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  3. Colorado
  4. Cortez

Cortez, Colorado

Short-Term Rental Market Data & Investment Analysis

Cortez, Colorado Short-Term Rental Market

Cortez, CO STRs averaged $179 per night at 40.9% occupancy in April 2026, serving as the primary lodging hub for Mesa Verde National Park's roughly 480,000 annual visitors.

Quick Answer: Cortez, Colorado is an active short-term rental market. average occupancy in the Colorado Area market area is 65%. average monthly revenue in the Colorado Area market area is $4,125. average daily rate in the Colorado Area market area is $244. the top operator in the Colorado Area market area is Evolve with 552 listings. market score is 67/100 (grade C).

Avg Monthly Revenue
$4,125
↑ 0.6% YoY
65%
Occupancy
↓ 0.2% YoY
$244
Avg Daily Rate
↑ 0.7% YoY
65 days avg lead time3.7 avg length of stay

Market data reflects the Colorado Area regional market, which includes Cortez. Regulations, taxes, and permit details below are specific to Cortez.

Market Score Breakdown

Five dimensions StaySTRA evaluates per market.

Regulation71
Seasonality70
Investability71
Rental Demand73
Revenue Growth64

Market Overview

Cortez is the commercial and lodging center of Colorado’s Four Corners region, with a population of approximately 9,059. Its STR market is anchored by proximity to Mesa Verde National Park, which drew 480,065 visitors in 2024, generating an estimated $59.5 million in nearby-community spending. Additional demand sources include Canyons of the Ancients National Monument, Hovenweep National Monument, San Juan National Forest, and the broader Four Corners archaeological circuit. A 2024 Montezuma County study estimated outdoor recreation and heritage tourism produce approximately $78.5 million in annual visitor spending and $100.7 million in total economic output countywide.

The market recorded 40.9% average occupancy and a $179 average daily rate in April 2026, yielding a RevPAR of $73.22. All three year-over-year metrics are positive: occupancy grew 2.5%, ADR rose 2.9%, and revenue increased 2.4%.

The active listing base totals approximately 11,109 units. Entire-place listings account for 10,381 (93% of inventory), with 723 private rooms and 5 shared-room listings. Bedroom distribution is balanced: 1-bedroom leads at 3,557 listings, followed by 3-bedroom (3,021), 2-bedroom (2,842), 4-bedroom (1,119), and 5-bedroom-plus (550). Dual-platform presence is strong: 5,581 listings appear on both Airbnb and VRBO, with 4,614 Airbnb-only and 914 VRBO-only.

Market scores are among the stronger in this batch: total score 66.7, investability 70.7, regulation 70.5, rental demand 73.3, revenue growth 64.4, and seasonality 69.7.

Seasonal Patterns

Monthly seasonal data for Cortez, Colorado
MonthOccupancy
Jan42%
Feb50%
Mar54%
Apr41%
May57%
Jun67%
Jul72%
Aug63%
Sep59%
Oct51%
Nov45%
Dec51%

Month-by-month nightly rates and revenue figures for Cortez are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Top Short-Term Rental Operators in Colorado Area market area

Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Colorado Area market as a whole, which includes Cortez, so these counts are not Cortez-only figures.

#OperatorListingsReviewsRating
1Evolve55235,001★ 4.77
2Vacasa21811,513★ 4.60
3Vacation Rental Collective1648,344★ 4.82
4Pinon Vacation1118,032★ 4.82
5VIP Vacation Services943,083★ 4.83

What Kind of STR Should I Buy in Cortez?

Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Cortez are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Booking Channel Mix

Distribution of bookings across major STR platforms.

Channel mix
ChannelShare
airbnb41.5%
vrbo8.2%
both50.2%

Investment Analysis

The full investment analysis for Cortez — gross-yield math against current home values, plus 5-year monthly revenue, nightly-rate, and occupancy trend charts — is available to StaySTRA Pro members and updates monthly. The figures shown elsewhere on this page are the free market snapshot.

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Home Value Trends (Cortez)

Typical home values, median sale prices, and the 10-year price trend for Cortez are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Booking Insights

Booking-window and length-of-stay analysis for Cortez — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Short-Term Rental Regulations

Cortez is governed by City of Cortez land use code and local tax ordinances rather than a comprehensive STR licensing scheme. Any STR operating within city limits must obtain a City of Cortez Sales Tax License, which costs $10 and is applied for through MuniRevs at cortez.munirevs.com.

On taxes, stays of 29 nights or fewer are subject to a 2% city Lodger’s (lodging) tax plus a 3.85% city sales tax, in addition to Colorado’s 2.9% state sales tax and applicable Montezuma County sales taxes. Airbnb collects the 3.85% city sales tax and 2% lodging tax on behalf of hosts on that platform.

No city-level owner-occupancy requirement, primary-residence requirement, or annual night cap was identified in the profile data. This is a relatively permissive, tax-focused regulatory environment rather than one with caps or operational restrictions.

The City of Cortez adopted a comprehensively updated Land Use Code on March 11, 2025, effective April 18, 2025. Short-term rentals may not be permitted in every residential zone district under this updated code. Prospective operators should confirm the permitted use for a specific parcel with the Cortez Planning and Zoning Division (970-565-3402) before listing. Enforcement is described as minimal. Colorado also passed HB24-1299, which affects how some STRs are classified for property-tax purposes statewide; operators should verify current classification with the Montezuma County Assessor.

Market Comparison

Cortez’s April 2026 occupancy of 40.9% is below the approximate US STR median of 55%, which is partly attributable to April being the market’s seasonal trough. Peak-month July at 72.4% occupancy is well above that median. The ADR of $179 is below the national median of roughly $220 but above many comparably sized small-city markets, reflecting the premium associated with gateway-to-Mesa-Verde positioning.

The total market score of 66.7 and investability score of 70.7 are above the mid-range for US STR markets. The revenue growth score of 64.4 and positive YoY metrics distinguish Cortez from many suburban Colorado markets showing flat or declining trends in the same data period.

Among professional operators, Evolve leads the Cortez area market with 552 listings and 35,001 reviews at a 4.77 average rating. Vacasa ranks second with 218 listings and 11,513 reviews at 4.60. Vacation Rental Collective holds third with 164 listings and 8,344 reviews at 4.82. Together these three operators account for 934 listings, approximately 8% of the estimated active market. Pinon Vacation (111 listings, 4.82 rating) and VIP Vacation Services (94 listings, 4.83 rating) round out the top five.

Frequently Asked Questions About Cortez, Colorado

What is the average occupancy rate for STRs in Cortez, CO?
Cortez STRs averaged 40.9% occupancy in April 2026, the market’s seasonal trough. Occupancy peaks in July at 72.4%, driven by Mesa Verde National Park visitation. All three YoY metrics were positive as of April 2026.
How much revenue can an STR generate in Cortez?
Across all listing types, Cortez short-term rentals average $4,125 per month. Breakdowns by property type, bedroom count, and season are available with StaySTRA Pro, or run a free address-level estimate with the StaySTRA Analyzer.
Do I need a license or permit to operate an STR in Cortez?
Yes. A City of Cortez Sales Tax License is required ($10, applied online through MuniRevs at cortez.munirevs.com). There is no city-level owner-occupancy requirement or night cap, but you must verify that your specific parcel’s zone district permits STRs under the April 2025 Land Use Code update.
What taxes apply to STRs in Cortez?
Stays of 29 nights or fewer are subject to a 2% city Lodger’s tax plus a 3.85% city sales tax, plus Colorado’s 2.9% state sales tax and Montezuma County sales taxes. Airbnb collects the city sales and lodging taxes on behalf of hosts on its platform.
What drives STR demand in Cortez?
Mesa Verde National Park is the primary driver, with approximately 480,065 visitors in 2024 generating about $59.5 million in nearby-community spending. Canyons of the Ancients National Monument, Hovenweep, and the broader Four Corners archaeology circuit generate additional demand. A 2024 Montezuma County study estimated countywide outdoor recreation and heritage tourism at $100.7 million in total economic output.
What is the average daily rate for Cortez STRs?
Cortez short-term rentals average $244 per night across all listing types. Nightly-rate breakdowns by property tier are available with StaySTRA Pro.
Who are the top STR property managers in the Cortez area?
Evolve leads with 552 listings and a 4.77 average rating. Vacasa ranks second with 218 listings (4.60 rating), followed by Vacation Rental Collective with 164 listings (4.82 rating), Pinon Vacation with 111 listings (4.82 rating), and VIP Vacation Services with 94 listings (4.83 rating).
Cortez, ColoradoRev $4,125ADR $244Occ 65%Score C (67)

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Table of Contents

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Quick Facts: Colorado Area market area

Avg Daily Rate
$244
Occupancy Rate
65%
Avg Revenue/Mo
$4,125
Cortez Population
9,059

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