In 2023, the average rent price in the Brussels-Capital Region, Belgium was ***** euros. Woluwe-Saint-Pierre was the most expensive municipality, with an average rent price of ***** euros per month, while the municipality of Jette was the least expensive, with an average rent of *** euros per month.

Apartment prices were very different in Flanders, Wallonia and the Brussels-Capital Region in 2022, with an apartment in Wallonia costing about ******* euros. House prices in Belgium have risen in recent years, but the increase has been milder than in the Netherlands and Luxembourg.

Villas and single-family homes were the most expensive property type to rent in Walloon, Belgium, in 2023. Renting a single-family home cost ***** euros per month in that year, while studios had an average rent of *** euros. All property types saw an increase in rental costs between 2019 and 2023.

The highest office rents were paid in Brussels, Belgium with an average rent of approximately *** euros per square meter per year as of the second quarter of 2024. Meanwhile, in Belgium's regional markets, office rents ranged between *** euros per square meter and *** euros per square meter.

Brussels was the most expensive Belgian city to buy an apartment, with an average square meter price of ***** euros in the first quarter of 2024. The price of an apartment in Liège was significantly lower at ***** euros.

Belgium BE: Standardised Price-Rent Ratio: sa data was reported at 143.969 Ratio in 2024. This records a decrease from the previous number of 146.406 Ratio for 2023. Belgium BE: Standardised Price-Rent Ratio: sa data is updated yearly, averaging 90.662 Ratio from Dec 1977 (Median) to 2024, with 48 observations. The data reached an all-time high of 151.557 Ratio in 2022 and a record low of 55.686 Ratio in 1985. Belgium BE: Standardised Price-Rent Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Belgium – Table BE.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by rent price indices. The long-term average is calculated over the whole period available when the indicator begins after 1980 or after 1980 if the indicator is longer. This value is used as a reference value. The ratio is calculated by dividing the indicator source on this long-term average, and indexed to a reference value equal to 100.

This statistic shows the average selling price of apartments, flats and studios in Belgium from 1990 to 2017 (in euros). The European housing, or residential real estate, market has recently shown clear signs of recovery, with an increasing house price being the main trend. In 2017, the average selling price of apartments, flats and studios in Belgium was approximately 226,314 euros.

During the coronavirus (COVID-19) crisis in 2020, apartment prices in Belgium continued increasing. Unsurprisingly, the Brussels-Capital Region was the region with the highest apartment prices.

According to tenants living in the Brussels-Capital Region in Belgium, monthly rents in the municipality of Sint-Pieters-Woluwe/Woluwé Saint-Lambert were much higher than the average rent in the other municipalities of Brussels. The rent for a house or an apartment (the source states the numbers consist of all residential property) in the city of Brussels or one of its surrounding municipalities averaged approximately *** euros per month in 2018. The ** municipalities of the Brussels-Capital Region rank as the most expensive places for residential real estate in Belgium.

This statistic shows the prime logistics rents in Belgium as of the third quarter of 2020, by region. The highest rents for logistics were paid in Brussels with an average rent of approximately ** euros per square meter.

In 2023, the most expensive residential rental market in Europe was London (inner) with rental costs of approximately **** euros per square meter. Dublin and Paris followed with rental costs of **** and **** euros per square meter. Rents increased across most markets - a trend that could also be observed in the housing market. How much does an apartment cost in different European cities? Renting a furnished studio apartment in some of the leading cities in Europe can cost anywhere between *** euros monthly (Budapest) and ***** euros (Amsterdam) per month. For afurnished one-bedroom apartment in Paris, France, one may be expected to pay on average ***** euros monthly. Which countries have the most affordable housing? The house price to rent ratio is an indicator of the affordability of owning housing over renting across European countries and is calculated as the nominal house prices divided by a rent price index. The higher the ratio, the more the gap between house prices and rental rates has widened since 2015 when the index base was 100. As of the fourth quarter of 2021, Finland, Italy, and Belgium had the lowest house price to rent ratio, meaning that buying a house was most affordable there compared to renting.

Monthly rents for residential property in the Brussels-Capital Region in 2018 increased by roughly ** euros a month between 2017 and 2018, according to survey results. The rent for a house in the city of Brussels or one of its ** surrounding municipalities averaged approximately *** euros per month in 2018. The ** municipalities of the Brussels-Capital Region rank as the most expensive places for residential real estate in Belgium.

In recent years, the housing market in Belgium remained stable. This was due to Belgium's fiscal system. When purchasing a house in Belgium, consumers pay the asking price plus ten (in Flanders) or ** percent (in Wallonia and the Brussels capital region) in registration rights. This makes buying a house in Belgium a long-term investment. Between the first quarter of 2015 and the first quarter of 2017, the house price index of Belgium increased from ***** to *****, whilst the indices of Luxembourg and the Netherlands increased from ***** to ***** and **** to *** respectively in the same period.

The prime headline rent for office real estate in Brussels, Belgium has increased since 2013. From *** euros per square meter per year in 2013, office rents in Belgium's capital reached an average of *** euros per square meter per year in 2024. Nevertheless, rents varied in different areas of the city, with the Leopold Quarter being the most expensive area for office real estate in 2022. Across key European markets, Brussels ranked alongside Lyon and Athens in terms of rents and Lisbon and Rome in terms of vacancy rates.

In 2023, the annual house price to rent ratio in Belgium reached an index value of *****. The house price to rent index is based on the nominal purchase price of a house divided by the annual rent of a similar place, with 2015 chosen as a baseline year. An index value of ***** suggests that house price growth has outpaced rental growth by about ** percent since 2015. That was notably lower than the average house price to rent ration in the OECD countries.

This statistic shows the average selling price of houses in Belgium from 1973 to 2017 (in euros). According to the source, the numbers provided concern 'ordinary houses' (in Flemish Dutch: gewone woonhuizen). This in contrast to other numbers, which cover 'villa's, bungalows and mansions', 'apartments, flats and studios' (in Flemish Dutch: villa's, bungalows, landhuizen) and 'building lots' (in Flemish Dutch: bouwgronden). In 2017, the average price paid when selling a house was 216,775 euros.

During the coronavirus (COVID-19) crisis in 2020, house prices in Belgium continued increasing. Unsurprisingly, the Brussels-Capital Region was the most expensive region for housing.

This statistic shows the prime office rent in Belgium, Luxembourg and the Netherlands as of 2019. Of the Benelux countries, the lowest office rents are paid in Belgium with an annual average of approximately *** euros per square meter.