Casper, Wyoming Short-Term Rental Market Overview

Population: 59,038
Annual Visitors: 746,310
Total STRs: 307
ADR: $134.22

Visitor Profile

Visitors to Casper, Wyoming, are typically outdoor enthusiasts, history buffs, and adventure seekers eager to explore the American West. They are drawn to the region’s scenic mountain trails, world-class fly-fishing, and recreational activities that provide an authentic Western experience. Many visitors are also interested in exploring the area’s rich history, which is vividly showcased at attractions like the National Historic Trails Interpretive Center, where hands-on exhibits capture the daring journeys of pioneers. Whether seeking outdoor adventure, cultural insights, or a taste of Western heritage, these travelers value unique experiences and local authenticity, making Casper a compelling short-term rental destination for diverse tourist profiles.

Top Attractions

Casper, Wyoming, is a captivating destination steeped in history and outdoor adventure. Visitors are drawn to its rich Old West heritage, exemplified by attractions like the Wyoming Veterans Memorial Museum and the National Historic Trails Interpretive Center, which illuminate the city’s pioneering past. For nature enthusiasts, Casper offers abundant opportunities to explore scenic landscapes—from the hiking trails and lookout points atop Casper Mountain to activities on Alcova Reservoir such as kayaking, jet skiing, and sunset cruises. During winter, the city transforms into a snowy wonderland, perfect for skiing, snowboarding, snowshoeing, and ice skating, making it an all-year-round destination for outdoor recreation. The city’s vibrant festivals, rodeos, and local events also create a lively atmosphere, inviting travelers to experience the true spirit of Wyoming’s Wild West.

Besides outdoor pursuits, Casper boasts a dynamic cultural scene and unique attractions like Hell’s Half Acre, a mysterious and historic geological site. Art lovers can enjoy local galleries, theatres, and the ART 321 studio, while history buffs can immerse themselves in the area’s storied past through guided tours and museums. Whether you’re exploring its rugged trails, sliding down snowy slopes, or enjoying its lively community festivals, Casper presents a diverse tapestry of experiences that promise adventure, history, and authentic Western charm at every turn.

Regulations

Casper, Wyoming, has established a regulatory framework for short-term rentals aimed at ensuring compliance with local zoning laws, safety standards, and tax obligations. Hosts entering this market can expect requirements related to licensing, occupancy, and property use that reflect the city’s approach to balancing community interests with the benefits of short-term lodging. While the regulations emphasize administrative clarity, prospective hosts should prepare to meet specific procedural and operational standards that safeguard both guests and neighbors.

Key Regulatory Considerations:

– Licensing and Permits: Short-term rental operators in Casper must obtain a permit issued by the city’s relevant department, typically the Planning and Development Department. This permits process involves an application with associated fees, periodic renewal requirements, and adherence to city codes.

– Primary Residence and Property Use: Regulations often stipulate whether the property must be a primary residence or if non-owner-occupied rentals are allowed. Hosts should verify local ordinances for any limits on rental days or rules tied to owner presence.

– Zoning and Location: Short-term rentals in Casper are subject to zoning ordinances which may restrict rentals in certain residential districts or impose conditions such as density limits or distance requirements from other rentals.

– Occupancy and Health & Safety Standards: Occupancy limits are typically defined to avoid overcrowding. Hosts must comply with health and safety regulations including installation of smoke detectors, carbon monoxide alarms, and fire extinguishers, ensuring guest safety.

– Tax Obligations: Hosts are responsible for collecting and remitting any applicable Wyoming state and Casper city transient occupancy taxes or lodging taxes. Proper registration and tax reporting are mandatory.

– Operational Standards and Enforcement: Rules concerning noise, guest behavior, advertising transparency, and maintenance standards are enforced to minimize neighborhood disruption. Noncompliance can result in fines or permit revocation.

For the most current and legally binding information, property owners should consult the City of Casper’s Official STR Regulations Page. This resource provides authoritative details on permit applications, zoning maps, and specific ordinances governing short-term rentals in Casper, Wyoming.

Casper, Wyoming Market Performance Trends

LTM Avg. Daily Rate$141.00
LTM Occupancy Rate58.6%
LTM Avg. Revenue$1,786

Casper, Wyoming Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:62.9% Booked
  • 4-6 Months:49.7% Booked
  • 7-9 Months:39.3% Booked
  • 10-12 Months:3.3% 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

Casper, Wyoming Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Guest Rating Highlights

  • Overall Rating:4.86 / 5
  • Cleanliness:4.92 / 5
  • Location:4.88 / 5
  • Value:4.87 / 5
  • Accuracy:4.93 / 5
  • Check-in:4.97 / 5
  • Communication:4.98 / 5

More Locations In Wyoming

No other locations currently listed in this area.

More Locations In Wyoming

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