New Bedford, MA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

140 / 322

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$28,851

Middle-Earners Revenue

Occupancy

63%

Middle-Earners Occupancy

Home Value

$444,977

Median Home Sale Price

Top Earners

$57,359

Top-Earners Revenue

New Bedford

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in New Bedford.

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B

Generally Investor friendly

New Bedford Regulations

Short-term rentals are clearly legal and permitted citywide, but investors face moderate state requirements (DOR registration, taxes, annual filings) and a notable local restriction: ADUs cannot be used for STRs, which narrows investment strategies. Taxes can rise high (state 5.7% plus local up to 6% and 3% fee), but the process is known and enforcement appears consistent.

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About New Bedford

New Bedford sits on the south coast of Massachusetts in Bristol County, with a population of roughly 95,000 residents. It carries the easy rhythm of a former seafaring powerhouse, where red-brick warehouses line cobblestone streets and the working harbor still hosts fishing boats alongside visiting tall ships. Best known as the whaling capital that once made America rich, New Bedford is also a gateway to the South Coast, Buzzards Bay, and the ferry terminals that connect travelers to Martha's Vineyard. It lies about 60 miles south of Boston and roughly 30 miles southeast of Providence, Rhode Island, making it a natural stopover for travelers exploring southeastern New England.

The New Bedford Whaling Museum anchors the city's cultural identity along the historic waterfront. Housed in a former candle factory, the museum holds one of the world's most significant collections of whaling artifacts, including a half-scale model of the whaling bark Lagoda and the skeleton of a blue whale. It sits within walking distance of downtown, just a short stroll from the cobblestoned streets that once hummed with sailors and merchants.

Right next door, the New Bedford Whaling National Historical Park preserves the cobblestone district's nineteenth-century architecture, with restored counting houses, the Seamen's Bethel chapel, and a seasonal park visitor center. The park interprets the city's role in the global whaling trade and its connections to Herman Melville, and the entire historic district is reachable on foot from almost anywhere downtown.

The waterfront itself remains a working harbor, with fishing vessels unloading at the piers each morning and visitors welcome to browse the seafood markets, take a whale-watching excursion, or simply watch the boats come and go. From State Pier, the Steamship Authority operates seasonal ferry service to Martha's Vineyard, turning a day trip to the island into a popular option for guests who prefer to stay on the mainland.

About fifteen minutes east, the neighboring town of Fairhaven offers additional coastal appeal with its Victorian architecture, the lighthouse at Fort Phoenix, and quiet beaches looking out over Buzzards Bay. The surrounding South Coast also includes Westport's protected estuaries, the campus and coastal trails of the University of Massachusetts Dartmouth a few miles north, and the beaches of Dartmouth, all within a short drive of the city center.

New Bedford's combination of maritime heritage, walkable downtown, and proximity to both island ferries and quiet South Coast beaches gives it a distinctive appeal for short-term rental investors. Visitors come for the whaling history and Portuguese-influenced food scene, then return for the harbor views, the easy day trips, and the chance to experience a working New England seaport that still feels refreshingly undiscovered.

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