Montenegro Airbnb Performance by Area in 2026

An area figure is a starting filter, never a decision on a specific property. Even in the strongest areas the best-run listings clear far more than it, and the weakest far less. Brixfox computes per-property yield on this same calendar data so an area read like this becomes a specific, underwritable decision.

August is Montenegro’s peak. On the same listings, hosts ask 0.66 to 0.80 times their August rate for October stays and 0.78 to 0.87 times for December across the three regions, and our night-by-night archive began in July 2026, so we have not yet observed a Montenegrin winter. Underwrite on all twelve months, never on August × 12.

Brixfox tracks 1.2M+ short-term-rental listings across 50+ countries and territories. For the listings whose Airbnb calendars it reads, it keeps each night’s final booked-or-open state in a night-by-night archive that began on 22 July 2026. This post covers August 2026, the first complete month that archive covers, and the Montenegro listings we track on the Bay of Kotor, the Budva Riviera and the south coast with a full August calendar (25 or more nights observed). A listing counts as performing if it booked at least 10% of the month’s nights; occupancy and nightly rate are medians across performing listings, and estimated revenue is the median of each performing listing’s own estimate — its occupancy × its advertised nightly rate × 31 nights — which is not the two medians multiplied together and usually sits a little below that product. Nightly rates are what hosts advertise for August stays — Airbnb does not publish what a night actually sold for. A night closed on the calendar counts as booked, so some owner-blocked nights remain in the figures; calendars closed almost end to end with no detected booking are left out as unverifiable, and so are listings our data engine flags as likely owner-blocked. The October- and December-versus-August ratios compare the same listings’ advertised rates for those months (the median of each listing’s ratio). Informational, not investment advice.