Green Mountain Falls, Colorado Short-Term Rental Market
Green Mountain Falls, CO caps short-term rental licenses at 60 town-wide, with a waitlist once full.
Quick Answer: Green Mountain Falls, Colorado is an active short-term rental market. average occupancy in the Colorado Springs market area is 78%. average monthly revenue in the Colorado Springs market area is $5,011. average daily rate in the Colorado Springs market area is $237.
Market data reflects the Colorado Springs regional market, which includes Green Mountain Falls. Regulations, taxes, and permit details below are specific to Green Mountain Falls.
Market Overview
Green Mountain Falls is a tiny mountain resort village of about 638 people at roughly 7,800 feet elevation, at the base of Pikes Peak between Colorado Springs and Woodland Park. The town caps total short-term rental licenses at 60 town-wide; once that cap is reached, new applicants go on a first-come, first-served waitlist, a real constraint on new investor supply. StaySTRA tracks Green Mountain Falls’ short-term rental performance data at a shared regional level with nearby Palmer Lake, so the figures below describe that regional Colorado Springs-area mountain-town market rather than Green Mountain Falls alone. That regional market averaged a $237.21 ADR and 77.9% occupancy in June 2026, the most recent month tracked, producing $184.70 RevPAR and $5,011 in average monthly revenue. Year over year, occupancy is up 0.5%, ADR is up 2.4%, and revenue is up 1.4%, a modest but positive trend. The market has grown substantially since 2017, when it averaged 56.7% occupancy and a $121 ADR; by 2025 those figures had climbed to 63.5% occupancy and a $179 ADR. Demand is driven by hiking (Catamount and Crystal Falls trails), the town’s Gazebo Lake centerpiece, and proximity to Pikes Peak, about 9 minutes from the town’s entrance, with peak demand in summer and fall foliage season.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 48% |
| Feb | 57% |
| Mar | 66% |
| Apr | 61% |
| May | 70% |
| Jun | 80% |
| Jul | 82% |
| Aug | 73% |
| Sep | 65% |
| Oct | 62% |
| Nov | 56% |
| Dec | 59% |
Month-by-month nightly rates and revenue figures for Green Mountain Falls 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 Green Mountain Falls — 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
Short-term rentals, stays of 30 days or less, are legal in Green Mountain Falls but require two town licenses obtained before advertising or renting: a Town Business License ($75 initial, $75 annual renewal) and a property-specific Short-Term Rental License. Each rental property needs its own STR license, though one business entity can hold several, up to the town’s overall cap. The STR license is prorated in year one, from roughly $500 if issued in January down to about $41.63 in December, and renews annually at $250 per property. Applications go through the MUNIRevs portal and must be submitted about 60 days before operating; a Colorado Department of Revenue sales tax license is a prerequisite. The town caps total STR licenses at 60, with a first-come waitlist once full. STRs may operate in any residential zone, not in commercial space. On taxes, operators must collect and remit a combined 8.13% sales tax (2.9% state, 1.23% El Paso County, 3% town, 1% special district) plus a flat Town Lodging Occupation Tax of $4.50 per room night, remitted quarterly via MUNIRevs with a 15% late penalty. There is no owner-occupancy or primary-residence requirement and no annual night cap. Applications trigger a mailed neighbor-notification letter with a 15-day comment period, and violations can bring fines and license suspension or revocation through Municipal Court. Enforcement is classified as moderate.
Market Comparison
Nationally, short-term rentals typically run around 55% occupancy and a $220 ADR. This shared Green Mountain Falls/Palmer Lake regional market’s June 2026 figures, 77.9% occupancy and a $237.21 ADR, run well above both national benchmarks, reflecting strong Front Range weekend-getaway demand and a small, license-constrained supply. Property manager market share and per-listing-type performance data are not yet published for this area, so a direct comparison to competing operators or unit types is not possible here. Green Mountain Falls’ hard 60-license town-wide cap is the market’s defining competitive feature: unlike markets where the constraint is demand, new supply here is capped by town policy, so any competitive analysis needs to start with confirming remaining license availability rather than market saturation.
Frequently Asked Questions About Green Mountain Falls, Colorado
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