Airbnb Occupancy Rates in Montenegro
Occupancy and revenue by city (October 2026)

Source: GuestFavoritesLast updated: 2026-10-16

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)

25 regions

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

Ready to dive deeper into the data? Sign up for free to access detailed analytics, seasonal trends, and investment ROI calculators for every market in Montenegro.

Airbnb Market Performance in Montenegro

Daily Rate€118Average nightly price across Montenegro
Occupancy Rate58% Strong demand
Annual Revenue per Listing€24,512Average yearly earnings per property
Active Listings21,004Active Airbnb listings 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

2,454 active listings
Occupancy 63%
Daily Rate €103
Revenue €23,805

Dobrota, Kotor

1,623 active listings
Occupancy 74%
Daily Rate €132
Revenue €35,591

Ulcinj Ulqin, Ulcinj Komuna E Ulqinit

1,216 active listings
Occupancy 43%
Daily Rate €85
Revenue €13,225

Podgorica, Glavni Grad Podgorica

954 active listings
Occupancy 53%
Daily Rate €47
Revenue €9,063

Tivat, Montenegro

756 active listings
Occupancy 65%
Daily Rate €115
Revenue €27,374

Bečići, Budva

707 active listings
Occupancy 62%
Daily Rate €116
Revenue €26,335

Velipojë, Bashkia Shkodër

626 active listings
Occupancy 42%
Daily Rate €121
Revenue €18,416

Kunje, Bar

581 active listings
Occupancy 51%
Daily Rate €142
Revenue €26,346

Škaljari, Kotor

580 active listings
Occupancy 69%
Daily Rate €127
Revenue €32,208

Herceg Novi, Montenegro

571 active listings
Occupancy 64%
Daily Rate €103
Revenue €23,919

Bar, Montenegro

563 active listings
Occupancy 50%
Daily Rate €88
Revenue €15,957

Rafailovići, Budva

406 active listings
Occupancy 60%
Daily Rate €129
Revenue €28,445

Sutomore, Bar

314 active listings
Occupancy 47%
Daily Rate €81
Revenue €13,964

Pečurice, Bar

307 active listings
Occupancy 44%
Daily Rate €135
Revenue €21,615

Kotor, Montenegro

303 active listings
Occupancy 75%
Daily Rate €137
Revenue €37,254

Šušanj, Bar

296 active listings
Occupancy 55%
Daily Rate €78
Revenue €15,771

Kolašin, Montenegro

286 active listings
Occupancy 34%
Daily Rate €84
Revenue €10,360

Podlastva (Poljice), Budva

269 active listings
Occupancy 56%
Daily Rate €189
Revenue €38,870

Sveti Stefan, Budva

246 active listings
Occupancy 59%
Daily Rate €171
Revenue €36,720

Ubli, Herceg Novi

240 active listings
Occupancy 60%
Daily Rate €120
Revenue €26,445

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

303 active listings
Occupancy 75%
Daily Rate €137
Revenue €37,254

Dobrota, Kotor

1,623 active listings
Occupancy 74%
Daily Rate €132
Revenue €35,591

Škaljari, Kotor

580 active listings
Occupancy 69%
Daily Rate €127
Revenue €32,208

Lepetane, Tivat

236 active listings
Occupancy 69%
Daily Rate €150
Revenue €37,612

Sveti Stefan, Budva

246 active listings
Occupancy 59%
Daily Rate €171
Revenue €36,720

Donja Lastva, Tivat

218 active listings
Occupancy 66%
Daily Rate €133
Revenue €32,241

Tivat, Montenegro

756 active listings
Occupancy 65%
Daily Rate €115
Revenue €27,374

Podlastva (Poljice), Budva

269 active listings
Occupancy 56%
Daily Rate €189
Revenue €38,870

Ubli, Herceg Novi

240 active listings
Occupancy 60%
Daily Rate €120
Revenue €26,445

Rafailovići, Budva

406 active listings
Occupancy 60%
Daily Rate €129
Revenue €28,445

Budva, Montenegro

2,454 active listings
Occupancy 63%
Daily Rate €103
Revenue €23,805

Bečići, Budva

707 active listings
Occupancy 62%
Daily Rate €116
Revenue €26,335

Herceg Novi, Montenegro

571 active listings
Occupancy 64%
Daily Rate €103
Revenue €23,919

Kunje, Bar

581 active listings
Occupancy 51%
Daily Rate €142
Revenue €26,346

Velipojë, Bashkia Shkodër

626 active listings
Occupancy 42%
Daily Rate €121
Revenue €18,416

Bar, Montenegro

563 active listings
Occupancy 50%
Daily Rate €88
Revenue €15,957

Šušanj, Bar

296 active listings
Occupancy 55%
Daily Rate €78
Revenue €15,771

Pečurice, Bar

307 active listings
Occupancy 44%
Daily Rate €135
Revenue €21,615

Ulcinj Ulqin, Ulcinj Komuna E Ulqinit

1,216 active listings
Occupancy 43%
Daily Rate €85
Revenue €13,225

Podgorica, Glavni Grad Podgorica

954 active listings
Occupancy 53%
Daily Rate €47
Revenue €9,063

Highest Occupancy Markets

Markets where listings are booked for the highest share of available nights.

Kotor, Montenegro

303 active listings
Occupancy 75%
Daily Rate €137
Revenue €37,254

Dobrota, Kotor

1,623 active listings
Occupancy 74%
Daily Rate €132
Revenue €35,591

Škaljari, Kotor

580 active listings
Occupancy 69%
Daily Rate €127
Revenue €32,208

Lepetane, Tivat

236 active listings
Occupancy 69%
Daily Rate €150
Revenue €37,612

Donja Lastva, Tivat

218 active listings
Occupancy 66%
Daily Rate €133
Revenue €32,241

Tivat, Montenegro

756 active listings
Occupancy 65%
Daily Rate €115
Revenue €27,374

Herceg Novi, Montenegro

571 active listings
Occupancy 64%
Daily Rate €103
Revenue €23,919

Budva, Montenegro

2,454 active listings
Occupancy 63%
Daily Rate €103
Revenue €23,805

Bečići, Budva

707 active listings
Occupancy 62%
Daily Rate €116
Revenue €26,335

Rafailovići, Budva

406 active listings
Occupancy 60%
Daily Rate €129
Revenue €28,445

Ubli, Herceg Novi

240 active listings
Occupancy 60%
Daily Rate €120
Revenue €26,445

Sveti Stefan, Budva

246 active listings
Occupancy 59%
Daily Rate €171
Revenue €36,720

Podlastva (Poljice), Budva

269 active listings
Occupancy 56%
Daily Rate €189
Revenue €38,870

Šušanj, Bar

296 active listings
Occupancy 55%
Daily Rate €78
Revenue €15,771

Podgorica, Glavni Grad Podgorica

954 active listings
Occupancy 53%
Daily Rate €47
Revenue €9,063

Kunje, Bar

581 active listings
Occupancy 51%
Daily Rate €142
Revenue €26,346

Bar, Montenegro

563 active listings
Occupancy 50%
Daily Rate €88
Revenue €15,957

Sutomore, Bar

314 active listings
Occupancy 47%
Daily Rate €81
Revenue €13,964

Pečurice, Bar

307 active listings
Occupancy 44%
Daily Rate €135
Revenue €21,615

Ulcinj Ulqin, Ulcinj Komuna E Ulqinit

1,216 active listings
Occupancy 43%
Daily Rate €85
Revenue €13,225

Highest Nightly Rate Markets

Markets with the highest average daily rates, usually luxury, beach, and ski destinations.

Podlastva (Poljice), Budva

269 active listings
Occupancy 56%
Daily Rate €189
Revenue €38,870

Sveti Stefan, Budva

246 active listings
Occupancy 59%
Daily Rate €171
Revenue €36,720

Lepetane, Tivat

236 active listings
Occupancy 69%
Daily Rate €150
Revenue €37,612

Kunje, Bar

581 active listings
Occupancy 51%
Daily Rate €142
Revenue €26,346

Kotor, Montenegro

303 active listings
Occupancy 75%
Daily Rate €137
Revenue €37,254

Pečurice, Bar

307 active listings
Occupancy 44%
Daily Rate €135
Revenue €21,615

Donja Lastva, Tivat

218 active listings
Occupancy 66%
Daily Rate €133
Revenue €32,241

Dobrota, Kotor

1,623 active listings
Occupancy 74%
Daily Rate €132
Revenue €35,591

Rafailovići, Budva

406 active listings
Occupancy 60%
Daily Rate €129
Revenue €28,445

Škaljari, Kotor

580 active listings
Occupancy 69%
Daily Rate €127
Revenue €32,208

Velipojë, Bashkia Shkodër

626 active listings
Occupancy 42%
Daily Rate €121
Revenue €18,416

Ubli, Herceg Novi

240 active listings
Occupancy 60%
Daily Rate €120
Revenue €26,445

Bečići, Budva

707 active listings
Occupancy 62%
Daily Rate €116
Revenue €26,335

Tivat, Montenegro

756 active listings
Occupancy 65%
Daily Rate €115
Revenue €27,374

Herceg Novi, Montenegro

571 active listings
Occupancy 64%
Daily Rate €103
Revenue €23,919

Budva, Montenegro

2,454 active listings
Occupancy 63%
Daily Rate €103
Revenue €23,805

Bar, Montenegro

563 active listings
Occupancy 50%
Daily Rate €88
Revenue €15,957

Ulcinj Ulqin, Ulcinj Komuna E Ulqinit

1,216 active listings
Occupancy 43%
Daily Rate €85
Revenue €13,225

Kolašin, Montenegro

286 active listings
Occupancy 34%
Daily Rate €84
Revenue €10,360

Sutomore, Bar

314 active listings
Occupancy 47%
Daily Rate €81
Revenue €13,964

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