Montrose, CO

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Montrose short-term rental market based on reliable data.

Listings

224 / 421

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$27,093

Middle-Earners Revenue

Occupancy

65%

Middle-Earners Occupancy

Home Value

$460,408

Median Home Sale Price

Top Earners

$47,540

Top-Earners Revenue

Montrose

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Montrose.

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B

Generally Investor friendly

Montrose Regulations

Montrose explicitly allows short‑term rentals citywide and county‑wide with clear, defined registration pathways (city sales‑tax licensing; county STR registration valid 3 years for $90). Compliance requires insurance, safety standards, local contact, neighbor notification, noise cutoffs, and standard tax collection, but caps are tied to septic capacity rather than numeric limits and enforcement is complaint‑based. Overall the regulatory framework is straightforward and manageable for investors, but not as laissez‑faire as an A.

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About Montrose

Montrose, Colorado, is a growing city situated in the Western Slope region of the state. With a population of approximately 20,000 residents, Montrose offers a small-town atmosphere while providing access to a range of amenities and natural attractions. The city is approximately 65 miles south of Grand Junction, providing connectivity to a more substantial urban center while maintaining a distinct, vibrant identity.

Montrose is well-known for its proximity to a number of notable landmarks and attractions that make it appealing for short-term rentals. One of the primary draws is the Black Canyon of the Gunnison National Park, a dramatic canyon known for its steep cliffs and breathtaking vistas. For more information, you can visit the National Park Service site here.

Another significant attraction is the Montrose Botanic Gardens, which offers a serene environment showcasing native plants and meticulously maintained gardens. More information can be found here.

Furthermore, Montrose is a gateway to a wealth of outdoor activities, including hiking, fishing, and skiing in the nearby San Juan Mountains. The city's historical charm is complemented by its vibrant main street, featuring a variety of shops, restaurants, and cultural venues like the Ute Indian Museum, which explores the rich heritage of the Ute tribes native to the region. Details on the museum can be found here.

Overall, Montrose's combination of scenic beauty, outdoor recreation, and cultural landmarks makes it an appealing location for short-term rentals, attracting visitors who wish to experience Colorado's diverse offerings.

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