Rental returns in France are disappointing
Last Updated: Sept. 19, 2022 | |||
PARIS - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Paris 15ème | |||
Studio | €252,000 | €990 | 4.71% |
1-Bedroom | €485,000 | €1,486 | 3.68% |
2-Bedroom | €786,000 | €2,170 | 3.31% |
3-Bedroom | €1,165,000 | €2,795 | 2.88% |
4+Bedroom | €1,953,000 | €3,377 | 2.07% |
Paris 18ème | |||
Studio | €204,000 | €950 | 5.59% |
1-Bedroom | €389,000 | €1,270 | 3.92% |
2-Bedroom | €615,000 | €2,095 | 4.09% |
3-Bedroom | €975,000 | €3,200 | 3.94% |
Paris 16ème | |||
Studio | €190,000 | €1,050 | 6.63% |
1-Bedroom | €618,000 | €1,850 | 3.59% |
2-Bedroom | €1,050,000 | €2,836 | 3.24% |
3-Bedroom | €1,670,000 | €4,100 | 2.95% |
4+Bedroom | €2,900,000 | €9,000 | 3.72% |
Paris 17ème | |||
Studio | €200,000 | €970 | 5.82% |
1-Bedroom | €462,000 | €1,575 | 4.09% |
2-Bedroom | €775,000 | €2,500 | 3.87% |
3-Bedroom | €1,394,000 | €3,825 | 3.29% |
4+Bedroom | €2,200,000 | €4,980 | 2.72% |
Paris 20ème | |||
Studio | €230,000 | €900 | 4.70% |
1-Bedroom | €426,000 | €1,275 | 3.59% |
2-Bedroom | €599,000 | €1,830 | 3.67% |
3-Bedroom | €820,000 | €2,206 | 3.23% |
Paris 19ème | |||
Studio | €235,000 | €957 | 4.89% |
1-Bedroom | €385,000 | €1,222 | 3.81% |
2-Bedroom | €570,000 | €1,837 | 3.87% |
3-Bedroom | €717,500 | €2,279 | 3.81% |
Paris 11ème | |||
Studio | €237,000 | €1,125 | 5.70% |
1-Bedroom | €460,000 | €1,550 | 4.04% |
2-Bedroom | €760,000 | €2,435 | 3.84% |
3-Bedroom | €1,080,000 | €3,500 | 3.89% |
Paris 13ème | |||
Studio | €250,000 | €990 | 4.75% |
1-Bedroom | €415,000 | €1,310 | 3.79% |
2-Bedroom | €628,000 | €2,020 | 3.86% |
3-Bedroom | €899,000 | €2,679 | 3.58% |
Paris avg. Rental Yields | 3.97% | ||
MARSEILLE - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Marseille 8ème | |||
Studio | €142,000 | €609 | 5.15% |
1-Bedroom | €327,900 | €820 | 3.00% |
2-Bedroom | €449,000 | €1,200 | 3.21% |
3-Bedroom | €695,800 | €1,619 | 2.79% |
4+Bedroom | €810,000 | €1,580 | 2.34% |
Marseille 9ème | |||
Studio | €149,000 | €520 | 4.19% |
1-Bedroom | €235,000 | €781 | 3.99% |
2-Bedroom | €265,000 | €962 | 4.36% |
3-Bedroom | €374,000 | €1,300 | 4.17% |
4+Bedroom | €470,000 | €1,280 | 3.27% |
Marseille 10ème | |||
Studio | €101,000 | €525 | 6.24% |
1-Bedroom | €164,900 | €690 | 5.02% |
2-Bedroom | €194,000 | €898 | 5.55% |
3-Bedroom | €239,000 | €940 | 4.72% |
Marseille 6ème | |||
Studio | €122,000 | €580 | 5.70% |
1-Bedroom | €215,000 | €800 | 4.47% |
2-Bedroom | €330,000 | €990 | 3.60% |
3-Bedroom | €460,000 | €1,050 | 2.74% |
Marseille avg. Rental Yields | 4.14% | ||
NICE - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Center | |||
Studio | €173,500 | €680 | 4.70% |
1-Bedroom | €245,000 | €945 | 4.63% |
2-Bedroom | €575,000 | €1,065 | 2.22% |
Nice (all locations) | |||
Studio | €149,000 | €645 | 5.19% |
1-Bedroom | €242,000 | €850 | 4.21% |
2-Bedroom | €361,200 | €1,190 | 3.95% |
3-Bedroom | €524,000 | €1,600 | 3.66% |
4+Bedroom | €799,000 | €1,700 | 2.55% |
Nice avg. Rental Yields | 3.11% | ||
LYON - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Lyon (all locations) | |||
Studio | €159,000 | €660 | 4.98% |
1-Bedroom | €265,000 | €900 | 4.08% |
2-Bedroom | €385,000 | €1,240 | 3.86% |
3-Bedroom | €550,000 | €1,715 | 3.74% |
4+Bedroom | €765,000 | €2,247 | 3.52% |
Lyon avg. Rental Yields | 4.04% | ||
TOULOUSE - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Center | |||
Studio | €129,000 | €572 | 5.32% |
1-Bedroom | €227,000 | €840 | 4.44% |
2-Bedroom | €430,000 | €1,100 | 3.07% |
3-Bedroom | €565,000 | €1,742 | 3.70% |
4+Bedroom | €825,000 | €2,359 | 3.43% |
Toulouse (all locations) | |||
Studio | €112,000 | €500 | 5.36% |
1-Bedroom | €178,000 | €637 | 4.29% |
2-Bedroom | €250,000 | €742 | 3.56% |
3-Bedroom | €376,000 | €1,076 | 3.43% |
4+Bedroom | €594,000 | €1,085 | 2.19% |
Toulouse avg. Rental Yields | 3.88% | ||
BORDEAUX - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Center | |||
Studio | €159,000 | €680 | 5.13% |
1-Bedroom | €221,672 | €900 | 4.87% |
2-Bedroom | €299,000 | €956 | 3.84% |
Bordeaux (all locations) | |||
Studio | €148,000 | €550 | 4.46% |
1-Bedroom | €243,800 | €830 | 4.09% |
2-Bedroom | €350,000 | €1,026 | 3.52% |
3-Bedroom | €464,000 | €1,390 | 3.59% |
4+Bedroom | €713,000 | €1,439 | 2.42% |
Bordeaux avg. Rental Yields | 3.99% | ||
MONTPELLIER - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Montpellier (all locations) | |||
Studio | €109,000 | €520 | 4.72% |
1-Bedroom | €199,000 | €705 | 4.25% |
2-Bedroom | €305,000 | €908 | 3.57% |
3-Bedroom | €416,285 | €1,200 | 3.46% |
4+Bedroom | €699,000 | €1,400 | 2.40% |
Montpellier avg. Rental Yields | 3.88% | ||
NANTES - Apartments | COST (€) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Center | |||
Studio | €86,400 | €370 | 5.14% |
1-Bedroom | €209,300 | €770 | 4.41% |
2-Bedroom | €300,000 | €802 | 3.21% |
3-Bedroom | €445,000 | €1,353 | 3.65% |
Nantes (all locations) | |||
Studio | €125,850 | €500 | 4.77% |
1-Bedroom | €208,500 | €750 | 4.32% |
2-Bedroom | €300,000 | €900 | 3.60% |
3-Bedroom | €436,000 | €1,400 | 3.85% |
4+Bedroom | €679,250 | €1,740 | 3.07% |
Nantes avg. Rental Yields | 4.00% | ||
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
Get updated rental yields data for 75 countries
Demand outstrips supply in Paris, the main reason that rents are not higher being that French rental contracts are often long-term and there are legal restrictions on raising rents during the contract.
However gross rental yields from apartments in Paris are poor, at around 4.70% to 6.63% for small apartments and 2.07% to 3.94% for big apartments (however it is fair to say that our Paris yields results arguably may not reflect yields in less desirable locations, which are likely to be higher, because our sample focuses on Paris´ high-end city centre).
The yields aren´t much better in other cities as well. With Marseille having an average rental yield of 4.14%, Nice having average of 3.11%, Lyon´s average is 4.04%, Toulouse having 3.88% and Bordeaux with an average of 3.99%.
Round trip transaction costs are high on residential property in France. See our French residential property transaction costs analysis and our Transaction costs in France compared to other countries.
France - More data and information
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