The Market
Why Colorado Springs is One of the World's Premier STR Markets
Colorado Springs sits where the Great Plains hit the Rockies, and the collision is the product: Garden of the Gods' red sandstone fins against Pikes Peak, the 14,115-foot mountain that inspired 'America the Beautiful.' This is a value market with a demand base most cities would envy — five military installations, the U.S. Olympic & Paralympic Committee headquarters, the Air Force Academy, and a summer tourism season that fills the westside every year. The short-term-rental rules split the market in two: owner-occupied permits work broadly across the city, while non-owner-occupied rentals are shut out of the single-family residential zones entirely and must keep 500 feet apart everywhere else. Entry prices remain reasonable by Colorado standards, occupancy is steadier than the mountain towns, and the listing that bothers with real photography of the rocks and the peak separates from the pack fast.
Colorado Springs demand runs deeper than tourism. Summer — June through August — is the leisure peak, when Garden of the Gods, Pikes Peak and Cheyenne Mountain Zoo fill the calendar with families. Around that sits the institutional layer: Air Force Academy graduation week in late May books everything within miles, military PCS moves and visiting families generate year-round midweek stays near Fort Carson and Peterson, and the Pikes Peak International Hill Climb — run since 1916 — brings motorsport money every June. Blended nightly rates run around $185 with occupancy in the low 60s, modest numbers that hide a favorable ratio: purchase prices here are low enough that a well-bought, well-marketed westside bungalow clears returns the resort towns can't match. September and the balloon-filled Labor Day weekend carry the shoulder, and winter stays softer but never empty — this is a drive market ninety minutes from Denver with its own airport fifteen minutes from downtown.
Top Attractions & Landmarks
- Garden of the Gods
- Pikes Peak
- U.S. Olympic & Paralympic Museum
- Cheyenne Mountain Zoo
- Old Colorado City
- Manitou Incline
- Seven Falls
Nearby Markets: Denver | Breckenridge | Santa Fe