Paris, by far one of the most romantic cities in the world, also known as “the city of lights” has quickly become one of the most expensive cities in the world in regards to real-estate prices. It has caught up to London and New York in the past few years and the prices are very high if you are looking to rent or buy an apartment there. However that did not stop Paris apartments from being very popular on the real-estate market. In fact the opposite happened; it attracts more people than ever.
How does all of this affect an average person just looking to rent apartments in Paris?
First make sure it’s worth the extra effort you will need to put in to getting an apartment there. If you are planning on staying at least a few weeks in Paris, you most definitely should rent an apartment. However for shorter stays getting a hotel room might be cheaper option. Not to mention a lot less complicated one as you won’t need to invest the same amount of energy to get it.
What you should know before booking an apartment there is that Paris is divided in 20 districts also known as “arrondissements” and each district has its own special characteristics you might want to explore before choosing the perfect one for you. For example, Vaugirard, 20th district, is the most populated one, with estimated 232,400 lliving there however it’s very far from the city center but the rents are relatively cheap. If being close to center is an important factor to you, make sure to get an apartment in the inner spiral turn, from 1st to 6th arrondissements as those are located in the very heart of Paris and its very historical center.
Keep in mind that you are mostly paying for location in Paris (the time of year when you visit can be a factor as well but 90% of the price is based on location of the apartment) so an apartment with serious flaws in the 1st arrondissement will still be a lot more expensive than a perfect apartment in 20th arrondissement.
How to rent an apartment?
The positive aspect of a large apartment market in Paris is the fact that there are several websites you can use to get in touch with landlords directly without paying agency fees or signing agency contracts. Those websites will allow you to email the landlord directly and set up a meeting where you can see the apartment and the landlord can meet you in order to discuss the terms of renting directly.