Are Apartments Expensive in Paris?

By Anna Duncan

Are you planning to move to Paris and wondering if apartments are expensive there? The answer is yes, but it depends on various factors such as location, size, and amenities. In this article, we will explore the cost of apartments in Paris and what you can expect.

Location Matters

Paris is divided into 20 districts called arrondissements. The first four are considered the most expensive due to their central location and proximity to major attractions.

The prices decrease as you move further away from the center. For example, a studio apartment in the 1st arrondissement can cost around €1,500 per month while a similar apartment in the 18th arrondissement can cost around €800 per month.

Size Matters Too

The size of an apartment also affects its price. Parisian apartments are known for their small size, so if you want more space, you have to pay more.

A studio or one-bedroom apartment can range from 20-40 square meters and cost between €800-€1,500 per month depending on the location. A two-bedroom apartment can range from 50-70 square meters and cost between €1,500-€3,000 per month.

Amenities Add Up

Apartments with amenities such as a balcony or terrace, elevator access, or a view of famous landmarks like the Eiffel Tower or Notre-Dame will be more expensive than those without. For example, a one-bedroom apartment with a balcony in the 7th arrondissement can cost around €2,200 per month while a similar apartment without a balcony in the same area can cost around €1,500 per month.

Additional Costs

In addition to rent, there are additional costs associated with renting an apartment in Paris such as security deposit (usually one or two months’ rent), agency fees (usually one month’s rent), and utilities (electricity, gas, water, internet, and TV). These costs can add up quickly, so make sure to factor them into your budget.

Conclusion

In conclusion, apartments in Paris are expensive but vary depending on location, size, and amenities. It is essential to research thoroughly before renting an apartment in Paris to ensure that you get the best value for your money. With proper planning and budgeting, you can find the perfect apartment for your needs without breaking the bank.