Performance indicators for the Monument short-term rental market based on reliable data.
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The highest-performing listings in Monument.
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Very Investor friendly
Monument has very investor-friendly STR regulations with clear citywide permission, minimal compliance requirements (basic business license), and no meaningful caps or occupancy limits. The regulatory framework is described as 'business-friendly' and 'relatively permissive' compared to other jurisdictions, with a simple 3-5 day approval process and no specific STR ordinances that would deter investment.
Local STR Agent
STR specialist · Monument, CO
Monument, Colorado, is a small but appealing town located in El Paso County. With a population of approximately 8,000 residents, this quaint town offers a suburban feel with a close-knit community atmosphere. Monument is situated about 50 miles south of Denver, making it a feasible option for those looking to stay away from the hustle and bustle of the city while remaining in proximity to an urban center.
The town is known for its picturesque landscapes, outdoor activities, and historical significance. Various landmarks make Monument a notable destination. For instance, Monument Rock https://www.alltrails.com/trail/us/colorado/monument-rock-trail is a popular hiking spot offering impressive geological formations and scenic views. Additionally, the Monument Lake https://www.monumentlakeandcountryclub.com/ is another appealing landmark where visitors can enjoy fishing, kayaking, and scenic picnics by the water.
Monument's strategic location near Pikes Peak https://www.visitpikespeak.com, a prominent Colorado landmark, adds to its appeal, providing an array of adventure sports and sightseeing opportunities. For those interested in history, the town itself has a historical district that showcases buildings dating back to the late 19th century.
With its proximity to Denver and rich local attractions, Monument presents an attractive option for short-term rentals, combining the tranquility of a small town with convenient access to major city amenities.