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

Source: AirROI Reviewed by Jun Zhou , Founder @ AirROI

Updated: 2026-06-02

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 1,964 active listings and $1,478/month revenue. Across all ranked markets, average occupancy is 40.7% with $1,883/month in average revenue and $218/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 1,964 active short-term rental listings and $1,478/month in average revenue.

#	Market	Active Listings (TTM)	Revenue/mo	ADR	Occupancy	Regulation
1	Antwerp, Antwerp	1,964	$1,478	$165	41.6%	Low
2	Brussels, Brussels-Capital	1,320	$1,912	$166	50.7%	Low
3	Ostend, West Flanders	1,181	$1,587	$200	36.8%	Low
4	Ghent, East Flanders	1,069	$1,920	$171	48.3%	Low
5	Bruges, West Flanders	896	$2,506	$215	46.3%	Low
6	Liège, Liège	795	$993	$123	39.2%	Low
7	Koksijde, West Flanders	769	$1,788	$212	38.0%	Low
8	Knokke-Heist, West Flanders	722	$2,046	$276	35.8%	Low
9	Middelkerke, West Flanders	469	$1,491	$182	38.8%	Low
10	Ixelles - Elsene, Brussels-Capital	438	$1,724	$153	50.2%	Low
11	Durbuy, Luxembourg	398	$2,411	$274	35.3%	Low
12	Blankenberge, West Flanders	385	$1,562	$202	36.3%	Low
13	Nieuwpoort, West Flanders	349	$1,597	$210	34.7%	Low
14	Saint-Gilles - Sint-Gillis, Brussels-Capital	345	$1,389	$143	48.8%	Low
15	De Panne, West Flanders	331	$1,654	$194	38.3%	Low
16	Namur, Namur	327	$1,414	$142	41.5%	Low
17	Charleroi, Hainaut	282	$685	$95	38.2%	Low
18	Klemskerke, West Flanders	279	$1,642	$199	38.0%	Low
19	Anderlecht, Brussels-Capital	260	$1,366	$138	45.2%	Low
20	Etterbeek, Brussels-Capital	242	$1,367	$126	48.8%	Low
21	Schaerbeek - Schaarbeek, Brussels-Capital	227	$1,283	$125	46.2%	Low
22	Malmedy, Liège	225	$2,710	$321	36.2%	Low
23	Bredene, West Flanders	217	$1,130	$169	33.4%	Low
24	Mons, Hainaut	196	$1,065	$124	43.3%	Low
25	Leuven, Flemish Brabant	193	$1,215	$121	45.8%	Low
26	Stavelot, Liège	172	$2,375	$335	36.5%	Low
27	Forest - Vorst, Brussels-Capital	169	$1,127	$124	45.3%	Low
28	Lanaken, Limburg	160	$2,271	$176	50.1%	Low
29	Uccle - Ukkel, Brussels-Capital	152	$1,326	$169	42.1%	Low
30	Spa, Liège	151	$2,233	$271	36.1%	Low
31	Saint-Josse-ten-Noode - Sint-Joost-ten-Node, Brussels-Capital	142	$1,474	$134	49.8%	Low
32	Hasselt, Limburg	137	$1,434	$180	39.4%	Low
33	Jalhay, Liège	135	$1,653	$227	36.7%	Low
34	Dinant, Namur	133	$2,255	$201	42.1%	Low
35	Houffalize, Luxembourg	128	$3,173	$339	36.3%	Low
36	Molenbeek-Saint-Jean - Sint-Jans-Molenbeek, Brussels-Capital	127	$1,311	$135	45.4%	Low
37	Mechelen, Antwerp	125	$1,588	$170	42.7%	Low
38	Tournai, Hainaut	121	$1,363	$177	34.9%	Low
39	Bouillon, Luxembourg	108	$1,964	$232	34.4%	Low
40	Ypres, West Flanders	107	$2,379	$274	36.0%	Low
41	Vielsalm, Luxembourg	106	$2,478	$320	36.4%	Low
42	La Roche-en-Ardenne, Luxembourg	104	$2,253	$269	36.0%	Low
43	Elsene, Brussels	102	$848	$163	43.2%	Low
44	Kortrijk, West Flanders	101	$1,663	$175	43.9%	Low
45	Theux, Liège	96	$1,979	$241	38.9%	Low
46	Boom, Antwerp	87	$1,747	$776	34.6%	Low
47	Stoumont, Liège	87	$3,411	$329	42.2%	Low
48	Verviers, Liège	87	$1,681	$208	37.0%	Low
49	Profondeville, Namur	86	$2,067	$229	41.8%	Low
50	Aywaille, Liège	85	$2,003	$197	42.3%	Low
51	Vresse-sur-Semois, Namur	84	$1,721	$190	40.1%	Low
52	Érezée, Luxembourg	81	$3,452	$352	41.9%	Low
53	De Haan, Vlaams Gewest	81	$1,271	$206	33.7%	Low
54	Wenduine, West Flanders	79	$2,162	$198	46.9%	Low
55	Laeken - Laken, Brussels-Capital	73	$1,075	$116	41.2%	Low
56	Bastogne, Luxembourg	70	$3,024	$253	40.0%	Low
57	Woluwe-Saint-Lambert - Sint-Lambrechts-Woluwe, Brussels-Capital	69	$1,619	$129	52.3%	Low
58	Marche-en-Famenne, Luxembourg	69	$2,081	$221	37.3%	Low
59	Sint-Gillis, Brussels	67	$911	$118	49.2%	Low
60	Wavre, Walloon Brabant	67	$1,427	$171	44.4%	Low
61	Waterloo, Walloon Brabant	66	$1,302	$148	42.5%	Low
62	Vlissegem, West Flanders	66	$1,903	$246	39.2%	Low
63	Yvoir, Namur	64	$2,107	$240	40.7%	Low
64	Robertville, Liège	62	$1,805	$290	34.9%	Low
65	Heuvelland, West Flanders	62	$3,240	$389	33.8%	Low
66	Saint-Gilles, Brussels	60	$1,902	$140	60.5%	Low
67	Jette, Brussels-Capital	60	$970	$128	42.8%	Low
68	Riemst, Limburg	60	$3,279	$260	44.2%	Low
69	Koekelberg, Brussels-Capital	59	$1,030	$110	46.8%	Low
70	Lierneux, Liège	59	$2,551	$242	39.3%	Low
71	Couvin, Namur	59	$2,507	$270	35.6%	Low
72	Damme, West Flanders	59	$3,028	$293	41.9%	Low
73	Esneux, Liège	58	$2,121	$216	45.5%	Low
74	Huy, Liège	57	$2,018	$191	38.6%	Low
75	Froidchapelle, Hainaut	56	$1,091	$195	28.8%	Low
76	Rumst, Antwerp	55	$1,240	$423	46.1%	Low
77	Comines-Warneton, Hainaut	55	$2,127	$266	38.7%	Low
78	Ciney, Namur	54	$2,450	$250	38.7%	Low
79	Ottignies-Louvain-la-Neuve, Walloon Brabant	54	$1,314	$141	42.3%	Low
80	Diksmuide, West Flanders	54	$3,066	$321	37.2%	Low
81	Poperinge, West Flanders	54	$2,687	$299	33.9%	Low
82	Trois-Ponts, Liège	53	$2,412	$274	35.9%	Low
83	Zaventem, Flemish Brabant	51	$1,069	$133	38.8%	Low
84	Manhay, Luxembourg	51	$3,193	$357	36.4%	Low
85	Plombières, Liège	50	$1,935	$237	35.6%	Low
86	Florenville, Luxembourg	50	$1,446	$181	32.3%	Low
87	Houyet, Namur	50	$3,145	$281	43.9%	Low
88	Zutendaal, Limburg	49	$1,689	$194	43.8%	Low
89	Gouvy, Luxembourg	49	$2,427	$315	37.7%	Low
90	Gesves, Namur	49	$2,068	$298	35.6%	Low
91	Evere, Brussels-Capital	48	$938	$126	43.6%	Low
92	Ath, Hainaut	48	$1,656	$132	50.8%	Low
93	Libin, Luxembourg	48	$2,433	$250	38.2%	Low
94	Geraardsbergen, East Flanders	47	$1,572	$196	33.2%	Low
95	Oudenaarde, East Flanders	47	$2,589	$302	38.5%	Low
96	Overijse, Flemish Brabant	47	$1,342	$146	44.4%	Low
97	Paliseul, Luxembourg	47	$2,182	$234	36.0%	Low
98	Woluwe-Saint-Pierre - Sint-Pieters-Woluwe, Brussels-Capital	46	$1,521	$208	47.5%	Low
99	Deinze, East Flanders	46	$2,302	$211	40.4%	Low
100	Herve, Liège	46	$1,896	$231	39.3%	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. Érezée, Luxembourg leads with $3,452/month at $352 ADR and 41.9% 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	Érezée, Luxembourg	$3,452	81	$352	41.9%	Low
2	Stoumont, Liège	$3,411	87	$329	42.2%	Low
3	Riemst, Limburg	$3,279	60	$260	44.2%	Low
4	Heuvelland, West Flanders	$3,240	62	$389	33.8%	Low
5	Manhay, Luxembourg	$3,193	51	$357	36.4%	Low
6	Houffalize, Luxembourg	$3,173	128	$339	36.3%	Low
7	Houyet, Namur	$3,145	50	$281	43.9%	Low
8	Diksmuide, West Flanders	$3,066	54	$321	37.2%	Low
9	Damme, West Flanders	$3,028	59	$293	41.9%	Low
10	Bastogne, Luxembourg	$3,024	70	$253	40.0%	Low
11	Malmedy, Liège	$2,710	225	$321	36.2%	Low
12	Poperinge, West Flanders	$2,687	54	$299	33.9%	Low
13	Oudenaarde, East Flanders	$2,589	47	$302	38.5%	Low
14	Lierneux, Liège	$2,551	59	$242	39.3%	Low
15	Couvin, Namur	$2,507	59	$270	35.6%	Low
16	Bruges, West Flanders	$2,506	896	$215	46.3%	Low
17	Vielsalm, Luxembourg	$2,478	106	$320	36.4%	Low
18	Ciney, Namur	$2,450	54	$250	38.7%	Low
19	Libin, Luxembourg	$2,433	48	$250	38.2%	Low
20	Gouvy, Luxembourg	$2,427	49	$315	37.7%	Low
21	Trois-Ponts, Liège	$2,412	53	$274	35.9%	Low
22	Durbuy, Luxembourg	$2,411	398	$274	35.3%	Low
23	Ypres, West Flanders	$2,379	107	$274	36.0%	Low
24	Stavelot, Liège	$2,375	172	$335	36.5%	Low
25	Deinze, East Flanders	$2,302	46	$211	40.4%	Low
26	Lanaken, Limburg	$2,271	160	$176	50.1%	Low
27	Dinant, Namur	$2,255	133	$201	42.1%	Low
28	La Roche-en-Ardenne, Luxembourg	$2,253	104	$269	36.0%	Low
29	Spa, Liège	$2,233	151	$271	36.1%	Low
30	Paliseul, Luxembourg	$2,182	47	$234	36.0%	Low
31	Wenduine, West Flanders	$2,162	79	$198	46.9%	Low
32	Comines-Warneton, Hainaut	$2,127	55	$266	38.7%	Low
33	Esneux, Liège	$2,121	58	$216	45.5%	Low
34	Yvoir, Namur	$2,107	64	$240	40.7%	Low
35	Marche-en-Famenne, Luxembourg	$2,081	69	$221	37.3%	Low
36	Gesves, Namur	$2,068	49	$298	35.6%	Low
37	Profondeville, Namur	$2,067	86	$229	41.8%	Low
38	Knokke-Heist, West Flanders	$2,046	722	$276	35.8%	Low
39	Huy, Liège	$2,018	57	$191	38.6%	Low
40	Aywaille, Liège	$2,003	85	$197	42.3%	Low
41	Theux, Liège	$1,979	96	$241	38.9%	Low
42	Bouillon, Luxembourg	$1,964	108	$232	34.4%	Low
43	Plombières, Liège	$1,935	50	$237	35.6%	Low
44	Ghent, East Flanders	$1,920	1,069	$171	48.3%	Low
45	Brussels, Brussels-Capital	$1,912	1,320	$166	50.7%	Low
46	Vlissegem, West Flanders	$1,903	66	$246	39.2%	Low
47	Saint-Gilles, Brussels	$1,902	60	$140	60.5%	Low
48	Herve, Liège	$1,896	46	$231	39.3%	Low
49	Robertville, Liège	$1,805	62	$290	34.9%	Low
50	Koksijde, West Flanders	$1,788	769	$212	38.0%	Low
51	Boom, Antwerp	$1,747	87	$776	34.6%	Low
52	Ixelles - Elsene, Brussels-Capital	$1,724	438	$153	50.2%	Low
53	Vresse-sur-Semois, Namur	$1,721	84	$190	40.1%	Low
54	Zutendaal, Limburg	$1,689	49	$194	43.8%	Low
55	Verviers, Liège	$1,681	87	$208	37.0%	Low
56	Kortrijk, West Flanders	$1,663	101	$175	43.9%	Low
57	Ath, Hainaut	$1,656	48	$132	50.8%	Low
58	De Panne, West Flanders	$1,654	331	$194	38.3%	Low
59	Jalhay, Liège	$1,653	135	$227	36.7%	Low
60	Klemskerke, West Flanders	$1,642	279	$199	38.0%	Low
61	Woluwe-Saint-Lambert - Sint-Lambrechts-Woluwe, Brussels-Capital	$1,619	69	$129	52.3%	Low
62	Nieuwpoort, West Flanders	$1,597	349	$210	34.7%	Low
63	Mechelen, Antwerp	$1,588	125	$170	42.7%	Low
64	Ostend, West Flanders	$1,587	1,181	$200	36.8%	Low
65	Geraardsbergen, East Flanders	$1,572	47	$196	33.2%	Low
66	Blankenberge, West Flanders	$1,562	385	$202	36.3%	Low
67	Woluwe-Saint-Pierre - Sint-Pieters-Woluwe, Brussels-Capital	$1,521	46	$208	47.5%	Low
68	Middelkerke, West Flanders	$1,491	469	$182	38.8%	Low
69	Antwerp, Antwerp	$1,478	1,964	$165	41.6%	Low
70	Saint-Josse-ten-Noode - Sint-Joost-ten-Node, Brussels-Capital	$1,474	142	$134	49.8%	Low
71	Florenville, Luxembourg	$1,446	50	$181	32.3%	Low
72	Hasselt, Limburg	$1,434	137	$180	39.4%	Low
73	Wavre, Walloon Brabant	$1,427	67	$171	44.4%	Low
74	Namur, Namur	$1,414	327	$142	41.5%	Low
75	Saint-Gilles - Sint-Gillis, Brussels-Capital	$1,389	345	$143	48.8%	Low
76	Etterbeek, Brussels-Capital	$1,367	242	$126	48.8%	Low
77	Anderlecht, Brussels-Capital	$1,366	260	$138	45.2%	Low
78	Tournai, Hainaut	$1,363	121	$177	34.9%	Low
79	Overijse, Flemish Brabant	$1,342	47	$146	44.4%	Low
80	Uccle - Ukkel, Brussels-Capital	$1,326	152	$169	42.1%	Low
81	Ottignies-Louvain-la-Neuve, Walloon Brabant	$1,314	54	$141	42.3%	Low
82	Molenbeek-Saint-Jean - Sint-Jans-Molenbeek, Brussels-Capital	$1,311	127	$135	45.4%	Low
83	Waterloo, Walloon Brabant	$1,302	66	$148	42.5%	Low
84	Schaerbeek - Schaarbeek, Brussels-Capital	$1,283	227	$125	46.2%	Low
85	De Haan, Vlaams Gewest	$1,271	81	$206	33.7%	Low
86	Rumst, Antwerp	$1,240	55	$423	46.1%	Low
87	Leuven, Flemish Brabant	$1,215	193	$121	45.8%	Low
88	Bredene, West Flanders	$1,130	217	$169	33.4%	Low
89	Forest - Vorst, Brussels-Capital	$1,127	169	$124	45.3%	Low
90	Froidchapelle, Hainaut	$1,091	56	$195	28.8%	Low
91	Laeken - Laken, Brussels-Capital	$1,075	73	$116	41.2%	Low
92	Zaventem, Flemish Brabant	$1,069	51	$133	38.8%	Low
93	Mons, Hainaut	$1,065	196	$124	43.3%	Low
94	Koekelberg, Brussels-Capital	$1,030	59	$110	46.8%	Low
95	Liège, Liège	$993	795	$123	39.2%	Low
96	Jette, Brussels-Capital	$970	60	$128	42.8%	Low
97	Evere, Brussels-Capital	$938	48	$126	43.6%	Low
98	Sint-Gillis, Brussels	$911	67	$118	49.2%	Low
99	Elsene, Brussels	$848	102	$163	43.2%	Low
100	Charleroi, Hainaut	$685	282	$95	38.2%	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 $776/night, generating $1,747/month at 34.6% 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	$776	87	$1,747	34.6%	Low
2	Rumst, Antwerp	$423	55	$1,240	46.1%	Low
3	Heuvelland, West Flanders	$389	62	$3,240	33.8%	Low
4	Manhay, Luxembourg	$357	51	$3,193	36.4%	Low
5	Érezée, Luxembourg	$352	81	$3,452	41.9%	Low
6	Houffalize, Luxembourg	$339	128	$3,173	36.3%	Low
7	Stavelot, Liège	$335	172	$2,375	36.5%	Low
8	Stoumont, Liège	$329	87	$3,411	42.2%	Low
9	Diksmuide, West Flanders	$321	54	$3,066	37.2%	Low
10	Malmedy, Liège	$321	225	$2,710	36.2%	Low
11	Vielsalm, Luxembourg	$320	106	$2,478	36.4%	Low
12	Gouvy, Luxembourg	$315	49	$2,427	37.7%	Low
13	Oudenaarde, East Flanders	$302	47	$2,589	38.5%	Low
14	Poperinge, West Flanders	$299	54	$2,687	33.9%	Low
15	Gesves, Namur	$298	49	$2,068	35.6%	Low
16	Damme, West Flanders	$293	59	$3,028	41.9%	Low
17	Robertville, Liège	$290	62	$1,805	34.9%	Low
18	Houyet, Namur	$281	50	$3,145	43.9%	Low
19	Knokke-Heist, West Flanders	$276	722	$2,046	35.8%	Low
20	Durbuy, Luxembourg	$274	398	$2,411	35.3%	Low
21	Ypres, West Flanders	$274	107	$2,379	36.0%	Low
22	Trois-Ponts, Liège	$274	53	$2,412	35.9%	Low
23	Spa, Liège	$271	151	$2,233	36.1%	Low
24	Couvin, Namur	$270	59	$2,507	35.6%	Low
25	La Roche-en-Ardenne, Luxembourg	$269	104	$2,253	36.0%	Low
26	Comines-Warneton, Hainaut	$266	55	$2,127	38.7%	Low
27	Riemst, Limburg	$260	60	$3,279	44.2%	Low
28	Bastogne, Luxembourg	$253	70	$3,024	40.0%	Low
29	Libin, Luxembourg	$250	48	$2,433	38.2%	Low
30	Ciney, Namur	$250	54	$2,450	38.7%	Low
31	Vlissegem, West Flanders	$246	66	$1,903	39.2%	Low
32	Lierneux, Liège	$242	59	$2,551	39.3%	Low
33	Theux, Liège	$241	96	$1,979	38.9%	Low
34	Yvoir, Namur	$240	64	$2,107	40.7%	Low
35	Plombières, Liège	$237	50	$1,935	35.6%	Low
36	Paliseul, Luxembourg	$234	47	$2,182	36.0%	Low
37	Bouillon, Luxembourg	$232	108	$1,964	34.4%	Low
38	Herve, Liège	$231	46	$1,896	39.3%	Low
39	Profondeville, Namur	$229	86	$2,067	41.8%	Low
40	Jalhay, Liège	$227	135	$1,653	36.7%	Low
41	Marche-en-Famenne, Luxembourg	$221	69	$2,081	37.3%	Low
42	Esneux, Liège	$216	58	$2,121	45.5%	Low
43	Bruges, West Flanders	$215	896	$2,506	46.3%	Low
44	Koksijde, West Flanders	$212	769	$1,788	38.0%	Low
45	Deinze, East Flanders	$211	46	$2,302	40.4%	Low
46	Nieuwpoort, West Flanders	$210	349	$1,597	34.7%	Low
47	Woluwe-Saint-Pierre - Sint-Pieters-Woluwe, Brussels-Capital	$208	46	$1,521	47.5%	Low
48	Verviers, Liège	$208	87	$1,681	37.0%	Low
49	De Haan, Vlaams Gewest	$206	81	$1,271	33.7%	Low
50	Blankenberge, West Flanders	$202	385	$1,562	36.3%	Low
51	Dinant, Namur	$201	133	$2,255	42.1%	Low
52	Ostend, West Flanders	$200	1,181	$1,587	36.8%	Low
53	Klemskerke, West Flanders	$199	279	$1,642	38.0%	Low
54	Wenduine, West Flanders	$198	79	$2,162	46.9%	Low
55	Aywaille, Liège	$197	85	$2,003	42.3%	Low
56	Geraardsbergen, East Flanders	$196	47	$1,572	33.2%	Low
57	Froidchapelle, Hainaut	$195	56	$1,091	28.8%	Low
58	Zutendaal, Limburg	$194	49	$1,689	43.8%	Low
59	De Panne, West Flanders	$194	331	$1,654	38.3%	Low
60	Huy, Liège	$191	57	$2,018	38.6%	Low
61	Vresse-sur-Semois, Namur	$190	84	$1,721	40.1%	Low
62	Middelkerke, West Flanders	$182	469	$1,491	38.8%	Low
63	Florenville, Luxembourg	$181	50	$1,446	32.3%	Low
64	Hasselt, Limburg	$180	137	$1,434	39.4%	Low
65	Tournai, Hainaut	$177	121	$1,363	34.9%	Low
66	Lanaken, Limburg	$176	160	$2,271	50.1%	Low
67	Kortrijk, West Flanders	$175	101	$1,663	43.9%	Low
68	Wavre, Walloon Brabant	$171	67	$1,427	44.4%	Low
69	Ghent, East Flanders	$171	1,069	$1,920	48.3%	Low
70	Mechelen, Antwerp	$170	125	$1,588	42.7%	Low
71	Uccle - Ukkel, Brussels-Capital	$169	152	$1,326	42.1%	Low
72	Bredene, West Flanders	$169	217	$1,130	33.4%	Low
73	Brussels, Brussels-Capital	$166	1,320	$1,912	50.7%	Low
74	Antwerp, Antwerp	$165	1,964	$1,478	41.6%	Low
75	Elsene, Brussels	$163	102	$848	43.2%	Low
76	Ixelles - Elsene, Brussels-Capital	$153	438	$1,724	50.2%	Low
77	Waterloo, Walloon Brabant	$148	66	$1,302	42.5%	Low
78	Overijse, Flemish Brabant	$146	47	$1,342	44.4%	Low
79	Saint-Gilles - Sint-Gillis, Brussels-Capital	$143	345	$1,389	48.8%	Low
80	Namur, Namur	$142	327	$1,414	41.5%	Low
81	Ottignies-Louvain-la-Neuve, Walloon Brabant	$141	54	$1,314	42.3%	Low
82	Saint-Gilles, Brussels	$140	60	$1,902	60.5%	Low
83	Anderlecht, Brussels-Capital	$138	260	$1,366	45.2%	Low
84	Molenbeek-Saint-Jean - Sint-Jans-Molenbeek, Brussels-Capital	$135	127	$1,311	45.4%	Low
85	Saint-Josse-ten-Noode - Sint-Joost-ten-Node, Brussels-Capital	$134	142	$1,474	49.8%	Low
86	Zaventem, Flemish Brabant	$133	51	$1,069	38.8%	Low
87	Ath, Hainaut	$132	48	$1,656	50.8%	Low
88	Woluwe-Saint-Lambert - Sint-Lambrechts-Woluwe, Brussels-Capital	$129	69	$1,619	52.3%	Low
89	Jette, Brussels-Capital	$128	60	$970	42.8%	Low
90	Etterbeek, Brussels-Capital	$126	242	$1,367	48.8%	Low
91	Evere, Brussels-Capital	$126	48	$938	43.6%	Low
92	Schaerbeek - Schaarbeek, Brussels-Capital	$125	227	$1,283	46.2%	Low
93	Mons, Hainaut	$124	196	$1,065	43.3%	Low
94	Forest - Vorst, Brussels-Capital	$124	169	$1,127	45.3%	Low
95	Liège, Liège	$123	795	$993	39.2%	Low
96	Leuven, Flemish Brabant	$121	193	$1,215	45.8%	Low
97	Sint-Gillis, Brussels	$118	67	$911	49.2%	Low
98	Laeken - Laken, Brussels-Capital	$116	73	$1,075	41.2%	Low
99	Koekelberg, Brussels-Capital	$110	59	$1,030	46.8%	Low
100	Charleroi, Hainaut	$95	282	$685	38.2%	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 50.7% occupancy, $1,912/month revenue, and 1,320 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	50.7%	1,320	$1,912	$166	Low
2	Ixelles - Elsene, Brussels-Capital	50.2%	438	$1,724	$153	Low
3	Saint-Gilles - Sint-Gillis, Brussels-Capital	48.8%	345	$1,389	$143	Low
4	Ghent, East Flanders	48.3%	1,069	$1,920	$171	Low
5	Bruges, West Flanders	46.3%	896	$2,506	$215	Low
6	Antwerp, Antwerp	41.6%	1,964	$1,478	$165	Low
7	Namur, Namur	41.5%	327	$1,414	$142	Low
8	Liège, Liège	39.2%	795	$993	$123	Low
9	Middelkerke, West Flanders	38.8%	469	$1,491	$182	Low
10	De Panne, West Flanders	38.3%	331	$1,654	$194	Low
11	Koksijde, West Flanders	38.0%	769	$1,788	$212	Low
12	Ostend, West Flanders	36.8%	1,181	$1,587	$200	Low
13	Blankenberge, West Flanders	36.3%	385	$1,562	$202	Low
14	Knokke-Heist, West Flanders	35.8%	722	$2,046	$276	Low
15	Durbuy, Luxembourg	35.3%	398	$2,411	$274	Low
16	Nieuwpoort, West Flanders	34.7%	349	$1,597	$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 1,964 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?

Érezée, Luxembourg posts the highest average monthly revenue in this ranking at $3,452. 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 60.5%. 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 $776 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 40.7% occupancy, and the top performer posts $3,452 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 40.7%. 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 85 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 2026-06-02. 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 East Flanders Flemish Brabant Hainaut Limburg Liège Luxembourg Namur Vlaams Gewest Wallonia Walloon Brabant West Flanders