Iron River, WI
- Overview
- Performance
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Key Performance Metrics
Market snapshotPerformance indicators for the Iron River short-term rental market based on reliable data.
Listings
74 / 168
Reliable / Active
Cap Rate
10%
Middle-Earners Gross Yield
Revenue
$27,638
Middle-Earners Revenue
Occupancy
51%
Middle-Earners Occupancy
Home Value
$284,881
Median Home Sale Price
Top Earners
$67,662
Top-Earners Revenue
Iron River
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Iron River.
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Generally Investor friendly
Iron River Regulations
STRs are clearly allowed in Iron River under county and state rules, but investors must secure a state lodging license (pre‑inspection $300, annual $275) and a county STR permit ($500/unit) plus zoning verification and ongoing compliance (well testing, room tax, insurance). Fees are moderate, processes are well‑documented, and no meaningful caps are indicated, making the environment friendly but not seamless.
Local STR Agent
STR specialist · Iron River, WI
About Iron River
Iron River is a town in Bayfield County, Wisconsin, United States. The population was 1,123 at the 2010 census. The census-designated place of Iron River is located in the town. The unincorporated community of Topside is also located in the town.