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In 2023, the average price per square meter for rental apartments in France was the highest in Paris. In the French capital, the average price per square meter for rental flats reached almost ** euros, compared to ** euros in the second-largest French city, Marseille. Not only is Paris the most expensive city in France for renting an accommodation, it is also one of the most expensive in Europe.

Paris housing crisis

The Paris region is the most populated area of France. It is also the most densely populated region of the country. In a very centralized country like France, the capital appears to be the center of the majority of economic and cultural activities, as well as the home of an important number of universities. Finding accommodation is becoming more and more difficult in a city which also attracts millions of tourists every year. The average cost of an apartment in Paris amounted to more than 10,000 euros per square meter, compared to nearly euros per square meter in the French second-largest agglomeration: Lyon.

The consequences of high prices in housing

In Paris, renting a two-bedroom apartment costed more than US dollars in 2018, making the city one of the most expensive worldwide. To cope with this price boom, residents of the Paris metropolitan area often live in one of the many suburbs of the city. Furthermore, the pollution of the French capital, as well as its traffic jams and congested public transports, often lead Parisians to change their lives and move elsewhere after a few years. In 2015, Bordeaux was named most attractive city to live in France. Paris was only ranked eighth.