Narragansett, Rhode Island Short-Term Rental Market
Narragansett, RI STRs averaged $185/night at 56.9% occupancy in April 2026, with July and August averaging $5,326 to $5,343 monthly revenue per listing.
Quick Answer: Narragansett, Rhode Island is an active short-term rental market. average occupancy in the Providence market area is 64%. average monthly revenue in the Providence market area is $5,170. average daily rate in the Providence market area is $338. the top operator in the Providence market area is Narragansett Properties- List, Rent, Invest with 117 listings. market score is 51/100 (grade D).
Market data reflects the Providence regional market, which includes Narragansett. Regulations, taxes, and permit details below are specific to Narragansett.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
Narragansett, RI is a coastal beach community in Washington County, home to Narragansett Beach, the South County surf coast, and the gateway to Block Island Ferry. The STR market carries 4,346 entire-place listings, 715 private-room listings, and 3 shared-room units. Bedroom distribution: 1,607 one-bedroom, 1,201 two-bedroom, 1,142 three-bedroom, 642 four-bedroom, and 465 five-bedroom listings.
In April 2026, the market posted a $184.98 average daily rate, 56.9% occupancy, and $2,607 average monthly revenue per listing. RevPAR was $105.22. Year-over-year, occupancy fell 2.67 percentage points and revenue declined 5.21%, while ADR gained 6.98%, indicating operators are raising rates to partially offset demand softness. Channel split: 2,764 Airbnb-only listings, 541 VRBO-only, and 1,759 on both platforms. The market’s total score is 51.23 out of 100, with a revenue growth score of 84.01, reflecting strong long-run revenue trajectory even against recent softness.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 45% |
| Feb | 55% |
| Mar | 57% |
| Apr | 59% |
| May | 60% |
| Jun | 65% |
| Jul | 75% |
| Aug | 74% |
| Sep | 55% |
| Oct | 53% |
| Nov | 49% |
| Dec | 49% |
Month-by-month nightly rates and revenue figures for Narragansett are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Providence market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Providence market as a whole, which includes Narragansett, so these counts are not Narragansett-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Narragansett Properties- List, Rent, Invest | 117 | 2,106 | ★ 4.66 |
| 2 | Ann Obrien Realty | 75 | 327 | ★ 4.54 |
| 3 | Haûte Hospitality LLC Vacation Rentals | 69 | 2,331 | ★ 4.36 |
| 4 | Evolve | 62 | 2,181 | ★ 4.56 |
| 5 | Lila Delman Real Estate International | 41 | 288 | ★ 4.56 |
What Kind of STR Should I Buy in Narragansett?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Narragansett are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 54.6% |
| vrbo | 10.7% |
| both | 34.7% |
Home Value Trends (Narragansett)
Typical home values, median sale prices, and the 10-year price trend for Narragansett are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Insights
Booking-window and length-of-stay analysis for Narragansett — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Short-Term Rental Regulations
Narragansett’s STR regulatory environment is in active litigation. The town requires all rental dwelling units to register annually with the Building Inspector at $120 per unit (due August 31, valid September 1 through August 31). Failure to register carries a $250 fee plus a $300 late fee.
In May 2024, the Town Council adopted Chapter 1123, a sweeping STR-specific ordinance that would require a separate STR permit ($375 for residents, $750 for non-residents, plus a $200 application fee), impose a 7-consecutive-night minimum stay, cap total STR permits (1,100 in 2024, 1,000 in 2025, and 900 in 2026), and ban large events such as weddings. In October 2024, the Rhode Island Superior Court issued a temporary restraining order and preliminary injunction blocking enforcement, finding the town likely violated the Zoning Enabling Act’s notice requirements. Litigation remains pending as of 2025. Currently, only the $120 general rental registration applies. Investors should track the litigation outcome, as an adverse ruling for the town would allow Chapter 1123 to take effect, imposing the permit cap and minimum-stay requirement.
On the tax side, effective January 1, 2026, Rhode Island imposes a combined 14% lodging tax on STRs: 7% state sales tax, 5% state hotel tax, and 2% local hotel tax, with an additional 5% whole-home STR tax applicable to entire-home rentals. Operators should confirm the current total tax stack with the Rhode Island Division of Taxation before listing.
Market Comparison
At 56.9% occupancy in April 2026, Narragansett is near the US STR median annual occupancy of approximately 55%. The July and August peaks at 73.6% to 75.1% are well above the US median, reflecting concentrated summer beach demand. The April 2026 ADR of $184.98 is below the US STR median of approximately $220, reflecting that this market has a large one-bedroom share that pulls the average below the coastal premium.
The market is served by local specialists. Narragansett Properties leads with 117 listings and 2,106 reviews at a 4.660 rating. Ann Obrien Realty holds 75 listings with 327 reviews at a 4.542 rating. Haute Hospitality LLC follows with 69 listings and 2,331 reviews at a 4.364 rating. Evolve operates 62 listings at a 4.560 rating. Lila Delman Real Estate International rounds out the top five with 41 listings at a 4.564 rating. The top five account for 364 listings combined. The dominance of local real estate firms among the top operators is distinctive and reflects the commission-based real estate sales culture prevalent in coastal Rhode Island.
Frequently Asked Questions About Narragansett, Rhode Island
What is the average daily rate for STRs in Narragansett, RI?
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What is the typical home value in Narragansett, RI?
What gross yield can I expect from an STR in Narragansett, RI?
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