Airbnb Occupancy Rates in Montenegro Occupancy and revenue by city (October 2026)
The Airbnb occupancy rate in Montenegro is 58%, with an average daily rate of €118 and €24,512 in annual revenue per listing, across 21,004 active listings.
How many active Airbnb listings are in Montenegro?
There are 21,004 active Airbnb listings in Montenegro, across 25 regions tracked by GuestFavorites.
What is the most profitable Airbnb location in Montenegro?
By annual revenue per listing, Kotor leads the markets we track in Montenegro at €37,254 per property per year.
How is the Montenegro Airbnb market data calculated?
GuestFavorites tracks Montenegro Airbnb listings over the last 12 months (October 2025 - September 2026, 25 regions). Occupancy is the share of available nights that were booked, and country averages give more weight to markets with more listings. City-by-city figures are below.
The largest Airbnb markets in Montenegro are Budva, Dobrota, Ulcinj Ulqin, Podgorica, Tivat.
Airbnb Markets in Montenegro (October 2026)
Montenegro Airbnb Market Guide
Where you buy matters more than any other Airbnb decision. This guide uses GuestFavorites data to compare occupancy, nightly rates, and revenue across Montenegro.
We track 25 regions in Montenegro. Demand, pricing, and revenue vary a lot between them, so compare markets before you invest.
Which Cities Have the Most Airbnb Listings in Montenegro?
These are the largest Airbnb markets in Montenegro by number of active listings:
- Budva: 2,454 active listings | Occupancy: 63% | Daily Rate: €103 | Annual Revenue: €23,805
- Dobrota: 1,623 active listings | Occupancy: 74% | Daily Rate: €132 | Annual Revenue: €35,591
- Ulcinj Ulqin: 1,216 active listings | Occupancy: 43% | Daily Rate: €85 | Annual Revenue: €13,225
- Podgorica: 954 active listings | Occupancy: 53% | Daily Rate: €47 | Annual Revenue: €9,063
- Tivat: 756 active listings | Occupancy: 65% | Daily Rate: €115 | Annual Revenue: €27,374
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Airbnb Market Performance in Montenegro
Largest Airbnb Markets by Listings
Markets with the most active Airbnb listings. Large supply usually means established demand, but also more competition.
Budva, Montenegro
Dobrota, Kotor
Ulcinj Ulqin, Ulcinj Komuna E Ulqinit
Podgorica, Glavni Grad Podgorica
Tivat, Montenegro
Bečići, Budva
Velipojë, Bashkia Shkodër
Kunje, Bar
Škaljari, Kotor
Herceg Novi, Montenegro
Bar, Montenegro
Rafailovići, Budva
Sutomore, Bar
Pečurice, Bar
Kotor, Montenegro
Šušanj, Bar
Kolašin, Montenegro
Podlastva (Poljice), Budva
Sveti Stefan, Budva
Ubli, Herceg Novi
Highest Revenue per Listing
Markets where the average listing earns the most per year. Revenue is not profit: check purchase prices and local rules before investing.
Kotor, Montenegro
Dobrota, Kotor
Škaljari, Kotor
Lepetane, Tivat
Sveti Stefan, Budva
Donja Lastva, Tivat
Tivat, Montenegro
Podlastva (Poljice), Budva
Ubli, Herceg Novi
Rafailovići, Budva
Budva, Montenegro
Bečići, Budva
Herceg Novi, Montenegro
Kunje, Bar
Velipojë, Bashkia Shkodër
Bar, Montenegro
Šušanj, Bar
Pečurice, Bar
Ulcinj Ulqin, Ulcinj Komuna E Ulqinit
Podgorica, Glavni Grad Podgorica
Highest Occupancy Markets
Markets where listings are booked for the highest share of available nights.
Kotor, Montenegro
Dobrota, Kotor
Škaljari, Kotor
Lepetane, Tivat
Donja Lastva, Tivat
Tivat, Montenegro
Herceg Novi, Montenegro
Budva, Montenegro
Bečići, Budva
Rafailovići, Budva
Ubli, Herceg Novi
Sveti Stefan, Budva
Podlastva (Poljice), Budva
Šušanj, Bar
Podgorica, Glavni Grad Podgorica
Kunje, Bar
Bar, Montenegro
Sutomore, Bar
Pečurice, Bar
Ulcinj Ulqin, Ulcinj Komuna E Ulqinit
Highest Nightly Rate Markets
Markets with the highest average daily rates, usually luxury, beach, and ski destinations.
Podlastva (Poljice), Budva
Sveti Stefan, Budva
Lepetane, Tivat
Kunje, Bar
Kotor, Montenegro
Pečurice, Bar
Donja Lastva, Tivat
Dobrota, Kotor
Rafailovići, Budva
Škaljari, Kotor
Velipojë, Bashkia Shkodër
Ubli, Herceg Novi
Bečići, Budva
Tivat, Montenegro
Herceg Novi, Montenegro
Budva, Montenegro
Bar, Montenegro
Ulcinj Ulqin, Ulcinj Komuna E Ulqinit
Kolašin, Montenegro
Sutomore, Bar
Other countries in Europe
Compare Montenegro with nearby Airbnb markets.
- France58%
- Italy60%
- Spain64%
- England59%
- Germany57%
- Croatia63%
- Greece65%
- Portugal63%
- Poland57%
- Norway53%
- Denmark63%
- Turkey55%
- Netherlands61%
- Sweden55%
- Austria55%
- Switzerland58%
- Scotland69%
- Belgium56%
- Romania51%
- Wales61%
- Albania53%
- Finland53%
- Czech Republic60%
- Ireland63%
- Hungary63%
- Bulgaria53%
- Serbia52%
- Slovenia64%
- Northern Ireland57%
- Kosovo40%
- Luxembourg67%
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