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AirROI ranking · 20269 markets ranked

Best Places to Buy an Airbnb in Herceg Novi Municipality, Montenegro (2026)

Source: AirROI Reviewed by , Founder @ AirROI Updated

Markets tracked
11
Active Airbnb listings
901
Avg. revenue per listing
€7,710
Occupancy rate
38%
Avg. nightly rate
€110
Revenue change, typical market
+20%

The short answer

Herceg Novi Municipality Airbnb Market at a Glance

Across Herceg Novi Municipality, the 901 active Airbnb listings tracked by AirROI, a short-term-rental data firm, averaged €7,710 over the same period. They were booked on 38% of nights at about €110 a night; the ranking covers the 9 markets with at least 30 active listings.

The ranking weighs revenue per listing most, then occupancy and market size, then how evenly income spreads across the year and how it changed on the year. It reflects rental performance, not purchase prices or local short-term rental rules. How the ranking works.

Where the top 9 Airbnb markets in Herceg Novi Municipality are

Each dot is one of the 11 markets AirROI tracks in Herceg Novi Municipality, sized by active listings and coloured by average revenue per listing. Select a number to jump to its profile.

Where the top 9 Airbnb markets in Herceg Novi Municipality areDot map of 11 Airbnb markets. Numbered pins mark the top-ranked markets: 1 Herceg Novi, 2 Provodina, 3 Luštica, 4 Baošići, 5 Kumbor, 6 Đenovići, 7 Igalo, 8 Bijela, 9 Meljine.987654321© OpenStreetMap
Avg. revenueUnder €7.0k€7.0k+ Under 30 listings 1 Top-ranked market

Money figures on this page are in euros, converted from US dollars at €0.86 per US$, the typical rate from November 2025 to October 2026.

Top 9

The Top 9 Airbnb Markets in Herceg Novi Municipality

Each profile draws on the market's full AirROI report: how it earns, when in the year, who books and what sells. Monthly figures are averages per listing active in that month, so twelve of them add up to more than the annual average, which also counts listings that operated for only part of the year.

The top 9 Airbnb markets in Herceg Novi Municipality at a glance
#MarketAvg. revenueOccupancy
Herceg Novi Large market · Growing revenue€7,01038%
Provodina High occupancy · Growing revenue€7,65046%
Luštica High earnings · Large market€16,20037%
4 Baošići High occupancy€7,21039%
5 Kumbor High occupancy€6,42040%
6 Đenovići Growing revenue€6,96032%
7 Igalo€4,75035%
8 Bijela€4,37036%
9 Meljine€3,75032%
  1. 1. Herceg Novi

    Known for: Large market · Growing revenue

    Top-earning Airbnb listing in Herceg Novi, 7 bedrooms Top-earning Airbnb listing in Herceg Novi, 5 bedrooms Top-earning Airbnb listing in Herceg Novi, 4 bedrooms
    Top-earning Airbnb listings in Herceg Novi
    Avg. revenue
    €7,010 +25% vs. last year
    Occupancy
    38%
    Nightly rate
    €94
    Active listings
    378

    Where it places among the 9 ranked markets in Herceg Novi Municipality

    • Revenue 4th of 9
    • Occupancy 4th of 9
    • Market size 1st of 9
    • Year-round 2nd of 9
    • Growth 3rd of 8
    How it earns
    When it earns
    What sells
    Who it suits

    Revenue per listing by month

    Median listing
    €751/mo
    Top 25% of listings
    €1,310+/mo
    Booked ahead
    47 days
    Average stay
    7 nights
    Most common home size
    1 bedroom
    Superhosts
    44%
  2. 2. Provodina

    Known for: High occupancy · Growing revenue

    Top-earning Airbnb listing in Provodina, 2 bedrooms Top-earning Airbnb listing in Provodina, 2 bedrooms Top-earning Airbnb listing in Provodina, 3 bedrooms
    Top-earning Airbnb listings in Provodina
    Avg. revenue
    €7,650 +37% vs. last year
    Occupancy
    46%
    Nightly rate
    €100
    Active listings
    47

    Where it places among the 9 ranked markets in Herceg Novi Municipality

    • Revenue 2nd of 9
    • Occupancy 1st of 9
    • Market size 6th of 9
    • Year-round 8th of 9
    • Growth 1st of 8
    How it earns
    When it earns
    What sells
    Who it suits

    Revenue per listing by month

    Median listing
    €671/mo
    Top 25% of listings
    €1,250+/mo
    Booked ahead
    48 days
    Average stay
    7 nights
    Most common home size
    2 bedrooms
    Superhosts
    62%
  3. 3. Luštica

    Known for: High earnings · Large market

    Top-earning Airbnb listing in Luštica, 5 bedrooms Top-earning Airbnb listing in Luštica, 10 bedrooms Top-earning Airbnb listing in Luštica, 5 bedrooms
    Top-earning Airbnb listings in Luštica
    Avg. revenue
    €16,200 +13% vs. last year
    Occupancy
    37%
    Nightly rate
    €210
    Active listings
    90

    Where it places among the 9 ranked markets in Herceg Novi Municipality

    • Revenue 1st of 9
    • Occupancy 5th of 9
    • Market size 2nd of 9
    • Year-round 8th of 9
    • Growth 6th of 8
    How it earns
    When it earns
    What sells
    Who it suits

    Revenue per listing by month

    Median listing
    €1,310/mo
    Top 25% of listings
    €2,880+/mo
    Booked ahead
    68 days
    Average stay
    6 nights
    Most common home size
    2 bedrooms
    Superhosts
    49%
  4. 4. Baošići

    Known for: High occupancy

    Top-earning Airbnb listing in Baošići, 2 bedrooms Top-earning Airbnb listing in Baošići, 3 bedrooms Top-earning Airbnb listing in Baošići, 2 bedrooms
    Top-earning Airbnb listings in Baošići
    Avg. revenue
    €7,210 −9% vs. last year
    Occupancy
    39%
    Nightly rate
    €88
    Active listings
    36

    Where it places among the 9 ranked markets in Herceg Novi Municipality

    • Revenue 3rd of 9
    • Occupancy 3rd of 9
    • Market size 8th of 9
    • Year-round 1st of 9
    • Growth 8th of 8
    How it earns
    When it earns
    What sells
    Who it suits

    Revenue per listing by month

    Median listing
    €795/mo
    Top 25% of listings
    €1,470+/mo
    Booked ahead
    49 days
    Average stay
    6 nights
    Most common home size
    1 bedroom
    Superhosts
    50%
  5. 5. Kumbor

    Known for: High occupancy

    Top-earning Airbnb listing in Kumbor, 3 bedrooms Top-earning Airbnb listing in Kumbor, 2 bedrooms Top-earning Airbnb listing in Kumbor, 2 bedrooms
    Top-earning Airbnb listings in Kumbor
    Avg. revenue
    €6,420 +18% vs. last year
    Occupancy
    40%
    Nightly rate
    €98
    Active listings
    45

    Where it places among the 9 ranked markets in Herceg Novi Municipality

    • Revenue 6th of 9
    • Occupancy 2nd of 9
    • Market size 7th of 9
    • Year-round 3rd of 9
    • Growth 5th of 8
    How it earns
    When it earns
    Guest expectations
    What sells
    Who it suits

    Revenue per listing by month

    Median listing
    €791/mo
    Top 25% of listings
    €1,190+/mo
    Booked ahead
    44 days
    Average stay
    6 nights
    Most common home size
    1 bedroom
    Superhosts
    58%
  6. 6. Đenovići

    Known for: Growing revenue

    Top-earning Airbnb listing in Đenovići, 4 bedrooms Top-earning Airbnb listing in Đenovići, 3 bedrooms Top-earning Airbnb listing in Đenovići, 1 bedroom
    Top-earning Airbnb listings in Đenovići
    Avg. revenue
    €6,960 +27% vs. last year
    Occupancy
    32%
    Nightly rate
    €140
    Active listings
    69

    Where it places among the 9 ranked markets in Herceg Novi Municipality

    • Revenue 5th of 9
    • Occupancy 9th of 9
    • Market size 5th of 9
    • Year-round 7th of 9
    • Growth 2nd of 8
    How it earns
    When it earns
    What sells
    Who it suits

    Revenue per listing by month

    Median listing
    €818/mo
    Top 25% of listings
    €1,550+/mo
    Booked ahead
    51 days
    Average stay
    6 nights
    Most common home size
    1 bedroom
    Superhosts
    22%
  7. Top-earning Airbnb listing in Igalo, 7 bedrooms Top-earning Airbnb listing in Igalo, 2 bedrooms Top-earning Airbnb listing in Igalo, 2 bedrooms
    Top-earning Airbnb listings in Igalo
    Avg. revenue
    €4,750 +22% vs. last year
    Occupancy
    35%
    Nightly rate
    €82
    Active listings
    76

    Where it places among the 9 ranked markets in Herceg Novi Municipality

    • Revenue 7th of 9
    • Occupancy 7th of 9
    • Market size 4th of 9
    • Year-round 5th of 9
    • Growth 4th of 8
    How it earns
    When it earns
    What sells
    Who it suits

    Revenue per listing by month

    Median listing
    €564/mo
    Top 25% of listings
    €1,080+/mo
    Booked ahead
    50 days
    Average stay
    7 nights
    Most common home size
    1 bedroom
    Superhosts
    32%
  8. Top-earning Airbnb listing in Bijela, 3 bedrooms Top-earning Airbnb listing in Bijela, 4 bedrooms Top-earning Airbnb listing in Bijela, 2 bedrooms
    Top-earning Airbnb listings in Bijela
    Avg. revenue
    €4,370 −2% vs. last year
    Occupancy
    36%
    Nightly rate
    €76
    Active listings
    87

    Where it places among the 9 ranked markets in Herceg Novi Municipality

    • Revenue 8th of 9
    • Occupancy 6th of 9
    • Market size 3rd of 9
    • Year-round 3rd of 9
    • Growth 7th of 8
    How it earns
    When it earns
    What sells
    Who it suits

    Revenue per listing by month

    Median listing
    €472/mo
    Top 25% of listings
    €830+/mo
    Booked ahead
    50 days
    Average stay
    7 nights
    Most common home size
    1 bedroom
    Superhosts
    60%
  9. Top-earning Airbnb listing in Meljine, 3 bedrooms Top-earning Airbnb listing in Meljine Top-earning Airbnb listing in Meljine, 3 bedrooms
    Top-earning Airbnb listings in Meljine
    Avg. revenue
    €3,750
    Occupancy
    32%
    Nightly rate
    €74
    Active listings
    30

    Where it places among the 9 ranked markets in Herceg Novi Municipality

    • Revenue 9th of 9
    • Occupancy 8th of 9
    • Market size 9th of 9
    • Year-round 5th of 9
    • Growth No prior year
    How it earns
    When it earns
    What sells
    Who it suits

    Revenue per listing by month

    Median listing
    €436/mo
    Top 25% of listings
    €1,170+/mo
    Booked ahead
    41 days
    Average stay
    7 nights
    Most common home size
    1 bedroom
    Superhosts
    30%

Full ranking

How All 9 Ranked Markets in Herceg Novi Municipality Compare

The overall ranking with the five measures behind it. "Slow month" is a market's weakest month of revenue as a share of its best, so a higher figure means steadier income. Select a column heading to re-sort.

Top Airbnb markets in Herceg Novi Municipality, ranked by AirROI
Herceg Novi Large market, growing revenue€7,00938%€9417%+25%378
Provodina High occupancy, growing revenue€7,65146%€10010%+37%47
Luštica High earnings, large market€16,15437%€20910%+13%90
4Baošići High occupancy€7,20539%€8818%−9%36
5Kumbor High occupancy€6,41840%€9815%+18%45
6Đenovići Growing revenue€6,96132%€14212%+27%69
7Igalo€4,75335%€8213%+22%76
8Bijela€4,37036%€7615%−2%87
9Meljine€3,74732%€7413%–30

By measure

Herceg Novi Municipality Airbnb Markets Ranked by Revenue, Nightly Rate and Occupancy

The overall ranking balances five measures. These lists take one at a time, for buyers who care most about income, pricing power, bookings, a steady calendar, momentum or market size.

Highest-earning Airbnb markets in Herceg Novi Municipality

Average annual revenue per active listing over the past 12 months. Markets with at least 60 listings.

Highest-earning Airbnb markets in Herceg Novi Municipality
#MarketRevenue
Luštica #3 overall€16,200
Herceg Novi #1 overall€7,010
Đenovići #6 overall€6,960
4Igalo #7 overall€4,750
5Bijela #8 overall€4,370

Most expensive Airbnb markets in Herceg Novi Municipality by nightly rate

Average rate per booked night. A high rate earns most where occupancy holds up too. Markets with at least 60 listings.

Most expensive Airbnb markets in Herceg Novi Municipality by nightly rate
#MarketNightly
Luštica #3 overall€210
Đenovići #6 overall€140
Herceg Novi #1 overall€94
4Igalo #7 overall€82
5Bijela #8 overall€76

Highest-occupancy Airbnb markets in Herceg Novi Municipality

Share of available nights booked over the past 12 months. Markets with at least 60 listings.

Highest-occupancy Airbnb markets in Herceg Novi Municipality
#MarketOccupancy
Herceg Novi #1 overall38%
Luštica #3 overall37%
Bijela #8 overall36%
4Igalo #7 overall35%
5Đenovići #6 overall32%

Most year-round Airbnb markets in Herceg Novi Municipality

Revenue in the slowest month as a share of the best month, so a higher figure means steadier income. Markets with at least 60 listings.

Most year-round Airbnb markets in Herceg Novi Municipality
#MarketSlow month
Herceg Novi #1 overall17%
Bijela #8 overall15%
Igalo #7 overall13%
4Đenovići #6 overall12%
5Luštica #3 overall10%

Fastest-growing Airbnb markets in Herceg Novi Municipality

Change in revenue per listing from the year before, among markets where it rose. Markets with at least 60 listings.

Fastest-growing Airbnb markets in Herceg Novi Municipality
#MarketChange
Đenovići #6 overall+27%
Herceg Novi #1 overall+25%
Igalo #7 overall+22%
4Luštica #3 overall+13%

Largest Airbnb markets in Herceg Novi Municipality

Active listings. Bigger markets have more comparable rentals to price against and more buyers at resale.

Largest Airbnb markets in Herceg Novi Municipality
#MarketListings
Herceg Novi #1 overall378
Luštica #3 overall90
Bijela #8 overall87
4Igalo #7 overall76
5Đenovići #6 overall69
6Provodina #2 overall47
7Kumbor #5 overall45
8Baošići #4 overall36
9Meljine #9 overall30

Seasonality

When Airbnbs in Herceg Novi Municipality Earn the Most

August earns about 6.6 times what December does

Average revenue per listing across the 9 ranked markets in Herceg Novi Municipality, by month

Average Airbnb revenue per listing and the number of ranked markets that earn most in each month, in Herceg Novi Municipality
MonthAvg. revenue per listingBest month forHighest-ranked examples
January€404––
February€402––
March€492––
April€837––
May€1,040––
June€1,340––
July€2,3403 marketsBaošići, Đenovići, Igalo
August€2,3806 marketsHerceg Novi, Provodina, Luštica
September€1,370––
October€917––
November€585––
December€361––

Average revenue is per listing across the ranked markets, the line in the chart above. "Best month for" counts the ranked markets whose own revenue peaks in that month.

Method

How the Ranking Works

The ranking covers the 9 markets in Herceg Novi Municipality with at least 30 active Airbnb listings and data through October 2026. Each market is compared with the others on five measures, and markets are ordered by a weighted blend of where they place on each:

FAQ

Frequently Asked Questions About Airbnb Investing in Herceg Novi Municipality

What is the best place to buy an Airbnb in Herceg Novi Municipality?

Herceg Novi ranks first of the 9 markets in Herceg Novi Municipality in AirROI's ranking, with €7,010 in average revenue per listing and 38% occupancy. Provodina and Luštica follow. The ranking weighs revenue, occupancy, market size, seasonality and growth; it leaves out purchase prices.

What are the most profitable Airbnb locations in Herceg Novi Municipality?

By revenue per listing, among markets with at least 60 listings, Luštica leads at €16,200 a year, ahead of Herceg Novi at €7,010. Profit also depends on what a property costs to buy and run, which varies far more between markets than revenue does.

How much does an Airbnb make in Herceg Novi Municipality?

The average active listing in Herceg Novi Municipality earned €7,710 over the 12 months to October 2026, at 38% occupancy. Across the ranked markets, the middle half averaged between €4,750 and €7,210 per listing. Averages include listings that operated for only part of the year, so a listing rented all year typically earns more.

What is a good Airbnb occupancy rate in Herceg Novi Municipality?

The average listing in Herceg Novi Municipality was booked on 38% of available nights over the past 12 months. Half of the ranked markets fall between 35% and 39%, so a market above about 39% sits in the top quarter. Occupancy is only half the picture: a market with lower occupancy can still earn more if its nightly rates are higher.

Where is Airbnb demand highest in Herceg Novi Municipality?

Among ranked markets with at least 60 listings, Herceg Novi has the highest occupancy, with 38% of available nights booked, followed by Luštica at 37%. Its listings average about €94 a night and €7,010 a year.

Where are Airbnb nightly rates highest in Herceg Novi Municipality?

Among ranked markets with at least 60 listings, Luštica has the highest average nightly rate, about €210, followed by Đenovići at €140. Bijela is the least expensive, at about €76. The average booked night in Herceg Novi Municipality costs about €110.

What is the best month for Airbnb in Herceg Novi Municipality?

August is the highest-earning month for 6 of the 9 ranked markets, followed by July (3). January is the most common slowest month, in 4 of the 9 markets. Each market's report shows its own month-by-month revenue, occupancy and rates.

Which Airbnb markets in Herceg Novi Municipality earn the most evenly through the year?

Among ranked markets with at least 60 listings, Herceg Novi has the steadiest income: its slowest month, December, still earns about 17% of its best. Bijela follows, at 15%. Steadier markets are easier to budget for, though they do not always earn the most per listing.

Which Airbnb markets are growing fastest in Herceg Novi Municipality?

Among ranked markets with at least 60 listings, revenue per listing grew most in Đenovići, up 27% on the year before, and in Herceg Novi, up 25%. A single strong year can reflect events or new supply, so it is worth checking a market's monthly trend before relying on it.

Is Airbnb still profitable in Herceg Novi Municipality in 2026?

Revenue per listing grew in 6 of the 8 ranked markets with a comparable year of data; in the typical market it rose 20%. Whether a given property profits depends on its purchase price, financing and running costs.

How many Airbnb listings are there in Herceg Novi Municipality?

AirROI tracked 901 active Airbnb listings in Herceg Novi Municipality over the 12 months to October 2026, across 11 markets. The largest ranked market is Herceg Novi, with 378 listings, followed by Luštica with 90.

Directory

All 11 Airbnb Markets in Herceg Novi Municipality

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