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

Source: AirROI Reviewed by Jun Zhou , Founder @ AirROI

Updated: 2026-05-04

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 1,776 active listings and $1,510/month revenue. Across all ranked markets, average occupancy is 41.0% with $1,939/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.

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 1,776 active short-term rental listings and $1,510/month in average revenue.

#	Market	Active Listings (TTM)	Revenue/mo	ADR	Occupancy	Regulation
1	Antwerp, Antwerp	1,776	$1,510	$156	42.3%	Low
2	Brussels, Brussels-Capital	1,188	$2,000	$163	51.6%	Low
3	Ostend, West Flanders	1,078	$1,648	$194	37.5%	Low
4	Ghent, East Flanders	973	$1,943	$163	49.0%	Low
5	Bruges, West Flanders	822	$2,583	$210	47.0%	Low
6	Liège, Liège	708	$1,018	$116	40.0%	Low
7	Koksijde, West Flanders	678	$1,887	$202	39.5%	Low
8	Knokke-Heist, West Flanders	654	$2,155	$263	36.5%	Low
9	Ixelles - Elsene, Brussels-Capital	464	$1,664	$146	50.2%	Low
10	Middelkerke, West Flanders	424	$1,568	$182	39.5%	Low
11	Saint-Gilles - Sint-Gillis, Brussels-Capital	369	$1,348	$134	49.8%	Low
12	Durbuy, Luxembourg	350	$2,491	$268	35.8%	Low
13	Blankenberge, West Flanders	327	$1,683	$199	37.7%	Low
14	Namur, Namur	310	$1,399	$135	41.3%	Low
15	Nieuwpoort, West Flanders	308	$1,676	$203	36.0%	Low
16	De Panne, West Flanders	296	$1,733	$186	39.9%	Low
17	Klemskerke, West Flanders	285	$1,584	$192	37.6%	Low
18	Etterbeek, Brussels-Capital	236	$1,339	$118	48.4%	Low
19	Charleroi, Hainaut	234	$726	$91	38.3%	Low
20	Anderlecht, Brussels-Capital	226	$1,416	$132	46.1%	Low
21	Schaerbeek - Schaarbeek, Brussels-Capital	216	$1,303	$119	47.5%	Low
22	Malmedy, Liège	214	$2,770	$318	36.5%	Low
23	Bredene, West Flanders	210	$1,128	$165	33.4%	Low
24	Forest - Vorst, Brussels-Capital	182	$1,071	$117	45.9%	Low
25	Leuven, Flemish Brabant	176	$1,234	$115	47.7%	Low
26	Uccle - Ukkel, Brussels-Capital	162	$1,295	$165	43.2%	Low
27	Mons, Hainaut	161	$1,122	$115	45.0%	Low
28	Stavelot, Liège	156	$2,497	$315	37.6%	Low
29	Lanaken, Limburg	150	$2,263	$173	50.4%	Low
30	Spa, Liège	138	$2,301	$260	36.0%	Low
31	Saint-Josse-ten-Noode - Sint-Joost-ten-Node, Brussels-Capital	135	$1,510	$133	50.7%	Low
32	Dinant, Namur	128	$2,177	$195	40.8%	Low
33	Hasselt, Limburg	123	$1,487	$173	39.4%	Low
34	Jalhay, Liège	123	$1,675	$222	37.5%	Low
35	Molenbeek-Saint-Jean - Sint-Jans-Molenbeek, Brussels-Capital	113	$1,376	$126	46.9%	Low
36	Houffalize, Luxembourg	113	$3,323	$337	37.3%	Low
37	Mechelen, Antwerp	111	$1,617	$163	43.4%	Low
38	Tournai, Hainaut	105	$1,386	$172	34.4%	Low
39	Bouillon, Luxembourg	102	$1,987	$227	34.9%	Low
40	La Roche-en-Ardenne, Luxembourg	98	$2,225	$258	34.8%	Low
41	Vielsalm, Luxembourg	98	$2,538	$318	36.6%	Low
42	Ypres, West Flanders	92	$2,551	$269	37.1%	Low
43	Theux, Liège	87	$2,001	$233	39.3%	Low
44	Kortrijk, West Flanders	86	$1,712	$173	44.9%	Low
45	Stoumont, Liège	85	$3,292	$324	41.5%	Low
46	Boom, Antwerp	84	$1,767	$761	35.8%	Low
47	Wenduine, West Flanders	81	$2,060	$193	45.4%	Low
48	Aywaille, Liège	77	$1,974	$190	40.1%	Low
49	Verviers, Liège	77	$1,712	$204	38.1%	Low
50	Laeken - Laken, Brussels-Capital	75	$1,060	$109	42.3%	Low
51	Profondeville, Namur	75	$2,117	$219	42.6%	Low
52	Vresse-sur-Semois, Namur	73	$1,827	$186	41.3%	Low
53	Woluwe-Saint-Lambert - Sint-Lambrechts-Woluwe, Brussels-Capital	72	$1,462	$124	51.1%	Low
54	Érezée, Luxembourg	71	$3,322	$327	40.8%	Low
55	Vlissegem, West Flanders	67	$1,881	$240	38.3%	Low
56	Bastogne, Luxembourg	65	$3,045	$238	41.8%	Low
57	Robertville, Liège	62	$1,785	$283	35.4%	Low
58	Wavre, Walloon Brabant	61	$1,403	$147	45.6%	Low
59	Yvoir, Namur	60	$2,033	$224	41.2%	Low
60	Saint-Gilles, Brussels	59	$1,680	$132	56.2%	Low
61	Riemst, Limburg	58	$3,208	$248	43.7%	Low
62	Marche-en-Famenne, Luxembourg	58	$2,189	$210	37.1%	Low
63	Lierneux, Liège	57	$2,595	$244	40.9%	Low
64	Ottignies-Louvain-la-Neuve, Walloon Brabant	56	$1,222	$134	41.4%	Low
65	Waterloo, Walloon Brabant	56	$1,359	$138	44.3%	Low
66	Damme, West Flanders	56	$3,111	$292	43.4%	Low
67	Heuvelland, West Flanders	56	$3,270	$387	33.9%	Low
68	Rumst, Antwerp	54	$1,204	$411	44.8%	Low
69	Koekelberg, Brussels-Capital	54	$1,004	$106	42.5%	Low
70	Esneux, Liège	53	$2,090	$204	46.0%	Low
71	Comines-Warneton, Hainaut	52	$2,113	$264	37.8%	Low
72	Poperinge, West Flanders	52	$2,692	$292	34.5%	Low
73	Jette, Brussels-Capital	51	$1,022	$113	45.3%	Low
74	Huy, Liège	50	$2,248	$194	40.7%	Low
75	Couvin, Namur	50	$2,749	$267	37.1%	Low
76	Diksmuide, West Flanders	50	$3,161	$316	37.7%	Low
77	Libin, Luxembourg	49	$2,300	$242	36.9%	Low
78	Manhay, Luxembourg	49	$3,137	$348	36.3%	Low
79	Houyet, Namur	49	$3,021	$278	44.1%	Low
80	Evere, Brussels-Capital	48	$970	$118	44.9%	Low
81	Ciney, Namur	48	$2,508	$244	38.0%	Low
82	Plombières, Liège	47	$1,945	$251	35.9%	Low
83	Trois-Ponts, Liège	47	$2,507	$284	35.9%	Low
84	Florenville, Luxembourg	46	$1,414	$172	33.2%	Low
85	Gesves, Namur	46	$1,906	$286	35.0%	Low
86	Deinze, East Flanders	45	$2,269	$204	40.7%	Low
87	Overijse, Flemish Brabant	45	$1,377	$142	47.3%	Low
88	Froidchapelle, Hainaut	45	$1,073	$173	28.1%	Low
89	Daverdisse, Luxembourg	45	$1,845	$226	31.2%	Low
90	Gouvy, Luxembourg	45	$2,410	$285	38.5%	Low
91	Oudenaarde, East Flanders	44	$2,618	$291	39.2%	Low
92	Anhée, Namur	44	$3,395	$334	38.7%	Low
93	Woluwe-Saint-Pierre - Sint-Pieters-Woluwe, Brussels-Capital	43	$1,557	$167	48.2%	Low
94	Geraardsbergen, East Flanders	43	$1,615	$198	32.7%	Low
95	Ath, Hainaut	43	$1,590	$121	50.0%	Low
96	Paliseul, Luxembourg	43	$2,113	$233	35.1%	Low
97	Herve, Liège	42	$1,815	$196	39.7%	Low
98	Aalst, East Flanders	41	$764	$129	34.6%	Low
99	Zedelgem, West Flanders	41	$3,058	$267	47.0%	Low
100	Auderghem - Oudergem, Brussels-Capital	40	$1,103	$118	50.6%	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 $3,395/month at $334 ADR and 38.7% 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	Anhée, Namur	$3,395	44	$334	38.7%	Low
2	Houffalize, Luxembourg	$3,323	113	$337	37.3%	Low
3	Érezée, Luxembourg	$3,322	71	$327	40.8%	Low
4	Stoumont, Liège	$3,292	85	$324	41.5%	Low
5	Heuvelland, West Flanders	$3,270	56	$387	33.9%	Low
6	Riemst, Limburg	$3,208	58	$248	43.7%	Low
7	Diksmuide, West Flanders	$3,161	50	$316	37.7%	Low
8	Manhay, Luxembourg	$3,137	49	$348	36.3%	Low
9	Damme, West Flanders	$3,111	56	$292	43.4%	Low
10	Zedelgem, West Flanders	$3,058	41	$267	47.0%	Low
11	Bastogne, Luxembourg	$3,045	65	$238	41.8%	Low
12	Houyet, Namur	$3,021	49	$278	44.1%	Low
13	Malmedy, Liège	$2,770	214	$318	36.5%	Low
14	Couvin, Namur	$2,749	50	$267	37.1%	Low
15	Poperinge, West Flanders	$2,692	52	$292	34.5%	Low
16	Oudenaarde, East Flanders	$2,618	44	$291	39.2%	Low
17	Lierneux, Liège	$2,595	57	$244	40.9%	Low
18	Bruges, West Flanders	$2,583	822	$210	47.0%	Low
19	Ypres, West Flanders	$2,551	92	$269	37.1%	Low
20	Vielsalm, Luxembourg	$2,538	98	$318	36.6%	Low
21	Ciney, Namur	$2,508	48	$244	38.0%	Low
22	Trois-Ponts, Liège	$2,507	47	$284	35.9%	Low
23	Stavelot, Liège	$2,497	156	$315	37.6%	Low
24	Durbuy, Luxembourg	$2,491	350	$268	35.8%	Low
25	Gouvy, Luxembourg	$2,410	45	$285	38.5%	Low
26	Spa, Liège	$2,301	138	$260	36.0%	Low
27	Libin, Luxembourg	$2,300	49	$242	36.9%	Low
28	Deinze, East Flanders	$2,269	45	$204	40.7%	Low
29	Lanaken, Limburg	$2,263	150	$173	50.4%	Low
30	Huy, Liège	$2,248	50	$194	40.7%	Low
31	La Roche-en-Ardenne, Luxembourg	$2,225	98	$258	34.8%	Low
32	Marche-en-Famenne, Luxembourg	$2,189	58	$210	37.1%	Low
33	Dinant, Namur	$2,177	128	$195	40.8%	Low
34	Knokke-Heist, West Flanders	$2,155	654	$263	36.5%	Low
35	Profondeville, Namur	$2,117	75	$219	42.6%	Low
36	Comines-Warneton, Hainaut	$2,113	52	$264	37.8%	Low
37	Paliseul, Luxembourg	$2,113	43	$233	35.1%	Low
38	Esneux, Liège	$2,090	53	$204	46.0%	Low
39	Wenduine, West Flanders	$2,060	81	$193	45.4%	Low
40	Yvoir, Namur	$2,033	60	$224	41.2%	Low
41	Theux, Liège	$2,001	87	$233	39.3%	Low
42	Brussels, Brussels-Capital	$2,000	1,188	$163	51.6%	Low
43	Bouillon, Luxembourg	$1,987	102	$227	34.9%	Low
44	Aywaille, Liège	$1,974	77	$190	40.1%	Low
45	Plombières, Liège	$1,945	47	$251	35.9%	Low
46	Ghent, East Flanders	$1,943	973	$163	49.0%	Low
47	Gesves, Namur	$1,906	46	$286	35.0%	Low
48	Koksijde, West Flanders	$1,887	678	$202	39.5%	Low
49	Vlissegem, West Flanders	$1,881	67	$240	38.3%	Low
50	Daverdisse, Luxembourg	$1,845	45	$226	31.2%	Low
51	Vresse-sur-Semois, Namur	$1,827	73	$186	41.3%	Low
52	Herve, Liège	$1,815	42	$196	39.7%	Low
53	Robertville, Liège	$1,785	62	$283	35.4%	Low
54	Boom, Antwerp	$1,767	84	$761	35.8%	Low
55	De Panne, West Flanders	$1,733	296	$186	39.9%	Low
56	Kortrijk, West Flanders	$1,712	86	$173	44.9%	Low
57	Verviers, Liège	$1,712	77	$204	38.1%	Low
58	Blankenberge, West Flanders	$1,683	327	$199	37.7%	Low
59	Saint-Gilles, Brussels	$1,680	59	$132	56.2%	Low
60	Nieuwpoort, West Flanders	$1,676	308	$203	36.0%	Low
61	Jalhay, Liège	$1,675	123	$222	37.5%	Low
62	Ixelles - Elsene, Brussels-Capital	$1,664	464	$146	50.2%	Low
63	Ostend, West Flanders	$1,648	1,078	$194	37.5%	Low
64	Mechelen, Antwerp	$1,617	111	$163	43.4%	Low
65	Geraardsbergen, East Flanders	$1,615	43	$198	32.7%	Low
66	Ath, Hainaut	$1,590	43	$121	50.0%	Low
67	Klemskerke, West Flanders	$1,584	285	$192	37.6%	Low
68	Middelkerke, West Flanders	$1,568	424	$182	39.5%	Low
69	Woluwe-Saint-Pierre - Sint-Pieters-Woluwe, Brussels-Capital	$1,557	43	$167	48.2%	Low
70	Saint-Josse-ten-Noode - Sint-Joost-ten-Node, Brussels-Capital	$1,510	135	$133	50.7%	Low
71	Antwerp, Antwerp	$1,510	1,776	$156	42.3%	Low
72	Hasselt, Limburg	$1,487	123	$173	39.4%	Low
73	Woluwe-Saint-Lambert - Sint-Lambrechts-Woluwe, Brussels-Capital	$1,462	72	$124	51.1%	Low
74	Anderlecht, Brussels-Capital	$1,416	226	$132	46.1%	Low
75	Florenville, Luxembourg	$1,414	46	$172	33.2%	Low
76	Wavre, Walloon Brabant	$1,403	61	$147	45.6%	Low
77	Namur, Namur	$1,399	310	$135	41.3%	Low
78	Tournai, Hainaut	$1,386	105	$172	34.4%	Low
79	Overijse, Flemish Brabant	$1,377	45	$142	47.3%	Low
80	Molenbeek-Saint-Jean - Sint-Jans-Molenbeek, Brussels-Capital	$1,376	113	$126	46.9%	Low
81	Waterloo, Walloon Brabant	$1,359	56	$138	44.3%	Low
82	Saint-Gilles - Sint-Gillis, Brussels-Capital	$1,348	369	$134	49.8%	Low
83	Etterbeek, Brussels-Capital	$1,339	236	$118	48.4%	Low
84	Schaerbeek - Schaarbeek, Brussels-Capital	$1,303	216	$119	47.5%	Low
85	Uccle - Ukkel, Brussels-Capital	$1,295	162	$165	43.2%	Low
86	Leuven, Flemish Brabant	$1,234	176	$115	47.7%	Low
87	Ottignies-Louvain-la-Neuve, Walloon Brabant	$1,222	56	$134	41.4%	Low
88	Rumst, Antwerp	$1,204	54	$411	44.8%	Low
89	Bredene, West Flanders	$1,128	210	$165	33.4%	Low
90	Mons, Hainaut	$1,122	161	$115	45.0%	Low
91	Auderghem - Oudergem, Brussels-Capital	$1,103	40	$118	50.6%	Low
92	Froidchapelle, Hainaut	$1,073	45	$173	28.1%	Low
93	Forest - Vorst, Brussels-Capital	$1,071	182	$117	45.9%	Low
94	Laeken - Laken, Brussels-Capital	$1,060	75	$109	42.3%	Low
95	Jette, Brussels-Capital	$1,022	51	$113	45.3%	Low
96	Liège, Liège	$1,018	708	$116	40.0%	Low
97	Koekelberg, Brussels-Capital	$1,004	54	$106	42.5%	Low
98	Evere, Brussels-Capital	$970	48	$118	44.9%	Low
99	Aalst, East Flanders	$764	41	$129	34.6%	Low
100	Charleroi, Hainaut	$726	234	$91	38.3%	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 $761/night, generating $1,767/month at 35.8% 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	$761	84	$1,767	35.8%	Low
2	Rumst, Antwerp	$411	54	$1,204	44.8%	Low
3	Heuvelland, West Flanders	$387	56	$3,270	33.9%	Low
4	Manhay, Luxembourg	$348	49	$3,137	36.3%	Low
5	Houffalize, Luxembourg	$337	113	$3,323	37.3%	Low
6	Anhée, Namur	$334	44	$3,395	38.7%	Low
7	Érezée, Luxembourg	$327	71	$3,322	40.8%	Low
8	Stoumont, Liège	$324	85	$3,292	41.5%	Low
9	Malmedy, Liège	$318	214	$2,770	36.5%	Low
10	Vielsalm, Luxembourg	$318	98	$2,538	36.6%	Low
11	Diksmuide, West Flanders	$316	50	$3,161	37.7%	Low
12	Stavelot, Liège	$315	156	$2,497	37.6%	Low
13	Poperinge, West Flanders	$292	52	$2,692	34.5%	Low
14	Damme, West Flanders	$292	56	$3,111	43.4%	Low
15	Oudenaarde, East Flanders	$291	44	$2,618	39.2%	Low
16	Gesves, Namur	$286	46	$1,906	35.0%	Low
17	Gouvy, Luxembourg	$285	45	$2,410	38.5%	Low
18	Trois-Ponts, Liège	$284	47	$2,507	35.9%	Low
19	Robertville, Liège	$283	62	$1,785	35.4%	Low
20	Houyet, Namur	$278	49	$3,021	44.1%	Low
21	Ypres, West Flanders	$269	92	$2,551	37.1%	Low
22	Durbuy, Luxembourg	$268	350	$2,491	35.8%	Low
23	Zedelgem, West Flanders	$267	41	$3,058	47.0%	Low
24	Couvin, Namur	$267	50	$2,749	37.1%	Low
25	Comines-Warneton, Hainaut	$264	52	$2,113	37.8%	Low
26	Knokke-Heist, West Flanders	$263	654	$2,155	36.5%	Low
27	Spa, Liège	$260	138	$2,301	36.0%	Low
28	La Roche-en-Ardenne, Luxembourg	$258	98	$2,225	34.8%	Low
29	Plombières, Liège	$251	47	$1,945	35.9%	Low
30	Riemst, Limburg	$248	58	$3,208	43.7%	Low
31	Ciney, Namur	$244	48	$2,508	38.0%	Low
32	Lierneux, Liège	$244	57	$2,595	40.9%	Low
33	Libin, Luxembourg	$242	49	$2,300	36.9%	Low
34	Vlissegem, West Flanders	$240	67	$1,881	38.3%	Low
35	Bastogne, Luxembourg	$238	65	$3,045	41.8%	Low
36	Theux, Liège	$233	87	$2,001	39.3%	Low
37	Paliseul, Luxembourg	$233	43	$2,113	35.1%	Low
38	Bouillon, Luxembourg	$227	102	$1,987	34.9%	Low
39	Daverdisse, Luxembourg	$226	45	$1,845	31.2%	Low
40	Yvoir, Namur	$224	60	$2,033	41.2%	Low
41	Jalhay, Liège	$222	123	$1,675	37.5%	Low
42	Profondeville, Namur	$219	75	$2,117	42.6%	Low
43	Bruges, West Flanders	$210	822	$2,583	47.0%	Low
44	Marche-en-Famenne, Luxembourg	$210	58	$2,189	37.1%	Low
45	Deinze, East Flanders	$204	45	$2,269	40.7%	Low
46	Verviers, Liège	$204	77	$1,712	38.1%	Low
47	Esneux, Liège	$204	53	$2,090	46.0%	Low
48	Nieuwpoort, West Flanders	$203	308	$1,676	36.0%	Low
49	Koksijde, West Flanders	$202	678	$1,887	39.5%	Low
50	Blankenberge, West Flanders	$199	327	$1,683	37.7%	Low
51	Geraardsbergen, East Flanders	$198	43	$1,615	32.7%	Low
52	Herve, Liège	$196	42	$1,815	39.7%	Low
53	Dinant, Namur	$195	128	$2,177	40.8%	Low
54	Ostend, West Flanders	$194	1,078	$1,648	37.5%	Low
55	Huy, Liège	$194	50	$2,248	40.7%	Low
56	Wenduine, West Flanders	$193	81	$2,060	45.4%	Low
57	Klemskerke, West Flanders	$192	285	$1,584	37.6%	Low
58	Aywaille, Liège	$190	77	$1,974	40.1%	Low
59	Vresse-sur-Semois, Namur	$186	73	$1,827	41.3%	Low
60	De Panne, West Flanders	$186	296	$1,733	39.9%	Low
61	Middelkerke, West Flanders	$182	424	$1,568	39.5%	Low
62	Hasselt, Limburg	$173	123	$1,487	39.4%	Low
63	Kortrijk, West Flanders	$173	86	$1,712	44.9%	Low
64	Froidchapelle, Hainaut	$173	45	$1,073	28.1%	Low
65	Lanaken, Limburg	$173	150	$2,263	50.4%	Low
66	Florenville, Luxembourg	$172	46	$1,414	33.2%	Low
67	Tournai, Hainaut	$172	105	$1,386	34.4%	Low
68	Woluwe-Saint-Pierre - Sint-Pieters-Woluwe, Brussels-Capital	$167	43	$1,557	48.2%	Low
69	Uccle - Ukkel, Brussels-Capital	$165	162	$1,295	43.2%	Low
70	Bredene, West Flanders	$165	210	$1,128	33.4%	Low
71	Mechelen, Antwerp	$163	111	$1,617	43.4%	Low
72	Ghent, East Flanders	$163	973	$1,943	49.0%	Low
73	Brussels, Brussels-Capital	$163	1,188	$2,000	51.6%	Low
74	Antwerp, Antwerp	$156	1,776	$1,510	42.3%	Low
75	Wavre, Walloon Brabant	$147	61	$1,403	45.6%	Low
76	Ixelles - Elsene, Brussels-Capital	$146	464	$1,664	50.2%	Low
77	Overijse, Flemish Brabant	$142	45	$1,377	47.3%	Low
78	Waterloo, Walloon Brabant	$138	56	$1,359	44.3%	Low
79	Namur, Namur	$135	310	$1,399	41.3%	Low
80	Saint-Gilles - Sint-Gillis, Brussels-Capital	$134	369	$1,348	49.8%	Low
81	Ottignies-Louvain-la-Neuve, Walloon Brabant	$134	56	$1,222	41.4%	Low
82	Saint-Josse-ten-Noode - Sint-Joost-ten-Node, Brussels-Capital	$133	135	$1,510	50.7%	Low
83	Anderlecht, Brussels-Capital	$132	226	$1,416	46.1%	Low
84	Saint-Gilles, Brussels	$132	59	$1,680	56.2%	Low
85	Aalst, East Flanders	$129	41	$764	34.6%	Low
86	Molenbeek-Saint-Jean - Sint-Jans-Molenbeek, Brussels-Capital	$126	113	$1,376	46.9%	Low
87	Woluwe-Saint-Lambert - Sint-Lambrechts-Woluwe, Brussels-Capital	$124	72	$1,462	51.1%	Low
88	Ath, Hainaut	$121	43	$1,590	50.0%	Low
89	Schaerbeek - Schaarbeek, Brussels-Capital	$119	216	$1,303	47.5%	Low
90	Auderghem - Oudergem, Brussels-Capital	$118	40	$1,103	50.6%	Low
91	Evere, Brussels-Capital	$118	48	$970	44.9%	Low
92	Etterbeek, Brussels-Capital	$118	236	$1,339	48.4%	Low
93	Forest - Vorst, Brussels-Capital	$117	182	$1,071	45.9%	Low
94	Liège, Liège	$116	708	$1,018	40.0%	Low
95	Leuven, Flemish Brabant	$115	176	$1,234	47.7%	Low
96	Mons, Hainaut	$115	161	$1,122	45.0%	Low
97	Jette, Brussels-Capital	$113	51	$1,022	45.3%	Low
98	Laeken - Laken, Brussels-Capital	$109	75	$1,060	42.3%	Low
99	Koekelberg, Brussels-Capital	$106	54	$1,004	42.5%	Low
100	Charleroi, Hainaut	$91	234	$726	38.3%	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 51.6% occupancy, $2,000/month revenue, and 1,188 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	51.6%	1,188	$2,000	$163	Low
2	Ixelles - Elsene, Brussels-Capital	50.2%	464	$1,664	$146	Low
3	Saint-Gilles - Sint-Gillis, Brussels-Capital	49.8%	369	$1,348	$134	Low
4	Ghent, East Flanders	49.0%	973	$1,943	$163	Low
5	Bruges, West Flanders	47.0%	822	$2,583	$210	Low
6	Antwerp, Antwerp	42.3%	1,776	$1,510	$156	Low
7	Namur, Namur	41.3%	310	$1,399	$135	Low
8	Liège, Liège	40.0%	708	$1,018	$116	Low
9	Koksijde, West Flanders	39.5%	678	$1,887	$202	Low
10	Middelkerke, West Flanders	39.5%	424	$1,568	$182	Low
11	Blankenberge, West Flanders	37.7%	327	$1,683	$199	Low
12	Ostend, West Flanders	37.5%	1,078	$1,648	$194	Low
13	Knokke-Heist, West Flanders	36.5%	654	$2,155	$263	Low
14	Nieuwpoort, West Flanders	36.0%	308	$1,676	$203	Low
15	Durbuy, Luxembourg	35.8%	350	$2,491	$268	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 1,776 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 $3,395. 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 56.2%. 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 $761 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 41.0% occupancy, and the top performer posts $3,395 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 41.0%. 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 75 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 2026-05-04. 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 Walloon Brabant West Flanders