Short-term rentals (STRs), often referred to as vacation rentals in Cheyenne, Wyoming, are currently legal and operate with minimal formal restrictions. The local market does not enforce specific regulations distinguishing STRs from other residential properties, which gives hosts considerable flexibility. This absence of stringent regulations encourages a range of property types, including urban apartments and residential homes, to thrive, particularly as the city attracts both tourists and business travelers. Cheyenne hosts a mix of transient visitors drawn by local events, such as Cheyenne Frontier Days, and individuals on business trips, providing a diverse client base for hosts. While there is a state-mandated sales tax of 4% and a lodging tax of 5% for stays under 29 days, property owners should remain aware of any emerging local ordinances that could influence their operations. The Wyoming Department of Revenue oversees tax compliance for these rentals, while general accommodation-related regulations fall under the purview of local government entities. For further information, you can visit the City of Cheyenne’s official website at.