Hagerman, ID

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

45 / 65

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$22,052

Middle-Earners Revenue

Occupancy

52%

Middle-Earners Occupancy

Home Value

$415,587

Median Home Sale Price

Top Earners

$39,027

Top-Earners Revenue

Hagerman

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Hagerman.

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C

Challenging to Investors

Hagerman Regulations

Hagerman lacks explicit city STR rules (no caps, permits, or enforcement guidance), so feasibility relies on a single unverified STR example in an R‑2 zone; investors must obtain a zoning determination and comply with uncertain licensing, fees, and reporting, creating notable regulatory uncertainty and potential constraints.

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About Hagerman

Hagerman is a small town in Gooding County, Idaho, with a population of roughly 900 residents. Set in the sunny Hagerman Valley along the Snake River, it carries a laid-back, rural character shaped by surrounding orchards, ranches, and the slow pace of high-desert living. The town is best known as the gateway to a remarkable cluster of fossil sites and spring-fed waterways, and it draws visitors who come for paleontology, birdwatching, and the easy access to the Snake River canyon country. The nearest major city is Boise, about 95 miles to the west, while the larger regional hub of Twin Falls sits roughly 30 miles to the east.

Just a few miles west of town, Hagerman Fossil Beds National Monument preserves one of the richest Pliocene-era fossil deposits in the world, including the Hagerman Horse, a zebra-like ancestor of the modern horse. The monument's visitor center, bluff-top trails, and overlooks give travelers an accessible way to step into a landscape that was a marshy savanna more than three million years ago. The drive from downtown Hagerman to the main overlooks is only about ten minutes, making it an easy half-day outing for short-term guests and a frequent anchor for area itineraries.

To the east and south of town, Thousand Springs State Park spreads across a series of separate units that follow the spring-fed cliffs of the Snake River canyon. Within about a 15- to 20-minute drive, visitors can reach Malad Gorge, where a waterfall drops into a deep slot canyon, and Ritter Island, a peaceful riverfront unit popular for picnicking and wildlife viewing. The springs themselves, gushing from the canyon walls in a steady, powerful flow, form one of the largest natural spring systems in North America and a signature feature of the region.

The Snake River itself shapes the everyday experience of visiting Hagerman. Just south of town, the river widens into a chain of reservoirs that draw anglers for trout and bass, while the surrounding canyon walls offer hiking, birdwatching, and quiet pull-offs. The town's small but walkable main street, anchored by a few cafes, farm stands, and locally owned shops, gives the destination an unhurried, neighborly feel that contrasts with the busier resort towns elsewhere in southern Idaho.

With its sunny climate, central location between Boise and Twin Falls, and a steady stream of fossil- and nature-focused tourism, Hagerman offers short-term rental owners a base that appeals to road-trippers, retirees, families, and travelers seeking an off-the-beaten-path Idaho experience. The combination of a national monument, a multi-unit state park, and easy river access gives the area year-round reasons to visit, while its small scale keeps the visitor experience relaxed, uncrowded, and distinctly rural.

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