GITNUX MARKETDATA REPORT 2024

Statistics About The Average Rent In Paris

The average rent in Paris is around €1,176 per month for a one-bedroom apartment in the city center.

In this post, we will explore a comprehensive overview of the average rent landscape in Paris, shedding light on various statistics and trends that shape the city’s rental market. From average rent prices in different arrondissements to the influence of property types and locations on rent caps, we will delve into key data points that illuminate the dynamics of renting in the French capital. Whether you are a prospective tenant or simply curious about the rental market in Paris, this blog post aims to provide valuable insights into the nuances of housing costs and trends in one of Europe’s most sought-after cities.

Statistic 1

"The average rent in the 18th arrondissement is around €1,100 for a one-bedroom apartment."

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Statistic 2

"Many landlords in Paris require a guarantor to rent an apartment."

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Statistic 3

"Student accommodations in Paris can range from €500 to €800 per month."

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Statistic 4

"Rent-controlled apartments in Paris have rent capped based on property type and location."

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Statistic 5

"The average rent for furnished apartments in Paris is approximately 20% higher than for unfurnished ones."

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Statistic 6

"Paris rents have increased by 3.8% year-on-year in recent times."

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Statistic 7

"The quartiers with the highest rental prices are traditionally the 1st, 2nd, 3rd, and 4th arrondissements."

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Statistic 8

"The typical rental duration for most apartments in Paris is at least one year."

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Statistic 9

"Luxury apartments in Paris can command rental prices upwards of €10,000 per month."

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Statistic 10

"Paris has some of the highest rental prices compared to other European capitals."

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Statistic 11

"Increased demand for rental properties in Paris is partly driven by the city's international appeal and limited housing supply."

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Statistic 12

"Rents in the 7th arrondissement of Paris can range from €1,200 to €1,800 for a one-bedroom apartment."

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Statistic 13

"The average rent for a studio apartment in Paris is approximately €900 per month."

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"Some of the most expensive rental areas in Paris include Saint-Germain-des-Prés and Île de la Cité."

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Statistic 15

"The density of population in Paris creates a high pressure on housing market, leading to elevated rents."

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Statistic 16

"Short-term rentals can be significantly more expensive, averaging €2,500 per month for a one-bedroom."

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Statistic 17

"In central Paris, the average rent for a three-bedroom apartment is around €3,000 per month."

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Statistic 18

"The average monthly rent per square meter in Paris is close to €30 for an apartment."

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Statistic 19

"Average rent in outer suburban areas of Paris can be approximately 20-30% cheaper than in the city center."

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Statistic 20

"The average rent for a one-bedroom apartment in Paris is around €1,200 per month."

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In conclusion, the statistics on average rent in Paris reveal a complex and dynamic rental market shaped by various factors such as location, housing type, and market trends. Paris stands out with high rental prices compared to other European capitals, with sought-after areas commanding premium rates. The city’s limited housing supply and international appeal continue to drive increased demand for rental properties, contributing to the overall rise in rents. Landlords’ requirements such as guarantors and the prevalence of rent-controlled apartments further add nuances to the renting experience in Paris. From luxury apartments commanding prices exceeding €10,000 per month to student accommodations varying between €500 to €800 per month, the range of rental options showcases the diversity of the Parisian rental landscape.

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