Aspen, Colorado Short Term Rental Regulations
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Reviewed by Karolyn Hutson
Last updated August 26, 2023
Aspen Short-Term Rental Regulations
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Short Term City Rating4.5
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Competition
4.0 -
Real Estate Cost
2.1 -
STR Regulations
N/A -
Seasonality
2.0 -
Rental Rates
10.0
Aspen, Colorado Quick Stats
Short-term rentals have gained a lot of traction in the last few years. The trends and statistics of this sector are constantly changing, and having access to accurate data is essential for making sound investment decisions.
- Population
- 8,195
- STR License Required
- No
- Tourist Season
- December to March
- County
- Pitkin
- Airports
- Aspen/Pitkin County Airport (ASE)
- Eagle County Regional Airport (EGE)
Want to learn more about Aspen?
Hostscouts has you covered. Our guides for this city cover topics that can help you research cities across the US quickly and easily.
Check out our Aspen rental analytics guide if you're interested in data on the Aspen rental market.
Review the popular activities that hosts include in their property positing in Aspen.
The most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings.
Explore nightly rates that hosts list their properties and the average fees for pets and additional guests.
What are the most popular property sizes for rent? Research whether a 1, 2, or 3 bedroom best fits Aspen guests.
Interested in other Colorado cities?
Check out the Colorado short term rental regulations directory
What makes Aspen a great place to invest?
- World-Class Skiing and Snowboarding: Aspen is globally renowned for its ski slopes, catering to both beginners and professionals. With four major ski areas - Aspen Mountain, Aspen Highlands, Buttermilk, and Snowmass - the town attracts winter sports enthusiasts from all over the world, ensuring a steady demand for accommodation during the ski season.
- Year-Round Outdoor Activities: Beyond its winter appeal, Aspen offers a multitude of outdoor activities throughout the year, including hiking, mountain biking, and fishing in the summer, and leaf-peeping in the fall. The Maroon Bells, two of the most photographed peaks in North America, are a short drive away and a must-visit for nature lovers.
- Cultural Events: Aspen is not just a haven for outdoor enthusiasts, but also a cultural hub with a year-round calendar of events. The Aspen Music Festival, Aspen Ideas Festival, and Aspen Filmfest attract a diverse crowd of intellectuals, artists, and cinephiles, contributing to a consistent demand for short-term rentals.
- Luxury Shopping and Dining: Aspen is known for its upscale boutiques and fine dining restaurants. Visitors flock to the pedestrian-friendly downtown to shop for luxury brands, dine in gourmet restaurants, and enjoy the vibrant nightlife, making it an attractive destination for those seeking a luxurious getaway.
- Proximity to Other Attractions: Aspen's strategic location makes it a convenient base for exploring other Colorado attractions. The historic town of Glenwood Springs, the scenic Independence Pass, and the iconic Rocky Mountain National Park are all within a day's drive, making Aspen a popular choice for travelers looking to explore the region.
Aspen Nearby Cities
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24 miles away
- Rating: 4.9
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35 miles away
- Rating: 4.3
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Local Real Estate
How expensive is the real estate in Aspen?
The cost of real estate can vary widely depending on the location, size, and features of the property, as well as market conditions. The median home value in Aspen has decreased -58% over the past year, and the average price per square foot is $2,149, which is higher than the national average.
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Median Sale Price
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$2,221,262
-58% YoY
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Median per Square Foot
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$2,149
-5% YoY
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Average Monthly Rent
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$30,867
0% YoY
The most common terms hosts include in their listings for Aspen, Colorado
Common terms for Aspen short term rental listings.
When potential guests are scrolling through listings on Airbnb, they’re looking for certain essential information to help them decide if your property is the right fit for their needs. As a host, ensuring that your listing includes all the relevant information that guests will be looking for is vital.
Some of the must-have elements of a property description include:
- Location: Guests will want to know where your property is located in relation to popular attractions, public transportation, and other points of interest.
- Amenities: What amenities does your property offer? Be sure to list all features guests can access, such as a pool, hot tub, parking, etc.
- Informative: The average listing in Aspen has a description approximately 2,180 words long. Make sure yours is long enough to describe your property but doesn't require your potential guest to read a novel.
After reviewing more than 1,808 listings in Aspen, we've consolidated the most common terms on the word cloud. The larger text represents a term that is used more often. The top ten mentioned terms are Ski, Hot tub, Aspen, Aspen Mountain, Flat screen, Snowmass, En, View, Heated pool, and Block.
What are the most popular tourist activities in Aspen?
Whether renting a house, an apartment, or a room, you should include popular tourist activities in your posting. The most common choices mentioned on property listings in Aspen involve Snow Skiing, Hiking, Mountain Biking, Snowboarding, and Mountain Climbing. When you write your listing, have a section with recommended activities near the property to give your guests an idea of what is available.
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Snow Skiing
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Hiking
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Mountain Biking
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Snowboarding
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Mountain Climbing
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Cross Country Skiing
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Cycling
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Snowmobiling
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Sledding
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Ice Skating
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Rafting
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Horseback Riding
Local Attractions
What attractions do hosts highlight to guests?
There are quite a few popular attractions in Aspen, including Aspen Mountain, Snowmass Mountain, Buttermilk Mountain, Aspen Highlands, and Snowmass Mall. Below we've included the most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings. Many hosts like to show off lesser-known regional landmarks visitors might not have heard of.
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Regional Landmark
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The John Denver Sanctuary
Included on nearly all listings
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Regional Landmark
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Silver Queen Gondola
Included on nearly all listings
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Local Landmark
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Wagner Park
Included on nearly all listings
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Local Landmark
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Snowmass Club
Included on most listings
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Regional Landmark
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Aspen Highlands
Included on most listings
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Regional Landmark
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Aspen Art Museum
Included on most listings
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Regional Landmark
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Aspen Recreation Center
Included on 91% of listings
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Well Known Attraction
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Snowmass Mountain
Included on 86% of listings
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Regional Landmark
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Buttermilk Mountain
Included on 86% of listings
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Regional Landmark
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Snowmass Mall
Included on 85% of listings
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Well Known Attraction
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Aspen Mountain
Included on 83% of listings
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Local Landmark
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Summit Express Ski Lift
Included on 83% of listings
What’s the weather like in Aspen, Colorado?
The weather is generally milder than the national average, with an average high temperature of around 50°, while the average low is about 25°. It has normal rainfall, averaging about 7 inches per year, compared to the national average of about 27 inches. Snowfall can be rather heavy, averaging less than 54 inches per year. The humidity levels in Aspen are generally lower than the national average, and the city has a mix of clouds and sunshine for most of the year.
Winter
December through February
9° Low 30° High
Spring
March through May
24° Low 48° High
Summer
June through August
42° Low 71° High
Fall
September through November
27° Low 51° High
Cities Near Aspen
Aspen, Colorado, is located in Pitkin County. Some cities that are located nearby include:
