AirROI ranking · 20265 markets ranked
Best Places to Buy an Airbnb in Ulcinj Municipality, Montenegro (2026)
Ulcinj - Ulqin is the best place to buy an Airbnb in Ulcinj Municipality in 2026, according to AirROI's ranking of 5 markets. Its listings averaged $4,520 in revenue over the 12 months to September 2026 and were booked on 32% of nights. It leads on the blend rather than on any one measure, placing 1st of 5 for market size, 1st of 5 for year-round demand and 1st of 4 for revenue growth. Ada Bojana and Kruče - Kërruçi come next.
- Markets tracked
- 7
- Active Airbnb listings
- 734
- Avg. revenue per listing
- $5,190
- Occupancy rate
- 33%
- Avg. nightly rate
- $110
- Avg. revenue, top 5 markets
- $6,450
The short answer
Ulcinj Municipality Airbnb Market at a Glance
Across Ulcinj Municipality, the 734 active Airbnb listings tracked by AirROI, a short-term-rental data firm, averaged $5,190 over the same period. They were booked on 33% of nights at about $110 a night; the ranking covers the 5 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 5 Airbnb markets in Ulcinj Municipality are
Each dot is one of the 7 markets AirROI tracks in Ulcinj Municipality, sized by active listings and coloured by average revenue per listing. Select a number to jump to its profile.
All money figures on this page are in US dollars.
Top 5
The Top 5 Airbnb Markets in Ulcinj 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.
| # | Market | Avg. revenue | Occupancy |
|---|---|---|---|
 Ulcinj - Ulqin Large market · Growing revenue | $4,520 | 32% | |
 Ada Bojana High earnings | $8,990 | 31% | |
 Kruče - Kërruçi High occupancy | $7,570 | 39% | |
| 4 |  Gornji Štoj - Shtoji i Epërm High earnings | $8,100 | 30% |
| 5 |  Donji Štoj - Shtoji i Poshtëm | $3,070 | 29% |
1. Ulcinj - Ulqin
Known for: Large market · Growing revenue
Top-earning Airbnb listings in Ulcinj - Ulqin - Avg. revenue
- $4,520 +15% vs. last year
- Occupancy
- 32%
- Nightly rate
- $90
- Active listings
- 352
Where it places among the 5 ranked markets in Ulcinj Municipality
- Revenue 4th of 5
- Occupancy 2nd of 5
- Market size 1st of 5
- Year-round 1st of 5
- Growth 1st of 4
- How it earns
- Ulcinj - Ulqin is Ulcinj Municipality's largest Airbnb market, with 352 active listings to price against. Listings averaged $4,520 in revenue over the year, the fourth-highest of the 5 ranked markets. The gap between listings is wide: a typical one takes in about $546 a month, while the top quarter clear $1,120 and the top 10% $1,950, so pricing and presentation count for more here than in most of Ulcinj Municipality. Revenue per listing rose 15% over the year, the biggest gain in Ulcinj Municipality, helped by nightly rates 9% higher.
- When it earns
- Ulcinj - Ulqin's season runs from June to September, peaking in August at about $1,540 per listing; January, the quietest month, brings in about $402.
- What sells
- The most common entire home has 1 bedroom (47% of entire homes), and apartments and condos make up 61% of supply.
- Who books
- Nearly all guests come from abroad, led by visitors from Germany, France and the United Kingdom.
- Who it suits
- It suits buyers who can carry costs through a quiet January.
Revenue per listing by month
$1,540 $402- Median listing
- $546/mo
- Top 25% of listings
- $1,120+/mo
- Booked ahead
- 49 days
- Average stay
- 6 nights
- Most common home size
- 1 bedroom
- Superhosts
- 40%
Areas in the full report: Old Town Ulcinj · Long Beach · Velika Plaza
Full Ulcinj - Ulqin Airbnb report2. Ada Bojana
Known for: High earnings
Top-earning Airbnb listings in Ada Bojana - Avg. revenue
- $8,990
- Occupancy
- 31%
- Nightly rate
- $190
- Active listings
- 32
Where it places among the 5 ranked markets in Ulcinj Municipality
- Revenue 1st of 5
- Occupancy 3rd of 5
- Market size 5th of 5
- Year-round 2nd of 5
- Growth No prior year
- How it earns
- Ada Bojana earns on price: guests pay about $190 a night, 76% above the Ulcinj Municipality average. Listings averaged $8,990 in revenue over the year, the highest of the 5 ranked markets. A typical listing takes in about $1,350 a month; the top quarter clear $2,500 or more. With 32 listings it is a small market, so its averages can move more from year to year.
- When it earns
- Revenue in Ada Bojana concentrates from June to October: August earns about $3,570 per listing, about 4.1 times as much as April.
- What sells
- Two-bedroom homes lead the market (60% of entire homes), and houses make up 53% of supply.
- Who it suits
- Best for buyers who can ride out a slow April and can furnish and price for a premium stay.
Revenue per listing by month
$3,570 $865- Median listing
- $1,350/mo
- Top 25% of listings
- $2,500+/mo
- Booked ahead
- 51 days
- Average stay
- 5 nights
- Most common home size
- 2 bedrooms
- Superhosts
- 22%
3. Kruče - Kërruçi
Known for: High occupancy
Top-earning Airbnb listings in Kruče - Kërruçi - Avg. revenue
- $7,570 −4% vs. last year
- Occupancy
- 39%
- Nightly rate
- $140
- Active listings
- 37
Where it places among the 5 ranked markets in Ulcinj Municipality
- Revenue 3rd of 5
- Occupancy 1st of 5
- Market size 4th of 5
- Year-round 4th of 5
- Growth 2nd of 4
- How it earns
- Kruče - Kërruçi fills more nights than any other ranked market in Ulcinj Municipality: 39% of them, at about $140 a night. Average revenue per listing came to $7,570, the third-highest of the 5 ranked markets. Its place at #3 rests on occupancy (1st of 5) rather than on revenue per listing. In a typical month the median listing brings in about $1,110, and the best quarter clear $1,890. Its 37 listings make it one of the smaller ranked markets, so its figures are less settled than those of larger ones.
- When it earns
- In Kruče - Kërruçi, the months from June to September earn above the yearly average, led by August at about $3,070 per listing; March is the low point at about $434. Guests plan ahead and stay a while: they book about 77 days out and stay about 8 nights, both well above the typical market in Ulcinj Municipality.
- Who books
- Nearly all guests come from abroad, led by visitors from Germany, France and the United Kingdom.
- What sells
- The most common entire home has 1 bedroom (36% of entire homes), and apartments and condos make up 54% of supply.
- Who it suits
- A good fit for buyers who are prepared for thin bookings around March.
Revenue per listing by month
$3,070 $434- Median listing
- $1,110/mo
- Top 25% of listings
- $1,890+/mo
- Booked ahead
- 77 days
- Average stay
- 8 nights
- Most common home size
- 1 bedroom
- Superhosts
- 30%
4. Gornji Štoj - Shtoji i Epërm
Known for: High earnings
Top-earning Airbnb listings in Gornji Štoj - Shtoji i Epërm - Avg. revenue
- $8,100 −4% vs. last year
- Occupancy
- 30%
- Nightly rate
- $160
- Active listings
- 76
Where it places among the 5 ranked markets in Ulcinj Municipality
- Revenue 2nd of 5
- Occupancy 4th of 5
- Market size 2nd of 5
- Year-round 5th of 5
- Growth 3rd of 4
- How it earns
- Nightly rates set Gornji Štoj - Shtoji i Epërm apart: about $160, 47% above the Ulcinj Municipality average. That adds up to $8,100 per listing over the year, the second-highest of the 5 ranked markets. Month to month, the median listing earns about $1,070 and a top-quarter listing $1,810 or more. With 76 listings it is a small market, so its averages can move more from year to year.
- When it earns
- Gornji Štoj - Shtoji i Epërm's season runs from June to September, peaking in August at about $3,710 per listing; December, the quietest month, brings in about $392. Stays are shorter than in most of Ulcinj Municipality, about 5 nights, so listings turn over often; guests book about 49 days ahead.
- What sells
- One-bedroom homes lead the market (38% of entire homes), and houses make up 51% of supply.
- Who it suits
- It suits buyers who can carry costs through a quiet December and can furnish and price for a premium stay.
Revenue per listing by month
$3,710 $392- Median listing
- $1,070/mo
- Top 25% of listings
- $1,810+/mo
- Booked ahead
- 49 days
- Average stay
- 5 nights
- Most common home size
- 1 bedroom
- Superhosts
- 37%
Top-earning Airbnb listings in Donji Štoj - Shtoji i Poshtëm - Avg. revenue
- $3,070 −13% vs. last year
- Occupancy
- 29%
- Nightly rate
- $100
- Active listings
- 54
Where it places among the 5 ranked markets in Ulcinj Municipality
- Revenue 5th of 5
- Occupancy 5th of 5
- Market size 3rd of 5
- Year-round 3rd of 5
- Growth 4th of 4
- How it earns
- Donji Štoj - Shtoji i Poshtëm is Ulcinj Municipality's third-largest Airbnb market, with 54 active listings to price against. Listings averaged $3,070 in revenue over the year, the fifth-highest of the 5 ranked markets. A typical listing takes in about $584 a month; the top quarter clear $925 or more. Revenue per listing fell 13% over the year even with rates 25% higher, as bookings softened. Its 54 listings make it one of the smaller ranked markets, so its figures are less settled than those of larger ones.
- When it earns
- Revenue in Donji Štoj - Shtoji i Poshtëm concentrates from May to September: July earns about $1,340 per listing, about 4.5 times as much as January.
- What sells
- Smaller places set the market: only 4% of entire homes have three or more bedrooms, against about 20% in the typical market in Ulcinj Municipality; apartments and condos make up 57% of supply.
- Who it suits
- Best for buyers who can ride out a slow January and prefer a smaller one- or two-bedroom place.
Revenue per listing by month
$1,340 $297- Median listing
- $584/mo
- Top 25% of listings
- $925+/mo
- Booked ahead
- 42 days
- Average stay
- 6 nights
- Most common home size
- 1 bedroom
- Superhosts
- 20%
Full ranking
How All 5 Ranked Markets in Ulcinj 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.
| Ulcinj - Ulqin Large market, growing revenue | $4,519 | 32% | $90 | 26% | +15% | 352 | |
| Ada Bojana High earnings | $8,986 | 31% | $189 | 24% | – | 32 | |
| Kruče - Kërruçi High occupancy | $7,571 | 39% | $139 | 14% | −4% | 37 | |
| 4 | Gornji Štoj - Shtoji i Epërm High earnings | $8,102 | 30% | $159 | 11% | −4% | 76 |
| 5 | Donji Štoj - Shtoji i Poshtëm | $3,072 | 29% | $100 | 22% | −13% | 54 |
By measure
Ulcinj 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.
Largest Airbnb markets in Ulcinj Municipality
Active listings. Bigger markets have more comparable rentals to price against and more buyers at resale.
| # | Market | Listings |
|---|---|---|
| Ulcinj - Ulqin #1 overall | 352 | |
| Gornji Štoj - Shtoji i Epërm #4 overall | 76 | |
| Donji Štoj - Shtoji i Poshtëm #5 overall | 54 | |
| 4 | Kruče - Kërruçi #3 overall | 37 |
| 5 | Ada Bojana #2 overall | 32 |
Seasonality
When Airbnbs in Ulcinj Municipality Earn the Most
August is the best month for about eight in ten ranked markets in Ulcinj Municipality. January is the most common slowest month, in 2 markets.
August earns about 4.2 times what December does
Average revenue per listing across the 5 ranked markets in Ulcinj Municipality, by month
| Month | Avg. revenue per listing | Best month for | Highest-ranked examples |
|---|---|---|---|
| January | $563 | – | – |
| February | $502 | – | – |
| March | $780 | – | – |
| April | $622 | – | – |
| May | $820 | – | – |
| June | $1,210 | – | – |
| July | $1,870 | 1 market | Donji Štoj - Shtoji i Poshtëm |
| August | $2,030 | 4 markets | Ulcinj - Ulqin, Ada Bojana, Kruče - Kërruçi |
| September | $1,150 | – | – |
| October | $894 | – | – |
| November | $756 | – | – |
| December | $486 | – | – |
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 5 markets in Ulcinj Municipality with at least 30 active Airbnb listings and data through September 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:
- Revenue per listing (35%): average revenue an active listing earned over the past 12 months.
- Occupancy (20%): share of available nights that were booked.
- Market size (20%): active listings. Bigger markets offer more comparable rentals to price against and more buyers when you sell.
- Year-round demand (15%): revenue in the slowest month as a share of the best month. The latest month is left out when its bookings look incomplete.
- Growth (10%): change in revenue per listing from the year before. Markets whose boundaries changed between years are scored in the middle.
Left out: 1 market whose data predates the latest refresh and one town listed a second time under another spelling. The score measures how rentals perform. It does not include purchase prices, financing, operating costs or local short-term rental rules, which vary by address and should be checked before buying. Figures are in US dollars and match each market's own report; see the data methodology for how listings are tracked.
To check one property before buying, run its address and size through the Airbnb profit calculator for a revenue, occupancy and nightly-rate range from comparable listings.
FAQ
Frequently Asked Questions About Airbnb Investing in Ulcinj Municipality
What is the best place to buy an Airbnb in Ulcinj Municipality?
Ulcinj - Ulqin ranks first of the 5 markets in Ulcinj Municipality in AirROI's ranking, with US$4,520 in average revenue per listing and 32% occupancy. Ada Bojana and Kruče - Kërruçi follow. The ranking weighs revenue, occupancy, market size, seasonality and growth; it leaves out purchase prices.
What are the most profitable Airbnb locations in Ulcinj Municipality?
By revenue per listing, among markets with at least 60 listings, Gornji Štoj - Shtoji i Epërm leads at US$8,100 a year, ahead of Ulcinj - Ulqin at US$4,520. 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 Ulcinj Municipality?
The average active listing in Ulcinj Municipality earned US$5,190 over the 12 months to September 2026, at 33% occupancy. Averages include listings that operated for only part of the year, so a listing rented all year typically earns more.
Where is Airbnb demand highest in Ulcinj Municipality?
Among ranked markets with at least 60 listings, Ulcinj - Ulqin has the highest occupancy, with 32% of available nights booked, followed by Gornji Štoj - Shtoji i Epërm at 30%. Its listings average about US$90 a night and US$4,520 a year.
Where are Airbnb nightly rates highest in Ulcinj Municipality?
Among ranked markets with at least 60 listings, Gornji Štoj - Shtoji i Epërm has the highest average nightly rate, about US$160, followed by Ulcinj - Ulqin at US$90. Ulcinj - Ulqin is the least expensive, at about US$90. The average booked night in Ulcinj Municipality costs about US$110.
What is the best month for Airbnb in Ulcinj Municipality?
August is the highest-earning month for 4 of the 5 ranked markets, followed by July (1). January is the most common slowest month, in 2 of the 5 markets. Each market's report shows its own month-by-month revenue, occupancy and rates.
Which Airbnb markets in Ulcinj Municipality earn the most evenly through the year?
Among ranked markets with at least 60 listings, Ulcinj - Ulqin has the steadiest income: its slowest month, January, still earns about a quarter of its best. Gornji Štoj - Shtoji i Epërm follows, at 11%. Steadier markets are easier to budget for, though they do not always earn the most per listing.
Which Airbnb markets are growing fastest in Ulcinj Municipality?
Among ranked markets with at least 60 listings, revenue per listing grew most in Ulcinj - Ulqin, up 15% on the year before. A single strong year can reflect events or new supply, so it is worth checking a market's monthly trend before relying on it.
How many Airbnb listings are there in Ulcinj Municipality?
AirROI tracked 734 active Airbnb listings in Ulcinj Municipality over the 12 months to September 2026, across 7 markets. The largest ranked market is Ulcinj - Ulqin, with 352 listings, followed by Gornji Štoj - Shtoji i Epërm with 76.
Directory
All 7 Airbnb Markets in Ulcinj Municipality
Every Ulcinj Municipality city with an AirROI Airbnb market report, A–Z, with its active listing count.
A
- Ada Bojana 32 listings
D
- Donji Štoj - Shtoji i Poshtëm 54 listings
G
- Gornji Štoj - Shtoji i Epërm 76 listings
K
- Kruče - Kërruçi 37 listings
L
- Long Beach 36 listings
U
- Ulcinj 147 listings
- Ulcinj - Ulqin 352 listings