This chart from AirDNA shows the average daily rate for short-term rentals in Ouray and Ridgway has generally increased since 2019. Daily rates spiked in Ouray reached their high point in the summer of 2021, while rates in Ridgway have grown more gradually over the last four years. Graphic courtesy AirDNA
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Post-pandemic, rentals still booming
In recent months, the state legislature and local governments across Colorado have debated enacting tax increases and new license rules to regulate short-term rentals. Affordable housing availability is at the center of the movement, with some demanding to preserve long-term rentals for the workforce.
