Decorah, IA
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Decorah short-term rental market based on reliable data.
Listings
158 / 257
Reliable / Active
Cap Rate
7%
Middle-Earners Gross Yield
Revenue
$22,005
Middle-Earners Revenue
Occupancy
48%
Middle-Earners Occupancy
Home Value
$298,710
Median Home Sale Price
Top Earners
$50,543
Top-Earners Revenue
Decorah
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Decorah.
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Very Investor friendly
Decorah Regulations
Decorah explicitly allows short‑term rentals citywide, issues a straightforward, no‑fee permit, and enforces a predictable inspection/renewal cycle; state hotel tax filings are routine and no meaningful caps exist, keeping compliance low‑risk and investor‑friendly.
Local STR Agent
STR specialist · Decorah, IA
About Decorah
Decorah, Iowa, is a picturesque city located in the northeastern part of the state. With a population of approximately 7,500 residents, it offers a small-town charm that attracts visitors year-round. Decorah is about 70 miles southeast of Rochester, Minnesota, the closest major city.
Decorah is known for its scenic landscapes and outdoor activities. One of the main attractions is the Decorah Fish Hatchery, where visitors can view the resident bald eagles via the popular Decorah Eagle Cam Decorah Eagle Cam. Additionally, the city is home to the Vesterheim Norwegian-American Museum and Heritage Center Vesterheim Museum, which showcases the area's rich Norwegian heritage through extensive exhibits and a well-preserved collection of artifacts.
The Upper Iowa River, which runs through Decorah, offers excellent opportunities for kayaking, canoeing, and fishing, making it a hotspot for nature enthusiasts. The city boasts a number of parks and trails, including the well-known Trout Run Trail, a scenic 11-mile loop popular with cyclists and hikers.
Given its blend of natural beauty, cultural heritage, and outdoor activities, Decorah makes for an appealing destination for short-term rentals. Visitors can enjoy a mix of relaxation and adventure, experiencing local landmarks and events that highlight the unique character of this charming city.