At first, we were surprised why some of our international clients would want to buy their pied-à-terre in a residential neighborhood like the 17th arrondissement, a bit further away from the center of Paris. But while searching for them, we quickly (re)discovered the charm of the area. The village-like, traditional feel with the Marché des Ternes and rue Poncelet street market, the beauty of the grand turn-of-the-century constructions, and the calmness of the neighborhood—it all made perfect sense. (Watch our YouTube video where we describe how we found a stunning apartment for one of our US clients in the 17th district).
Why the 17th Arrondissement is Gaining In Popularity
The 17th arrondissement offers a diverse range of neighborhoods that appeal to various types of buyers. Here's why it’s becoming a highly attractive district for property seekers:
• Green Spaces: With beautiful parks such as Parc Monceau and the newer Martin Luther King Park, the area is a huge draw for families and those seeking a more relaxed, outdoor lifestyle.
• Great Transport Links: Well-connected with multiple metro lines and proximity to major hubs like Porte Maillot and Etoile, the 17th is ideal for commuters and those looking for easy access to central Paris.
• Local Lifestyle: The growing selection of trendy cafes, restaurants, and boutiques gives the 17th a vibrant community feel, while it maintains a quieter, more residential vibe compared to busier districts.
• More Space for Less: Buyers can get more space for their money compared to the more central areas. This added value is especially appealing as buyers look for larger homes without overextending their budgets.
• Diverse Neighborhoods: The 17th arrondissement offers a blend of village-like charm in Batignolles and Épinettes and upscale, residential spots like Ternes and Monceau, catering to different preferences and lifestyles.
Two worlds in one district
Home to grand apartment buildings and some of the best schools in Paris, the enclaves of Ternes and Monceau are where affluent and influential Parisian families live la belle vie. This district lies on the southern side of the 17th arrondissement, on the right bank of the River Seine, just north of the Arc de Triomphe. Bordered by Avenue des Ternes to the west, Boulevard Pereire to the north, Avenue de Villiers to the east, and Boulevard de Courcelles to the south, it’s an ideal area for those seeking an elegant Parisian lifestyle.
To the north, lies the hip Batignolles district and the most affordable of the four quarters, emerging Épinettes. Here, you’ll find residential streets lined with both Haussmann-style and modern architecture, low-key cafes, Neo-bistros known for their innovative French cuisine, and a mix of shops. Batignolles and Épinettes are becoming a dream location for young business owners and startups looking for a vibrant, creative environment.
Property Prices in the 17th Arrondissement
If you're looking to buy a property in the 17th district, expect some variation in prices depending on the neighborhood. In Épinettes, you can find more affordable options, with prices around 11,490 €/sqm, reflecting a 3.1% increase over the past quarter. In the trendy Batignolles area, properties are priced higher, averaging 12,816 €/sqm, although the price growth has been steadier with just a 1% rise in the past quarter.
However, the more upscale neighborhoods of Monceau and Ternes offer some of the grandest homes in the arrondissement, with prices hovering around 13,900 €/sqm. These areas saw price increases of 2.1% and 3.2% over the last quarter and an impressive 4.2% over the past year. It’s worth noting that these figures represent average prices—exceptional properties can command 20% or more above these averages.
Featured Properties: Your Opportunity in the 17th
With the increased demand for homes in this growing arrondissement, now is an ideal time to explore what’s available. At 56Paris, we're excited to feature two fantastic properties that offer a glimpse into the quality of life in the 17th:
Classic Right Bank Paris Apartment - Near Marché des Ternes
This classic Parisian apartment offers a touch of traditional elegance combined with modern comfort. Located near the vibrant Marché des Ternes, it features 1 bedroom, 1 bathrooms, and sits on the 1st floor of a beautiful period building. Fully renovated, with excellent natural light, and charming architectural details, it’s perfect for families or anyone looking for a quintessential Parisian home in a peaceful yet lively area.
Top Floor Apartment Near Parc Monceau
For those who love green spaces, this top-floor 3-bedroom apartment with AC and balcony is located just two minutes away from the famous Parc Monceau. It offers large windows that fill the space with natural light and an elegant layout that combines Parisian style with comfort. This residence is ideal for anyone seeking a serene living environment with easy access to one of the city's most beautiful parks.
Why Now is the Time to Buy in the 17th
The 17th arrondissement’s growing popularity is clear. We've seen an uptick in demand from both buyers and sellers, with increased inquiries and more requests for property estimates. With its blend of diverse neighborhoods, open spaces, strong transport links, and a more affordable price tag compared to central areas, the 17th is the ideal place for those looking for a little more space without compromising on lifestyle.
Whether you're searching for a primary residence or an investment opportunity, the 17th arrondissement offers plenty of promise—and these two properties represent the best of what this thriving district has to offer.
Curious to know more about this neighborhood or one of the properties we currently list? Just drop us a line. We are here to help you navigate the market and make your real estate project a success.
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