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The 30 most profitable towns to invest in Belgium

One Place tracks 113 towns in Belgium with more than 10,000 residents and enough live apartment listings to price both sides of a rental yield. The median across all of them is 4.4% gross. Here are the highest scoring.

Market figures last recomputed on October 6, 2026.

113
Towns priced
4.4%
Median gross yield
7.8%
Highest gross yield in the top 30Charleroi
€1,532
Lowest entry price in the top 30Charleroi
Top 30 of 113

Every town, scored

A town qualifies with at least 25 apartment sale listings and 15 apartment rental listings priced per square metre. The badge next to each name says how much data stands behind that town's figures.

Sort
SortThe blended score: gross yield, town size and how much data sits behind the estimate.Highest gross rental yield first, whatever the town size.Cheapest median sale price per m² first: the lowest entry tickets.Largest towns first: the deepest tenant and resale markets.
Data confidenceHigh200 listings or moreMediumat least 60Lowfewer than 60Belgium median 4.4%30 of 113 towns
TownResidentsSale price /m²Rent /m²/monthAgainst the medianGross yieldListings analysedScore /100
01CharleroiMedium204,322€1,532€10.03.5 pts above the Belgium median of 4.4%7.8%272 sale·131 rent62.3
02AntwerpHigh529,247€3,431€14.90.8 pts above the Belgium median of 4.4%5.2%3,434 sale·1,008 rent54.7
03BrusselsHigh195,546€3,810€18.81.6 pts above the Belgium median of 4.4%5.9%1,238 sale·878 rent53.6
04LiègeHigh195,278€2,535€11.00.8 pts above the Belgium median of 4.4%5.2%937 sale·384 rent48.6
05SchaerbeekMedium132,799€3,227€15.41.4 pts above the Belgium median of 4.4%5.7%448 sale·183 rent47.3
06Sint-Jans-MolenbeekMedium97,979€2,643€14.72.3 pts above the Belgium median of 4.4%6.7%453 sale·68 rent46.7
07AnderlechtMedium120,887€2,932€15.31.9 pts above the Belgium median of 4.4%6.3%593 sale·90 rent46.6
08MonsMedium95,299€2,548€12.01.3 pts above the Belgium median of 4.4%5.7%143 sale·151 rent43.4
09GhentHigh272,657€4,290€13.60.5 pts below the Belgium median of 4.4%3.8%1,239 sale·379 rent41.6
10NamurMedium115,330€3,127€12.10.3 pts above the Belgium median of 4.4%4.6%409 sale·195 rent39.4
11Sint-GillisMedium49,678€3,912€18.01.2 pts above the Belgium median of 4.4%5.5%218 sale·165 rent39.1
12UccleHigh83,980€4,314€16.70.3 pts above the Belgium median of 4.4%4.6%770 sale·269 rent39.0
13ElseneHigh87,632€4,848€18.10.1 pts above the Belgium median of 4.4%4.5%748 sale·446 rent38.8
14La LouvièreLow80,986€1,746€9.52.2 pts above the Belgium median of 4.4%6.5%68 sale·22 rent38.8
15Sint-Joost-ten-NodeLow27,497€3,444€20.02.6 pts above the Belgium median of 4.4%7.0%115 sale·40 rent37.7
16JetteLow52,728€2,908€14.91.8 pts above the Belgium median of 4.4%6.1%252 sale·38 rent36.1
17EtterbeekMedium48,473€4,580€18.90.6 pts above the Belgium median of 4.4%4.9%217 sale·186 rent35.7
18Woluwe-Saint-LambertHigh57,712€4,583€16.7On the Belgium median of 4.4%4.4%441 sale·327 rent35.3
19VorstMedium56,581€3,442€15.61.1 pts above the Belgium median of 4.4%5.4%246 sale·76 rent35.3
20VerviersLow55,198€1,867€9.31.6 pts above the Belgium median of 4.4%6.0%131 sale·35 rent35.1
21TournaiMedium69,554€2,389€9.70.5 pts above the Belgium median of 4.4%4.9%230 sale·102 rent34.5
22Woluwe-Saint-PierreMedium42,119€4,233€16.70.4 pts above the Belgium median of 4.4%4.7%218 sale·197 rent33.6
23MouscronLow58,234€1,933€9.31.4 pts above the Belgium median of 4.4%5.8%155 sale·32 rent33.5
24EvereMedium42,656€3,708€16.40.9 pts above the Belgium median of 4.4%5.3%307 sale·80 rent33.0
25MechelenMedium86,921€3,446€12.30.1 pts below the Belgium median of 4.4%4.3%233 sale·98 rent31.7
26Sint-NiklaasMedium80,167€2,914€11.10.2 pts above the Belgium median of 4.4%4.6%297 sale·63 rent30.8
27HasseltMedium90,249€3,538€11.80.4 pts below the Belgium median of 4.4%4.0%421 sale·110 rent30.7
28KoekelbergLow21,959€2,631€14.62.3 pts above the Belgium median of 4.4%6.7%122 sale·17 rent30.1
29OstendMedium71,557€3,667€12.30.3 pts below the Belgium median of 4.4%4.0%1,570 sale·115 rent29.6
30BrugesMedium118,509€3,989€10.61.2 pts below the Belgium median of 4.4%3.2%773 sale·152 rent28.6

Counted on the thinner of a town's two sides: whichever of its sale and rental listings is the smaller number.

Where they are

The ranking, on the ground

All 30 towns, placed. The brighter the marker, the higher the gross yield. Hover any town for its numbers.

Charleroi7.8% gross · €1,532/m²Score 62.3 · rank 1Antwerp5.2% gross · €3,431/m²Score 54.7 · rank 2Brussels5.9% gross · €3,810/m²Score 53.6 · rank 3Liège5.2% gross · €2,535/m²Score 48.6 · rank 4Schaerbeek5.7% gross · €3,227/m²Score 47.3 · rank 5Sint-Jans-Molenbeek6.7% gross · €2,643/m²Score 46.7 · rank 6Anderlecht6.3% gross · €2,932/m²Score 46.6 · rank 7Mons5.7% gross · €2,548/m²Score 43.4 · rank 8Ghent3.8% gross · €4,290/m²Score 41.6 · rank 9Namur4.6% gross · €3,127/m²Score 39.4 · rank 10Sint-Gillis5.5% gross · €3,912/m²Score 39.1 · rank 11Uccle4.6% gross · €4,314/m²Score 39.0 · rank 12La Louvière6.5% gross · €1,746/m²Score 38.8 · rank 13Elsene4.5% gross · €4,848/m²Score 38.8 · rank 14Sint-Joost-ten-Node7.0% gross · €3,444/m²Score 37.7 · rank 15Jette6.1% gross · €2,908/m²Score 36.1 · rank 16Etterbeek4.9% gross · €4,580/m²Score 35.7 · rank 17Vorst5.4% gross · €3,442/m²Score 35.3 · rank 18Woluwe-Saint-Lambert4.4% gross · €4,583/m²Score 35.3 · rank 19Verviers6.0% gross · €1,867/m²Score 35.1 · rank 20Tournai4.9% gross · €2,389/m²Score 34.5 · rank 21Woluwe-Saint-Pierre4.7% gross · €4,233/m²Score 33.6 · rank 22Mouscron5.8% gross · €1,933/m²Score 33.5 · rank 23Evere5.3% gross · €3,708/m²Score 33.0 · rank 24Mechelen4.3% gross · €3,446/m²Score 31.7 · rank 25Sint-Niklaas4.6% gross · €2,914/m²Score 30.8 · rank 26Hasselt4.0% gross · €3,538/m²Score 30.7 · rank 27Koekelberg6.7% gross · €2,631/m²Score 30.1 · rank 28Ostend4.0% gross · €3,667/m²Score 29.6 · rank 29Bruges3.2% gross · €3,989/m²Score 28.6 · rank 30
Gross yield3.2%7.8%
Highest scoring

Markers sit on each town's administrative centre. Towns that sit close together overlap at this scale.

Town vs town

Put two towns side by side

The same budget in two towns. Floor area and rental income, straight from the medians in the table.

VS
What your budget buys
What your budget buys
Charleroi
65m²
Rental income €7,831 a year (gross, before costs)
Elsene
21m²
Rental income €4,485 a year (gross, before costs)
7.8%75% higher than Elsene
Gross yield
43% lower than Charleroi4.5%
€1,5323.2× less than Elsene
Sale price / m²
3.2× more than Charleroi€4,848
€10.045% lower than Elsene
Rent / m² · month
81% higher than Charleroi€18.1
204,3222.3× more than Elsene
Residents
2.3× less than Charleroi87,632
4033.0× less than Elsene
Listings analysed
3.0× more than Charleroi1,194
62.361% higher than Elsene
Score / 100
38% lower than Charleroi38.8

Floor area and rental income are derived from each town's median sale price per m² and median gross yield. Rental income is before tax, fees and vacancy. Yields inside a town vary by building and by size: these are town medians.

Method

How this ranking is built

Gross yield is the median asking rent per m² per month multiplied by twelve, divided by the median asking sale price per m². Both sides are apartments only, and both are converted to euros before anything is compared.

The score out of 100 blends three measured quantities: the gross yield (60%, scored from 3.0% upwards and topping out at 12.0%), the town's population (25%, which stands in for how deep the tenant and resale markets are), and how many listings sit behind the estimate (15%).

What these numbers are not

  • Both sides are asking prices, not signed prices or achieved rents. Where public transaction data lets us check, asking and sold prices per m² track within a few percent, but the level is an asking level.
  • Nothing here is net of property tax, service charges, management, insurance, maintenance or vacancy. A net yield usually lands somewhere around two thirds of gross, and the gap varies far too much between countries to publish a single conversion.
  • Rental listings are smaller than sale listings almost everywhere, and price per m² rises as flats get smaller. That lifts a yield built from two independent medians above what a town's typical sale stock would return. Towns where the size mismatch is extreme are dropped rather than adjusted.
  • Population comes from Wikidata, which mirrors each country's own statistics office. A town we hold no population for cannot be ranked, however good its price data.

Prices and rents: live listings indexed by One Place. Population: Wikidata (CC0). Administrative boundaries: © OpenStreetMap contributors (ODbL).

Questions

Questions about this ranking

How is the gross rental yield for towns in Belgium calculated?

We take the median asking rent per square metre per month for apartments in the town, multiply it by twelve, and divide it by the median asking sale price per square metre for apartments in the same town. Both figures come from live listings indexed by One Place, and a town only appears once each side carries enough listings to be meaningful.

Which towns in Belgium are included?

Every municipality with at least 10,000 residents that carries enough live apartment listings to price both sale and rent. 113 towns in Belgium currently qualify; the table shows the highest scoring of them.

Is this a net yield?

No. These are gross figures, before property tax, service charges, management fees, insurance, maintenance and vacancy. A net yield is usually somewhere around two thirds of gross, but the gap varies enough between countries and between individual buildings that we do not publish a single conversion.

How often does the ranking change?

It is rebuilt from the live listing base, so it moves as prices and inventory move. The date above the table is the last time the underlying market aggregates were recomputed.

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