Denver

As of May 2026, Denver, Boulder, Golden, Breckenridge have 6,705 active Airbnb and VRBO listings. This represents a 17% decrease from the previous year.

The average Airbnb or VRBO in Denver generates $48K per year. High-performing properties earn $93K/year, while low-performing properties earn $18K/year. The substantial spread between top and bottom earners suggests that market revenue is heavily concentrated, indicating that competitive differentiation is currently a primary driver of financial outcomes.

Average home prices in Denver vary by property size: 1-bedroom properties cost approximately $282K, 2-bedroom homes average $427K, 3-bedroom properties are around $584K, and 4+ bedroom homes average $713K. These prices reflect median home values across the Denver, Boulder, Golden, Breckenridge area.

Airbnb and VRBO can be profitable in Denver, with an average gross yield of 8% across all properties. High-performing properties achieve yields up to 16%, which is considered top for short-term rental investment. This wide yield variance reflects a market where asset positioning creates significant disparities in capital efficiency despite a reduction in total supply.

The average occupancy rate for Airbnbs and VRBOs in Denver is 45%. This occupancy level, combined with an average nightly rate of $257, results in a RevPAR (revenue per available room) of $89 per day.

4+ bedroom properties demonstrate the strongest performance in Denver, with an average gross yield of 11% and annual revenue of $81K. These properties balance purchase price ($713K), operating costs, and rental demand most effectively in the Denver market.

Short-term rental regulations vary by jurisdiction in the Denver area. Denver: Strict. License required, primary residence only, 30-day owner-occupancy rule, density limits by neighborhood. Active enforcement with significant fines and platform cooperation. Boulder: Strict. License mandatory, primary residence required, 30-day minimum occupancy, caps on permits. Aggressive enforcement with neighbor complaints driving action. Golden: Moderate. Business license required, zoning restrictions apply. Enforcement exists but less aggressive than Denver/Boulder. Breckenridge: Moderate. License required, sales tax collection mandatory, some neighborhood restrictions. Tourism-friendly but enforces tax compliance actively. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Denver Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 17% year-over-year, while RevPAR has increased 2%. This indicates balanced supply-demand dynamics. The contraction in inventory alongside rising revenue per available room suggests that the market is stabilizing as it absorbs fewer listings while maintaining consistent demand.

Launch around April, 2-3 months before peak summer season (July peaks). This pre-peak timing lets you build reviews when competition is 9% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (May-February) when gaining traction is harder.

The most common amenities in Denver listings include: Kitchen (96%), Tv (90%), Air Conditioning (89%), Washing Machine (82%), Heating (74%). Amenities that boost revenue the most include Hot Tub, Washing Machine, Bbq, with Hot Tub properties earning approximately 54% more ($80K/year vs $52K/year).

Monthly estimated revenue per listing in Denver over the last 12 months: May: $2K, June: $3K, July: $3K, August: $3K, September: $3K, October: $3K, November: $2K, December: $3K, January: $2K, February: $2K, March: $3K, April: $3K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Denver is $257, up 19% year-over-year. By property size: 1-bedroom properties average $147/night, 2-bedroom properties average $207/night, 3-bedroom properties average $303/night, 4+ bedroom properties average $442/night. Rates peak in July and are lowest in February.

Guests in Denver book an average of 36 days in advance, down 14% from last year. By property size: 1-bedroom: 32 days, 2-bedroom: 35 days, 3-bedroom: 40 days, 4+ bedroom: 40 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Denver Airbnb and VRBO market has seen the following changes: supply declined 17%, revenue per listing increased 2%, occupancy fell 5%, average nightly rates increased 19%, and lead time decreased 14%. These shifts demonstrate a pivot toward higher pricing strategies to offset lower occupancy rates in a leaner supply environment.

In Denver, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Saturday and are lowest on Monday. Weekends show 32% higher occupancy than weekdays.