How much does an apartment cost in Paris: the cost of housing in 2025

The content of the article

1. The average price of an apartment in Paris
   1. How much does an apartment in the center of Paris cost?
   2. How much does a 1-room apartment cost in Paris?
   3. The most expensive apartments in Paris
2. How much does it cost to rent an apartment in Paris
3. Which apartments in Paris: interior and design
   1. What do the old apartments in Paris look like?
   2. The smallest apartment in Paris
   3. Celebrity apartments in Paris
4. Can a Russian buy an apartment in Paris

A noticeable trend in recent years in the French real estate market has been a rapid increase in rental prices and at the same time a slowdown in growth or a slight decrease in prices for the purchase of residential properties.

Several factors led to this situation: the energy crisis in Europe, an increase in the key interest rate and, as a result, a decrease in the purchasing power of French citizens, as well as the 2024 Summer Olympics in Paris. The COVID-19 pandemic played a role in changing the urban environment of the capital, as a result of which many indigenous Parisians chose to move from the central quarters of the city to nearby suburbs and small towns an hour away by car. According to INSEE, in 2024, 57% of the housing stock in France and Paris in particular, used as main residences, belonged to their tenants, 40% of the facilities were rented out, and 3% were provided free of charge.

In the current situation on the real estate market, now is the best time to purchase residential properties in Paris at discounted prices before the upcoming next round of growth.

The average price of an apartment in Paris

The average cost of real estate in the city rather serves as an indicator of the market as a whole. For the current period, according to analysts of the French real estate market MeilleursAgents, the average price per square meter in Paris is 9385 euros in apartments and 10 009 euros in houses.

How much does an apartment in the center of Paris cost?

The cost of residential properties in Paris is highly differentiated and may depend on such factors as: the social environment of the area, the quality of communications in the building, the square footage, the exposure of windows and the amount of sunlight in the apartment. It is not uncommon for apartments of similar size in two neighboring central districts to have a price difference of 2 or 3 times.

The area of Paris within the city limits is only 105 square kilometers (Moscow’s area is 2,511 square kilometers), and from a certain point of view, the whole of Paris inside the roundabout can be considered the “city center”.

However, traditionally the 1st, 2nd, 3rd, 4th and 5th arrondissements are considered to be the historical center: the Louvre, the Exchange, the Temple, the Hotel de Ville and The Pantheon. These areas are home to historic palaces, theaters and museums, boutiques of fashion houses in the French capital, as well as the famous Sorbonne University. For sale in the listed areas, first of all, you can find:

• Tiny studios from 12 sq. m. meters with limited lighting, combined bathroom and kitchen cost from 200 thousand euros.
• More spacious 3-room apartments with an area of 50-70 sq. m. meters with parquet, good lighting and modern communications will cost from 630 to 950 thousand euros.
• 4- and 5-room apartments with an area of 90-150 meters without modern renovation cost from 1.5 million euros.

How much does a 1-room apartment cost in Paris?

In the traditional Russian sense, there are no 1-room apartments in Paris. Instead, the real estate market includes studios (kitchen combined with bathroom) and 2-room apartments (one of the rooms combined with kitchen). Allocating a separate room for the kitchen (as well as for the hallway) is a privilege and is more common in apartments with a larger area.

In Paris, 2-room apartments are in the highest demand and have a wide variety of sizes and prices.

• The most budget-friendly “eurodvushki” with a square footage of 16 sq. m. The layout of the apartment is most reminiscent of a 1-room apartment and consists only of a bedroom and a micro-bathroom. The cost of such real estate starts from 200 thousand euros.
• Apartments with an area of up to 30 sq. m. meters and costing up to 300 thousand euros can be found in the 10th and 11th districts in the east of the city, bordering on unfavorable social neighborhoods. The same apartments, but in the elite 16th district, will cost 430 thousand euros.
• Spacious, but not specific apartments up to 40 sq. m. meters in the prestigious 15th arrondissement with a large living room and bedroom can be bought for 400 thousand euros.
• Apartments with an area of 50-70 meters, located in the 11th arrondissement, will cost 500-950 thousand euros.

The most expensive apartments in Paris

The west of the city is considered to be the most privileged place of residence.: 15, 16, 17, 6, 7 and the 8th district. These are the quarters of the so-called “old money”, where apartments are inherited, whose owners often do not live in their own real estate, but also do not rent it out. Luxury multi-room historic apartments are often also found in the central and adjacent areas.

The square footage of these apartments often exceeds 100 and even 200 meters: you can see 5- and 6-room view apartments for sale. For example:

• The 6th arrondissement, located in close proximity to the Luxembourg Gardens, is considered the most elite and expensive area for buying real estate. Even a 3-room apartment with an area of 60-70 sq. m. meters here will cost around 1.1–1.8 million euros.
• The property has an area of 100-150 sq. m. apartments with 4-6 rooms and a cost of up to 1.6 million euros can be found in the 8th, 9th, 15th and 16th arrondissements. Such apartments usually have a separate kitchen, there may be several bathrooms, as well as working fireplaces and panoramic windows.
• In the 17th arrondissement, you can find a spacious apartment with an area of 150 meters, located in a historic building, with 3 bedrooms, a living room, a dining room and a kitchen for 1.8 million euros. An apartment with 5 rooms and an area of 213 square meters will cost 3.3 million euros.
• In the 5th arrondissement, for 6.3 million euros, you can purchase a 5-room apartment with an area of 250 square meters. located in a historic Art Nouveau building with large panoramic windows overlooking the park.

How much does it cost to rent an apartment in Paris

Paris stands out for one of the highest rental prices in France. Global Property Guide experts estimate gross rental yields in some Paris arrondissements at 6.6% (studio, 15th arrondissement), 6.81% (studio, 18th arrondissement), and in some cases 8.47% (studio, 17th arrondissement).

• The most budget-friendly accommodation option in Paris is to rent a studio up to 30 sq. m. meters cost from 1000 to 1200 euros per month. Such proposals can be found in the 11th and 13th districts.
• A slightly more expensive studio with an area of 40 sq. m. meters on the ground floor with a separate kitchen can be rented for 1,500 euros in the 16th or 5th arrondissements. For the same price, you can rent 2-room apartments with limited lighting in the 13th and 1st arrondissements.
• 3-room apartments with an area of 60-70 meters can be rented for 2000-2500 euros in the 3rd and 9th arrondissements.
• For 4,500 euros per month, you can rent a 3-room apartment with an area of 80 meters in a historic building in the 2nd arrondissement.
• For 6700 euros per month, you can live in a 5-room apartment with an area of 190 meters in the 16th arrondissement of Paris. And for 15,000 euros — in an apartment with the same area in the 7th arrondissement with panoramic windows and garden views.

Which apartments in Paris: interior and design

The famous quarters of Paris, built in the “Ottoman style” as a result of the reconstruction of the city at the end of the 19th century, formed the internationally recognizable image of the French capital. Facades made of light limestone, symmetry, attics and black roofs are today the hallmark not only of the city, but also of the whole of France. However, the image of Parisian apartments is no less recognizable — bright, sophisticated and with impeccable attention to detail.

What do the old apartments in Paris look like?

In almost every Paris apartment in the old foundation, you can find one or more marble fireplaces in the living room and bedroom. Fireplaces are often active and used for additional heating in winter. The style common to all historical apartments is white walls, herringbone natural parquet, high ceilings, wooden windows and “French balconies”. Almost all apartments have a niche for a home library. There may be access to a back staircase and shower rooms with windows. The kitchen area, on the contrary, may not have natural light and occupy a couple of square meters.

Nowadays, it is popular among owners of historic apartments to combine antiques with modern designer furniture and lighting in the interior, to maintain a large library, but at the same time maintaining functionality and spaciousness.

The smallest apartment in Paris

Attic rooms in the past — servants’ rooms or for renting to students and representatives of creative professions — are also a widely replicated Parisian image in world culture. Now the former “cubicles under the roof” have been converted into compact living spaces with skylights and are very popular in terms of rent. Most often these are small studios up to 20 sq. m. meters with a built-in kitchen. Sometimes there are very tiny apartments up to 10 square meters. meters. A special feature is the lack of an elevator and a high floor, sometimes a separate staircase leads to such apartments.

Celebrity apartments in Paris

Paris attracts celebrities from all over the world, becoming their second home. Many famous personalities have purchased luxury apartments here, reflecting their unique style and taste.

Legendary French actor Alain Delon owned a penthouse on President Kennedy Avenue. These duplex apartments offered spectacular views of the Seine and Eiffel Tower. The interior space included two living rooms with panoramic windows, seven bedrooms and two kitchens.

The frontman of The Rolling Stones, Mick Jagger, owns an apartment in Paris, decorated in bright colors with an abundance of mirrors and decorative elements. The interior is complemented with oriental carpets, giving the space comfort and charm.

The famous shoe designer Christian Louboutin has set up his apartments near Rue Saint-Honoré and Place Vendome. He bought out the entire top floor of the building and transformed it into a unique space reflecting his creativity and love of art.

Can a Russian buy an apartment in Paris

At the moment, the purchase of real estate in France is available to holders of a Russian passport on an equal basis with any citizen of another country. Buying an apartment in Paris can be a starting point for obtaining a long-term French residence permit for an investor and his family members.

Tranio managers are always ready to advise on the purchase of real estate in Paris: to advise the best developer and tell about the peculiarities of each district of the city.

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