Portsmouth, RI

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

88 / 198

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$39,892

Middle-Earners Revenue

Occupancy

54%

Middle-Earners Occupancy

Home Value

$692,085

Median Home Sale Price

Top Earners

$104,263

Top-Earners Revenue

Portsmouth

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Portsmouth.

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B

Generally Investor friendly

Portsmouth Regulations

Portsmouth permits STRs in most residential zones with a simple $130 registration that includes inspections, clear occupancy limits, and a supportive, complaint‑based enforcement stance. The main downside is the pending R‑10 ban that could remove ~40% of inventory and restrict high‑density areas, creating location‑specific risk for investors.

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About Portsmouth

Portsmouth is a coastal town in Newport County, Rhode Island, situated on the northern end of Aquidneck Island in Narragansett Bay. With an approximate population of around 17,000, it carries a relaxed, semi-rural character that blends working farmland, quiet residential neighborhoods, and a generous shoreline. The town is best known for serving as the quieter, more residential counterpart to the busier tourist scene in neighboring Newport, and it acts as a useful gateway to the rest of Aquidneck Island. Providence, the nearest major city, lies roughly 20 miles to the northwest, making Portsmouth an easy drive for visitors arriving from the state's capital or from Boston, which is about 70 miles to the north.

One of Portsmouth's signature draws is the Green Animals Topiary Garden, one of the oldest topiary gardens in the United States, located within Portsmouth's boundaries just minutes from the town center. The garden features elaborate sculpted shrubs, formal flower beds, and a historic Victorian house overlooking Narragansett Bay, and it draws visitors year-round. It is a short drive from virtually anywhere in town and pairs naturally with a leisurely afternoon along the nearby coastline.

Portsmouth is also home to several appealing public beaches, including Second Beach (Sachuest Beach) and Third Beach, both of which sit along the Sakonnet River and the eastern shore of the island. These beaches are typically less crowded than those in Newport and offer a more low-key coastal experience, with calm water, soft sand, and easy access for families. They are a primary reason many short-term rental guests choose to stay in town.

Just a few miles to the south, the city of Newport offers a dense concentration of attractions, including its historic harbor, oceanfront Cliff Walk, and Gilded Age mansions preserved as museums. Portsmouth's location makes it practical to base in a quieter setting while still being within a ten-to-fifteen-minute drive of Newport's dining, shopping, and sightseeing. The Mount Hope Bridge, which links Portsmouth to Bristol, also places that town's waterfront and Blithewold Mansion within easy reach to the north.

For short-term rental owners and guests alike, Portsmouth offers a compelling mix of small-town coastal character, scenic shoreline, and convenient access to two of Rhode Island's most-visited destinations. Its proximity to Newport, its beaches, and its gardens, combined with easy drives to Providence and the Boston area, give it broad seasonal appeal that supports steady interest throughout the year.

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