[OC] Relation between the square meter price of an apartment and distance from Notre Dame de Paris in Paris and Ile-de-France
Submitted by sudu1988 t3_122jmpa in dataisbeautiful
Why is a 4-7 room apartment cheaper than a 1 room? Does 4-7 room mean it’s like communal living like a student dorm?
It's not the price of the apartment but the square meter price. A double berdroom apartment is more expensive than a single bedroom but the square meter won't be. For example. Single bedroom 50m2 500€. Goes at 10€/m2. A four bedroom aparment 150m2 1200€. That's 8€/m2. More expensive in total cheaper in €/m2
Ahhh, thank you! I read "per square meter" but my pre-coffee brain didn't process it. That makes total sense.
4-7 rooms means that these are offered apartments, which have between 4 and 7 rooms. It's up to you if you can afford and live alone or share it with other people. I do believe that 1-bed apartments are most expensive per square meter because 1) there is the highest demand (to use them within the week and go back to family on weekends), and 2) because you have fixed costs (council tax, ...) included, which are scaled by less square size. In France everything except gas and electricity is included already into the rent.
Its not a French thing, its an apartment thing. Its cheaper in the US to have a larger apartment and have a roommate then get a one bedroom on your own.
1 room apartments are popular among students here in Paris, because the overall rental price is still much cheaper than a 2-3 room apartment. Since demand is high for cheaper rents, it explains in part why the price per unit (m²) is higher for smaller apartments. I'd also add that i think there is relatively less student housing (exclusively for students) in central Paris than other European cities (my own impression, I haven't checked the numbers.)
Square Meter Price. It’s logical, that it decreases a bit
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