Coeur D Alene, Idaho Short-Term Rental Market Overview
Visitor Profile
Coeur d’Alene, Idaho, attracts approximately 4.5 million visitors annually, drawn by its stunning natural beauty and vibrant recreational opportunities. The primary demographic of these visitors includes families, outdoor enthusiasts, and retirees, with a notable percentage (around 35%) aged between 25 and 44. Most travelers come for leisure, with activities such as boating, hiking, and skiing being popular draws. The economic impact of tourism in Coeur d’Alene is significant, generating over $300 million in revenue for the local economy, which supports various sectors, including hospitality, retail, and services.
In terms of visitor statistics, the annual influx of 4.5 million tourists primarily consists of domestic travelers, with around 60% coming from neighboring states like Washington and Montana. The main reasons for visiting include outdoor recreation (45%), family vacations (30%), and events or conferences (25%). The average length of stay is approximately 3.5 days, with peak seasons occurring during summer and winter, when outdoor activities are at their height. According to the tourism bureau (https://evendo.com/locations/idaho/coeur-d-alene/landmark/coeur-d-alene-convention-visitor-bureau), the city experiences a surge in visitors during the annual Ironman competition and the summer’s Fourth of July celebrations. STR data indicates that hotel occupancy rates can reach 85% during peak times, highlighting the importance of effective marketing strategies for accommodation providers. For more insights on attractions and activities, visit the comprehensive guide on things to do in Coeur d’Alene (https://www.bennettbayinn.us/blog/coeur-dalene-vacation-guide-for-firsttime-visitors/). Understanding these visitor demographics and travel patterns is essential for stakeholders aiming to enhance their offerings and cater to the evolving needs of tourists in this picturesque destination.
Top Attractions
Coeur D Alene, Idaho, is a stunning destination that offers a delightful mix of outdoor adventures, cultural experiences, and family-friendly activities. Nestled beside the sparkling waters of Lake Coeur d’Alene, this charming city is known for its breathtaking scenery and vibrant community. Visitors can explore the iconic Coeur d’Alene Resort, famous for its floating golf green, or take a leisurely stroll along the picturesque waterfront. With a variety of attractions to suit every interest, from art galleries to outdoor parks, Coeur D Alene is a place where every traveler can find something to enjoy year-round.
One of the top attractions in Coeur D Alene is the Coeur d’Alene Resort, which offers stunning views of the lake and a range of activities, including boat rentals and spa services. The resort is also home to the renowned floating golf green, a unique golfing experience that draws visitors from all over. For those interested in art and culture, the Museum of North Idaho provides a fascinating look at the region’s history and heritage. The museum features exhibits on local Native American culture, the logging industry, and more. Families will love the Coeur d’Alene City Park, which boasts sandy beaches, picnic areas, and playgrounds, making it an ideal spot for a day of fun. To plan your visit and discover more about Coeur D Alene attractions, check out the official visitor guide at https://www.bennettbayinn.us/blog/coeur-dalene-vacation-guide-for-firsttime-visitors/. Whether you’re seeking adventure or relaxation, Coeur D Alene has something for everyone to enjoy.
Regulations
Coeur D Alene, Idaho, has established specific regulations for short-term rentals to ensure compliance with local laws and community standards. Property owners looking to operate short-term rentals must first obtain a short-term rental license from the city, which is essential for legal operation. This license must be renewed annually. Additionally, owners are required to collect a 2% lodging tax for the Idaho State Tax Commission and a 5% city tax on rental income. Zoning restrictions are also in place, limiting short-term rentals to specific areas within the city. Safety requirements, including smoke detectors and carbon monoxide alarms, must be met to ensure guest safety. Understanding these regulations is crucial for property owners to avoid penalties and maintain compliance.
Key requirements for short-term rentals in Coeur D Alene include obtaining a short-term rental license, which can be applied for through the city’s official website. Property owners must also adhere to tax obligations, including the collection of the aforementioned lodging taxes. Zoning regulations dictate where short-term rentals can operate, and owners should verify their property’s zoning designation before proceeding. Safety requirements are outlined in the municipal code, ensuring that properties meet health and safety standards. Violations of these regulations can result in fines or revocation of the rental license. For complete regulations, visit the City of Coeur D Alene’s official website (https://www.cdaid.org) and refer to the municipal code (https://library.municode.com/id/coeur_d_alene).
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Vacation Rental Market Overview for Coeur D Alene
Coeur D Alene attracts visitors with its beaches and waterfront activities and adventure sports and activities. The short-term rental market here serves diverse traveler demographics, from business professionals to family vacationers.
This destination’s rental market offers unique opportunities for property investors, with comprehensive data revealing seasonal patterns and demand drivers.
Coeur D Alene, Idaho Market Performance Trends
Short-Term Rental Market Performance Analysis for Coeur D Alene
The short-term rental market in Coeur D Alene demonstrates dynamic pricing patterns and occupancy trends that savvy property investors and managers monitor closely. This comprehensive 12-month analysis reveals seasonal variations and revenue optimization opportunities.
Market Trend Summary
Current market indicators show: year-round stability with consistent occupancy
Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.
Coeur D Alene, Idaho Housing Market Data
Home Value Trends
Home value history is not available for this location.
Real Estate Market Analysis for Coeur D Alene, Idaho
The residential real estate market in Coeur D Alene, Idaho presents unique opportunities for investors and homebuyers alike. Current market dynamics show affordable housing options with growth potential with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.
Key Market Factors
Important considerations for this market include: growing population trends, economic development, and lifestyle amenities These factors contribute to the overall market performance and future growth potential.
Real estate investments in Coeur D Alene, Idaho benefit from diverse property options and stable neighborhood development. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.
Coeur D Alene, Idaho Rental Market Insights
10-Year Market Growth
Booking Activity
- 1-3 Months:63.1% Booked
- 4-6 Months:49.5% Booked
- 7-9 Months:40.7% Booked
- 10-12 Months:7% Booked
Cancellation Policies
- Flexible:0%
- Moderate:0%
- Strict:0%
- Super Strict:0%
Minimum Stay
- 1 Day:0
- 2 Days:0
- 3 Days:0
- 4-6 Days:0
- 7-29 Days:0
- 30+ Days:0
Short-Term Rental Regulations and Booking Patterns in Coeur D Alene
Coeur D Alene vacation rental operators navigate specific local regulations and booking patterns that shape market dynamics. Understanding minimum stay requirements, cancellation policies, and booking windows is essential for successful property management.
Market analysis reveals structured minimum stays optimizing for weekly rentals. These insights help property managers optimize their listing strategies and maximize occupancy.
Local regulations and platform policies influence rental operations. StaySTRA provides comprehensive policy tracking and compliance insights.
Coeur D Alene, Idaho Rental Market Composition
Entire Place by Beds
Common Rental Amenities
Amenity data is not available for this location.
Vacation Rental Property Types in Coeur D Alene
The vacation rental market in Coeur D Alene features a diverse mix of property types, from cozy studios to spacious family homes. Understanding the property composition helps investors identify market gaps and opportunities.
Market characteristics include predominantly entire home rentals catering to families. This distribution reflects local demand patterns and traveler preferences.
Premium amenities and guest ratings play a crucial role in rental performance, with data showing clear correlations between specific features and booking rates.
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