STR Investment Grade
Transparent ScoringSTRs Generally Permitted
STRs generally allowed with standard permits
No major restrictions known. Standard registration and tax collection may be required. Check local ordinances for specific requirements.
2. What permits or licenses are required?
3. Are there owner-occupancy requirements?
4. Any caps on rental nights per year or number of permits?
Why Westerly?
Beach MarketWhat drives short-term rental demand here
Beach proximity drives premium nightly rates and strong seasonal demand from vacationers.
Population and economic growth signal increasing demand and property appreciation potential.
Will This Deal Work?
Below average. Significant challenges may impact profitability.
Market estimates · Updated Feb 2026
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📋 Regulation Status
Regulations vary by city and county. Always verify local STR ordinances, permit requirements, and zoning laws before purchasing.
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See how our students earn $2K–$4K/mo from rural Airbnbs — even as first-time investors.
Apply NowWesterly, Rhode Island is rated D for Airbnb investment with a score of 36/100 (CAUTION). The market has an average daily rate (ADR) of $322, 50% occupancy, and estimated monthly STR revenue of $4,833. Median home value is $599,770 with a cash-on-cash return of -0.4%. STR regulation status: Legal. Data powered by Edge by Teeco using estimated market data.