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

Source: AirROI Reviewed by Jun Zhou , Founder @ AirROI
Updated:

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 1,808 active listings and $1,532/month revenue. Across all ranked markets, average occupancy is 41.5% with $1,960/month in average revenue and $213/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.

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 1,808 active short-term rental listings and $1,532/month in average revenue.

#MarketActive Listings (TTM)Revenue/moADROccupancyRegulation
1Antwerp, Antwerp1,808$1,532$15542.8%Low
2Brussels, Brussels-Capital1,222$2,053$16352.5%Low
3Ostend, West Flanders1,089$1,683$19538.3%Low
4Ghent, East Flanders984$1,984$16449.7%Low
5Bruges, West Flanders828$2,656$21247.9%Low
6Liège, Liège723$1,031$11740.9%Low
7Koksijde, West Flanders683$1,925$20340.2%Low
8Knokke-Heist, West Flanders657$2,230$26437.4%Low
9Ixelles - Elsene, Brussels-Capital488$1,685$14550.5%Low
10Middelkerke, West Flanders430$1,624$18240.3%Low
11Saint-Gilles - Sint-Gillis, Brussels-Capital377$1,423$13651.8%Low
12Durbuy, Luxembourg349$2,527$26636.5%Low
13Blankenberge, West Flanders336$1,717$20238.4%Low
14Namur, Namur312$1,432$13541.7%Low
15Nieuwpoort, West Flanders312$1,706$20336.8%Low
16De Panne, West Flanders299$1,770$18640.6%Low
17Klemskerke, West Flanders285$1,665$19238.6%Low
18Etterbeek, Brussels-Capital248$1,374$11949.2%Low
19Charleroi, Hainaut239$756$9239.8%Low
20Anderlecht, Brussels-Capital231$1,445$13347.3%Low
21Schaerbeek - Schaarbeek, Brussels-Capital222$1,316$11947.5%Low
22Malmedy, Liège215$2,793$31736.9%Low
23Bredene, West Flanders211$1,144$16734.2%Low
24Forest - Vorst, Brussels-Capital194$1,101$11746.1%Low
25Leuven, Flemish Brabant182$1,243$11647.9%Low
26Uccle - Ukkel, Brussels-Capital166$1,358$16544.4%Low
27Mons, Hainaut165$1,125$11645.8%Low
28Stavelot, Liège160$2,486$33037.7%Low
29Lanaken, Limburg151$2,303$17351.1%Low
30Saint-Josse-ten-Noode - Sint-Joost-ten-Node, Brussels-Capital140$1,537$13250.8%Low
31Spa, Liège140$2,358$26536.3%Low
32Dinant, Namur129$2,220$19741.3%Low
33Hasselt, Limburg123$1,554$17340.0%Low
34Jalhay, Liège123$1,688$22137.8%Low
35Molenbeek-Saint-Jean - Sint-Jans-Molenbeek, Brussels-Capital117$1,381$12647.8%Low
36Houffalize, Luxembourg116$3,297$33237.5%Low
37Mechelen, Antwerp113$1,646$16443.7%Low
38Tournai, Hainaut105$1,406$17435.0%Low
39Bouillon, Luxembourg102$1,973$22734.8%Low
40La Roche-en-Ardenne, Luxembourg98$2,168$25535.3%Low
41Vielsalm, Luxembourg97$2,540$31937.3%Low
42Ypres, West Flanders92$2,616$26838.0%Low
43Kortrijk, West Flanders88$1,705$17245.2%Low
44Stoumont, Liège87$3,287$32441.6%Low
45Theux, Liège86$2,048$23539.8%Low
46Boom, Antwerp85$1,625$73734.1%Low
47Wenduine, West Flanders82$2,123$19446.8%Low
48Laeken - Laken, Brussels-Capital79$1,093$11244.7%Low
49Aywaille, Liège78$1,920$18040.6%Low
50Verviers, Liège77$1,746$21138.3%Low
51Profondeville, Namur75$2,151$22142.5%Low
52Vresse-sur-Semois, Namur75$1,835$18441.5%Low
53Woluwe-Saint-Lambert - Sint-Lambrechts-Woluwe, Brussels-Capital74$1,497$12851.0%Low
54Érezée, Luxembourg73$3,115$32340.7%Low
55Vlissegem, West Flanders67$1,966$24039.1%Low
56Bastogne, Luxembourg66$3,125$23942.8%Low
57Robertville, Liège63$1,742$27935.0%Low
58Yvoir, Namur62$2,018$22240.7%Low
59Wavre, Walloon Brabant62$1,406$14646.9%Low
60Saint-Gilles, Brussels58$1,600$13555.3%Low
61Riemst, Limburg58$3,215$24844.4%Low
62Ottignies-Louvain-la-Neuve, Walloon Brabant58$1,220$13342.7%Low
63Marche-en-Famenne, Luxembourg57$2,232$21037.0%Low
64Waterloo, Walloon Brabant57$1,388$13844.0%Low
65Heuvelland, West Flanders57$3,245$38134.8%Low
66Lierneux, Liège56$2,722$24441.9%Low
67Damme, West Flanders56$3,155$29044.3%Low
68Koekelberg, Brussels-Capital55$994$10642.3%Low
69Jette, Brussels-Capital54$1,018$11345.4%Low
70Esneux, Liège54$2,141$20347.1%Low
71Rumst, Antwerp52$1,219$41144.8%Low
72Evere, Brussels-Capital52$964$11744.1%Low
73Comines-Warneton, Hainaut52$2,202$26739.6%Low
74Libin, Luxembourg52$2,262$23439.4%Low
75Poperinge, West Flanders52$2,622$29335.0%Low
76Couvin, Namur50$2,815$26637.5%Low
77Houyet, Namur50$3,069$27646.4%Low
78Huy, Liège49$2,364$19543.0%Low
79Manhay, Luxembourg49$3,184$33536.8%Low
80Ciney, Namur49$2,442$24237.9%Low
81Diksmuide, West Flanders49$3,246$32137.7%Low
82Trois-Ponts, Liège48$2,596$28936.7%Low
83Deinze, East Flanders47$2,238$19942.0%Low
84Overijse, Flemish Brabant47$1,322$14146.0%Low
85Plombières, Liège47$2,012$25436.0%Low
86Woluwe-Saint-Pierre - Sint-Pieters-Woluwe, Brussels-Capital46$1,604$16447.7%Low
87Oudenaarde, East Flanders46$2,513$28638.6%Low
88Florenville, Luxembourg46$1,396$17333.1%Low
89Gouvy, Luxembourg46$2,437$28738.5%Low
90Gesves, Namur46$1,936$28635.9%Low
91Froidchapelle, Hainaut45$1,072$17528.1%Low
92Daverdisse, Luxembourg45$1,910$22932.3%Low
93Herve, Liège44$1,799$19739.8%Low
94Anhée, Namur44$3,419$33638.1%Low
95Geraardsbergen, East Flanders43$1,675$19834.3%Low
96Ath, Hainaut43$1,635$12349.7%Low
97Paliseul, Luxembourg43$1,998$23434.1%Low
98Zedelgem, West Flanders43$2,934$26446.0%Low
99Auderghem - Oudergem, Brussels-Capital42$1,135$12150.8%Low
100Zaventem, Flemish Brabant42$1,216$11841.8%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. Anhée, Namur leads with $3,419/month at $336 ADR and 38.1% 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.

#MarketRevenue/moActive Listings (TTM)ADROccupancyRegulation
1Anhée, Namur$3,41944$33638.1%Low
2Houffalize, Luxembourg$3,297116$33237.5%Low
3Stoumont, Liège$3,28787$32441.6%Low
4Diksmuide, West Flanders$3,24649$32137.7%Low
5Heuvelland, West Flanders$3,24557$38134.8%Low
6Riemst, Limburg$3,21558$24844.4%Low
7Manhay, Luxembourg$3,18449$33536.8%Low
8Damme, West Flanders$3,15556$29044.3%Low
9Bastogne, Luxembourg$3,12566$23942.8%Low
10Érezée, Luxembourg$3,11573$32340.7%Low
11Houyet, Namur$3,06950$27646.4%Low
12Zedelgem, West Flanders$2,93443$26446.0%Low
13Couvin, Namur$2,81550$26637.5%Low
14Malmedy, Liège$2,793215$31736.9%Low
15Lierneux, Liège$2,72256$24441.9%Low
16Bruges, West Flanders$2,656828$21247.9%Low
17Poperinge, West Flanders$2,62252$29335.0%Low
18Ypres, West Flanders$2,61692$26838.0%Low
19Trois-Ponts, Liège$2,59648$28936.7%Low
20Vielsalm, Luxembourg$2,54097$31937.3%Low
21Durbuy, Luxembourg$2,527349$26636.5%Low
22Oudenaarde, East Flanders$2,51346$28638.6%Low
23Stavelot, Liège$2,486160$33037.7%Low
24Ciney, Namur$2,44249$24237.9%Low
25Gouvy, Luxembourg$2,43746$28738.5%Low
26Huy, Liège$2,36449$19543.0%Low
27Spa, Liège$2,358140$26536.3%Low
28Lanaken, Limburg$2,303151$17351.1%Low
29Libin, Luxembourg$2,26252$23439.4%Low
30Deinze, East Flanders$2,23847$19942.0%Low
31Marche-en-Famenne, Luxembourg$2,23257$21037.0%Low
32Knokke-Heist, West Flanders$2,230657$26437.4%Low
33Dinant, Namur$2,220129$19741.3%Low
34Comines-Warneton, Hainaut$2,20252$26739.6%Low
35La Roche-en-Ardenne, Luxembourg$2,16898$25535.3%Low
36Profondeville, Namur$2,15175$22142.5%Low
37Esneux, Liège$2,14154$20347.1%Low
38Wenduine, West Flanders$2,12382$19446.8%Low
39Brussels, Brussels-Capital$2,0531,222$16352.5%Low
40Theux, Liège$2,04886$23539.8%Low
41Yvoir, Namur$2,01862$22240.7%Low
42Plombières, Liège$2,01247$25436.0%Low
43Paliseul, Luxembourg$1,99843$23434.1%Low
44Ghent, East Flanders$1,984984$16449.7%Low
45Bouillon, Luxembourg$1,973102$22734.8%Low
46Vlissegem, West Flanders$1,96667$24039.1%Low
47Gesves, Namur$1,93646$28635.9%Low
48Koksijde, West Flanders$1,925683$20340.2%Low
49Aywaille, Liège$1,92078$18040.6%Low
50Daverdisse, Luxembourg$1,91045$22932.3%Low
51Vresse-sur-Semois, Namur$1,83575$18441.5%Low
52Herve, Liège$1,79944$19739.8%Low
53De Panne, West Flanders$1,770299$18640.6%Low
54Verviers, Liège$1,74677$21138.3%Low
55Robertville, Liège$1,74263$27935.0%Low
56Blankenberge, West Flanders$1,717336$20238.4%Low
57Nieuwpoort, West Flanders$1,706312$20336.8%Low
58Kortrijk, West Flanders$1,70588$17245.2%Low
59Jalhay, Liège$1,688123$22137.8%Low
60Ixelles - Elsene, Brussels-Capital$1,685488$14550.5%Low
61Ostend, West Flanders$1,6831,089$19538.3%Low
62Geraardsbergen, East Flanders$1,67543$19834.3%Low
63Klemskerke, West Flanders$1,665285$19238.6%Low
64Mechelen, Antwerp$1,646113$16443.7%Low
65Ath, Hainaut$1,63543$12349.7%Low
66Boom, Antwerp$1,62585$73734.1%Low
67Middelkerke, West Flanders$1,624430$18240.3%Low
68Woluwe-Saint-Pierre - Sint-Pieters-Woluwe, Brussels-Capital$1,60446$16447.7%Low
69Saint-Gilles, Brussels$1,60058$13555.3%Low
70Hasselt, Limburg$1,554123$17340.0%Low
71Saint-Josse-ten-Noode - Sint-Joost-ten-Node, Brussels-Capital$1,537140$13250.8%Low
72Antwerp, Antwerp$1,5321,808$15542.8%Low
73Woluwe-Saint-Lambert - Sint-Lambrechts-Woluwe, Brussels-Capital$1,49774$12851.0%Low
74Anderlecht, Brussels-Capital$1,445231$13347.3%Low
75Namur, Namur$1,432312$13541.7%Low
76Saint-Gilles - Sint-Gillis, Brussels-Capital$1,423377$13651.8%Low
77Wavre, Walloon Brabant$1,40662$14646.9%Low
78Tournai, Hainaut$1,406105$17435.0%Low
79Florenville, Luxembourg$1,39646$17333.1%Low
80Waterloo, Walloon Brabant$1,38857$13844.0%Low
81Molenbeek-Saint-Jean - Sint-Jans-Molenbeek, Brussels-Capital$1,381117$12647.8%Low
82Etterbeek, Brussels-Capital$1,374248$11949.2%Low
83Uccle - Ukkel, Brussels-Capital$1,358166$16544.4%Low
84Overijse, Flemish Brabant$1,32247$14146.0%Low
85Schaerbeek - Schaarbeek, Brussels-Capital$1,316222$11947.5%Low
86Leuven, Flemish Brabant$1,243182$11647.9%Low
87Ottignies-Louvain-la-Neuve, Walloon Brabant$1,22058$13342.7%Low
88Rumst, Antwerp$1,21952$41144.8%Low
89Zaventem, Flemish Brabant$1,21642$11841.8%Low
90Bredene, West Flanders$1,144211$16734.2%Low
91Auderghem - Oudergem, Brussels-Capital$1,13542$12150.8%Low
92Mons, Hainaut$1,125165$11645.8%Low
93Forest - Vorst, Brussels-Capital$1,101194$11746.1%Low
94Laeken - Laken, Brussels-Capital$1,09379$11244.7%Low
95Froidchapelle, Hainaut$1,07245$17528.1%Low
96Liège, Liège$1,031723$11740.9%Low
97Jette, Brussels-Capital$1,01854$11345.4%Low
98Koekelberg, Brussels-Capital$99455$10642.3%Low
99Evere, Brussels-Capital$96452$11744.1%Low
100Charleroi, Hainaut$756239$9239.8%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 $737/night, generating $1,625/month at 34.1% occupancy. Markets with premium nightly pricing typically feature high-demand destinations where travelers pay a significant premium over hotel alternatives.

#MarketADRActive Listings (TTM)Revenue/moOccupancyRegulation
1Boom, Antwerp$73785$1,62534.1%Low
2Rumst, Antwerp$41152$1,21944.8%Low
3Heuvelland, West Flanders$38157$3,24534.8%Low
4Anhée, Namur$33644$3,41938.1%Low
5Manhay, Luxembourg$33549$3,18436.8%Low
6Houffalize, Luxembourg$332116$3,29737.5%Low
7Stavelot, Liège$330160$2,48637.7%Low
8Stoumont, Liège$32487$3,28741.6%Low
9Érezée, Luxembourg$32373$3,11540.7%Low
10Diksmuide, West Flanders$32149$3,24637.7%Low
11Vielsalm, Luxembourg$31997$2,54037.3%Low
12Malmedy, Liège$317215$2,79336.9%Low
13Poperinge, West Flanders$29352$2,62235.0%Low
14Damme, West Flanders$29056$3,15544.3%Low
15Trois-Ponts, Liège$28948$2,59636.7%Low
16Gouvy, Luxembourg$28746$2,43738.5%Low
17Oudenaarde, East Flanders$28646$2,51338.6%Low
18Gesves, Namur$28646$1,93635.9%Low
19Robertville, Liège$27963$1,74235.0%Low
20Houyet, Namur$27650$3,06946.4%Low
21Ypres, West Flanders$26892$2,61638.0%Low
22Comines-Warneton, Hainaut$26752$2,20239.6%Low
23Couvin, Namur$26650$2,81537.5%Low
24Durbuy, Luxembourg$266349$2,52736.5%Low
25Spa, Liège$265140$2,35836.3%Low
26Knokke-Heist, West Flanders$264657$2,23037.4%Low
27Zedelgem, West Flanders$26443$2,93446.0%Low
28La Roche-en-Ardenne, Luxembourg$25598$2,16835.3%Low
29Plombières, Liège$25447$2,01236.0%Low
30Riemst, Limburg$24858$3,21544.4%Low
31Lierneux, Liège$24456$2,72241.9%Low
32Ciney, Namur$24249$2,44237.9%Low
33Vlissegem, West Flanders$24067$1,96639.1%Low
34Bastogne, Luxembourg$23966$3,12542.8%Low
35Theux, Liège$23586$2,04839.8%Low
36Paliseul, Luxembourg$23443$1,99834.1%Low
37Libin, Luxembourg$23452$2,26239.4%Low
38Daverdisse, Luxembourg$22945$1,91032.3%Low
39Bouillon, Luxembourg$227102$1,97334.8%Low
40Yvoir, Namur$22262$2,01840.7%Low
41Profondeville, Namur$22175$2,15142.5%Low
42Jalhay, Liège$221123$1,68837.8%Low
43Bruges, West Flanders$212828$2,65647.9%Low
44Verviers, Liège$21177$1,74638.3%Low
45Marche-en-Famenne, Luxembourg$21057$2,23237.0%Low
46Nieuwpoort, West Flanders$203312$1,70636.8%Low
47Koksijde, West Flanders$203683$1,92540.2%Low
48Esneux, Liège$20354$2,14147.1%Low
49Blankenberge, West Flanders$202336$1,71738.4%Low
50Deinze, East Flanders$19947$2,23842.0%Low
51Geraardsbergen, East Flanders$19843$1,67534.3%Low
52Herve, Liège$19744$1,79939.8%Low
53Dinant, Namur$197129$2,22041.3%Low
54Huy, Liège$19549$2,36443.0%Low
55Ostend, West Flanders$1951,089$1,68338.3%Low
56Wenduine, West Flanders$19482$2,12346.8%Low
57Klemskerke, West Flanders$192285$1,66538.6%Low
58De Panne, West Flanders$186299$1,77040.6%Low
59Vresse-sur-Semois, Namur$18475$1,83541.5%Low
60Middelkerke, West Flanders$182430$1,62440.3%Low
61Aywaille, Liège$18078$1,92040.6%Low
62Froidchapelle, Hainaut$17545$1,07228.1%Low
63Tournai, Hainaut$174105$1,40635.0%Low
64Florenville, Luxembourg$17346$1,39633.1%Low
65Hasselt, Limburg$173123$1,55440.0%Low
66Lanaken, Limburg$173151$2,30351.1%Low
67Kortrijk, West Flanders$17288$1,70545.2%Low
68Bredene, West Flanders$167211$1,14434.2%Low
69Uccle - Ukkel, Brussels-Capital$165166$1,35844.4%Low
70Woluwe-Saint-Pierre - Sint-Pieters-Woluwe, Brussels-Capital$16446$1,60447.7%Low
71Mechelen, Antwerp$164113$1,64643.7%Low
72Ghent, East Flanders$164984$1,98449.7%Low
73Brussels, Brussels-Capital$1631,222$2,05352.5%Low
74Antwerp, Antwerp$1551,808$1,53242.8%Low
75Wavre, Walloon Brabant$14662$1,40646.9%Low
76Ixelles - Elsene, Brussels-Capital$145488$1,68550.5%Low
77Overijse, Flemish Brabant$14147$1,32246.0%Low
78Waterloo, Walloon Brabant$13857$1,38844.0%Low
79Saint-Gilles - Sint-Gillis, Brussels-Capital$136377$1,42351.8%Low
80Namur, Namur$135312$1,43241.7%Low
81Saint-Gilles, Brussels$13558$1,60055.3%Low
82Anderlecht, Brussels-Capital$133231$1,44547.3%Low
83Ottignies-Louvain-la-Neuve, Walloon Brabant$13358$1,22042.7%Low
84Saint-Josse-ten-Noode - Sint-Joost-ten-Node, Brussels-Capital$132140$1,53750.8%Low
85Woluwe-Saint-Lambert - Sint-Lambrechts-Woluwe, Brussels-Capital$12874$1,49751.0%Low
86Molenbeek-Saint-Jean - Sint-Jans-Molenbeek, Brussels-Capital$126117$1,38147.8%Low
87Ath, Hainaut$12343$1,63549.7%Low
88Auderghem - Oudergem, Brussels-Capital$12142$1,13550.8%Low
89Etterbeek, Brussels-Capital$119248$1,37449.2%Low
90Schaerbeek - Schaarbeek, Brussels-Capital$119222$1,31647.5%Low
91Zaventem, Flemish Brabant$11842$1,21641.8%Low
92Forest - Vorst, Brussels-Capital$117194$1,10146.1%Low
93Liège, Liège$117723$1,03140.9%Low
94Evere, Brussels-Capital$11752$96444.1%Low
95Mons, Hainaut$116165$1,12545.8%Low
96Leuven, Flemish Brabant$116182$1,24347.9%Low
97Jette, Brussels-Capital$11354$1,01845.4%Low
98Laeken - Laken, Brussels-Capital$11279$1,09344.7%Low
99Koekelberg, Brussels-Capital$10655$99442.3%Low
100Charleroi, Hainaut$92239$75639.8%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 52.5% occupancy, $2,053/month revenue, and 1,222 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.

#MarketOccupancyActive Listings (TTM)Revenue/moADRRegulation
1Brussels, Brussels-Capital52.5%1,222$2,053$163Low
2Saint-Gilles - Sint-Gillis, Brussels-Capital51.8%377$1,423$136Low
3Ixelles - Elsene, Brussels-Capital50.5%488$1,685$145Low
4Ghent, East Flanders49.7%984$1,984$164Low
5Bruges, West Flanders47.9%828$2,656$212Low
6Antwerp, Antwerp42.8%1,808$1,532$155Low
7Namur, Namur41.7%312$1,432$135Low
8Liège, Liège40.9%723$1,031$117Low
9Middelkerke, West Flanders40.3%430$1,624$182Low
10Koksijde, West Flanders40.2%683$1,925$203Low
11Blankenberge, West Flanders38.4%336$1,717$202Low
12Ostend, West Flanders38.3%1,089$1,683$195Low
13Knokke-Heist, West Flanders37.4%657$2,230$264Low
14Nieuwpoort, West Flanders36.8%312$1,706$203Low
15Durbuy, Luxembourg36.5%349$2,527$266Low

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 1,808 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?

Anhée, Namur posts the highest average monthly revenue in this ranking at $3,419. 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 55.3%. 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 $737 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 41.5% occupancy, and the top performer posts $3,419 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 41.5%. 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 77 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 2026-04-08. Revenue figures are market averages, not projections. For full methodology, see the data methodology page.

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