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Paris apartment prices average €9,880–€10,418 per square meter as of mid-2025, with significant variations across arrondissements and property types.
The most expensive neighborhoods like the 6th and 7th arrondissements command prices up to €20,000 per square meter, while more affordable eastern districts offer opportunities around €8,700–€9,400 per square meter. Recent market corrections have created potential buying opportunities for savvy investors and homebuyers.
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Paris apartment prices currently average €9,880–€10,418 per square meter, with the 6th arrondissement being most expensive at €13,460–€16,000 per square meter.
Total purchase costs including notary and agency fees add 7–15% to the property price, while mortgages require 10–40% down payment depending on residency status.
| Price Category | Arrondissements | Price per m² (€) |
|---|---|---|
| Most Expensive | 6th, 7th, 8th | €13,000–€20,000+ |
| Premium Central | 1st, 3rd, 4th, 5th | €12,000–€13,700 |
| Family Areas | 15th, 16th, 17th | €10,000–€15,000 |
| Emerging Areas | 10th, 11th, 12th | €8,700–€10,600 |
| Most Affordable | 13th, 19th, 20th | €8,700–€9,400 |
| Average City-Wide | All Paris | €9,880–€10,418 |
What's the current average price per square meter for apartments in Paris?
As of June 2025, the average price per square meter for apartments in Paris ranges between €9,880 and €10,418.
This represents a slight decrease from the previous year when prices averaged €10,300 per square meter. The Paris apartment market has experienced a correction of approximately 4.5% year-on-year, reflecting broader economic adjustments and changing buyer behavior.
Transaction volumes have also declined by 10% compared to 2024, indicating a more cautious market approach from both buyers and sellers. The average apartment size sold has decreased from 59 square meters to 50 square meters as buyers seek more affordable options in the current market climate.
This pricing adjustment creates opportunities for buyers who have been waiting for market corrections, particularly in central arrondissements where prices had reached unsustainable levels for many potential purchasers.
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How do prices vary by arrondissement or neighborhood in Paris?
Paris apartment prices vary dramatically across arrondissements, with differences exceeding 100% between the most expensive and most affordable areas.
The 6th arrondissement (Saint-Germain-des-Prés) commands the highest prices at €13,460–€16,000 per square meter, depending on the specific street and property characteristics. The 7th arrondissement follows closely with premium properties reaching €19,000 per square meter, particularly near the Eiffel Tower area.
Central arrondissements including the 1st, 3rd, 4th, and 5th maintain strong pricing between €12,000–€13,700 per square meter due to their historical significance and prime locations. The 8th arrondissement averages around €11,837 per square meter, making it slightly more accessible while remaining prestigious.
Family-oriented arrondissements like the 15th, 16th, and 17th offer more space and amenities at €10,000–€15,000 per square meter, attracting buyers seeking larger apartments and better schools. Eastern arrondissements (10th, 11th, 12th, 19th, 20th) provide the best value at €8,700–€10,600 per square meter, with ongoing gentrification creating investment potential.
The most affordable options are found in the 13th, 19th, and 20th arrondissements, where prices start as low as €8,700–€9,400 per square meter, offering entry points for first-time buyers and investors.
What are the average prices per square meter based on apartment type?
Apartment prices in Paris vary significantly based on size and configuration, with studios being the most affordable entry point into the market.
| Apartment Type | Typical Size (m²) | Price Range (€) |
|---|---|---|
| Studio | 20–35 | €200,000–€350,000 |
| 2-room (1 bedroom) | 35–50 | €350,000–€600,000 |
| 3-room (2 bedrooms) | 50–80 | €600,000–€1,000,000+ |
| 4-room (3 bedrooms) | 80–100 | €1,000,000–€1,500,000+ |
| Luxury apartments | 100+ | €2,000,000+ |
How much does the total purchase price typically come to, including notary fees and agency fees?
The total cost of purchasing an apartment in Paris extends significantly beyond the listed property price due to mandatory fees and taxes.
Agency fees typically range from 5% to 7% of the property price and are often included in the advertised listing price. However, buyers should verify whether these fees are additional to ensure accurate budget calculations.
Notary fees represent the largest additional expense, accounting for 7% to 8% of the purchase price for existing properties. These fees include transfer taxes, the notary's professional fees, and various administrative costs required to complete the legal transfer of ownership.
Combined, buyers should budget for total additional costs representing 7% to 15% of the purchase price. For a typical €500,000 apartment, this translates to €35,000–€75,000 in fees and taxes that must be paid in addition to the property price and any mortgage down payment requirements.
What are the recurring taxes and charges associated with owning an apartment in Paris?
Paris apartment owners face several recurring annual and monthly charges that must be factored into ownership costs.
Taxe foncière serves as the primary annual property tax paid by all property owners, calculated based on the cadastral rental value of the property. This tax varies by location and property characteristics but represents a significant ongoing expense.
Taxe d'habitation now only applies to second homes and vacation properties, as primary residences have been exempted from this tax. Foreign owners and those using properties as secondary residences must still pay this additional tax.
Properties left vacant for more than 12 months in certain Paris areas are subject to a vacant home tax, encouraging active use of residential properties in the tight housing market.
Coproperty charges (charges de copropriété) represent monthly building maintenance fees typically ranging from €50 to €150 per month, covering common area maintenance, concierge services, and building upkeep.
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What would a typical mortgage look like in Paris today, including down payment, interest rates, and monthly payments?
French mortgage requirements and terms vary significantly based on residency status and property type.
French residents can secure mortgages with as little as 10% down payment, while non-EU/EFTA residents typically require 40% down payment. Loan-to-value ratios range from 70% to 80% for residents and 50% to 70% for non-residents, reflecting risk assessments for different borrower categories.
Current interest rates as of mid-2025 stand at 3.1% for 15-year terms, 3.3% for 20-year terms, and 3.5% for 25-year terms. These rates reflect the current European Central Bank policy and French banking market conditions.
For a typical €500,000 apartment purchase with a €400,000 mortgage at 3.3% over 20 years, monthly payments would approximate €2,300, excluding mandatory insurance and property taxes. This calculation assumes standard mortgage terms and doesn't include additional costs like mortgage insurance or banking fees.
Lenders typically require borrowers to maintain a debt-to-income ratio below 35%, meaning total monthly debt payments shouldn't exceed 35% of net monthly income, including the new mortgage payment.
What are some recent examples of actual apartment sales at different budget levels?
Recent Paris apartment sales demonstrate the wide range of options available across different price points and neighborhoods.
Entry-level purchases include 30 square meter studios in the 10th arrondissement selling for approximately €350,000, providing affordable access to central Paris living. These properties typically appeal to young professionals and first-time buyers seeking proximity to business districts and transportation hubs.
Mid-range transactions feature 45 square meter two-room apartments in the 9th arrondissement, with recent sales ranging from €501,800 to €627,200 depending on specific location, condition, and amenities. These properties attract couples and small families seeking more space while maintaining central location benefits.
Luxury market activity centers around 100+ square meter apartments in prestigious arrondissements like the 7th, with recent sales exceeding €2,000,000 and reaching €20,000 per square meter for premium properties with exceptional features or locations.
Investment-focused purchases often target eastern arrondissements where renovation potential and gentrification trends create value appreciation opportunities for buyers willing to undertake improvement projects.
Which Paris neighborhoods are considered the most expensive, the most affordable, and the most promising for investment?
Paris neighborhoods fall into distinct categories based on current pricing and future investment potential.
| Category | Neighborhoods/Arrondissements | Key Characteristics |
|---|---|---|
| Most Expensive | 6th (Saint-Germain), 7th, 8th | €13,000–€20,000+/m², established luxury |
| Premium Stable | 1st, 3rd, 4th, 5th, 16th | €12,000–€15,000/m², heritage value |
| Family Oriented | 15th, 17th | €10,000–€15,000/m², schools, parks |
| Most Affordable | 13th, 19th, 20th | €8,700–€9,400/m², entry-level pricing |
| Most Promising | 10th, 11th, 12th, 19th, 20th | €8,700–€10,600/m², gentrification potential |
How have apartment prices in Paris changed over the past 5 years and the past year?
Paris apartment prices have experienced significant volatility over recent years, with distinct phases of growth followed by market corrections.
Over the past five years, central arrondissements like the 6th and 7th have demonstrated remarkable resilience with 35% capital appreciation over the decade, though growth has moderated significantly in recent periods. The market experienced steady price increases until 2022, when economic uncertainties began influencing buyer behavior.
The past year specifically has seen a 4.5% price correction, with sharper declines in peripheral areas compared to central locations. This adjustment reflects broader economic conditions, including interest rate changes and reduced buyer confidence following global economic uncertainties.
Average apartment sizes in transactions have decreased from 59 square meters to 50 square meters as buyers adapt to higher prices by purchasing smaller properties. This trend indicates market adaptation rather than complete retreat from Paris real estate investment.
Transaction volumes declined by 10% year-over-year, suggesting a more selective approach from both buyers and sellers as market participants wait for greater clarity on future price directions and economic conditions.
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What's the forecast for Paris apartment prices over the next 1, 5, and 10 years?
Paris apartment price forecasts reflect cautious optimism with varying timelines for different market segments and locations.
Short-term forecasts for the next 12 months anticipate price stabilization as interest rates stabilize and buyer confidence gradually returns to the market. The correction phase appears to be reaching its bottom, with modest growth expected by late 2025 as economic uncertainties diminish.
Medium-term projections over the next five years suggest gradual recovery and moderate growth, particularly in central and high-demand arrondissements where supply constraints continue to support pricing. Eastern districts may experience stronger percentage growth as gentrification accelerates and infrastructure improvements enhance desirability.
Long-term forecasts extending to 10 years maintain optimistic outlooks for continued appreciation in prime locations, with potential for higher growth rates in currently emerging eastern districts. Central arrondissements are expected to maintain steady appreciation supported by limited supply and sustained international demand.
Key factors influencing these projections include European Central Bank monetary policy, French economic performance, and continued international investment in Paris real estate markets. Climate change adaptations and sustainability requirements may also influence future valuations and desirability patterns.
If I want to live in the apartment, rent it long-term, rent it short-term, or resell later—what are the best strategies today?
Optimal Paris apartment strategies depend heavily on intended use and current market conditions in mid-2025.
For personal residence, focus on central or family-friendly neighborhoods offering excellent schools, healthcare access, and transportation connectivity. Long-term value retention and quality of life should prioritize immediate price considerations, particularly in established arrondissements with proven resilience.
Long-term rental strategies should target areas with consistent demand from professionals, students, and expatriates. Central business districts, university neighborhoods, and well-connected residential areas provide stable rental income potential. Furnished rentals typically command 20-30% higher rents than unfurnished properties.
Short-term rental approaches face increasing regulatory challenges in 2025, including stricter energy efficiency standards and enhanced tax obligations. Success requires central, tourist-friendly locations while carefully managing compliance costs and regulatory requirements that continue evolving.
Resale-focused investments should emphasize central locations or emerging neighborhoods with strong gentrification indicators. Properties requiring renovation in up-and-coming areas may offer superior returns, though they require significant expertise and capital commitment for improvement projects.
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How do Paris apartment prices compare with other major cities like London, Berlin, New York, or Barcelona?
Paris apartment prices position the city as a premium but relatively accessible option compared to other major global capitals.
| City | Average Price (€/m²) | Comparison to Paris |
|---|---|---|
| Paris | €9,880–€11,000 | Base comparison |
| London (Central) | €19,000+ | 40-50% higher than Paris |
| New York (Manhattan) | €15,000–€20,000+ | Much higher than Paris |
| Berlin | €5,000–€8,000 | Significantly cheaper than Paris |
| Barcelona | €5,000 | Much cheaper than Paris |
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Paris apartment prices currently average €9,880–€10,418 per square meter with significant variations across arrondissements, from €20,000+ in premium areas to €8,700 in emerging neighborhoods.
Recent market corrections have created opportunities for buyers, with total purchase costs including 7-15% in fees and competitive mortgage rates around 3.1-3.5% for qualified borrowers.
It's something we develop in our France property pack.
Sources
- 56 Paris Real Estate Market Update 2025
- Paris Rental Cost of Living Guide 2025
- InvestRopa Paris Real Estate Market
- Talvans French Property Market Report 2025
- Paris Property Group Arrondissement Rankings 2025
- Parlez Moi de Paris Most Expensive Districts
- Tranio France Property Prices
- Junot Real Estate Market Analysis
- Statista Paris Apartment Prices by Arrondissement
- Currencies Direct Costs of Buying Property France