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Boone, IA
Generally Investor Friendly
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Executive summary
Important note on sources
Source: [1] Boone, IA – Ordinance No. 2227 (Chapter 171 – Rental Code) [PDF]
Boone hosts earn a median $14,401/year with $92 ADR and 57% occupancy.
Top performers pull in $22,174+ per year.
See the full Boone market breakdownSource: [1] Sections 171.05–171.11, 171.09
City-level documents and actions
State-level requirements incorporated by reference
Lead-based paint disclosure
Fees and schedule
Sources: [1] Sections 171.05, 171.06, 171.07, 171.10, 171.11; Iowa Code §100.18; 661 IAC 210.1, 210.3(11)
City of Boone – Rental Code (Chapter 171)
Fire and life safety
Inspection cycles and performance criteria
Enforcement and penalties
State-level regulations (Iowa) referenced in Boone’s Code
County-level
Source: [1] Sections 171.02–171.18; Iowa Code §100.18; 661 IAC 210.1, 210.3(11)
Sources: [1] Sections 171.03, 171.16; City ordinance footer addresses and phone
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Boone is a small city in central Iowa that serves as the county seat of Boone County, with a population of roughly 12,000 residents. The community has a friendly, small-town Midwestern character, anchored by a walkable historic downtown, tree-lined residential streets, and an economy historically tied to the railroad and surrounding farmland. Today, Boone is best known as a convenient gateway to several of central Iowa's most popular outdoor and historical destinations, and as the closest sizeable town to a number of state and county parks. It sits about 50 miles northwest of Des Moines, the state's capital and largest city, making it a reasonable drive-in-and-drive-out stop for visitors exploring the region.
A short drive south of town brings visitors to the Boone & Scenic Valley Railroad, one of Iowa's most popular heritage railway experiences. The railroad runs excursion trains through the Des Moines River valley, including routes that pass by the remains of the historic coal mining town of Fraser, and it draws families and rail enthusiasts throughout the warmer months. Trains depart from downtown Boone, making the operation essentially a walkable attraction for anyone staying in the city.
Just a few miles west of Boone lies Ledges State Park, a 1,600-acre park known for its dramatic sandstone outcroppings, narrow canyon trails, and shaded Des Moines River overlooks. The park is one of the most visited in Iowa, especially for camping, picnicking, and hiking, and its proximity to Boone makes it a natural day trip for guests looking to spend time outdoors without a long drive.
History-minded travelers often visit the Mamie Eisenhower Birthplace, a modest house museum in Boone that commemorates the early life of the former First Lady, who grew up in the area before her father moved the family to Abilene, Kansas. The site, operated as part of the Iowa History connection, draws visitors interested in presidential and First Lady history, and it complements the broader heritage feel of the community.
The Iowa Arboretum, located between Boone and the nearby town of Madrid, offers a different kind of outing, with themed gardens, native prairie collections, and walking paths set across several hundred acres. It tends to be a quieter, more contemplative stop that pairs well with a weekend spent exploring the Boone area.
Boone makes a compelling base for short-term rentals because it combines small-town affordability and charm with direct access to some of central Iowa's strongest draws. Guests can spend the morning hiking the Ledges, the afternoon riding the scenic railroad, and the evening dining in the historic downtown, all without battling the larger crowds of Des Moines or Ames. That blend of convenience, outdoor recreation, and historic character gives the city year-round appeal for travelers seeking a relaxed Iowa experience.
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