Lyon real estate market shows price declines amid varying local trends

Real estate trends in the Lyon metropolitan area show varying performance between the city center and its neighboring communes. In Lyon, apartment prices have experienced a significant decline, dropping 11.5% over the last five years. The average price for an apartment in Lyon currently stands at 4,509 €/m², representing a 1.3% decrease from the previous year. Price variations within the city are notable: the 9th arrondissement is the most affordable at 3,685 €/m², while the 6th arrondissement remains the most expensive at 5,480 €/m².

In the adjacent commune of Tassin-la-Demi-Lune, the market shows different dynamics. Apartment prices have risen by 1.72% over the past year, reaching an average of 4,558 €/m². However, similar to the broader Lyon area, house prices in Tassin-la-Demi-Lune have seen a long-term decline, falling 7.87% over a five-year period. The average rent for both apartments and houses in Tassin-la-Demi-Lune is approximately 17 €/m².