Do not waste your time looking at neighborhoods, or even looking at ads, for a budget you cannot afford.
The first step in your apartment hunt should be to determine the absolute maximum you can afford to spend on rent.
A good rule of thumb is that you should not spend more than 30% of your net income on rent.
For a person earning a net income of €40,000 per annum, 30% would be equivalent to a rent of about €1,000 per month.
Naturally, many people who just start in Paris spend a little over 30% of their income on rent.
If you think you might be one of those people, you must understand the lifestyle implications before you lock yourself in a life situation that you cannot afford.
- An income of 3x monthly rent (and documents to prove it)
- Tenant’s proof of ID
- Bank statements
What is the average rent for furnished apartments in Paris?
Below is a table of the average rent recorded by type of apartment (source: Paris Attitude)
|
Average rent |
|
| Studio | 1150€ |
| Apartment with 1 Bedroom | 1700€ |
| Apartment with 2 Bedrooms | 2850€ |
| Apartment with 3 Bedrooms | 4700€ |
| Apartment with 4 Bedrooms | 7500€ |
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