What are rents like in Paris right now? (2026)

Paris remains one of Europe's tightest rental markets, and understanding current rent levels is essential whether you're a landlord or a tenant.

In this article, we break down the latest Paris rental prices as of the first half of 2026, covering everything from studio rents to neighborhood trends and landlord costs.

We constantly update this blog post with fresh data.

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.

Who is the author of this content?

INVESTROPA

A team specialized in real estate investing in European countries

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Paris. If you’d like to learn more about us, you can check our presentation page.

What are typical rents in Paris as of 2026?

What's the average monthly rent for a studio in Paris as of 2026?

As of early 2026, the average monthly rent for a studio in Paris is approximately €790 (around $850 USD), based on a typical 24 square meter apartment rented to a new tenant.

Paris studio rents realistically range from about €600 to €1,100 per month ($650 to $1,190 USD), depending on neighborhood and condition.

The main factors causing studio rents to vary include the arrondissement (central areas like the Marais cost more), floor level, elevator availability, and whether the unit is furnished.

What's the average monthly rent for a 1-bedroom in Paris as of 2026?

As of early 2026, the average monthly rent for a 1-bedroom apartment in Paris is approximately €1,200 ($1,300 USD), based on a typical 42 square meter unit.

Realistically, 1-bedroom rents in Paris range from about €900 to €1,600 per month ($970 to $1,730 USD), covering most of the market.

The cheapest 1-bedroom rents tend to be in the 19th and 20th arrondissements, while the most expensive are in the 6th, 7th, and 8th arrondissements near Saint-Germain-des-Prés and the Champs-Élysées.

What's the average monthly rent for a 2-bedroom in Paris as of 2026?

As of early 2026, the average monthly rent for a 2-bedroom apartment in Paris is approximately €1,790 ($1,930 USD), based on a typical 64 square meter unit.

In practice, 2-bedroom rents range from about €1,400 to €2,500 per month ($1,510 to $2,700 USD), depending on location and quality.

The most affordable 2-bedrooms are typically in the 18th, 19th, and 20th arrondissements, while the priciest concentrate in the 6th (Saint-Germain), 7th (Invalides), and 16th (Trocadéro).

By the way, you will find much more detailed rent ranges in our property pack covering the real estate market in Paris.

What's the average rent per square meter in Paris as of 2026?

As of early 2026, the average rent per square meter in Paris is approximately €27 for existing leases and €29 for new leases ($29 to $31 USD/m²).

Across neighborhoods, rent per square meter ranges from about €22/m² in outer arrondissements to €38/m² or more in premium central areas like the 6th and 7th.

Paris rent per square meter is roughly double what you would pay in Lyon or Marseille, making it France's most expensive rental market.

Properties commanding above-average rent typically feature an elevator, balcony or terrace, good natural light, quiet courtyard orientation, or high energy performance rating.

How much have rents changed year-over-year in Paris in 2026?

As of early 2026, Paris rents for existing leases have increased by approximately 1.5% year-over-year, while new lease rents have risen by around 2.5%.

The main factors driving rent changes include continued low vacancy rates, limited new construction, and the cooling of rent indexation after the high-inflation period of 2022-2023.

This year's rent growth is slightly slower than the 2.6% increase observed in 2024, reflecting the moderating effect of the IRL index and tighter regulation enforcement.

What's the outlook for rent growth in Paris in 2026?

As of early 2026, projected rent growth for new leases in Paris is expected to fall between 1% and 3%, with existing lease rents rising slightly less due to indexation constraints.

Key factors influencing Paris rent growth include persistently weak new construction, strong demand from students and professionals, and tighter short-term rental regulations potentially returning units to the long-term market.

Neighborhoods expected to see the strongest rent growth include Canal Saint-Martin (10th), Oberkampf (11th), and Batignolles (17th), where young professional demand is intense.

Risks that could cause growth to differ from projections include changes to rent control policies, economic slowdown, or faster-than-expected return of short-term rental units.

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 neighborhoods rent best in Paris as of 2026?

Which neighborhoods have the highest rents in Paris as of 2026?

As of early 2026, the three Paris neighborhoods with the highest rents are Saint-Germain-des-Prés (6th), the Invalides/Eiffel Tower area (7th), and Trocadéro (16th), where rents can exceed €35/m² ($38 USD/m²).

These neighborhoods command premium rents due to prestigious addresses, Haussmann-era architecture, cultural landmarks, and access to high-end amenities.

Typical tenants in these areas include senior executives, diplomats, expats at multinationals, and wealthy families seeking proximity to international schools and embassies.

By the way, we've written a blog article detailing what are the current best areas to invest in property in Paris.

Where do young professionals prefer to rent in Paris right now?

The three Paris neighborhoods where young professionals most prefer to rent are Canal Saint-Martin (10th), Oberkampf/République (11th), and South Pigalle (9th).

Young professionals here typically pay between €900 and €1,400 per month ($970 to $1,510 USD) for a studio or small one-bedroom.

What attracts them includes the lively café and bar scene, excellent métro connections, walkability, and a creative atmosphere less formal than western arrondissements.

By the way, you will find a detailed tenant analysis in our property pack covering the real estate market in Paris.

Where do families prefer to rent in Paris right now?

The three Paris neighborhoods where families most prefer to rent are the 15th (Commerce/Convention), the 16th (Auteuil, Passy, La Muette), and the 17th (Batignolles).

Families renting 2 to 3 bedroom apartments here typically pay between €1,800 and €3,000 per month ($1,940 to $3,240 USD).

These neighborhoods attract families with larger apartments, proximity to parks, calmer residential streets, and strong neighborhood community.

Top-rated schools nearby include Lycée Janson de Sailly (16th), Collège Buffon (15th), and several bilingual and international schools in western arrondissements.

Which areas near transit or universities rent faster in Paris in 2026?

As of early 2026, the three Paris areas near transit or universities that rent fastest are the Latin Quarter/Sorbonne (5th), Jussieu (5th), and Cité Universitaire/Porte d'Orléans (14th).

Properties here typically stay listed for just 7 to 10 days, compared to 15 to 20 days in less connected neighborhoods.

The rent premium for properties within walking distance of universities or major métro hubs is typically €50 to €150 per month ($55 to $160 USD) higher than comparable apartments further away.

Which neighborhoods are most popular with expats in Paris right now?

The three Paris neighborhoods most popular with expats are the 7th (Invalides/Eiffel Tower), the 16th (Passy/Trocadéro), and Saint-Germain-des-Prés (6th).

Expats here typically pay between €1,500 and €3,500 per month ($1,620 to $3,780 USD) for furnished one to two bedroom apartments.

These areas attract expats with proximity to international schools and embassies, English-speaking services, prestigious addresses, and available furnished apartments meeting legal requirements.

The most represented expat communities include Americans, British, Western Europeans, and significant populations from Asia and the Middle East in diplomacy, finance, and multinationals.

And if you are also an expat, you may want to read our exhaustive guide for expats in Paris.

Who rents, and what do tenants want in Paris right now?

What tenant profiles dominate rentals in Paris?

The three tenant profiles dominating the Paris rental market are students, young professionals, and mobile workers or corporate renters.

Students represent a particularly large share of demand (especially for small units), followed by young professionals seeking one-bedrooms, and mobile workers/expats dominating the furnished segment.

Students typically seek studios or shared apartments near universities, young professionals want one-bedrooms near métro and nightlife, and corporate renters require furnished two-bedrooms in central or western arrondissements.

If you want to optimize your cashflow, you can read our complete guide on how to buy and rent out in Paris.

Do tenants prefer furnished or unfurnished in Paris?

In Paris, furnished rentals dominate among studios and one-bedrooms (roughly 60% of demand), while unfurnished is more common for family-sized apartments (around 70% of demand).

The typical rent premium for furnished apartments is around €100 to €200 per month ($110 to $215 USD) compared to equivalent unfurnished units.

Tenant profiles preferring furnished rentals include students needing move-in-ready options, expats on corporate assignments, and mobile professionals staying one to two years.

Which amenities increase rent the most in Paris?

The five amenities increasing rent the most in Paris are elevators in buildings above the third floor, outdoor space (balcony/terrace), good natural light with quiet courtyard orientation, in-unit laundry/dishwasher, and high energy performance rating.

An elevator can add €50 to €100 per month ($55 to $110 USD), a balcony/terrace €100 to €200 ($110 to $215 USD), and a good energy rating €50 to €150 extra ($55 to $160 USD) as poorly rated homes face stricter constraints.

In our property pack covering the real estate market in Paris, we cover what are the best investments a landlord can make.

What renovations get the best ROI for rentals in Paris?

The five renovations with the best ROI for Paris rentals are energy upgrades (insulation, windows, heating), kitchen refresh, bathroom modernization, layout optimization for storage/workspace, and improved lighting and electrical systems.

Energy upgrades typically cost €5,000 to €15,000 ($5,400 to $16,200 USD) and justify €50 to €150/month more; kitchen refresh costs €3,000 to €8,000 and adds €30 to €80/month; bathroom updates run €2,000 to €6,000 and add €20 to €60/month.

Renovations with poor ROI to avoid include luxury finishes exceeding neighborhood standards, highly personalized design choices, and expensive structural changes that don't add usable space.

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 strong is rental demand in Paris as of 2026?

What's the vacancy rate for rentals in Paris as of 2026?

As of early 2026, the vacancy rate for long-term rentals in Paris is estimated at just 1% to 2%, making it one of Europe's tightest rental markets.

Across neighborhoods, vacancy rates range from under 1% in high-demand central arrondissements to around 2% to 3% in some outer areas, though even these are very low by international standards.

The current Paris vacancy rate is well below the historical average, reflecting years of insufficient new construction combined with strong demand from students, professionals, and expats.

Finally please note that you will have all the indicators you need in our property pack covering the real estate market in Paris.

How many days do rentals stay listed in Paris as of 2026?

As of early 2026, the average number of days rentals stay listed in Paris is approximately 10 to 15 days for well-priced properties.

Across property types and neighborhoods, days on market range from just 7 days for competitively priced studios in central locations to 30 days or more for larger apartments or overpriced listings.

Compared to one year ago, current days-on-market is similar or slightly lower, reflecting continued strong demand and limited inventory throughout 2025.

Which months have peak tenant demand in Paris?

The peak months for tenant demand in Paris are late August through September, followed by January, and then June through July.

These patterns are driven by the academic year start in September (massive student demand), new job starts and relocations in January, and pre-summer moves in June/July before August holidays.

The months with the lowest tenant demand are typically November through December and late July through mid-August, when many Parisians are on vacation.

What will my monthly costs be in Paris as of 2026?

What property taxes should landlords expect in Paris as of 2026?

As of early 2026, landlords in Paris should expect to pay approximately €1,000 to €2,500 per year ($1,080 to $2,700 USD) in taxe foncière for a typical apartment.

Depending on property value and location, annual property taxes range from around €800 for a small studio in an outer arrondissement to €4,000 or more ($860 to $4,320 USD) for a large central apartment.

Property taxes in Paris are calculated based on cadastral rental value multiplied by the local tax rate, which the City of Paris set at 20.50% for 2025 for the communal portion.

Please note that, in our property pack covering the real estate market in Paris, we cover what exemptions or deductions may be available to reduce property taxes for landlords.

What maintenance budget per year is realistic in Paris right now?

A realistic annual maintenance budget for a typical Paris rental is approximately €1,250 to €2,250 per year ($1,350 to $2,430 USD) for a 50 square meter apartment.

Depending on property age and condition, annual maintenance costs range from about €25/m² for newer buildings to €45/m² ($27 to $49 USD) for older Haussmann-era properties.

Paris landlords typically set aside around 5% to 10% of annual rental income for maintenance, covering owner-side copropriété charges, minor repairs, and reserves for larger works.

What utilities do landlords often pay in Paris right now?

The utilities Paris landlords most commonly pay are building-level charges through the copropriété, including common area cleaning, elevator maintenance, and sometimes building-wide heating.

The typical monthly cost for landlord-paid utilities runs between €50 and €150 per month ($55 to $160 USD), though only the legally "recoverable" portion can be charged to tenants.

Common practice in Paris is for tenants to pay electricity, gas (if individual), and internet directly, while landlords pay copropriété charges upfront and recover the tenant-eligible portion monthly.

How is rental income taxed in Paris as of 2026?

As of early 2026, rental income from unfurnished properties in Paris is taxed either under the micro-foncier regime (with a standard deduction) or under the régime réel where actual expenses are deducted.

Main deductions landlords can claim include mortgage interest, property management fees, insurance premiums, repair costs, copropriété charges, and property taxes, depending on which regime applies.

A common Paris-specific mistake is failing to properly track and separate recoverable charges from non-recoverable expenses, leading to incorrect income declarations.

We cover these mistakes, among others, in our list of risks and pitfalls people face when buying property in Paris.

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 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
OLAP Paris 2025 Report	OLAP is France's official rent observatory with documented methodology.	We used OLAP's rent-per-square-meter benchmarks by apartment size and tenant turnover to anchor typical rents. We projected from January 2025 to January 2026 using inflation-linked indexation signals.
Observatoire des Loyers Portal	It's the official national portal hosting observatory publications and datasets.	We used it to validate the correct OLAP publication and scope. We cross-checked how OLAP defines "new movers" versus "all dwellings."
INSEE IRL Index	INSEE is France's national statistics institute; the IRL is the legal rent indexation reference.	We used IRL as the ceiling reference for sitting-tenant rent increases. We used it to shape January 2026 growth assumptions.
ANIL	ANIL is the public information body on housing law and rent rules.	We used ANIL guidance to keep the article legally accurate on indexation and rent caps. We used it to keep explanations practical for non-professionals.
ECB Data Portal (HICP Rentals)	The ECB's inflation data is a clean, comparable measure for rent movements across Europe.	We used it as a macro lens to check whether rent growth assumptions are plausible. We avoided overfitting to a single dataset.
Ville de Paris (90-Day Cap)	It's the city's official policy page on tourist and short-term rental rules.	We used it to explain a uniquely Paris supply driver: regulation pushing homes back toward long-term renting. We used it in the 2026 outlook discussion.
SeLoger Market Commentary	SeLoger is a major national portal with a research team and large dataset of listings.	We used it to describe market tightness and arrondissement differences. We used it as a cross-check versus OLAP survey data.
LocService Paris Study	LocService is a long-running rental platform publishing methodology-driven market studies.	We used it to quantify tenant demand structure including students and budgets. We used it for who rents and where demand concentrates.
Cour des comptes (Vacancy Report)	The Cour des comptes is France's top public audit institution with evidence-based reports.	We used it to frame what "vacancy" means, separating frictional from structural vacancy. We used it for cautious Paris vacancy estimates.
Observatoire des Territoires	It's a government observatory publishing standardized local indicators including vacancy.	We used it to ground vacancy discussion in official, comparable definitions. We avoided relying on anecdotal statements.
SDES Construction Statistics	SDES is the government's official housing and construction statistics producer.	We used it to explain a key 2026 driver: low new supply keeping rents supported. We used it in the rent growth outlook section.
Council of Paris Tax Deliberation	It's an official City of Paris document with voted tax rates.	We used it for hard property tax rate numbers rather than estimates. We used it as the backbone for landlord cost guidance.
DGFiP Local Tax Brochure	DGFiP is the French tax authority; its brochures are the official reference.	We used it to explain how local taxes are calculated and paid. We kept landlord cost sections verifiable.
Economie.gouv.fr Tax Explainer	It's an official Ministry site explaining rules clearly for the public.	We used it to describe how taxe foncière is computed and when due. We kept monthly cost advice practical.
Service-Public (Rental Income Tax)	Service-Public is the official portal for French administrative guidance.	We used it to explain main tax regimes (micro-foncier vs régime réel) simply. We structured the rental income taxation section.
BOFiP (DGFiP Doctrine)	BOFiP is the tax authority's official legal doctrine, the most verifiable tax reference.	We used it to confirm thresholds and mechanics behind simplified regimes. We kept the article accurate on tax choices.
Service-Public (Landlord Works)	It's the official portal explaining legal responsibilities between landlord and tenant.	We used it to separate maintenance into landlord vs tenant costs. We avoided common repair misunderstandings.
ANIL (Recoverable Charges)	ANIL explains charges and references the official legal list of recoverable items.	We used it to explain what landlords can pass through to tenants. We built the utilities and charges section.
Légifrance (Furnished Rental Decree)	Légifrance is the official publication of French law and decrees.	We used it for a verifiable baseline of what "furnished" legally means. We connected tenant preferences to compliance requirements.
Le Monde (Housing Shortage)	Le Monde is a major French newspaper with in-depth housing reporting.	We used it to document scarcity pressures for larger family rentals. We supported family neighborhood preferences and supply constraints.