Informations Rapides ·
18 June 2024 · n° 149
Between January and April 2024, rents increased by 0.4% Housing rent indices - April 2024
In metropolitan France, rents (excluding charges) for principal residences (rented empty) increased by 0.4% between January and April 2024, after +1.5% between October 2023 and January 2024.
Over one year, rents rose by 2.4% in April 2024 (after +2.3% in January 2024). They increased by 1.9% in the private sector and by 3.4% in the social sector.
In metropolitan France, rents (excluding charges) for principal residences (rented empty) increased by 0.4% between January and April 2024, after +1.5% between October 2023 and January 2024.
Over one year, rents rose by 2.4% in April 2024 (after +2.3% in January 2024). They increased by 1.9% in the private sector and by 3.4% in the social sector.
tableauAnnual variation in rents by sector
| Total | Private sector (incl. 1948 law) | Social sector | |
|---|---|---|---|
| 2024-Q1 | 2.4 | 1.9 | 3.4 |
| 2023-Q4 | 2.3 | 1.8 | 3.2 |
| 2023-Q3 | 2.2 | 1.6 | 3.3 |
| 2023-Q2 | 2.2 | 1.6 | 3.6 |
| 2023-Q1 | 2.2 | 1.5 | 3.6 |
| 2022-Q4 | 2.0 | 1.3 | 3.5 |
| 2022-Q3 | 1.0 | 1.0 | 1.0 |
| 2022-Q2 | 0.6 | 0.7 | 0.2 |
| 2022-Q1 | 0.5 | 0.6 | 0.5 |
| 2021-Q4 | 0.4 | 0.5 | 0.0 |
| 2021-Q3 | 0.7 | 0.5 | 1.2 |
| 2021-Q2 | 1.1 | 0.6 | 2.0 |
| 2021-Q1 | 1.0 | 0.6 | 1.7 |
| 2020-Q4 | 0.9 | 0.6 | 1.7 |
| 2020-Q3 | 0.3 | 0.7 | -0.6 |
| 2020-Q2 | 0.3 | 0.7 | -0.7 |
| 2020-Q1 | 0.3 | 0.8 | -0.6 |
| 2019-Q4 | 0.5 | 1.0 | -0.4 |
| 2019-Q3 | 1.1 | 0.9 | 1.3 |
| 2019-Q2 | 1.1 | 0.9 | 1.4 |
| 2019-Q1 | -0.3 | 0.9 | -2.8 |
| 2018-Q4 | -0.3 | 0.7 | -2.5 |
| 2018-Q3 | -0.7 | 0.6 | -3.5 |
| 2018-Q2 | -0.8 | 0.5 | -3.4 |
| 2018-Q1 | 0.5 | 0.4 | 0.6 |
| 2017-Q4 | 0.4 | 0.4 | 0.5 |
| 2017-Q3 | 0.2 | 0.2 | 0.1 |
| 2017-Q2 | 0.2 | 0.2 | 0.1 |
| 2017-Q1 | 0.2 | 0.2 | 0.2 |
| 2016-Q4 | 0.2 | 0.2 | 0.3 |
| 2016-Q3 | 0.3 | 0.2 | 0.5 |
| 2016-Q2 | 0.2 | 0.2 | 0.1 |
| 2016-Q1 | 0.3 | 0.2 | 0.4 |
| 2015-Q4 | 0.3 | 0.2 | 0.4 |
| 2015-Q3 | 0.4 | 0.4 | 0.5 |
| 2015-Q2 | 0.7 | 0.6 | 0.9 |
| 2015-Q1 | 0.7 | 0.7 | 0.6 |
| 2014-Q4 | 0.7 | 0.7 | 0.7 |
| 2014-Q3 | 1.1 | 0.9 | 1.4 |
| 2014-Q2 | 0.9 | 0.8 | 1.2 |
| 2014-Q1 | 1.1 | 1.0 | 1.4 |
| 2013-Q4 | 1.2 | 1.0 | 1.3 |
| 2013-Q3 | 1.4 | 1.1 | 2.1 |
| 2013-Q2 | 1.6 | 1.4 | 2.1 |
| 2013-Q1 | 1.5 | 1.3 | 2.0 |
| 2012-Q4 | 1.7 | 1.6 | 1.9 |
| 2012-Q3 | 1.7 | 1.8 | 1.7 |
| 2012-Q2 | 1.7 | 1.7 | 1.8 |
| 2012-Q1 | 1.5 | 1.4 | 1.8 |
| 2011-Q4 | 1.3 | 1.1 | 1.8 |
| 2011-Q3 | 0.9 | 0.8 | 1.0 |
| 2011-Q2 | 0.8 | 0.7 | 0.9 |
| 2011-Q1 | 0.9 | 0.8 | 1.1 |
| 2010-Q4 | 1.1 | 1.0 | 1.3 |
| 2010-Q3 | 1.3 | 1.2 | 1.6 |
| 2010-Q2 | 1.4 | 1.2 | 1.7 |
| 2010-Q1 | 1.7 | 1.5 | 2.3 |
- How to read: for a year N, the year-on-year change in Q1 corresponds to the change between the April N-1 index and the April N index, the Q2 point to the change between the July N-1 index and the July N index, the Q3 point to the change between the October N-1 index and the October N index and the Q4 point to the change between the January N index and the January N+1 index.
- Note: the sharp decline in rents in the social sector in the Q2 2018 is linked to the implementation of the “réduction de loyer de solidarité” (RLS), concomitant with the decrease in APL for social sector tenants.
graphiqueAnnual variation in rents by sector
- How to read: for a year N, the year-on-year change in Q1 corresponds to the change between the April N-1 index and the April N index, the Q2 point to the change between the July N-1 index and the July N index, the Q3 point to the change between the October N-1 index and the October N index and the Q4 point to the change between the January N index and the January N+1 index.
- Note: the sharp decline in rents in the social sector in the Q2 2018 is linked to the implementation of the “réduction de loyer de solidarité” (RLS), concomitant with the decrease in APL for social sector tenants.
- Scope: metropolitan France
- Sources: INSEE, Rents and Charges survey and survey on the rents of the social sector
tableauVariation in rents
| Change in ( %) | ||||||
|---|---|---|---|---|---|---|
| 3 months | 12 months | |||||
| 2023 October | 2024 January | 2024 April | 2023 October | 2024 January | 2024 April | |
| All sectors | 0.2 | 1.5 | 0.4 | 2.2 | 2.3 | 2.4 |
| - Paris conurbation | 0.1 | 1.6 | 0.4 | 2.3 | 2.3 | 2.3 |
| - Rest of metropolitan France | 0.2 | 1.5 | 0.4 | 2.2 | 2.3 | 2.4 |
| Private sector (including 1948 law) | 0.4 | 0.6 | 0.5 | 1.6 | 1.8 | 1.9 |
| - Paris conurbation | 0.5 | 0.5 | 0.3 | 1.9 | 1.9 | 1.8 |
| - Rest of metropolitan France | 0.4 | 0.6 | 0.5 | 1.6 | 1.8 | 1.9 |
| Social sector | -0.3 | 3.3 | 0.3 | 3.3 | 3.2 | 3.4 |
| - Paris conurbation | -0.5 | 3.0 | 0.5 | 3.0 | 2.9 | 3.0 |
| - Rest of metropolitan France | -0.2 | 3.4 | 0.3 | 3.5 | 3.3 | 3.6 |
- Scope: metropolitan France
- Sources: INSEE, Rents and Charges survey and survey on the rents of the social sector
tableauRent index
| Total | Private sector (incl. 1948 law) | Social sector | |
|---|---|---|---|
| 2024-Q1 | 106.7 | 105.7 | 108.6 |
| 2023-Q4 | 106.3 | 105.3 | 108.3 |
| 2023-Q3 | 104.7 | 104.7 | 104.8 |
| 2023-Q2 | 104.5 | 104.2 | 105.1 |
| 2023-Q1 | 104.2 | 103.8 | 105.0 |
| 2022-Q4 | 103.9 | 103.4 | 104.9 |
| 2022-Q3 | 102.5 | 103.0 | 101.5 |
| 2022-Q2 | 102.2 | 102.6 | 101.5 |
| 2022-Q1 | 102.0 | 102.3 | 101.4 |
| 2021-Q4 | 101.8 | 102.1 | 101.3 |
| 2021-Q3 | 101.4 | 101.9 | 100.4 |
| 2021-Q2 | 101.7 | 101.9 | 101.2 |
| 2021-Q1 | 101.5 | 101.7 | 100.9 |
| 2020-Q4 | 101.5 | 101.5 | 101.3 |
| 2020-Q3 | 100.7 | 101.4 | 99.2 |
| 2020-Q2 | 100.6 | 101.2 | 99.2 |
| 2020-Q1 | 100.5 | 101.1 | 99.2 |
| 2019-Q4 | 100.5 | 101.0 | 99.6 |
| 2019-Q3 | 100.4 | 100.7 | 99.8 |
| 2019-Q2 | 100.3 | 100.5 | 99.9 |
| 2019-Q1 | 100.2 | 100.3 | 99.9 |
| 2018-Q4 | 100.0 | 100.0 | 100.0 |
| 2018-Q3 | 99.4 | 99.8 | 98.5 |
| 2018-Q2 | 99.2 | 99.5 | 98.6 |
| 2018-Q1 | 100.5 | 99.4 | 102.7 |
| 2017-Q4 | 100.3 | 99.3 | 102.5 |
| 2017-Q3 | 100.1 | 99.2 | 102.1 |
| 2017-Q2 | 100.0 | 99.1 | 102.1 |
| 2017-Q1 | 100.0 | 99.0 | 102.1 |
| 2016-Q4 | 99.9 | 98.9 | 102.0 |
| 2016-Q3 | 99.9 | 98.9 | 102.0 |
| 2016-Q2 | 99.9 | 98.9 | 101.9 |
| 2016-Q1 | 99.8 | 98.8 | 101.9 |
| 2015-Q4 | 99.7 | 98.7 | 101.7 |
| 2015-Q3 | 99.6 | 98.7 | 101.5 |
| 2015-Q2 | 99.7 | 98.7 | 101.8 |
| 2015-Q1 | 99.6 | 98.7 | 101.5 |
| 2014-Q4 | 99.4 | 98.5 | 101.3 |
| 2014-Q3 | 99.2 | 98.3 | 101.0 |
| 2014-Q2 | 99.0 | 98.1 | 100.9 |
| 2014-Q1 | 98.9 | 97.9 | 100.9 |
| 2013-Q4 | 98.7 | 97.8 | 100.7 |
| 2013-Q3 | 98.2 | 97.5 | 99.6 |
| 2013-Q2 | 98.1 | 97.4 | 99.7 |
| 2013-Q1 | 97.8 | 97.0 | 99.5 |
| 2012-Q4 | 97.6 | 96.8 | 99.4 |
| 2012-Q3 | 96.8 | 96.5 | 97.6 |
| 2012-Q2 | 96.5 | 96.0 | 97.6 |
| 2012-Q1 | 96.3 | 95.7 | 97.5 |
| 2011-Q4 | 96.0 | 95.3 | 97.5 |
| 2011-Q3 | 95.2 | 94.8 | 95.9 |
| 2011-Q2 | 94.9 | 94.5 | 95.9 |
| 2011-Q1 | 94.9 | 94.4 | 95.8 |
| 2010-Q4 | 94.7 | 94.3 | 95.8 |
| 2010-Q3 | 94.4 | 94.1 | 95.0 |
| 2010-Q2 | 94.2 | 93.8 | 95.0 |
| 2010-Q1 | 94.0 | 93.6 | 94.8 |
- How to read: for a year N, the Q1 point corresponds to the April N rent index, the Q2 point to the July N index, the Q3 point to the October N index and the Q4 point to the January N+1 index.
- Note: the sharp decline in rents in the social sector in the Q2 2018 is linked to the implementation of the “réduction de loyer de solidarité” (RLS), concomitant with the decrease in APL for social sector tenants.
graphiqueRent index
- How to read: for a year N, the Q1 point corresponds to the April N rent index, the Q2 point to the July N index, the Q3 point to the October N index and the Q4 point to the January N+1 index.
- Note: the sharp decline in rents in the social sector in the Q2 2018 is linked to the implementation of the “réduction de loyer de solidarité” (RLS), concomitant with the decrease in APL for social sector tenants.
- Scope: metropolitan France
- Sources: INSEE, Rents and Charges survey and survey on the rents of the social sector
For further information
The data are calculated from the results of the Rents and charges survey and the survey on the rents of the social sector (ELBS). Rents exclude charges and the field covers all principal residences, rented empty, whose main use is habitation. The index is calculated according to the Laspeyres formula applied to rents per square metre. Variation at a constant quality is measured by comparing the rents observed in the M-month (January, April, July or October) to the rents observed in the M-3-month. These indices are then chained.
Thus this index reflects the changes in rents actually recorded. So it differs from the Housing Rent Reference Index (RRI), which is the reference for the revision of rents during the lease term in the private rental stock. While the real change in rents is correlated with the evolution of the RRI, the two indices are not identical.
Next publication: 17 September 2024 at 12:00.
Pour en savoir plus
The data are calculated from the results of the Rents and charges survey and the survey on the rents of the social sector (ELBS). Rents exclude charges and the field covers all principal residences, rented empty, whose main use is habitation. The index is calculated according to the Laspeyres formula applied to rents per square metre. Variation at a constant quality is measured by comparing the rents observed in the M-month (January, April, July or October) to the rents observed in the M-3-month. These indices are then chained.
Thus this index reflects the changes in rents actually recorded. So it differs from the Housing Rent Reference Index (RRI), which is the reference for the revision of rents during the lease term in the private rental stock. While the real change in rents is correlated with the evolution of the RRI, the two indices are not identical.
Next publication: 17 September 2024 at 12:00.
Informations Rapides: The Housing Rent Reference Index