Real estate prices in Grenoble in September 2024: purchase and rental indices

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Thinking of buying or renting in Grenoble? Check out the key figures for the local real estate market as of September 1, 2024 to get an idea of ​​the possibilities in the town.

Do you want to buy or rent a property in Grenoble? Discover the prices and rents practiced within the city thanks to the indices of the Fnaim (National Federation of Real Estate) and the Clameur Observatory.
If you are considering investing in the city, you should first know that as of September 1, 2024, the average sale price there was €2,525/m², according to Fnaim data. During the last quarter, this index recorded growth (1%). On the other hand, for the past year, a decrease of 6.9% was noted. These developments reflect the current renewed dynamism of the Grenoble real estate sector. Comparing the index for the last three years, we note a significant decrease in real estate prices: -4.4%.

Price per m² in Grenoble for September 2024: what you need to know to invest in the city

Can’t decide between buying a house or an apartment in Grenoble? According to Fnaim data, the average prices on the housing market as of September 1, 2024 were €3,530/m² for a house and €2,492/m² for an apartment. Regarding the average prices per property surface area, they reached the following levels:

• 3-room house: €4,057/m²
• 4-room house: €3,886/m²
• 5-room house: €3,443/m²
• House T6 and more: €3,146/m²
• 1-room apartment: €2,928/m²
• 2-room apartment: €2,622/m²
• 3-room apartment: €2,459/m²
• Apartment T4 and above: €2,336/m²

We observe that, in this municipality, the price per square meter is 2% lower than that of the department (2,564 €/m²). Find the advertisements of Fnaim professionals: real estate for sale or for rent in Grenoble.

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Rents per m² in Grenoble: the rental market during the last 4 quarters

The information provided by Clameur allows you to know the amount of rentals signed in Grenoble over a year according to the categories of real estate.

For the last 4 quarters, the median rent* for an apartment, all sizes combined, in Grenoble is €13/m² (excluding charges).
In the city, rents have increased by +0.2% compared to those recorded last year. The trend is therefore upward.
Overview of median rents* excluding charges according to rental sizes in Grenoble (last 4 quarters):

• 1-room apartment: €17/m²
• 2-room apartment: €13/m²
• Apartment T3 and above: €11/m²

If we compare the rents collected during the year with those collected during the same period a year earlier, we note a variation of +1.1% for T1s, +0.2% for T2s and -0.7% for T3s and above. The figures over 5 years are as follows: rents varied by +9.5% for T1s, +5.5% for T2s and +5.9% for larger T3s and above.

* The median price shows that half of the leases were concluded at a lower price, and the other half at a higher amount. This marker is more representative of the transactions carried out than an average because it is less influenced by extreme values.

> > Our service – Estimate the price of your property with our real estate simulator

Good reasons to live or invest in Grenoble

There are 157,650 residents in Grenoble, whose territory covers 18 km². The commune is located in the Auvergne-Rhône-Alpes region, in the Isère department.
Grenoble is known for its dynamism. According to the INSEE, it lists in particular 4 theaters and 5 cinemas. There are 6 swimming pools, 22 gymnasiums as well as 27 stadiums, for the more sporty. For everyday shopping and outings, residents and visitors have the choice among the 3,003 shops. There are also 69 green spaces in the city where residents can walk, whether they are students, families or retirees.

Also find on Capital the real estate prices in Annemasse, Aix-les-Bains, Villeurbanne, Thonon-les-Bains and Annecy.