What Airbnb listings in Federal Hill earn, how often they're booked, and how that compares with the rest of Providence, RI.
This area is part of the broader Providence, RI rental market. The map below defines the area used for these figures; market boundaries may include neighboring cities and towns.
Federal Hill is one of 21 areas BNBCalc tracks in the Providence, RI market. Over the past 12 months, regularly available listings here earned $31,839 on average, were booked for 53% of the nights they were open, and averaged $281 a night. The median gross yield, before expenses, is 8.9%.
Yearly revenue
$31,839
Occupancy
53%
Nightly rate
$281
Gross yield
8.9%
before expenses
Median of 59 listings
Active listings
68
Regularly available Airbnb listings in Federal Hill earned an average of $31,839 over the past 12 months. That is 5% more than the Providence, RI average of $30,430. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
Listings in Federal Hill were booked for an average of 53% of the nights they were open for booking over the past 12 months. That is 2 points lower than the Providence, RI average of 55%. Nights a host blocked off don't count.
The average nightly rate in Federal Hill was $281 over the past 12 months, including cleaning fees. That is 4% lower than the Providence, RI average of $292.
For homes with a matched home value, the median room-revenue potential in Federal Hill is $40,390 a year and the median gross yield is 8.9%. Gross yield is 0.5 points lower than the Providence, RI 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 profitabilityThe table shows average yearly revenue and median gross yield for each home size, with the Providence, RI figure for the same size under each one.
| Bedrooms | Yearly revenue | Gross yield |
|---|---|---|
| 1 bedroom 18 listings | $27,106 Providence, RI: $21,640 | 11.2% Providence, RI: 9.8% |
| 2 bedrooms 24 listings | $28,380 Providence, RI: $26,989 | 8.1% Providence, RI: 8.5% |
| 3 bedrooms 16 listings | $30,725 Providence, RI: $35,062 | 8.8% Providence, RI: 10.3% |
| 4+ bedrooms 8 listings | $59,343 Providence, RI: $65,989 | Not enough data Providence, RI: 11.4% |
Every row uses the same method and data date. Nearby areas link to their own pages.
| Area | Yearly revenue | Occupancy | Nightly rate | Gross yield |
|---|---|---|---|---|
| Federal Hill This area 68 listings | $31,839 | 53% | $281 | 8.9% |
| Providence, RI market 607 listings | $30,430 | 55% | $292 | 9.4% |
| Downtown Providence 28 listings | $32,613 | 52% | $367 | 10.5% |
| Olneyville, Valley and Smith Hill 46 listings | $35,885 | 60% | $260 | 8.7% |
| College Hill 33 listings | $46,490 | 64% | $408 | 13.1% |
| Fox Point 21 listings | $29,374 | 51% | $330 | 9.7% |
BNBCalc splits the Providence, RI market into 21 areas drawn from local neighborhood and city boundaries, and counts each listing in the area that contains it.
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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.
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.
It is the average price per booked night over the past 12 months, including cleaning fees.
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.
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.
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 (68 in Federal Hill). 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.
These figures use BNBCalc's listing data as of October 6, 2026. They update when BNBCalc refreshes its market data each month.
The market page summarizes all of Providence, RI 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.
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.
With BNBCalc Markets, compare Federal Hill by bedroom count and performance level, see home prices, and browse its listings on the map.