Rexburg, Idaho Short-Term Rental Market Overview
Visitor Profile
Rexburg, Idaho, attracts approximately 1.2 million visitors annually, drawn by its unique blend of cultural, educational, and recreational offerings. The primary demographic of these visitors includes families, college students, and outdoor enthusiasts, with a significant portion coming from neighboring states such as Utah and Wyoming. Many visitors come to explore the local attractions, including the popular Rexburg Rapids and the nearby Teton Mountains, while others visit for events related to Brigham Young University-Idaho. The economic impact of tourism in Rexburg is substantial, contributing millions to the local economy and supporting various businesses, from hotels to restaurants.
Key visitor statistics reveal that the majority of travelers to Rexburg are between the ages of 25 and 44, with a balanced gender distribution. The main reasons for visiting include outdoor activities, family gatherings, and educational pursuits, with an average length of stay of about three days. Peak seasons typically occur during the summer months, particularly from June to August, when outdoor activities are at their height. According to the tourism bureau (https://www.rexburg.org/page/visitor-information/), the influx of visitors during this time significantly boosts local hospitality revenues. Additionally, the Rexburg Chamber of Commerce (https://rexburgchamber.org/visit-rexburg/) highlights that many visitors engage in local events and festivals, further enhancing their experience. Understanding these visitor demographics and travel patterns is crucial for STR operators, as it allows them to tailor their offerings to meet the needs of this diverse visitor base and maximize occupancy rates throughout the year.
Top Attractions
Rexburg, Idaho, is a charming city that offers a delightful mix of outdoor adventures, cultural experiences, and family-friendly activities. Nestled in the scenic beauty of Eastern Idaho, Rexburg is home to several signature attractions that promise to captivate visitors of all ages. From the awe-inspiring Legacy Flight Museum to the engaging Rexburg Rapids Water Park, the city provides a variety of experiences that highlight its unique character. Whether you’re exploring the rich history of the area or enjoying the natural landscapes, Rexburg attractions cater to diverse interests and ensure an unforgettable visit.
One of the top attractions in Rexburg is the Legacy Flight Museum, where aviation enthusiasts can marvel at a collection of vintage aircraft and learn about the history of flight. The museum features interactive exhibits and guided tours, making it a perfect destination for families and history buffs alike. For more information, visit their website at https://rexburgchamber.org/visit-rexburg/. Another must-see is the Rexburg Rapids Water Park, which offers a fun-filled day for families with its thrilling water slides and lazy river. This water park is a fantastic way to cool off during the warmer months.
For those interested in the arts, the Brigham Young University-Idaho’s art galleries showcase rotating exhibits that highlight local and regional artists. The galleries are free to the public and provide a great opportunity to appreciate the vibrant art scene in Rexburg. Lastly, the beautiful Porter Park is ideal for outdoor enthusiasts, featuring walking trails, picnic areas, and playgrounds. To discover more about Rexburg and its attractions, check out the official visitor information page at https://www.rexburg.org/page/visitor-information/ and explore the broader region at https://visitidaho.org/regions/east/. Rexburg is a hidden gem waiting to be explored!
Regulations
Rexburg, Idaho, has established specific regulations for short-term rentals to ensure compliance and safety within the community. Property owners looking to operate short-term rentals must obtain a business license and adhere to local zoning laws. Additionally, owners are required to collect and remit a 2% lodging tax on rental income. The city emphasizes the importance of safety, mandating that properties meet certain health and safety standards. Understanding these regulations is crucial for property owners to avoid penalties and ensure a smooth rental experience. For those interested in the details of Rexburg short-term rental regulations, further information is available through official city resources.
To legally operate a short-term rental in Rexburg, property owners must first apply for a business license through the city. This process includes providing proof of ownership and compliance with local zoning regulations. The city enforces a lodging tax of 2% on rental income, which must be reported and paid quarterly. Zoning restrictions may limit where short-term rentals can operate, often requiring properties to be located in designated areas. Safety requirements include ensuring that the property is equipped with smoke detectors and fire extinguishers. Failure to comply with these regulations can result in fines or revocation of the rental license. For more detailed information on the regulations, visit the City of Rexburg’s official website (https://www.rexburg.id.gov/) and explore the resources available for property owners. Additionally, for recreational opportunities in the area, check out the Rexburg City Ponds (https://idfg.idaho.gov/ifwis/fishingplanner/water/1117842438373).
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Vacation Rental Market Overview for Rexburg
Rexburg attracts visitors with its cultural attractions and historic sites 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.
Rexburg, Idaho Market Performance Trends
Short-Term Rental Market Performance Analysis for Rexburg
The short-term rental market in Rexburg 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: emerging growth market with increasing demand
Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.
Rexburg, Idaho Housing Market Data
Home Value Trends
Market Overview
- Typical Home Value:$408,600
- Median List Price:$473,116
Current Inventory
- Homes For Sale:118
- New Listings:27
Detailed Market Analysis
Real Estate Market Analysis for Rexburg, Idaho
The residential real estate market in Rexburg, Idaho presents unique opportunities for investors and homebuyers alike. Current market dynamics show steady growth patterns in an established market with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.
Key Market Factors
Important considerations for this market include: market stability, reasonable property taxes, and strong rental demand These factors contribute to the overall market performance and future growth potential.
Real estate investments in Rexburg, 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.
Rexburg, Idaho Rental Market Insights
10-Year Market Growth
Booking Activity
- 1-3 Months:60.5% Booked
- 4-6 Months:61.9% Booked
- 7-9 Months:49.5% Booked
- 10-12 Months:3.4% 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 Rexburg
Rexburg 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 seasonal policy variations maximizing revenue. 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.
Rexburg, Idaho Rental Market Composition
Entire Place by Beds
Common Rental Amenities
Amenity data is not available for this location.
Vacation Rental Property Types in Rexburg
The vacation rental market in Rexburg 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 diverse property sizes from studios to large homes. 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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