LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,527
Monthly Cash Flow
-$2,512
Principal + Equity
$4,953
Annual Total Gain
$29,298
Cash on Cash
-12.71%
Net ROI %
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A
Overall
Top-level market grade
Healthiest Cities in America
#8out of 229 markets
Healthiest Places to Live in America
#8out of 230 markets
Cities with the Best Public Schools in America
#13out of 229 markets
A
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Boulder, CO.
In Boulder, CO, Short Term Rentals (STRs) are regulated by the city government. Here are some key regulations that an investor should be aware of before purchasing a property for STR purposes:
1. Licensing: All STRs in Boulder must be licensed by the city. This includes obtaining a Short Term Rental License and paying an annual fee. The property must also comply with all building and safety codes.
2. Zoning: STRs are only allowed in certain zoning districts in Boulder. Investors should check the zoning regulations for the specific property they are interested in to ensure that it is eligible for short term rentals.
3. Occupancy limits: There are occupancy limits for STRs in Boulder, which vary depending on the size of the property. Investors should be aware of these limits and ensure that they are not exceeded.
4. Noise and nuisance regulations: STRs in Boulder must comply with noise and nuisance regulations to ensure that they do not disturb neighbors. Investors should be aware of these regulations and take steps to mitigate any potential issues.
5. Taxes: STRs in Boulder are subject to lodging taxes, which must be collected and remitted to the city. Investors should be aware of these tax obligations and ensure that they are in compliance.
6. Insurance: Investors should also consider obtaining appropriate insurance coverage for their STR property, including liability insurance and coverage for damage caused by guests.
Overall, investors should thoroughly research and understand the regulations and requirements for STRs in Boulder before purchasing a property for short term rental purposes. Failure to comply with these regulations could result in fines or other penalties.
Market Trends Over Time
Explore 25 years of market data for Boulder, CO, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Boulder, CO.
The LTR Genie Score of Boulder, CO is 48, indicating a moderate level of rentability for long-term rental properties in the area. This is likely influenced by the low 1-year price appreciation forecast of -0.8% and the modest LTR rent growth rate of 0.0444%. On the other hand, the STR Genie Score is 61, suggesting a higher level of rentability for short-term rental properties. This is supported by the higher STR Net ROI of 16.32% and the strong STR occupancy rate of 76.67.
Boulder, CO is known for its strong economy, outdoor recreational opportunities, and highly educated population. The city is home to the University of Colorado Boulder, which can attract a steady stream of potential tenants for both long-term and short-term rental properties.
Given the higher STR Genie Score and the potential for strong rental revenue from short-term rentals, Boulder, CO may be more attractive for short-term rental investment. However, investors should carefully consider factors such as regulations on short-term rentals in the area and the seasonality of the market before making a decision. Ultimately, a diversified portfolio that includes both long-term and short-term rental properties may be a wise strategy in this market.
LTR Genie Score 93
$242,247
🛏 2 Beds🛁 2.0000 Baths🏙 1,034 sqft.🏠 SINGLE FAMILY
