Buying a Providence Rental: Cite $28,699, Keep Satellites Separate

Jacob Mishalanie
13 hours ago
11 min read

Updated: 6 hours ago

Empty covered porch of a Providence triple-decker, no people

Underwrite Providence at $28,699 on 843 listings. Do not underwrite Newport as this note. Year over year is minus 1.6 percent.

Typical Providence listings earned about $28,699 last year from 843 active rentals, AirROI trailing twelve months from August 2025 through July 2026. The average night was $249. Occupancy was 43.2 percent. Revenue per available night was $102. Year over year is minus 1.6 percent. Active supply moved plus 12.1 percent. A prior hub brief printed $29,368 on about 851 listings in an older window. This pass uses the current extract.

The three strongest city months are June, August, and May. June is the busiest. February is the slowest. Occupancy is weakest in July. Most guests arrive from New York, then Providence. Stay is 5.5 nights, booked about 50 days ahead. Call City of Providence Department of Inspection and Standards at 401-680-5000. City Hall, 25 Dorrance Street. Entire dwelling units need a Temporary Use Permit. The city's apply page lists a $50 fee after approval. Owner-occupancy applies in R-1, R-1A, R-3, and R-4. Rhode Island DBR registration is $25 a year. Confirm 2026. AirROI's high-regulation label is a scrape of listings, not the town file. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay.

DSCR Starts on Providence $28,699

DSCR starts on $28,699 on 843 listings. ADR $249. Occupancy 43.2 percent. RevPAR $102. This page does not invent a purchase price. Write this heading as the stay a host can actually file. Write the city or the satellite the guest typed. WaterFire to College Hill is already live on Crest and Cove. Use it. Do not paste a satellite year into a city tile. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit. East Providence is not WaterFire. Newport is not Federal Hill. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit. East Providence is not WaterFire. Newport is not Federal Hill. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay.

Year Over Year Is Minus 1.6 Percent

Year over year is minus 1.6 percent. A prior hub brief printed $29,368. File the current extract. Write this heading as the stay a host can actually file. Keep $28,699 on 843 city listings on its own line. Market a Providence Stay is already live on Crest and Cove. Use it. Do not paste a satellite year into a city tile. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit. East Providence is not WaterFire. Newport is not Federal Hill. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit. East Providence is not WaterFire. Newport is not Federal Hill. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay.

Supply Plus 12.1 Percent

Supply moved plus 12.1 percent. Watch this sample. Write this heading as the stay a host can actually file. June is the city peak. February is the city hole. Providence STR Rules is already live on Crest and Cove. Use it. Do not paste a satellite year into a city tile. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit. East Providence is not WaterFire. Newport is not Federal Hill. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit. East Providence is not WaterFire. Newport is not Federal Hill. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit.

A Satellite Stay Is Not This City Note

An East Providence or Newport stay is not this city note. East Providence listings earned about $25,005 last year on the current AirROI extract. This pass did not print an East Providence listing count. Keep that stay on its own line. This pass did not mint a Newport year. Write this heading as the stay a host can actually file. Call 401-680-5000 before you advertise a Providence stay. Providence Shoulder is already live on Crest and Cove. Use it. Do not paste a satellite year into a city tile. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit. East Providence is not WaterFire. Newport is not Federal Hill. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit. East Providence is not WaterFire. Newport is not Federal Hill. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line.

The $50 Permit Sits With the Deed

The $50 Temporary Use Permit sits with the deed. Owner-occupancy sits on named zones. Call City of Providence Department of Inspection and Standards at 401-680-5000. City Hall, 25 Dorrance Street. Entire dwelling units need a Temporary Use Permit. The city's apply page lists a $50 fee after approval. Owner-occupancy applies in R-1, R-1A, R-3, and R-4. Rhode Island DBR registration is $25 a year. Confirm 2026. AirROI's high-regulation label is a scrape of listings, not the town file. Write this heading as the stay a host can actually file. The city's apply page lists a $50 Temporary Use Permit. Providence Remote Stays is already live on Crest and Cove. Use it. Do not paste a satellite year into a city tile. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit. East Providence is not WaterFire. Newport is not Federal Hill. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit.

Watch This Sample Size

Watch this sample size. 260 listings set a 30-night minimum. Stay is 5.5 nights. Lead is 50 days. Write this heading as the stay a host can actually file. East Providence is not WaterFire. DIY vs Hire in Providence is already live on Crest and Cove. Use it. Do not paste a satellite year into a city tile. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit. East Providence is not WaterFire. Newport is not Federal Hill. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit. East Providence is not WaterFire. Newport is not Federal Hill. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit.

Independent Ownership Changes the Hire

Independent ownership changes the hire. Professionally managed share is 2.3 percent. Write this heading as the stay a host can actually file. Newport is not Federal Hill. Who Books Providence is already live on Crest and Cove. Use it. Do not paste a satellite year into a city tile. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit. East Providence is not WaterFire. Newport is not Federal Hill. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit. East Providence is not WaterFire. Newport is not Federal Hill. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit. East Providence is not WaterFire.

What a Buyer Packet Should Carry

What a buyer packet should carry is the city year, the hall, and each satellite on its own line. Write this heading as the stay a host can actually file. We market. We do not take the lock. Providence Tourism Data is already live on Crest and Cove. Use it. Do not paste a satellite year into a city tile. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit. East Providence is not WaterFire. Newport is not Federal Hill. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit. East Providence is not WaterFire. Newport is not Federal Hill. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit.

Hosts who underwrite capital-city stays should keep $28,699 on 843 city listings, call 401-680-5000, and leave East Providence and Newport on their own lines. We market. We do not take the lock. Write the city or the satellite the guest typed. Keep $28,699 on 843 city listings on its own line. June is the city peak. February is the city hole. Call 401-680-5000 before you advertise a Providence stay. The city's apply page lists a $50 Temporary Use Permit.

Frequently Asked Questions

What did a typical Providence short-term rental earn last year?

About $28,699 over the trailing twelve months from August 2025 through July 2026, across 843 active rentals. Average nightly rate was $249, occupancy 43.2 percent, and revenue per available night $102. Revenue was down 1.6 percent year-over-year while active supply grew 12.1 percent. Note a prior hub brief cited $29,368 on about 851 listings from an older window — use this current extract, not that figure.

Do I need a permit to operate a short-term rental in Providence?

Yes, entire dwelling units need a Temporary Use Permit, which carries a $50 fee after approval per the city's apply page. Owner-occupancy rules apply specifically in zoning districts R-1, R-1A, R-3, and R-4, and Rhode Island state DBR registration runs $25 a year. Call City of Providence Department of Inspection and Standards at 401-680-5000, City Hall, 25 Dorrance Street, to confirm current 2026 requirements.

Is East Providence part of the Providence revenue figure?

No. East Providence listings earned about $25,005 last year on the current AirROI extract, though this pass didn't print a listing count for that market. It's a separate city with its own permitting hall — East Providence is not WaterFire, and its numbers shouldn't be folded into Providence's $28,699.

What about Newport — does it share Providence's numbers?

No, and this research pass didn't mint an AirROI year for Newport at all. Newport is not Federal Hill, and its cliff-walk tourist draw is a different guest occasion entirely from a Providence city stay. Don't invent a Newport figure or blend it with Providence's data.

When is Providence's short-term rental market strongest?

June is the busiest month, with August and May also running strong. February is the slowest revenue month, and occupancy specifically runs weakest in July. That seasonal pattern is tied to Providence's own city calendar — WaterFire season and downtown events — rather than a shared Rhode Island coast curve.

Who books a Providence short-term rental?

Most guests arrive from New York City, then from within Providence itself, staying an average of 5.5 nights booked about 50 days ahead. City guests are drawn to WaterFire and Federal Hill; that's a different traveler than an East Providence family stay or a Newport cliff-walk weekend.

Should I hire a property manager for a Providence listing?

Professionally managed share in Providence is just 2.3 percent, with the largest manager, Jennifer, holding 23 listings — this is a heavily independent-owner market. East Providence and Newport each reward their own separate approach rather than one blended management pitch across all three.

Is a 30-night minimum stay proof that Providence's market runs full?

No. About 260 of Providence's 843 active listings — 30.8 percent — have set a 30-night minimum, a host policy choice rather than an occupancy measurement. Providence's actual occupancy is 43.2 percent and average stay is 5.5 nights. Don't mistake a long minimum-stay setting for strong booking pace.

What should a buyer packet cite for a Providence acquisition?

Cite $28,699 on 843 city listings, 12.1 percent supply growth, and a 1.6 percent year-over-year revenue decline, sourced to the current AirROI extract rather than an older hub-brief figure. Keep East Providence's separate $25,005 line and leave Newport unlabeled rather than inventing a number, and confirm current permit status by calling 401-680-5000.

Can I use Providence's city ADR to price an East Providence or Newport listing?

No. Providence's average nightly rate is $249 across 843 listings, distinct from East Providence's own figures and from Newport, which has no AirROI year in this pass at all. Keep the $249 city ADR off both satellite markets and confirm each town's own current data separately.

Work with Crest & Cove Creative

If a buyer packet still averages a cliff walk into this city note, send the parcel.

Before you bid city or coast, send both addresses — we keep the files apart.

Reach out at crestcove.co or (256) 998-7502.