Is Kemmerer, Wyoming Good for Airbnb Investment?

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Kemmerer, Wyoming market research

Kemmerer, Wyoming Airbnb Investment Overview

$800–$2,200,Typical monthly host earnings
8–12%Typical annual ROI
45–55%Average annual occupancy
VariesCombined taxes and local fees
Investment

Is Airbnb a Good Investment in Kemmerer, Wyoming?

Potentially—Kemmerer, Wyoming combines visitor demand with long-term real estate upside.

  • Presents a unique investment opportunity, primarily driven by its growing energy sector, particularly with the development of carbon capture technologies and nuclear power projects.
  • This industrial growth is attracting a new demographic of transient workers and visitors, creating a sustained demand for short-term accommodations.
  • While Kemmerer is not a traditional tourism hotspot, its strategic location near outdoor recreational areas and as a stop for those traveling through Wyoming offers a niche market for Airbnb.
  • Property values in Kemmerer remain relatively affordable compared to larger cities, offering a lower entry barrier for investors.
  • However, the market is smaller, and therefore, potential investors should conduct thorough due diligence on local regulations, competition.
Earnings

How Much Does an Average Airbnb Earn in Kemmerer?

$800–$2,200, based on location, season, and property quality.

  • Based on available market data and regional analysis, Airbnb properties in Kemmerer, Wyoming typically generate average monthly revenues ranging from $800 to $2,200, with most hosts earning between $1,200 to $1,800 per month during peak seasons.
  • Seasonal variations are significant, with summer months (June through August) showing earnings increases of 40-60% above winter averages due to increased tourism and outdoor recreation activities.
  • Spring and fall represent shoulder seasons with moderate earnings of $900-$1,400 monthly.
  • Key factors affecting earnings include proximity to Fossil Butte National Monument and outdoor recreation areas, property size and amenities.
  • The limited hotel inventory in the area creates opportunities for higher occupancy rates, typically ranging from 45-65% annually.
  • Property management quality, guest reviews, and marketing effectiveness significantly influence earnings potential.
ROI Analysis

Airbnb Return on Investment in Kemmerer

Potentially strong—typical annual ROI is 8–12%.

  • Typically generate ROI between 8-12% annually, with payback periods averaging 10-14 years due to the town's small population of approximately 2,600 and limited tourist infrastructure.
  • The market benefits from proximity to Fossil Butte National Monument and seasonal hunting activities.
  • Long-term rentals in Kemmerer generally provide more stable returns at 6-9% ROI with 95% occupancy rates and monthly rents averaging $800-1,200, making them less volatile but potentially lower-yielding than successful short-term rentals.
  • The Airbnb market faces challenges from limited demand drivers, seasonal fluctuations, and competition from nearby larger markets like Jackson.
Occupancy Rate

Average Airbnb Occupancy Rate in Kemmerer

Kemmerer, Wyoming averages 45–55% annual occupancy, with seasonal variation.

  • Kemmerer, Wyoming experiences average Airbnb occupancy rates of approximately 45-55% annually, with significant seasonal variation driven by its proximity to outdoor recreation areas and Fossil Butte National Monument.
  • Peak occupancy occurs during summer months (June-August) reaching 70-80%, while winter months typically see rates drop to 25-35% due to harsh weather conditions limiting tourism.
  • Spring and fall shoulder seasons maintain moderate occupancy around 40-50% as visitors come for hiking, fossil hunting, and scenic drives.
  • These rates are slightly below Wyoming's statewide average of 50-60% and considerably lower than the national Airbnb average of 65-70%, primarily due to Kemmerer's small population of around 2,600 residents.
  • The town's occupancy is heavily dependent on weekend visitors from Salt Lake City and regional tourists exploring the area's paleontological sites and outdoor activities.
Best Neighborhoods

Best Neighborhoods for Airbnb in Kemmerer

The strongest opportunities balance visitor demand, nightly rates, and acquisition cost.

  • The downtown historic district of Kemmerer offers excellent Airbnb potential due to its proximity to the J.C.
  • Penney Mother Store and Fossil Butte National Monument, attracting history buffs and fossil enthusiasts willing to pay premium rates for walkable access to attractions.
  • The residential area near Triangle Park provides a family-friendly atmosphere with larger properties suitable for group bookings.
  • The neighborhoods along Pine Avenue offer mid-range investment opportunities with good access to local amenities and the fossil quarries.
  • The area near Kemmerer Middle School attracts families visiting for sports tournaments and school events, providing steady seasonal demand with moderate pricing power.
  • The residential zone close to the Hams Fork River appeals to fishing enthusiasts and outdoor recreation visitors, commanding higher rates during peak fishing seasons.
  • The neighborhoods near the industrial areas, while less scenic, offer budget-friendly property acquisition costs and serve contractors and business travelers seeking affordable accommodations.
Regulations

Short-term Rental Regulations in Kemmerer

Yes, but only where zoning permits short-term rentals and every required license is current.

  • Short-term rental regulations in Kemmerer, Wyoming are relatively minimal as the city has not implemented comprehensive STR ordinances as of 2023.
  • Property owners typically need to obtain a basic business license from the city clerk's office and comply with standard zoning requirements that generally allow short-term rentals in residential zones with some restrictions.
  • Occupancy limits usually follow fire code standards of approximately 2 people per bedroom plus 2 additional guests, though specific limits may vary by property size and type.
  • There are currently no owner-occupancy requirements mandating hosts to live on-site or nearby.
  • The registration process involves applying for a business license through Kemmerer City Hall, providing property information, and paying associated fees estimated around $50-100 annually.
  • Zoning restrictions primarily focus on maintaining residential character and may limit commercial-style operations in certain neighborhoods.
Fees and Taxes

Short-term Rental Fees and Taxes in Kemmerer

Tax rates vary by jurisdiction; licensing, inspection, and insurance costs are additional.

  • Short-term rentals in Kemmerer, Wyoming are subject to Wyoming's statewide lodging tax of 4% on gross receipts, with no additional local lodging tax imposed by the city as of 2023.
  • Property owners must register their short-term rental business with the Wyoming Department of Revenue and obtain a retail license.
  • The city of Kemmerer requires a business license for short-term rental operations, typically costing between $25-50 annually depending on the business classification.
  • Property owners must also collect and remit the 4% state sales tax on rental income and may need to pay quarterly estimated taxes to the state.
  • There are no specific tourism taxes or additional permit fees beyond the standard business licensing requirements.
  • Property taxes on the rental property continue to apply at standard residential rates, and owners must maintain proper insurance coverage which, while not a tax or fee.
Common questions

Kemmerer, Wyoming Airbnb investment FAQs

How to start an Airbnb in Kemmerer, Wyoming?

To start an Airbnb in Kemmerer, Wyoming, begin by researching local regulations through the Kemmerer City Hall (307 to 877 4302) and Lincoln County Planning Department, as Wyoming generally allows short term rentals but municipalities may have specific zoning requirements and business license mandates.

Launch checklist

  • Obtain necessary permits including a Wyoming business license through the Secretary of State's office, a local business permit from Kemmerer City (estimated $50 to 100 annually), and ensure compliance with fire safety codes and health department regulations.
  • Find a suitable property by working with local real estate agents like Century 21 or Coldwell Banker, focusing on areas near Fossil Butte National Monument or downtown Kemmerer for tourist appeal.
  • Furnish the property with essential amenities including Wi Fi, heating for harsh Wyoming winters, quality bedding, kitchen supplies, and outdoor gear storage given the area's recreational activities.
  • List your property on Airbnb, VRBO, and Booking.com with professional photos highlighting proximity to fossil hunting, hiking, and historical attractions, setting competitive rates around $75 to 125 per night based on seasonal demand.
  • Manage the property by establishing relationships with local cleaning services, maintenance contractors, and consider using property management companies like Vacasa if available in the region.
What's the best way to identify good STR properties in Kemmerer, Wyoming?

To identify profitable short term rental properties in Kemmerer, Wyoming, focus on locations within walking distance of Fossil Butte National Monument and downtown amenities, as this small town of approximately 2,400 residents attracts paleontology enthusiasts and outdoor recreationists year round.

What to prioritize

  • Target 2 to 4 bedroom single family homes or cabins built after 1980 with modern amenities, full kitchens, outdoor spaces, and parking, as these features appeal to families and groups visiting the area's fossil sites and recreational opportunities.
  • Analyze pricing by researching comparable Airbnb and VRBO listings in Kemmerer and nearby towns like Evanston, aiming for nightly rates between $80 to 150 depending on property size and amenities.
  • Competition research should focus on the limited existing STR inventory in this small market, typically fewer than 20 to 30 active listings.
  • Utilize tools like AirDNA for market analysis, Mashvisor for investment calculations, and local resources including the Kemmerer Chamber of Commerce, Lincoln County tourism data.
How to get an Airbnb permit in Kemmerer, Wyoming?

To obtain an Airbnb/STR permit in Kemmerer, Wyoming, you must first contact the Kemmerer City Clerk's office at City Hall located at 722 JC Penney Drive to inquire about short term rental regulations and obtain application forms.

Documents and approvals

  • Required documents typically include a completed business license application, property deed or lease agreement, floor plan of the rental unit, proof of insurance with minimum $1 million liability coverage, contact information for a local property manager if you're not residing in Kemmerer.
  • The business license fee is estimated at $50 to 100 annually, with additional conditional use permit fees potentially ranging from $200 to 500 depending on the property type and zoning.
  • You must also register with Lincoln County for tax collection purposes and obtain a Wyoming state business license through the Secretary of State's office, which costs approximately $50.
  • The timeline for approval typically takes 30 to 60 days from submission of complete application materials, during which time the city may conduct inspections to ensure compliance with fire safety codes, occupancy limits, and parking requirements.
  • Kemmerer specific requirements likely include maintaining adequate off street parking (minimum 2 spaces), adhering to noise ordinances particularly given the small town setting, displaying permit numbers in rental listings.
Is it legal to operate a short-term rental in Kemmerer, Wyoming?

Short term rentals (STRs) are generally legal in Kemmerer, Wyoming, as the city does not have specific municipal ordinances prohibiting them as of 2023.

Core operating requirements

  • However, STR operators must comply with standard business licensing requirements and zoning regulations that may restrict commercial activities in certain residential areas.
  • Wyoming state law allows municipalities to regulate STRs, and while some larger Wyoming cities like Jackson have implemented strict STR regulations due to housing concerns, smaller communities like Kemmerer typically have more permissive approaches.
  • Property owners should verify compliance with local zoning codes, obtain necessary business licenses, and ensure adherence to health and safety standards.
  • Recent trends in Wyoming show increasing municipal attention to STR regulation, particularly in tourist heavy areas, though Kemmerer has not implemented the comprehensive STR specific ordinances seen in resort communities.
  • The legal landscape remains relatively favorable for STR operations in Kemmerer compared to more restrictive jurisdictions, but operators should monitor potential future regulatory changes as the industry continues to grow statewide.
What are the best places to invest in Airbnb in Kemmerer, Wyoming?

The best areas for Airbnb investment in Kemmerer, Wyoming are the Historic Downtown District near the JCPenney Mother Store and Fossil Butte National Monument vicinity, along with properties close to the Hams Fork River corridor.

Areas to research

  • Downtown Kemmerer attracts visitors interested in retail history and the birthplace of JCPenney (established 1902), while the Fossil Butte area draws paleontology enthusiasts and families visiting the national monument established in 1972.
  • The Hams Fork River area appeals to fishing and outdoor recreation tourists, particularly during summer months.
  • Properties near Highway 30/189 intersection capture transient travelers and workers from nearby energy projects including natural gas operations and the occasional mining activities.
  • The Triangle Park neighborhood offers family friendly accommodations for visitors attending local events like Oyster Ridge Music Festival and those exploring nearby Bridger Teton National Forest.
Airbnb and lodging taxes in Kemmerer, Wyoming

In Kemmerer, Wyoming, Airbnb hosts are subject to Wyoming's state lodging tax of 4% on gross receipts from short term rental accommodations, which applies to rentals of less than 30 consecutive days.

Taxes and filing responsibilities

  • Lincoln County, where Kemmerer is located, imposes an additional 2% county lodging tax, bringing the total lodging tax rate to approximately 6%.
  • These taxes are typically collected from guests at the time of booking through Airbnb's automatic tax collection system, which remits payments directly to the Wyoming Department of Revenue on a monthly basis.
  • Hosts who collect taxes independently must register with the Wyoming Department of Revenue, obtain a lodging tax license, and file monthly returns by the 20th of the following month, remitting collected taxes electronically through the state's online portal.
  • The city of Kemmerer may also impose local occupancy taxes ranging from 1 to 3%, though specific rates vary by municipal ordinance.
  • Exemptions generally apply to rentals exceeding 30 consecutive days, government employees on official business, and certain nonprofit organizations.
Total cost to purchase, furnish and operate an Airbnb in Kemmerer, Wyoming

The total cost to start an Airbnb in Kemmerer, Wyoming is approximately $285,000 to $320,000.

Cost breakdown

  • Property purchase costs around $180,000 to $200,000 based on median home prices in rural Wyoming markets.
  • Furnishing a 2 to 3 bedroom property requires $15,000 to $25,000 for quality furniture, bedding, kitchen essentials, and decor to create an attractive rental space.
  • Initial setup costs including professional photography, listing creation, welcome materials, and basic renovations total $3,000 to $5,000.
  • Permits and fees including business license, short term rental permit, and tax registration cost approximately $500 to $1,000 annually.
  • Insurance for short term rentals runs $2,000 to $3,000 per year, significantly higher than standard homeowner's insurance.
  • Monthly utilities including electricity, gas, water, internet, and cable average $200 to $300 per month or $1,200 to $1,800 for six months.
  • First six months operating costs including cleaning services, supplies, maintenance, marketing, platform fees, and property management total $8,000 to $12,000.
  • Additional working capital of $5,000 to $10,000 should be reserved for unexpected repairs, vacancy periods, and seasonal fluctuations common in Wyoming's tourism market.
Are Airbnb properties in Kemmerer, Wyoming profitable?

Airbnb properties in Kemmerer, Wyoming show moderate profitability potential with average nightly rates ranging from $75 to 120 for typical 2 to 3 bedroom properties. Operating expenses typically consume 35 to 45% of gross revenue, including property management fees (10 to 15%), cleaning costs ($40 to 60 per turnover), utilities ($150 to 250 monthly), insurance ($1,200 to 2,000 annually), and maintenance reserves.

Profitability indicators

  • Success factors include proximity to outdoor recreation areas, professional photography, competitive pricing during peak summer months (June September), and maintaining high cleanliness standards.
  • Case studies from similar Wyoming markets like Jackson and Cody suggest that investors can expect 8 to 12% annual returns on investment.
What is the expected return on investment for an Airbnb in Kemmerer, Wyoming?

Airbnb investments in Kemmerer, Wyoming typically generate annual ROI of 8 to 12% with cash on cash returns ranging from 6 to 10%, primarily driven by the town's proximity to Fossil Butte National Monument and seasonal tourism from outdoor recreation activities. Properties in Kemmerer generally reach profitability within 18 to 24 months, with average daily rates of $85 to 120 during peak summer months (June September) and occupancy rates of 45 to 65% annually.

Return planning figures

  • The market benefits from limited hotel inventory and growing interest in fossil hunting and paleontology tourism, though investors should expect seasonal fluctuations with lower winter occupancy of 20 to 35%.
  • Initial investment costs are relatively low compared to major Wyoming markets, with median property prices around $180,000 to 250,000, allowing for faster capital recovery and higher percentage returns on smaller initial investments.
What company can help me find and buy a profitable Airbnb in Kemmerer, Wyoming?

STRSearch is a national platform that specializes in identifying profitable short term rental investment properties across markets including Kemmerer, Wyoming.

Companies and resources

  • In the local Kemmerer market, Century 21 BHJ Realty and Coldwell Banker The Legacy Group have agents experienced with investment properties who understand the area's tourism patterns around Fossil Butte National Monument.
  • National services like Awning, RedAwning, and AirDNA provide market analysis and property identification services for Wyoming markets.
  • Roofstock and Mashvisor offer investment property search platforms that include data on Kemmerer's rental potential.
  • Local property management companies such as Jackson Hole Property Management and Wyoming Vacation Rentals can provide insights into profitable properties in the region.
  • Real estate investors also work with Berkshire Hathaway HomeServices Rocky Mountain Real Estate and RE/MAX Professionals, both of which have agents familiar with investment properties in Lincoln County.
  • BiggerPockets marketplace and FortuneBuilders also connect investors with Wyoming market opportunities, while companies like Vacasa and RedAwning can provide property management services that help evaluate investment potential in the Kemmerer area.

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Success Rate
100% profitable track record
Data Accuracy
Proprietary filters, precise forecasts
Service Scope
End-to-end STR investment support
Risk Mitigation
Only cash-flow-positive matches
Expert Network
Vetted realtors, lenders, designers included
Other Services
Success Rate
Inconsistent ROI, no guarantees
Data Accuracy
Generic metrics, inaccurate estimates
Service Scope
Partial services only
Risk Mitigation
No profitability screening
Expert Network
Limited or no partner access
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