Short-term rentals (STRs) are a popular way for homeowners to generate income in Summit County, but they come with specific regulations that vary by town and unincorporated areas. If you're considering buying a property for short-term rental or currently own one, it's essential to stay up to date on the latest rules and restrictions.
Why Are Short-Term Rentals Regulated?
Summit County and its towns regulate STRs to balance tourism with the needs of full-time residents. Regulations help manage housing availability, ensure safety, and address concerns like noise and parking. Each area in Summit County has its own set of rules, so understanding them before purchasing a property or listing it on platforms like Airbnb and VRBO is crucial.
Short-Term Rental Regulations by Area
Unincorporated Summit County
Unincorporated Summit County regulates STRs based on different basins, which may have varying rules and restrictions. A waitlist system for STR licenses is expected to be introduced soon. Key regulations include occupancy limits, licensing requirements, and potential caps on the number of STRs allowed in certain neighborhoods. 📌 More info: Summit County STR Information
Breckenridge
Breckenridge has some of the strictest STR regulations in Summit County, including a cap on the number of rental licenses issued. The town has different license types depending on where a property is located, with designated resort zones having fewer restrictions than residential areas. 📌 More info: Town of Breckenridge STR Regulations
Frisco
Frisco requires all STRs to be licensed, with limits on the number of guests based on bedroom count. The town also enforces a "Good Neighbor" policy to address noise and parking issues. Frisco’s short-term rental licenses are limited to 25% of the residential housing units in Frisco, allowing a maximum of 900 STR licenses currently. There is currently a small waitlist. 📌 More info: Town of Frisco STR Guidelines
Keystone
Keystone is a newly incorporated town that allows 100% short-term rentals with a license. 📌 More info: Keystone STR Information
Copper Mountain
Copper Mountain is zoned as a resort under unincorporated Summit County and allows 100% short-term rentals with a license. 📌 More info: Summit County STR Information
Silverthorne
Short-term rentals in Silverthorne are restricted by designated areas with room for growth:
- Area 1: 10% of the number of units in the majority of town neighborhoods.
- Area 2: 50% of the number of units within the Town Core and Riverfront.
- Area 3: Deed-Restricted – STRs not allowed. 📌 More info: Silverthorne STR Rules
Dillon
Short-term rentals are allowed in Dillon with a license. Regulations may vary, so it's essential to check for updates regularly. 📌 More info: Town of Dillon STR Program
What You Need to Know Before Renting Your Home
- Licensing: Nearly all towns require an STR license, which must be renewed annually.
- Occupancy Limits: Most areas limit the number of guests per bedroom.
- Taxes & Fees: Expect to pay local lodging taxes in addition to state and county taxes.
- HOA Rules: Even if a town allows STRs, your HOA may have its own restrictions.
- Enforcement & Penalties: Failing to comply can result in fines, loss of rental privileges, or legal action.
Future Changes & Staying Up to Date
Short-term rental regulations are frequently updated as towns evaluate their housing needs and community impact. Before purchasing a home with the intent to rent, check with the appropriate town or county office to confirm the latest rules.
Disclaimer:
STR regulations in Summit County are subject to change. This blog post provides an overview based on currently available information, but it is always recommended to review official government sources or consult with a local expert before making any decisions regarding short-term rentals.
Have questions about buying a property for short-term rentals in Summit County? Let’s connect! I can help you navigate the latest regulations and find the right investment for your goals.