Source: BNBCalc market metadata · Reviewed by Parker Place, CTO of BNBCalc.com · Data updated July 10, 2026
Best Airbnb Markets in Montenegro
Budva is the top Montenegro short-term rental market across Airbnb and Vrbo by annual revenue, with $15,631 in average annual revenue, 35% occupancy, and 3,200 active listings.
Top revenue market
Budva
$15.6K
Median annual revenue
$10.6K
Average listing revenue
Median occupancy
33%
Adjusted occupancy
Tracked markets
5
Countrywide market coverage
Top 10 Montenegro Airbnb and Vrbo Markets
#1
Budva
BNBCalc tracks Budva as a Montenegro short-term rental market with Airbnb, Vrbo, and broader rental performance context.
Revenue
$15.6K
Occupancy
35%
Listings
3,200
#2
Žabljak
BNBCalc tracks Žabljak as a Montenegro short-term rental market with Airbnb, Vrbo, and broader rental performance context.
Revenue
$11.8K
Occupancy
35%
Listings
423
#3
Ulcinj
BNBCalc tracks Ulcinj as a Montenegro short-term rental market with Airbnb, Vrbo, and broader rental performance context.
Revenue
$10.6K
Occupancy
25%
Listings
242
#4
Podgorica
BNBCalc tracks Podgorica as a Montenegro short-term rental market with Airbnb, Vrbo, and broader rental performance context.
Revenue
$7.1K
Occupancy
33%
Listings
252
#5
Sutomore
BNBCalc tracks Sutomore as a Montenegro short-term rental market with Airbnb, Vrbo, and broader rental performance context.
Revenue
$5.9K
Occupancy
25%
Listings
43
All Montenegro Short-Term Rental Markets
Every market below links to its full BNBCalc market page. Non-US country rankings use annual revenue first because gross yield requires property value metadata that is currently US-only.
Active listings are Airbnb and Vrbo listings observed as active in the selected country market metadata. Annual revenue uses ADR, adjusted occupancy, and estimated cleaning revenue when cleaning and stay data exists.
Outside the US, BNBCalc ranks country market pages by average annual revenue until property-value coverage is available for international gross yield. Annual revenue is useful for identifying demand and pricing power, but investors should still review acquisition cost, taxes, seasonality, regulations, and operating expenses before comparing returns.
Frequently Asked Questions About Montenegro Airbnb and Vrbo Markets
Budva is the top Montenegro short-term rental market for Airbnb and Vrbo investors by annual revenue in this BNBCalc dataset, with $15,631 in average annual revenue, 35% occupancy, and 3,200 active listings.
Non-US country pages are ranked by average annual revenue because gross yield requires property-value metadata that is currently strongest in the US. ADR, occupancy, and active Airbnb and Vrbo listings are shown to add demand and supply context.
Gross yield requires both revenue and property-value metadata. BNBCalc does not yet have consistent international property-value coverage, so annual revenue is the cleaner primary ranking metric for non-US country pages.
No. Annual revenue is useful for identifying demand and pricing power, but investors should still review acquisition cost, regulations, seasonality, taxes, financing, insurance, and operating expenses before comparing returns.
