

Key STR Metrics:

  • Average Gross Yield: 7.1%
  • Average Property Value: $1,008,131 (as of December 2024)
  • Average Annual Revenue: $71,540 (past 12 months)
  • Average Occupancy Rate: 46% (past 12 months)
  • Qualifying Airbnbs: 599 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 44%

Find Airbnbs For Sale in Estes Park, CO →

7. Crestone, CO

Crestone, CO is a hidden gem for short-term rental markets, offering vacation homes amidst the stunning backdrop of the Sangre de Cristo Mountains. This quaint town is famed for its spiritual sanctuaries, drawing visitors interested in meditation and wellness retreats. The proximity to Great Sand Dunes National Park and the Crestone Music Festival attracts tourists year-round, ensuring steady rental income for Airbnb hosts. Real estate investors will find Crestone's housing market appealing for its potential good return and cash flow from short-term rental properties.

Key STR Metrics:

  • Average Gross Yield: 6.9%
  • Average Property Value: $476,052 (as of December 2024)
  • Average Annual Revenue: $32,789 (past 12 months)
  • Average Occupancy Rate: 42% (past 12 months)
  • Qualifying Airbnbs: 97 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 118%

Find Airbnbs For Sale in Crestone, CO →

8. Glenwood Springs, CO

Glenwood Springs, CO, is a prime location for real estate investors seeking lucrative opportunities in the short-term rental market. With attractions such as the world-famous Glenwood Hot Springs, thrilling Glenwood Caverns Adventure Park, and breathtaking Hanging Lake, it's a magnet for tourists year-round. The town's vibrant tourism scene, bolstered by events like Strawberry Days Festival, ensures consistent rental income for vacation homes. As an Airbnb host in this housing market, investors can expect a good return and cash flow from their investment properties.

Key STR Metrics:

  • Average Gross Yield: 6.9%
  • Average Property Value: $1,226,034 (as of December 2024)
  • Average Annual Revenue: $84,315 (past 12 months)
  • Average Occupancy Rate: 49% (past 12 months)
  • Qualifying Airbnbs: 133 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 80%

Find Airbnbs For Sale in Glenwood Springs, CO →

9. Canon City, CO

Canon City, CO, is a hidden gem for real estate investors looking to capitalize on the booming short-term rental market. Known for its breathtaking attractions like the Royal Gorge Bridge and Park, visitors flock here for adventure and stunning views. The city hosts exciting events such as the Blossom Festival, drawing tourists year-round. With its charming downtown, vibrant tourism scene, and solid rental income potential, Canon City offers a good return for str investors, making it one of the best places to invest in vacation rentals and Airbnb properties.

Key STR Metrics:

  • Average Gross Yield: 6.9%
  • Average Property Value: $467,313 (as of December 2024)
  • Average Annual Revenue: $32,089 (past 12 months)
  • Average Occupancy Rate: 38% (past 12 months)
  • Qualifying Airbnbs: 96 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 134%

Find Airbnbs For Sale in Canon City, CO →

10. Jefferson, CO

Nestled in the heart of the Rockies, Jefferson, CO is a hidden gem for real estate investors seeking lucrative short-term rental markets. Visitors flock to its scenic trails and vibrant cultural attractions, including the popular Jefferson Hot Springs. The area's robust tourism and thriving vacation rentals market make it ideal for vacation homes and Airbnb hosts. Yearly festivals and close proximity to ski resorts ensure a steady stream of guests, offering a good return and consistent rental income for investment property owners.

Key STR Metrics:

  • Average Gross Yield: 6.9%
  • Average Property Value: $622,451 (as of December 2024)
  • Average Annual Revenue: $42,705 (past 12 months)
  • Average Occupancy Rate: 47% (past 12 months)
  • Qualifying Airbnbs: 91 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 121%

Find Airbnbs For Sale in Jefferson, CO →

11. Westminster, CO

Westminster, CO is a promising short-term rental market for 2025, known for its vibrant attractions and strong real estate market. Nestled between Denver and Boulder, it offers tourists easy access to diverse attractions like Butterfly Pavilion and Standley Lake Regional Park. The city's sports fans enjoy local games and nearby Denver events. With popular annual events like Westminster Latino Festival, the area attracts many visitors, providing Airbnb hosts with lucrative rental income opportunities. Investing in vacation homes here promises good return and strong cash flow for real estate investors.

Key STR Metrics:

  • Average Gross Yield: 6.8%
  • Average Property Value: $689,747 (as of December 2024)
  • Average Annual Revenue: $46,963 (past 12 months)
  • Average Occupancy Rate: 46% (past 12 months)
  • Qualifying Airbnbs: 119 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 107%

Find Airbnbs For Sale in Westminster, CO →

12. Woodland Park, CO

Woodland Park, CO, nestled in the Pikes Peak region, offers a thriving short-term rental market ideal for real estate investors seeking promising vacation rentals. Known as the "City Above the Clouds," this area captivates tourists with attractions like the Rocky Mountain Dinosaur Resource Center and lush hiking trails. Frequent annual events, such as the Mountain Arts Festival, boost tourism and rental income potential. As a popular Airbnb destination with a good return, Woodland Park ensures robust cash flow for savvy investors and Airbnb hosts.

Key STR Metrics:

  • Average Gross Yield: 6.7%
  • Average Property Value: $738,402 (as of December 2024)
  • Average Annual Revenue: $49,153 (past 12 months)
  • Average Occupancy Rate: 47% (past 12 months)
  • Qualifying Airbnbs: 194 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 88%

Find Airbnbs For Sale in Woodland Park, CO →

13. Wheat Ridge, CO

Wheat Ridge, CO is a thriving short-term rental market, making it one of the best places for real estate investing and vacation homes in 2025. Nestled near the Rockies, this charming city offers vibrant attractions like Crown Hill Park and the Wheat Ridge Farmers Market, enticing tourists and guests alike. With quick access to Denver's sports teams and special events, visitors have plenty to explore. Real estate investors find promising rental income and cash flow from Airbnb properties here, making it a hub for STR opportunities and a good return on investment property.

Key STR Metrics:

  • Average Gross Yield: 6.5%
  • Average Property Value: $777,650 (as of December 2024)
  • Average Annual Revenue: $50,856 (past 12 months)
  • Average Occupancy Rate: 52% (past 12 months)
  • Qualifying Airbnbs: 113 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 62%

Find Airbnbs For Sale in Wheat Ridge, CO →

14. Fort Collins, CO

Fort Collins, CO, offers a vibrant short-term rental market, ideal for real estate investors seeking a good return. Renowned for its charming Old Town, picturesque Horsetooth Reservoir, and proximity to Rocky Mountain National Park, it attracts tourists year-round. As a hub for craft breweries and home to Colorado State University, the city hosts exciting events like the Fort Collins Brewfest. These attractions draw visitors seeking diverse experiences, making it one of the best places for vacation homes and generating consistent rental income for Airbnb hosts.

Key STR Metrics:

  • Average Gross Yield: 6.5%
  • Average Property Value: $765,060 (as of December 2024)
  • Average Annual Revenue: $49,913 (past 12 months)
  • Average Occupancy Rate: 50% (past 12 months)
  • Qualifying Airbnbs: 303 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 80%

Find Airbnbs For Sale in Fort Collins, CO →

15. Arvada, CO

Arvada, CO is a flourishing hotspot for short-term rental properties, offering lucrative opportunities for real estate investors. Known for its charming Olde Town, vibrant arts scene, and easy access to the Rocky Mountains, it's a magnet for tourists seeking diverse attractions. Visitors can explore the scenic trails of nearby Apex Park or experience local events like the Arvada Harvest Festival. With the Denver Nuggets and Colorado Rockies games just a short drive away, sporting enthusiasts will find much to enjoy here, boosting rental income potential for Airbnb hosts.

Key STR Metrics:

  • Average Gross Yield: 6.4%
  • Average Property Value: $815,301 (as of December 2024)
  • Average Annual Revenue: $52,195 (past 12 months)
  • Average Occupancy Rate: 50% (past 12 months)
  • Qualifying Airbnbs: 349 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 84%

Find Airbnbs For Sale in Arvada, CO →

16. Palisade, CO

Nestled in the heart of Colorado's wine country, Palisade is a charming destination for tourists and real estate investors alike. Its burgeoning short-term rental market offers excellent opportunities for those seeking vacation homes with good return potential. Attractions such as the Palisade Peach Festival, local wineries, and outdoor adventures along the Colorado River draw guests year-round. With robust tourism fueled by its scenic landscapes and close proximity to Grand Junction, Palisade's STR properties promise strong rental income and cash flow for savvy Airbnb hosts.

Key STR Metrics:

  • Average Gross Yield: 6.4%
  • Average Property Value: $752,137 (as of December 2024)
  • Average Annual Revenue: $48,119 (past 12 months)
  • Average Occupancy Rate: 41% (past 12 months)
  • Qualifying Airbnbs: 78 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 45%

Find Airbnbs For Sale in Palisade, CO →

17. Evergreen, CO

Nestled in the scenic foothills of the Rockies, Evergreen, CO is a hidden gem for short-term rental properties, offering real estate investors lucrative opportunities with its vibrant tourism scene. Visitors flock to Evergreen Lake for ice skating and summer water activities, while nearby trails offer hiking and wildlife viewing. The Evergreen Rodeo and annual events like the Winterfest draw tourists year-round. As a top destination for vacation homes in 2025, Evergreen promises good return and solid rental income, making it one of the best places for an Airbnb host.

Key STR Metrics:

  • Average Gross Yield: 6.3%
  • Average Property Value: $1,353,858 (as of December 2024)
  • Average Annual Revenue: $85,592 (past 12 months)
  • Average Occupancy Rate: 51% (past 12 months)
  • Qualifying Airbnbs: 128 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 71%

Find Airbnbs For Sale in Evergreen, CO →

18. Fairplay, CO

Fairplay, CO is a hidden gem for real estate investors seeking lucrative short-term rental markets. Nestled in the heart of the Rockies, it's surrounded by stunning natural attractions like Pike National Forest, perfect for hiking and skiing, while the South Park City Museum offers a taste of Wild West history. Events like the Burro Days festival draw tourists year-round. This quaint town's thriving tourism scene makes it ideal for vacation homes, promising strong rental income and good return on investment. Fairplay promises cash flow potential for Airbnb hosts seeking profitable real estate investments.

Key STR Metrics:

  • Average Gross Yield: 6.3%
  • Average Property Value: $846,280 (as of December 2024)
  • Average Annual Revenue: $53,290 (past 12 months)
  • Average Occupancy Rate: 44% (past 12 months)
  • Qualifying Airbnbs: 239 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 89%

Find Airbnbs For Sale in Fairplay, CO →

19. Littleton, CO

Littleton, CO, offers a vibrant short-term rental market, making it an appealing destination for real estate investors. With its picturesque setting near the Rocky Mountains, visitors flock to enjoy attractions like Hudson Gardens and Town Hall Arts Center. The city's proximity to Denver allows easy access to pro sports events. Popular events like the Littleton Block Party attract tourists, ensuring high rental income potential. Whether you're an Airbnb host or new to vacation rentals, Littleton promises good return and cash flow as an investment property hotspot.

Key STR Metrics:

  • Average Gross Yield: 6.1%
  • Average Property Value: $872,221 (as of December 2024)
  • Average Annual Revenue: $52,864 (past 12 months)
  • Average Occupancy Rate: 50% (past 12 months)
  • Qualifying Airbnbs: 158 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 78%

Find Airbnbs For Sale in Littleton, CO →

20. Aurora, CO

Aurora, CO, offers vibrant opportunities for real estate investors eyeing the short-term rental market. With attractions like Cherry Creek State Park, the Aurora History Museum, and proximity to Denver's bustling dining and nightlife, it entices tourists and boosts rental income potential. Hosting special events such as the Global Fest and Aurora's Summer Concert Series, this city attracts visitors year-round. Real estate investors can capitalize on Aurora's housing market, using vacation homes and Airbnb to achieve good return and cash flow.

Key STR Metrics:

  • Average Gross Yield: 6.0%
  • Average Property Value: $623,353 (as of December 2024)
  • Average Annual Revenue: $37,199 (past 12 months)
  • Average Occupancy Rate: 41% (past 12 months)
  • Qualifying Airbnbs: 186 (as of January 2025)
  • Year-Over-Year Growth in Airbnbs: 75%

Find Airbnbs For Sale in Aurora, CO →

Categories: Airbnb Market Data

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About the author

Emir Dukic

CEO @ Rabbu.com

With a passion for real estate innovation and technology, Emir has transformed Rabbu into a go-to marketplace for real estate investors seeking high-yield opportunities in the short-term rental market. Drawing on his background in entrepreneurship and operational strategy, Emir has been instrumental in simplifying the complexities of the short-term rental industry, empowering investors to maximize their returns with data-driven insights and streamlined tools.

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