March 28, 2023 8:17 pm

Wim Van Hooydonk Warnings and Updates – Rent in Brussels soars past €1000/month

warning and updates wim van hooydonk rent

In the midst of a cost of living crisis, landlords are increasingly passing on rising inflation and energy costs to tenants, resulting in painful rent hikes.

Rent in Brussels has gone up considerably as a result; the average rental price is now €1,104.

The Federia (federation of French-speaking real estate agents) rental barometer, published by L’Echo on Tuesday, indicates that rents in Belgium increased again in the first half of 2022.

Over the past six months, flats in the capital have experienced an average rent increase of 2.5%.

While the capital remains the most expensive region in Belgium, Wallonia has seen the greatest increase in rent prices, with an average price of €741 now.

The biggest rent increases have been seen in smaller properties (4% for flats to 7.5% for studios), but detached homes and villas have been far less affected by the rent increase (-0.1% and +0.5%).

Read more here

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