Performance indicators for the Clear Lake short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Clear Lake.
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Challenging to Investors
STRs are technically legal but operate in a regulatory vacuum with no specific city ordinance, requiring extensive verification of zoning eligibility, unclear licensing/permitting requirements, and standard state tax compliance (5% sales + 5% hotel/motel tax). The lack of clear regulatory framework creates compliance uncertainty and enforcement ambiguity that increases investor risk, though it's not as restrictive as cities with explicit prohibitions.
Local STR Agent
STR specialist · Clear Lake, IA
Clear Lake is a city in Cerro Gordo County, Iowa, United States. The population was 7,687 at the 2020 census. The city is named for the large lake on which it is located. It is the home of a number of marinas, state parks and tourism-related businesses. Clear Lake is also a major stop on Interstate 35 with many restaurants, hotels and truck stops.