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Crested Butte

Gunnison County, CO

STR Investment Grade

Transparent Scoring
D
36/100
⚠️ CAUTION
Score Breakdown
💰Cash-on-Cash
5/35
🏠Affordability
2/25
📅Year-Round Income
9/15
🤝Landlord Friendly
8/10
📈Room to Grow
12/15
Cash-on-Cash
-14.0%
Negative Cash Flow
Median Home
$1405K
Very Expensive
Room to Grow
12/15
Good Headroom
⚠️

STR Regulations Apply

Cap of 212 permits; 12-month moratorium

Crested Butte capped STR permits at 212. Town Council issued a 12-month moratorium on all new STR permits.

Permit: Very HardPermit Cap in Effect
Grade Impact: Base score of 36/100 would be grade D, but capped at D (36/100) due to regulation risk.
Verified data as of February 2026 · Regulations change frequently
📞 How to Verify
Call the Crested Butte City Clerk or Planning & Zoning Department and ask:
1. Are short-term rentals (under 30 days) allowed at [your address]?
2. What permits or licenses are required?
3. Are there owner-occupancy requirements?
4. Any caps on rental nights per year or number of permits?
Many cities have active short-term rentals operating legally with permits — restrictions don't always mean it's impossible.

Why Crested Butte?

Mountain Market

What drives short-term rental demand here

🏔️
Mountain Getaway

Ski season and summer hiking create year-round demand for mountain retreats and cabin stays.

🔥
High Demand Zone

Strong traveler demand supports a competitive market with proven revenue potential.

⛷️
Ski Season

Winter sports enthusiasts drive premium rates during peak ski season months.

Will This Deal Work?

Investment Grade
D
Negative Cash Flow
CoC: -14.0%
Can You Pay the Bills?
Risky
May struggle with payments
THE BOTTOM LINE ⚠️

This market has STR regulations to be aware of. Many hosts operate successfully with proper permits. Research local ordinances before committing.

💵
$365
Avg ADR
📅
52%
Occupancy
💰
$5,694
Monthly Revenue
🏠
$1405K
Median Price

Market estimates · Updated Feb 2026

📊 Income by Property Size

Monthly revenue estimates by bedroom count

1BR
$2,562
2BR
$4,270
3BR
$5,694
4BR
$7,687
5BR
$9,395
6BR+
$11,103
⭐ Best

🏠 Top Amenities for This Market

Add these to boost your revenue

MUST HAVEHot Tub
+22%
MUST HAVEFireplace
+15%
HIGH IMPACTGame Room
+18%
HIGH IMPACTMountain Views
+12%
NICE TO HAVEFire Pit
+8%

🎯 Your Next Steps

1
Search for 6BR+ properties
Best income potential at $11,103/month
2
Add a Hot Tub
Boost revenue by +22%
3
Target $7,118/month
Top 25% performer income goal

📋 Regulation Status

RegulatedPermit: Very HardVerified Data

Regulations vary by city and county. Always verify local STR ordinances, permit requirements, and zoning laws before purchasing.

Research Comparable Listings

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Crested Butte, Colorado is rated D for Airbnb investment with a score of 36/100 (CAUTION). The market has an average daily rate (ADR) of $365, 52% occupancy, and estimated monthly STR revenue of $5,694. Median home value is $1,404,590 with a cash-on-cash return of -14.0%. STR regulation status: Regulated. Data powered by Edge by Teeco using estimated market data.