Rental numbers for the Spirit Lake, IA metro
The typical home here runs -$1,662 a month at 7.78% with 25% down.
- Gross yield
- 4.2%
- typical home, Zillow
- Median ZIP yield
- n/a
- 0 ZIPs with full data
- Cash flow
- -$1,662/mo
- at 7.78%, 25% down
- Typical price
- $386,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,350/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
7 with published figures
| 51334Estherville | $145,000 | $960* | 8.0% | 3.3% | -$386 | n/a |
| 51364Terril | $183,000 | $1,030* | 6.8% | 2.9% | -$539 | n/a |
| 51347Lake Park | $254,000 | $1,180* | 5.6% | 2.4% | -$863 | n/a |
| 51351West Okoboji | $344,000 | $1,040* | 3.6% | 0.8% | -$1,636 | n/a |
| 51360Spirit Lake | $406,000 | $1,120* | 3.3% | 0.6% | -$1,993 | n/a |
| 51355Okoboji | $448,000 | $1,130* | 3.0% | 0.3% | -$2,293 | n/a |
| 51331Arnolds Park | $460,000 | $1,070* | 2.8% | 0.2% | -$2,401 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.0%
- Rent, 12 months
- n/a
- Rent minus price growth
- n/a
- Property tax
- 0.95%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $298,548 | n/a |
| Aug 2022 | $351,044 | n/a |
| Aug 2023 | $361,311 | n/a |
| Aug 2024 | $377,297 | n/a |
| Aug 2025 | $378,571 | n/a |
| Aug 2026 | $386,064 | $1,350 |
Counties
- Dickinson County, IAn/a median yield
- Emmet County, IAn/a median yield
Tools
Questions
- Is the Spirit Lake, IA metro good for rental property?
- The typical home here runs -$1,662 a month at 7.78% with 25% down. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Spirit Lake, IA metro have the highest rental yield?
- , on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.