Estimation de votre appartement à Paris (2023)

FAQs

Why is it so hard to get an apartment in Paris? ›

The laws heavily favor tenants and the Paris rental market is quite saturated, therefore landlords are extremely picky about who they rent to. The ideal tenant situation for a French landlord includes: Being French. Having a French guarantor.

Of course, only some properties you find will have all the amenities you want or need. After all, accommodation in Paris is highly competitive, and you'll need to keep an open mind to find something in time for your move. We'd recommend visiting as many properties as possible before you rule too many out.

2) Rent Prices Stay High Within Paris

A 1-bedroom can average between 1 000 € – 3 000 € per month. 2-bedroom apartments will move your budget between 2 200 € – 4 500 € in monthly rent. For larger spaces, one can expect rents to be between 3 000 € – 6 000 € for a 3-bedroom and 4 400 € – 12 000 €+ for a 4-bedroom+.

It's quite hard to find a place in or near Paris, and you do need to prove your income and make the owner really sure you'll be able to pay (it can be very difficult to make someone leave, even when they don't pay the rent).

Fees and taxes

There are no restrictions for foreign investors buying a house in France, even non-residents.

Paris was by far the most expensive city in France, regardless of the localization of the accommodation. In 2021, the average price per square meter for rental flats reached 29 euros in Paris and 14.3 euros in Marseille, France's second largest city.

As long as you have proof of funds, either through a job or savings, you can rent an apartment in France without a French bank account. Pro tip: If you want to open a bank account before renting an apartment in France, do some research on the best banks for foreigners, as well as neobanks.

Successfully renting an apartment in Paris can be easier said than done. In the current Paris rental market, demand definitely exceeds supply. Consequently, French landlords can be choosy as to whom they pick as tenants – especially as French laws favor tenants.

A family of four estimated monthly costs are 4,038.5$ (3,728.1€) without rent. A single person estimated monthly costs are 1,130.4$ (1,043.5€) without rent. Paris is 23.1% less expensive than New York (without rent). Rent in Paris is, on average, 58.8% lower than in New York.

Is it cheaper to live in Paris than the US? ›

The USA's national index is 71.05 while the French national index is 74.14. Therefore, the cost of living is 4% higher in France than it is in the USA.

In conclusion: is Paris or New York the most expensive city? On average, the cost of life appears to be 20% higher in New York than in Paris. In the cheapest districts, the Big Apple's prices are about 11% higher than in Paris, while in the most expensive districts the gap between the two cities widens.

Americans can get a French mortgage under some circumstances, but it is extremely difficult. The 'Foreign Account Tax Compliance Act' (FATCA) is part of the US tax code and was introduced in 2014 to help counter tax evasion. French banks find the cost of complying with this to be prohibitive.

To legally rent an apartment in France, it must have a minimum ceiling height of 2.2m, a minimum area of 9m² with a window, a separate bathroom, heating, a water system, and working drains and gutters. In addition, the building and the apartment must not threaten a tenant's health and safety.

Don't forget some seasons are more popular than others, such as short and long-term rentals from September or short-term rentals from July or December. We recommend that you start your apartment hunt at least 4 months before moving!

For any stay in France exceeding 90 days, you are required to apply in advance for a long-stay vis. In this instance your nationality does not exempt you from requirements. Whatever the duration of your planned stay, the duration of your long-stay visa must be between three months and one year.

Americans who intend to stay in France for less than 90 days don't need visas. But, from November 2023, US citizens must apply for an ETIAS travel authorization to enter France. The application for ETIAS will be online and will cost €7 per person. Anyone under 18 and over 70 will be exempt from paying the fee.

U.S. dollars are not accepted in most establishments, though some hotels, shops, and restaurants may accept U.S. dollars at an agreed upon exchange rate. Coins: 2€/1€/50 cents/20c/10c/5c/2c/1c The Euro is divided into 100 cents, or centimes.

According to seloger.com, the average rent in Paris is around 35,50 € per square meter for a one-bedroom long-term furnished apartment. Therefore, for a 1-bedroom furnished accommodation ranging from 30m² to 70m², the rent is between 1 300 € – 3 000 € per month.

In short: For a limited budget, the total cost of a one-week stay in Paris is about €645, or €92/day. For a medium budget, the total cost is €1,182 or €168/day, and for a luxury budget, the total cost for one week is €3,366 or €480/day.

How much salary is enough to live in Paris? ›

In 2023, the average salary in France is €2,340 net per month or €39,300 net per year. Due to the differences in the cost of living across different French cities, the average salary in Paris is €2,570 net per month, 9.8% higher than the national average.

A one-bedroom apartment near the city center costs $1,267 to $1,548 on average. Outside the center, that drops to between $940 and $1,148. An average three-bedroom near the action soars to $2,841 to $3,472, while outside the city you'll pay $1,900 to $2,321 for a three-bedroom.

It usually doesn't take more than two weeks to find a place, although you should make sure to reserve two full weekends for your search —the time when most owners prefer to show their apartments. In the meantime the easiest thing to do is stay at a budget hotel or rent a tourist apartment.

Can Americans move to France? Americans can live in France but they will need to obtain a residency or work permit to remain in France for more than 90 days in a 180-day period. We'll talk about the many visa options for living in France in the next section.

The average cost of living in France ($1451) is 34% less expensive than in the United States ($2213). France ranked 29th vs 5th for the United States in the list of the most expensive countries in the world.

Amount of your down payment

Typically, French banks will require a cash down payment of 20% of the total of the purchase price and renovation costs for exisiting French property. This can potentially be reduced depending on your individual financial situation.

On a national level, French people spent an average of 851 euros to rent a house in 2021 and an average of 435 euros for a studio or a one room apartment.

You'll need to secure a visa, inventory your belongings and find a place to live before you arrive. If you can't work remotely or don't already have a job, you'll need to find employment as well. That's just the beginning.

How much is 50 us dollars in Paris? ›

Cost of living in Los Angeles, California (United States) is 26% more expensive than in Paris (France) How much money will you need in Los Angeles, California? Find out with your own Salary Calculation. This comparison is based on abundant and consistent data.

Paris is relatively small, population-wise, with just under 2,250,000 residents. So, with around 100,000 US citizens studying or working in the city at any one time it's not difficult to locate other Americans living in Paris.

The average price of a prime Parisian property — defined as homes that sell for more than 3 million euros ($2.9 million) — rose 9% to 5.47 million euros in the first half of this year from 5 million euros in 2020, according to real estate agency Barnes.

US and France as a whole

Whether it's the prices of groceries, restaurant, or overall consumer prices, all of them are about 7% lower in the US than France.

Can Americans move to France? Absolutely! To wit, there are about 200,000 US citizens living in France today. About 17,000 US students move to France to spend a semester or year abroad.

Paris is one of the best cities to live in France. Paris is rich in culture and art, has endless work opportunities, world-class universities, and so many life-changing opportunities. So it's no surprise the City of Lights is a muse for many books, movies, and artists.

Overall, you can expect to spend at least €1,500 a month to comfortably live in Paris. The average price per square meter for an apartment in Paris is about €9,000/sqm in the city center and €7,000/sqm in the outer neighborhoods.

The most popular website for apartment listings is www.pap.fr, but properties listed there are often rented as soon as they go live. Other good sites to watch include www.fusac.fr, www.craigslist.fr and www.leboincoin.fr. Word of mouth is often the best way to find a place that fits your requirements.

Is it a good idea to buy apartment in Paris? ›

The long-term increase in value is a staple of the Paris market: Small corrections happen, but over time the value goes up consistently. Paris real estate is about as safe an investment in residential real estate as anywhere and investors can expect a good return on their money.

With the uncertainty of the stock market and the strong dollar, this is an excellent moment to invest in property – especially in Paris. Despite massive macroeconomic disruptions in the last 20 years, good Parisian apartments retain or gain in value, according to the Notaires of France society which tracks sales data.

The USA's national index is 71.05 while the French national index is 74.14. Therefore, the cost of living is 4% higher in France than it is in the USA.

How to negotiate rent? Rent is almost always negotiable, at least a little bit. If you have enough time before you move to France, start your search about 2-3 months in advance. Save your favorite apartments.

One of the things that may be required if you are renting in France as a foreigner is a guarantor. If a guarantor is required by your landlord, they will need to be a French citizen able to pay your rent in case you do not. For working expats, this can sometimes be your employer.