Spirit Lake, IA

Key Performance Metrics

Market snapshot

Performance indicators for the Spirit Lake short-term rental market based on reliable data.

Listings

268 / 599

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$29,564

Middle-Earners Revenue

Occupancy

46%

Middle-Earners Occupancy

Home Value

$321,161

Median Home Sale Price

Top Earners

$56,196

Top-Earners Revenue

Spirit Lake

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Spirit Lake.

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Very Investor friendly

Spirit Lake Regulations

Iowa preempts STR‑specific rules; Spirit Lake imposes no city STR license or permit fees and no caps, so STRs are treated as permitted residential uses. The main burden is routine zoning/occupancy compliance and standard taxes, not an investment‑deterring regulatory regime.

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About Spirit Lake

Spirit Lake is a city in Dickinson County, Iowa, United States. The population was 5,439 at the 2020 census. It is the county seat of Dickinson County.The town is located along the western shore of East Okoboji Lake, in the Iowa Great Lakes region.