Best Places in Montenegro to Invest in Airbnbs, Short-Term Rentals in 2025

Last updated: March 31, 2025

Discover the most lucrative short-term rental markets in Montenegro with AirROI's comprehensive investment guide. Whether you’re an experienced property investor or just starting your Airbnb journey, through detailed analysis of key metrics across premier global, our data-driven insights reveal where smart money is flowing in the short-term rental space. Using advanced market analytics and real performance data, we’ve identified investment hotspots that combine strong rental demand, favorable regulations, and optimal revenue potential.

Read on to explore the top-performing short-term rental markets that should be on every investor’s radar in 2025.

Explore Live Data

Top Short-Term Rental Cities in Montenegro

Rank:#1Market:BudvaCountry:MontenegroProperties:1,307Monthly Revenue:$711.84Daily Rate:$96.17Occupancy:40.22%Regulation:Low
Rank:#2Market:DobrotaCountry:MontenegroProperties:852Monthly Revenue:$1200.90Daily Rate:$117.75Occupancy:47.97%Regulation:Low
Rank:#3Market:KotorCountry:MontenegroProperties:483Monthly Revenue:$1201.71Daily Rate:$117.63Occupancy:46.26%Regulation:Low
Rank:#4Market:PodgoricaCountry:MontenegroProperties:438Monthly Revenue:$506.51Daily Rate:$50.07Occupancy:41.50%Regulation:Low
Rank:#5Market:Ulcinj - UlqinCountry:MontenegroProperties:404Monthly Revenue:$353.99Daily Rate:$82.09Occupancy:34.91%Regulation:Low
Rank:#6Market:TivatCountry:MontenegroProperties:359Monthly Revenue:$799.20Daily Rate:$107.21Occupancy:37.85%Regulation:Low
Rank:#7Market:Herceg NoviCountry:MontenegroProperties:291Monthly Revenue:$576.10Daily Rate:$91.72Occupancy:40.01%Regulation:Low
Rank:#8Market:PrčanjCountry:MontenegroProperties:290Monthly Revenue:$1110.29Daily Rate:$129.40Occupancy:46.36%Regulation:Low
Rank:#9Market:BečićiCountry:MontenegroProperties:279Monthly Revenue:$720.02Daily Rate:$106.30Occupancy:38.49%Regulation:Low
Rank:#10Market:BarCountry:MontenegroProperties:256Monthly Revenue:$335.89Daily Rate:$66.61Occupancy:33.09%Regulation:Low
Rank:#11Market:Petrovac na MoruCountry:MontenegroProperties:244Monthly Revenue:$363.13Daily Rate:$85.55Occupancy:36.33%Regulation:Low
Rank:#12Market:ŽabljakCountry:MontenegroProperties:223Monthly Revenue:$475.31Daily Rate:$79.14Occupancy:30.89%Regulation:Low
Rank:#13Market:Sveti StefanCountry:MontenegroProperties:172Monthly Revenue:$771.08Daily Rate:$146.84Occupancy:32.95%Regulation:Low
Rank:#14Market:KunjeCountry:MontenegroProperties:170Monthly Revenue:$672.62Daily Rate:$115.78Occupancy:40.85%Regulation:Low
Rank:#15Market:PržnoCountry:MontenegroProperties:141Monthly Revenue:$641.77Daily Rate:$145.85Occupancy:37.36%Regulation:Low
Rank:#16Market:RafailovićiCountry:MontenegroProperties:136Monthly Revenue:$663.59Daily Rate:$118.02Occupancy:37.83%Regulation:Low
Rank:#17Market:ŠušanjCountry:MontenegroProperties:130Monthly Revenue:$406.41Daily Rate:$86.27Occupancy:38.19%Regulation:Low
Rank:#18Market:SutomoreCountry:MontenegroProperties:126Monthly Revenue:$247.97Daily Rate:$63.13Occupancy:32.69%Regulation:Low
Rank:#19Market:BoretiCountry:MontenegroProperties:121Monthly Revenue:$543.76Daily Rate:$105.24Occupancy:35.97%Regulation:Low
Rank:#20Market:Donja LastvaCountry:MontenegroProperties:119Monthly Revenue:$807.07Daily Rate:$111.55Occupancy:39.70%Regulation:Low
Rank:#21Market:RisanCountry:MontenegroProperties:114Monthly Revenue:$638.10Daily Rate:$84.92Occupancy:43.69%Regulation:Low
Rank:#22Market:KolašinCountry:MontenegroProperties:110Monthly Revenue:$442.53Daily Rate:$95.12Occupancy:23.90%Regulation:Low
Rank:#23Market:PečuriceCountry:MontenegroProperties:84Monthly Revenue:$558.41Daily Rate:$110.61Occupancy:37.41%Regulation:Low
Rank:#24Market:MuoCountry:MontenegroProperties:80Monthly Revenue:$1122.30Daily Rate:$137.27Occupancy:49.17%Regulation:Low
Rank:#25Market:BuljaricaCountry:MontenegroProperties:79Monthly Revenue:$606.59Daily Rate:$113.71Occupancy:40.92%Regulation:Low
Rank:#26Market:Gornji Štoj - Shtoji i EpërmCountry:MontenegroProperties:79Monthly Revenue:$768.69Daily Rate:$140.17Occupancy:35.35%Regulation:Low
Rank:#27Market:LušticaCountry:MontenegroProperties:77Monthly Revenue:$1434.98Daily Rate:$175.89Occupancy:44.79%Regulation:Low
Rank:#28Market:ĐenovićiCountry:MontenegroProperties:75Monthly Revenue:$503.31Daily Rate:$98.84Occupancy:36.21%Regulation:Low
Rank:#29Market:PerastCountry:MontenegroProperties:75Monthly Revenue:$1391.17Daily Rate:$179.63Occupancy:46.24%Regulation:Low
Rank:#30Market:Donji OrahovacCountry:MontenegroProperties:71Monthly Revenue:$1211.09Daily Rate:$134.69Occupancy:50.33%Regulation:Low
Rank:#31Market:TrojicaCountry:MontenegroProperties:69Monthly Revenue:$832.70Daily Rate:$119.13Occupancy:39.18%Regulation:Low
Rank:#32Market:Donji Štoj - Shtoji i PoshtëmCountry:MontenegroProperties:69Monthly Revenue:$312.64Daily Rate:$71.44Occupancy:29.53%Regulation:Low
Rank:#33Market:BijelaCountry:MontenegroProperties:67Monthly Revenue:$448.21Daily Rate:$84.96Occupancy:36.80%Regulation:Low
Rank:#34Market:IgaloCountry:MontenegroProperties:67Monthly Revenue:$407.34Daily Rate:$77.53Occupancy:31.41%Regulation:Low
Rank:#35Market:BoljevićiCountry:MontenegroProperties:66Monthly Revenue:$565.97Daily Rate:$69.56Occupancy:37.92%Regulation:Low
Rank:#36Market:CetinjeCountry:MontenegroProperties:59Monthly Revenue:$311.31Daily Rate:$54.01Occupancy:32.63%Regulation:Low
Rank:#37Market:KrašićiCountry:MontenegroProperties:56Monthly Revenue:$709.49Daily Rate:$139.77Occupancy:39.85%Regulation:Low
Rank:#38Market:Dobra VodaCountry:MontenegroProperties:53Monthly Revenue:$498.79Daily Rate:$106.56Occupancy:35.78%Regulation:Low
Rank:#39Market:ProvodinaCountry:MontenegroProperties:49Monthly Revenue:$503.24Daily Rate:$93.23Occupancy:43.65%Regulation:Low
Rank:#40Market:LepetaneCountry:MontenegroProperties:48Monthly Revenue:$795.60Daily Rate:$102.14Occupancy:44.71%Regulation:Low
Rank:#41Market:MrčevacCountry:MontenegroProperties:48Monthly Revenue:$361.70Daily Rate:$84.44Occupancy:31.81%Regulation:Low
Rank:#42Market:RadovićiCountry:MontenegroProperties:48Monthly Revenue:$753.69Daily Rate:$240.96Occupancy:31.94%Regulation:Low
Rank:#43Market:KumborCountry:MontenegroProperties:45Monthly Revenue:$432.49Daily Rate:$92.58Occupancy:38.84%Regulation:Low
Rank:#44Market:NikšićCountry:MontenegroProperties:44Monthly Revenue:$263.27Daily Rate:$42.85Occupancy:29.65%Regulation:Low
Rank:#45Market:Lastva GrbaljskaCountry:MontenegroProperties:42Monthly Revenue:$557.47Daily Rate:$91.98Occupancy:38.33%Regulation:Low
Rank:#46Market:KavačCountry:MontenegroProperties:39Monthly Revenue:$424.47Daily Rate:$120.69Occupancy:18.73%Regulation:Low
Rank:#47Market:MorinjCountry:MontenegroProperties:37Monthly Revenue:$755.86Daily Rate:$149.62Occupancy:38.13%Regulation:Low
Rank:#48Market:BigovaCountry:MontenegroProperties:36Monthly Revenue:$475.92Daily Rate:$92.68Occupancy:40.88%Regulation:Low
Rank:#49Market:SeocaCountry:MontenegroProperties:35Monthly Revenue:$516.15Daily Rate:$114.05Occupancy:38.35%Regulation:Low
Rank:#50Market:Kruče - KërruçiCountry:MontenegroProperties:35Monthly Revenue:$720.51Daily Rate:$141.67Occupancy:39.84%Regulation:Low
Rank:#51Market:Long BeachCountry:MontenegroProperties:35Monthly Revenue:$691.92Daily Rate:$477.32Occupancy:22.88%Regulation:Low
Rank:#52Market:BogišićiCountry:MontenegroProperties:35Monthly Revenue:$1314.22Daily Rate:$227.98Occupancy:47.96%Regulation:Low
Rank:#53Market:PrijevorCountry:MontenegroProperties:34Monthly Revenue:$1199.43Daily Rate:$325.46Occupancy:38.88%Regulation:Low
Rank:#54Market:BaošićiCountry:MontenegroProperties:33Monthly Revenue:$845.57Daily Rate:$109.87Occupancy:50.20%Regulation:Low
Rank:#55Market:Motički gajCountry:MontenegroProperties:31Monthly Revenue:$413.36Daily Rate:$72.13Occupancy:34.60%Regulation:Low
Rank:#56Market:Dražin VrtCountry:MontenegroProperties:30Monthly Revenue:$1631.32Daily Rate:$168.30Occupancy:50.88%Regulation:Low
Rank:#57Market:MeždoCountry:MontenegroProperties:30Monthly Revenue:$333.68Daily Rate:$72.24Occupancy:25.50%Regulation:Low
Rank:#58Market:VirakCountry:MontenegroProperties:29Monthly Revenue:$510.70Daily Rate:$87.55Occupancy:35.85%Regulation:Low
Rank:#59Market:PitomineCountry:MontenegroProperties:27Monthly Revenue:$780.91Daily Rate:$112.68Occupancy:48.23%Regulation:Low
Rank:#60Market:ĐuraševićiCountry:MontenegroProperties:26Monthly Revenue:$1644.66Daily Rate:$228.72Occupancy:48.75%Regulation:Low
Rank:#61Market:VirpazarCountry:MontenegroProperties:25Monthly Revenue:$349.42Daily Rate:$64.33Occupancy:28.75%Regulation:Low
Rank:#62Market:PodiCountry:MontenegroProperties:25Monthly Revenue:$1698.85Daily Rate:$244.75Occupancy:47.25%Regulation:Low
Rank:#63Market:BorjeCountry:MontenegroProperties:25Monthly Revenue:$525.26Daily Rate:$101.13Occupancy:29.35%Regulation:Low
Rank:#64Market:Kovačka DolinaCountry:MontenegroProperties:24Monthly Revenue:$600.45Daily Rate:$98.75Occupancy:37.17%Regulation:Low
Rank:#65Market:RazvršjeCountry:MontenegroProperties:24Monthly Revenue:$671.55Daily Rate:$84.93Occupancy:41.96%Regulation:Low
Rank:#66Market:BurtaišiCountry:MontenegroProperties:22Monthly Revenue:$210.28Daily Rate:$53.67Occupancy:33.45%Regulation:Low
Rank:#67Market:KuljačeCountry:MontenegroProperties:22Monthly Revenue:$1026.89Daily Rate:$289.63Occupancy:36.93%Regulation:Low
Rank:#68Market:RađenovićiCountry:MontenegroProperties:21Monthly Revenue:$1726.43Daily Rate:$333.06Occupancy:33.74%Regulation:Low
Rank:#69Market:PlužineCountry:MontenegroProperties:21Monthly Revenue:$554.42Daily Rate:$70.78Occupancy:36.26%Regulation:Low
Rank:#70Market:GošićiCountry:MontenegroProperties:21Monthly Revenue:$556.98Daily Rate:$168.84Occupancy:28.61%Regulation:Low
Rank:#71Market:ZagrađeCountry:MontenegroProperties:20Monthly Revenue:$245.20Daily Rate:$98.06Occupancy:27.28%Regulation:Low
Rank:#72Market:JavorjeCountry:MontenegroProperties:20Monthly Revenue:$443.95Daily Rate:$48.57Occupancy:50.31%Regulation:Low
Rank:#73Market:BrcaCountry:MontenegroProperties:19Monthly Revenue:$1214.46Daily Rate:$180.56Occupancy:39.56%Regulation:Low
Rank:#74Market:DanilovgradCountry:MontenegroProperties:19Monthly Revenue:$1040.60Daily Rate:$125.95Occupancy:42.15%Regulation:Low
Rank:#75Market:ZelenikaCountry:MontenegroProperties:19Monthly Revenue:$360.75Daily Rate:$79.27Occupancy:37.88%Regulation:Low
Rank:#76Market:NjegovuđaCountry:MontenegroProperties:19Monthly Revenue:$357.09Daily Rate:$60.21Occupancy:37.41%Regulation:Low
Rank:#77Market:MeljineCountry:MontenegroProperties:17Monthly Revenue:$334.67Daily Rate:$56.34Occupancy:37.62%Regulation:Low

Our Methodology

At AirROI, we leverage advanced technology to process and analyze the world’s most comprehensive short-term rental dataset, helping investors make data-driven decisions.

Data Collection

  • Real-time data aggregation from tens of millions of listings globally
  • Comprehensive tracking of market-specific performance metrics
  • Local regulatory tracking

Data Processing

  • AI-powered analysis of booking patterns
  • Advanced machine learning for trend identification
  • Forward-looking market forecasting
  • Cross-market performance benchmarking

Key Metrics We Track

  • Occupancy rates and seasonal patterns
  • Revenue performance (ADR, RevPAR)
  • Market demand indicators
  • Investment metrics (ROI, operating costs)
  • Regulatory compliance requirements

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Discover Market Insights

All Markets in Montenegro

Bar MunicipalityBudva MunicipalityDanilovgrad MunicipalityHerceg Novi MunicipalityKolašin MunicipalityKotor MunicipalityNikšić MunicipalityOld Royal Capital CetinjePlužine MunicipalityPodgorica Capital CityTivat MunicipalityUlcinj MunicipalityŽabljak Municipality