What are the best arrondissements to buy an apartment in Paris?
Paris is one of the most desirable cities in the world for real estate investment, attracting buyers from all over the globe. Whether you’re looking for a luxury apartment in Saint-Germain-des-Prés, a trendy loft in the 10th arrondissement, or a family-friendly home in the 14th, choosing the right neighborhood is crucial to ensuring your investment aligns with your lifestyle and financial goals.
But with 20 arrondissements, each offering a unique atmosphere, varying price points, and different investment potentials, how do you decide where to buy?
This guide will break down the best arrondissements to buy an apartment in Paris, whether you’re an expat, investor, or looking for a primary residence. We’ll explore property prices, market trends, and the most sought-after areas based on lifestyle, rental demand, and future appreciation.
Understanding Paris' real estate market
The Paris property market overview
Paris is known for its stable and appreciating real estate market, making it one of the safest places in Europe for property investment. Despite global economic fluctuations, property prices in Paris have consistently risen over the last two decades, driven by high demand and limited housing supply.
Key factors influencing the Paris real estate market include:
✅ High demand, low supply: Paris is a historical “museum” city with protective zoning and strict construction regulations, leading to steady price growth.
✅ International buyers: Many foreign investors, particularly from the US, UK, and China, purchase property in Paris as a safe and appreciating asset.
✅ Strong rental market: The city’s tourism, student population, and expatriate community create strong demand for both short-term and long-term rentals.
✅ Historic & protected architecture: Many buildings in central Paris are protected by heritage laws, making renovations and new constructions rare—further increasing property values.
Average property prices by arrondissement
Paris property prices vary significantly based on location.
Prime locations in the historic center can exceed €20,000/m², while up-and-coming areas in the outer arrondissements may be available for €10,000 /m² or less.
Here’s an overview of average price per square meter (m²) in different areas:
Arrondissement | Neighborhoods | Avg. Price per m² (€) | Investment Appeal |
1st – 7th | Louvre, Saint-Germain, Eiffel Tower | €14,000 – €25,000 | Luxury, prestige, long-term value |
8th – 9th | Champs-Élysées, Opéra | €13,000 – €20,000 | Elite, high-end investors |
10th – 12th | Canal Saint-Martin, Bastille | €11,000 – €15,000 | Trendy, young professionals, strong rental demand |
13th – 14th | Butte-aux-Cailles, Montparnasse | €11,000 – €16,000 | Affordable, family-friendly |
18th – 20th | Montmartre, Belleville | €10,000 – €14,000 | Emerging markets, good for first-time buyers |
(Prices are indicative and may fluctuate based on the property type, amenities, and market trends.)
Who’s buying? Buyer profiles in Paris
Different types of buyers are active in the Paris real estate market, each with specific priorities:
Luxury Buyers & High-Net-Worth Investors
Typically purchase in Saint-Germain-des-Prés (6th), Eiffel Tower area (7th), or Triangle d’Or (8th).
Prioritize prestige, architecture, and long-term asset appreciation.
Young Professionals & First-Time Buyers
Prefer more dynamic, affordable, and well-connected areas like Canal Saint-Martin (10th), Bastille (11th, 12th), or Montmartre (18th).
Seek good public transport access, cultural life, and investment growth potential.
Expatriates & Foreign Buyers
Favor neighborhoods with an international community, such as Le Marais (3rd & 4th), Saint-Germain (6th), Invalides 7th), and the Passy / Trocadero (16th).
Often want properties in the most prestigious areas of Paris and close to international schools.
Real Estate Investors & Landlords
Target high-yield rental districts like Champs Elysee (8th), Bastille (11th, 12th), or Marais (3rd and 4th).
Seek strong rental demand and future property appreciation.
Paris real estate: A safe & profitable investment?
Unlike many other European cities, Parisian real estate is considered a safe long-term investment due to:
✔️ Continued price growth despite economic downturns.
✔️ High demand from both local and international buyers.
✔️ Limited new housing supply, driving up prices.
✔️ A strong rental market, particularly in central and well-connected arrondissements.
However, buyers should be mindful of:
High purchase costs & taxes: Expect 7-8% in notary fees plus capital gains tax on resale.
Strict rental regulations: Paris enforces rent control laws that impact rental profitability.
Competitive market: Desirable properties sell quickly, requiring buyers to be prepared.
The best arrondissements to buy an apartment in Paris
Paris is divided into 20 arrondissements, each offering a unique living experience. Whether you’re seeking luxury, investment potential, a vibrant atmosphere, or a family-friendly environment, there’s a neighborhood that suits your needs.
Here’s a breakdown of the best arrondissements for buying an apartment in Paris, categorized by luxury markets, high-demand areas, and emerging neighborhoods.
The Luxury Arrondissements (€14,000 – €25,000/m²)
If you’re looking for prestige, architectural beauty, and long-term property appreciation, these areas are among the most desirable in Paris.
6th Arrondissement – Saint-Germain-des-Prés & Luxembourg
Best for: High-net-worth buyers, cultural enthusiasts, and long-term investors.
Average price: €15,000 – €25,500/m².
✅ Why buy here?
- One of Paris’ most exclusive and elegant districts.
- Home to the Luxembourg Gardens, prestigious schools, art galleries, and historical sites.
- Attracts international buyers, keeping demand and property values high.
🛑 Challenges:
- Competition from other buyers for this most coveted area.
- Limited availability due to protected heritage buildings.
7th Arrondissement – Eiffel Tower & Palais-Bourbon
Best for: Luxury living, iconic views, and long-term property appreciation.
Average price: €14,000 – €25,000/m².
✅ Why buy here?
- Home to world-famous landmarks like the Eiffel Tower and Musée d’Orsay.
- Highly sought after by international buyers and diplomats.
- Safe, elegant, and well-maintained neighborhood.
🛑 Challenges:
- Competition from other buyers for this most coveted area.
- Limited availability due to protected heritage buildings.
8th Arrondissement – Champs-Élysées & Élysée
Best for: Elite investors, corporate buyers, and diplomats.
Average price: €13,000 – €20,000/m².
✅ Why buy here?
- One of the most prestigious arrondissements in Paris.
- Home to luxury boutiques, Michelin-starred restaurants, and embassies.
- Ideal for those seeking high-end real estate with excellent long-term appreciation.
🛑 Challenges:
- Tourist-heavy, which might not appeal to primary residents.
- Less community feel, more focused on business and commerce.
The best for young professionals & investors (€13,000 – €18,000/m²)
These arrondissements offer a mix of vibrant city life, rental demand, and affordability, making them ideal for young buyers and investors.
9th Arrondissement – Opéra & South Pigalle (SoPi)
Best for: Young professionals, expats, and investors seeking strong rental yields.
Average price: €13,000 – €18,000/m².
✅ Why buy here?
- Known for its trendy bars, boutiques, and historic theaters.
- Excellent public transport access (Metro lines 2, 12, 8 and 9).
- High rental demand from professionals visiting for work in central Paris.
🛑 Challenges:
- Lack of green spaces compared to other arrondissements.
- Can be noisy in nightlife areas like Pigalle.
10th, 11th Arrondissement – Canal Saint-Martin & République
Best for: Investors, creative professionals, and those seeking a dynamic area.
Average price: €11,000 – €15,000/m².
✅ Why buy here?
- One of the fastest-growing areas in terms of property value.
- Vibrant, multicultural, and popular among young buyers and digital nomads.
- Strong rental market for young professionals.
🛑 Challenges:
- Gentrification is raising prices, making some areas less affordable.
- Some streets still have a mix of upscale and less desirable areas.
11th, 12th Arrondissement – Bastille & Oberkampf
Best for: Trendy buyers, nightlife lovers, and rental investors.
Average price: €11,000 – €16,000/m².
✅ Why buy here?
- One of Paris’ liveliest districts, full of bars, restaurants, and cultural spaces.
- Perfect for short-term rentals due to demand from tourists and young professionals.
- Strong community feel with local markets and artisanal shops.
🛑 Challenges:
- Can be noisy due to nightlife in areas like Rue de la Roquette.
- Less green space compared to western arrondissements.
The best affordable & up-and-coming arrondissements (€10,000 – €13,000/m²)
For buyers looking for more space and long-term appreciation, these arrondissements offer affordable yet promising investment opportunities.
12th Arrondissement – Marché d’Aligre, Bastille
Best for: Families, first-time buyers, and trendy residents.
Average price: €10,000 – €13,000/m².
✅ Why buy here?
- Offers more space for the price compared to central districts.
- Home to Parc de Bercy and Coulée Verte, ideal for nature lovers.
- Good transport links and increasing property values.
🛑 Challenges:
- Less historic charm than older arrondissements.
14th Arrondissement – Montparnasse & Port Royal
Best for: Families and professionals looking for central, residential areas adjacent to Saint Germain.
Average price: €13,000 – €17,000/m².
✅ Why buy here?
- Great balance between city life and residential calm.
- Well connected to Montparnasse train station, ideal for commuters.
- Steady price growth without extreme fluctuations.
🛑 Challenges:
- Less trendy than younger, up-and-coming arrondissements.
Final thoughts: Which arrondissement is right for you?
- For prestige & high-end investment: 4th, 6th, 7th, 8th
- For young professionals & rental income: 3rd, 9th, 10th, 11th, 12th
- For affordable options with growth potential: 3rd, 11th, 12th, 14th
No matter your budget or lifestyle, Paris has an ideal arrondissement for your needs. Want to explore available properties? Contact Metropolitan Property Paris today for expert guidance!
How to choose the right arrondissement for you?
Buying an apartment in Paris is a major investment, and choosing the right arrondissement is crucial to ensure it meets your lifestyle, budget, and financial goals. Each neighborhood has its own character, price range, and investment potential. Here’s a step-by-step guide to making the best decision based on key factors.
Define your priorities: Lifestyle vs. Investment
Before selecting an arrondissement, ask yourself:
✔️ Do you plan to live in the property, rent it out, or invest for future appreciation?
✔️ Do you prefer a quiet, residential area or a vibrant, lively neighborhood?
✔️ Are you looking for historical charm, modern conveniences, or green spaces?
If you’re buying for personal use:
- Choose based on lifestyle factors such as walkability, proximity to shops, restaurants, cultural spots, and transport.
- Consider the long-term livability—not just the price.
If you’re buying for investment:
- Focus on rental demand, property appreciation, and yields.
- Look at emerging neighborhoods, or those adjacent to pricier areas.
Budget Considerations
Paris property prices range from €10,000/m² in outer districts to €25,000+/m² in prime locations. Understanding what your budget allows in different arrondissements is key.
Budget | Best Arrondissements |
€12,000 – €25,500/m² | 6th, 7th, 8th – Luxury & prestigious areas |
€11,000 – €15,500/m² | 9th, 10th, 11th – Trendy & high rental demand |
€11,000 – €16,000/m² | 5th, 12th, 14th – More affordable & growing markets |
€11,000 – €14,000/m² | 18th, 19th, 20th – Emerging neighborhoods |
Tip: If your budget is tight but you want a central location, consider smaller apartments or properties in up-and-coming neighborhoods adjacent to more expensive areas.
Rental & investment potential
If you plan to rent out your property, focus on arrondissements with high rental demand and strong investment returns:
- Short-term rentals (tourists, corporate & expats): 1st, 3rd, 4th, 5th, 6th, 7th.
- Long-term rentals (students & young professionals): 9th, 10th, 11th, 12th, 14th, 16th.
- Best price appreciation & future growth: 10th, 11th, 12th, 14th, 18th.
Tip: Areas that are gentrifying and have strong demand from young professionals tend to appreciate the fastest.
Community & Local Amenities
✔️ For families → Look for parks, proximity to cultural sites, safety (3rd, 4th, 6th, 7th, 14th, 16th).
✔️ For second home buyers → Look for neighborhoods with walkability and proximity to cafes, restaurants, cultural sites. (3rd, 4th, 5th, 6th, 7th).
✔️ For nightlife & cultural life → Choose lively, artistic districts (3rd, 10th, 11th, 12th, 18th).
Conclusion: Which arrondissement is right for you?
Paris is a collection of villages, offering a diverse range of neighborhoods catering to different needs and investment strategies. Here’s a final summary to help you decide:
Buyer Profile | Best Arrondissements |
Luxury buyer | 3rd, 4th, 6th, 7th, 8th, 16th (Prestige & high-end real estate) |
Young professional | 3rd, 9th, 10th, 11th, 12th (Trendy, dynamic, strong rental market) |
Family buyer | 7th, 8th, 14th, 15th, 16th, 17th (Spacious, green, residential) |
Investor | 3rd, 8th, 9th, 10th, 11th, 12th, 18th (Strong long term rental demand, high growth potential) |
No matter what your budget or preferences are, there’s an ideal arrondissement for you.
Ready to find your dream apartment in Paris?
Contact Metropolitan Property Paris for expert guidance and exclusive property listings.