Real estate: Toulouse cheaper to rent than Montpellier

the essential
On the occasion of the Habitat and Real Estate Fairs which will be held at the Meett in Toulouse Aussonne this weekend, the point with LocService.fr, specialist in rental between individuals on the Toulouse rental market. The Pink City is the 2nd most expensive city in Occitanie after Montpellier to rent.

It takes an average of €653 per month to find accommodation in Toulouse. It is the small surfaces (studios/T1) that are the most popular with tenants, in particular thanks to requests for student accommodation. this is what emerges from a new study carried out on the Toulouse rental market, by LocService.fr, specialist in rental between individuals, the results of which are unveiled at the Habitat and Real Estate fairs this weekend. .

€653 on average for accommodation in Toulouse

Toulouse has just over 65% tenants (INSEE figure). According to the LocService.fr study, the average rent including charges for accommodation in Toulouse is €653 for 40 m² on average, or a ratio of €16.36/m². The rent per square meter has increased by +8.3% compared to the average recorded before the health crisis (in 2019), which was €15.10/m². Toulouse remains in second place among the most expensive cities in Occitanie, after Montpellier which shows 17.93 €/m².

Compared to the rest of France, the average rent per square meter in Toulouse is significantly higher than the average for provincial towns (€13.61/m²). But the gap remains significant compared to the capital: Toulouse is 55% cheaper than Paris.

On average in Toulouse, single rooms have a surface area of ​​13 m2 and are rented for €425, the
studios, 493 € pour 22 m2 and one-bedroom apartments, €541 for 28 m2. For the
T2 apartments, the average area observed is 40 m2 and the average rent of €657,
et a T3 of 63 m2 rents for €858, according to LocService.fr. For large apartments with 4 rooms and more, it takes a little over 1,000 euros including charges.

Small areas lead rentals in Toulouse, more than 1 in 2 tenants is a student

The Toulouse rental market favors 1 to 2-room apartments, which represent
respectively 43% and 32% of rentals over the last 12 months. They
benefit in particular from the demand of students who are approximately 118,000 to live
the Toulouse conurbation. The Toulouse neighborhoods most popular with young people are the hypercentre, but also Sauzelong/Rangueil or Compans and Minimes.
Appreciated by students and young professionals, furnished accommodation represents half of the rentals made in the last 12 months (excluding furnished tourist rentals). The average budget available to tenants in Toulouse is €630. 33% of applicants are single men, 44% are single women, and 22% couples. 56% of people looking for accommodation in Toulouse are students. 61% of tenants looking for accommodation in Toulouse already live in Occitanie (they do not change region), and 35% in Toulouse itself.

The Salon de l’Habitat will bring together around a hundred home professionals from Thursday 29 September for four days. In the immediate vicinity, the Real Estate Fair will bring together from Friday, September 30 for three days some fifty exhibitors who are experts in acquisition and rental issues. At Meett Toulouse Aussonne. Tram line T1 terminus.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.