Laramie, Wyoming

Everything You Need to Know About Owning a Short Term Rental in Laramie, Wyoming

Owning and managing a vacation rental in Laramie, Wyoming is no small feat! From average
annual revenue to taxes and regulations on short term rentals in Laramie this guide has got you covered.

In Laramie, Wyoming, short-term rentals are thriving, offering a wide range of fully furnished and amenity-rich options, with stable occupancy rates and competitive pricing, making it an attractive destination for various types of travelers.

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Laramie, Wyoming STR Market by the Numbers

The vacation rental market in Laramie is on fire! Here’s what our data says on how much Airbnb’s in Laramie can earn on average.

General Rental Data

Average Annual Revenue
$
205824
Average Daily Rate
$
210
Average Occupancy
52
%
Average Property Management Fees
10%-30%

Daily rates

1 Bed Average Daily Rate
$
147
2 Bed Average Daily Rate
$
189
3 Bed Average Daily Rate
$
273
4 Bed Average Daily Rate
$
388

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Airbnb Regulations & Taxes in Laramie, Wyoming

Short-Term Rental Market in Laramie, Wyoming (2026)

Granular market data for Laramie, Wyoming remains limited as of 2026, as smaller and emerging short-term rental markets are not consistently captured by major data providers like AirDNA. However, broader Wyoming trends suggest continued demand for vacation rentals, particularly in markets offering unique experiences, scenic appeal, or proximity to established tourist destinations.

Through 2025–2026, the Wyoming short-term rental market has seen modest ADR growth of 3–5% industry-wide, partially offset by occupancy compression as supply has continued to expand. Operators in markets like Laramie should evaluate hyperlocal factors — seasonality, regulatory environment, and competing accommodation supply — before making investment decisions.

Market estimates as of 2026. Conditions vary; consult local operators for current data.

Short-Term Rental Regulations in Laramie, Wyoming for 2026

While Laramie, Wyoming, does not have specific regulations solely for short-term rentals that are separate from its general rental housing code, there are several key points and regulations that affect short-term rentals:

General Rental Housing Code Applicability

  • The Laramie Rental Housing Code, established by Enrolled Ordinance No. 1802, applies to all rental properties, including those used for short-term rentals. This code requires registration of rental housing, sets minimum habitability standards, and establishes a complaint resolution process.

Registration Requirements

  • All rental properties, including short-term rentals, must be registered with the City of Laramie. This involves completing an online application and paying a processing fee of $20/year per dwelling unit.

Habitability Standards

  • Properties must meet minimum habitability criteria, including structural integrity, plumbing, heating, weatherproofing, security, electrical systems, appliances, pest control, egress/emergency access, and mold prevention.

Complaint Resolution Process

  • Tenants must notify landlords in writing of any alleged code violations before filing a complaint with the city. The complaint process is detailed in Laramie Municipal Code 8.80.040.

State and Local Context

  • Wyoming state regulations prohibit short-term rentals (rentals under 27 days) in residential districts, with some exceptions. However, enforcement is primarily complaint-based, and local regulations may vary.

Licensing and Fees

  • While there is no specific short-term rental license, all rental properties must obtain a Rental Housing License. The application includes a nominal fee and completion of a Rental Housing Habitability Checklist.

Enforcement

  • Enforcement of the rental housing code is primarily through a complaint process rather than proactive inspections by the city.

In summary, while Laramie does not have distinct short-term rental regulations, the general rental housing code applies to all types of rentals, ensuring minimum standards and a registration process.

Regulatory information last reviewed for accuracy in 2026. Local STR ordinances change frequently — verify current rules with the city or county before listing.

Top Airbnb Revenue-Generating Neighborhoods in Laramie, Wyoming

1. Historic Downtown Laramie

  • Appeal: This area is highly attractive due to its proximity to restaurants, cafes, bars, and local attractions. Guests can walk or bike to everything Laramie has to offer, including the University of Wyoming (UWYO) and the historic downtown district.
  • Revenue Potential: Properties in this area, such as the "Old Town Laramie Penthouse" and "Historic 2nd Floor Downtown Apartment," tend to have high occupancy rates and positive reviews, indicating strong revenue potential.

2. University of Wyoming Area

  • Appeal: Neighborhoods near the University of Wyoming are popular due to their convenience for students, faculty, and visitors. Properties like the "Lewis House--Upper Level" and "Cottonwood Cottage" offer easy access to the university and local amenities.
  • Revenue Potential: The high demand from students and university-related visitors ensures a steady stream of bookings, contributing to significant Airbnb revenue.

3. Tree Area

  • Appeal: This charming neighborhood is known for its historic homes and tree-lined streets. Properties such as the "Cottonwood Cottage" offer a blend of vintage features and modern comforts, making them appealing to guests seeking a unique experience.
  • Revenue Potential: The area's charm and proximity to downtown Laramie make it a favorite among travelers, leading to consistent bookings and revenue.

4. Snowy Range Ski Area Proximity

  • Appeal: Neighborhoods close to the Snowy Range Ski Area attract winter sports enthusiasts. Properties like the "Old Town Laramie Penthouse" highlight their proximity to ski areas, making them appealing for seasonal visitors.
  • Revenue Potential: The seasonal demand for ski accommodations ensures a high occupancy rate during the winter months, generating substantial revenue.

5. Family-Friendly Neighborhoods

  • Appeal: Areas with family-friendly rentals, such as those offering dedicated workspaces and pet-friendly amenities, attract families and long-term visitors. Properties like the "Charming and spacious boho haven!" cater to these needs.
  • Revenue Potential: These properties often have longer stay durations and higher occupancy rates, contributing to stable and significant revenue streams.

These neighborhoods in Laramie, Wyoming, are particularly appealing due to their combination of convenience, amenities, and proximity to key attractions, making them lucrative for Airbnb investors.

Furnishing and Design Tips for an Inviting Airbnb in Laramie, Wyoming

Measuring and Layout

  • Start by measuring your rooms to determine the best layout, ensuring there is plenty of space to move around and that natural light sources are not blocked.

Furniture Selection

  • Opt for timeless, sturdy pieces that fit your theme. Consider sofa beds to increase guest capacity and potential rent.
  • Choose solid beds with easy-to-clean surfaces and storage beds for extra space.
  • Select mattresses that are at least 8 inches thick, preferably memory foam for durability and cost-effectiveness.
  • Use washable covers for sofas to ease maintenance.

Dining Area

  • Select a durable dining table that can withstand wear and tear. It doesn’t have to be the best-looking piece, as it can be enhanced with tablecloths and decor.
  • Use comfy, lightweight chairs that are sturdy and easy to move around.

Kitchen Essentials

  • Equip your kitchen with essentials like a coffee maker, microwave, toaster, and kettle. Additional items such as a blender and sharp knives can be nice extras.
  • Stock up on basic cookware, utensils, and dinnerware. Include items like a cutting board, measuring cups, and a corkscrew.
  • Ensure there is plenty of space for food storage, including a pantry or cupboards.

Bathroom and Linens

  • Provide high-quality, durable towels in neutral colors that can be bleached for hygiene.
  • Ensure enough storage for guests' toiletries and personal items using shelves or cabinets.
  • Include a hairdryer, basic toiletries, and a first-aid kit.

Lighting and Mirrors

  • Use mirrors to make the space feel bigger and brighter. A full-length mirror is a must, especially with a nearby power socket for hair dryers and straighteners.

Workspace

  • Provide a sturdy desk and comfy chair for guests who need to work. Ensure good lighting and easy access to power outlets. High-speed internet is crucial, and consider a Wi-Fi booster for larger spaces.

Storage and Organization

  • Use smart storage solutions like beds with drawers, wall hooks for coats, pegboards in the kitchen, and stackable containers to keep the space tidy.
  • Opt for space-saving furniture with big functionality, such as folding tables or ottomans with hidden storage compartments.

Safety and Accessibility

  • Install smoke detectors, carbon monoxide detectors, and a first aid kit. Consider adding a safe for valuables.
  • Make your Airbnb accessible to guests with disabilities by including features like ramps, wide doorways, and grab bars in bathrooms.

Local Style Integration

  • Reflect Laramie’s unique style by incorporating elements such as western decor or vintage charm, especially in areas like the Barricade Bunkhouse or the Tree Area Vintage Charmer.
  • Use local artwork and minimal yet tasteful furnishings to highlight the space, as seen in The Art Loft.

Final Touches

  • Add plants and other decorative elements to liven up the space and create a welcoming atmosphere.
  • Ensure consistency in design elements, such as using the same brand of white linens to maintain a hotel-like feel.

Discovering Laramie, Wyoming: Local Attractions and Insider Tips

Local Attractions

1. Vedauwoo Recreation Area

  • Located in the Medicine Bow National Forest, Vedauwoo is a must-visit for outdoor enthusiasts. Enjoy rock climbing, hiking, mountain biking, and camping amidst stunning granite rock formations.

2. Wyoming Territorial Prison State Historic Site

  • Explore the historic prison where notorious outlaws like Butch Cassidy were held. The site includes a furnished Warden's House, a Broom Factory, and original prison cells.

3. Laramie Plains Museum at the Historic Ivinson Mansion

  • Step into the late 1800s at this Victorian home turned museum. Enjoy special events like art festivals and weekly high tea.

4. University of Wyoming Geological Museum

  • Known as Wyoming's "Jurassic Park," this museum features incredible dinosaur displays, including a 75-foot Apatosaurus skeleton. Admission is free.

5. Downtown Laramie

  • Experience the charming, Western-themed downtown area with its antique architecture, local boutiques, eateries, bars, and brewhouses. Check out the Laramie Mural Project and visit spots like Coal Creek Tap and Range Leather Co..

6. Snowy Range Mountains

  • Enjoy scenic drives, hiking trails, and skiing in the Snowy Range Mountains. The Snowy Range Scenic Byway offers breathtaking views and access to over 100 alpine lakes.

7. Wyoming Women's History House

  • Learn about the achievements of 13 influential women from Wyoming. Open Monday through Saturday from 11 AM to 4 PM.

8. American Heritage Center

  • Visit the University of Wyoming's repository of manuscripts, rare books, and university archives. Relax in the outdoor areas of this museum.

9. Happy Jack and Pole Mountains

  • Part of the Medicine Bow National Forest, these mountains offer trails for hiking and cross-country skiing.

10. Guest Ranches

- Experience horseback riding, campfires, and scenic landscapes at guest ranches like the Vee Bar Guest Ranch.

Insider Tips

Outdoor Activities

  • Seasonal Adventures: In winter, enjoy skiing, snowshoeing, snowboarding, and fat biking. Summer offers perfect conditions for hiking, mountain biking, and rock climbing.
  • Vedauwoo Access: Note that Vedauwoo Recreation Area requires a $5 access fee.

Cultural Experiences

  • Historic Downtown Tours: Take a walkable brewery or mural tour in downtown Laramie to explore its rich history and modern attractions.
  • Special Events: Check for special events at the Laramie Plains Museum, such as art festivals and weekly high tea.

Local Favorites

  • Dining: Recommend local eateries like Sweet Melissa Café, Altitude Chophouse and Brewery, or Roxie’s on Grand.
  • Shopping: Suggest visiting unique stores like Atmosphere Mountainworks for handmade, sustainable gear.

Scenic Drives

  • Snowy Range Scenic Byway: Encourage guests to take this scenic drive, which offers stunning views and access to hiking trails like the Barber Lake Trail and Libby Creek Trail.

University Attractions

  • Campus Exploration: Suggest visiting the University of Wyoming campus, especially during fall to catch a college game at War Memorial Stadium.

By sharing these attractions and tips, your guests will have a comprehensive and enjoyable experience in Laramie, Wyoming.

Practical Tips to Run a Successful Short-Term Rental Business in Laramie, Wyoming

To ensure a smooth and enjoyable experience for both hosts and guests in Laramie, Wyoming, several practical tips can be implemented. First, it is crucial to inform guests about noise regulations and quiet hours to maintain a respectful environment, especially given the city's mix of residential and academic areas. Creating a comprehensive digital and physical house manual is also essential; this should include instructions on using appliances, Wi-Fi passwords, and other important details to help guests navigate the property effortlessly.

A simplified check-in process can significantly enhance guest satisfaction. Utilizing smart locks eliminates the need for physical key exchanges and provides guests with immediate access upon arrival. Additionally, providing clear parking instructions accompanied by photos can help guests find and use the designated parking areas without confusion.

By adhering to these tips, hosts can ensure a high standard of cleanliness and upkeep, quick response to inquiries and issues, and a positive overall experience for their guests, which is particularly important in Laramie's seasonal and remote market.

Short-Term Rental Management Fees in Laramie, Wyoming (2026)

Short-term rental management fees in Laramie, Wyoming in 2026 typically range from 15% to 30% of gross rental revenue, depending on the scope of services provided. Full-service management — covering guest communication, channel distribution across Airbnb, Vrbo, and Booking.com, dynamic pricing, cleaning coordination, and 24/7 guest support — generally falls in the 22% to 30% range. Co-hosting or partial-service arrangements that leave more responsibility with the owner usually run 15% to 20%.

Industry-wide management fees have crept upward by roughly 1–2 percentage points since 2024 as operating costs, insurance premiums, and labor expenses have risen across the vacation rental sector. Laramie-area managers may also charge separately for cleaning turnovers, maintenance dispatch, linen programs, and listing optimization. Some full-service operators in Wyoming now offer guaranteed-rent or revenue-share hybrid models, which can be worth comparing against a flat percentage structure for higher-revenue properties.

Market estimates as of 2026. Conditions vary; consult local operators for current data.

Short-Term Rental Market in Laramie, Wyoming (2026)

Granular market data for Laramie, Wyoming remains limited as of 2026, as smaller and emerging short-term rental markets are not consistently captured by major data providers like AirDNA. However, broader Wyoming trends suggest continued demand for vacation rentals, particularly in markets offering unique experiences, scenic appeal, or proximity to established tourist destinations.

Through 2025–2026, the Wyoming short-term rental market has seen modest ADR growth of 3–5% industry-wide, partially offset by occupancy compression as supply has continued to expand. Operators in markets like Laramie should evaluate hyperlocal factors — seasonality, regulatory environment, and competing accommodation supply — before making investment decisions.

Market estimates as of 2026. Conditions vary; consult local operators for current data.

Want in depth compliance analysis for STRs in Laramie? Check out our Airbnb Estimator Tool tool!

Calculate Your Profit

Key Benefits of Laramie’s Vacation Rental Market

Airbnb Seasonality in Laramie, Wyoming

Airbnb management in Orlando benefits from one of the most consistent demand calendars of any U.S. market, with peak seasons driven by major school breaks — particularly summer (June–August), winter holidays, and spring break — when theme park attendance surges and short-term rental occupancy rates routinely exceed 85%. Short term rental management in Orlando also sees strong demand spikes around special events at Walt Disney World and Universal, including holiday festivals, Star Wars Weekends, and the EPCOT International Food & Wine Festival. The shoulder seasons of fall and spring remain surprisingly active compared to other markets, as international visitors and childless couples take advantage of shorter theme park queues and mild Florida weather. Even the historically slower months of September and January see steady bookings from value-seeking domestic travelers, making year-round revenue optimization a key focus for professional Airbnb management in Orlando.

Laramie’s Top Neighborhoods & Attractions

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Types of STR Properties in Laramie

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