Pros & Cons of Investing in a Vacation Rental in Idaho

Pros & Cons of Investing in a Vacation Rental in Idaho

Investors looking to purchase a vacation rental in Idaho have several options to choose from. Idaho’s landscape is diverse, offering visitors stunning natural attractions such as rivers, mountains, and forests. In addition to outdoor activities like skiing, hiking, and fishing, Idaho offers a variety of urban amenities from small towns to larger cities. This makes it an ideal place for VRBO owners who want to appeal to a range of different types of travelers.

Vacation Rentals in Idaho

Best Locations to Invest in Vacation Rentals in Idaho

Areas along the Snake River, are particularly popular for vacation rentals due to their easy access to the outdoors. Other popular locations for short-term rentals are McCall, Swan Valley, Garden Valley, Idaho City, and Donnelly. The major metro areas such as Boise and Coeur d'Alene are great for people that are relocating to those areas for jobs or retirement.

Pros of Investing in a Vacation Rental in Idaho

  • The cost of living in Idaho is substantially lower than in many other states
  • The VRBO market in Idaho is still relatively young, so there is plenty of room for owners to grow their businesses and increase profits
  • High demand for rentals due to the proximity to many popular destinations such as Yellowstone National Park or Payette Lake
  • Affordable real estate prices compared to other vacation hot spots in the country
  • Potential to generate steady rental income
  • Idaho is a low-tax state, making it more attractive to investors
  • You can enjoy the property for your own personal use or plan to use it once you retire
  • More people are desiring vacation rentals as an alternative accommodation option

Cons of Investing in a Vacation Rental in Idaho

  • Seasonal fluctuations can lead to periods with low occupancy rates
  • Maintenance costs can be high depending on the property's age and condition
  • Weather conditions may limit the seasonality of some more remote rentals
  • Finding a reliable and quality cleaning service
  • Potential for damages to property or disturbances from guests
  • Availability of local contractors and services to maintain the property

Tips for Maximizing ROI for your Vacation Rental Investment

  • Consider renting out your property during peak season at higher rates than off-peak times
  • Market your rental to a variety of different types of travelers
  • Leverage booking platform and marketing capabilities
  • Invest in amenities like hot tubs, pools, or game rooms that appeal to renters
  • Provide quality customer service to guests for repeat business
  • Offer discounts and packages to attract more travelers in the off seasons
  • Invest in a professional photographer for appealing pictures

Closing Thoughts on VRBOs and Vacation Rentals In Idaho

Investing in a vacation rental in Idaho can be both rewarding and challenging. By researching locations, assessing the pros and cons, and using a booking platform with great traffic exposure, an investor can maximize their potential ROI.

If you are interested in finding properties to invest in, our team can assist you with finding available properties in popular vacation areas that and provide you with resources to help you make an informed and smart financial decision.

23 Properties
Page 1 of 2
$1,255,500
Condo: Crystal Beach Condo
3
Beds
2
Baths
1,389
Sq.Ft.
1971
Year Built
13
Days on Site
98867681
MLS
Are you looking for Payette Lake Frontage with no maintenance? Crystal Beach Condos combines the wonders of a lakefront lifestyle with a lock and leave, no maintenance opportunity! This corner unit...
1
Beds
2
Baths
997
Sq.Ft.
2021
Year Built
17
Days on Site
98867265
MLS
This 1 bedroom 1.5 luxury condo in the San Miguel building of the Village at Tamarack is turn-key featuring a Quartz waterfall kitchen island, stainless steel appliances, a modern linear gas...
$550,000
Condo: Tamarack Resort - Donnelly
1
Baths
537
Sq.Ft.
2006
Year Built
21
Days on Site
98867052
MLS
Completely remodeled condo in the Lodge at Osprey Meadows in Tamarack Resort! This studio condo has a new, mountain-modern feel with new flooring, paint, new kitchen complete with custom cabinetry,...
$490,000
Condo: Aspen Village
1
Beds
2
Baths
955
Sq.Ft.
1982
Year Built
23
Days on Site
98866903
MLS
Priced to sell, established vacation condo. One bedroom w/ loft area to use as a second bedroom. Located just down the road from the pool and the Club. Close to McCall Golf Course, Davis Beach, and...
$689,000
Condo: Tamarack Resort - Donnelly
1
Beds
1
Baths
797
Sq.Ft.
2020
Year Built
62
Days on Site
98864987
MLS
Offered completely turn-key, this mountain-modern residence has white oak hardwood flooring, quartz countertops, stainless steel appliances, Sea & Ski housewares package, luxury linens, flat screen...
$1,240,000
Condo: Alpine Village
3
Beds
4
Baths
2,535
Sq.Ft.
2008
Year Built
73
Days on Site
98864208
MLS
Elegance and mountain luxury at its finest. This unique and coveted penthouse at the top of Alpine Village in the heart of McCall is truly one of a kind. An elegantly appointed 3bd/ 3.5 ba ideally...
$819,000
Condo: Tamarack Resort - Donnelly
1
Beds
2
Baths
1,000
Sq.Ft.
2021
Year Built
97
Days on Site
98862817
MLS
One year new! This well-appointed condo in San Miguel is one of the largest 1-bedroom units available at Tamarack Resort. From the gorgeous quartz waterfall island to the black slate fireplace,...
$379,000
Condo: Aspens Condos
2
Beds
1
Baths
752
Sq.Ft.
1981
Year Built
99
Days on Site
98862559
MLS
Located in the Aspen Condos complex across from Golf Course. 2 bedrooms with 1 bath plus a small loft area with compact kitchen, unit backs to nicely wooded common area for extra privacy....
$369,000
Condo: Aspens Condos
2
Beds
1
Baths
752
Sq.Ft.
1981
Year Built
106
Days on Site
98861886
MLS
Nice McCall Condo across from Golf Course. Would make a nice low maintenance full time residence or perfect long term or vacation rental. Has 2 bedrooms with 1 bath plus a small loft area that has...
$1,250,000
Condo: Tamarack Resort - Donnelly
2
Beds
2
Baths
967
Sq.Ft.
2020
Year Built
121
Days on Site
98860673
MLS
Owner my consider OWC. CLA for more details. Top Floor Penthouse Condo in the new Village at Tamarack. This coveted, 5th floor, corner unit has the wrap around deck showcasing the beautiful views...
$699,000
Condo: Tamarack Resort - Donnelly
1
Beds
1
Baths
797
Sq.Ft.
2020
Year Built
121
Days on Site
98860675
MLS
This one bedroom luxury penthouse condo on the top floor of the the Roseberry building of the Village at Tamarack is offered completely turn-key including a Ski & Sea housewares package, 2 flat...
$389,000
Condo: Aspens Condos
2
Beds
1
Baths
752
Sq.Ft.
1981
Year Built
121
Days on Site
98860706
MLS
Located in the Aspen Condos complex across from Golf Course. This unit is currently set up and is being used as a professional office with street frontage along Davis Ave, however it can also be used...
All listings featuring the IMLS IDX logo are provided courtesy of the Intermountain Multiple Listing Service, Copyright 2023.
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed. All listings provided by IMLS are marked with the official IMLS IDX logo.

Post a Comment