Gross rental yields in Montenegro: Podgorica and 2 other cities
The average gross rental yield in Montenegro stands at 5.62% (Q2, 2025). Previously, in Q3 2024, the rental yield was 5.61%.
Cities and areas compared
- Podgorica
- Tivat
- Budva
Historical rental yields in Montenegro
View the full rental yield dataset (2022 - Present)
Last Updated: June 12, 2025 Next Update: December 2025 |
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PODGORICA - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Podgorica (all locations) | |||
Studio | €60,000 | €345 | 6.90% |
1-Bedroom | €92,850 | €500 | 6.46% |
2-Bedroom | €137,000 | €700 | 6.13% |
3-Bedroom | €198,000 | €1,000 | 6.06% |
Podgorica avg. Rental Yields | 6.39% | ||
TIVAT - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Tivat (all locations) | |||
1-Bedroom | €199,600 | €775 | 4.66% |
2-Bedroom | €270,000 | €1,000 | 4.44% |
3-Bedroom | €424,500 | €1,700 | 4.81% |
Tivat avg. Rental Yields | 4.64% | ||
BUDVA - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Budva (all locations) | |||
Studio | €80,018 | €450 | 6.75% |
1-Bedroom | €135,000 | €650 | 5.78% |
2-Bedroom | €219,900 | €1,000 | 5.46% |
3-Bedroom | €300,000 | €1,350 | 5.40% |
Budva avg. Rental Yields | 5.85% | ||
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents' fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide and Indomio |