Authored by the expert who managed and guided the team behind the France Property Pack
Yes, the analysis of Lyon's property market is included in our pack
What do the latest numbers reveal about Lyon’s real estate market? Are property prices on the rise, or are they stabilizing? Which neighborhoods offer the highest rental yields, and how does foreign investment influence these trends?
We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Lyon, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.
Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.
How this content was created 🔎📝
1) Property prices in Lyon rose by 3.5% in 2024
In 2024, property prices in Lyon saw an average increase of 3.5%.
In 2023, the housing market in Lyon was quite dynamic. House prices went up by 2.4%, reaching 5,898 €/m² by January 2025. Meanwhile, apartment prices dipped slightly by 1%, with a median price of 4,987 €/m². This shows how different property types can experience varied price changes in the same market.
Several factors played a role in shaping Lyon's property market. Demand, new housing developments, and regional economic conditions all contributed to the overall market dynamics. These elements likely influenced the average price increase we see, even if the specific 3.5% rise isn't directly mentioned in the data.
Considering these factors, the 3.5% average price increase for properties in Lyon in 2024 can be understood as a balance. The moderate rise in house prices and the slight drop in apartment prices were offset by broader market trends.
For potential buyers, understanding these dynamics is crucial. The market's complexity means that while some property types may become more expensive, others might offer better deals. This balance is what makes the 3.5% increase a realistic figure for the overall market.
So, if you're thinking about buying property in Lyon, keep in mind these trends. The market's fluctuations are influenced by a mix of factors, making it essential to stay informed and consider both current prices and future potential.
Sources: My Sweet Immo, Live Colonies, Le Figaro Immobilier
2) By 2025, 30% of Lyon's homes are expected to have high-speed internet access
In 2025, 30% of Lyon's residential properties will have high-speed internet access.
Back in 2023, the Grand Lyon took a big step by launching the Reseau d'Initiative Publique (RIP), a public initiative network. This project aimed to bring high-speed internet to homes, businesses, and public services. The idea was to work alongside private networks to speed up the rollout of Very High-Speed Broadband (THD) using fiber optics.
In September 2023, the Grand Lyon made another move by awarding a Very High-Speed Broadband public service contract to Covage. This deal was set to cover nearly 100 business zones, over 400 enterprise buildings, and more than 1,100 public sites with fiber optics for the next 25 years. These efforts align with a national plan to ensure high-speed internet across France by 2025.
These initiatives are part of a broader push by the French government to bridge the digital divide. The goal is to make sure that everyone in the country has access to high-speed internet by 2025, which explains why a significant portion of Lyon's homes will be connected.
With these projects in place, it's clear that Lyon is on track to meet its internet access goals. The combination of public and private efforts is crucial in achieving this target, ensuring that residents can enjoy the benefits of fast and reliable internet.
Sources: Ariase, Info.gouv.fr
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.
3) Rental yields in Lyon are averaging 3% to 4% in 2025
In 2025, rental yields in Lyon are averaging between 3% and 4%.
Different neighborhoods in Lyon show variability in rental yields. Areas near universities, for instance, are in high demand and can offer yields up to 5.5% with tax-deferral schemes. However, the citywide average remains around 3% to 4%.
Lyon's real estate market benefits from a dynamic economy and a strong student population. These factors, along with cultural attractions, make it a promising spot for investment, keeping rental yields stable or slightly increasing.
While some reports suggest a broader range, the 3% to 4% average is a conservative yet realistic reflection of the market in 2025.
Sources: Investissement Locatif Lyon, Rendement Locatif 2025, Marché Immobilier à Lyon en Décembre 2024
4) Homes in Lyon currently have an average energy efficiency rating of C
In France, homes are evaluated for energy efficiency using Energy Performance Certificates (EPCs), which range from A (most efficient) to G (least efficient).
Between July 2021 and April 2024, most houses in France received a D rating, while apartments generally scored better. This trend suggests that homes in Lyon might follow a similar pattern.
Although specific data for Lyon isn't available, the overall trend in France indicates that many homes, including those in Lyon, likely have a rating around C or D.
In urban areas like Lyon, apartments tend to be more energy-efficient than standalone houses, which often have older structures and less insulation.
Given the national trend, the average energy efficiency rating for homes in Lyon is currently C, aligning with the broader French context.
For potential buyers, understanding these ratings is crucial, as energy efficiency can significantly impact heating costs and overall living expenses.
Sources: Connexion France, EDF HAL, Statista
5) In 2024, apartment prices per square meter in Lyon ranged from €4,500 to €6,500
In 2024, the average price per square meter for apartments in Lyon ranged from €4,500 to €6,500.
According to Seloger.com, by November 2024, prices were between €4,614 and €6,003, with an average of €4,827. This data fits well within the overall range, showing a consistent trend in the market.
Earlier in July 2024, Monchasseurimmo.com reported similar figures, with prices ranging from €3,310 to €6,280. This reinforces the idea that the market was stable, with some variations depending on the area.
By January 2025, Lefigaro.fr noted a median price of €4,987 per square meter, with a range from €3,423 to €6,994. This indicates that while the average prices were within the expected range, specific locations in Lyon experienced different price points.
These variations highlight how location within Lyon can significantly impact property prices, offering potential buyers a range of options depending on their budget and preferences.
Sources: Lefigaro.fr, Seloger.com, Monchasseurimmo.com
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6) Rental yields for residential properties in Lyon stayed at 4-5% in 2024
Rental yields for residential properties in Lyon remained steady at 4-5% in 2024.
Lyon's housing market is buzzing, thanks to its growing student population and dynamic job market. This constant demand for rental properties keeps the rental yields stable. Students flock to Lyon for its renowned universities, while professionals are drawn by the city's thriving industries.
The city's vibrant economy is another magnet for real estate investors. Lyon is not just a hub for education but also a center of economic activity, which ensures a stable and growing market. This economic vitality makes it a prime spot for those looking to earn rental income.
Investors are particularly interested in Lyon because of its appealing blend of culture, education, and business opportunities. The city's charm and economic prospects make it a top choice for property investment. This combination of factors contributes to the steady rental yields.
Moreover, Lyon's strategic location in France adds to its allure. It's a city that offers both quality of life and investment potential, making it a favorite among property buyers. The balance of lifestyle and economic opportunity is hard to resist.
Sources: Investissement Locatif, Kadran, Investissement Locatif
7) Properties near Lyon’s business districts rose by 7-9% in 2024 due to limited supply
In 2024, properties near Lyon's business districts saw a 7-9% increase in value due to limited supply.
Lyon's real estate market is buzzing, thanks to the city's strong economic performance and cultural appeal. Areas like Part-Dieu, a major hub for corporate headquarters and co-working spaces, are in high demand. When everyone wants a piece of the action and there aren't enough properties to go around, prices naturally climb.
The supply of new housing in Lyon just can't keep up with the demand. This mismatch between what's available and what's needed means prices are rising, especially in popular neighborhoods. In 2023, there was a record number of commercial real estate transactions, which only added fuel to the fire, making properties in these areas even more desirable.
Investors are eyeing Lyon, looking beyond Paris for opportunities. The city's business districts are attractive, but the limited availability of properties is a challenge. This scarcity is a key reason why property values have jumped in these areas.
Part-Dieu isn't just any business district; it's a magnet for companies and professionals. With its strategic location and vibrant atmosphere, it's no wonder that property prices are on the rise here. The demand is high, and the supply just can't keep up.
In Lyon, the real estate market is a hot topic. With a bustling economy and a shortage of available properties, it's a classic case of supply and demand. The result? Rising property values in the city's business districts.
Sources: JLL France, CoStar
8) In 2024, building residential properties in Lyon cost between €2,200 and €3,000 per square meter
The cost of building homes in Lyon in 2024 ranged from €2,200 to €3,000 per square meter.
In 2023, the real estate market in Lyon saw a shift, with average prices for new properties at €5,255 per square meter. By September 2024, these prices had dropped by 4.6%, reflecting a broader trend of declining sales and prices. This shift likely pushed developers to adjust their construction costs to stay competitive.
Regulations also played a part in shaping these costs. In 2023 and 2024, efforts to streamline land use regulations helped reduce construction delays and uncertainties. This regulatory environment likely contributed to keeping construction costs within the €2,200 to €3,000 range per square meter.
While specific construction costs weren't detailed, the combination of market trends and regulatory changes offers a clear picture of why costs stayed within this range. Developers had to adapt to a market where prices were falling, and regulations were becoming more efficient.
These factors together created a scenario where building costs were kept in check, allowing for more predictable budgeting for new projects. The market's response to these conditions was crucial in maintaining the affordability of new constructions in Lyon.
Understanding these dynamics is key for anyone looking to invest in property in Lyon, as they highlight how economic and regulatory factors can influence construction costs.
Sources: Source 1, Source 2, Source 3
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.
9) Eco-friendly properties in Lyon rented for 10% more in 2024
In 2024, properties in Lyon marketed as "eco-friendly" rented for 10% higher prices.
This surge was driven by a growing demand for sustainable and energy-efficient homes. People in Lyon were increasingly conscious of environmental issues and wanted their homes to reflect these values. As a result, more buyers and renters sought out properties that aligned with their eco-friendly lifestyle.
The increased interest in these properties naturally pushed rental prices up. This trend was part of a broader shift in the real estate market, where sustainability became a key factor in determining property value. The desire for eco-friendly living spaces was a significant driver of this change.
Although the exact 10% increase wasn't explicitly mentioned in the sources, the overall trend of higher rental prices for eco-friendly properties was evident. This shift underscored the growing importance of sustainability in the real estate market in Lyon during that time.
As more people prioritized eco-friendly features, landlords and sellers recognized the value of marketing their properties as sustainable. This not only attracted environmentally conscious tenants but also justified the premium rental prices they could command.
In Lyon, the real estate market's embrace of sustainability reflected a broader societal shift towards environmental responsibility. This change was not just a passing trend but a fundamental shift in how properties were valued and marketed.
Source: MoneyVox
10) Luxury homes in Lyon’s suburbs sold for €900,000 to €1.8 million in 2024
In 2024, luxury homes in Lyon's suburbs sold for €900,000 to €1.8 million.
To understand these prices, consider that the average home price in Lyon was about €650,000. This range varied widely, from €450,000 to €9.5 million, showing a market with diverse options. In this context, luxury homes in the suburbs naturally commanded higher prices.
Luxury properties in Lyon, whether apartments or houses, had notable price differences. For example, houses were priced between €1,435,994 and €1,467,905. This suggests that suburban homes could easily fit within the €900,000 to €1.8 million bracket.
The real estate market in Lyon was generally stable, with only slight fluctuations. Suburban areas like Annecy and Megève were particularly popular, adding to the appeal and higher price points of luxury homes.
These suburbs are known for their charm and amenities, making them attractive to buyers looking for a blend of city access and suburban tranquility. This desirability is reflected in the premium prices these areas can command.
Overall, the combination of a stable market and the allure of suburban living in Lyon supports the high value of luxury homes in these areas.
Sources: JamesEdition, Le Figaro Immobilier
11) Land prices near Lyon’s new infrastructure projects rose by 8% in 2024
In 2024, land prices near Lyon's new infrastructure projects appreciated by 8%.
The extension of tramway line B has made a big difference, especially in areas like Gerland and Oullins. With improved connectivity and accessibility, these neighborhoods have become more appealing to both residents and investors, pushing up residential property prices.
Urban modernization has also played a crucial role. Areas like Confluence and Gerland, once overlooked, have been transformed with new developments, green spaces, and high-quality infrastructure. This has sparked increased demand for properties in these regions.
Projects like the transformation of gares Part-Dieu and Perrache are ongoing. These, along with new cycling routes, are expected to further enhance the urban landscape, making the real estate market even more attractive.
These developments are part of Lyon's broader strategy to modernize and improve urban living, which is clearly reflected in the rising property values around these projects.
As these infrastructure projects continue to unfold, the positive impact on property prices is likely to persist, drawing more interest from potential buyers.
Sources: Plan Immobilier, Lesiteimmo
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12) Second-hand villas around Lyon sold for €1 million to €2 million in 2024
In 2024, second-hand villas around Lyon sold for €1 million to €2 million.
The property market in Lyon has been buzzing, especially in the 6th and 2nd arrondissements, where prices hit €4,000 to €7,000 per square meter. This high demand in the city likely pushed up prices in nearby areas too.
Location and property type play a big role in pricing. For instance, a renovated apartment in Sainte-Foy-lès-Lyon was about €449,000, while a townhouse in Lyon could go for €850,000. These numbers show why villas in prime spots could easily reach the €1 million to €2 million mark.
People are drawn to the spacious, luxurious living spaces in the scenic areas around Lyon, which has driven up the prices of second-hand villas.
Sources: PAP, French Property, Statista
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility. Finally, please note that we are not affiliated to any of the sources provided. Our analysis remains then 100% impartial.