Spirit Lake and Okoboji Area, Spencer Airbnb revenue and occupancy data
What Airbnb listings in Spirit Lake and Okoboji 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 Spirit Lake and Okoboji Area earned $30,102 on average, were booked for 52% of the nights they were open, and averaged $371 a night. The median gross yield, before expenses, is 10.6%.
Yearly revenue
$30,102
Occupancy
52%
Nightly rate
$371
Gross yield
10.6%
before expenses
Median of 48 listings
Active listings
51
My take on Spirit Lake and Okoboji Area
Spirit Lake and Okoboji Area has average trailing-year booking revenue of $30,102, close to Spencer, IA at $29,719. Its median potential gross yield is lower, at 10.6% versus 12.1%. Those figures answer different questions: revenue reflects past bookings, while yield uses potential room revenue and matched home values. The yield is before expenses, financing and taxes, so the slightly higher booking average does not by itself indicate a better return on a purchase.
Commentary uses groups of at least 20 listings. Tables may include smaller groups.
How much do Airbnb hosts make in Spirit Lake and Okoboji Area?
Regularly available Airbnb listings in Spirit Lake and Okoboji Area earned an average of $30,102 over the past 12 months. That is 1% more than the Spencer, IA average of $29,719. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
What is the Airbnb occupancy rate in Spirit Lake and Okoboji Area?
Listings in Spirit Lake and Okoboji Area were booked for an average of 52% of the nights they were open for booking over the past 12 months. That is 2 points higher than the Spencer, IA average of 50%. Nights a host blocked off don't count.
How much does an Airbnb cost per night in Spirit Lake and Okoboji Area?
The average nightly rate in Spirit Lake and Okoboji Area was $371 over the past 12 months, including cleaning fees. That is 2% higher than the Spencer, IA average of $362.
Is an Airbnb in Spirit Lake and Okoboji Area profitable?
For homes with a matched home value, the median room-revenue potential in Spirit Lake and Okoboji Area is $47,591 a year and the median gross yield is 10.6%. Gross yield is 1.5 points lower 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 profitabilityHow much do Airbnb hosts make in Spirit Lake and Okoboji Area by bedroom count?
The 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 | $13,800 Spencer, IA: $14,962 | 13.7% Spencer, IA: 14.2% |
| 3 bedrooms 18 listings | $35,780 Spencer, IA: $30,561 | 10.9% Spencer, IA: 11.5% |
| 4+ bedrooms 15 listings | $40,472 Spencer, IA: $41,744 | 8.9% Spencer, IA: 10.9% |
How does Spirit Lake and Okoboji Area compare with nearby areas?
Every row uses the same method and data date. Nearby areas link to their own pages.
| Area | Yearly revenue | Occupancy | Nightly rate | Gross yield |
|---|---|---|---|---|
| Spirit Lake and Okoboji Area This area 51 listings | $30,102 | 52% | $371 | 10.6% |
| 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% |
| West Okoboji Shore and Western Dickinson Countryside 21 listings | $26,210 | 42% | $429 | 13.7% |
| Central Arnolds Park and Milford Area 63 listings | $38,991 | 56% | $409 | 13.5% |
Where is Spirit Lake and Okoboji Area?
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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About these figures
How is yearly revenue measured?
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.
How is occupancy measured?
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.
How is the nightly rate measured?
It is the average price per booked night over the past 12 months, including cleaning fees.
What is room-revenue potential?
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.
What is gross yield?
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.
Which listings are included?
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 (51 in Spirit Lake and Okoboji 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.
How current is this data?
Figures are current as of November 2, 2026 and refresh monthly.
Why are these figures different from the Spencer, IA market page?
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.
What can't these figures tell me?
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.
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Go deeper on Spirit Lake and Okoboji Area
With BNBCalc Markets, compare Spirit Lake and Okoboji Area by bedroom count and performance level, see home prices, and browse its listings on the map.