3 tracked markets

Source: BNBCalc market metadata · Reviewed by Parker Place, CTO of BNBCalc.com · Data updated July 10, 2026

Best Airbnb Markets in Rhode Island by Gross Yield

Newport is the top Rhode Island short-term rental market across Airbnb and Vrbo by gross yield, with 9.9% gross yield, $60,949 in average annual revenue, and 1,431 active listings.

Top gross yield

9.9%

Newport

Median gross yield

9.5%

3 markets with yield data

Median annual revenue

$60.9K

Average listing revenue

Tracked markets

3

Statewide market coverage

Filter market rankings

Default rankings show all bedrooms at the average performance tier.

Bedroom count

Performance tier

Top 10 Rhode Island Airbnb and Vrbo Markets

Newport short-term rental market

#1

Newport

Newport presents short-term rental buyers with a strong average daily rate of $432, driving a healthy annual revenue of $49,865. While the gross yield reaches 8.1%, investors should carefully evaluate the competitive landscape of 1,411 active listings and a moderate 35% occupancy rate.

Yield

9.9%

Revenue

$60.9K

Listings

1,431

Providence short-term rental market

#2

Providence

Providence offers short-term rental investors a compelling opportunity with an 8.2% gross yield and a relatively healthy occupancy rate of 43%. With 611 active listings generating an annual revenue of $39,968 and a $230 ADR, this market represents a balanced option for prospective buyers.

Yield

9.5%

Revenue

$46.8K

Listings

619

Block Island short-term rental market

#3

Block Island

The Block Island short-term rental market offers a high average daily rate of $595, allowing active listings to generate $52,963 in annual revenue despite a low 34% occupancy rate. However, with only 42 active listings in the area, investors should note that the gross yield sits at a conservative 2.9%.

Yield

4.4%

Revenue

$78.4K

Listings

44

All Rhode Island Short-Term Rental Markets

Every market below links to its full BNBCalc market page. Rankings use gross yield first, then annual revenue when yield is missing.

Active listings are Airbnb and Vrbo listings observed as active in the selected market metadata segment. The all-bedrooms view uses all active listings in that market; bedroom filters use the active listing count for the selected bedroom group.

RankMarketGross yieldAnnual revenueMonthly revenueADROccupancyListingsPurchase price
#1Newport9.9%$60,949$5,079$40941%1,431$618,007
#2Providence9.5%$46,813$3,901$23947%619$494,366
#3Block Island4.4%$78,409$6,534$57338%44$1,794,683

How We Rank Markets

For US markets, BNBCalc ranks state market pages by gross yield: annual Airbnb and Vrbo short-term rental revenue divided by estimated property value. Gross yield is a fast way to compare market-level opportunity before operating expenses, financing, taxes, insurance, seasonality, and local rules.

  • Annual revenue uses ADR, adjusted occupancy, and estimated cleaning revenue when cleaning and stay data exists.

  • ADR is nightly-only and excludes cleaning fees and other guest fees.

  • Occupancy is adjusted occupancy of bookable nights, excluding host-blocked nights.

  • Gross yield uses annual revenue divided by estimated property value; it does not include operating expenses, financing, taxes, or local regulation risk.

Compare Rental Demand in Rhode Island

For long-term rental context, compare statewide Section 8 Fair Market Rent data alongside short-term rental market performance.

Frequently Asked Questions About Rhode Island Airbnb and Vrbo Markets