Westerly, Rhode Island Short-Term Rental Market
Quick Answer: Westerly, Rhode Island is an active short-term rental market. average occupancy is 64%. average monthly revenue is $5,170. average daily rate is $338. the top operator 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 Westerly. Regulations, taxes, and permit details below are specific to Westerly.
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 45% | $134 | $1,795 |
| Feb | 55% | $135 | $1,818 |
| Mar | 57% | $137 | $2,026 |
| Apr | 59% | $152 | $2,254 |
| May | 60% | $198 | $2,597 |
| Jun | 65% | $265 | $3,910 |
| Jul | 75% | $284 | $5,328 |
| Aug | 74% | $286 | $5,344 |
| Sep | 55% | $220 | $3,097 |
| Oct | 53% | $182 | $2,663 |
| Nov | 49% | $157 | $2,127 |
| Dec | 49% | $148 | $1,990 |
Top Short-Term Rental Operators in Westerly
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Narragansett Properties- List, Rent, Invest | 117 | 2,107 | ★ 4.66 |
| 2 | Ann Obrien Realty | 75 | 327 | ★ 4.54 |
| 3 | Haûte Hospitality LLC Vacation Rentals | 69 | 2,345 | ★ 4.36 |
| 4 | Evolve | 62 | 2,186 | ★ 4.56 |
| 5 | Lila Delman Real Estate International | 41 | 289 | ★ 4.56 |
What Kind of STR Should I Buy in Westerly?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 1,610 |
| 2 bed | 1,202 |
| 3 bed | 1,141 |
| 4 bed | 642 |
| 5 bed | 465 |
ADR by Property Tier
| Entire Home | $379 |
| Luxury | $698 |
| Professionally Managed | $406 |
Revenue by Dwelling Type
| Apartment | $4,008 |
| Entire Place | $5,633 |
| House | $5,856 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 54.6% |
| vrbo | 10.7% |
| both | 34.7% |
Investment Analysis
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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