September 26, 2023

Rocky Daily News

Colorado Politics-Sports-Business-Weather

Short-term rentals in Colorado can be worth a year’s salary for owners

1 min read

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DENVER (KDVR) — A property owner can make the equivalent of a healthy yearly salary with a short-term rental in Colorado.

Cabins fetch high prices as short-term rentals on sites such as Airbnb or VRBO, according to a release of revenue projections from AirDNA which collects short-term rental data. In 25 areas, a cabin has the potential to bring in at least $64,000 a year.

The state’s median household income was just over $80,000 in 2021. On average, Colorado cabins can make around $75,000 a year – a literal household’s worth of income for a short-term rental owner.

Four of these locations are in Colorado including Breckenridge, the Rocky Mountain National…

DJ Summers

2023-05-08 10:57:15

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