Airbnb & VRBO Performance in Aurora Colorado.

Short-Term Rental Regulations in Aurora, Colorado for 2024

Primary Residence Requirement

• The property being rented must be the host's primary residence, meaning the host must live in the property for at least 185 days of the year and be physically present during guest stays.

Business License

• Hosts must obtain a General Business License from the City of Aurora to operate a short-term rental. This involves providing personal and property information, proof of primary residence, and insurance coverage.

Display of Business License

• Hosts must prominently display their business license number on any rental listings for stays of 30 days or less.

Tax Requirements

• Hosts must collect and remit the city's lodger's tax (8%) and sales tax. This involves registering for a tax account with the city and keeping accurate records of rental income and expenses.

HOA and Zoning Compliance

• Hosts must comply with any additional regulations imposed by their homeowners' association (HOA) and zoning restrictions. Short-term rentals are allowed in residential zones but may be prohibited by HOAs.

Home Occupation Regulations

• Short-term rentals are considered home occupations, which means the rental activity must remain secondary to the residential use of the dwelling. Hosts must adhere to the Zoning Code and any stipulations set forth by the Aurora City Council.

Safety and Health Inspections

• The city conducts regular inspections of short-term rental properties to ensure compliance with safety and health regulations. Non-compliance may result in fines, penalties, or revocation of the business license.

Community and Legal Considerations

• Hosts are responsible for any impacts their guests have on the neighborhood, including noise or other nuisance violations. Tenant-landlord agreements may need to explicitly permit or restrict short-term rentals to protect both tenant rights and landlord interests.

Additional Requirements

• There are no limits on the number of days or the amount of the home that can be used for short-term rentals, but only one listing or booking at a time is allowed. The resident does not need to own the home but must comply with all applicable regulations.

Top Neighborhoods for Airbnb Revenue in Aurora, Colorado

1. Seven Hills

• This neighborhood is highly appealing due to its proximity to key attractions such as Southland Mall, Cherry Creek, and Quincy Reservoir. Guests praise the area for its cleanliness, fully equipped homes, and convenient access to groceries, restaurants, and shopping. The "Spacious & Stylish 3 Bedroom Home" in Seven Hills is a prime example, with a 4.98 out of 5 rating and 160 reviews.

2. Downtown Aurora and Surrounding Areas

• These areas are attractive because of their central location, offering easy access to Denver and various local amenities. Guests appreciate the modern townhouses and homes that are close to shopping centers like The Stanley Market Place and major medical centers like Anschutz Medical Center. The "Charming Townhouse in Aurora" and "Home in Aurora" listings highlight the neighborhood's charm and convenience, with high ratings and numerous reviews.

3. Greenwood Village

• Located near the Denver Tech Center (DTC), this area is popular for its luxurious and well-appointed condos. Guests enjoy the private yards, fully equipped kitchens, and proximity to major recreation trails and the Rocky Mountains. The "Greenwood Suite" and various condos in DTC are highly rated for their luxury and comfort.

4. Neighborhoods Near Children's Hospital and University Hospital Campus

• These areas are appealing due to their proximity to major medical facilities and public transportation. The "perfect, safe, cozy, private, apartment" near Children's Hospital and the VA is a favorite among guests, offering self-check-in, private laundry, and high-speed internet.

5. Residential Areas with Parks and Recreational Facilities

• Neighborhoods like those near Del Mar and Nome Parks are popular for their walking distance to trails, sport courts, fields, playgrounds, and recreation centers. Guests appreciate the comfortable and family-friendly environment these areas provide.

These neighborhoods are highly sought after due to their combination of convenient locations, modern amenities, and the overall comfort and cleanliness of the properties. They cater to a wide range of guests, from those seeking luxury and convenience to families and travelers looking for a comfortable and safe stay.

Furnishing and Design Tips for an Inviting Airbnb in Aurora, Colorado

Define Your Aesthetic and Audience

• Tailor your property's aesthetic to Aurora's unique blend of modern and natural elements, considering the local market and your target audience, such as families, business travelers, and adventure seekers.

Measure and Optimize Space

• Measure your rooms to determine the best layout, ensuring plenty of space to move around and unobstructed natural light sources.

Choose Timeless and Durable Furniture

• Select sturdy, easy-to-clean furniture that fits your theme. Opt for solid beds, storage beds for extra space, and mattresses that are at least 8 inches thick, preferably memory foam for durability.

Enhance with Smart Storage

• Use space-saving furniture like sofa beds, folding tables, and ottomans with hidden storage. Provide designated spots for guests' personal items, such as luggage racks and wall hooks.

Create a Welcoming Atmosphere

• Incorporate high-quality linens, cozy seating areas, and thoughtful decor. Use neutral colors for towels and bedding to ensure they can be bleached and maintain consistency.

Equip Essential Amenities

• Ensure the kitchen is well-equipped with essentials like a coffee maker, microwave, toaster, kettle, and basic cookware. Provide a hairdryer, basic toiletries, and a first-aid kit.

Utilize Mirrors and Lighting

• Use mirrors to make the space feel bigger and brighter. Ensure there are power sockets near mirrors for hair dryers and straighteners. Install good lighting and consider a desk lamp for work areas.

Incorporate Local Elements

• Reflect Aurora's local vibe by incorporating natural materials like wood and stone. Add local artwork and decor to enhance the guest experience.

Ensure Comfort and Functionality

• Provide comfy, lightweight chairs that are sturdy enough to support various weights. Opt for sofas with washable covers and consider a sofa bed to increase guest capacity.

Prioritize Guest Comfort and Safety

• Install smoke detectors, carbon monoxide detectors, and a first aid kit. Consider making your Airbnb accessible to guests with disabilities by adding features like ramps and grab bars in bathrooms.

Leverage Outdoor Spaces

• If applicable, highlight outdoor spaces such as patios or gardens, which are highly sought after by guests in Aurora. Ensure these areas are well-maintained and inviting.

Maintain Consistency and Quality

• Ensure all white items, such as linens and towels, are from the same brand to maintain consistency. Use durable materials for dining tables and chairs, and dress them up with tablecloths and decor.

Support Business Travelers

• Provide a sturdy desk, a comfy chair, good lighting, and easy access to power outlets. High-speed internet and a Wi-Fi booster (if necessary) are crucial for business travelers and digital nomads.

Practical Tips to Run a Successful Short Term Rental Business in Aurora, Colorado

To ensure a smooth and successful short-term rental business in Aurora, Colorado, several practical tips can be implemented:

Noise Regulations and Guest Communication

Inform your guests about quiet hours and noise regulations to maintain a harmonious relationship with the neighborhood. Include this information in your rental listing and reinforce it in your house manual to avoid any potential issues.

Comprehensive House Manual

Create both digital and physical house manuals that include essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This will help guests navigate the property easily and reduce the need for frequent inquiries.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with clear instructions on how to access the property, along with photos of the lock and any other relevant entry points.

Parking Instructions

Include detailed parking instructions with photos in your house manual to help guests understand where they can park and any specific rules or restrictions. This can prevent parking-related issues and ensure a hassle-free stay for your guests.

By adhering to these tips, you can enhance the guest experience, reduce potential conflicts, and maintain compliance with Aurora's regulations, ultimately contributing to the success of your short-term rental business.

Here is a brief list of house cleaning providers in Aurora, Colorado:

House Cleaning Services in Aurora, CO

1. Molly Maid of Aurora and Southeast Denver

• Offers customized cleaning plans, no contracts, and a 24-hour warranty.
• Provides a range of effective cleaning services using modern tools and equipment.

2. 5280 House Cleaning

• Fully insured and bonded, known for thorough and detailed cleaning.
• Offers fixed price fees for regular weekly and 2-week customers.

3. CottageCare House Cleaning

• Provides eco-friendly house cleaning services, flexible scheduling, and a 100% money-back guarantee.
• Covers areas such as bathroom, kitchen, furniture, carpet, and hard surface floors.

4. Merry Maids

• Backed by 40 years of experience, offers expert cleaning services to help reclaim your time.
• Tackles every room of your house to ensure a clean and healthy home.

5. Local Independent Cleaners

• Various independent house cleaning services listed, with an average rate of $22/hr and an average experience of 3 years.
• Rated 4.4 out of 5 stars based on 65 reviews.

Aurora, Colorado: Understanding Short-Term Rental Management Fees

In Aurora, Colorado, the fees for managing short-term rentals can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes comprehensive tasks such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often falling between 20% to 30% of the rental income. In contrast, basic services that may only include rent collection and minimal oversight could cost less, around 10% of the rental revenue. Additionally, hosts may incur extra fees for services like cleaning, repairs, or design enhancements, which can further impact the overall cost of management.