Thinking about renting your Teton Village condo on a nightly basis? You are not alone. With strong winter and summer demand, short stays can be a smart way to offset carrying costs while keeping owner use. The key is knowing exactly where nightly rentals are allowed, what your HOA permits, and how management programs work.
Below, you will learn how county rules and HOA policies interact, what minimum-night stays look like in practice, how hotel-branded programs operate, and the due diligence that protects your investment. Let’s dive in.
Who sets the rules
Short-term rentals in Teton Village sit at the intersection of county regulations and private association rules. Because Teton Village is an unincorporated community within Teton County, county requirements typically apply to licensing, taxes, and land use. At the same time, each condo association sets its own rental policies that can be more permissive or more restrictive.
County level: what to confirm
Teton County administers lodging operator licensing or registration for transient rentals. You should confirm the current license or registration process, required contacts for emergency response, and any on-site posting rules. Short-term rentals are also subject to state and local taxes that owners or their managers collect and remit. Zoning can influence what type of rental activity is allowed in a specific development, so verify your property’s zoning and any overlay districts with the county.
Non-compliance can lead to fines or being required to stop renting. Before you list, confirm the latest forms, tax rates, and procedures with the appropriate Teton County offices and the Wyoming Department of Revenue.
HOA level: how it can help or stop you
Your condo’s CC&Rs, bylaws, and rental policies control whether nightly rentals are permitted, limited, or prohibited in that complex. Some associations are rental friendly and allow multi-night stays with registration and basic rules. Others set minimum-night stays, cap the percentage of rentable units, or require use of an approved local manager.
Expect rules around occupancy, quiet hours, parking, amenity access, and how you advertise your unit. Many HOAs also require proof of insurance and a local contact. Always obtain the current CC&Rs and rental policy for the exact unit you are considering.
Resort and hotel programs
Hotel-branded residences and resort-managed buildings near the base often run centralized rental programs. Owners may be required or encouraged to enroll in a program where bookings, standards, commissions, and blackout dates are set by a management agreement. These programs typically allow nightly rentals while imposing brand standards, higher management fees, and specific owner-use rules.
Minimum-night stays and seasonality
Minimum-night rules vary by building and program. In resort-oriented condo associations, stays of 2 to 7 nights are common to serve ski and summer demand. Some communities require longer minimums such as 28 to 30 nights to preserve a residential feel. The exact minimum will be in the association’s rental policy.
Plan for pronounced seasonality. Winter holidays and peak summer weeks command higher rates and stronger occupancy, while shoulder seasons soften. Your revenue and owner-use calendar should reflect these rhythms.
Owner use and blackout dates
Many associations and hotel-managed programs define how owners reserve time for personal stays. Policies can include a set number of owner nights per year, priority windows for booking, and blackout dates. In some programs, unused owner nights may be released back to rental inventory.
Clarify whether owner reservations must be made through the rental desk and how far in advance you can book. Align your personal schedule with high-demand periods if you plan to use the property at peak times.
Costs, fees, and insurance
Your pro forma should include more than nightly rates and occupancy. Budget for taxes, HOA dues, management fees, and operating costs that can materially affect net income.
Common costs to plan for:
- Lodging and sales taxes collected and remitted by you or your manager
- HOA assessments and special assessments that can change over time
- Management fees or program commissions, which are often higher in hotel-branded buildings
- Cleaning, laundry, supplies, utilities if applicable, and periodic maintenance from higher turnover
- Insurance tailored for short-term rentals, including liability limits and any endorsements required by your HOA
Many associations require owners who rent to carry specific insurance and to name the association as an additional insured. Platform-provided host protections are not a substitute for proper coverage.
Due diligence checklist
Gather these documents and data before you write an offer:
- CC&Rs, bylaws, and current rental policy for the association
- HOA meeting minutes for the past 12 to 24 months for any pending rule changes or assessments
- Current HOA budget and reserve study to understand dues and future needs
- Rental ledger and occupancy history for the unit, if available, including owner statements and cleaning fees
- Any master rental program agreements and a sample owner management contract
- Insurance requirements for owners who rent short term
- Confirmation of lodging license or registration steps with Teton County and tax remittance procedures
- Zoning and any conditional use approvals tied to the property
- HOA enforcement or litigation history related to rentals
- Parking rules, guest allowances, and amenity access policies
Precise questions to ask
When you speak with the listing agent, HOA manager, or seller, ask:
- Is nightly rental expressly allowed, limited, or prohibited in the governing documents? Where is it written?
- What is the current minimum-night rule, and how can it be changed?
- Is there a cap on the percentage of units that can rent at any time? How is it administered?
- Must I use an approved property manager or the on-site rental program, or can I self-manage?
- What taxes and fees are collected, who remits them, and what systems are in place to stay compliant?
- Are there owner-use limits, blackout dates, or reservation priority rules?
- What are current dues and any planned special assessments?
- Which insurance coverages and limits are required for STR activity?
- Can the seller provide at least 12 months of rental and occupancy history for this unit or close comparables?
Putting it all together
Success in Teton Village comes from matching your goals to the right building and program. A condo approved for nightly rentals under county rules can still be limited by its HOA or a resort operator, so you need both sets of approvals to align. With clear documents, realistic revenue modeling, and the right management plan, you can balance income and personal use in a high-demand resort setting.
If you would like a discreet review of a specific building’s policies, rental income history, and operational outlook, our team can help you source documents, interpret the fine print, and model scenarios that fit your goals. For a private conversation, connect with Tom Evans Real Estate.
FAQs
Are nightly rentals allowed in all Teton Village condos?
- No. You must comply with Teton County rules and your condo’s HOA or resort program. An HOA can permit, limit, or prohibit nightly rentals even if county rules allow them.
Who enforces short-term rental rules in Teton Village?
- The HOA enforces association policies among owners, and Teton County enforces licensing, tax collection, and land-use compliance. Both can issue penalties for violations.
What is the usual minimum-night stay for Teton Village condos?
- It varies by building. Many resort-oriented HOAs allow 2 to 7 nights, while some communities require 28 to 30 nights. Always check the building’s rental policy.
Do Teton Village condo owners have to use a property manager?
- Sometimes. Certain HOAs or hotel-branded buildings require an approved manager or participation in an on-site rental program. Others allow self-management.
What taxes apply to short-term rentals in Teton Village?
- Short-term rentals are subject to state sales tax and local lodging taxes. Owners or managers collect and remit. Confirm current rates and registration with Teton County and the state.
Can an HOA change rental rules after I buy?
- Potentially yes. Many associations can amend rules by board action or member vote, following the CC&R amendment process. Review the documents and meeting minutes for signals of change.
