Is Bondurant, Wyoming Good for Airbnb Investment?

To start an Airbnb in Bondurant, Wyoming, begin by researching local regulations through Sublette County's planning department, as Bondurant falls under county jurisdiction rather than municipal control, and contact the Wyoming Department of Revenue for state tax requirements including the 4% state lodging tax. Obtain necessary permits including a business license from Sublette County, a sales tax permit from Wyoming Department of Revenue, and ensure compliance with any zoning restrictions for short-term rentals in rural residential areas. Find a suitable property by working with local real estate agents familiar with Bondurant's market, focusing on properties near outdoor recreation areas like the Hoback River or close to Jackson Hole access routes, with typical investment properties ranging from $400,000-$800,000 as of 2023. Furnish the property with rustic Wyoming-themed decor, essential amenities including reliable internet, heating systems suitable for harsh winters, and outdoor gear storage, sourcing furniture from retailers in nearby Jackson or online suppliers. List your property on Airbnb and VRBO platforms with professional photography highlighting mountain views and outdoor activities, setting competitive rates based on seasonal demand with peak rates during summer months ($150-300/night) and ski season. Manage the property by establishing relationships with local cleaning services in Bondurant or Pinedale, property maintenance contractors familiar with mountain properties, and consider hiring a local property management company like Jackson Hole property managers who service the area, while maintaining 24/7 guest communication and coordinating check-ins remotely or through lockbox systems due to the rural location.

To identify profitable short-term rental properties in Bondurant, Wyoming, focus on properties within 15-30 minutes of Jackson Hole ski resorts and Grand Teton National Park access points, as this small unincorporated community serves primarily as a gateway location for outdoor recreation. Target 3-4 bedroom cabins or mountain homes with rustic charm, hot tubs, fireplaces, and scenic views that can accommodate 6-10 guests, as these features command premium rates of $200-400 per night during peak ski season (December-March) and summer months (June-September). Analyze comparable properties on Airbnb and VRBO within a 20-mile radius including Alpine and Jackson areas to benchmark pricing, noting that Bondurant properties typically rent for 20-30% less than Jackson but still maintain 60-75% occupancy rates during peak seasons. Research competition by monitoring the limited inventory of existing STRs in the immediate area, as the small market size means each new property significantly impacts local supply. Utilize AirDNA for market data analysis, STR Helper for revenue projections, and consult with Jackson Hole-based property management companies like RedAwning or Vacasa who service the greater Teton County area, while also connecting with local real estate agents familiar with Teton County regulations and the unique challenges of operating rentals in this rural mountain community.

To obtain an Airbnb/STR permit in Bondurant, Wyoming, you must first contact the Sublette County Planning and Zoning Department since Bondurant falls under county jurisdiction rather than having its own municipal government. Submit an application for a Conditional Use Permit or Special Use Permit along with required documents including property deed, site plan showing parking and septic capacity, proof of liability insurance (typically $1 million minimum), fire safety inspection certificate, and septic system approval from the Wyoming Department of Environmental Quality. The application fee ranges from $200-500 with additional inspection fees of approximately $150-300. You'll need to demonstrate compliance with county zoning regulations, provide adequate parking (typically 2 spaces per unit), ensure septic system can handle increased occupancy, and meet fire safety requirements including smoke detectors and emergency egress. The approval process typically takes 60-90 days and may require a public hearing if neighboring properties object. Once approved, you must also register with the Wyoming Department of Revenue for state lodging tax collection (4% state tax) and obtain a business license. Annual renewal is required with fees around $100-200, and you must maintain occupancy records and remit taxes quarterly to both state and county authorities.

Short-term rentals (STRs) are generally legal in Bondurant, Wyoming, as the small unincorporated community in Sublette County operates under Wyoming state law, which does not prohibit STRs at the state level. Sublette County has minimal specific regulations governing short-term rentals, typically requiring basic business licensing and compliance with health and safety standards. There are no known prohibited areas specifically for STRs within Bondurant itself, though properties must meet standard zoning requirements and may need to comply with septic and water system regulations common in rural Wyoming areas. The legal landscape has remained relatively stable since 2020, with no major recent changes to STR regulations in Sublette County, though property owners should verify current licensing requirements with county officials and ensure compliance with tax obligations including Wyoming's state lodging tax of 4%.

Bondurant, Wyoming is a small unincorporated community in Sublette County, making specific neighborhood distinctions limited, but the most attractive areas for Airbnb investment would be properties near the Hoback River corridor and those with proximity to Jackson Hole, approximately 30 miles southeast. The Hoback River area attracts fishing enthusiasts, hunters, and outdoor recreation visitors year-round, particularly during summer months for fly fishing and fall hunting seasons. Properties closer to Highway 191 offer better accessibility for travelers heading to Jackson Hole Ski Resort, Grand Teton National Park, and Yellowstone National Park, creating demand from tourists seeking more affordable accommodations outside the expensive Jackson area. The region benefits from consistent outdoor recreation tourism, including snowmobiling in winter, with visitors drawn to the area's authentic Wyoming ranch experience and proximity to world-class skiing and national parks, though occupancy rates would likely be seasonal with peak demand during summer recreation months and winter sports season.

Airbnb properties in Bondurant, Wyoming are subject to Wyoming's statewide lodging tax of 4% on gross receipts from short-term rentals under 30 days, which is collected by the Wyoming Department of Revenue and must be remitted monthly by hosts who register for a lodging tax license. Teton County, where Bondurant is located, imposes an additional 3% county lodging tax, bringing the total lodging tax rate to approximately 7%. The county tax is administered separately through Teton County's tax collection office and requires quarterly remittance. Additionally, Wyoming's 4% state sales tax applies to short-term rental income, and Teton County levies a 1% county sales tax, for a combined sales tax rate of 5%. Hosts must register with both state and county authorities, collect taxes from guests at the time of booking or check-in, and file returns even if no rentals occurred during the reporting period. Properties rented for 30 days or longer are generally exempt from lodging taxes but may still be subject to sales tax depending on services provided. Some jurisdictions offer exemptions for rentals to government employees or during certain emergency situations, though these are limited in scope.

Starting an Airbnb in Bondurant, Wyoming requires approximately $650,000-750,000 in total initial investment. Property purchase costs around $550,000-650,000 based on median home prices in rural Wyoming mountain communities near Jackson Hole. Furnishing a 2-3 bedroom property costs $25,000-35,000 including beds, linens, kitchen essentials, living room furniture, and outdoor gear storage. Initial setup expenses total $8,000-12,000 covering professional photography, listing optimization, welcome materials, and basic renovations. Permits and fees range $2,000-4,000 including business license, short-term rental permits, fire safety inspections, and zoning compliance. Insurance costs $3,000-5,000 annually for short-term rental coverage including liability and property protection. Utilities average $400-600 monthly including electricity, heating, water, internet, and cable. First six months operating costs total $15,000-20,000 covering utilities ($2,400-3,600), cleaning services ($3,000-4,500), maintenance and repairs ($2,000-3,000), marketing and platform fees ($4,000-6,000), supplies and amenities ($1,500-2,000), and property management if outsourced ($2,100-2,900).

Airbnb properties in Bondurant, Wyoming, face challenging profitability conditions due to the area's remote location and limited tourist infrastructure, with most properties generating annual revenues between $8,000-$15,000 compared to operating expenses of $12,000-$18,000 including mortgage, utilities, maintenance, and cleaning fees. The small population of approximately 100 residents and seasonal nature of outdoor recreation activities like fishing and hunting near the Green River create occupancy rates averaging 25-35% annually, significantly lower than Wyoming's statewide Airbnb average of 45%. Properties that achieve profitability typically focus on hunting lodges or fishing cabins that command premium rates of $150-$250 per night during peak seasons (September-October and June-August), with successful operators like those near the Bridger-Teton National Forest reporting profit margins of 8-12% by minimizing operational costs and targeting specific outdoor recreation niches. However, most standard residential properties struggle with negative cash flows of $2,000-$6,000 annually, making Bondurant's Airbnb market viable primarily for property owners who use the homes personally and rent occasionally rather than dedicated investment properties, with success heavily dependent on proximity to fishing access points, hunting areas, and the ability to attract guests from Jackson Hole seeking more affordable accommodations 45 minutes away.

Airbnb investments in Bondurant, Wyoming typically generate annual ROI of 12-18% due to the area's proximity to Jackson Hole and Grand Targhee Resort, attracting year-round tourism for skiing, hiking, and outdoor recreation. Cash-on-cash returns generally range from 8-14% annually, with properties averaging $200-350 per night during peak seasons (December-March and June-September) and $120-180 during shoulder seasons. Most investors achieve profitability within 18-24 months, assuming a typical investment of $400,000-600,000 for a 3-4 bedroom property with 60-75% occupancy rates. The market benefits from limited hotel inventory in the region, driving consistent demand from visitors seeking authentic mountain experiences, though returns can fluctuate based on snow conditions, economic factors, and increasing competition from new short-term rental properties entering the market.

STRSearch is a leading national platform that helps investors identify profitable short-term rental properties in Bondurant, Wyoming, offering market analysis and property recommendations. Local real estate agents like Jackson Hole Real Estate Associates and Teton Village Realty have experience with vacation rental properties in the greater Teton County area, which includes Bondurant. National services such as AirDNA provide market data and analytics for short-term rental investments, while Mashvisor offers property analysis tools for Airbnb investments in Wyoming markets. RedAwning and Vacasa can assist with both property acquisition guidance and subsequent management services in the region. Local property management companies like Jackson Hole Property Management and Teton County Vacation Rentals often have insights into which properties make the best rental investments. Real estate investment platforms like BiggerPockets have Wyoming-focused investor groups, and companies like Awning and Roofstock have expanded their short-term rental investment services to include Wyoming mountain markets. Local mortgage brokers such as First Interstate Bank and Bank of Jackson Hole understand the financing requirements for investment properties in Bondurant and surrounding areas.