France · Europe · Population: 2,100,000
Paris is a challenging market for first-time buyers, with steady growth in property values. The city has moderate rental prices. At $620,000 average home price in France, buyers should consider the 14.2x price-to-income ratio when planning a purchase.
| Average Home Price | $620,000 |
| Price per sqm | $12,800 |
| Price-to-Income Ratio | 14.2x |
| Mortgage Rate | 3.8% |
| 1-Year Price Change | +0.8% |
| 1-Bedroom Apartment | $1,500/mo |
| 3-Bedroom Apartment | $2,800/mo |
| Rent-to-Income Ratio | 32% |
| Median Household Income | $44,000/year |
| Years to Buy (at median income) | 14.2 years |
| Local Currency | EUR |
With a price-to-income ratio of 14.2x, Paris is one of the most expensive cities for homebuyers. Consider renting or exploring nearby cities for better value. Home prices have increased 0.8% in the past year.
Cities worldwide with home prices closest to Paris
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