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This neighboring town of Paris is the cheapest place to buy a house

undefined undefined 25 juillet 2025 undefined 08h30

The Editor

© Unsplash - Maurice Sahl

Less than 15 kilometers from the center of Paris, Drancy stands out as a smart choice for becoming a homeowner without breaking the bank. With a price per square meter well below the Parisian average, this charming, peaceful town is attracting more and more first-time buyers every day. 

Although the real estate trend is leaning towards stabilization in Paris, especially thanks to the drop in borrowing rates, we can all agree that owning a property in the capital remains a privilege reserved for a lucky few. According to the latest market analysis from the Notaires of Greater Paris published in February 2025, the average price per square meter in Paris reaches around €9,500 (ranging from €7,683 to €15,091 depending on the district). To hope to buy a 40 m2 apartment, one would need an approximate annual gross salary of €97,490 (compared to €100,000 in 2023).

This reality is leading more and more Parisians to move to the suburbs to become homeowners while staying close to the capital. This article is for them: here’s a community that might interest you!

which seems to tick all the boxes for the most fearless buyers, under the name of Drancy. The city indeed takes the top spot in the ranking of the 10 cheapest cities in Île-de-France, established by Netinvestissement, a go-to platform for wealth management.


Drancy, the champion of low prices for becoming a homeowner

With an average price of 3,140€ per square meter for an apartment and 3,251€ for a house, Drancy proudly stands at the top of the podium for cities where buying seems most accessible in Île-de-France. Far from Parisian prices, the city allows first-time buyers and modest families to make their property dreams come true without leaving the small crown. In just one year, sales prices even dropped by 3.2%, confirming a favorable trend for buyers, while over five years, they have remained almost stable (-1%). However, this attractiveness doesn't translate to the rental market: with an average rent of 19.3€ per m2, Drancy ranks 6th regionally for rentals, proof of strong demand.


An ideal living environment

Far from being a si .Affordable and economical alternative to Paris, Drancy also charms with its quality of life. Well connected by the RER B and soon to be enhanced by lines 15 and 16 of the Grand Paris Express, it provides quick access to the capital while maintaining a friendly atmosphere. The city mixes urban dynamism, with its shops, markets and public facilities, and breathing spaces thanks to pedestrian streets, bike paths, and the Ladoucette Park, a true green lung. Its iconic neighborhoods like Paris Campagne, Vieux Drancy, and La Muette each offer their own unique identity. Finally, with a young population (average age: 37 years) and a local life marked by cultural events and exhibitions, Drancy showcases the face of a vibrant city, where it’s great to settle down.