Providence, RI
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Overview
Annual Rev
$48.6k
12 mo avg
↑9%
from prior 12 mo
Occupancy rate
40%
12 mo avg
↓6%
from prior 12 mo
Avg daily rate
$244
12 mo avg
↑22%
from prior 12 mo
Lead time
32 days
12 mo avg
↓5 days
from prior 12 mo
Revpar
$94
12 mo avg
↓1%
from prior 12 mo
Methodology note: Figures reflect Providence market data as of September 2026. Data covers Airbnb, VRBO, and Booking.com listings. Values are seasonally influenced; rounding applied for readability.
Revenue per listing by bedroom
Bedroom count:
0
1
2
3
4+
Short-term rental supply growth
Performance metrics by bedroom
Bedrooms
Annual Rev
Avg. Zestimate
Gross yield
Supply
Amenity revenue impact
| Amenity | Est. revenue impact |
|---|---|
| Hot Tub | +11% $5,349/yr |
| EV Charger | 🔒 +8% · $••••/yr Revenue lift and listing count available in Markets |
| Heating | 🔒 +7% · $••••/yr Revenue lift and listing count available in Markets |
| Sauna | 🔒 +7% · $••••/yr Revenue lift and listing count available in Markets |
| Barbecue | 🔒 +6% · $••••/yr Revenue lift and listing count available in Markets |
| Gym | 🔒 +5% · $••••/yr Revenue lift and listing count available in Markets |
| Lake Access | 🔒 +5% · $••••/yr Revenue lift and listing count available in Markets |
| Pool | 🔒 +5% · $••••/yr Revenue lift and listing count available in Markets |
| Bicycles | 🔒 +3% · $••••/yr Revenue lift and listing count available in Markets |
| Internet | 🔒 +1% · $•••/yr Revenue lift and listing count available in Markets |
Nightly rate by day of week
Occupancy rate by day of week
Listings by channel
Listings by rental type
Listings by amenities
Listings by size
4+ bedrooms (0%)
Listings by availability
Length of stay by bedroom
2 bedrooms (4.8 nights)
1 bedroom (4.6 nights)
4+ bedrooms (4.4 nights)
3 bedrooms (4.2 nights)
Cleaning fee by bedroom
4+ bedrooms ($209)
3 bedrooms ($132)
2 bedrooms ($100)
1 bedroom ($70)
Professional host share
Professionally managed (65%)
Independent hosts (35%)
Housing market signals
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Over the 12 months ending August 2026, the Providence market averaged 934 active Airbnb and VRBO listings, down 7% from a year earlier and up 13% over two years.
An average Providence listing earns $43K/year. High-performing listings earn $87K, while low-performing listings earn $18K.
Median Providence home prices by size are 1-bedroom $282K, 2-bedroom $390K, 3-bedroom $497K, and 4+ bedroom $602K.
Average gross yield is 9%, reaching 17% for high-performing listings. Gross yield excludes financing and operating costs, so net profitability varies by property.
Average occupancy in Providence is 42%, producing RevPAR of $88 per available night.
4+ bedroom listings have the highest average gross yield at 16%. They average $96K/year in revenue against a $602K median purchase price.
Rules vary across Providence. Providence: Moderate. Registration required, safety inspections, owner-occupancy for multi-family units. Moderate enforcement with complaint-driven action. Newport: Strict. Annual license required, owner-occupancy mandatory, density limits by zone, 30-day minimum in historic districts. Active enforcement with fines and revocations. Warwick: Lenient. Basic registration and safety requirements. Light enforcement, complaint-based response only. Verify requirements for the property's jurisdiction.
The Providence Airbnb and VRBO market does not show clear signs of oversaturation. Supply has declined 7% year-over-year, while RevPAR has increased 12%, suggesting demand is outpacing available supply.
RevPAR is highest in July and June; it is lowest in January and February.
The most common amenities are Internet (99%), Kitchen (98%), Air Conditioning (98%). The strongest positive revenue associations are Air Conditioning (+57%), Washing Machine (+36%), Heating (+18%).
Average daily rate in Providence is $246, up 18% year-over-year. Rates peak in June and are lowest in February.
Guests in Providence book an average of 29 days in advance, down 8% from last year. Booking windows range from 23 days for 1-bedroom listings to 35 days for 4+ bedroom listings.
Booking demand is highest on Saturday and lowest on Monday. Nightly rates peak on Saturday and are lowest on Monday. Weekend occupancy is 53% higher than weekday occupancy.