Buying real estate in France?

We've created a guide to help you avoid pitfalls, save time, and make the best long-term investment possible.

What are the best areas for real estate in France? (2026)

Last updated on 

Authored by the expert who managed and guided the team behind the France Property Pack

buying property foreigner France

Everything you need to know before buying real estate is included in our France Property Pack

France's property market in early 2026 is flat at the national level, but that headline hides big differences between neighborhoods.

Some areas offer solid rental yields while others are weighed down by tight regulations or oversupply.

This guide breaks down which French neighborhoods are worth your money right now and which ones to skip.

And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in France.

photo of expert maxence toulouse

Fact-checked and reviewed by our local expert

✓✓✓

Maxence Toulouse 🇫🇷

General Manager of Iddyl Property

Maxence, the general manager of Iddyl Property, is a true expert in the French real estate market and always stays up to date with the latest trends. Iddyl Property specializes in helping non-residents find their ideal property in France, managing the entire process from search to purchase. With partnerships across 25,000 agencies, they offer unmatched access to top opportunities. Our talk with him helped us go back to the blog post, improve some details, and bring in his personal touch.

What's the Current Real Estate Market Situation by Area in France?

Which areas in France have the highest property prices per square meter in 2026?

As of early 2026, the three most expensive areas in France are Paris 6th arrondissement (Saint-Germain-des-Pres), Paris 7th arrondissement (Invalides area), and Neuilly-sur-Seine in the western suburbs.

In these premium locations, property prices in France typically range from 12,000 to 16,000 euros per square meter, with the very best addresses sometimes exceeding these figures.

Each of these high-priced areas commands top euro amounts for distinct reasons:

  • Paris 6th (Saint-Germain-des-Pres): historic buildings, Luxembourg Gardens proximity, and extreme scarcity of available units
  • Paris 7th (Invalides/Champ-de-Mars): Eiffel Tower views, embassies, and wealthy family demand for large apartments
  • Neuilly-sur-Seine: leafy streets, top schools, and direct metro access while feeling suburban
  • Paris 16th (Passy/Muette): prestigious addresses, Bois de Boulogne access, and international school proximity
Sources and methodology: we combined transaction data from the Paris Notaires price map with real-time estimates from Meilleurs Agents for January 2026 readings. We also verified price patterns using the official DVF government database of actual sales. Our own internal data helped us identify micro-variations within these neighborhoods.

Which areas in France have the most affordable property prices in 2026?

As of early 2026, the most affordable areas with decent investment potential in France include Marseille's outer arrondissements (13th, 14th, 15th), Saint-Etienne city center, Mulhouse, and parts of Le Havre.

In these budget-friendly locations, property prices in France typically range from 1,200 to 2,500 euros per square meter, making them accessible for first-time investors.

The trade-offs vary by location: Marseille's northern districts have higher vacancy rates and require careful building selection, Saint-Etienne faces population decline that limits appreciation potential, Mulhouse has weaker rental demand outside student areas, and Le Havre's industrial heritage means some blocks feel less residential.

You can also read our latest analysis regarding housing prices in France.

Sources and methodology: we used the Notaires de France price portal for city-level averages and cross-checked against the DVF database for actual transaction prices. We also consulted INSEE demographic data to understand local demand drivers. Our analyses factor in tenant demand strength, not just low prices.
infographics map property prices France

We created this infographic to give you a simple idea of how much it costs to buy property in different parts of France. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.

Which Areas in France Offer the Best Rental Yields?

Which neighborhoods in France have the highest gross rental yields in 2026?

As of early 2026, the neighborhoods with the highest gross rental yields in France are Marseille's La Joliette area (around 5.5% to 6%), Lille's Wazemmes district (around 5%), Montpellier's Boutonnet neighborhood (around 4.5% to 5%), and Toulouse's Saint-Cyprien quarter (around 4.5%).

Across France as a whole, typical gross rental yields range from 2.5% in expensive Paris areas to 5.5% in well-located provincial cities with strong tenant demand.

Each of these high-yield neighborhoods delivers better returns for specific reasons:

  • Marseille La Joliette: Euromediterranee regeneration created jobs, but purchase prices stayed moderate
  • Lille Wazemmes: student population and cross-border workers keep demand steady year-round
  • Montpellier Boutonnet: university proximity plus medical campus drives consistent tenant turnover
  • Toulouse Saint-Cyprien: aerospace jobs and metro access attract young professionals at reasonable rents

Finally, please note that we cover the rental yields in France here.

Sources and methodology: we calculated yields by dividing observed rents from OLAP and the national OLL rent database by transaction prices from notarial sources. We used APUR studies to adjust for rent control impacts in regulated cities. Our own yield models account for typical vacancy and management costs.

Make a profitable investment in France

Better information leads to better decisions. Save time and money. Download our guide.

buying property foreigner France

Which Areas in France Are Best for Short-Term Vacation Rentals?

Which neighborhoods in France perform best on Airbnb in 2026?

As of early 2026, the neighborhoods that perform best on Airbnb in France include Nice's Vieux Nice (old town), Annecy's lakefront center, Chamonix's town center near the Aiguille du Midi cable car, and Cannes' La Croisette area during event season.

Top-performing Airbnb properties in these French neighborhoods typically generate between 2,500 and 5,000 euros per month during peak season, though seasonality varies significantly and off-peak income can drop by 50% or more.

Each neighborhood outperforms for different reasons:

  • Nice Vieux Nice: year-round mild weather and walkable charm attract tourists across all seasons
  • Annecy lakefront: summer water activities and winter ski access create dual-season demand
  • Chamonix center: Mont Blanc draws winter skiers and summer hikers at premium nightly rates
  • Cannes La Croisette: film festival and yacht shows create intense spikes in rates

By the way, we also have a blog article detailing whether owning an Airbnb rental is profitable in France.

Sources and methodology: we analyzed listing density and pricing data from Inside Airbnb for French cities. We cross-referenced local regulations using the 2025 government guide on tourist rentals. Our estimates exclude properties that cannot legally operate full-time as short-term rentals.

Which tourist areas in France are becoming oversaturated with short-term rentals?

The tourist areas in France becoming most oversaturated with short-term rentals are central Paris (especially the Marais in the 3rd and 4th arrondissements), parts of the Basque Coast like Biarritz center, and some Riviera zones including Antibes' old town.

In these oversaturated areas of France, listing density can reach 15 to 25 active entire-home listings per 1,000 residents, which creates intense competition and pushes average occupancy rates down.

The clearest sign these French areas have reached oversaturation is that regulatory crackdowns have intensified: Paris now limits primary-residence rentals to 90 days per year, and many coastal towns have introduced registration requirements and local taxes that squeeze profit margins.

Sources and methodology: we used Inside Airbnb listing counts to measure density per neighborhood. We tracked regulatory changes through the Ville de Paris official rules page and national government guidance. Our analysis flags areas where regulations make consistent short-term rental income difficult.
statistics infographics real estate market France

We have made this infographic to give you a quick and clear snapshot of the property market in France. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.

Which Areas in France Are Best for Long-Term Rentals?

Which neighborhoods in France have the strongest demand for long-term tenants?

The neighborhoods in France with the strongest long-term tenant demand include Paris 12th arrondissement (Nation/Daumesnil area), Lyon 7th arrondissement (Guillotiere), Bordeaux Chartrons, and Toulouse Compans-Caffarelli.

In these high-demand French neighborhoods, well-priced apartments typically rent within two to four weeks, and vacancy rates stay below 3% for properly maintained units.

The tenant profiles driving demand differ by neighborhood:

  • Paris 12th (Nation/Daumesnil): young couples and small families seeking metro access and parks
  • Lyon 7th (Guillotiere): students and young professionals near universities and tech employers
  • Bordeaux Chartrons: professionals and families attracted to the wine district's village feel
  • Toulouse Compans-Caffarelli: aerospace engineers and hospital workers near major employers

What makes these neighborhoods particularly attractive to long-term tenants in France is that each offers a combination of reliable public transport, local shops and restaurants within walking distance, and green spaces or waterfronts nearby.

Finally, please note that we provide a very granular rental analysis in our property pack about France.

Sources and methodology: we identified high-demand areas by cross-referencing rent levels from OLAP with transaction volumes in DVF. We also analyzed employment data from INSEE to understand demand drivers. Our own surveys of property managers confirmed which areas rent fastest.

What are the average long-term monthly rents by neighborhood in France in 2026?

As of early 2026, average long-term monthly rents in France vary widely: a two-bedroom apartment costs around 1,800 to 2,400 euros in central Paris, 1,000 to 1,400 euros in Lyon or Bordeaux, and 700 to 1,000 euros in Toulouse or Montpellier.

In the most affordable French neighborhoods with reasonable tenant demand, entry-level one-bedroom apartments typically rent for 400 to 600 euros per month in cities like Saint-Etienne, Mulhouse, or Marseille's outer districts.

In average-priced French neighborhoods such as Lille Vauban, Lyon 8th, or Nantes Zola, mid-range two-bedroom apartments typically rent for 800 to 1,200 euros per month.

In premium French neighborhoods like Paris 6th, Lyon 6th (Brotteaux), or Nice Carre d'Or, high-end apartments command 2,500 to 4,000 euros per month for similar-sized units.

You may want to check our latest analysis about the rents in France here.

Sources and methodology: we compiled rent data from OLAP for the Paris region and the national OLL network for other cities. We used the ANIL methodology documentation to ensure comparability across metros. Our internal data fills gaps where official sources have limited neighborhood granularity.

Get fresh and reliable information about the market in France

Don't base significant investment decisions on outdated data. Get updated and accurate information with our guide.

buying property foreigner France

Which Are the Up-and-Coming Areas to Invest in France?

Which neighborhoods in France are gentrifying and attracting new investors in 2026?

As of early 2026, the neighborhoods in France that are gentrifying and attracting new investors include Paris 10th arrondissement (Canal Saint-Martin area), Marseille 2nd arrondissement (La Joliette/Euromediterranee), Lyon 7th arrondissement (Jean Mace area), and Bordeaux Saint-Michel.

These gentrifying French neighborhoods have seen annual price appreciation of 3% to 6% over recent years, outpacing their respective city averages as new residents, cafes, and renovated buildings arrive.

Sources and methodology: we tracked price evolution using the DVF database over multiple years to identify above-average growth patterns. We also monitored new business openings and building permits via local municipality data. Our field observations help distinguish genuine gentrification from temporary buzz.

Which areas in France have major infrastructure projects planned that will boost prices?

The areas in France with major infrastructure projects expected to boost property prices are the Grand Paris Express station zones, particularly Saint-Denis Pleyel, Villejuif Gustave Roussy, Noisy-Champs, and the southern suburbs along Line 15.

The specific project transforming these areas is the Grand Paris Express, a 200-kilometer automated metro network with 68 new stations, delivering in phases from 2026 to 2031, which will cut commute times dramatically for many suburbs.

Historically in France, areas around new metro stations have seen price increases of 10% to 20% within three years of station opening, though timing and magnitude vary based on neighborhood starting conditions.

You'll find our latest property market analysis about France here.

Sources and methodology: we used the official Societe des grands projets timeline for delivery dates and station locations. We analyzed historical price impacts around Line 14 extensions using DVF transaction data. Our projections account for delivery delays that have affected some lines.
infographics rental yields citiesFrance

We did some research and made this infographic to help you quickly compare rental yields of the major cities in France versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.

Which Areas in France Should I Avoid as a Property Investor?

Which neighborhoods in France with lots of problems I should avoid and why?

The neighborhoods in France that present the most challenges for property investors include parts of Marseille's northern districts (13th, 14th, 15th arrondissements), some blocks around Gare du Nord in Paris 10th, Roubaix in the Lille metro area, and deteriorating social housing zones in Saint-Denis.

Each of these areas has distinct problems investors should understand:

  • Marseille 13th/14th/15th: high vacancy rates, building quality issues, and difficult tenant management
  • Paris Gare du Nord surroundings: noise, safety concerns, and transient foot traffic lower appeal
  • Roubaix: population decline, high unemployment, and weak rental demand outside student pockets
  • Saint-Denis social housing zones: stigmatization, limited resale liquidity, and maintenance backlogs

For these troubled French neighborhoods to become viable investment options, they would need sustained job creation, improved public transport connections, and visible public investment in streetscapes and building rehabilitation over several years.

Buying a property in the wrong neighborhood is one of the mistakes we cover in our list of risks and pitfalls people face when buying property in France.

Sources and methodology: we cross-referenced crime statistics from the Ministry of Interior SSMSI data with vacancy rates and transaction volumes in DVF. We also reviewed local news sources for redevelopment announcements. Our risk assessments prioritize resale liquidity, not just purchase price.

Which areas in France have stagnant or declining property prices as of 2026?

As of early 2026, the areas in France with stagnant or declining property prices include former work-from-home hotspots that overheated in 2020-2021 (parts of Brittany coast, some Dordogne villages), struggling industrial towns like Saint-Etienne and Mulhouse, and overbuilt new-development zones in outer suburbs.

These stagnating French areas have experienced price declines of 5% to 15% from their 2022 peaks, or flat prices for three consecutive years while inflation eroded real value.

The underlying causes of price stagnation differ by area:

  • Brittany/Dordogne villages: remote work enthusiasm faded and buyers returned to cities with amenities
  • Saint-Etienne: continued population decline and lack of major employers weakens buyer demand
  • Mulhouse: industrial restructuring reduced the workforce that historically supported housing demand
  • Outer suburban new-builds: oversupply from developers plus higher interest rates crushed first-time buyer demand
Sources and methodology: we tracked price changes using INSEE's quarterly housing price index for national trends and DVF for local patterns. We used Banque de France credit data to understand demand-side constraints. Our analysis identifies structural versus cyclical weakness.

Buying real estate in France can be risky

An increasing number of foreign investors are showing interest. However, 90% of them will make mistakes. Avoid the pitfalls with our comprehensive guide.

investing in real estate foreigner France

Which Areas in France Have the Best Long-Term Appreciation Potential?

Which areas in France have historically appreciated the most recently?

The areas in France that have appreciated most over the past five to ten years are Bordeaux (before cooling in 2023-2024), Lyon's central arrondissements (especially the 1st and 7th), Nantes center, and Paris inner suburbs like Montreuil and Pantin.

Here is what each top-performing area gained:

  • Bordeaux (Chartrons, Saint-Pierre): roughly 60% to 80% total gain from 2015 to 2022, now stabilized
  • Lyon 1st and 7th: roughly 40% to 50% gain over ten years, driven by tech and student growth
  • Nantes center (Graslin, Bouffay): roughly 50% gain as the city attracted Parisian migrants
  • Montreuil/Pantin: roughly 50% to 70% gain as Paris spillover sought affordable creative quarters

The main driver behind above-average appreciation in these French areas was a combination of improved rail connections (TGV for Bordeaux and Nantes, metro extensions for Paris suburbs), arrival of young professionals priced out of central Paris, and lifestyle reputation upgrades that attracted new restaurants and cultural venues.

By the way, you will find much more detailed trends and forecasts in our pack covering there is to know about buying a property in France.

Sources and methodology: we calculated historical appreciation using DVF transaction prices over multiple years. We also referenced Paris Notaires historical series for Ile-de-France. Our appreciation estimates are inflation-adjusted where noted.

Which neighborhoods in France are expected to see price growth in coming years?

The neighborhoods in France expected to see the strongest price growth in coming years are Saint-Denis Pleyel (Grand Paris Express hub), Villejuif Gustave Roussy (new metro plus hospital campus), Aubervilliers along the Line 12 extension, and Lyon Part-Dieu surroundings as the district modernizes.

Here are projected annual growth rates for these high-potential French neighborhoods:

  • Saint-Denis Pleyel: 4% to 7% annually as new metro interchange opens and offices arrive
  • Villejuif Gustave Roussy: 3% to 5% annually with cancer research campus expansion
  • Aubervilliers (Line 12/Line 15): 3% to 5% annually as commute times to central Paris drop
  • Lyon Part-Dieu area: 3% to 4% annually with ongoing tower construction and station renovation

The single most important catalyst expected to drive future price growth in these French neighborhoods is the delivery of committed public transport infrastructure, which permanently reduces commute times and makes locations viable for a wider pool of residents and employers.

Sources and methodology: we based projections on Grand Paris Express delivery schedules and historical price impacts from past metro extensions. We also analyzed employment growth forecasts from INSEE. Our projections assume on-time delivery, which is not guaranteed.
infographics comparison property prices France

We made this infographic to show you how property prices in France compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.

What Do Locals and Expats Really Think About Different Areas in France?

Which areas in France do local residents consider the most desirable to live?

The areas in France that local residents consider most desirable to live include Paris 6th (Saint-Germain-des-Pres), Lyon 6th (Brotteaux/Massena), Bordeaux Chartrons/Jardin Public area, and Annecy old town.

Each area is valued by locals for different qualities:

  • Paris 6th (Saint-Germain): literary cafes, Luxembourg Gardens, and old Parisian character
  • Lyon 6th (Brotteaux): leafy streets, Tete d'Or park access, and excellent schools
  • Bordeaux Chartrons: village atmosphere, Sunday market, and wine bar culture
  • Annecy old town: lakefront canals, Alpine views, and tight-knit community feel

These locally-preferred French areas tend to attract upper-middle-class families, established professionals, and retirees who prioritize quality of life over rental yield.

Local preferences in France often align with what foreign investors target at the high end, but locals tend to value neighborhood character and school quality more than short-term rental potential or raw appreciation metrics.

Sources and methodology: we identified local preferences through price premiums in DVF and low time-on-market patterns in Meilleurs Agents data. We also reviewed local press and lifestyle rankings. Our assessment reflects where French families with means choose to buy.

Which neighborhoods in France have the best reputation among expat communities?

The neighborhoods in France with the best reputation among expat communities include Paris 7th (Invalides/Ecole Militaire), Paris 16th (Passy/La Muette), Neuilly-sur-Seine, Nice Carre d'Or and Mont Boron, and Aix-en-Provence historic center.

Expats prefer these neighborhoods for specific reasons:

  • Paris 7th: international schools nearby, embassy presence, and safe family environment
  • Paris 16th (Passy): bilingual schools, quiet residential streets, and Bois de Boulogne access
  • Neuilly-sur-Seine: American School of Paris proximity and suburban feel near central Paris
  • Nice Carre d'Or/Mont Boron: Mediterranean lifestyle, English-speaking services, and sea views
  • Aix-en-Provence center: Provencal charm, cultural events, and manageable city size

The expat profile most commonly found in these French neighborhoods includes corporate executives on international assignments, retired couples seeking lifestyle upgrades, and entrepreneurs who can work remotely.

Sources and methodology: we identified expat preferences through international school locations, English-speaking real estate agency activity, and Meilleurs Agents buyer origin data where available. We also consulted expat forums and relocation guides. Our assessment focuses on where expats actually buy, not just visit.

Which areas in France do locals say are overhyped by foreign buyers?

The areas in France that locals commonly say are overhyped by foreign buyers include central Paris tourist zones (especially the Marais), the French Riviera's most famous addresses (La Croisette in Cannes, Promenade des Anglais frontage in Nice), and Provence postcard villages like Gordes or Saint-Remy-de-Provence.

Locals believe these areas are overvalued for distinct reasons:

  • Paris Marais: beautiful but noisy, tourist-clogged streets make daily life inconvenient
  • Cannes La Croisette: prices reflect the brand name, not year-round livability or rental reality
  • Nice Promenade frontage: traffic noise and limited parking frustrate actual residents
  • Provence postcard villages: seasonal ghost towns with minimal services in winter months

Foreign buyers typically see prestige addresses and tourism appeal in these French areas, while locals know that daily convenience, year-round community, and value-for-money often suffer in the most famous locations.

By the way, we've written a blog article detailing the experience of buying a property as a foreigner in France.

Sources and methodology: we compared price premiums in famous areas using DVF against rental yields calculated from OLAP observed rents. We also monitored local commentary in French real estate forums. Our view prioritizes investment fundamentals over lifestyle appeal.

Which areas in France are considered boring or undesirable by residents?

The areas in France that residents commonly consider boring or undesirable include La Defense business district (outside work hours), outer Parisian suburbs like Cergy-Pontoise or Marne-la-Vallee residential zones, office-heavy districts in Lyon Part-Dieu, and car-dependent sprawl around most mid-size French cities.

Residents find these areas uninviting for specific reasons:

  • La Defense: glass towers empty after 7pm, minimal street life or neighborhood character
  • Cergy-Pontoise/Marne-la-Vallee: designed for commuters, lacking cafes or walkable centers
  • Lyon Part-Dieu (pure office zone): concrete-heavy with few residents and sparse nightlife
  • Outer suburban sprawl: car-mandatory, chain stores, and no distinctive local identity
Sources and methodology: we identified less desirable areas through lower price-per-square-meter ratios in DVF despite good transport links. We also analyzed rental demand patterns in OLL data. Our assessment reflects both market signals and livability factors.

Don't lose money on your property in France

100% of people who have lost money there have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.

investing in real estate in  France

What sources have we used to write this blog article?

Whether it's in our blog articles or the market analyses included in our property pack about France, we always rely on the strongest methodology we can and we don't throw out numbers at random.

We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.

Source Why It's Authoritative How We Used It
INSEE House Price Index France's official statistics agency and the benchmark for nationwide price trends. We used it to anchor the "where is the cycle in early 2026" view. We avoided over-interpreting neighborhood anecdotes when the national market is broadly stable.
DVF (Demandes de valeurs foncieres) The French government's official database of actual sale transactions. We used it as ground truth for what homes actually sold for, not asking prices. We sanity-checked private indexes and identified where micro-markets diverge.
Paris Notaires Price Map Transaction-based prices by arrondissement from the Paris notariat. We validated big Paris and inner suburbs gradients in early 2026. We identified where prices are structurally high versus merely fashionable.
Meilleurs Agents A large French housing analytics platform with frequent updates. We got fine-grained arrondissement and street price levels consistent with early 2026. We added specificity where notarial maps are coarser or lagged.
OLAP (Paris Rent Observatory) The reference rent observatory for the Paris region. We anchored Paris rent medians when discussing rental demand and constraints. We kept the "Paris yields are low" claim evidence-based.
National OLL Rent Results Official open data of observed rent results across French metros. We compared rent levels across multiple cities on a consistent basis. We built cross-city yield ranges rather than guessing.
Grand Paris Express (SGP) The state entity in charge of delivering the Grand Paris Express network. We identified specific future stations with structural accessibility upgrades. We separated hype from projects with real committed delivery windows.
2025 Tourist Rental Guide An official guide consolidating the regulatory framework for short-term rentals. We assessed short-term rental regulatory risk by location in early 2026. We flagged the May 2026 shift toward broader registration and enforcement.
Ville de Paris STR Rules The city's official rule page for the 90-day primary residence limit. We marked central Paris as higher regulatory risk for Airbnb strategies. We explained why great tourism doesn't automatically mean great investor outcomes.
Ministry of Interior (SSMSI) Official statistical service for internal security with comparable indicators. We avoided vibes-based safety claims and explained how to check risk by location. We highlighted that transport hubs can skew local incident rates.

Get the full checklist for your due diligence in France

Don't repeat the same mistakes others have made before you. Make sure everything is in order before signing your sales contract.

real estate trends France