Short-Term Rentals in Big Sky: Top Questions Answered

Big Sky, Montana, is one of the fastest-growing destinations for vacation rentals. From world-class skiing to summer adventures and proximity to Yellowstone National Park, demand for short-term rentals (STRs) continues to rise. But if you’re thinking about renting out your Big Sky home—or buying a property —you probably have questions. Here are the most common questions about short-term rentals in Big Sky answered.

1. Are short-term rentals allowed in Big Sky?

Yes—but rules vary depending on the subdivision, HOA, and property type. Some neighborhoods welcome short-term rentals, while others restrict or prohibit them entirely. Before buying, always confirm rental rules. When looking for a property, your local real estate professional should know what properties allow short term rentals and which ones don't.

2. What neighborhoods are best for short-term rentals?

• Mountain Village, Spanish Peaks, & Moonlight Basin: Ski-in/ski-out access makes these properties top earners in winter. But take note that renters do not have access to private club amenities.

• Meadow Village & Town Center: Popular year-round for access to shops, dining, and community events.

• Canyon/Gallatin River areas: Better for longer-term stays or outdoor-focused guests.

3. How much income can I expect from a short-term rental in Big Sky?

Rental income varies widely depending on location, property size, finishes, and amenities. Ski-in/ski-out homes command high rates in winter, while Meadow Village condos and Town Center homes offer steady year-round bookings. For accurate projections, it’s best to request a rental pro forma from a local property management company. Your local real estate professional should be able to help gather these for specific properties.

4. What amenities matter most to guests?

Travelers in Big Sky look for:

• Hot tubs

• Ski storage/mudrooms

• High-end finishes

• Fast Wi-Fi

• Smart home technology for easy check-in/out

  These features increase nightly rates and drive repeat bookings. Be sure to highlight them in your professional photography that markets your property online.

5. Are there seasonal peaks for rental income?

Yes. The strongest demand is during Christmas/New Year’s, Presidents’ Week, and July 4th. Owners who leave these prime weeks open for renters can significantly boost their annual income.

6. Should I manage the rental myself or hire a company?

Self-management is possible, but most Big Sky homeowners hire a local property management company. A good manager will handle bookings, guest support, maintenance, and marketing. While fees range from 20–40%, professional management often results in higher occupancy and less stress.

7. What are the biggest challenges with short-term rentals in Big Sky?

• High turnover costs (cleaning, maintenance).

• Guest management in a remote, snowy environment.

• Competition—there are lots of short term rentals out there. Be sure your property stands out. Five star reviews is a great way to stand out from the crowd!

Conclusion

Short-term rentals are an excellent way to generate income from your Big Sky property, but success depends on choosing the right location, understanding local rules, and delivering the amenities guests expect.

Thinking about buying a vacation rental in Big Sky? Local Big Sky real estate expert, Mia Lennon, can help you identify the best properties for rental potential and connect you with trusted management companies to maximize returns.