Student cities in France where you can count on high rental income

France is a state with one of the most developed systems of higher education in the world. It is not surprising that tens of thousands of foreign students come here every year in the hope of becoming in-demand specialists. But far from all of them, French universities provide housing on campus. Many are looking for rented apartments, thus being a good source of stable income for local landlords. And the more popular the direction, the more profit from rent you can count on. So let's take a look at which French student cities provide the best options for a rental business.

What is interesting about the real estate market in France?

In order to understand the full potential of the French real estate market associated with the rental of housing, we present some indicative figures. There are more than 3,000 institutions of higher education in this country, with approximately 3 million students. Of these, 220 thousand people are foreigners. And not every one of them gets a pass to the campus. Therefore, tens of thousands of visiting applicants are forced to look for rental housing. Rental housing in France is one of the most profitable types of real estate business.

The number of immigrants is increasing every year, because education in French universities opens the way to developed countries. By the way, in the international ranking of world passports, France took first place in 2018, once again demonstrating superiority in terms of the standard of living of its citizens. So, even without finding “his student”, the landlord will be able to rent out housing to one of the many labor or business migrants without any problems.

Renting property in France is stable compared to other European countries. The average rental rate in the country is 12.7 € per sq. m. m, which is only 0.1% lower than in 2017. Renting a house in France most often costs from 400 € to 1900 € per month, depending on the area of ​​​​the premises and the prestige of the area. Small studios and one-room apartments will cost no more than a student campus, where you will have to pay from 250 € to 550 € per month for a room.

Toulouse

For some time, this city led the popularity ratings among students. But, even being on the second line, Toulouse is still in demand among young people. This is due to the developed infrastructure, low prices and broad prospects for subsequent employment. Rental prices in it start from 9.1 € per square meter. On average, rental housing prices are 230-750 € per month.

Montpellier

Abundance of sunny days a year, warm climate, rich nightlife. What else do students need? Exactly - the opportunity to find a job. It is also available. Thus, Montpellier confidently takes the "bronze" of our rating. An apartment in the city center will cost here 500-700 € per month. If you find housing on the outskirts, you can save and pay 380-600 € per month. You can also rent a room in an apartment. It will come out even cheaper - 220-350 € per month.

Nantes

A popular destination among lovers of high technology and energy. Nantes is the most student city in France, since the number of young students here significantly outnumbers the number of the local population. A rental agreement in Nantes can be concluded starting from 450 € per month. In the central part of the city, the price of a similar transaction will be about 100 € more expensive.

Aix-en-Provence

The "City of a Thousand Fountains" is popular not only among students, but also among all the romantics of the world. A real multinational "oasis". It is not surprising that the main profile of the local universities is international relations. Rental prices are quite high - an average of 800 € per month.

Bordeaux

One of the major wine-growing centers of France, clearly shows the local youth what the truth is. The rich cultural life of students attracts no less than high-class education. Rental prices start from 10 € per square meter per month and go up to 17 € in central areas.

Lyon

One of the most expensive cities in France, while attracting more and more students, especially due to the variety of opportunities for youth recreation. Renting an apartment in the city center can reach 900 € per month and more. In terms of popularity among foreigners, he overtook even Paris and Marseille.

Lille

Unlike the previous city, Lille has very affordable rental prices. Rarely do they exceed 680 € per month. And this is in the center. On the outskirts you can rent an apartment from 350 € per month. A large number of students is caused by the versatility of local education. Among the most popular areas are exact science, technology, law, medicine and sociology.

The listed student cities in France are the most successful option for a business built on renting out housing. Numerous foreigners who come here to study will always ensure the demand for real estate. Accordingly, rental prices in these cities are also acceptable for investors who decide to invest in this market segment. France is a hospitable and multinational country where the number of apartments will never exceed the need for housing, especially when it comes to student cities.