Spirit Lake, ID

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

12 / 38

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$36,706

Middle-Earners Revenue

Occupancy

53%

Middle-Earners Occupancy

Home Value

$565,534

Median Home Sale Price

Top Earners

$59,816

Top-Earners Revenue

Spirit Lake

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Spirit Lake.

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C

Challenging to Investors

Spirit Lake 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.

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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.

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