Monument, Colorado Short-Term Rental Market
Monument, CO short-term rentals averaged $237 a night at 77.8% occupancy in June 2026, one of the highest rates tracked.
Quick Answer: Monument, 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 $5,009. average daily rate in the Colorado Springs market area is $237. the top operator in the Colorado Springs market area is Renjoy with 232 listings. market score is 55/100 (grade D).
Market data reflects the Colorado Springs regional market, which includes Monument. Regulations, taxes, and permit details below are specific to Monument.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
Monument, CO is a Front Range town of 12,088 residents in the Tri-Lakes area between Denver and Colorado Springs, part of the broader Pikes Peak region. Listing-level inventory counts, bedroom mix, channel mix, and market-score benchmarks in this data set are currently tracked at a shared regional level rather than measured uniquely for Monument, so this profile omits those figures rather than present regional numbers as if they were Monument-specific.
In the most recent month of data (June 2026), the average daily rate across all listings was $236.94 and average occupancy was 77.84%, one of the highest occupancy rates in this data set. Average monthly revenue per listing was $5,009, with standalone houses averaging $5,430 a month and entire-place listings averaging $5,416, both well ahead of the $3,365 average for apartment-style listings.
Year over year, occupancy edged up 0.5 percentage points and revenue per listing rose 1.4%, even as average daily rate slipped 3.1%.
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 Monument are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Colorado Springs market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Colorado Springs market as a whole, which includes Monument, so these counts are not Monument-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Renjoy | 232 | 15,844 | ★ 4.65 |
| 2 | Hoste, LLC | 138 | 8,755 | ★ 4.56 |
| 3 | nestago | 106 | 7,067 | ★ 4.68 |
| 4 | Evolve | 100 | 4,866 | ★ 4.76 |
| 5 | Five Star BnB | 54 | 17,973 | ★ 4.90 |
What Kind of STR Should I Buy in Monument?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Monument 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 | Share |
|---|---|
| airbnb | 46.6% |
| vrbo | 5.2% |
| both | 48.2% |
Home Value Trends (Monument)
Typical home values, median sale prices, and the 10-year price trend for Monument 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 Monument — 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
Monument takes a light-touch, business-friendly approach to short-term rentals. There is no comprehensive STR ordinance at the town level, and surrounding El Paso County likewise has no codified STR ordinance for a principal dwelling. The core requirement is a Town of Monument business license from the Town Clerk, since STRs are treated as a standard business activity; the exact fee was not published in the sources reviewed.
There are no owner-occupancy or primary-residence requirements, no annual night caps, and no STR-specific occupancy or density limits. Operators should confirm their property’s zoning district permits the use, and STRs in accessory structures within unincorporated county areas around Monument need separate El Paso County zoning approval under the county’s Land Development Code.
On taxes, Colorado’s 2.9% state sales tax plus local rates apply to stays of 29 nights or fewer, and Monument’s combined sales tax rate runs about 7.63% (2.9% state, 3.5% town, and county). Some secondary STR guides cite an additional 4.5% Monument lodging tax, but that could not be confirmed against a primary town or state source in this data set and should be verified directly with the Town Clerk or Colorado Department of Revenue. Enforcement is rated minimal and complaint-driven, with noise and parking issues routed to the El Paso County Sheriff’s Office.
Market Comparison
Monument’s 77.84% average occupancy in the latest month runs well above the roughly 55% median occupancy typically seen across the broader US short-term rental market, and its $236.94 average daily rate sits above the roughly $220 national median, together pointing to one of the stronger demand markets in this data set.
Property manager rankings and total listing counts for this market are tracked at a shared regional level rather than distinctly for Monument, so this profile omits a market-specific operator breakdown rather than present shared data as Monument-specific.
Frequently Asked Questions About Monument, Colorado
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Are short-term rentals legal in Monument, CO?
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