The rapid growth of drone use in urban areas has prompted authorities to review airspace regulations, forcing drone manufacturers to anticipate and reduce the noise emissions during the design stage. Additionally, micro air vehicles (MAVs) are designed to be aerodynamically efficient, allowing them to fly farther, longer and safer. In this study, a steady aerodynamic code and an acoustic propagator based on the non-linear vortex lattice method (NVLM) and Farassat’s formulation-1A of the Ffowcs Williams and Hawkings (FW-H) acoustic analogy, respectively, are coupled with pymoo, a python-based optimization framework. This tool is used to perform a multi-objective (noise and aerodynamic efficiency) optimization of a 20 cm diameter two-bladed rotor under hovering conditions. From the set of optimized results, (i.e., the Pareto front), three different rotors are 3D-printed using a stereolithography (SLA) technique and tested in an anechoic room. Here, an array of far-field microphones captures the acoustic radiation and directivity of the rotor, while a balance measures the aerodynamic performance. Both the aerodynamic and aeroacoustic performance of the three different rotors, in line with what has been predicted by the numerical codes, are compared and guidelines for the design of aerodynamically and aeroacoustically efficient MAV rotors are extracted.