Erie, Colorado Short-Term Rental Market Overview

Population: 34,000
Annual Visitors: 93,300,000
Total STRs: 95
ADR: $235.34

Visitor Profile

Erie, Colorado, attracts a diverse array of visitors each year, contributing significantly to the local economy. While precise annual visitor numbers for Erie are not widely published, the broader Boulder County region sees approximately 93 million visitors annually, indicating a substantial influx to Erie as well. The primary demographics of Erie visitors include families and outdoor enthusiasts, with a notable presence of individuals aged 25 to 45. Many visitors come for recreational activities, including hiking, biking, and exploring local parks, which are abundant in this picturesque area. The economic impact of tourism in Erie is considerable, supporting local businesses and creating jobs, as the tourism sector continues to thrive.

In terms of visitor statistics, Erie benefits from its proximity to major urban centers, leading to a steady flow of tourists, particularly during peak seasons such as summer and fall. The average length of stay for visitors is typically two to three days, allowing ample time to explore the area’s attractions. According to the Colorado Tourism Office Research (https://oedit.colorado.gov/tourism-research), outdoor recreation remains a primary draw, with many visitors engaging in activities at local parks and trails. Erie’s appeal also lies in its community events and festivals, which attract both residents and tourists alike. The visitor demographics indicate a balanced gender distribution, with families often seeking kid-friendly activities. As the tourism economy in Colorado continues to grow, questions about sustainability and the preservation of natural resources are increasingly relevant, as highlighted in a recent Rocky Mountain PBS article (https://www.rmpbs.org/blogs/news/public-land-preservation). For those looking to explore Erie, various attractions and hidden gems await, making it a compelling destination for both short and extended visits (https://boulderorthotics.com/places-to-visit-in-erie-co/).

Top Attractions

Erie, Colorado, is a charming town that offers a delightful mix of outdoor adventures, cultural experiences, and family-friendly activities. Nestled between Boulder and Denver, Erie is known for its scenic parks, vibrant community, and rich history. Visitors can explore the expansive Erie Community Park, which features playgrounds, sports fields, and picturesque walking trails. For those interested in local history, the Erie Historical Society Museum provides fascinating insights into the town’s past. Whether you’re looking for a relaxing day outdoors or an engaging cultural experience, Erie attractions cater to a variety of interests, making it an ideal destination for all ages.

One of the top attractions in Erie is the Erie Community Park, a sprawling 300-acre space that offers numerous recreational opportunities. With its well-maintained trails, picnic areas, and sports facilities, this park is perfect for families and outdoor enthusiasts alike. For more information, visit the official website at https://boulderorthotics.com/places-to-visit-in-erie-co/. Another must-see is the Erie Historical Society Museum, where visitors can delve into the town’s rich heritage and view interesting artifacts. This small but informative museum is a great stop for history buffs. Learn more about it at https://local.aarp.org/erie-co/things-to-do/.

For those who enjoy nature, the Coal Creek Trail provides a scenic route for hiking and biking, showcasing the area’s beautiful landscapes. This trail is well-loved by locals and visitors alike, offering a peaceful escape into nature. Finally, the Flatiron Meadows Park is another gem, featuring playgrounds and open spaces ideal for family gatherings. Discover more about the various attractions and activities in Erie by checking out https://quartzmountain.org/article/things-to-do-in-erie-colorado. With so much to explore, Erie is a hidden treasure waiting to be discovered.

Regulations

Erie, Colorado, has established specific regulations governing short-term rentals to ensure community safety and compliance with local laws. Property owners looking to operate short-term rentals in Erie must obtain a rental license, which requires adherence to various zoning and safety regulations. Additionally, owners are obligated to collect and remit a lodging tax, which is currently set at 4.0%. Understanding these regulations is crucial for compliance and to avoid potential penalties. This overview provides essential insights into the licensing process, tax obligations, and other key requirements for short-term rental operators in Erie.

To legally operate a short-term rental in Erie, property owners must first secure a rental license from the town. This involves submitting an application and paying the associated fees. The municipal code outlines the specific criteria for obtaining this license, including zoning restrictions that dictate where short-term rentals can be located. Safety requirements, such as smoke detectors and carbon monoxide detectors, must also be met to ensure guest safety. Property owners are required to collect a 4.0% lodging tax from guests, which must be submitted to the town on a quarterly basis. Failure to comply with these regulations can result in penalties, including fines or revocation of the rental license. For more detailed information on the municipal code, visit the Erie Municipal Code at https://www.erieco.gov/1098/Municipal-Code. Additional resources can be found at the Municode Library (https://library.municode.com/co/erie/codes/code_of_ordinances?nodeId=COORTOERCO) and the Building Division (https://www.erieco.gov/110/Building-Division).

Vacation Rental Market Overview for Erie

Erie attracts visitors with its urban amenities and entertainment and adventure sports and activities. The short-term rental market here serves diverse traveler demographics, from business professionals to family vacationers.

This destination’s rental market offers unique opportunities for property investors, with comprehensive data revealing seasonal patterns and demand drivers.

Erie, Colorado Market Performance Trends

LTM Avg. Daily Rate$203.00
LTM Occupancy Rate63.5%
LTM Avg. Revenue$2,661

Short-Term Rental Market Performance Analysis for Erie

The short-term rental market in Erie demonstrates dynamic pricing patterns and occupancy trends that savvy property investors and managers monitor closely. This comprehensive 12-month analysis reveals seasonal variations and revenue optimization opportunities.

Market Trend Summary

Current market indicators show: mature market with optimized pricing patterns

Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.

Erie, Colorado Housing Market Data

Home Value Trends

Market Overview

  • Typical Home Value:$729,092
  • Median Sale Price:$747,833
  • Median List Price:$779,666

Current Inventory

  • Homes For Sale:218
  • New Listings:60

Detailed Market Analysis

The average home value in Erie, CO is $729,093, down 2.0% over the past year. Learn more about the Erie housing market and real estate trends.

Real Estate Market Analysis for Erie, Colorado

The residential real estate market in Erie, Colorado presents unique opportunities for investors and homebuyers alike. Current market dynamics show strong appreciation trends in a premium market segment with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.

Key Market Factors

Important considerations for this market include: market stability, reasonable property taxes, and strong rental demand These factors contribute to the overall market performance and future growth potential.

Real estate investments in Erie, Colorado benefit from diverse property options and stable neighborhood development. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.

Erie, Colorado Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:60.6% Booked
  • 4-6 Months:48.8% Booked
  • 7-9 Months:41.4% Booked
  • 10-12 Months:0% Booked

Cancellation Policies

  • Flexible:0%
  • Moderate:0%
  • Strict:0%
  • Super Strict:0%

Minimum Stay

  • 1 Day:0
  • 2 Days:0
  • 3 Days:0
  • 4-6 Days:0
  • 7-29 Days:0
  • 30+ Days:0

Short-Term Rental Regulations and Booking Patterns in Erie

Erie vacation rental operators navigate specific local regulations and booking patterns that shape market dynamics. Understanding minimum stay requirements, cancellation policies, and booking windows is essential for successful property management.

Market analysis reveals balanced approach between flexibility and stability. These insights help property managers optimize their listing strategies and maximize occupancy.

Local regulations and platform policies influence rental operations. StaySTRA provides comprehensive policy tracking and compliance insights.

Erie, Colorado Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Amenity data is not available for this location.

Guest Rating Highlights

    Vacation Rental Property Types in Erie

    The vacation rental market in Erie features a diverse mix of property types, from cozy studios to spacious family homes. Understanding the property composition helps investors identify market gaps and opportunities.

    Market characteristics include concentration in 2-3 bedroom properties ideal for small groups. This distribution reflects local demand patterns and traveler preferences.

    Premium amenities and guest ratings play a crucial role in rental performance, with data showing clear correlations between specific features and booking rates.

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    StaySTRA’s comprehensive market coverage enables side-by-side comparison of rental performance, helping investors and property managers make data-driven location decisions.

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