Gross rental yields in Belgium: Brussels and 7 other cities

The average gross rental yield in Belgium stands at 4.24% (Q1 2025). Previously, in Q1 2024 the rental yield was 4.20%.

Cities and areas compared
  • Brussels
  • Brugge
  • Antwerp
  • Oostend
  • Liège
  • Kortrijk
  • Mechelen
  • Leuven
Historical rental yields in Belgium

View the full rental yields dataset (2022 - Present)


 

Last Updated: Jan. 09, 2025
Next Update: July 2025

BRUSSELS - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Brussels District (combined)  
Studio €190,000 €850 5.37%
1-Bedroom €229,000 €1,100 5.76%
2-Bedroom €299,000 €1,500 6.02%
3-Bedroom €450,000 €2,163 5.77%
4+Bedroom €689,500 €2,800 4.87%
Brussels City      
Studio €194,000 €950 5.88%
1-Bedroom €255,000 €1,150 5.41%
2-Bedroom €395,000 €1,750 5.32%
3-Bedroom €559,000 €2,325 4.99%
Brussels avg. Rental Yields 5.56%
ANTWERP - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Antwerp (combined)  
Studio €159,000 €800 6.04%
1-Bedroom €235,000 €885 4.52%
2-Bedroom €275,000 €1,100 4.80%
3-Bedroom €358,500 €1,500 5.02%
Antwerp City  
Studio €230,000 €910 4.75%
1-Bedroom €284,500 €998 4.21%
2-Bedroom €493,950 €1,350 3.28%
3-Bedroom €696,600 €1,920 3.31%
Antwerp avg. Rental Yields 5.09%
BRUGGE - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Brugge (all locations)  
1-Bedroom €260,000 €815 3.76%
2-Bedroom €525,000 €1,085 2.48%
3-Bedroom €1,095,000 €1,820 1.99%
Brugge avg. Rental Yields 2.75%
OOSTEND - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Oostend (all locations)  
Studio €144,000 €600 5.00%
1-Bedroom €199,750 €725 4.36%
2-Bedroom €289,000 €825 3.43%
Oostend avg. Rental Yields 4.26%
LIÈGE - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Liège (all locations)  
Studio €126,000 €565 5.38%
1-Bedroom €169,000 €675 4.79%
2-Bedroom €239,000 €898 4.51%
3-Bedroom €279,000 €1,000 4.30%
Liège avg. Rental Yields 4.75%
KORTRIJK - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Kortrijk (all locations)  
1-Bedroom €214,900 €700 3.91%
2-Bedroom €289,000 €840 3.49%
Kortrijk avg. Rental Yields 3.70%
LEUVEN - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Leuven (all locations)  
Studio €239,000 €750 3.77%
1-Bedroom €235,000 €850 4.34%
2-Bedroom €330,000 €1,025 3.73%
3-Bedroom €407,000 €1,250 3.69%
Leuven avg. Rental Yields 3.88%
MECHELEN - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Mechelen (all locations)  
1-Bedroom €238,493 €850 4.28%
2-Bedroom €305,000 €950 3.74%
3-Bedroom €375,000 €1,200 3.84%
Mechelen avg. Rental Yields 3.95%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide and Immoweb.be

Research Methodology:

Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, 3-bedroom across the largest cities in Belgium, comparing median rental prices with median purchase prices to determine gross rental yields.

We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:

(Median Monthly Rent × 12) ÷ Median Purchase Price × 100

For example, if the median monthly rent is €500 and the median purchase price is €100,000, the yield is calculated as:

(€500 × 12) ÷ €100,000 = 6% Gross Rental Yield

Note: NET yields vary from country to country, but are usually 1.5-2% lower. 

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