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

Last updated: January 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 2024.

Explore Live Data

Top Short-Term Rental Cities in Montenegro

Rank:#1Market:BudvaCountry:MontenegroProperties:1,429Monthly Revenue:$701.55Daily Rate:$99.51Occupancy:39.54%Regulation:Low
Rank:#2Market:DobrotaCountry:MontenegroProperties:895Monthly Revenue:$1196.73Daily Rate:$117.10Occupancy:46.91%Regulation:Low
Rank:#3Market:KotorCountry:MontenegroProperties:504Monthly Revenue:$1182.02Daily Rate:$115.74Occupancy:45.65%Regulation:Low
Rank:#4Market:PodgoricaCountry:MontenegroProperties:450Monthly Revenue:$530.62Daily Rate:$51.55Occupancy:42.08%Regulation:Low
Rank:#5Market:Ulcinj - UlqinCountry:MontenegroProperties:433Monthly Revenue:$345.65Daily Rate:$82.82Occupancy:33.62%Regulation:Low
Rank:#6Market:TivatCountry:MontenegroProperties:392Monthly Revenue:$781.89Daily Rate:$109.62Occupancy:36.54%Regulation:Low
Rank:#7Market:Herceg NoviCountry:MontenegroProperties:310Monthly Revenue:$541.20Daily Rate:$90.74Occupancy:38.64%Regulation:Low
Rank:#8Market:BečićiCountry:MontenegroProperties:308Monthly Revenue:$737.38Daily Rate:$112.78Occupancy:38.38%Regulation:Low
Rank:#9Market:PrčanjCountry:MontenegroProperties:306Monthly Revenue:$1102.41Daily Rate:$130.15Occupancy:45.19%Regulation:Low
Rank:#10Market:BarCountry:MontenegroProperties:270Monthly Revenue:$325.56Daily Rate:$68.61Occupancy:31.90%Regulation:Low
Rank:#11Market:Petrovac na MoruCountry:MontenegroProperties:267Monthly Revenue:$354.99Daily Rate:$86.89Occupancy:34.29%Regulation:Low
Rank:#12Market:ŽabljakCountry:MontenegroProperties:240Monthly Revenue:$457.76Daily Rate:$83.46Occupancy:30.06%Regulation:Low
Rank:#13Market:Sveti StefanCountry:MontenegroProperties:197Monthly Revenue:$726.23Daily Rate:$149.37Occupancy:31.08%Regulation:Low
Rank:#14Market:KunjeCountry:MontenegroProperties:183Monthly Revenue:$634.81Daily Rate:$115.34Occupancy:38.28%Regulation:Low
Rank:#15Market:PržnoCountry:MontenegroProperties:147Monthly Revenue:$659.42Daily Rate:$160.34Occupancy:36.70%Regulation:Low
Rank:#16Market:RafailovićiCountry:MontenegroProperties:147Monthly Revenue:$688.43Daily Rate:$130.34Occupancy:36.85%Regulation:Low
Rank:#17Market:SutomoreCountry:MontenegroProperties:145Monthly Revenue:$223.05Daily Rate:$61.80Occupancy:31.56%Regulation:Low
Rank:#18Market:BoretiCountry:MontenegroProperties:143Monthly Revenue:$493.37Daily Rate:$111.05Occupancy:32.80%Regulation:Low
Rank:#19Market:ŠušanjCountry:MontenegroProperties:141Monthly Revenue:$409.08Daily Rate:$89.15Occupancy:36.49%Regulation:Low
Rank:#20Market:Donja LastvaCountry:MontenegroProperties:129Monthly Revenue:$817.31Daily Rate:$111.55Occupancy:38.76%Regulation:Low
Rank:#21Market:RisanCountry:MontenegroProperties:119Monthly Revenue:$618.62Daily Rate:$83.32Occupancy:41.56%Regulation:Low
Rank:#22Market:KolašinCountry:MontenegroProperties:118Monthly Revenue:$445.05Daily Rate:$92.47Occupancy:24.36%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

How is your STR performing?

Your vacation rental may be amazing, but is it better than your competition? Enjoy the best-in-class AI-powered analytics for free!

Discover Insights

All Markets in Montenegro

Bar MunicipalityBudva MunicipalityHerceg Novi MunicipalityKolašin MunicipalityKotor MunicipalityPodgorica Capital CityTivat MunicipalityUlcinj MunicipalityŽabljak Municipality