Authored by the expert who managed and guided the team behind the France Property Pack
Yes, the analysis of Paris' property market is included in our pack
Paris property prices in 2026 have entered a new phase after the correction period, with the market now showing signs of stabilization rather than dramatic swings.
This article breaks down the current housing prices in Paris, the neighborhoods gaining value, and realistic forecasts for the coming years.
We constantly update this blog post to reflect the latest data and market conditions.
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 Paris.
Insights
- Paris apartments average around 11,300 euros per square meter in January 2026, but prices in the 6th arrondissement can be nearly double those in the 19th or 20th.
- Property prices in Paris grew between 0% and 2% over the past 12 months, a significant shift from the earlier correction period when prices were falling.
- Mortgage rates in France dropped to the low 3% range in late 2025, giving buyers roughly 15% more purchasing power compared to the peak rate period.
- The 12th, 13th, and 20th arrondissements are seeing the fastest price growth in Paris, driven by relative affordability and improved metro connections.
- Energy-efficient apartments in Paris are now selling at a 5% to 10% premium over similar units with poor energy ratings.
- Townhouses and houses in Paris proper trade at 12,500 to 16,000 euros per square meter because they represent less than 5% of available housing stock.
- Over the next five years, Paris property prices are expected to grow between 10% and 20% cumulatively, assuming mortgage rates stay in the current range.
- The Grand Paris Express metro expansion will add 68 new stations by 2030, and properties near completed stations have historically gained 8% to 15% in value.
What are the current property price trends in Paris as of 2026?
What is the average house price in Paris as of 2026?
As of early 2026, the average property price in Paris sits around 620,000 euros (approximately 645,000 USD or 595,000 GBP) for a typical 55-square-meter apartment, which is the most common property type in this apartment-dominated city.
To put this in perspective, the average price per square meter for Paris properties in January 2026 is roughly 11,300 euros (about 11,750 USD or 10,850 GBP), though this figure varies dramatically depending on the arrondissement.
The realistic price range that covers about 80% of property purchases in Paris in 2026 spans from 300,000 euros for a small studio in an outer arrondissement to around 1.2 million euros for a family-sized apartment in a central location, which translates to roughly 312,000 to 1.25 million USD or 288,000 to 1.15 million GBP.
How much have property prices increased in Paris over the past 12 months?
Property prices in Paris increased by approximately 0% to 2% over the past 12 months, marking a shift from decline to stabilization after the earlier correction period.
The price changes varied across property types in Paris over the past year, with well-located apartments seeing gains of 1% to 3% while properties needing major renovation or with poor energy ratings often saw flat or slightly negative movement.
The single most significant factor behind this stabilization in Paris property prices was the drop in mortgage rates from their peak to the low 3% range, which restored meaningful purchasing power to buyers who had been sidelined during the rate spike.
Which neighborhoods have the fastest rising property prices in Paris as of 2026?
As of early 2026, the neighborhoods with the fastest rising property prices in Paris include Nation and Aligre in the 12th arrondissement, Paris Rive Gauche near Bibliothèque in the 13th arrondissement, and Gambetta and Père-Lachaise in the 20th arrondissement.
These top-performing Paris neighborhoods have seen annual price growth of approximately 2% to 4%, outpacing the city average by roughly one to two percentage points.
The main demand driver explaining why these Paris neighborhoods are experiencing faster price growth is their combination of relative affordability compared to central arrondissements, improving metro connectivity, and the "still Paris but better value" appeal that attracts buyers who have been priced out of more expensive areas.
By the way, you will find much more detailed price ranges across neighborhoods in our property pack covering the real estate market in Paris.
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 property types are increasing faster in value in Paris as of 2026?
As of early 2026, the ranking of property types by value appreciation in Paris places energy-efficient apartments at the top, followed by family-sized apartments with outdoor space, then duplexes and lofts, with unrenovated units requiring major work at the bottom.
The top-performing property type in Paris, which is the well-located energy-efficient apartment, has seen appreciation of approximately 2% to 3.5% over the past year.
The main reason energy-efficient apartments are outperforming other property types in Paris is that they are easier to finance, easier to rent out legally under new energy regulations, and easier to resell, making them the "path of least resistance" for both buyers and investors.
Finally, if you're interested in a specific property type, you will find our latest analyses here:
What is driving property prices up or down in Paris as of 2026?
As of early 2026, the top three factors driving Paris property prices are mortgage rate movements (which set the affordability ceiling for most buyers), chronic housing supply constraints (Paris simply does not have enough quality homes), and the ECB's interest rate policy (which determines how cheap financing can get).
Among these factors, the persistent shortage of quality housing supply in Paris exerts the strongest upward pressure on prices because the city cannot easily add new construction, which means any improvement in buyer affordability tends to push prices higher rather than increase transaction volume.
If you want to understand these factors at a deeper level, you can read our latest property market analysis about Paris here.
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What is the property price forecast for Paris in 2026?
How much are property prices expected to increase in Paris in 2026?
As of early 2026, Paris property prices are expected to increase by approximately 1% to 3% over the course of the year, with apartments likely at the higher end of that range and the thin house market potentially flat.
Different analysts project a range of outcomes for Paris property prices in 2026, from essentially flat growth in pessimistic scenarios to around 4% in optimistic scenarios where mortgage rates decline further.
The main assumption underlying most Paris price forecasts is that mortgage rates will remain in the low 3% range and that no major economic shock will disrupt household confidence or employment in the Île-de-France region.
We go deeper and try to understand how solid are these forecasts in our pack covering the property market in Paris.
Which neighborhoods will see the highest price growth in Paris in 2026?
As of early 2026, the Paris neighborhoods expected to see the highest price growth include Nation, Picpus, and Aligre in the 12th arrondissement, Bibliothèque and Paris Rive Gauche in the 13th arrondissement, and Gambetta and Jourdain in the 19th and 20th arrondissements.
These top-performing Paris neighborhoods are projected to see price growth of 3% to 5% in 2026, roughly double the city-wide average.
The primary catalyst driving expected growth in these Paris neighborhoods is the combination of improving transport links from the Grand Paris Express expansion and their positioning as "value alternatives" for buyers who want to stay within Paris but cannot afford the central arrondissements.
One emerging Paris neighborhood that could surprise with higher-than-expected growth is Batignolles in the 17th arrondissement, where prices remain below the prime core and the area is benefiting from ongoing urban renewal projects.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Paris.
What property types will appreciate the most in Paris in 2026?
As of early 2026, energy-efficient apartments in family-friendly neighborhoods are expected to appreciate the most in Paris, particularly two to three bedroom units with good natural light and manageable building charges.
This top-performing property type in Paris is projected to appreciate by 3% to 4% in 2026, outpacing the broader market by about one percentage point.
The main demand trend driving appreciation for this property type in Paris is the convergence of stricter energy regulations (which make efficient units easier to rent), family housing shortages (which keep demand high), and financing preferences (which favor "move-in ready" homes).
On the other hand, properties expected to underperform in Paris during 2026 include unrenovated apartments with poor energy ratings (DPE class F or G), because these face rental restrictions, higher renovation costs, and buyer reluctance.
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.
How will interest rates affect property prices in Paris in 2026?
As of early 2026, the current interest rate environment is providing modest support to Paris property prices, as the drop in mortgage rates from their peak has improved buyer affordability without triggering a demand surge.
The benchmark ECB deposit rate stands at around 2% as of late 2025, and French mortgage rates for new loans have settled in the low 3% range, with most forecasters expecting rates to remain relatively stable through 2026.
A 1% change in mortgage rates typically affects Paris property affordability by about 10% to 12%, meaning buyers can afford roughly 10% more property if rates drop by one point, which tends to translate into price increases of 5% to 8% over the following 12 to 18 months.
You can also read our latest update about mortgage and interest rates in France.
What are the biggest risks for property prices in Paris in 2026?
As of early 2026, the three biggest risks for Paris property prices are an unexpected rise in interest rates (if inflation resurges), a macroeconomic downturn that increases unemployment in Île-de-France, and regulatory or tax changes that reduce investor appetite or increase transaction costs.
Among these risks, a macroeconomic shock leading to higher unemployment has the highest probability of materializing in Paris, given the uncertain global economic environment and the region's dependence on service sector employment.
We actually cover all these risks and their likelihoods in our pack about the real estate market in Paris.
Is it a good time to buy a rental property in Paris in 2026?
As of early 2026, buying a rental property in Paris can be a reasonable long-term decision for investors who prioritize stable demand and scarcity value over rapid price appreciation, though returns will depend heavily on buying the right type of property in the right location.
The strongest argument in favor of buying a rental property in Paris now is that structural demand for housing remains extremely high, supply is permanently constrained, and improved financing conditions allow better negotiation leverage than buyers had during the rate spike period.
On the other hand, the strongest argument for waiting is that price growth in 2026 is expected to be modest, rental regulations are strict, and renovation costs for bringing properties up to energy standards can significantly reduce returns on older units.
If you want to know our latest analysis (results may differ from what you just read), you can read our assessment on whether now is a good time to buy a property in Paris.
You'll also find a dedicated document about this specific question in our pack about real estate in Paris.
Buying real estate in Paris 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.
Where will property prices be in 5 years in Paris?
What is the 5-year property price forecast for Paris as of 2026?
As of early 2026, cumulative property price growth in Paris over the next five years is expected to reach approximately 10% to 20% in our base-case scenario, bringing average prices per square meter to roughly 12,400 to 13,500 euros by late 2030.
The range of five-year forecasts for Paris spans from a conservative 0% to 10% growth (if rates rise and the economy weakens) to an optimistic 20% to 30% (if financing conditions ease further and income growth is strong).
This works out to a projected average annual appreciation rate of roughly 2% to 4% per year for Paris property over the next five years.
The key assumption most forecasters rely on for their five-year Paris predictions is that mortgage rates will gradually stabilize or decline modestly, and that no major structural change (such as a prolonged recession or significant tax changes) will disrupt the market.
Which areas in Paris will have the best price growth over the next 5 years?
The three Paris areas expected to have the best price growth over the next five years are the 12th arrondissement (particularly Nation, Aligre, and Picpus), the 13th arrondissement (especially Paris Rive Gauche and Bibliothèque), and the improving pockets of the 19th and 20th arrondissements (Jourdain, Gambetta, Père-Lachaise).
These top-performing Paris areas are projected to see five-year cumulative price growth of 15% to 30%, compared to 10% to 20% for the city average.
This longer-term forecast is largely consistent with our 2026 predictions, but extends the catch-up story over more time, allowing these neighborhoods to close more of the price gap with central arrondissements as infrastructure improvements mature and buyer recognition builds.
The currently undervalued Paris area with the best potential for outperformance over five years is parts of the 17th arrondissement, particularly Batignolles and Épinettes, where prices remain below the prime core but livability and connectivity are improving.
What property type will give the best return in Paris over 5 years as of 2026?
As of early 2026, the property type expected to give the best total return over five years in Paris is the mid-sized apartment (two to three rooms) in a renter-friendly neighborhood, ideally with good energy performance or easy upgrade potential.
The projected five-year total return for this property type in Paris, combining appreciation and rental income, is approximately 25% to 40% (or 5% to 8% per year), though this varies significantly based on purchase price and location.
The main structural trend favoring mid-sized apartments over the next five years in Paris is the combination of permanent housing scarcity, broad tenant demand (these units appeal to young professionals, couples, and small families), and liquidity (they are easiest to resell).
For investors seeking the best balance of return and lower risk over five years in Paris, renovated two-bedroom apartments in well-connected outer arrondissements offer strong rental demand with less trophy-pricing risk than ultra-prime locations.
How will new infrastructure projects affect property prices in Paris over 5 years?
The top three major infrastructure projects expected to impact Paris property prices over the next five years are the Grand Paris Express metro expansion (adding 68 new stations), ongoing urban renewal projects in eastern arrondissements, and the continued improvement of cycling and pedestrian infrastructure across the city.
Properties located near completed Grand Paris Express stations have historically seen price premiums of 8% to 15% compared to similar properties further from transit, and this pattern is expected to continue as new lines open.
The specific Paris neighborhoods that will benefit most from these infrastructure developments include areas along new metro lines in the 12th, 13th, and 17th arrondissements, as well as communes just outside Paris that will gain direct connections to central business districts.
How will population growth and other factors impact property values in Paris in 5 years?
The Paris proper population has been edging slightly downward in recent years according to official estimates, but property demand remains high because household sizes are shrinking, job concentration in the region is strong, and housing supply is permanently constrained.
The demographic shift that will have the strongest influence on property demand in Paris over the next five years is the continued growth of single-person and two-person households, which increases the need for smaller and mid-sized apartments even if total population is flat.
Migration patterns, both domestic (French people moving to the Paris region for work) and international (students, professionals, and investors), are expected to maintain strong pressure on Paris property values, particularly in areas with good transport links and quality of life.
The property types and areas that will benefit most from these demographic trends in Paris are compact apartments in livable neighborhoods with good schools, parks, and transit, particularly in the 11th, 12th, and parts of the 15th and 17th arrondissements.
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 is the 10 year property price outlook in Paris?
What is the 10-year property price prediction for Paris as of 2026?
As of early 2026, cumulative property price growth in Paris over the next 10 years is expected to reach approximately 25% to 45% in our base-case scenario, translating to average prices per square meter of roughly 14,000 to 16,400 euros by 2036.
The range of 10-year forecasts for Paris spans from a conservative 10% to 20% (if structurally higher rates persist and growth is weak) to an optimistic 50% to 70% (if a sustained low-rate environment returns and the Paris economy outperforms).
This works out to a projected average annual appreciation rate of roughly 2% to 4% per year for Paris property over the next decade.
The biggest uncertainty factor in making 10-year Paris property predictions is the long-term interest rate environment, because small sustained changes in financing costs compound dramatically over a decade and can shift outcomes by 20 percentage points or more.
What long-term economic factors will shape property prices in Paris?
The top three long-term economic factors that will shape Paris property prices over the next decade are the interest rate regime (which sets the affordability ceiling), income growth in the Île-de-France region (which determines purchasing power), and the structural housing supply constraint (which prevents price corrections from becoming permanent).
Among these factors, the structural supply constraint will likely have the most positive long-term impact on Paris property values, because unlike interest rates which can move against buyers, the scarcity of quality housing in Paris is essentially permanent.
The greatest structural risk to Paris property values over the long term is a sustained period of higher interest rates, which would cap affordability and limit price growth even if demand remains strong.
You'll also find a much more detailed analysis in our pack about real estate in Paris.
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 Paris, 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 Housing Price Statistics | France's official statistics office and the benchmark for housing price data. | We used it to anchor France-wide and segment-level price movements. We then translated national signals into Paris-specific implications. |
| INSEE Notaires-INSEE Methodology | Explains the official quality-constant method behind French housing indices. | We used it to justify why notary-based indices are more reliable than ad-only averages. We also explained how standardized prices reduce mix-of-sales bias. |
| Chambre des Notaires du Grand Paris | The notary chamber's transaction-based dataset, updated regularly with real sales. | We used it as our primary ground truth for Paris transaction pricing. We also used its quarterly evolutions to describe market momentum. |
| Paris Notaires Arrondissement Data | Direct notary transaction data standardized and broken down by arrondissement. | We used it to quantify price levels by arrondissement and identify which parts of Paris are rising faster. We avoided neighborhood claims without numbers. |
| Banque de France Credit Statistics | France's central bank publishes the most trusted mortgage rate series. | We used it to pin down the mortgage rate backdrop. We then connected rate moves to likely price pressure in 2026. |
| Banque de France Macro Projections | The central bank's official forecast channel for French growth and inflation. | We used it to frame plausible scenarios for 2026 to 2028 demand. We translated macro scenarios into price band forecasts for Paris. |
| ECB Key Interest Rates | The primary source for euro-area policy rates that influence French mortgages. | We used it to explain the direction of financing conditions. We also connected policy rate risk to price upside limits. |
| Reuters | A high-reliability wire service for dated, attributable macro developments. | We used it to date-stamp the January 2026 macro mood. We mapped that context to housing affordability and buyer sentiment. |
| Crédit Logement Observatory | A long-running French mortgage market observatory cited by institutions. | We used it to cross-check credit demand versus Banque de France rate prints. We supported our affordability narrative with their data. |
| Institut Paris Region | A recognized public-interest research body for Paris region planning. | We used it to ground the supply story and housing scarcity. We connected supply tightness to long-run price resilience. |
| INSEE Paris Population Series | The official population series used for planning and policy decisions. | We used it to describe the demand base and demographic trend inside Paris. We kept population claims factual rather than speculative. |
| Eurostat Housing Price Index | The EU's official statistics office with consistent HPI definitions. | We used it to align our definitions of what counts as residential. We also cross-checked that France is not an outlier versus EU cycles. |
| Savills Residential Forecasts | A major global real estate consultancy with published forecast methodology. | We used it to sanity-check our medium-term growth rates. We adjusted for Paris's scarcity premium versus mainstream averages. |
| PwC Emerging Trends in Real Estate | A widely cited annual survey used by institutional real estate decision-makers. | We used it to frame investor sentiment and risk factors for 2026 in Europe. We translated that into plausible scenarios for Paris residential demand. |
| Notaires de France | The national notary organization summarizing market signals across France. | We used it to cross-validate the turning point narrative. We applied the same stabilization lens to Paris where supply constraints are tighter. |
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If you want to go deeper, you can read the following: