Real estate prices in Paris in May 2024: purchasing and rental indices

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Browse the key figures for the real estate market (sales and rental) in Paris as of May 1, 2024. Thanks to our information on quality of life, you will have all the cards in hand to carry out your project.

Interested in knowing the prices of stone in the city of Paris? Data from Fnaim (National Real Estate Federation) and the Clameur Observatory help you see more clearly for your purchase or rental.
If your desire is to bet on real estate, first know that, according to the Fnaim index, as of May 1, 2024, the average price per square meter was €9,854/m² in this town. This index showed a decrease of 0.3% during the last quarter. However, a decrease of 4.8% was observed compared to the last year. Based on the figures for the last three years, we also note a notable drop in property prices at -9.7%.

Price per m² in Paris: what trends in May 2024?

Going into a little more detail about the figures, it should be noted that the average prices of real estate in Paris, as of May 1, 2024, break down as follows: €12,304/m² for houses and €9,831/m² for apartments, all types combined. To deepen your knowledge of the real estate offering in Paris, consult the market prices by housing type below:

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• House T3: 12,261 €/m²
• Maison T4 : 11.603 €/m²
• House T5: 11,477 €/m²
• House T6 and more: 13,061 €/m²
• T1 apartment: €9,704/m²
• Appartement T2 : 9.504 €/m²
• T3 apartment: €9,577/m²
• Apartment T4 and more: €10,257/m²

Find the announcements of Fnaim professionals: real estate for sale or rental in Paris.

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Rents in Paris: evolution over the last 4 quarters

In Paris, rents differ depending on various characteristics. The Clameur database gives you the possibility of knowing the level of leases signed over one year.

On average, tenants pay €28/m² (excluding charges) to live in an apartment in Paris. This is the median rent*, all areas combined, calculated over the last 4 quarters.
On average, rents in the metropolis are increasing (+1.4% increase compared to last year over the same period).
Detailed overview of median rents* charged in Paris over the last 4 quarters according to rental sizes (charges not included).

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• Apartment T1: €31/m²
• Appartement T2 : 27 €/m²
• Apartment T3 and more: €25/m²

Here is the increase in rental prices based on an equivalent period of 4 quarters a year earlier: +1.9% for one-room rentals, +1.1% for two-room apartments and +1.3% for two-room apartments. type T3 and +. Over 5 years, here is the variation: T1 type properties +14.8%, +4.3% for T2 rentals and +3.4% for T3 and more.

* The median price indicates that half of the leases were made at a lower price and the other half at a higher amount. 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

Living or investing in Paris: discover the attractions of the metropolis

Located in the Île-de-France region, Paris officially covers 105 km² and has a total population of 2,175,601 inhabitants.
Paris has various assets. According to information provided by INSEE, for cultural outings, there are 120 theaters and 82 cinemas. Regarding sport, there are 85 swimming pools, 184 gymnasiums and 47 stadiums. For food shopping and others, there are 56,769 businesses in the municipality. The city also has 456 green spaces, perfect for residents who can enjoy a quiet environment with their family or for their studies or retirement.

Also find on Capital – Economic news, stock market & finance real estate prices Issy-les-Moulineaux, Neuilly-sur-Seine, Levallois-Perret, Montreuil et Boulogne-Billancourt.