France rent price index
France rent price index stood at 111.59 in Q3 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the House prices table (Value · Quarterly), with a complete series running from Q1 1970 to Q3 2026. The complete series with an interactive chart, free to download.
This indicator in the House prices table
| Indicator | Q3-2026 | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Price-to-income and price-to-rent ratios (OECD) | |||||||||||
| Rent price index | 111.59 | 111.17 | 110.9 | 110.77 | 109.88 | 109.43 | 108.83 | 108.14 | 107.54 | 106.99 | |
| Nominal house price index | 125.7 | 127 | 127.3 | 126.8 | 126.8 | 127 | 126.1 | 126 | 126.1 |
Understanding france rent price index
Contractual lease payments negotiated by tenants occupying residential properties across the rental market are tracked by this indicator. Excluded from this measure are owner-occupied imputed rents, commercial lease agreements, and secondary holiday accommodations rented on a short-term basis. This series focuses exclusively on the ongoing cost of tenant occupancy, providing a benchmark for residential shelter services independent of property purchase prices.
Interpreting the rent trajectory requires understanding that lease adjustments often lag behind shifts in the broader property sales market due to multi-year contract renewals and statutory indexation caps. Period-on-period comparisons reveal gradual shifts rather than abrupt price shocks, making annual tracking appropriate for identifying structural rental trends. Users should avoid comparing rental growth rates directly with sales price growth without referencing the overarching price-to-rent valuation benchmarks.
Frequently asked questions
- Are owner-occupier imputed housing costs included here?
- No, this series measures actual cash rents paid by tenants in the residential lease market.
- Why do rental trends often move slower than sales prices?
- Long-term lease agreements and legal restrictions on rent increases create a structural lag behind housing market transactions.
- Does this index cover short-term holiday rentals?
- Seasonal and tourist accommodations are excluded to focus purely on primary residential lease contracts.