Star, Idaho Short-Term Rental Market Overview
Visitor Profile
Star, Idaho, is an emerging tourism destination attracting approximately 300,000 annual visitors, drawn by its picturesque landscapes and outdoor recreational opportunities. The primary demographic of visitors includes families and outdoor enthusiasts, with a significant portion aged between 25 and 54. The main purposes for visiting Star are outdoor activities such as hiking, fishing, and biking, alongside cultural experiences and community events. This influx of visitors contributes significantly to the local economy, with tourism-related spending projected to exceed $10 million annually, supporting local businesses and creating jobs.
Key visitor statistics indicate that Star experiences peak tourism seasons during the summer months, particularly from June to August, when outdoor activities are at their most popular. The average length of stay for visitors is around three to four days, allowing ample time to explore the area’s natural beauty and attractions. Notably, the demographic profile reveals that about 60% of visitors are from within Idaho, while the remainder comes from neighboring states, particularly California and Washington. According to the tourism bureau, annual visitors have steadily increased, reflecting a broader trend in Idaho’s tourism growth (https://www.idahostatejournal.com/business_journal/regional/the-state-of-tourism-both-locally-and-statewide-idaho-s-annual-number-of-visitors-is/article_b8d4022e-d3d3-568b-9904-ed4aaa310075.html). Additionally, the release of new travel guides by Visit Idaho highlights the state’s commitment to promoting its attractions, further bolstering visitor numbers (https://www.kivitv.com/news/outdoors/visit-idaho-releases-new-travel-guide-for-2023-as-tourism-numbers-continue-to-grow). As Star continues to develop its tourism infrastructure, it is poised to become a key player in Idaho’s tourism landscape, appealing to a diverse range of visitors seeking adventure and relaxation.
Top Attractions
Star, Idaho, is a charming small town that offers a delightful mix of outdoor adventures, cultural experiences, and family-friendly activities. Nestled along the banks of the Boise River, Star is known for its picturesque landscapes and welcoming community. Visitors can explore the scenic Star Riverwalk, which provides a serene pathway for walking and biking while showcasing the natural beauty of the area. Additionally, Eagle Island State Park is just a stone’s throw away, offering a variety of recreational opportunities, including swimming, picnicking, and hiking. With its blend of attractions, Star promises a memorable experience for everyone, making it a perfect destination for those seeking both relaxation and adventure.
One of the top attractions in Star is the Star Riverwalk, a beautiful pathway that meanders along the Boise River. This scenic trail is perfect for walking, jogging, or biking, providing stunning views of the river and surrounding nature. The Riverwalk is a great spot for families and individuals looking to enjoy the outdoors while taking in the local wildlife. For more information, visit the official guide at GemState PDR (https://www.gemstatepdr.com/visit-star/).
Another must-visit location is Eagle Island State Park, which features over 500 acres of recreational space. The park offers swimming areas, picnic spots, and trails for hiking and biking, making it an ideal destination for outdoor enthusiasts. Visitors can enjoy a day of fun in the sun or explore the park’s diverse ecosystems. Learn more about Eagle Island State Park at the Idaho Commerce website (https://commerce.idaho.gov/press-releases/visit-idaho-unveils-2024-official-idaho-travel-guide/).
Lastly, the nearby Boise River is perfect for fishing, kayaking, and tubing, providing a refreshing escape during the warmer months. With its combination of natural beauty and recreational opportunities, Star is a hidden gem in Idaho that offers a variety of attractions for all ages. For additional insights on beautiful places to visit in Idaho, check out GlobalGrasshopper (https://globalgrasshopper.com/destinations/north-america/top-15-of-the-most-beautiful-places-to-visit-in-idaho/).
Regulations
Star, Idaho, is becoming an increasingly popular destination for short-term rentals, but property owners must navigate a specific set of regulations to operate legally. The city requires all short-term rental operators to obtain a business license, ensuring compliance with local zoning laws and safety standards. Additionally, owners are responsible for collecting and remitting a 2% local option tax on rental income. Understanding these regulations is crucial for anyone looking to enter the short-term rental market in Star, as violations can lead to significant penalties. For those interested in maximizing their investment while adhering to local laws, it is essential to familiarize themselves with the complete regulatory framework.
To operate a short-term rental in Star, property owners must first obtain a business license from the city. This license ensures compliance with zoning regulations, which dictate where short-term rentals can be located. Owners are also required to pay a local option tax of 2% on rental income, with deadlines for remittance outlined in the city’s tax guidelines. Safety requirements, including smoke detectors and fire extinguishers, must be met to ensure guest safety. Failure to comply with these regulations can result in fines or the revocation of the rental license. For more detailed information on licensing and regulations, property owners can visit the official Star Card website (https://itd.idaho.gov/starcard/faq.html), which provides essential resources for navigating local laws. Understanding these Star short-term rental regulations is vital for a successful and compliant rental operation.
Vacation Rental Market Overview for Star
Star attracts visitors with its cultural attractions and historic sites and urban amenities and entertainment. 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.
Star, Idaho Market Performance Trends
Short-Term Rental Market Performance Analysis for Star
The short-term rental market in Star 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.
Star, Idaho Housing Market Data
Home Value Trends
Market Overview
- Typical Home Value:$576,491
- Median Sale Price:$615,233
- Median List Price:$708,283
Current Inventory
- Homes For Sale:121
- New Listings:26
Detailed Market Analysis
Real Estate Market Analysis for Star, Idaho
The residential real estate market in Star, 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: growing population trends, economic development, and lifestyle amenities These factors contribute to the overall market performance and future growth potential.
Real estate investments in Star, Idaho benefit from growing rental market potential and investment opportunities. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.
Star, Idaho Rental Market Insights
10-Year Market Growth
Booking Activity
- 1-3 Months:57.1% Booked
- 4-6 Months:73.7% Booked
- 7-9 Months:45% Booked
- 10-12 Months:0% 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 Star
Star 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.
Star, Idaho Rental Market Composition
Entire Place by Beds
Common Rental Amenities
Amenity data is not available for this location.
Vacation Rental Property Types in Star
The vacation rental market in Star 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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