Williamston, NC

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

9 / 28

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$14,816

Middle-Earners Revenue

Occupancy

61%

Middle-Earners Occupancy

Home Value

$134,918

Median Home Sale Price

Top Earners

$28,612

Top-Earners Revenue

Williamston

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Williamston.

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C

Challenging to Investors

Williamston Regulations

STRs are not explicitly defined; whole‑home transient rentals would likely be treated as “Hotel” uses not permitted in residential districts, and only Bed & Breakfasts (max 4 rooms with breakfast and owner on‑site) are allowed as a special use in the Agricultural Overlay District, requiring a Special Use Permit, planning/town board approval, and compliance with parking/buffering/signage standards; the rest of the city is largely closed to STRs.

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About Williamston

Williamston is a small town in Martin County, situated in the Inner Banks region of eastern North Carolina. With a population of approximately 5,500 residents, it serves as the county seat and carries the unhurried, traditional character of a rural eastern Carolina community. The town has a compact historic downtown and acts as a quiet gateway to the surrounding river country, farmland, and coastal plain. The nearest city of meaningful size is Greenville, which lies roughly 30 miles to the southwest along US Highway 64, while the Outer Banks beaches sit about two hours to the east.

One of the area's defining natural features is Lake Phelps, one of the few natural lakes in North Carolina and the centerpiece of Pettigrew State Park, located a short drive east of town. The lake and surrounding park offer fishing, paddling, hiking, and camping amid cypress-lined shores, and the park also contains the historic grounds of Somerset Place, a restored antebellum plantation. Wildlife-focused visitors are drawn to the Roanoke River National Wildlife Refuge, which hugs the river just minutes from Williamston and is known for its paddle trails through cypress swamps, as well as excellent seasonal birding for waterfowl and bald eagles.

For travelers interested in heritage and small-town atmosphere, Williamston's historic downtown offers locally owned shops, restaurants, and a long-running community theater tradition that anchors local events. The surrounding Martin County landscape—flat farmland, pine stands, and the slow curves of the Roanoke River—reflects the agricultural rhythm that still shapes daily life, and the area's colonial-era roots are visible in nearby historic sites and preserved plantations.

Williamston's location makes it a practical base for guests who want to combine several eastern North Carolina experiences in one trip. From a rental here, visitors can day-trip to the Outer Banks, the historic waterfront of Washington, NC, and the college-town energy of Greenville, while returning each evening to a quieter and more affordable setting. The mix of natural attractions, outdoor recreation, and proximity to bigger draws gives short-term rental owners a steady, year-round audience of anglers, hunters, birders, heritage tourists, and beachgoers looking for an alternative to pricier coastal lodging.

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