Nantucket, MA

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the Nantucket short-term rental market based on reliable data.

Listings

327 / 1155

Reliable / Active

Cap Rate

2%

Middle-Earners Gross Yield

Revenue

$68,526

Middle-Earners Revenue

Occupancy

56%

Middle-Earners Occupancy

Home Value

$3,087,785

Median Home Sale Price

Top Earners

$205,368

Top-Earners Revenue

Nantucket

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Nantucket.

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C

Challenging to Investors

Nantucket Regulations

STRs are permitted with straightforward registration and moderate fees, but a 2025 Massachusetts Land Court ruling created significant zoning uncertainty, enforcement is paused during an appeal, and a special town meeting is pursuing reforms—introducing compliance risk that could disrupt operations.

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About Nantucket

Nantucket is a small island town and county located roughly 30 miles south of Cape Cod, Massachusetts, sitting in the Atlantic Ocean about 100 miles southeast of Boston. The year-round population hovers around 14,000 residents, though this number swells dramatically during the summer months when seasonal visitors and second-home owners arrive. The island has a distinct character shaped by its cobblestone streets, weathered cedar-shingled homes, and a centuries-old maritime past rooted in the whaling industry. Today it is best known as an upscale summer getaway with a relaxed, walkable atmosphere, abundant beaches, and a downtown full of independent shops, seafood spots, and galleries. It is the sole municipality within Nantucket County and is often paired with the nearby island of Martha's Vineyard as a twin New England coastal escape.

Just off the harbor, the Brant Point Lighthouse is one of the most photographed landmarks on the island, marking the entrance to Nantucket Harbor. Located essentially in town, it is a short walk or quick bike ride from the ferry terminal and downtown wharves, and its small grounds and harbor views make it a favorite first stop for arriving visitors. Although the lighthouse is not open for interior tours, its red-and-white tower and adjacent keeper's house provide a classic New England coastal scene that captures the island's seafaring character.

A short drive or bike ride east of town, the historic fishing village of Siasconset, known locally as Sconset, offers a slower-paced glimpse of old Nantucket. The neighborhood is famous for its narrow footpaths, rose-covered cottages, and a bluff-top walk that runs along the Atlantic toward the Sankaty Head Lighthouse. Visitors come for sweeping ocean views, cliff-top gardens, and the village's handful of small cafés and tea spots, all of which feel a world away from the busier harbor area.

On the western end of the island, the Coskata-Coatue Wildlife Refuge stretches across more than five miles of pristine beach, rolling dunes, and protected maritime forest. Accessible by a long, unpaved four-wheel-drive road (or by guided tour), it rewards visitors with some of the most unspoiled shoreline in southern New England and a chance to spot shorebirds, seals, and the occasional osprey. The refuge's far eastern tip is also home to the Great Point Lighthouse, a working light station that anchors the wild edge of the island.

Back in town, the Nantucket Whaling Museum, operated by the Nantucket Historical Association, sits in a restored 1846 spermaceti candle factory and tells the story of the island's 19th-century whaling heyday. Its signature feature is the skeleton of a 46-foot sperm whale suspended above the main gallery, alongside scrimshaw, ship logs, and period artifacts. The museum is within walking distance of the ferry docks and the surrounding historic district, making it an easy anchor for a day of exploring brick-and-shingle downtown.

Nantucket makes a compelling base for short-term rentals because it combines genuine geographic isolation with a deep bench of activities, from lighthouse-hopping and beach days to a compact historic downtown. The island's limited buildable land, seasonal demand, and strong brand recognition support a robust vacation rental market, while the combination of natural beauty, walkability, and easy ferry or air access from Boston, New York, and Cape Cod keeps occupancy strong through the warmer months and gives owners a clearly defined seasonal cycle to plan around.

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