Spirit Lake, ID
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Spirit Lake short-term rental market based on reliable data.
Listings
10 / 48
Reliable / Active
Cap Rate
8%
Middle-Earners Gross Yield
Revenue
$44,763
Middle-Earners Revenue
Occupancy
62%
Middle-Earners Occupancy
Home Value
$565,075
Median Home Sale Price
Top Earners
$80,901
Top-Earners Revenue
Challenging To Investors
Local Regulations
STRs are explicitly allowed, but constrained to limited zoning pathways (B&B in specified residential zones with 65% open space; vacation rentals only in the commercial zone) and require multiple plans, permits, and performance standards. The absence of a simple citywide STR license and reliance on county codes increases complexity and compliance costs, lowering investor-friendly ease while keeping operations legal.
About Spirit Lake
Spirit Lake is a city in Kootenai County, Idaho. The population was 1,945 at the time of the 2010 census, up from 1,376 in 2000. It is part of the Coeur d'Alene Metropolitan Statistical Area, which includes the entire county.