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Are you thinking of buying or renting in Lille? Refer to the key figures for the local real estate market as of April 1, 2024 to get an idea of the possibilities in the city.
Interested in knowing real estate prices in the Lille metropolis? The values of Fnaim and the Clameur Observatory help you see more clearly for your purchase or rental.
Let’s look at the prices per square meter for purchase. According to figures from Fnaim (National Real Estate Federation), the average sale price reached, on April 1, 2024, €3,700/m² in this municipality. Compared to the past year, this index experienced a decrease of 2.2% compared to an increase (0.6%) during the last quarter. These developments show the current renewed dynamism of the Lille market. Examining the index over the last three years also reveals a significant increase in real estate market prices (+4.1%).
Price per m² in Lille: zoom on real estate investments in the city in April 2024
Naturally, average purchase prices also vary depending on the type of housing you are targeting: as of April 1, 2024, you should count on around €2,972/m² for a house and €3,909/m² for an apartment. Depending on the size of the desired property, potential buyers could expect to pay the prices below:
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- House T3: 2,936 €/m²
- Maison T4 : 2.871 €/m²
- House T5: 2,808 €/m²
- House T6 and more: €3,157/m²
- T1 apartment: €4,524/m²
- Appartement T2 : 4.072 €/m²
- T3 apartment: €3,744/m²
- Apartment T4 and more: €3,493/m²
The price per square meter in this metropolis is 44% higher than that of the department. For this one, it is €2,057. Find all the FNAIM real estate to rent or buy in Lille.
>> Our service – Compare rates by testing our real estate loan simulator
Rents per m² in Lille over the last 4 quarters
In Lille, as everywhere else, several elements determine rent levels. To help you find your way, Clameur gives you the opportunity to be informed of the value of leases signed over one year.
For an apartment, you should expect a median rent*, all areas combined, of €14/m² in Lille for apartments. This amount is based on the last 4 quarters.
In terms of rents, the trend is upwards. In fact, we note +3.8% variation compared to the same period last year.
Median amounts*, charges not included, of different types of rentals in Lille (data based on the last 4 quarters):
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- Apartment T1: €18/m²
- Appartement T2 : 14 €/m²
- Apartment T3 and more: €12/m²
Compared to an equivalent period of 4 quarters a year ago, tenants pay on average +7.5% for T1 rentals, +1.1% for T2s and +2.8% for type housing. T3 and above. In five years, rents have evolved in this way: +14.2% for T1 type properties, +6.2% for T2 properties and +9.6% for rentals in the T3 and above category.
* The median price indicates that half of the leases were made at a lower price and the other half at a higher rate. This marker is more representative of the transactions carried out than an average because it is less impacted by extreme values.
> > Our service – Estimate the price of your property with our real estate simulator
Moving to or investing in Lille: everything you need to know about the city
Located in the Hauts-de-France region, in the Nord department, Lille has 233,098 inhabitants and stretches over an area of 35 km².
The municipality of Lille has no shortage of assets. Among the city’s facilities listed by INSEE, in terms of culture, it includes 8 theaters and 4 cinemas. In terms of sports facilities, there are 5 swimming pools, 36 gymnasiums and 38 stadiums. For shopping breaks and shopping, there are 4,161 businesses. For residents, students, families or retirees, the metropolis has more than 114 green spaces.
Also find on Capital – Economic news, stock market & finance real estate prices Calais, Boulogne-sur-Mer, Tourcoing, Valenciennes et Douai.
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