Charlestown, RI

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

46 / 161

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$34,337

Middle-Earners Revenue

Occupancy

56%

Middle-Earners Occupancy

Home Value

$698,037

Median Home Sale Price

Top Earners

$73,728

Top-Earners Revenue

Charlestown

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Charlestown.

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A

Very Investor friendly

Charlestown Regulations

Charlestown permits STRs citywide and defers to a statewide, platform‑mediated regime—no separate municipal license or fee, no caps, and the $10 sales tax permit for independent rentals is minimal. Compliance is straightforward via DBR registration and platform‑handled taxation; local zoning remains the main caveat but is manageable.

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About Charlestown

Charlestown is a coastal town in Washington County, Rhode Island, home to roughly 7,800 residents. It stretches along the state's southern shore in the heart of the South County region, where salt ponds, barrier beaches, and protected woodlands give it a quiet, outdoorsy feel. The town is best known as the mainland departure point for ferries to Block Island and for some of the most unspoiled oceanfront in southern New England. It lies approximately 40 miles south-southwest of Providence and roughly 90 miles from Boston.

At the center of Charlestown's outdoor appeal is the Ninigret National Wildlife Refuge, a roughly 900-acre preserve of salt marsh, freshwater ponds, and pine-oak forest that draws birders, hikers, and beachgoers year-round. The adjacent Ninigret Park hosts the Frosty Drew Nature Center and Observatory, where visitors can explore trails by day and look through telescopes on clear Friday nights. The complex sits only minutes from most Charlestown addresses.

A few miles inland, Burlingame State Park draws campers, paddlers, and freshwater swimmers to its wooded campground and Watchaug Pond. With hundreds of campsites and several miles of trails, it provides an affordable, nature-anchored alternative to the beach and is one of Rhode Island's most popular state-park destinations.

Charlestown's Atlantic-facing beaches — including the barrier-beach East Beach and the more accessible Charlestown Town Beach — are the town's biggest seasonal draw, with swimming, surfing, and quiet stretches that feel a world away from busier Rhode Island hotspots. At the western edge of town, the Charlestown Breachway doubles as a working jetty, a surf-fishing spot, and the dock for ferries to Block Island, putting day-tripping to the island within easy reach of any Charlestown address.

For a change of pace, the historic seaport of Mystic, Connecticut is roughly a 35-minute drive west, while the Victorian village of Watch Hill and Misquamicut State Beach sit just a few miles to the west in neighboring Westerly.

Charlestown appeals to short-term rental guests who want the Rhode Island coast without the crowds of Narragansett or Newport. Its combination of ferry access, refuge and state-park recreation, and proximity to Providence, Newport, the Connecticut border, and Block Island gives it a year-round mix of beach, nature, and day-trip appeal that suits couples, families, and quiet getaways alike.

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