As with any major city, property prices within Paris vary. Broadly speaking, the most expensive properties are in the highly sought-after central districts, while prices tend to drop as you travel out of the city centre towards the outskirts of Paris.
Paris consists of twenty arrondissements:
The 6th arrondissement is generally the priciest area to buy in, with properties costing an average of €13,100/m². Property in the 19th arrondissement is generally the least expensive in the city, at an average of €6,580/m².
Average Apartment Prices in Paris
The following property information was collected from the French notaires index (French land registry) during the 4th quarter of 2011.
Property prices in Paris by district
1st arrondissement: Les Halles: €10,300/m² Palais Royal : N/A Place Vendome : N/A St. Germain-l’Auxerrois: N/A Average price overall : €10,630m²
11th arrondissement: Folie-Mericourt: €8,140/m² Saint-Ambroise: €8,330/m² La Roquette: €8,570/m² Sainte-Marguerite: €8,160/m² Average price overall: €8,370/m²
2nd arrondissement: Gaillon: €10,270/ m² Vivienne: N/A Mail: €9,470/m² Bonne-Nouvelle: €9,470/m² Average price overall : €9,520/m²
8th arrondissement: Champs-Elysees: 14,260/ m² Faubourg du Roule: €10,390/m² La Madeleine: €10,410/m² Europe: €9,620/m² Average price overall: €10,390/m²
18th arrondissement: Grandes-Carrieres: €7,870/m² Clignancourt: €7,740/m² La Goutte-d’Or: €6,290/m² La Chapelle: €6,490/m² Average price overall: €7,490/m²