Podgorica

As of June 2026, Podgorica has 505 active Airbnb and VRBO listings. This represents a 6% increase from the previous year.

The average Airbnb or VRBO in Podgorica generates €5K per year. High-performing properties earn €13K/year, while low-performing properties earn €1K/year. The substantial gap between top and bottom performers suggests that revenue is heavily concentrated in specific listings, indicating that market saturation disproportionately impacts average and low-tier inventory.

Airbnb and VRBO can be profitable in Podgorica. Average annual revenue is €5K with 24% occupancy. High-performing properties earn up to €13K/year. The 24% occupancy rate combined with the revenue spread highlights a market where only a segment of properties effectively captures consistent demand, signaling high variance in asset utilization.

The average occupancy rate for Airbnbs and VRBOs in Podgorica is 24%. This occupancy level, combined with an average nightly rate of €59, results in a RevPAR (revenue per available room) of €10 per day.

2-bedroom properties demonstrate the strongest performance in Podgorica, with annual revenue of €7K. These properties balance operating costs and rental demand most effectively in the Podgorica market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Podgorica area. Podgorica: Lenient. Tourist accommodation registration with Ministry of Tourism required, basic business registration, tax obligations. Minimal enforcement in practice. Many hosts operate informally without proper permits. Authorities focus enforcement mainly on larger properties and hotels rather than individual apartment rentals. Growing short-term rental market with limited regulatory oversight. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Podgorica Airbnb and VRBO market is currently showing balanced conditions. Supply has grown 6% year-over-year, while RevPAR has decreased 23%. This indicates balanced supply-demand dynamics. The contraction in RevPAR despite modest supply growth points to a softening demand environment where increasing inventory further dilutes existing revenue pools.

Launch around May, 2-3 months before peak summer season (August peaks). This pre-peak timing lets you build reviews when competition is -52% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (December-March) when gaining traction is harder.

The most common amenities in Podgorica listings include: Air Conditioning (96%), Kitchen (94%), Tv (93%), Washing Machine (92%), Heating (80%). Amenities that boost revenue the most include Pets Allowed, Washing Machine, Internet, with Pets Allowed properties earning approximately 34% more (€12K/year vs €9K/year).

Monthly estimated revenue per listing in Podgorica over the last 12 months: May: €351, June: €347, July: €467, August: €474, September: €385, October: €351, November: €208, December: €236, January: €312, February: €226, March: €179, April: €282. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Podgorica is €59, up 12% year-over-year. By property size: 1-bedroom properties average €53/night, 2-bedroom properties average €79/night, 3-bedroom properties average €115/night. Rates peak in January and are lowest in March.

Guests in Podgorica book an average of 19 days in advance, down 28% from last year. By property size: 1-bedroom: 17 days, 2-bedroom: 24 days, 3-bedroom: 27 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Podgorica Airbnb and VRBO market has seen the following changes: supply grew 6%, revenue per listing decreased 23%, occupancy fell 23%, average nightly rates increased 12%, and lead time decreased 28%. These metrics reveal a tightening market where hosts are raising rates to compensate for lower occupancy, potentially signaling a shift toward shorter, last-minute booking patterns.

In Podgorica, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Friday and are lowest on Monday. Weekends show 10% higher occupancy than weekdays.