Performance indicators for the Jamestown short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Jamestown.
Loading top listings...
Generally Investor friendly
STRs are allowed citywide with a clear registration/licensing path, manageable local licensing and biennial inspections, and no explicit caps. The new 14% total tax, mandatory training, and active 'three strikes' enforcement raise costs/risks but are not prohibitive.
Local STR Agent
STR specialist · Jamestown, RI
Jamestown is a small coastal town in Newport County, Rhode Island, occupying most of Conanicut Island in the middle of Narragansett Bay. With a year-round population of roughly 5,400 residents, it carries a relaxed, maritime New England character — quiet residential lanes, working harbors, and open shoreline that feels a world away from busier vacation hubs despite sitting just across the water from one of the region's most visited destinations. The town is best known for its scenic island setting, its historic lighthouse, and as a peaceful gateway to the broader Aquidneck Island attractions. It lies approximately 30 miles south of Providence, Rhode Island's largest city, with a typical drive of around 40 minutes via the bridges and Interstate 95.
At the southern tip of Conanicut Island, Beavertail Lighthouse anchors Beavertail State Park and stands as one of the oldest lighthouse sites in North America, with the current tower dating to 1856. The surrounding park offers rocky shoreline, walking paths, and a small museum interpreting the area's maritime and lifesaving history, all within about a 10-minute drive from Jamestown's village center. The dramatic cliffside views across the mouth of the bay make it a year-round draw for visitors.
Just down the road from Beavertail, Fort Wetherill State Park occupies the former site of a coastal artillery fort, with old gun batteries, stone tunnels, and panoramic overlooks where the bay meets Rhode Island Sound. The park's bluffs are popular with hikers, picnickers, and the divers and kayakers who use the rocky shoreline below, and it sits only minutes from the village. Together with Beavertail, it forms the island's southern recreation corridor.
Across the Claiborne Pell Bridge — a roughly five-minute drive south — lies Newport, Rhode Island, whose Gilded Age mansions, harborfront restaurants, and Cliff Walk rank among the most-visited attractions in southern New England. Jamestown functions as a quieter, residential counterpart to Newport, giving visitors easy access to its shops, sailing events, and summer festivals while letting them retreat to a slower-paced island evening.
For short-term-rental owners, Jamestown offers a distinctive combination: an island setting with limited hotel supply, steady seasonal demand from Newport-bound travelers, boaters, and foliage tourists, and a built-in roster of nearby attractions that range from historic lighthouses and bluff-top state parks to one of New England's most recognizable resort cities. Its accessibility from both Providence and Boston, paired with consistently strong summer and shoulder-season appeal, makes it a compelling base for guests who want coastal Rhode Island without the bustle of downtown Newport.