The Most Expensive Rental in Idaho Cost More Than You Think

Getting away from time to time is a must. It helps clear the mind to escape town and unplug from work, technology, and your daily routine. While some prefer to go camping and escape everything, others prefer to go to a hotel, enjoy the pool, and not have to make the bed. Another, more private option is to rent a vacation home, but this can be costly at times. Idaho is home to some incredible vacation rentals, but how much is the most expensive one, and where is it?

The Most Expensive Vacation Rental in Idaho

When it comes to vacationing in Idaho, camping is a major part, but some are willing to spend more and instead prefer to get a vacation rental and have some privacy and some fun. As many know, there are some big, beautiful homes in the mountains and near lakes in the Gem State, and some of them can be rented for a getaway. It should come as no surprise that the most expensive place to rent is in Ketchum, Idaho, and is a mansion that can hold up to 12 guests. For those wondering how much it would cost to stay at this mansion, it could cost up to $18,000 nightly with fees, and an average of $1,533 per guest. 

Cost of Renting the Most Expensive Vacation Rental in Idaho

While the prices listed above are average prices, weekend costs a little more, and the average weekend cost to rent the property is $40,050. With average rent in the Gem State being $1,550, that means it would cost a person 2.6 years' worth of rent to stay in this mansion for a weekend. That is the fourth largest in the entire country. In comparison, the most expensive rental in Utah is in Park City and for a weekend costs $139,090. The average rent in Utah is $1,695, which means a person would have to pay 6.8 years' worth of rent for a weekend stay. To see the costs of the most expensive rentals in each state, make sure to click the link in the paragraph above. 

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The next time you look into renting a home for vacation, take into consideration how it compares to your monthly rent or mortgage. It may set you back a few months or years, according to the study. Costs like these might explain why so many in Idaho decide to camp or stay in a hotel instead.