If you’re planning to move to Paris, one of the first things that you need to consider is the cost of living, especially when it comes to renting an apartment. Paris is known for being an expensive city, but there are still affordable options available if you know where to look. In this article, we’ll take a closer look at how much a decent apartment in Paris costs.
Factors that Affect Apartment Prices in Paris
Before we dive into the actual cost of apartments in Paris, let’s first understand what factors affect the prices:
- Location – Apartments located in popular areas such as the Marais or Saint-Germain-des-Prés tend to be more expensive.
- Size – The larger the apartment, the more expensive it will be.
- Condition – Newly renovated apartments with modern amenities are more costly than older ones that may require some work.
- Furnishings – Furnished apartments cost more than unfurnished ones.
Cost of Renting an Apartment in Paris
On average, renting a one-bedroom apartment in Paris costs around €1,200 per month. However, this price can vary widely depending on location and other factors. For example, a one-bedroom apartment in a popular area like Le Marais can cost upwards of €2,000 per month.
If you’re looking for something cheaper, you may want to consider renting a studio. Studios are typically smaller than one-bedroom apartments and don’t have a separate bedroom area. On average, renting a studio apartment in Paris costs around €800 per month.
It’s worth noting that these prices are for unfurnished apartments. If you’re looking for furnished accommodation, expect to pay at least 20% more.
Additional Costs
In addition to the monthly rent, there are other costs associated with renting an apartment in Paris. These include:
- Security deposit – Typically, landlords require a security deposit equal to one or two months’ rent.
- Agency fees – If you use a real estate agency to find your apartment, expect to pay an agency fee equal to one month’s rent.
- Utilities – You’ll need to pay for utilities such as electricity, gas, and water. On average, these costs come out to around €100 per month.
Conclusion
So how much does a decent apartment in Paris cost? The answer is that it depends on several factors such as location, size, condition, and furnishings. On average, however, you can expect to pay around €1,200 per month for a one-bedroom apartment and €800 per month for a studio.
Keep in mind that there are also additional costs associated with renting an apartment such as security deposits and agency fees. By taking these factors into consideration and doing some research beforehand, you can find an affordable apartment in Paris that meets your needs and budget.