Island Park, ID

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

715 / 1384

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$50,082

Middle-Earners Revenue

Occupancy

57%

Middle-Earners Occupancy

Home Value

$566,046

Median Home Sale Price

Top Earners

$97,624

Top-Earners Revenue

Island Park

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Island Park.

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A

Very Investor friendly

Island Park Regulations

Short-term rentals are clearly permitted citywide and countywide (HB 216 prevents bans), with straightforward permitting via Fremont County (Class 1 $200, Class 2 $500) and standard safety/operational requirements. Inspections are limited to septic and well every two years, taxes are handled by platforms, there are no caps on permits, and enforcement is complaint-driven and education-focused—minimal deterrents to investment.

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About Island Park

Island Park, Idaho, is a small city known for its scenic beauty and outdoor recreational opportunities. The city has a modest population of around 300 residents, offering a tranquil and tight-knit community atmosphere. Island Park is located approximately 80 miles from Idaho Falls, the closest major city, making it accessible for visitors seeking a quiet getaway without sacrificing proximity to urban amenities.

The city's appeal for short-term rentals is bolstered by its array of natural attractions and landmarks. Located in Fremont County, Island Park boasts the longest "Main Street" in America, stretching over 33 miles. It is also home to the Island Park Reservoir, which provides ample opportunities for fishing, boating, and other water activities.

Nearby, visitors can explore stunning natural landmarks such as Mesa Falls, a picturesque waterfall nestled within the Caribou-Targhee National Forest. Mesa Falls is particularly popular among tourists for its breathtaking views and excellent hiking trails.

Another key attraction is Harriman State Park, a 16,000-acre wildlife refuge ideal for hiking, horseback riding, and bird-watching. Harriman State Park offers rich biodiversity and historical significance, providing a perfect blend of adventure and education for visitors.

Furthermore, Island Park’s proximity to West Yellowstone, approximately 30 miles away, makes it an excellent base for tourists looking to visit Yellowstone National Park. This proximity enhances the city's appeal as a short-term rental destination, catering to nature lovers and adventure seekers alike.

In summary, Island Park, Idaho, is a captivating locale for short-term rentals, offering a gateway to numerous outdoor activities and iconic natural attractions, all while maintaining a peaceful, small-town charm.

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