Westminster, CO

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

132 / 285

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$44,295

Middle-Earners Revenue

Occupancy

71%

Middle-Earners Occupancy

Home Value

$520,025

Median Home Sale Price

Top Earners

$88,360

Top-Earners Revenue

Westminster

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Westminster.

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A

Very Investor friendly

Westminster Regulations

Westminster permits STRs citywide with a simple, low-cost license (free initial, $200 renewal), clear documentation and tax processes, and a single-property cap that doesn’t impose a cap market-wide; enforcement is straightforward and supportive, keeping investor risk low.

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About Westminster

Westminster, Colorado is a thriving suburban city situated in the Denver-Aurora-Lakewood Metropolitan Statistical Area. Located approximately 10 miles northwest of downtown Denver, Westminster offers a blend of suburban tranquility with convenient access to urban amenities. As of the most recent population estimates, Westminster is home to around 116,000 residents.

Westminster boasts several notable landmarks and attractions that make it appealing for short-term rentals. One such landmark is the Butterfly Pavilion, which is the first stand-alone, nonprofit invertebrate zoo in the United States. Visitors can explore a tropical rainforest filled with over 1,600 free-flying butterflies. More information can be found at Butterfly Pavilion.

Another key attraction is the picturesque Standley Lake Regional Park and Wildlife Refuge, a popular spot for various outdoor activities such as fishing, kayaking, and hiking. It provides stunning views of the Front Range Mountains. More details are available on the City of Westminster's official site.

Additionally, Westminster is home to the Westminster Promenade, a bustling entertainment district that features a variety of restaurants, shops, and entertainment options, including an AMC movie theater and an ice skating arena. More on the promenade can be accessed at Westminster Promenade.

Westminster’s strategic location, combined with its diverse attractions, make it a prime destination for travelers seeking short-term rentals. The city’s appealing mix of natural beauty, recreational opportunities, and proximity to major urban centers contributes to its attractiveness as a rental hotspot.

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