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
#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
#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
#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.
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
The best short-term rental market in Rhode Island for Airbnb and Vrbo investors by gross yield is Newport, with 9.9% gross yield, $60,949 in average annual revenue, and 1,431 active listings.
US markets are ranked by gross yield, which compares annual short-term rental revenue from demand sources like Airbnb and Vrbo with estimated property value. Gross yield is useful for comparing markets before expenses, financing, taxes, and local regulation are included.
Gross yield is usually better for market comparison because it accounts for both revenue potential and property value. Revenue alone can favor expensive markets where purchase prices may reduce investor returns.
Monthly revenue is calculated from the average yearly revenue per listing over the last twelve months (LTM), divided by 12. This figure represents gross booking revenue across short-term rental demand sources, including Airbnb and Vrbo, before expenses like cleaning fees, platform fees, and property management costs.
ADR is the average nightly price that guests pay to book a short-term rental in a given market. It's calculated by dividing the total revenue by the number of booked nights. Higher ADR markets typically have premium properties or are in high-demand tourist destinations.