Just five kilometers from the heart of the capital, nestled along the banks of the Seine, Ivry-sur-Seine is undergoing a major transformation. Once an industrial town and historic stronghold of the “red belt,” the municipality has become, in just a few years, one of the urban laboratories of Greater Paris: large-scale projects, new transport lines, the arrival of corporate headquarters and engineering schools, and an explosion in new housing supply.
Good to know:
This 6.1 km² area offers several key advantages: immediate proximity to Paris, rental yields often above the national average, a growing population, a predominantly rental housing stock, and a recent price correction offering more favorable entry opportunities.
A market at the gates of Paris, undergoing rapid change
Ivry-sur-Seine is located in the Val-de-Marne department, in the inner suburbs, directly adjacent to the 13th arrondissement. The border is sometimes symbolic: the Parisian Chinatown already spills over into the north of the town, and many residents work or study in the capital while living in Ivry.
The municipality has around 64,000 inhabitants, with a very high density – over 10,000 inhabitants per km² – and a relatively young population. The median age is around 36–37 years, with over 40% of residents between 15 and 44 years old. This is the typical profile of areas sought after for rental investment: workers, students, young families, and a growing share of executives.
33,000
The area concentrates approximately 33,000 jobs, a very favorable ratio of 116 jobs per 100 resident workers.
Accessibility is another major strength: Metro line 7 (Pierre et Marie Curie and Mairie d’Ivry stations, plus Porte d’Ivry on the Paris side), RER C, tram T9, numerous buses, A4, A6, A86, and the ring road, 15 minutes from Orly, about a quarter of an hour by public transport to Porte de Choisy. And it’s not over: the arrival of the T Zen 5 electric bus line, the planned extension of Metro line 10, and the expansion of the bike lane network further enhance the area’s appeal.
A dynamic population and a predominantly rental city
From a strictly real estate perspective, Ivry-sur-Seine combines two key characteristics: population growth and a strong rental culture. The population has grown by about 1% per year over the last decade, with a positive natural balance (many births) and a slightly positive net migration balance. In other words, not only do residents stay, but new households arrive each year, especially young adults from other municipalities.
33,000
The housing stock totals about 33,000 units, nearly 90% of which are apartments and over 90% are primary residences.
But the key element for an investor is the owner/renter split. The figures converge: around 28% owner-occupiers, and therefore nearly 70–72% renter households. About a third of the stock is social housing (over 33% HLM), a legacy of the town’s political history. In practical terms, Ivry-sur-Seine is a municipality where renting is the norm, fueling a steady flow of demand, especially for small and medium-sized units.
Attention:
The housing stock is predominantly made up of small homes (studios to 3-bedroom apartments), representing over 70% of primary residences. This typology, in high demand among students, young workers, and small families, is naturally suited for targeted rental investment.
Prices retreating after several years of increases
For a long time, Ivry-sur-Seine followed the upward trend of Greater Paris real estate. Between 2015 and 2022, the average price of apartments rose from about €4,150/m² to nearly €5,500/m². Houses even reached around €7,600/m² at the peak in 2022. Over a broader period, some indicators suggest +31.7% over five years, evidence of the strong appreciation driven by Greater Paris and major urban projects.
Since 2023, however, the trend has reversed. The most recent data (late 2025 – early 2026) shows a price correction:
| Indicator (all properties) | Median value | 1-year change | 5-year change | Low range | High range |
|---|---|---|---|---|---|
| Price per m² (January 2026) | €5,102 | -5% | +1% | €4,277 | €6,176 |
Several sources place the overall average between €4,800 and just over €5,500/m², with occasional average peaks at €6,000/m² and extremes up to over €9,000/m² on some highly sought-after streets. In detail, apartments are around €5,100/m² median (down about 5% over one year, but slightly up over five years), while houses are around €4,880–€5,200/m² median, stable over one year but slightly lower over five years.
Example:
The evolution of real estate prices in Ivry-sur-Seine illustrates the market slowdown: the price per m² fell from about €5,695 in 2018 to €5,879 in 2023, then to about €5,600 in 2025. Over two years, average prices thus dropped by about 5%. At the same time, the number of transactions fell sharply, with only 190 sales in 2024, representing a decrease of more than 60% compared to two years ago. This trend reflects the general slowdown in the French real estate market, mainly due to rising interest rates.
For an investor, this downturn phase offers a double benefit: more accessible prices than at the market peak, and less competition at purchase, in a context where rental demand remains strong.
Significant disparities by property type and number of rooms
In detail, prices vary according to condition (old/new), property type (apartment/house), and number of rooms.
Old, new, houses, apartments: distinct levels
The aggregated data allows us to sketch the following picture:
| Property type | Median price per m² | 1-year change | 5-year change | Low range | High range |
|---|---|---|---|---|---|
| All properties | €5,102 | -5% | +1% | €4,277 | €6,176 |
| Apartments | €5,112 | -5% | +1% | €4,303 | €6,181 |
| Houses | €4,883 | 0% | -6% | €3,609 | €6,211 |
| Old (all types) | €4,896 | -2% | -6% | €3,876 | €6,071 |
| New (all types) | €5,171 | -8% | +4% | €4,456 | €6,206 |
New apartments trade at a higher price than old ones, as everywhere in Île-de-France, with averages around €5,100–€5,200/m² for new (and over €6,000/m² for some popular developments) versus just under €4,900/m² for old.
Houses, which represent a very small share of the stock, show more volatile prices: some sources report over €6,200/m² on average, others around €4,700–€5,200/m², with wide variations depending on the neighborhood and property condition.
Studios more expensive per m², larger homes less costly
As is often the case in high-demand areas, the price per square meter decreases as the surface area increases. For all property types combined, early 2026 estimates give:
| Number of rooms (all types) | Average price per m² |
|---|---|
| Studio / 1 room | €6,163 |
| 2 rooms | €5,585 |
| 3 rooms | €5,040 |
| 4 rooms | €4,836 |
| 5 rooms | €4,668 |
| 6 rooms | €4,905 |
| 7 rooms and more | €4,190 |
The gap is even more pronounced when distinguishing old and new. In the new segment, a studio thus exceeds €6,400/m² on average, while a 4-room apartment averages around €4,850/m². In the old segment, a studio is just over €5,400/m², a 3-room apartment around €4,700/m².
Tip:
For an investor, the entry ticket for small units is high per m², but these properties remain highly sought after and easy to rent. Conversely, larger units offer a more affordable price per m², but attract a different tenant profile and carry higher risks of vacancy.
A highly contrasted price geography by neighborhood and street
Ivry-sur-Seine is divided into six main official sectors – Centre-Ville, Ivry-Port, Petit-Ivry, Louis Bertrand, Marat-Parmentier, Plateau-Monmousseau – plus finer sub-neighborhoods. Price differences between these zones can easily reach €1,500 to €2,000/m².
On a large scale, we observe, for example: global temperature fluctuations and glacier evolution.
| Neighborhood / Broad area | Average price per m² (approx.) |
|---|---|
| Center / Parmentier / Fort | €5,138 |
| Ivry-Port | €5,039 |
| Petit-Ivry / Pierre Curie | €5,423 |
| City center (east and west) | €4,940–€5,300 |
| Louis-Bertrand / Mirabeau | €5,400–€5,600 |
| Marat-Parmentier | €5,290 |
| Danton Est | €5,588 |
| Areas near tram and metro (Petit-Ivry…) | €5,450 and up |
Within these sectors, certain streets stand out clearly. Some examples of average values per m² recorded:
| Most expensive streets (examples) | Average price per m² |
|---|---|
| Avenue Maurice Thorez | €8,694 |
| Boulevard Hippolyte Marquès | €8,694 |
| Avenue Pierre Sémard (extreme case) | €12,150/m² |
| Rue Maurice Berteaux | €6,077 |
| Rue Pierre Moulié | €5,700 |
At the opposite end, some streets remain more affordable:
| Most affordable streets (examples) | Average price per m² |
|---|---|
| Avenue Jean Jaurès | €4,256 |
| Rue Moïse | €4,331 |
| Boulevard de Stalingrad | €4,334 |
| Avenue du Général Leclerc | €4,347 |
| Quai Henri Pourchasse | €4,377 |
This fine-grained geography is essential for an investor looking either to maximize yield (by favoring slightly discounted but well-served areas) or to target medium-term capital gains (by betting on streets set to directly benefit from major urban planning projects and new transport lines).
Ivry-Confluences, T Zen 5, Gagarine-Truillot: projects that change the game
The key argument for Ivry-sur-Seine within the Greater Paris framework is its urban projects. The most emblematic is Ivry Confluences, a vast development covering nearly 97.5 hectares – about 20% of the municipal territory – in the Ivry-Port area, on former industrial wasteland.
This project, led by the public development corporation Sadev 94, aims to create a genuine mixed-use piece of the city: approximately 6,500 homes by 2028 (40% social housing and 55% for homeownership or private rental), 50% of the space dedicated to economic activities, 10% to public facilities, two large parks, a network of schools, a junior high school for 600 students, a university hub, and a large stretch of developed riverbanks along the Seine.
Requalification of Ivry-Port
A major development project with a budget exceeding €900 million, aiming to create a new neighborhood.
Key figures
11,000 to 14,000 additional inhabitants and nearly 19,000 jobs generated in the long term.
Residence Start
288 homes, one of the first operations launched in the perimeter.
Waterfront developments
Approximately 500 homes by developers Valophis and Emerige.
Rives de Seine
Apartments from studios to 6-bedroom units, deliverable in 2026, integrated into a green neighborhood with hanging gardens and promoting biodiversity.
Other structuring operations accompany this transformation: the requalification of the Gagarine-Truillot housing project into an eco-neighborhood, with demolition-reconstruction and creation of sports and school facilities; the renovation of the RD5 axis, and the redevelopment of the former Sagep industrial halls, which are to host a textile recycling activity and a restaurant/events venue run by the Le Perchoir group.
Good to know:
The area is served by the future T Zen 5 electric bus, which will connect Ivry Confluences to the 13th arrondissement of Paris in about 30 minutes, with several stations planned. The network will be strengthened by the planned extension of Metro line 10.
For an investor, this means two things: a massive creation of housing supply, especially new homes, and a gradual improvement in accessibility, which drives rental demand and supports values over the medium to long term. Provided, of course, that you choose your program and location wisely within these new neighborhoods.
High rents and sustained demand
On the rental side, Ivry-sur-Seine is in the most high-demand zone in the country: the municipality is classified as Zone A bis, alongside Paris and the most sought-after neighboring towns. This regulation translates notably into rent caps for tax schemes like Pinel.
The various sources converge on a relatively high average rent level:
| Rental indicator (primary residence) | Approximate value |
|---|---|
| Average rent (all properties) | €24.6/m² / month |
| Average rent apartments | €24–27/m² / month |
| Average rent houses | €26–29/m² / month |
| Usual range | €19 to €29/m² / month |
Rents rose by just over 4% between 2022 and 2024, even as sale prices declined slightly, which mechanically improved yields. For Pinel investments, the rent is capped at €17.55/m², but this cap remains well below market rents, explaining why the gross yield of a Pinel investment is generally lower than in a standard rental.
Example:
A sample simulation illustrates the impact of rent caps under the Pinel scheme. For a 37 m² studio purchased for €200,000, a market rent of about €851 per month generates a gross yield close to 5.1%. In contrast, the rent capped by the Pinel scheme, approximately €649 per month, brings the gross yield down to around 3.9%. This shows that the main advantage of Pinel lies in the tax savings it provides, rather than a high immediate rental return.
Despite these constraints, demand dynamics are very strong, driven by several factors: the very high proportion of renters, the presence of many students (engineering schools EFRAI, EPITA, ESIEA, the odontology campus of Paris Descartes University, etc.), and the steady arrival of new households attracted by the proximity to Paris and the major employment hubs under development.
Attractive rental yields for Île-de-France
By combining purchase prices and rents, Ivry-sur-Seine offers gross yields above the national average (about 4.2%), with a range generally between 4.7% and just over 6%. Specialized studies consider that a “good” investment in Ivry corresponds to a gross yield of at least 5%, a net yield above 3.5%, and a “net-net” yield (after taxes and charges) above 2.5%.
Some simulations, based on slightly lower prices (around €4,350/m²) and rents of €900 to €1,600 depending on the size of the home, give, for example:
| Property type (example) | Average purchase price | Average monthly rent | Approximate gross yield |
|---|---|---|---|
| Studio (1 room) | €132,000 | €620 | ~5.6% |
| 2-room (T2) | €186,000 | €900 | ~5.8% |
| 3-room (T3, apt) | €258,000 | €1,400 | ~6.5% |
| 4-room (T4, apt) | €311,000 | €1,585 | ~6.1% |
These figures obviously vary depending on the neighborhood, property condition, level of renovation, building quality, and rental strategy (unfurnished or furnished). But they confirm a reality: for a town bordering Paris, gross yields remain competitive, especially compared to the inner arrondissements, where yields rarely exceed 3% gross in sought-after areas.
The example of a €200,000 budget is telling: in Ivry-sur-Seine, this amount allows you to acquire about 35 to 40 m² depending on the neighborhood, while the same budget would only finance a much smaller studio in Paris. The yield differential then plays out mainly on this surface/price ratio and the rent level per m².
Example of a real estate budget
A well-developed Airbnb market
Beyond standard rentals, Ivry-sur-Seine has a very active short-term rental market. In fall 2025, about 530–534 Airbnb listings were active in the municipality, nearly 86% of which were entire homes. Almost all listings are apartments, and more than half are studios or small 2-room units.
The main performance indicators are as follows:
| Airbnb indicator (2025) | Average value |
|---|---|
| Average annual revenue | €22,910 |
| Average occupancy rate | 67% |
| Average daily rate (ADR) | €95 |
| Median monthly revenue | ~$1,775 |
| Median occupancy rate | 43–46% |
| Share of 1–2 night stays | 61.2% |
Performance varies widely: the top 10% of hosts exceed €4,600 in monthly revenue, with occupancy rates near 90% and nightly rates that can exceed €250–270. Conversely, the bottom quarter earns no more than €900 per month, with an occupancy rate below 20%.
Attention:
The clientele is mostly domestic (more than one-third) and heavily represented by German and British travelers. Stays are predominantly short-term, offering great flexibility to hosts but also requiring more intensive management.
On the regulatory front, only about 1% of listings display a registration number, a sign of less strict oversight than in Paris proper, even though national regulations apply (town hall declaration, compliance with tax and safety rules, possible caps set by the metropolis). For an investor, it is essential to check local developments in the rules – political pressure on tourist rentals is gradually extending to the inner suburbs.
Which neighborhoods to target as a priority?
In a city undergoing transformation, not all sectors have the same risk/return profile. A few major trends emerge.
City center and Town Hall area
Around the terminus of Line 7, Ivry-sur-Seine’s city center concentrates shops, facilities (theaters, cinemas, media libraries), schools, and municipal services. The atmosphere is more “village,” with an urban fabric mixing modernist achievements (buildings by Jean Renaudie and Renée Gailhoustet), recent buildings, and 1960s–70s constructions.
Prices here are around €5,000/m², with a slightly higher average in the west than in the east. The Gagarine-Truillot sector, undergoing requalification, offers interesting potential: new residences are moving upmarket, and the creation of sports and school facilities should stabilize family demand. For an investor, this neighborhood is relevant for 2–3 room units aimed at long-term households, with stable rents and limited vacancy risk.
Ivry-Port and Ivry Confluences
This is the city’s major construction site. A former industrial zone along the Seine, Ivry-Port is being transformed: new constructions, arrival of businesses, creation of large parks and waterside esplanades. Prices here are slightly below the municipal average – around €4,700–€5,000/m² depending on the micro-sector – even though the quality of the urban environment will significantly improve.
Good to know:
In the short term, investing in off-plan (VEFA) in programs by established developers (Nexity, Linkcity, Emerige, etc.) is a relevant strategy. Although the price per square meter may be slightly higher than for old properties, the investor acquires a home that meets the latest energy standards. This makes it more resilient to future regulations (such as the gradual ban on renting energy-inefficient homes) and more attractive to demanding tenants (young professionals, families, co-living groups).
Petit-Ivry, Plateau-Monmousseau, Louis-Bertrand
To the north and east, the neighborhoods of Petit-Ivry, the Pierre-et-Marie-Curie housing project, Plateau, and Louis-Bertrand have changed a lot with the arrival of the tram and the renovation of many housing complexes. Prices here average between €5,400 and €5,600/m², but with significant variation depending on the street.
Good to know:
The Louis-Bertrand area, close to Paris, is popular for its strong rental potential for small units (studios/1-bedroom) suited to students and young professionals seeking affordable rents. The Plateau-Monmousseau and Petit-Ivry neighborhoods attract households looking, in the inner suburbs, for larger spaces than in Paris proper.
Marat-Parmentier, less well-served zones
Further south, the Marat-Parmentier sector shows prices around €5,300/m², but remains less well-connected by heavy rail: most travel relies on buses, even though the bike network is growing. These neighborhoods can offer good yields on well-targeted properties (multi-unit buildings, large homes subdivided for shared housing), but require careful analysis: tenant profiles, street reputation, building quality, and medium-term transformation potential.
Old, new, Pinel, LMNP: which strategies to favor?
Investing in Ivry-sur-Seine does not mean the same thing whether you bet on an old studio to renovate and furnish, a new 3-room unit under Pinel, or a high-end apartment for short-term rental. Each strategy has its advantages and constraints.
Old properties to renovate: discount at purchase and potential capital gains
With the recent price correction – especially in the old market – and the decline in the number of transactions, old properties with value-add potential are multiplying. An old apartment trades on average around €4,900/m², with possibilities lower (around €3,900–€4,000/m²) on some less popular streets or units requiring major work.
Renovation costs are fairly well-defined:
| Type of renovation | Estimated cost per m² |
|---|---|
| Simple makeover | from €240/m² |
| Light renovation | from €490/m² |
| Full renovation | from €860/m² |
| Major renovation | from €1,200/m² |
For a 70 m² 3-room unit, a makeover might cost as little as €15,000–€17,500, a light renovation around €25,000–€27,000, not counting any heavier energy performance work (window replacement, insulation, heating system).
Tip:
Acquiring an old property offers two main advantages. First, its price is generally lower than that of a new property. Second, it allows you to benefit from attractive tax schemes, such as the property deficit for unfurnished rentals or depreciation under the LMNP (non-professional furnished rental) regime for furnished rentals. Additionally, carrying out work on the property increases its asset value and the level of rent received.
New properties and Pinel schemes
In the ZACs of Ivry-Confluences or Petit-Ivry, many new developments offer a more “turnkey” alternative: no renovation, ten-year guarantees, high environmental standards, parking, and outdoor spaces. The price per m² is higher (often above €5,000/m², or even more depending on location and standing), but the investor can benefit from tax advantages such as the Pinel law, particularly attractive in Zone A bis.
21
Maximum percentage of tax reduction on the purchase price under the Pinel scheme.
Furnished rental and the LMNP status
With a predominantly rental housing stock, a strong student presence, and young workers, furnished rental (LMNP) is particularly relevant in Ivry-sur-Seine. Renting a furnished property generally allows you to increase the rent by 15 to 25% compared to an unfurnished lease, in exchange for more frequent turnover but sustained demand.
From a tax perspective, the real regime under LMNP allows depreciation of the property (excluding land) over 25–30 years and of furniture over 5–7 years, which can bring the taxable result to zero for many years, even when the actual cash flow is positive. In Ivry-sur-Seine, where gross yield often exceeds 5%, this optimization can turn a neutral or slightly loss-making investment into an asset that generates tax-free income over a long period.
Shared housing, coliving, short-term rentals: boosting profitability
In a young, dense, and well-connected town near Paris, intensive strategies like shared housing or coliving can significantly boost income:
Optimizing rental yield
Strategies to maximize income from a real estate investment by adapting the offer to market demand.
Shared housing in 4/5-room units
A well-designed shared apartment in a 4- or 5-room unit can generate 20 to 40% more rent compared to a standard family lease.
Coliving in new residences
Coliving residences integrated into some new projects capitalize on demand from mobile young professionals, with high rents offset by significant services and charges. Example: lot 4E in Ivry Confluences.
On the short-term rental / Airbnb segment, average performance (annual revenue around €23,000, occupancy rate of 67%, average nightly price of €95) shows that Ivry-sur-Seine is a credible alternative to Paris, especially for travelers wanting to stay close to the capital at a more reasonable cost, or for business trips in southeastern Paris. The downside: more intensive management, the need to stay informed about regulatory developments, and, in some cases, higher condo fees for buildings with heavy use.
Financing and ancillary costs: a key parameter
As everywhere in France, the investment equation in Ivry-sur-Seine depends heavily on financing conditions. After a rapid rise in interest rates between 2022 and 2023, projections for 2026 suggest fixed rates over 20 years between 3.8% and 4.2%. Banks typically finance 70 to 85% of the property value for a French resident, sometimes more if the profile is very strong, while non-residents often need to bring a 20 to 30% down payment, or even more.
Transaction costs must be included in the financing plan:
| Cost item (example: 70 m² 3-room at €395,000) | New (approx.) | Old (approx.) |
|---|---|---|
| Property price | €395,000 | €395,000 |
| Notary fees | ~€7,400 | ~€27,800 |
| Average annual property tax | ~€3,800 | ~€3,800 |
In the old market, notary fees are 6–8% of the price, versus 3–5% in new. Property tax in Ivry-sur-Seine is relatively high – around €3,800 on average – an element to factor into cash flow calculations. Add to that condo fees, averaging around €36/m²/year, i.e., €1,800 per year for a standard home, a bit more if the building has an elevator or significant shared amenities.
Good to know:
To assess the real profitability of a rental investment, you must think in terms of net-net income. This means deducting from the gross rent all charges (property tax, non-recoverable condo fees, insurance, management fees, maintenance) and simulating the tax impact according to the applicable regime (real, micro-foncier, LMNP, Pinel, etc.) to obtain the after-tax yield.
Advantages and risks to keep in mind
Investing in real estate in Ivry-sur-Seine presents a set of strong arguments:
Good to know:
Ivry-sur-Seine presents an attractive profile for real estate investment: its proximity to Paris (5 km) and expanding transport links, a young and predominantly renter population with high turnover, a tight rental market offering high rents and yields. Major urban projects (Ivry Confluences, Gagarine-Truillot) improve the supply and value of neighborhoods. After years of increases, a slight price decline represents an entry opportunity.
But some risks and points of attention should not be ignored:
Attention:
Several factors require special attention: the market, currently declining in volume and price, is primarily a yield market, not a short-term speculation play. Net profitability is sensitive to property tax and charges, requiring tax optimization. Location choice is crucial due to strong disparities between neighborhoods, impacting tenant turnover and property value. Energy regulations (DPE F/G) may impose costly work (€20,000 to €40,000) on old properties. Finally, a future extension of rent control to the inner suburbs, as in Paris, is possible.
In summary, the Ivry market is very favorable for long-term rental investment strategies, provided you combine a careful selection of properties, management of regulatory risks (DPE, Airbnb, rent caps), and appropriate tax optimization (LMNP, property deficit, possible Pinel schemes on well-positioned new builds).
Conclusion: a territory to favor for a “Greater Paris” investment
Ivry-sur-Seine ticks most of the boxes sought by real estate investors in 2026: immediately adjacent to Paris, good accessibility, a substantial employment base, universities and schools, a young population, a massive share of renters, major urban projects, and a market that is stabilizing after an upward phase. Within the framework of Greater Paris, the municipality plays a pivotal role southeast of the capital, between the 13th arrondissement, Villejuif, and Vitry-sur-Seine.
5-6
Gross rental yields in Ivry-sur-Seine generally range between 5 and 6%.
The key to success lies in the ability to combine three dimensions: micro-location, financial/tax structuring, and anticipating major trends (energy, transport, rent regulation). By combining these three levers, Ivry-sur-Seine can establish itself as one of the best yield/risk compromises in the first ring of Paris for the next ten to fifteen years.