What Airbnb listings in Central Arnolds Park and Milford Area earn, how often they're booked, and how that compares with the rest of Spencer, IA.

Over the past 12 months, regularly available listings in Central Arnolds Park and Milford Area earned $38,991 on average, were booked for 56% of the nights they were open, and averaged $409 a night. The median gross yield, before expenses, is 13.5%.
Yearly revenue
$38,991
Occupancy
56%
Nightly rate
$409
Gross yield
13.5%
before expenses
Median of 44 listings
Active listings
63
Central Arnolds Park and Milford Area averaged $38,991 in trailing-year booking revenue, above $29,719 for the wider Spencer, IA market. Its occupancy was also higher: 56% versus 50%.
Occupancy measures the share of available nights booked, not the share of every night in the year. When estimating bookings, apply an occupancy assumption to the nights the property will actually offer, rather than automatically using a full calendar. Compare similarly sized listings before treating the area's revenue average as a target.
Commentary uses groups of at least 20 listings. Tables may include smaller groups.
Regularly available Airbnb listings in Central Arnolds Park and Milford Area earned an average of $38,991 over the past 12 months. That is 31% more than the Spencer, IA average of $29,719. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
Listings in Central Arnolds Park and Milford Area were booked for an average of 56% of the nights they were open for booking over the past 12 months. That is 6 points higher than the Spencer, IA average of 50%. Nights a host blocked off don't count.
The average nightly rate in Central Arnolds Park and Milford Area was $409 over the past 12 months, including cleaning fees. That is 13% higher than the Spencer, IA average of $362.
For homes with a matched home value, the median room-revenue potential in Central Arnolds Park and Milford Area is $67,729 a year and the median gross yield is 13.5%. Gross yield is 1.4 points higher than the Spencer, IA median. Gross yield is measured before expenses, financing and taxes, so profit depends on what you pay for a home and what it costs to run. Analyze the exact property before you buy.
Reveal any property's Airbnb profitabilityThe table shows average yearly revenue and median gross yield for each home size, with the Spencer, IA figure for the same size under each one.
| Bedrooms | Yearly revenue | Gross yield |
|---|---|---|
| 1 bedroom 12 listings | $18,072 Spencer, IA: $14,962 | Not enough data Spencer, IA: 14.2% |
| 2 bedrooms 10 listings | $24,741 Spencer, IA: $21,066 | 13.5% Spencer, IA: 14.7% |
| 3 bedrooms 22 listings | $41,130 Spencer, IA: $30,561 | 15.0% Spencer, IA: 11.5% |
| 4+ bedrooms 18 listings | $59,055 Spencer, IA: $41,744 | 12.0% Spencer, IA: 10.9% |
Every row uses the same method and data date. Nearby areas link to their own pages.
| Area | Yearly revenue | Occupancy | Nightly rate | Gross yield |
|---|---|---|---|---|
| Central Arnolds Park and Milford Area This area 63 listings | $38,991 | 56% | $409 | 13.5% |
| Spencer, IA market 255 listings | $29,719 | 50% | $362 | 12.1% |
| Eastern Arnolds Park and Eastern Dickinson Countryside 52 listings | $34,621 | 43% | $484 | 10.4% |
| Spirit Lake and Okoboji Area 51 listings | $30,102 | 52% | $371 | 10.6% |
| West Okoboji Shore and Western Dickinson Countryside 21 listings | $26,210 | 42% | $429 | 13.7% |
The Spencer, IA market includes 9 areas based on local neighborhood and city boundaries. Each listing is counted in the area containing it.
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It is the average booking revenue a regularly available listing earned over the past 12 months, including cleaning fees and before Airbnb fees, operating costs and taxes. It is an estimate, not verified host payouts.
For each listing, BNBCalc divides the nights booked by the nights it was open for booking over the past 12 months, then averages the results. Nights a host blocked off are left out.
It is the average price per booked night over the past 12 months, including cleaning fees.
It estimates what a listing would earn in a year from its nightly rates if it were available all year at its expected occupancy, based on its last 12 months of bookings. It excludes cleaning fees. It is an estimate, not income a host received.
For each listing, BNBCalc divides its room-revenue potential by an estimated value for a home with the same ZIP code and bedroom count, then reports the median. It is measured before expenses, financing and taxes, so it is not profit or a full return on investment.
Yearly revenue, occupancy and nightly rate cover listings of every type and size that were open for booking at least 127 nights over the past year (63 in Central Arnolds Park and Milford Area). Room-revenue potential and gross yield cover entire homes with one to five bedrooms that were also booked for at least 30% of their open nights and have a matched home value. BNBCalc shows no figure for an area with fewer than 5 qualifying listings.
Figures are current as of November 2, 2026 and refresh monthly.
The market page summarizes all of Spencer, IA from a separate monthly market dataset. This page averages the individual listings in each area, so the two can differ. Use this page to compare areas with each other.
They don't include operating costs, financing, taxes, insurance or the price of a specific home, and they don't show whether short-term rentals are allowed. Check local rules and analyze the exact property before you buy.
With BNBCalc Markets, compare Central Arnolds Park and Milford Area by bedroom count and performance level, see home prices, and browse its listings on the map.