Rental Investment in Montpellier: Property Market Data, Prices per m² and Yield

Do you want to make a rental investment in Montpellier (Hérault) to supplement your income, secure your assets or benefit from an advantageous tax exemption? Investing in rental property in Montpellier is a proven strategy, but the best operations all have one thing in common: excellent preparation.

As the best investors rely on data, Trackstone has compiled for you some advice and all the essential data for your real estate analysis. If investing in Montpellier can be a profitable and efficient for you, you will know it.

Cover photo of the city Montpellier

The real estate market in Montpellier

Real Estate Market Projection in Montpellier

The real estate market in Montpellier is a dynamic market with a number of buyers 18.0% higher than the number of properties for sale.

Selling prices in Montpellier should therefore be increasing and the time on market decreasing.

Rental pressure
10/10
66.3% tenants
Gross yield
4.7%
purchase + observed rents

Sale prices and price trend

Apartments
€3,314/m²
Average price 2025, range €2,193 to €4,530
Over 5 years
+8.5%
Over 10 years
+27.9%
Sales in 2024
3,611
Houses
€4,027/m²
Average price 2025, range €2,628 to €5,474
Over 5 years
+10.2%
Over 10 years
+33.7%
Sales in 2024
403

In Montpellier, an apartment sells for €3,314/m² on average and a house for €4,027/m² in 2025. Over five years, prices moved by +8.5% for apartments and +10.2% for houses.

Average price per m² in Montpellier by year, apartments and houses
YearApartmentsHouses
2014€2,600/m²€2,982/m²
2015€2,592/m²€3,013/m²
2016€2,632/m²€3,019/m²
2017€2,676/m²€3,088/m²
2018€2,749/m²€3,235/m²
2019€2,889/m²€3,412/m²
2020€3,055/m²€3,655/m²
2021€3,248/m²€3,892/m²
2022€3,393/m²€4,136/m²
2023€3,367/m²€4,118/m²
2024€3,296/m²€4,023/m²
2025€3,314/m²€4,027/m²

Commercial premises in Montpellier

Commercial premises
Average price per m² in 2025
€2,593/m²
Range €865 to €4,642
Sales over 12 months
335
Average price per m² by quarter, T1 2023 to T4 2025

Average price per m² of commercial premises in Montpellier by period
PeriodAverage price
T1 2023€2,541/m²
T2 2023€2,597/m²
T3 2023€2,964/m²
T4 2023€2,534/m²
T1 2024€2,570/m²
T2 2024€2,413/m²
T3 2024€2,429/m²
T4 2024€2,446/m²
T1 2025€2,585/m²
T2 2025€2,544/m²
T3 2025€2,484/m²
T4 2025€2,661/m²

Commercial premises in Montpellier sell for €2,593/m² on average in 2025, with 335 sales over the last twelve months.

Do you own a rented property in Montpellier?

Get an estimate based on these prices per m² and on real sales in your neighbourhood, then sell it to qualified investors.

Monthly rent

Apartments · average rent
14.6 €/m²
from 9.9 € to 21.8 € per month · gross yield 5.3%
Houses · average rent
12.4 €/m²
from 9.6 € to 15.9 € per month · gross yield 3.7%
25 m² studio
≈ €360/month
indicative rent, check local rent caps

The average rent of an apartment in Montpellier is 14.6 €/m² per month, a gross yield of 5.3% at the average purchase price.

The housing stock in Montpellier

160,133 dwellings · 1.72 people per dwelling

Housing size

Tenants and owners

Nearly two households in three rent their home: structural rental demand.

Montpellier has 160,133 dwellings, 88.1% of them apartments. Studios and two-room flats make up 42.5% of the stock, and 66.3% of households rent their main home.

Energy performance (DPE) classes in Montpellier

  1. A
    3%
  2. B
    13%
  3. C
    50%
  4. D
    23%
  5. E
    9%
  6. F
    2%
  7. G
    1%
2.5%
energy sieves (F and G)
About 2,194 dwellings rated F or G, banned from renting since 2025 for G.
11.2%
affected by the rental ban (E to G)
Timeline: G in 2025, F in 2028, E in 2034. A lever for negotiation and value after renovation.

11.2% of dwellings are rated E, F or G and affected by the progressive rental ban, including 2.5% rated F or G.

What is your property in Montpellier worth?

The EPC weighs on price and negotiation. Get an estimate of your property, renovated or as is, and sell it to investors.

Main and secondary residences in Montpellier

156,442
Apartments
88.1% of the stock
21,161
Houses
11.9% of the stock
Housing count% of housing
Main residences142,99989.3%
Secondary residences4,8043.0%
Vacant12,3307.7%

Main residences by number of rooms in Montpellier

Housing count% of main residences
Studios27,59919.3%
2 rooms33,17623.2%
3 rooms37,18026.0%
4 rooms27,02718.9%
5 rooms and more18,01812.6%

General information about Montpellier

Population in Montpellier

Inhabitants
302,454
Growth
+9.4%
Median age
32years
Density
5,298inh/km²

Montpellier has 302,454 inhabitants, a median age of 32 and a density of 5,298 inhabitants per km².

Income, Employment and Unemployment in Montpellier

Median annual income
€22,120
Unemployment rate
21.1%
Unemployment trend
+2.8pt
Tenants
66.3%

The median annual household income is €22,120, with an unemployment rate of 21.1%.

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Other cities to invest in Hérault

CityPopulationAverage apartment price/m²Average house price/m²Average apartment rent/m²Average house rent/m²Estimated yield
Agde29,103€3,810€3,905€11€123.60%
Castelnau-le-Lez24,888€3,859€4,412€15€134.00%
Frontignan23,808€3,367€3,753€13€134.33%
Lattes17,544€4,476€4,452€15€133.70%
Mauguio16,596€4,772€4,382€15€123.60%
Juvignac12,783€3,068€3,651€14€155.24%
Mèze12,664€3,289€3,318€12€134.54%
Saint-Jean-de-Védas12,570€3,453€3,774€14€165.13%
Saint-Gély-du-Fesc10,537€3,819€4,306€15€154.29%
Villeneuve-lès-Maguelone10,405€4,959€4,115€14€143.61%