Nantes – apartment rental prices in 2024

Nantes, located in western France, continues to solidify its reputation as one of the most attractive cities to live in. In 2024, the rental housing market in this city demonstrates notable changes due to rising demand and infrastructure development. This article offers a detailed overview of rental prices in various neighborhoods of Nantes, explores key factors affecting housing costs, and provides useful advice for renters.
General Trends in Nantes Rental Market
In recent years, Nantes has become a magnet for students, young professionals, and families due to its high quality of life, economic opportunities, and cultural activities. In 2024, the average rental price for apartments in the city is approximately €13-15 per square meter. This makes Nantes more affordable for tenants compared to larger cities like Paris, although housing costs are steadily increasing.
The reasons behind this price growth include population growth, limited housing supply, and the city’s growing popularity among international renters. These factors create a competitive market, particularly in central city areas.
Rental Prices in Different Neighborhoods of Nantes
Centre-Ville (City Center)
The central area of Nantes is the heart of city life, home to major attractions, shops, cafes, and offices. Notable landmarks include the Château des Ducs de Bretagne and the Cathedral of St. Peter and St. Paul. Housing here is considered the most expensive in the city.
The average rental price in Centre-Ville ranges from €16 to €18 per square meter. Renting a small one-bedroom apartment of 30 m² will cost around €480 to €540 per month. For larger three-bedroom apartments, the price can reach €1,100-€1,250.
Ile de Nantes (Nantes Island)
This modern area has become a hub for innovation and creativity. It features creative offices, cultural venues like Les Machines de l’Île, and residential complexes with contemporary architecture. Nantes Island is particularly appealing to young professionals and families.
Rental prices on Nantes Island range from €14 to €16 per square meter. For example, renting a 40 m² apartment costs between €560 and €640 per month, while larger apartments can go up to €1,500 per month.
Talensac
The Talensac neighborhood is known for its traditional market and cozy atmosphere. It blends old-world charm with affordability and convenience. Thanks to its proximity to the city center and well-developed infrastructure, it is popular among students and young professionals.
The average rental price here is €13-14 per square meter. A one-bedroom apartment costs around €400-500 per month, while a two-bedroom apartment is approximately €800-1,000.
Hauts-Pavés-Saint-Félix
This area is characterized by a peaceful atmosphere and family-friendly environment. With parks, schools, and childcare facilities, it is an attractive option for long-term rentals.
Rental prices in this neighborhood range from €12 to €14 per square meter. A spacious apartment of 80 m² may cost between €960 and €1,120 per month.
Doulon-Bottière
Doulon-Bottière is considered one of the most affordable neighborhoods in the city. It offers numerous budget-friendly options, making it suitable for students and renters with limited budgets.
The average rental price here is €11-13 per square meter. A one-bedroom apartment costs €350-450 per month, while a two-bedroom apartment ranges from €700 to €850.
Key Factors Influencing Rental Prices
1. Location: Neighborhoods closer to the city center or key transportation hubs are usually more expensive.
2. Building Type: New residential complexes and buildings with modern amenities are priced higher than older structures.
3. Condition of Housing: Apartments with quality renovations and modern finishes are valued higher.
4. Size: Rental costs increase with apartment size, although the price per square meter may decrease for larger properties.
5. Furnishing: Furnished apartments are typically more expensive than unfurnished ones.
Useful Tips for Renters
1. Set a Budget: Factor in additional costs like utilities and insurance.
2. Start Searching Early: The rental market is competitive, especially in popular neighborhoods.
3. Use Reliable Platforms: Websites like Leboncoin and SeLoger can help find suitable housing options.
4. Consider Alternative Areas: If the city center is too expensive, look at nearby neighborhoods with good transportation links.
5. Prepare Your Documents: Popular apartments can receive multiple applications, so have your income statements and other required documents ready.
Predictions for 2024
Experts predict that the demand for rental housing in Nantes will continue to grow in 2024. This is due to an increasing number of students and professionals moving to the city, as well as the development of infrastructure and improvements in urban living quality. However, ongoing construction projects may slightly ease market pressure and help stabilize prices.
Additionally, the introduction of new environmental standards for housing may lead to modernization costs for landlords, which could impact rental prices.
Conclusion
The rental market in Nantes in 2024 offers a wide range of options for tenants. Whether you are looking for a cozy studio in the city center or a spacious apartment in a quiet neighborhood, Nantes provides plenty of opportunities. It is important to remember that competition remains high, so thorough planning and readiness to act quickly are essential for securing the right property.