Narragansett, RI Airbnb Market Data, Statistics, and Occupancy Rates

Narragansett Short-Term Rental Market Overview

Narragansett, RI is a quintessential New England coastal market where short-term rental revenue is heavily concentrated in the summer months — August alone averages $24,553, roughly 18 times the January figure. With 100 active Airbnb listings and an average annual revenue of $94,565, the market offers meaningful income potential despite an overall occupancy rate of 23%, which reflects the seasonal nature of beach-town demand. Property values averaging $1,353,244 position this as a higher-entry-cost market, but the ROI score of 67/100 signals an attractive opportunity when revenue, occupancy stability, and growth trends are weighed together.

Key Market Statistics

According to Rabbu market data, the Narragansett short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Narragansett

Narragansett draws investor interest because its strong seasonal revenue potential and above-average occupancy stability can offset the concentrated summer earning window when paired with the right property configuration.

Expert Market Assessment

"Narragansett presents an attractive but distinctly seasonal investment profile. The enormous spread between peak-month revenue (August at $24,553) and the winter low (January at $1,329) means cash-flow planning is essential — roughly 70% of annual income is earned between May and September. The 67/100 ROI score reflects solid fundamentals: occupancy stability rates above average for a market of this type, and revenue-to-price ratios that sit in a reasonable range given the coastal premium on property values. Investors who can weather quiet winters and capitalize on the intense summer demand will find this market rewarding, especially with larger properties that punch well above average on both ADR and total revenue."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Narragansett

Average revenue by month in Narragansett

Narragansett exhibits extreme seasonality: August leads at $24,553 in average monthly revenue, while January bottoms out at $1,329 — a nearly 18x spread. The core earning season spans May through September, with June ($11,046) and September ($9,580) serving as strong shoulder months that extend the productive window beyond the peak summer weeks.

Active Airbnb listings by property size in Narragansett

Three-bedroom listings dominate the market with 34 of the 100 active properties, followed by 4-bedroom homes at 22. The 5-bedroom segment is notably thin with just 6 listings, potentially signaling an underserved niche for investors looking to capture group travel demand with less direct competition.

Average daily rate (ADR) by property size in Narragansett

ADR scales steadily with property size, from $199 for 1-bedroom units up to $808 for 6+ bedroom homes. The jump from 3-bedroom ($389) to 4-bedroom ($567) is particularly steep at nearly $180, suggesting that the extra bedroom commands a significant premium in this family- and group-oriented vacation market.

Average RevPAN by property size in Narragansett

Revenue per available night peaks at $182 for 6+ bedroom properties and $147 for 5-bedroom homes, while 1- and 2-bedroom units lag at $47 and $56 respectively. Three- and 4-bedroom properties cluster closely at $110 and $109, indicating similar per-night earning efficiency despite the ADR gap between the two sizes.

Average occupancy rates by property size in Narragansett

Three-bedroom listings lead occupancy at 28%, followed by 1-bedroom units at 24%, while 4-bedroom properties trail at 19%. The relatively narrow range (19–28%) across all sizes underscores that Narragansett's seasonality affects all property types similarly, though the 3-bedroom segment appears to attract the broadest base of bookings.

Average monthly revenue by property size in Narragansett

Five-bedroom properties earn the most at $15,195 per month on average, followed by 4-bedroom homes at $11,196 and 6+ bedroom homes at $11,669. Smaller units fall off significantly — 1-bedroom listings average $5,019 monthly, roughly a third of what the top-performing size generates, making larger configurations far more compelling from a revenue standpoint.

Average annual revenue by property size in Narragansett

At $182,343 annually, 5-bedroom properties deliver the strongest revenue in Narragansett — nearly double the $94,565 market-wide average. Four-bedroom ($134,357) and 6+ bedroom ($140,039) homes also outperform, while 1-bedroom listings at $60,233 represent the entry-level tier, highlighting the premium that group-sized accommodations command in this beachside market.

Most common amenities for Airbnb listings in Narragansett

Parking (98%) and a full kitchen (92%) are near-universal, reflecting the car-dependent nature of the area and guest expectations for self-catering vacation stays. Outdoor-living amenities — BBQ grills (77%), backyards (67%), and patio or balcony spaces (63%) — are also prevalent, signaling that guests prioritize properties where they can enjoy time outside, consistent with a coastal summer destination.

Understanding Narragansett's ROI Score: 67/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Narragansett's ROI score of 67 out of 100 places it in the 'Attractive Opportunity' band, driven primarily by above-average occupancy stability and average marks on revenue-to-price ratio, market growth, and supply/demand balance. The above-average occupancy stability is particularly noteworthy for a seasonal coastal market, suggesting that demand holds up better here than in many comparable beach towns. Investors should pair this score with on-the-ground research into local permit availability and property-specific financials to confirm that the numbers work for their individual situation.

Short-Term Rental Regulations in Narragansett

Understanding local STR regulations is essential before investing in Narragansett. Here's the current regulatory landscape:

Permit Requirements

The Town of Narragansett and the State of Rhode Island may require short-term rental operators to obtain permits or register their properties before listing. Investors should verify current requirements directly with the Narragansett town clerk or planning department, as local STR regulations can change.

Key Restrictions

Common restrictions in coastal Rhode Island communities can include occupancy limits tied to bedroom count, minimum-stay requirements during peak season, noise ordinances, parking mandates, and HOA or neighborhood-specific covenants. Some municipalities also impose caps on the number of STR permits issued, so it's worth confirming availability before purchasing.

Tax Obligations

Short-term rental hosts in Rhode Island are generally subject to state sales tax and local hotel or room taxes on stays under 30 days. Major booking platforms often collect and remit these taxes on behalf of hosts, but operators should confirm their specific obligations with a tax professional familiar with Rhode Island's requirements.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Narragansett can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Narragansett's summer-driven demand is expected to remain the backbone of STR performance, with July and August likely continuing to generate the lion's share of annual income. Active listings grew 138% year over year, which could introduce more competitive pricing pressure heading into the 2027 season, though the market's above-average occupancy stability suggests demand has room to absorb additional supply. ADR may hold steady or see modest increases of 1–3% for well-positioned properties, particularly larger homes that already command premium nightly rates. Investors should plan conservatively for winter months and treat the off-season as a period of minimal cash flow rather than a reliable income stream."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Narragansett, RI

What is the average Airbnb occupancy rate in Narragansett?

The average Airbnb occupancy rate in Narragansett is currently 23%, which is below the Rhode Island state average of 50%. This lower figure reflects the highly seasonal nature of the market — occupancy surges during summer months and drops significantly in winter. Among property sizes, 3-bedroom listings tend to perform best at 28% occupancy, while 4-bedroom properties sit at 19%. Investors should expect the bulk of booked nights to fall between May and September.

How much do Airbnb hosts make in Narragansett?

On average, Airbnb hosts in Narragansett earn approximately $7,880 per month and $94,565 per year based on the trailing 12-month historical average. However, monthly earnings vary dramatically by season — August averages $24,553 while January drops to around $1,329. Larger properties generate significantly more: 5-bedroom homes average $182,343 annually, compared to $60,233 for 1-bedroom units. Individual results depend on property quality, pricing strategy, and how well the listing is managed during peak season.

Is Narragansett a good market for Airbnb investment?

Narragansett earns a Rabbu ROI Score of 67 out of 100, categorized as an 'Attractive Opportunity.' The market benefits from above-average occupancy stability and reasonable revenue relative to property values. That said, it is a strongly seasonal market with the vast majority of income concentrated in the summer months, so investors need to be comfortable with limited winter cash flow. Larger homes — particularly 4- and 5-bedroom properties — tend to deliver the best returns, making them a compelling target for investors entering this market.

What is the average daily rate (ADR) for Airbnb in Narragansett?

The average daily rate across all active Airbnb listings in Narragansett is $439, which is below the Rhode Island state average of $547. ADR scales significantly with property size: 1-bedroom listings average $199 per night, while 6+ bedroom properties command $808. The mid-range sweet spot for many investors is the 3- to 4-bedroom tier, where ADRs of $389–$567 balance nightly rate against broader guest appeal.

Are short-term rentals legal in Narragansett?

Short-term rentals do operate in Narragansett, with 100 active Airbnb listings currently tracked in the market. However, the Town of Narragansett and the State of Rhode Island may impose permit, registration, or licensing requirements on STR operators. Regulations can also include occupancy limits, parking rules, and tax obligations. Prospective investors should consult the town's planning or zoning department for the most current rules before purchasing a property.

When is peak season for Airbnb in Narragansett?

Peak season in Narragansett runs from June through August, with July and August standing out as the top-earning months at $23,386 and $24,553 in average revenue respectively. The shoulder months of May ($7,618) and September ($9,580) also contribute meaningfully. From November through March, monthly revenue drops below $2,500, making the off-season a period of minimal income for most hosts.

How many Airbnbs are there in Narragansett?

There are currently 100 active Airbnb listings in Narragansett as of April 2026. The supply has grown significantly, with a 138% year-over-year increase in active listings. By property size, 3-bedroom homes dominate the market with 34 listings, followed by 4-bedroom properties with 22. Smaller units (1- and 2-bedroom) each account for 14 listings, while 5-bedroom (6 listings) and 6+ bedroom (9 listings) homes are relatively scarce.

How is Airbnb revenue calculated in Narragansett?

The annual and monthly revenue figures shown for Narragansett are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. Rabbu averages each comparable listing's actual revenue per available night (RevPAN) by month over the past year, removes regional outliers, and rolls the remaining data up to a market-level historical average. Because each month uses its own historical performance, the figures naturally reflect Narragansett's dramatic seasonal peaks and quieter winter months. Individual results can vary meaningfully based on property quality, pricing strategy, and how actively the listing is managed.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated counts of active Airbnb and short-term rental listings in the Narragansett market
• Average daily rates, occupancy rates, and RevPAN metrics across property sizes
• Monthly and annual revenue trends based on trailing 12-month historical booking data
• Property value benchmarks sourced from Zillow Home Value Index (ZHVI)
• Supply growth and amenity prevalence data for competitive analysis

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month historical averages and may not capture very recent market shifts. Local regulations, permit availability, and tax obligations are subject to change — investors should verify current rules with municipal authorities before purchasing.