Airbnb Market Analytics & Investment Insights
Annual Revenue
$55,528
Based on 720 full time Airbnb rentals
Average Daily Rate
$359
Gross Yield
As of October of 2024, Homes in 83429 ZIP Code have appreciated by 1.51%, with the median home value standing at $542,353, according to Zillow.
There are currently 720 active short-term rentals in 83429 ZIP Code. The average daily rate for these rentals is $359. This translates to an annual revenue of $55,528 for short-term rentals as of October of 2024.
83429 ZIP Code is an investor-friendly location with short-term rental regulations favorable to those looking to invest in short-term rentals.
Average Daily Rate Trend
$359
Occupancy Rate Trend
57%
Let our agents guide you to the best short-term rental investments in Island Park, ID
As of October of 2024, the average gross yield for short-term rentals in 83429 ZIP Code is 10.16%. However, potential investors should also consider the average property tax, which stands at 0.60% according to SmartAsset.
The median household income in 83429 is $58,231.
As of October of 2024, the occupancy rate for Airbnb rentals in 83429 is 57%, which is higher than the average occupancy rate for the United States.
Discover the leading hosts in Island Park ranked by guest ratings and active listings. These hosts combine scale with exceptional guest satisfaction, setting the benchmark for success.
Island Park Reservations leads the market with 249 active listings and maintains an exceptional 4.69 average guest rating.
Chris leads the market with 235 active listings and maintains an exceptional 4.97 average guest rating.
Kabino leads the market with 212 active listings and maintains an exceptional 4.70 average guest rating.
These top performers serve as benchmarks for what drives success in Island Park's competitive short-term rental scene. Their strategies combine operational efficiency with outstanding guest experiences, making them the gold standard for aspiring hosts and property managers in the area.
10 hosts available
As of October of 2024 The unemployment rate in 83429 ZIP Code is 2.8%, which is lower than the national average of 4.1%.
The most impactful amenities for short-term rentals in 83429 include a Record player, Baby bath, and Bikes.
83429 ZIP Code is a popular destination for travelers, with Airbnb demand coming from cities like Salt Lake City, UT (2.68% of all guests), New York, NY (1.56% of all guests), and Seattle, WA (1.36% of all guests).
The top short-term rental hosts in 83429 ZIP Code include Island Park Reservations, Chris and Kabino. These hosts have an average rating of 4.69, 4.97 and 4.70 respectively.
The most popular property types in 83429 ZIP Code are 2-bedroom units, with an average daily rate of $359 and an annual revenue of $63,926.
The average booking lead time for short-term rentals in 83429 ZIP Code is 58 days.
Disclaimer
This page and the data presented are for informational purposes only. The information provided should not be construed as financial, legal, or investment advice. Market conditions can change rapidly, and past performance does not guarantee future results. Always consult with qualified professionals before making investment decisions.
10.16%
Occupancy Rate
57%