What Are the Best Places to Invest in Airbnb in Belgium?

Source: AirROI Reviewed by Jun Zhou , Founder @ AirROI

Updated: 2026-07-06

The short-term rental market in Belgium spans 100 cities tracked in AirROI's 2026 dataset, ranging from mature urban markets with thousands of active listings to emerging destinations where early operators still have pricing leverage. Supply growth, regulation, and seasonal demand vary significantly across the region — making market selection one of the highest-leverage decisions an Airbnb investor can make.

This page ranks the best Airbnb markets in Belgium across four dimensions: market depth (active listings), revenue, nightly rate (ADR), and occupancy rate. Antwerp, Antwerp leads by market size with 2,087 active listings and $1,417/month revenue. Across all ranked markets, average occupancy is 40.2% with $1,851/month in average revenue and $221/night ADR. 100 of 100 markets carry a low regulation profile — a key consideration for investors evaluating compliance costs and time-to-market.

Rankings based on AirROI's analysis of 20,000,000+ short-term rental listings across revenue, ADR, occupancy, and regulation. See ranking methodology.

Explore Live Market Data

Top Airbnb Markets in Belgium by Active Listings

Active listing count is the most direct measure of a market's depth, maturity, and investor confidence. Cities with the most Airbnb listings in Belgium attract the highest volume of travelers and offer the most reliable benchmarking data for pricing and revenue projections. Antwerp, Antwerp leads with 2,087 active short-term rental listings and $1,417/month in average revenue.

#	Market	Active Listings (TTM)	Revenue/mo	ADR	Occupancy	Regulation
1	Antwerp, Antwerp	2,087	$1,417	$166	40.6%	Low
2	Brussels, Brussels-Capital	1,420	$1,863	$167	49.7%	Low
3	Ostend, West Flanders	1,243	$1,533	$199	36.7%	Low
4	Ghent, East Flanders	1,123	$1,887	$171	48.3%	Low
5	Bruges, West Flanders	923	$2,432	$214	45.2%	Low
6	Liège, Liège	846	$945	$122	38.6%	Low
7	Koksijde, West Flanders	842	$1,724	$215	37.5%	Low
8	Knokke-Heist, West Flanders	755	$1,970	$274	35.2%	Low
9	Middelkerke, West Flanders	505	$1,413	$178	38.1%	Low
10	Ixelles - Elsene, Brussels-Capital	434	$1,658	$153	48.7%	Low
11	Durbuy, Luxembourg	434	$2,358	$271	35.6%	Low
12	Blankenberge, West Flanders	402	$1,507	$201	35.6%	Low
13	Nieuwpoort, West Flanders	382	$1,487	$210	33.8%	Low
14	De Panne, West Flanders	354	$1,597	$195	38.1%	Low
15	Namur, Namur	332	$1,407	$142	41.9%	Low
16	Saint-Gilles - Sint-Gillis, Brussels-Capital	312	$1,436	$135	48.0%	Low
17	Charleroi, Hainaut	307	$635	$95	36.5%	Low
18	Anderlecht, Brussels-Capital	283	$1,324	$137	44.9%	Low
19	Klemskerke, West Flanders	282	$1,583	$198	37.3%	Low
20	Etterbeek, Brussels-Capital	243	$1,361	$128	47.0%	Low
21	Schaerbeek - Schaarbeek, Brussels-Capital	238	$1,240	$126	45.0%	Low
22	Malmedy, Liège	232	$2,728	$325	36.5%	Low
23	Bredene, West Flanders	231	$1,078	$168	32.5%	Low
24	Mons, Hainaut	213	$1,015	$123	42.7%	Low
25	Leuven, Flemish Brabant	209	$1,167	$123	45.6%	Low
26	Stavelot, Liège	178	$2,367	$325	36.3%	Low
27	Lanaken, Limburg	174	$2,251	$178	50.2%	Low
28	Spa, Liège	158	$2,247	$270	37.1%	Low
29	Forest - Vorst, Brussels-Capital	155	$1,136	$124	44.9%	Low
30	Elsene, Brussels	151	$879	$145	41.7%	Low
31	Uccle - Ukkel, Brussels-Capital	147	$1,309	$168	41.4%	Low
32	Hasselt, Limburg	145	$1,400	$184	38.7%	Low
33	Saint-Josse-ten-Noode - Sint-Joost-ten-Node, Brussels-Capital	143	$1,472	$137	49.0%	Low
34	Molenbeek-Saint-Jean - Sint-Jans-Molenbeek, Brussels-Capital	138	$1,323	$157	43.6%	Low
35	Jalhay, Liège	138	$1,675	$236	37.0%	Low
36	Houffalize, Luxembourg	137	$3,031	$328	36.6%	Low
37	Dinant, Namur	136	$2,241	$205	42.6%	Low
38	Mechelen, Antwerp	135	$1,478	$168	41.8%	Low
39	Tournai, Hainaut	129	$1,357	$184	34.0%	Low
40	Vielsalm, Luxembourg	119	$2,481	$315	36.9%	Low
41	De Haan, Vlaams Gewest	116	$1,205	$201	34.2%	Low
42	Ypres, West Flanders	114	$2,389	$285	35.9%	Low
43	Bouillon, Luxembourg	111	$1,952	$233	33.4%	Low
44	Sint-Gillis, Brussels	109	$1,061	$124	51.3%	Low
45	La Roche-en-Ardenne, Luxembourg	108	$2,300	$272	37.0%	Low
46	Kortrijk, West Flanders	106	$1,635	$172	43.7%	Low
47	Theux, Liège	103	$1,893	$245	38.0%	Low
48	Vresse-sur-Semois, Namur	100	$1,634	$195	38.2%	Low
49	Boom, Antwerp	98	$1,506	$804	34.2%	Low
50	Verviers, Liège	94	$1,632	$204	36.5%	Low
51	Aywaille, Liège	93	$2,104	$222	43.4%	Low
52	Profondeville, Namur	93	$2,112	$221	42.2%	Low
53	Érezée, Luxembourg	90	$3,312	$342	41.7%	Low
54	Stoumont, Liège	87	$3,357	$332	42.5%	Low
55	Wenduine, West Flanders	81	$2,107	$198	46.8%	Low
56	Marche-en-Famenne, Luxembourg	77	$2,006	$223	36.0%	Low
57	Bastogne, Luxembourg	75	$2,903	$248	38.5%	Low
58	Laeken - Laken, Brussels-Capital	72	$1,052	$119	40.5%	Low
59	Yvoir, Namur	69	$1,997	$236	39.5%	Low
60	Woluwe-Saint-Lambert - Sint-Lambrechts-Woluwe, Brussels-Capital	68	$1,586	$128	52.2%	Low
61	Heuvelland, West Flanders	68	$2,985	$374	33.1%	Low
62	Vlissegem, West Flanders	65	$1,861	$244	39.6%	Low
63	Huy, Liège	63	$1,835	$187	38.7%	Low
64	Couvin, Namur	63	$2,422	$272	36.0%	Low
65	Waterloo, Walloon Brabant	63	$1,382	$148	42.1%	Low
66	Wavre, Walloon Brabant	63	$1,509	$161	46.9%	Low
67	Jette, Brussels-Capital	62	$1,052	$127	43.8%	Low
68	Robertville, Liège	62	$1,761	$281	34.3%	Low
69	Damme, West Flanders	62	$2,932	$291	41.4%	Low
70	Riemst, Limburg	61	$3,276	$259	43.7%	Low
71	Comines-Warneton, Hainaut	60	$1,941	$261	38.2%	Low
72	Ciney, Namur	60	$2,322	$261	38.2%	Low
73	Froidchapelle, Hainaut	59	$1,158	$195	29.2%	Low
74	Esneux, Liège	59	$2,101	$214	44.8%	Low
75	Koekelberg, Brussels-Capital	58	$1,075	$112	46.7%	Low
76	Lierneux, Liège	58	$2,593	$245	40.7%	Low
77	Trois-Ponts, Liège	58	$2,282	$269	35.5%	Low
78	Ottignies-Louvain-la-Neuve, Walloon Brabant	58	$1,222	$137	42.0%	Low
79	Rumst, Antwerp	57	$1,047	$433	46.8%	Low
80	Plombières, Liège	57	$1,732	$225	36.2%	Low
81	Houyet, Namur	57	$2,951	$288	42.5%	Low
82	Saint-Gilles, Brussels	56	$2,006	$143	59.5%	Low
83	Manhay, Luxembourg	56	$2,998	$340	35.7%	Low
84	Poperinge, West Flanders	56	$2,714	$302	33.8%	Low
85	Oudenaarde, East Flanders	55	$2,383	$291	38.7%	Low
86	Ath, Hainaut	55	$1,553	$130	50.0%	Low
87	Zutendaal, Limburg	55	$1,632	$196	41.8%	Low
88	Waimes, Liège	55	$2,550	$379	31.4%	Low
89	Diksmuide, West Flanders	55	$3,093	$324	36.9%	Low
90	Zaventem, Flemish Brabant	54	$1,138	$144	38.8%	Low
91	Florenville, Luxembourg	53	$1,671	$208	34.4%	Low
92	Overijse, Flemish Brabant	52	$1,227	$144	43.9%	Low
93	Saint Vith, Liège	52	$1,421	$202	40.2%	Low
94	Gouvy, Luxembourg	52	$2,515	$315	37.7%	Low
95	Evere, Brussels-Capital	51	$869	$129	40.3%	Low
96	Libin, Luxembourg	50	$2,399	$268	37.2%	Low
97	Gedinne, Namur	50	$2,223	$268	33.4%	Low
98	Gesves, Namur	50	$2,101	$293	35.0%	Low
99	Deinze, East Flanders	49	$2,124	$203	39.8%	Low
100	Herve, Liège	49	$1,877	$233	38.9%	Low

Most Profitable Airbnb Markets in Belgium by Revenue

The most profitable Airbnb cities in Belgium are those where hosts earn the highest average monthly revenue per listing — the single most telling indicator of a market's income potential. Stoumont, Liège leads with $3,357/month at $332 ADR and 42.5% occupancy. Whether you are evaluating your first STR investment or benchmarking an existing property, these top-earning Airbnb markets show where vacation rentals generate the greatest short-term rental income.

#	Market	Revenue/mo	Active Listings (TTM)	ADR	Occupancy	Regulation
1	Stoumont, Liège	$3,357	87	$332	42.5%	Low
2	Érezée, Luxembourg	$3,312	90	$342	41.7%	Low
3	Riemst, Limburg	$3,276	61	$259	43.7%	Low
4	Diksmuide, West Flanders	$3,093	55	$324	36.9%	Low
5	Houffalize, Luxembourg	$3,031	137	$328	36.6%	Low
6	Manhay, Luxembourg	$2,998	56	$340	35.7%	Low
7	Heuvelland, West Flanders	$2,985	68	$374	33.1%	Low
8	Houyet, Namur	$2,951	57	$288	42.5%	Low
9	Damme, West Flanders	$2,932	62	$291	41.4%	Low
10	Bastogne, Luxembourg	$2,903	75	$248	38.5%	Low
11	Malmedy, Liège	$2,728	232	$325	36.5%	Low
12	Poperinge, West Flanders	$2,714	56	$302	33.8%	Low
13	Lierneux, Liège	$2,593	58	$245	40.7%	Low
14	Waimes, Liège	$2,550	55	$379	31.4%	Low
15	Gouvy, Luxembourg	$2,515	52	$315	37.7%	Low
16	Vielsalm, Luxembourg	$2,481	119	$315	36.9%	Low
17	Bruges, West Flanders	$2,432	923	$214	45.2%	Low
18	Couvin, Namur	$2,422	63	$272	36.0%	Low
19	Libin, Luxembourg	$2,399	50	$268	37.2%	Low
20	Ypres, West Flanders	$2,389	114	$285	35.9%	Low
21	Oudenaarde, East Flanders	$2,383	55	$291	38.7%	Low
22	Stavelot, Liège	$2,367	178	$325	36.3%	Low
23	Durbuy, Luxembourg	$2,358	434	$271	35.6%	Low
24	Ciney, Namur	$2,322	60	$261	38.2%	Low
25	La Roche-en-Ardenne, Luxembourg	$2,300	108	$272	37.0%	Low
26	Trois-Ponts, Liège	$2,282	58	$269	35.5%	Low
27	Lanaken, Limburg	$2,251	174	$178	50.2%	Low
28	Spa, Liège	$2,247	158	$270	37.1%	Low
29	Dinant, Namur	$2,241	136	$205	42.6%	Low
30	Gedinne, Namur	$2,223	50	$268	33.4%	Low
31	Deinze, East Flanders	$2,124	49	$203	39.8%	Low
32	Profondeville, Namur	$2,112	93	$221	42.2%	Low
33	Wenduine, West Flanders	$2,107	81	$198	46.8%	Low
34	Aywaille, Liège	$2,104	93	$222	43.4%	Low
35	Gesves, Namur	$2,101	50	$293	35.0%	Low
36	Esneux, Liège	$2,101	59	$214	44.8%	Low
37	Marche-en-Famenne, Luxembourg	$2,006	77	$223	36.0%	Low
38	Saint-Gilles, Brussels	$2,006	56	$143	59.5%	Low
39	Yvoir, Namur	$1,997	69	$236	39.5%	Low
40	Knokke-Heist, West Flanders	$1,970	755	$274	35.2%	Low
41	Bouillon, Luxembourg	$1,952	111	$233	33.4%	Low
42	Comines-Warneton, Hainaut	$1,941	60	$261	38.2%	Low
43	Theux, Liège	$1,893	103	$245	38.0%	Low
44	Ghent, East Flanders	$1,887	1,123	$171	48.3%	Low
45	Herve, Liège	$1,877	49	$233	38.9%	Low
46	Brussels, Brussels-Capital	$1,863	1,420	$167	49.7%	Low
47	Vlissegem, West Flanders	$1,861	65	$244	39.6%	Low
48	Huy, Liège	$1,835	63	$187	38.7%	Low
49	Robertville, Liège	$1,761	62	$281	34.3%	Low
50	Plombières, Liège	$1,732	57	$225	36.2%	Low
51	Koksijde, West Flanders	$1,724	842	$215	37.5%	Low
52	Jalhay, Liège	$1,675	138	$236	37.0%	Low
53	Florenville, Luxembourg	$1,671	53	$208	34.4%	Low
54	Ixelles - Elsene, Brussels-Capital	$1,658	434	$153	48.7%	Low
55	Kortrijk, West Flanders	$1,635	106	$172	43.7%	Low
56	Vresse-sur-Semois, Namur	$1,634	100	$195	38.2%	Low
57	Verviers, Liège	$1,632	94	$204	36.5%	Low
58	Zutendaal, Limburg	$1,632	55	$196	41.8%	Low
59	De Panne, West Flanders	$1,597	354	$195	38.1%	Low
60	Woluwe-Saint-Lambert - Sint-Lambrechts-Woluwe, Brussels-Capital	$1,586	68	$128	52.2%	Low
61	Klemskerke, West Flanders	$1,583	282	$198	37.3%	Low
62	Ath, Hainaut	$1,553	55	$130	50.0%	Low
63	Ostend, West Flanders	$1,533	1,243	$199	36.7%	Low
64	Wavre, Walloon Brabant	$1,509	63	$161	46.9%	Low
65	Blankenberge, West Flanders	$1,507	402	$201	35.6%	Low
66	Boom, Antwerp	$1,506	98	$804	34.2%	Low
67	Nieuwpoort, West Flanders	$1,487	382	$210	33.8%	Low
68	Mechelen, Antwerp	$1,478	135	$168	41.8%	Low
69	Saint-Josse-ten-Noode - Sint-Joost-ten-Node, Brussels-Capital	$1,472	143	$137	49.0%	Low
70	Saint-Gilles - Sint-Gillis, Brussels-Capital	$1,436	312	$135	48.0%	Low
71	Saint Vith, Liège	$1,421	52	$202	40.2%	Low
72	Antwerp, Antwerp	$1,417	2,087	$166	40.6%	Low
73	Middelkerke, West Flanders	$1,413	505	$178	38.1%	Low
74	Namur, Namur	$1,407	332	$142	41.9%	Low
75	Hasselt, Limburg	$1,400	145	$184	38.7%	Low
76	Waterloo, Walloon Brabant	$1,382	63	$148	42.1%	Low
77	Etterbeek, Brussels-Capital	$1,361	243	$128	47.0%	Low
78	Tournai, Hainaut	$1,357	129	$184	34.0%	Low
79	Anderlecht, Brussels-Capital	$1,324	283	$137	44.9%	Low
80	Molenbeek-Saint-Jean - Sint-Jans-Molenbeek, Brussels-Capital	$1,323	138	$157	43.6%	Low
81	Uccle - Ukkel, Brussels-Capital	$1,309	147	$168	41.4%	Low
82	Schaerbeek - Schaarbeek, Brussels-Capital	$1,240	238	$126	45.0%	Low
83	Overijse, Flemish Brabant	$1,227	52	$144	43.9%	Low
84	Ottignies-Louvain-la-Neuve, Walloon Brabant	$1,222	58	$137	42.0%	Low
85	De Haan, Vlaams Gewest	$1,205	116	$201	34.2%	Low
86	Leuven, Flemish Brabant	$1,167	209	$123	45.6%	Low
87	Froidchapelle, Hainaut	$1,158	59	$195	29.2%	Low
88	Zaventem, Flemish Brabant	$1,138	54	$144	38.8%	Low
89	Forest - Vorst, Brussels-Capital	$1,136	155	$124	44.9%	Low
90	Bredene, West Flanders	$1,078	231	$168	32.5%	Low
91	Koekelberg, Brussels-Capital	$1,075	58	$112	46.7%	Low
92	Sint-Gillis, Brussels	$1,061	109	$124	51.3%	Low
93	Laeken - Laken, Brussels-Capital	$1,052	72	$119	40.5%	Low
94	Jette, Brussels-Capital	$1,052	62	$127	43.8%	Low
95	Rumst, Antwerp	$1,047	57	$433	46.8%	Low
96	Mons, Hainaut	$1,015	213	$123	42.7%	Low
97	Liège, Liège	$945	846	$122	38.6%	Low
98	Elsene, Brussels	$879	151	$145	41.7%	Low
99	Evere, Brussels-Capital	$869	51	$129	40.3%	Low
100	Charleroi, Hainaut	$635	307	$95	36.5%	Low

Most Expensive Airbnb Markets in Belgium by Nightly Rate

The average daily rate (ADR) measures how much guests pay per night in each market, making it the clearest indicator of a city's short-term rental pricing power. Boom, Antwerp commands the highest Airbnb nightly rate in Belgium at $804/night, generating $1,506/month at 34.2% occupancy. Markets with premium nightly pricing typically feature high-demand destinations where travelers pay a significant premium over hotel alternatives.

#	Market	ADR	Active Listings (TTM)	Revenue/mo	Occupancy	Regulation
1	Boom, Antwerp	$804	98	$1,506	34.2%	Low
2	Rumst, Antwerp	$433	57	$1,047	46.8%	Low
3	Waimes, Liège	$379	55	$2,550	31.4%	Low
4	Heuvelland, West Flanders	$374	68	$2,985	33.1%	Low
5	Érezée, Luxembourg	$342	90	$3,312	41.7%	Low
6	Manhay, Luxembourg	$340	56	$2,998	35.7%	Low
7	Stoumont, Liège	$332	87	$3,357	42.5%	Low
8	Houffalize, Luxembourg	$328	137	$3,031	36.6%	Low
9	Malmedy, Liège	$325	232	$2,728	36.5%	Low
10	Stavelot, Liège	$325	178	$2,367	36.3%	Low
11	Diksmuide, West Flanders	$324	55	$3,093	36.9%	Low
12	Vielsalm, Luxembourg	$315	119	$2,481	36.9%	Low
13	Gouvy, Luxembourg	$315	52	$2,515	37.7%	Low
14	Poperinge, West Flanders	$302	56	$2,714	33.8%	Low
15	Gesves, Namur	$293	50	$2,101	35.0%	Low
16	Damme, West Flanders	$291	62	$2,932	41.4%	Low
17	Oudenaarde, East Flanders	$291	55	$2,383	38.7%	Low
18	Houyet, Namur	$288	57	$2,951	42.5%	Low
19	Ypres, West Flanders	$285	114	$2,389	35.9%	Low
20	Robertville, Liège	$281	62	$1,761	34.3%	Low
21	Knokke-Heist, West Flanders	$274	755	$1,970	35.2%	Low
22	Couvin, Namur	$272	63	$2,422	36.0%	Low
23	La Roche-en-Ardenne, Luxembourg	$272	108	$2,300	37.0%	Low
24	Durbuy, Luxembourg	$271	434	$2,358	35.6%	Low
25	Spa, Liège	$270	158	$2,247	37.1%	Low
26	Trois-Ponts, Liège	$269	58	$2,282	35.5%	Low
27	Libin, Luxembourg	$268	50	$2,399	37.2%	Low
28	Gedinne, Namur	$268	50	$2,223	33.4%	Low
29	Comines-Warneton, Hainaut	$261	60	$1,941	38.2%	Low
30	Ciney, Namur	$261	60	$2,322	38.2%	Low
31	Riemst, Limburg	$259	61	$3,276	43.7%	Low
32	Bastogne, Luxembourg	$248	75	$2,903	38.5%	Low
33	Lierneux, Liège	$245	58	$2,593	40.7%	Low
34	Theux, Liège	$245	103	$1,893	38.0%	Low
35	Vlissegem, West Flanders	$244	65	$1,861	39.6%	Low
36	Jalhay, Liège	$236	138	$1,675	37.0%	Low
37	Yvoir, Namur	$236	69	$1,997	39.5%	Low
38	Herve, Liège	$233	49	$1,877	38.9%	Low
39	Bouillon, Luxembourg	$233	111	$1,952	33.4%	Low
40	Plombières, Liège	$225	57	$1,732	36.2%	Low
41	Marche-en-Famenne, Luxembourg	$223	77	$2,006	36.0%	Low
42	Aywaille, Liège	$222	93	$2,104	43.4%	Low
43	Profondeville, Namur	$221	93	$2,112	42.2%	Low
44	Koksijde, West Flanders	$215	842	$1,724	37.5%	Low
45	Bruges, West Flanders	$214	923	$2,432	45.2%	Low
46	Esneux, Liège	$214	59	$2,101	44.8%	Low
47	Nieuwpoort, West Flanders	$210	382	$1,487	33.8%	Low
48	Florenville, Luxembourg	$208	53	$1,671	34.4%	Low
49	Dinant, Namur	$205	136	$2,241	42.6%	Low
50	Verviers, Liège	$204	94	$1,632	36.5%	Low
51	Deinze, East Flanders	$203	49	$2,124	39.8%	Low
52	Saint Vith, Liège	$202	52	$1,421	40.2%	Low
53	Blankenberge, West Flanders	$201	402	$1,507	35.6%	Low
54	De Haan, Vlaams Gewest	$201	116	$1,205	34.2%	Low
55	Ostend, West Flanders	$199	1,243	$1,533	36.7%	Low
56	Klemskerke, West Flanders	$198	282	$1,583	37.3%	Low
57	Wenduine, West Flanders	$198	81	$2,107	46.8%	Low
58	Zutendaal, Limburg	$196	55	$1,632	41.8%	Low
59	Froidchapelle, Hainaut	$195	59	$1,158	29.2%	Low
60	Vresse-sur-Semois, Namur	$195	100	$1,634	38.2%	Low
61	De Panne, West Flanders	$195	354	$1,597	38.1%	Low
62	Huy, Liège	$187	63	$1,835	38.7%	Low
63	Tournai, Hainaut	$184	129	$1,357	34.0%	Low
64	Hasselt, Limburg	$184	145	$1,400	38.7%	Low
65	Middelkerke, West Flanders	$178	505	$1,413	38.1%	Low
66	Lanaken, Limburg	$178	174	$2,251	50.2%	Low
67	Kortrijk, West Flanders	$172	106	$1,635	43.7%	Low
68	Ghent, East Flanders	$171	1,123	$1,887	48.3%	Low
69	Uccle - Ukkel, Brussels-Capital	$168	147	$1,309	41.4%	Low
70	Bredene, West Flanders	$168	231	$1,078	32.5%	Low
71	Mechelen, Antwerp	$168	135	$1,478	41.8%	Low
72	Brussels, Brussels-Capital	$167	1,420	$1,863	49.7%	Low
73	Antwerp, Antwerp	$166	2,087	$1,417	40.6%	Low
74	Wavre, Walloon Brabant	$161	63	$1,509	46.9%	Low
75	Molenbeek-Saint-Jean - Sint-Jans-Molenbeek, Brussels-Capital	$157	138	$1,323	43.6%	Low
76	Ixelles - Elsene, Brussels-Capital	$153	434	$1,658	48.7%	Low
77	Waterloo, Walloon Brabant	$148	63	$1,382	42.1%	Low
78	Elsene, Brussels	$145	151	$879	41.7%	Low
79	Zaventem, Flemish Brabant	$144	54	$1,138	38.8%	Low
80	Overijse, Flemish Brabant	$144	52	$1,227	43.9%	Low
81	Saint-Gilles, Brussels	$143	56	$2,006	59.5%	Low
82	Namur, Namur	$142	332	$1,407	41.9%	Low
83	Saint-Josse-ten-Noode - Sint-Joost-ten-Node, Brussels-Capital	$137	143	$1,472	49.0%	Low
84	Anderlecht, Brussels-Capital	$137	283	$1,324	44.9%	Low
85	Ottignies-Louvain-la-Neuve, Walloon Brabant	$137	58	$1,222	42.0%	Low
86	Saint-Gilles - Sint-Gillis, Brussels-Capital	$135	312	$1,436	48.0%	Low
87	Ath, Hainaut	$130	55	$1,553	50.0%	Low
88	Evere, Brussels-Capital	$129	51	$869	40.3%	Low
89	Woluwe-Saint-Lambert - Sint-Lambrechts-Woluwe, Brussels-Capital	$128	68	$1,586	52.2%	Low
90	Etterbeek, Brussels-Capital	$128	243	$1,361	47.0%	Low
91	Jette, Brussels-Capital	$127	62	$1,052	43.8%	Low
92	Schaerbeek - Schaarbeek, Brussels-Capital	$126	238	$1,240	45.0%	Low
93	Sint-Gillis, Brussels	$124	109	$1,061	51.3%	Low
94	Forest - Vorst, Brussels-Capital	$124	155	$1,136	44.9%	Low
95	Mons, Hainaut	$123	213	$1,015	42.7%	Low
96	Leuven, Flemish Brabant	$123	209	$1,167	45.6%	Low
97	Liège, Liège	$122	846	$945	38.6%	Low
98	Laeken - Laken, Brussels-Capital	$119	72	$1,052	40.5%	Low
99	Koekelberg, Brussels-Capital	$112	58	$1,075	46.7%	Low
100	Charleroi, Hainaut	$95	307	$635	36.5%	Low

Highest Occupancy Airbnb Markets in Belgium

Airbnb occupancy rate measures the percentage of available nights actually booked — the most telling indicator of short-term rental demand in a market. Brussels, Brussels-Capital leads Belgium with 49.7% occupancy, $1,863/month revenue, and 1,420 active listings. Markets with the highest STR occupancy rates reflect strong, sustained guest demand — a critical signal for investors evaluating where properties will stay consistently booked year-round. This ranking is filtered to markets with 300+ listings to ensure statistical reliability.

#	Market	Occupancy	Active Listings (TTM)	Revenue/mo	ADR	Regulation
1	Brussels, Brussels-Capital	49.7%	1,420	$1,863	$167	Low
2	Ixelles - Elsene, Brussels-Capital	48.7%	434	$1,658	$153	Low
3	Ghent, East Flanders	48.3%	1,123	$1,887	$171	Low
4	Saint-Gilles - Sint-Gillis, Brussels-Capital	48.0%	312	$1,436	$135	Low
5	Bruges, West Flanders	45.2%	923	$2,432	$214	Low
6	Namur, Namur	41.9%	332	$1,407	$142	Low
7	Antwerp, Antwerp	40.6%	2,087	$1,417	$166	Low
8	Liège, Liège	38.6%	846	$945	$122	Low
9	Middelkerke, West Flanders	38.1%	505	$1,413	$178	Low
10	De Panne, West Flanders	38.1%	354	$1,597	$195	Low
11	Koksijde, West Flanders	37.5%	842	$1,724	$215	Low
12	Ostend, West Flanders	36.7%	1,243	$1,533	$199	Low
13	Charleroi, Hainaut	36.5%	307	$635	$95	Low
14	Blankenberge, West Flanders	35.6%	402	$1,507	$201	Low
15	Durbuy, Luxembourg	35.6%	434	$2,358	$271	Low
16	Knokke-Heist, West Flanders	35.2%	755	$1,970	$274	Low
17	Nieuwpoort, West Flanders	33.8%	382	$1,487	$210	Low

How to Choose an Airbnb Investment Market in Belgium

No single ranking tells the full story. The best Airbnb market for a given investor depends on their capital, risk tolerance, operating model, and income goals. The four ranking dimensions on this page — market depth, revenue, ADR, and occupancy — serve different investor profiles.

If you prioritize predictable cash flow, start with the occupancy rankings. Markets where occupancy exceeds 55% offer consistent bookings and lower vacancy risk. High-occupancy markets may not have the highest nightly rates, but their revenue stability makes them better suited for mortgage-backed investments where monthly debt coverage matters more than peak earnings.

If you're targeting maximum income per property, use the revenue rankings. Revenue is the product of nightly rate and occupancy — it captures the combined effect of both. The highest-revenue Airbnb markets in Belgium tend to be destination cities where travelers stay longer and pay a premium for entire-home listings.

If you're evaluating luxury or premium positioning, the ADR rankings show where guests are willing to pay top dollar per night. High-ADR markets reward property upgrades, professional photography, and amenity investments. However, a high nightly rate with low occupancy may generate less income than a moderately priced listing that stays booked consistently.

If you want the deepest market data, the active listings rankings identify cities with the largest short-term rental supply. More listings mean more comparable properties for pricing, more data points for revenue projections, and typically a more liquid resale market if your investment thesis changes.

In all cases, check the regulation column before committing capital. A profitable market with high regulation may require permits, annual caps on rental days, or costly compliance steps that erode returns. Markets with low regulation offer faster time-to-market but may tighten rules as STR supply grows.

Short-Term Rental Regulation in Belgium

Understanding the regulatory environment is critical for any Airbnb investment in Belgium. Regulation affects licensing costs, annual operating limits, tax obligations, and the long-term viability of a short-term rental strategy.

Across the 100 markets ranked on this page: 100 have a low regulation profile (generally operator-friendly with minimal licensing requirements), 0 have medium regulation (some permit or registration requirements), and 0 have high regulation (strict licensing, annual rental day caps, or active enforcement). Markets with low regulation offer the lowest barrier to entry, while high-regulation markets may still be profitable — but require careful compliance planning and often limit the number of properties a single operator can manage.

AirROI classifies regulation as a market-level signal based on available ordinance data and platform registration patterns. This is not legal advice — always verify current local ordinances, as short-term rental rules can change rapidly, especially in high-growth markets where municipalities are actively responding to STR expansion.

How We Rank the Best Airbnb Investment Markets in Belgium

This page ranks Airbnb markets in Belgium across four dimensions that matter most to short-term rental investors and operators: market depth (active listings), revenue potential (monthly income per listing), pricing power (average daily rate), and booking demand (occupancy rate). Each ranking uses the same underlying dataset but sorts by a different metric, giving you multiple lenses to evaluate where to invest in Airbnb in Belgium.

No single metric tells the full story. A market with high ADR but low occupancy may underperform one with moderate pricing and strong demand. Revenue captures the combined effect of rate and occupancy, while active listings signal whether a market has enough depth for reliable benchmarking and a liquid resale environment. We include regulation data alongside every ranking so you can weigh compliance risk before committing capital.

Ranking Methodology & Data Sources

Active Listings (TTM): The count of active short-term rental listings in each market over the trailing twelve months — a proxy for market maturity, data reliability, and investor confidence in Belgium.
Monthly Revenue: Average gross revenue per listing per month — the bottom-line metric for evaluating Airbnb profitability in Belgium and projecting cash flow.
Average Daily Rate (ADR): The mean nightly booking price across all active listings — the clearest measure of a market's short-term rental pricing power.
Occupancy Rate: Percentage of available nights booked — the demand signal that determines how much of your nightly rate converts to actual income. Occupancy rankings are filtered to markets with 300+ listings to exclude small markets with unreliable averages.
Regulation: An indicator of the local regulatory climate in Belgium, from low (operator-friendly) to high (strict licensing and enforcement) — essential for assessing compliance risk.

All data is sourced from AirROI's proprietary analytics pipeline, which tracks 20,000,000+ properties across 190+ countries. Metrics are recalculated on a rolling basis using trailing twelve-month aggregates from active listings. For full methodology, see the data methodology page.

Frequently Asked Questions About the Best Airbnb Markets in Belgium

These quick answers summarize the most common investor and operator questions using AirROI's latest market data for Belgium.

What are the best places to invest in Airbnb in Belgium?

Antwerp, Antwerp leads this ranking for Belgium with 2,087 active listings — the largest market by depth. Markets are ranked by listing count because deeper markets offer more comparable data, more pricing benchmarks, and a more predictable operating environment for investors. Each row also shows revenue, ADR, occupancy, and regulation so investors can evaluate based on what matters most to them.

Which market has the highest Airbnb revenue in Belgium?

Stoumont, Liège posts the highest average monthly revenue in this ranking at $3,357. Revenue leaders often combine healthy rates, solid occupancy, and enough listing scale to support repeatable operations rather than one-off outliers.

Which market has the strongest Airbnb occupancy in Belgium?

Saint-Gilles, Brussels has the highest occupancy rate in this comparison at 59.5%. High occupancy can signal resilient demand, but investors still need to balance it against nightly rates, regulation, and supply depth before deciding where to buy or operate.

Which market has the highest Airbnb nightly rate in Belgium?

Boom, Antwerp commands the highest average daily rate at $804 per night. A high ADR does not automatically translate to the highest revenue — occupancy and seasonality determine how much of that rate converts to realized income.

Which Airbnb markets in Belgium have the lowest regulation?

Antwerp (Antwerp), Brussels (Brussels-Capital), Ostend (West Flanders) currently show low regulation profiles in this ranking. Lower regulation can reduce compliance costs and time-to-market for new hosts, but investors should always verify local ordinances before purchasing — rules can change quickly as short-term rental markets grow.

Is short-term rental investing still profitable in Belgium in 2026?

The markets ranked here average 40.2% occupancy, and the top performer posts $3,357 in monthly revenue. Profitability depends on property acquisition cost, local operating expenses, and regulation compliance — but the data shows active, performing markets exist across Belgium for well-researched investors.

How often are AirROI's top Airbnb market rankings updated?

AirROI updates these rankings using the latest market snapshot available in the dataset, which for this page is anchored to 2026. Rankings should be treated as current market intelligence rather than permanent truths because pricing, demand, regulation, and supply can all shift over time.

What metrics should I use to evaluate Airbnb investments in Belgium?

The most important metrics for comparing short-term rental markets are active listing count (market depth and data reliability), occupancy rate (demand consistency), average daily rate (pricing power), monthly revenue (income potential), and regulation level (compliance cost and risk). This ranking sorts by market depth first; use the other columns to filter for the profile that fits your investment strategy.

What makes a good Airbnb market for first-time investors in Belgium?

First-time investors in Belgium should prioritize markets with high occupancy (55%+) and low regulation, which reduce the risk of empty calendars and compliance surprises. Markets with 200+ active listings also provide better benchmarking data and a more predictable operating environment. Revenue is important, but consistent demand is more forgiving for operators still learning pricing and guest management.

What is a good Airbnb occupancy rate in Belgium?

Across the markets ranked here, the average occupancy rate in Belgium is 40.2%. Occupancy above 50% is generally considered healthy for short-term rentals, and above 65% signals strong, sustained demand. However, the best occupancy rate depends on pricing strategy — some hosts maximize revenue by targeting fewer bookings at higher nightly rates rather than maximizing booking volume.

How does regulation affect Airbnb investment returns in Belgium?

Regulation is one of the most overlooked risks in short-term rental investing. In Belgium, 100 of 100 ranked markets have low regulation, 0 have medium, and 0 have high. High-regulation markets often require permits, limit annual rental days, or impose occupancy taxes — all of which reduce net returns. Low-regulation markets offer faster time-to-market and lower compliance costs, but rules can tighten as STR supply grows.

What is the difference between ADR and RevPAR for Airbnb investing?

ADR (Average Daily Rate) is the average nightly price guests pay, while RevPAR (Revenue Per Available Rental night) factors in both price and occupancy. A market with $200 ADR and 50% occupancy has $100 RevPAR — the same as a market with $125 ADR and 80% occupancy. RevPAR is a better single-number benchmark for comparing markets because it captures how effectively nightly rates convert to realized income. AirROI's city-level reports include RevPAR with percentile breakdowns for deeper analysis.

How many Airbnb listings does a market need to be investable in Belgium?

Markets with fewer than 100 active listings can show volatile averages that do not predict future performance. The median market in this Belgium ranking has about 94 listings. Larger markets (500+) offer more reliable data, more comparable properties for pricing, and typically a more liquid exit if you decide to sell. Smaller markets can still be profitable, but investors should treat the data as directional rather than precise.

How do seasonal and year-round Airbnb markets differ in Belgium?

Seasonal markets in Belgium experience dramatic swings in booking demand — often earning 60-70% of annual revenue in just 3-4 peak months. Year-round markets deliver steadier cash flow with lower peak-to-trough variation. Investors who need predictable monthly income should prioritize high-occupancy markets with low seasonal variance, while those comfortable with cash-flow timing can target seasonal markets where peak rates compensate for off-season softness.

About AirROI Market Data

AirROI tracks over 20 million properties across 190+ countries and maintains 15+ years of historical performance data, making it one of the deepest Airbnb and STR intelligence platforms available. The analytics pipeline aggregates listing-level data monthly — revenue, occupancy, nightly rates, RevPAR, guest demographics, booking patterns, and competitive supply — so investors and operators can benchmark any market against its own history and against neighboring destinations.

Real estate investors, property managers, financial institutions, hospitality consultants, and academic researchers rely on AirROI data to underwrite acquisitions, optimize pricing, model macro trends, and conduct peer-reviewed research. Data is available through in-depth market reports, the data portal for bulk downloads, the Airbnb API with 22 endpoints, and an Airbnb MCP Server for AI agents.

All metrics reflect trailing twelve-month aggregates from active listings as of 2026-07-06. Revenue figures are market averages, not projections. For full methodology, see the data methodology page.

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What Other Airbnb Markets Are in Belgium?

Antwerp Brussels Brussels-Capital Bruxelles East Flanders Flemish Brabant Hainaut Limburg Liège Luxembourg Namur Vlaams Gewest Wallonia Walloon Brabant West Flanders