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Property investment in Lyon, FR

2026 Market Data & Investment Analysis

Gross Yield

3.6%

Annual rent / price

Median Home Price

€330,000

As of 2025-01

Median Monthly Rent

€1,000

Per month

Population

522,228

+0.6% / yr (5y avg)

Estimates based on median market data. Actual returns depend on your specific property. Source: DVF / Notaires de France, 2025-01.

Calculate your rental yield in Lyon

Pre-filled with Lyon's median values. Adjust to match your specific property.

Property Details

Total acquisition cost before taxes

HOA, insurance, property management

%

% of time the property is empty

%

% of purchase price (e.g. 2% = 2)

% of price

Rule of thumb: 1% of purchase price/yr

Results

Gross Rental Yield

3.64%

Net Rental Yield

1.73%

Cap Rate

1.73%

Monthly Cash Flow

€475.00

Annual Cash Flow

€5,700.00

> 6% — Excellent4–6% — Good< 4% — Low

Lyon rental market at a glance

Median Home Price — 5-Year Trend

2020
€4,500
2021
€4,800
2022
€5,100
2023
€5,200
2024
€5,150
2025
€5,077

Median Monthly Rent — 5-Year Trend

2020
€14
2021
€14
2022
€15
2023
€15
2024
€15
2025
€15

While Lyon's rental yields of 3.6% are below average, investors may benefit from strong long-term appreciation potential in this market.

Modest population growth of 0.6% per year indicates a stable but slowly growing rental market.

The vacancy rate of 4.1% is healthy, indicating strong rental demand and limited downtime between tenants.

What type of investment market is Lyon?

Challenging Market

Lyon presents challenges with both modest rental yields and limited population growth. Investors need to carefully analyze specific neighborhoods and property types to find opportunities that outperform the market average.

Strengths

  • Lower entry prices may reduce downside risk
  • Select neighborhoods and value-add properties can outperform the average

! Risks

  • Below-average gross yield of 3.6% limits income potential
  • Limited population growth reduces long-term rental demand
  • Higher due diligence required to identify strong-performing assets

Key Metrics

Gross Yield3.6%
Median Home Price€330,000
Median Monthly Rent€1,000
Population Growth+0.6% / yr
Vacancy Rate4.1%

How does Lyon compare to nearby cities?

Lyon vs Villeurbanne: 0.7 percentage point difference in gross yield.

CityMedian PriceMedian RentGross YieldPop. Growth
Villeurbanne€254,000€9004.3%+0.7%
Grenoble€189,000€7804.9%+0.3%
Saint-Étienne€110,000€5205.7%-0.5%

Common questions about investing in Lyon

Is rental investing profitable in Lyon?
Lyon's gross rental yield of 3.6% is below average, meaning rental income alone may not deliver strong returns at median prices. Investors here typically rely more on price appreciation. Careful property selection below the median price is key to profitability.
What is the average rental yield in Lyon?
The average gross rental yield in Lyon is approximately 3.6%, based on a median home price of €330,000 and median monthly rent of €1,000 (as of 2025-01). Net yield, which accounts for vacancy, expenses, and maintenance, is typically 2–3 percentage points lower.
How does Lyon compare to Villeurbanne for investors?
Lyon has a gross yield of 3.6% compared to 4.3% in Villeurbanne, a difference of 0.7 percentage points. Villeurbanne offers higher current yield. Lyon may compensate through other market characteristics.

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