Location: Rents continue to soar, find out where

Reading time:

1 min

French rents have increased faster than inflation over the last twelve months. A phenomenon that affects large cities as well as rural areas.

While the real estate market is finally picking up with the gradual return of buyers, the situation remains particularly critical for tenants. According to SeLoger and Meilleurs Agents, who presented their market analysis to the press on Tuesday, September 3, French rents increased by an average of 4% in September over the last twelve months, an increase higher than inflation. This phenomenon is not new since rents have continued to increase for two years.The number of real estate transactions is at its lowest for two years, the French who could no longer buy have remained tenants, which has caused a shortage of properties to rentexplains Thomas Lefebvre, vice-president of Se Loger and Meilleurs Agents. This phenomenon has pushed up rents“In detail, over the last twelve months, rents have increased by +4% in the 10 largest French cities, +3.6% in Paris, where rents are regulated, and +6.5% in rural areas.

The only good news for tenants is that:the supply of properties available for rental has stopped contracting while remainingt at a low level“, continues Thomas Lefebvre. While the number of properties to rent has increased slightly (+4.2%) over the last twelve months, the rental offer remains largely insufficient. According to the scientific teams of Se Loger and Meilleurs Agents, there is in fact a shortage of at least 25% of properties on the market to satisfy the demand of rental candidates.

>> Our service – Estimate the price of a property (immediate, free and without obligation)

The situation should improve

But let tenants rest assured, the worst is probably behind us. With the drop in mortgage rates, which reached an average of 3.60% in September for loans spread over 20 years compared to 4.1% at the beginning of the year, buyers are finally starting to return to the market. The number of transactions has been increasing in recent months and the situation should improve next year: the scientific teams at Se loger Meilleurs Agents estimate that around 900,000 transactions will be carried out in 2025, compared to 770,000 in 2024. This is good news since households should therefore remain tenants for a shorter period of time, which will automatically increase the stock of properties available for rental. “The rental market is gradually loosening up, even if it will take time,” concludes Thomas Lefebvre.