France · Europe · Population: 520,000
Lyon is moderately affordable compared to major global cities, with steady growth in property values. The city has moderate rental prices. At $350,000 average home price in France, buyers should consider the 8.5x price-to-income ratio when planning a purchase.
| Average Home Price | $350,000 |
| Price per sqm | $5,200 |
| Price-to-Income Ratio | 8.5x |
| Mortgage Rate | 3.8% |
| 1-Year Price Change | +2.8% |
| 1-Bedroom Apartment | $900/mo |
| 3-Bedroom Apartment | $1,500/mo |
| Rent-to-Income Ratio | 22% |
| Median Household Income | $41,000/year |
| Years to Buy (at median income) | 8.5 years |
| Local Currency | EUR |
With a price-to-income ratio of 8.5x, Lyon requires significant savings to purchase property. At a mortgage rate of 3.8%, monthly payments could consume a large share of income. Home prices have increased 2.8% in the past year.
Cities worldwide with home prices closest to Lyon
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