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)
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Last Updated: Jan. 09, 2025 |
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| 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 |
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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.