Warwick, RI
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Warwick short-term rental market based on reliable data.
Listings
97 / 243
Reliable / Active
Cap Rate
9%
Middle-Earners Gross Yield
Revenue
$36,818
Middle-Earners Revenue
Occupancy
66%
Middle-Earners Occupancy
Home Value
$400,071
Median Home Sale Price
Top Earners
$63,445
Top-Earners Revenue
Warwick
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Warwick.
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Challenging to Investors
Warwick Regulations
Warwick's STR regulations are technically permissive but burdened by strict zoning limits, an annual $250 fee, required inspections tied to occupancy/septic capacity, strong enforcement with fines up to $500/day and potential permit revocation for violations, and additional operational rules (local representative, guest records, parking). This creates meaningful compliance hurdles and risk, pushing the framework into the Challenging tier for investors.
Local STR Agent
STR specialist · Warwick, RI
About Warwick
Warwick ( WOR-wik or WORR-ik) is a city in Kent County, Rhode Island, United States, and is the third largest city in the state with a population of 82,823 at the 2020 census. Warwick is located approximately 12 miles (19 km) south of downtown Providence, Rhode Island, 63 miles (101 km) southwest of Boston, Massachusetts, and 171 miles (275 km) northeast of New York City. Warwick was founded by Samuel Gorton in 1642 and has witnessed major events in American history. It was decimated during King Philip's War (1675–1676) and was the site of the Gaspee Affair, the first act of armed resistance against the British, preceding even the Boston Tea Party, and a significant prelude to the American Revolution. Warwick was also the home of Revolutionary War General Nathanael Greene, George Washington's second-in-command, and Civil War General George S. Greene, a hero of the Battle of Gettysburg. Today, it is home to Rhode Island's main airport, T. F. Green Airport, which serves the Providence area and also functions as a reliever for Logan International Airport in Boston, Massachusetts. Warwick was also home to Rocky Point, which closed in 1995.