Mountain West9.5% avg cap rate

Breckenridge, CO

Colorado ski country - world-class winter and summer ROI

Breckenridge is one of the top-performing STR markets in the country by RevPAR. A world-class ski resort with 187 trails and summer hiking and mountain biking creates genuine two-season demand. Properties within walking distance of Main Street or the gondola carry significant premiums. Short-term rental licensing is required through Summit County.

9.5%
Avg Cap Rate
Net operating income / price
67%
Avg Occupancy
Annual average
$580
Avg Nightly Rate
All property types
$895K
Avg List Price
STR-viable properties

Estimated Annual Performance

Gross rental revenue
67% occ × $580/night
$141,839
Est. operating expenses
Mgmt, cleaning, supplies, insurance (~40%)
- $56,736
Est. net operating income
Before mortgage & depreciation
$85,103
At $895K avg price
Implied cap rate
9.5%

* Estimates based on market averages. Individual property performance varies. Always run a full underwriting analysis.

Why Investors Choose Breckenridge

One of highest RevPAR STR markets in the US
True dual-season: ski winter + hiking/biking summer
Walk-to-gondola premium of 40-60% on nightly rate
Summit County STR license required - limits supply
Peak season: Dec - Mar (ski), June - Aug (summer)
Top property types: Condo, Townhouse, Single Family, Ski-in/Ski-out
Primary zip: 80424

Breckenridge STR investing, answered

Is Breckenridge, CO a good short-term rental market?

Breckenridge is a Mountain West STR market averaging a 9.5% cap rate, 67% annual occupancy, and $580/night across STR-viable listings. Breckenridge is one of the top-performing STR markets in the country by RevPAR. A world-class ski resort with 187 trails and summer hiking and mountain biking creates genuine two-season demand. Properties within walking distance of Main Street or the gondola carry significant premiums. Short-term rental licensing is required through Summit County.

What is the average Airbnb occupancy rate in Breckenridge?

STR-viable properties in Breckenridge average about 67% occupancy across the year. Peak season is Dec - Mar (ski), June - Aug (summer). Occupancy here reflects availability-adjusted booking performance, not raw calendar occupancy, so it represents what a full-time operated rental can realistically achieve.

How much do short-term rentals earn in Breckenridge?

At $580/night and 67% occupancy, a typical Breckenridge STR grosses roughly $141,839 per year before expenses, leaving an estimated $85,103 in net operating income against a $895K average price, an implied 9.5% cap rate. Individual results depend on property, amenities, and management.

What types of properties work best for STR in Breckenridge?

The strongest-performing STR property types in Breckenridge are Condo, Townhouse, Single Family, Ski-in/Ski-out. One of highest RevPAR STR markets in the US. Matching the local guest profile and the amenities that drive bookings in this market matters more than raw square footage.

What is the median STR-viable home price in Breckenridge?

STR-viable listings in Breckenridge average around $895K. Primary STR ZIP codes include 80424. Combined with the market's 9.5% average cap rate, that price level sets the return baseline you'd underwrite against.

Market averages, not guarantees. Cap rates, occupancy, and nightly rates are market-wide averages based on active STR listings and historical data. Individual property performance depends on location, amenities, management, and listing quality. Always run a full underwriting analysis before purchasing.

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