According to Airbnb data, the city
of Boulder, Colorado currently has a population of approximately 107,125, a
metro population of 313,000, and tourist visitors of about 3.3 million
annually. The average housing price is $850,000 and average rentals rates for a
1 bedroom is $1,500. The number of Airbnb listings available is 1,258, average
nightly rental of $210, average occupancy of 75% and an average monthly rental
income of $4,725.
Boulder allows short-term Airbnb rentals of less than 30 days per stay for
legal accessory dwelling units (ADUs) and primary residences. Primary
residences are occupied for a minimum of 6 months and the ADUs are rented for a
maximum of 120 days a year. Anyone considering to be an Airbnb host must
acquire a short-term rental license for $130, renewed every four years. For
housing eligibility, documentation such as driver’s license must be provided,
including your short-term license on your listing,
meet the Boulder building, and housing standards and also abide by the
contracts such as leases etc. To be able to operate your listings as a host,
you should provide contact information for safety and have operable smoke
detectors, carbon monoxide detectors, and fire extinguishers in each listing. A
7.5% accommodation tax should also be paid.
Property owners can’t rent both ADUs and primary residences at the same time,
only one short -term license can be obtained. Tenants can’t acquire a
short-term rental license and aren’t allowed to sublease rooms. Tenants pay an
occupancy tax of approximately 11 % during booking. The maximum number of
guests allowed in primary residences and ADUs is two at once.
Airbnb and Short-Term Rental Regulations for Boulder
