Performance indicators for the Middletown 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 Middletown.
Loading top listings...
Challenging to Investors
STRs are allowed but limited to owner-occupied properties, with new entrants needing a Special Use permit from the Zoning Board, inspections, and annual renewals; occupancy is capped at six renters per building. These moderate fees and processes, combined with a tightening regulatory stance since late 2024, create a challenging environment for new investors.
Local STR Agent
STR specialist · Middletown, RI
Middletown, Rhode Island, is a picturesque town located in Newport County, known for its scenic coastal views and quintessential New England charm. As of 2023, the town has an approximate population of 16,000 residents. Middletown is conveniently situated just a few miles northeast of Newport, making it about a 40-minute drive from Providence, the closest major city.
Middletown is an appealing destination for short-term rentals, attracting visitors with its blend of natural beauty and historical landmarks. The Sachuest Point National Wildlife Refuge is a significant attraction, offering over 200 acres of coastal land perfect for hiking, birdwatching, and enjoying the serene Atlantic Ocean views (Sachuest Point National Wildlife Refuge).
Another notable spot is the Norman Bird Sanctuary, encompassing over 325 acres with seven miles of hiking trails. It is a haven for bird enthusiasts and nature lovers (Norman Bird Sanctuary). Beachgoers will find Second Beach, also known as Sachuest Beach, particularly inviting with its soft sand and gentle surf, making it a family-friendly option for sunbathing and swimming.
Additionally, Middletown is home to numerous historic sites and cultural spots. Among these is Whitehall Museum House, a 17th-century structure with a rich history involving George Berkeley, an influential philosopher and cleric (Whitehall Museum House). For those interested in military history, the Middletown Historical Society offers insights into the town's past, including its strategic importance.
With its proximity to Newport, visitors to Middletown also have easy access to the famed Newport Mansions, a group of historic house museums that showcase the opulent lifestyle of America's Gilded Age (The Preservation Society of Newport County).
The combination of natural attractions, rich history, and convenient location makes Middletown, RI, an appealing choice for short-term rental guests looking to explore coastal Rhode Island.
