Rathdrum, ID

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  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

25 / 96

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$26,974

Middle-Earners Revenue

Occupancy

60%

Middle-Earners Occupancy

Home Value

$583,392

Median Home Sale Price

Top Earners

$46,343

Top-Earners Revenue

Rathdrum

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Rathdrum.

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B

Generally Investor friendly

Rathdrum Regulations

Short‑term rentals are clearly allowed citywide and the city provides a straightforward path via zoning verification, a low‑cost business license ($25) and home‑occupation permit ($25), plus modest site‑plan/CUP fees when needed; there are no caps noted and the city offers clear contacts and a permissive tone. The main drag on an A is the need to navigate zoning constraints and multiple approvals (including conditional use permits in some zones) alongside state sales tax and local transient room tax compliance.

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About Rathdrum

Rathdrum is a small city in Kootenai County, in the northern panhandle of Idaho, with a population of roughly 8,000 residents. It sits in the rolling timberland of the Inland Northwest, where wheat fields give way to pine and fir forests as elevation climbs toward the Selkirk and Cabinet ranges. The town has a quiet, rural-residential character, functioning less as a tourist destination in its own right and more as a peaceful, well-located base for exploring the lakes, mountains, and theme parks of the region. Rathdrum lies about fifteen miles north of Coeur d'Alene and roughly thirty miles east of Spokane, Washington, making it a convenient midpoint for visitors who want to spread out beyond the busier resort towns along the lake.

One of the area's marquee draws is Coeur d'Alene Lake, the large, famously scenic body of water that defines the region's identity. Its southern reaches and main resort city are about twenty minutes south of Rathdrum by car, drawing visitors with swimming beaches, boating, the downtown boardwalk, and the well-known floating green at the Coeur d'Alene Resort Golf Course. The lake is the single biggest magnet for seasonal tourism in the panhandle, and Rathdrum's easy access to it makes the town a practical alternative to pricier lakeside lodging.

Just a short drive north of Rathdrum, in the small community of Athol, sits Silverwood Theme Park, the largest theme and water park in the Pacific Northwest. Visitors can reach the park in roughly twenty to twenty-five minutes via US-95, making Rathdrum a natural staging point for families who want amusement-park thrills paired with quieter evening accommodations away from the crowds. The park's Boulder Beach water park and its collection of wooden and steel coasters make it a strong draw from late spring through early fall.

To the northeast, about a thirty-minute drive, Farragut State Park offers nearly 4,000 acres of forest and meadow on the southern shore of Lake Pend Oreille, one of the largest and deepest freshwater lakes in the United States. Once the site of the Farragut Naval Training Station during World War II, the park now serves visitors with hiking and biking trails, a small museum, disc golf, and easy access to the lake for swimming, kayaking, and fishing. Lake Pend Oreille itself, known for its remarkable depth and the rare kamloops rainbow trout it supports, is a destination in its own right for anglers and boaters.

Rathdrum's appeal as a short-term rental base comes from this unusual combination of small-town quiet and close access to the panhandle's biggest attractions. Guests can spend the day on the water, at the theme park, or on forested trails, then return to a calmer, more affordable setting with a genuine North Idaho feel. For travelers who want to experience the Coeur d'Alene area, Silverwood, and the surrounding lakes and mountains without the peak-season congestion of the lakeside resort towns, Rathdrum offers a convenient and attractive home base.

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