Aurora, Colorado Short-Term Rental Market Overview
Visitor Profile
Aurora, Colorado, attracts a diverse range of visitors including outdoor enthusiasts, culture seekers, and families seeking a mix of adventure and relaxation. Many travelers come to explore the city’s scenic parks, lakes, and nearby mountain trails, such as those highlighted at Aurora’s scenic attractions. Cultural visitors enjoy engaging with local arts districts and museums, while families look for fun-filled experiences at parks and community events. For those seeking a more comprehensive visit, the Visit Aurora organization offers detailed local attractions and memorable experiences, making it a prime base for discovering the vibrant, multicultural tapestry of this energetic city.
Top Attractions
Aurora, Colorado, offers a vibrant mix of outdoor recreation, cultural attractions, and local entertainment that make it a compelling destination for visitors. Nature lovers can enjoy parks, trails, and lakes such as Cherry Creek State Park, where activities like fishing, kayaking, swimming, and sunbathing are popular. The city also boasts unique outdoor experiences such as SCUBA diving excursions and canoe rentals, providing a distinctive way to explore Colorado’s natural beauty. For those interested in arts and culture, Aurora features museums, public art, theaters, and the innovative Stanley Marketplace, which hosts local artisans, eateries, and shops.
Beyond its natural and cultural appeal, Aurora provides numerous family-friendly activities and entertainment options that promise fun for all ages. Attractions include adventure golf, immersive games, ghost tours, and quirky sights like hidden art installations and unusual landmarks. The city’s diverse dining scene, ethnic cuisines, and lively local events further enhance the experience, making Aurora not just a pass-through city but a destination filled with vibrant experiences waiting to be discovered.
Regulations
Aurora, Colorado, has implemented a structured regulatory framework for short-term rentals (STRs) aimed at ensuring responsible hosting within the community. Hosts can expect a regulated process focusing on licensing, zoning compliance, and adherence to safety and taxation requirements. Understanding and following these regulations is essential for operating legally and maintaining good standing within the city’s community standards.
Key Regulatory Considerations:
– Licensing and Permits: Property owners must obtain a short-term rental license through Aurora’s licensing division. This involves an application process that includes paying any applicable fees and meeting eligibility criteria set by the city. Licenses typically require periodic renewal and compliance verification.
– Primary Residence Requirements: Aurora’s regulations may specify that the property used for short-term rentals is the host’s primary residence, or impose limits on the number or duration of rentals if the property is not the primary residence. This is to prevent the conversion of residential property into permanent STR businesses.
– Zoning and Location: Short-term rentals must comply with zoning ordinances. Certain residential zones may have restrictions or prohibitions on STR use, so hosts need to verify the zoning classification of their property and any related use restrictions.
– Occupancy, Health & Safety: Hosts must adhere to occupancy limits defined by the number of bedrooms or square footage as regulated. Safety standards include installation of smoke detectors, carbon monoxide alarms, fire extinguishers, and proof of compliance with local fire codes.
– Tax Obligations: Hosts are responsible for collecting and remitting applicable transient occupancy taxes (TOT) and any other local sales or lodging taxes. Aurora enforces tax compliance as part of its rental regulations.
– Operational Standards & Enforcement: Hosts must maintain noise and nuisance standards, proper guest conduct, and truthful advertising about the property. Violations of the STR regulations can lead to fines, license suspension, or revocation.
For the most current and legally binding information, property owners should consult the City of Aurora’s Official Short-Term Rental Regulations page to ensure compliance with all local laws and requirements before listing their property. This official resource provides up-to-date details and guidance necessary for responsible and legal short-term rental hosting in Aurora.
Aurora, Colorado Market Performance Trends
Aurora, Colorado Rental Market Insights
10-Year Market Growth
Booking Activity
- 1-3 Months:58.7% Booked
- 4-6 Months:49.4% Booked
- 7-9 Months:38.9% Booked
- 10-12 Months:16.1% Booked
Cancellation Policies
- Flexible:45.5%
- Moderate:33.1%
- Strict:20.4%
- Super Strict:20.4%
- N/A:0.8%
Minimum Stay
- 1 Day:243
- 2 Days:149
- 3 Days:107
- 4-6 Days:47
- 7-29 Days:44
- 30+ Days:214
