
Best rental yields in Paris
Last updated: January 2025
Investing in property in Paris?
Find out what’s a good rental yield in Paris, the capital of France, worldwide trends, iconic buildings and much more. Investing in property in Paris means obtaining excellent results in any type of rental, and for that, it is essential that the property is well-presented and meets the requirements of Parisian tenants and guests.
Investing in real estate in Paris means choosing a dynamic market with a very high rental demand throughout the year, and the city is one of the best European choices for a safe rental investment.
Read more and find out where the best rental yields in Paris are.
1. Which arrondissements offer the best investments in Paris?
Although prices have been rising for many years, Parisian properties continue to attract investors. On the one hand because of its dynamism and on the other hand because of the many tourists who come to visit Paris every year.
The French capital is considered a safe bet when it comes to buying to rent in Paris. Discover the best area to invest in Paris, according to your wishes and expectations in terms of profitability.
Buy-to-let 20e
- 3.79% to 6.29% average yield
- €8,469 per square metre
The 20th arrondissement is a district full of qualities, authentic and charming. Located in the industrial heart of the capital, it’s a lively and dynamic district.
It is also known for its flowery alleys, colourful houses and its artists’ studios such as the Villa de l’Ermitage. You soon forget that you are in the capital. More than 90% of the housing in this area are main houses and approximately a quarter of the households are owners.
In 2025, property prices in Paris’ 20th arrondissement are up to 20% lower than in other parts of the city, according to our latest research. The average purchase price is just under €300,000 per apartment in 20e, making it one of the more affordable parts of the city for prospective buyers this year.
The 20th arrondissement of Paris has seen many famous artists such as Edith Piaf and Eddy Mitchell. It is therefore a good place to buy a property in Paris.
Buy-to-let 17e
- 3.62% to 8.47% average yield
- €10,429 per square metre
The 17th arrondissement is one of the most popular districts in the capital. In recent years, it has been attracting more and more investors who want to invest in real estate. The property stock in the 17th arrondissement is mainly made up of old houses dating from before the Second World War. The highest prices are found around Ternes and Plaine Monceau. The most affordable properties are in the Épinettes district. There are 93% of primary residences.
In comparison to other arrondissements in Paris, 17e is about halfway in terms of cost. The 2025 average price per square metre of €10,429 makes it considerably cheaper than the 6th and 7th arrondissements but more expensive than 20e.
If you plan to buy here, a studio is a good option, as yields can be over 8%. If you purchase a 2–4-bedroom apartment in 17e, the average yield ranges from 4.00% to 4.12%, depending on apartment size and location.
The districts of the 17th arrondissement:
- The Ternes district
Located near the Place de l’Étoile, the Ternes district is home to many luxury boutiques. This district owes its charm and authenticity to the numerous markets and Haussmannian buildings that it houses. The housing stock is made up of flats and tenants represent 63% of the inhabitants.
- The Plaine Monceau district
It is much recognised for the living environment it offers. Between its museums, many restaurants and its private mansions, it makes it the ideal place to invest. Its proximity and architecture to the Parc Monceau are also important assets for this sector. The housing stock is composed almost entirely of flats (99%) and tenants represent 55% of the inhabitants.
- The Batignolles district
This district is a “village” in its own right. Les Batignolles is a quiet area with its main square, the Place du Docteur Félix Lobligeois. The real estate environment is composed almost entirely of flats (99%) and tenants represent 60% of the inhabitants.
Buy-to-let 1e Arrondissement
- 2.5% to 3.5% average yield
- €13,229 per square metre
The 1st arrondissement of Paris, an area bordering the 2nd, 3rd, 4th, 6th, 7th and 8th arrondissements, is located on the north right bank of the Seine. In addition, this part of the city contains some of the most emblematic streets and squares of the capital. Between the Louvre Museum, Place Vendôme and the luxury hotels, the area is very popular with investors and tourists from all over the world. It is also home to one of the oldest districts in Paris, the Halles district, which dates back to the High Middle Ages.
The 1st arrondissement of the capital is particularly favourable for property investment in Paris. Indeed, nearly 75% of the inhabitants of the district are tenants. Moreover, very few flats and studios are rented despite the high demand.
As a result, it’s one of Paris’ most expensive areas in 2025, with an average purchase price of €13,229 per square metre. Yields here tend to be fairly low, ranging from 2.5% to 3.5% for anything bigger than a studio apartment.
Around this arrondissement of Paris, more than 85% of the flats date from before the First World War. This offers many opportunities if you wish to invest in the old. However, it is important to note that houses represent only 2.4% of the housing stock in this part of the city. Flats, on the other hand, make up almost 97% of the housing stock in the municipality.
In the context of a rental return in Paris, the choice of neighbourhood is an important step in the project. As in all the arrondissements of Paris, the first is divided into 4 administrative sectors.
- Saint-Germain-l’Auxerrois
Saint-Germain-L’Auxerrois is the first arrondissement of the city of Paris. This area is home to the famous Tuileries Gardens and the Louvre Museum, which are important assets for investors. The district is 99% flats and 1% houses and has an average price of 13.282€/m2. In addition, approximately 75% of the area’s residents are renters.
- Halles
Les Halles is a very dynamic district which is one of the busiest in Paris. It is also the second administrative district of the capital and has a large market. Composed mainly of flats, 72% of the inhabitants of this sector are tenants. The average price per square metre of property in this area is €13,282 as of early 2025.
Located in the heart of Paris 1er, the Palais-Royal is one of the most popular districts for city centre residents. This is due to its many green spaces and local shops. This third administrative district of Paris is also home to luxury hotels that welcome tourists from all over the world who come to visit the capital. The average price per square metre of a house in this district is €14,313 per square metre at the start of 2025.
- Place Vendôme
Place Vendôme is the most expensive area in central Paris. With an average price per square metre of up to 23.000€, it is home to many luxury boutiques. It is 98% flats and attracts the most affluent. If you decide to invest in this area, you can easily find a client thanks to the constant demand.
Buy-to-let 19e
- 3.79% to 5.90% average yield
- €8,161 per square metre
The 19th arrondissement is a very diverse district. Both trendy and popular, it attracts families and students, even if Stalingrad cannot shake off its bad image. About 90% of the housing in this district is the primary residence. Up to 69% of the housing is occupied by tenants and the proportion of flats is 97% compared to 2% for houses.
The property market in the 19th arrondissement is one of the cheapest in Paris, with prices ranging from €4,500 to €8,500 and an annual yield of between 3 and 4%. However, some properties can exceed 10,000€/m² depending on their location, such as those on Avenue Secrétan and Avenue Simón Bolívar. But of course, the charming villas in the Mouzaïa district explode with a price per m² close to €15,000.
The 19th arrondissement is also socially mixed. This diversity can also be seen in the architecture, with the towers of the Place des Fêtes, the blocks from the 1970s and the dressed stone buildings.
Buy-to-let 4e Arrondissement
- 3-4% annual yield
- €12,873 per square metre
This area is in high demand, the rental supply is well below the demand and the average gross yield is 3-4%. Many people are looking to stay in the area but there is not enough supply. Although this area has a low rental yield, it is without a doubt a dynamic area suitable for Airbnb investments.
- The Saint Merri district
This is a popular yet quiet neighbourhood. In the centre of the district, there is the Halles market and the Pompidou Centre or art centre dedicated to modern and contemporary art. The housing stock in the district is almost entirely composed of flats. 71% of the inhabitants are tenants and 29% are owners.
- The Saint-Gervais district
This district is home to a strong Jewish community. They have developed many businesses here. The Memorial of the Unknown Jewish Martyr and the Centre de Documentation Juive Contemporaine are also located in this district. Of the 9,600 inhabitants of this district, 72% are tenants and 28% are owners.
- The Arsenal district
This district is home to the Célestins convent, which has existed since the 14th century. Initially a district of convents, then a military site and commercial port, it is now a leisure area between the Seine and the Bastille. In this district, 60% of the properties are for rent.
- The Notre-Dame district
Notre Dame by Ali MüftüoğullarıBetween the Hôtel-Dieu (the only hospital in the first 9 arrondissements), the mythical Quai des Orfèvres (police headquarters) and the Notre-Dame de Paris cathedral: this is THE dominant district of Paris. In the district, the housing stock is composed of flats. 71% of the inhabitants are tenants and 29% are owners.
As of 2025, the average property price in Notre-Dame, Paris, is €16,109 per square metre, making it one of the most expensive areas to buy property in central Paris.
Buy-to-let 18e
- 4.10% to 6.81% annual yield
- €9,059 per square metre
The 18th arrondissement of Paris is one of the most popular and touristic districts of the capital and is also the third most populated in the city with 199.956 inhabitants. It is made up of two old communes that merged in 1860: Montmartre and La Chapelle. The 18th arrondissement is popular with locals and visitors alike.
Indeed, it is full of historical monuments and attractions such as the Moulin Rouge, the Sacré Coeur located at the top of the Montmartre hill, the Place des Abbesses, the old Montmartre, the Rocher de la Sorcière or the Bateau-Lavoir artists’ residence. Very well located on the right bank of the Seine, near Clichy, Saint-Ouen and Seine-Saint-Denis, the 18th arrondissement is home to theatres, restaurants and lively districts with its cabarets and its Place Pigalle, which straddles the 9th.
This arrondissement attracts many investors every year in the tourism, hotel and restaurant sectors, but also in the high-tech and French industries. It is an excellent area if you want to buy to let in Paris.
Key figures:
- Price per square metre: €9,059
- Average monthly rent: €1,078 – €2,119 (studio to 2-bedroom apartments)
- Third most populated district in the capital
- Average gross yield: 4.10% to 6.81% (studio to 2-bedroom apartments)

2. What is a good rental yield in Paris?
You want to invest in a property project but you have doubts, such as the profitability of the investment?
To determine whether a project is profitable, we generally look at the return on a rental investment: we need to calculate the return on your future investment.
How profitable is a rental investment in Paris? Paris is an attractive city for its safe and dynamic market, but not well known for offering an attractive return. On average, the return in Paris is between 2% and 3% gross.
3. Why buy property in Paris?
Paris is the capital of France and the most populous city with approximately 2.220.140 inhabitants within the city and 16.7 million in the Greater Paris area. Paris is the fourth most popular city to invest in in 2012 when it comes to making a profitable and efficient investment.
This result was established following a comprehensive analysis of the potential of the thirty largest French cities, based on various criteria such as employment, demographics, students, the rental market and prices.
Despite its high prices, Paris seems to be one of the cities to focus on for rental investment, especially if you want to increase the value of your property in the long term. Known all over the world for its monuments, its cultural and artistic life, but also for its economic and political life, Paris is the symbol of French culture and attracts more than 30 million international visitors every year.
Thus, due to its location and attractions as well as its heterogeneous population of tourists, students and businessmen, this city is positioned as one of the safest cities for profitable and secure real estate investment.
You can make your property available to tourists on a short-term basis if you do not wish to occupy it for part of the year and make a profit on the property. Companies such as GuestReady offer property management and optimal communication with guests through a multilingual service.
4. Is buying property in Paris a good investment?
Do you want to buy to let in Paris? It is well known that Paris is one of the most expensive cities in the world for property prices, along with London, New York, Hong Kong and Tokyo. But on the other hand, it is also one of the safest and most profitable markets in which to make a property investment.
The French capital has an exceptional property sector. It is a tight and competitive sector that requires significant investment. The reason why the entry pass is valuable sesame is because of the high demand for rentals. The profitability of the rental may be lower, but the capital gain on the resale is almost guaranteed.
In short, Parisian real estate is a demanding but profitable market with very little risk, especially if you are looking for long-term rentals. For short and medium-term rentals, the returns are interesting for renting the property to tourists.
Especially since it is possible to occupy the property for part of the year and entrust it to rental management companies such as GuestReady, which allows the property to be profitable all year round.
5. What tax do you pay on rental income in Paris?
Making a rental investment requires paying several taxes on rental income. You have to declare the rent you receive. The regime differs if the rental is unfurnished or furnished:
Unfurnished rental: the administration considers the rent received as property income. Two systems apply, the micro-financier system with a 30% deduction on the rent or the real system which allows many expenses to be deducted, unlike the micro-financier system.
Furnished rental: the owner has the status of a non-professional furnished landlord (LMNP) and the taxation system applies in the category of industrial and commercial profits (BIC).
Two types of taxation apply, either the flat-rate system with taxation on half of the rental income or the actual system with the possibility of deducting charges and depreciation from the income to reduce the taxable base.
For short-term rentals, it is strongly advised to consult a tax adviser, as the system can be complex.
6. Is now a good time to invest in property in Paris?
Paris is undeniably one of the most expensive cities in the world for property buyers in 2025. Apartment prices typically fall between €9,200 and €15,300 per square meter, while houses command even higher rates, ranging from €9,800 to €21,000 per square meter.
Additionally, real estate investors shouldn’t expect exceptionally high returns. Unlike some London districts that offer yields above 7%, Parisian properties generally provide returns between 2% and 3%, making them less appealing to those seeking strong rental income.
That said, Paris remains Paris—arguably the most iconic city in the world. With its unparalleled history, cultural allure, and a steady influx of tourists, owning an apartment here offers an experience beyond a mere investment.
Real estate appears to be a solid investment, especially as it is spread over many years, but most investors are afraid of an economic crisis in the city. Despite all these limitations or risks in the future of the Paris property market, there are many more good reasons to invest in property in the city.
7. Short, mid or long term?
What are the differences between these 3 aspects?
- Short-term rental
Short-term rental, also known as a temporary rental, refers to the rental of furnished accommodation, for a period of one night to several months, to people who do not live there.
- Mid-term rental
The duration of a medium-term rental is between 1 month and 1 year. This can vary depending on the type of contract, between the mobility lease or the civil law lease. The main criterion for a short-term rental is that it must be furnished, as is the case for short-term rentals with Airbnb. It is possible to use a company like GuestReady for this type of rental. GuestReady offers full support for short and mid-term rentals (24/7 communication with guests in several languages, booking management, cleaning service, posting of ads).
- Long-term rentals
In a long-term rental, the rental management is less expensive, as the lease contract is usually concluded for a minimum of 12 months, with tacit renewal, and additional services are hardly offered (except for serviced residences).
The best rental period
Residential and university areas are suitable for long-term rentals, while more touristy areas are suitable for medium and short-term rentals. In addition, short-term rental yields are significantly higher. It should also be noted that short-term rentals offer more flexibility. Owners can stay in the property for some time and have it on Airbnb while they are away.
Invest in Paris with GuestReady
GuestReady has years of experience working with property investors. We know where the best rental yields are and will help you with your business by providing an estimated return on your property (or future properties) and by carefully managing your short-term rentals.
Paris rental yields FAQ
What is a good rental yield in Paris?
The latest statistics from Numbeo indicate that the average rental yield in Paris ranges from 2% to 3%, so it’s not the best for buy-to-let investors. Therefore, you’re doing well if you can find an average yield in the 3% to 5% range. London offers higher average yields than Paris, so it’s a good alternative if you’re looking for a buy-to-let property in one of western Europe’s most popular cities.
What’s the average purchase price of a property in Paris?
Statista’s latest data shows that property prices range from €8,161 per square metre in the 19th arrondissement to €15,108 in the sixth arrondissement. Therefore, research before buying property in Paris to avoid the areas with the highest prices, as the value can be found in different parts of the city.