Alma, Colorado STR Regulations

The Town of Alma allows short-term rentals but limits the total number of STR licenses that may be issued. Once the license cap has been reached, new applicants are placed on a first-come, first-served waitlist until a license becomes available. Alma's STR regulations are intended to balance tourism with preserving the town's small-community character. 

Current STR Availability

As of July 2026, Alma has a maximum of 17 STR licenses. The Town currently has all 17 licenses issued and maintains a waitlist for future applicants. Because license availability can change over time, we recommend contacting the Town of Alma before purchasing an investment property if obtaining an STR license is important to your plans.

Why Alma Appeals to STR Buyers

Alma offers a unique opportunity for buyers seeking a true mountain-town experience just minutes from Fairplay and Breckenridge. While the Town limits the total number of STR licenses, the small size of the community, proximity to year-round recreation, and established licensing process continue to make Alma an attractive location for vacation home owners and investors.

What Owners Should Know

Alma requires a separate STR license for each property. Licenses are issued to the property owner, are non-transferable, and must be renewed annually. New applicants must also demonstrate ownership requirements, complete an inspection, designate local emergency contacts, and comply with the Town's operational standards.

18 Month Rule

Beginning with the 2025 amendment, applicants generally must have owned the property for at least 18 months before an STR permit may be issued, with limited exceptions such as transfers to next of kin.