Elliman's Colorado Collection Showcases Strength of Aspen/Snowmass Luxury Rental Market
by ELLIMAN INSIDER TEAM
February 2026
The luxury rental market in Colorado’s Roaring Fork Valley is reaching ever greater altitudes.
That much is immediately evident in The Collection, a newly published portfolio of properties currently on the market in Aspen, Snowmass Village, and Basalt, courtesy of Douglas Elliman Colorado. But while the stunning beauty, breathtaking surroundings, and elevated amenities of these featured homes speak for themselves, the agents who represent them have much to say about what makes this collection of rentals so exceptional.
“I think it represents the extraordinary heights the Aspen/Snowmass rental market has reached, both in pricing and in the depth of luxury inventory now available,” said Aspen-based broker Jamay Shook, noting that many Aspen/Snowmass homeowners were historically hesitant to rent their properties. “Today, a new generation of owners thinks differently. They view their homes not only as lifestyle assets, but as investment-grade real estate—and they want those assets working for them.”
Shook sees the pandemic as a pivot point that brought about a “dramatic shift” in the volume of high-priced inventory.
“Prior to COVID, there were only a handful of rental properties listed above $100,000 per month,” she said. “In 2026 so far, there are over 130 properties asking $100,000+. That level of inventory simply didn’t exist before.”
The Collection, Shook added, showcases the growing stature of Aspen/Snowmass among the world’s luxury rental markets.
“For years, there was a noticeable gap between the Aspen/Snowmass rental market and other ultra-luxury destinations like the Hamptons,” she said. “That gap has narrowed significantly. Aspen has matured into a globally competitive luxury rental market, and this publication reflects that evolution. It showcases not just homes, but the sophistication, scale, and confidence of our community’s real estate market.”
For Basalt-based broker Lori Guilander, The Collection is a testament to “the incredible diversity” of properties in the market.
“From chic residences in the heart of Downtown Aspen with immediate access to world-class shopping, skiing, dining, and entertainment to ultra-private luxury estates that provide a serene mountain escape, this publication truly reflects the full lifestyle experience of this region,” Guilander said. “Our rental offerings are not only for those seeking a relaxing getaway surrounded by natural beauty, but also for those looking to fully immerse themselves in the Aspen lifestyle and call this community home.”
Indeed, that all-encompassing lifestyle remains the primary draw for renters.
“Aspen provides an unmatched experience that makes its way into people’s hearts,” said broker Brittanie Rockhill, even beyond the scenery, fresh mountain air, and mix of nature and cosmopolitan amenities. “People make some of their best memories in Aspen. Part of what makes my work so fulfilling and special is getting to watch people fall in love with this town and being a part of their journey.”
Indeed, renters are apparently finding it harder to tear themselves away from the Colorado mountain experience.
“One of the most significant shifts we’re seeing is the length of leases,” said Shook, though she sees a financial factor. “While winter still brings one- to two-week holiday rentals, the City of Aspen now imposes a 22.35% short-term rental tax on stays under 30 days. As a result, many renters have realized it’s far more cost-effective to stay a month or longer—or secure a full winter season lease.”
She’s also seen a rise in clients looking to rent in Aspen/Snowmass full-time, including some who opt for “school-year leases” that allow them to travel internationally or relocate to places like the Hamptons for the summer months.
“Interestingly, many high-net-worth clients view long-term renting—even at $100,000+ per month—as a strategic financial decision,” Shook said. “With Aspen home prices at historic highs, some prefer to lease and keep their capital deployed elsewhere. They’re choosing flexibility, liquidity, and lifestyle—and Aspen offers all three in a way few places can.”
All Is Wellness
A key factor that distinguishes the properties featured in The Collection is the wealth of amenities—not just in terms of sophistication, but also in their focus on wellness.
“One of the most impressive and sought-after amenities I’m seeing right now is the inclusion of in-home spa and wellness spaces,” said Guilandar. “One standout property features a private massage and spa room with floor-to-ceiling glass windows showcasing breathtaking mountain views, complemented by a fireplace for added ambiance. After a full day of skiing or hiking, having the ability to enjoy a private wellness experience within your home is the ultimate luxury and has become increasingly desirable among today’s renters.”
“Health is wealth,” added Shook, “and wellness amenities are by far the most in-demand features right now. It’s become less about excess and more about intentional luxury—spaces designed for recovery, performance, and well-being.”
Aspen broker Ashley Ernst noted that some properties even come equipped with systems that “make it seem like you are at a lower altitude by pumping oxygen into the room.”
Of course, added Shook, there’s also the “timeless amenity” of location.
“Ski-in/ski-out access in the winter and proximity to the Aspen core year-round remain unbeatable,” she said. “Today’s renters want convenience and experience. They want to land, unpack, and live effortlessly. In Aspen, true luxury is ease.”
Whether it’s wellness, convenience, or the whole experience that renters are looking for, these agents are integral to making it all happen for their clients.
“Renting in Aspen is not just about a luxury property—it’s an all-encompassing luxury experience,” said Aspen broker Kendall Greiner.
“Our goal,” added Guilander, “is to not only provide exceptional homes, but to help clients experience the very best of mountain living and feel genuinely connected to the Aspen community through our local expertise and assistance.”
View The Collection: Colorado Luxury Rentals 2026 from Douglas Elliman.
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