Belgium House Prices, Rents & Rental Yields (2026)
How much property costs in Belgium, what it rents for and how that compares with neighbouring markets in Western Europe. City-centre prices per m² rank 7 of 7 in this comparison; gross yields rank 2 of 7.
- Apartment price per m² (city centre)
- $4,162
- 2023
- Apartment price per m² (outside centre)
- $3,460
- 2023
- Gross rental yield (city centre)
- 4.7%
- 2024
- Price-to-income ratio
- 6.8
- 2024
- Rent: 1-bedroom, city centre
- $952/mo
- 2023
- Mortgage interest rate (20-year fixed)
- 3.6%
- 2023
Price and rent trends in Belgium
Latest property market indicators
| Indicator | Value | Year | Change | Source |
|---|---|---|---|---|
| Apartment price per m² (city centre)Average asking price per square metre to buy an apartment in city centres | $4,162 | 2023 | +4.6% vs 2022 | Numbeo |
| Apartment price per m² (outside centre)Average price per square metre to buy an apartment outside city centres | $3,460 | 2023 | +7.1% vs 2022 | Numbeo |
| Price-to-income ratioMedian apartment price divided by median annual disposable family income | 6.8 | 2024 | +4.6% vs 2023 | Numbeo |
| Gross rental yield (city centre)Annual rent as a percentage of purchase price, city-centre apartments | 4.7% | 2024 | ±0.0 pp vs 2023 | Numbeo |
| Price-to-rent ratio (city centre)Purchase price divided by annual rent, city-centre apartments | 21.4 | 2024 | +1.4% vs 2023 | Numbeo |
| Rent: 1-bedroom, city centreAverage monthly rent of a one-bedroom apartment in the city centre | $952/mo | 2023 | +7.6% vs 2022 | Numbeo |
| Rent: 1-bedroom, outside centreAverage monthly rent of a one-bedroom apartment outside the centre | $839/mo | 2023 | +11.2% vs 2022 | Numbeo |
| Rent: 3-bedroom, city centreAverage monthly rent of a three-bedroom apartment in the city centre | $1,543/mo | 2023 | +14.1% vs 2022 | Numbeo |
| Rent: 3-bedroom, outside centreAverage monthly rent of a three-bedroom apartment outside the centre | $1,315/mo | 2023 | +17.3% vs 2022 | Numbeo |
| Mortgage interest rate (20-year fixed)Average yearly mortgage interest rate, 20-year fixed | 3.6% | 2023 | +1.3 pp vs 2022 | Numbeo |
| Home ownership rateShare of owner-occupied dwellings | 71.9% | 2024 | ±0.0 pp vs 2023 | Trading Economics |
Year-by-year data
| Year | Apartment price per m² (city centre) | Apartment price per m² (outside centre) | Price-to-income ratio | Gross rental yield (city centre) | Price-to-rent ratio (city centre) | Rent: 1-bedroom, city centre | Rent: 1-bedroom, outside centre | Rent: 3-bedroom, city centre | Rent: 3-bedroom, outside centre | Mortgage interest rate (20-year fixed) | Home ownership rate |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | — | — | 6.8 | 4.7% | 21.4 | — | — | — | — | — | 71.9% |
| 2023 | $4,162 | $3,460 | 6.5 | 4.7% | 21.1 | $952/mo | $839/mo | $1,543/mo | $1,315/mo | 3.6% | 71.9% |
| 2022 | $3,981 | $3,231 | 7.1 | 4.6% | 21.7 | $885/mo | $754/mo | $1,352/mo | $1,121/mo | 2.3% | 72.5% |
| 2021 | $4,308 | $3,671 | 6.9 | 4.7% | 21.3 | $964/mo | $821/mo | $1,529/mo | $1,234/mo | 1.5% | 71.3% |
| 2020 | $3,467 | $2,815 | 6.9 | 4.9% | 20.3 | $841/mo | $700/mo | $1,347/mo | $1,111/mo | 1.7% | 71.1% |
| 2019 | $3,614 | $2,791 | 7.2 | 5.0% | 19.8 | $867/mo | $715/mo | $1,421/mo | $1,122/mo | 1.8% | 71.3% |
| 2018 | $3,672 | $3,019 | 7.1 | 4.9% | 20.3 | $878/mo | $751/mo | $1,469/mo | $1,192/mo | 2.1% | 72.3% |
| 2017 | $3,363 | $2,949 | 7 | 5.8% | 17.2 | $824/mo | $693/mo | $1,340/mo | $1,083/mo | 2.4% | 72.4% |
Belgium compared with Western Europe
| Country | Apartment price per m² (city centre) | Gross rental yield (city centre) | Price-to-income ratio | Mortgage interest rate (20-year fixed) |
|---|---|---|---|---|
| Belgium | $4,162 | 4.7% | 6.8 | 3.6% |
| Austria | $7,525 | 3.1% | 11 | 3.1% |
| France | $6,629 | 2.6% | 12.3 | 3.2% |
| Germany | $7,209 | 3.4% | 9.8 | 3.8% |
| Luxembourg | $11,033 | 3.2% | 9.1 | 2.2% |
| Netherlands | $6,165 | 5.0% | 7.4 | 3.6% |
| Switzerland | $17,826 | 2.7% | 11.1 | 2.5% |
Related
- Properties for sale in Belgium (9,695)
- Mortgages in Belgium for foreigners
- Belgium market overview
- Tax rates in Belgium
Prices, rents, yields and mortgage rates: Numbeo (crowd-sourced, national averages of city data). Values in US dollars.