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04/04/2024
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France

What is the average rent in Lyon?

Lyon is a historic French city in the Rhône-Alpes region, one of the main cities in France, and also an important European commercial center. The Lyon metropolitan area is at the forefront of technology, creative, and lively with a diverse range of attractions. It's safe to say that it attracts both visitors and investments alike. But how does the real estate market fare there? In which areas should one invest, and how to rent or buy a property in Lyon? In this article, we'll discuss everything you need to know about real estate in Lyon and especially what the average rent is in Lyon.

Focus on the real estate market in Lyon

Lyon is fortunate to have a flourishing real estate market. Generally speaking, the current market is attractive, especially in the city center. While prices increase each year, this doesn't seem to have deterred investors from buying properties. There are plenty of available plots in this area, and there are now a number of new housing development programs.

On one hand, there's a significant and diverse assortment of property types available. On the other hand, the market is dominated by apartment offerings, especially when looking towards the city center. Studios and one-bedroom apartments are available for students. However, if you're looking for a full house, you'll need to search in the outskirts of the city.

What is the average rent per square meter and per type of apartment in Lyon?

The average rent in Lyon varies depending on the districts. The average rent in Lyon 2 and the average rental price in Lyon 6 are €17, while the average rent in Lyon 3 and the rental price per square meter in Lyon 7 are €15.

Based on these estimates, a furnished one-bedroom apartment in Lyon will be approximately €24.31. The average rent for an unfurnished one-bedroom apartment drops to €20.74. For a two-bedroom apartment, the ratio of furnished to unfurnished apartment is €17.89/€15.81 per square meter. This same ratio for a three-bedroom apartment averages at €17.29/€14.14 and finally at €16.09/€13.93.

Which neighborhood to live in Lyon?

The 1st and 7th arrondissements are popular for those who like elegant and lively neighborhoods. Moreover, they offer a wide range of entertainment. However, the cost is comparable to that of the 2nd, 3rd, and 8th arrondissements, which are considered the most prominent and opulent areas of the city. The 6th arrondissement, on the other hand, is an excellent choice if you want to reside in a quieter area. Although rental costs are reasonable, the number of available options is limited. Indeed, it's in the 9th arrondissement where you'll find the cheapest neighborhoods.

Renting in Lyon with Colonies

Renting a property in Lyon may seem like a daunting task. However, it's a particularly interesting option. Indeed, the average rent in Lyon is 20% lower than in Paris, for example. The administrative procedures for finding and renting a house, studio, or apartment can sometimes be very difficult. Colonies makes it easier for you if you want to settle in Lyon. The process is simple:

  • Trust Colonies to assist you in your steps

  • Consider the deposit and guarantee conditions

  • Choose a property to rent

  • Discuss the lease conditions

  • Sign the lease

Colonies provides its associates with housing solutions tailored to their needs. They are designed to reinvent the vision you have of residence. With us, you'll not only find a place to live but also, and above all, a place to live your life. Booking a studio, a room, or an apartment with us is done completely digitally. Documents are exchanged online, and transactions are conducted under the best security conditions.

Colonies is coming to Lyon very soon, so be sure to regularly check our website to stay updated on upcoming openings.

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