Paris 2nd arrondissement · Passages & Sentier

Real estate in Paris 2nd arrondissement in 2026

The smallest arrondissement in Paris, the 2nd concentrates 19th-century covered passages and the energy of the tech Sentier. Between Montorgueil and the Bourse, one of the best value-for-money ratios in central Paris. A rare architectural heritage, a rental market under extreme tension.

11 326 €Median price DVF H1 2026
19 847Inhabitants
14 570 €Top 10% (premium)
01

Historic covered passages

From the Vivienne and Panoramas galleries to the tech streets of Sentier, the 2nd perpetuates a unique architectural heritage. Listed as historic monuments, these passages are exceptionally rare heritage assets.

02

Record rental tension

At the crossroads of the tech Sentier and the historic Bourse, the 2nd records very high rental tension. Demand from young professionals and tech profiles structurally exceeds available supply.

03

Liquidité internationale

The 2nd arrondissement of Paris posts a DVF median of €11,326/sqm in the first half of 2026 (192 sales), up 1.9% year on year. METROREALTY average time to sell: 82 days.

Real estate market

Le 2nd en chiffres

An ultra-exclusive market, structurally constrained and sustained by permanent international demand.

11 326 €/sqm
Median price H1 2026 (DVF)
14 570 €/sqm
Top 10% (premium)
+1.9 %
DVF median, H1 2025 → H1 2026

Sources : DRIHL 2025 (rent cap) · DVF DGFiP H1 2026 (median price and volumes; raw file of 12 October 2026, provisional)

The DVF figures for the first half of 2026 are provisional: raw DGFiP file of 12 October 2026 (the administration adds sales at each release). Over the whole of 2025, the median in the 2nd was €11,180/m² across 368 sales (DGFiP files). Detail by district on the valuation page.

Historical evolution

Median price per sqm since 2014

H1 2014 €9,590
H1 2026 €11,326
Since H1 2014 +18.1%

Quarterly median of DVF apartment sales (raw DGFiP files) · 50 quarters · January 2014 – June 2026 · from July 2021 onwards, the same points as data.metrorealty.fr. The change shown above compares the first half of 2014 with the first half of 2026 (sales of both quarters pooled), so that the same season is compared. A median of actual sales is not adjusted for the mix of properties sold: it moves more from one quarter to the next than an index.

The 2nd arrondissement posts a median price of €11,326/sqm in the first half of 2026 (DVF, DGFiP), ranging from 7,903 to €14,570/sqm across 192 transactions.

With a DVF median of €11,180/sqm over the whole of 2025 (368 sales), the 2nd arrondissement has a clearly defined market profile. Buyers find a specific combination of heritage, quality of life and accessibility.

Energy performance

Dwellings DPE
du 2nd arrondissement

8 523 energy diagnostics issued for apartments since July 2021. La classe DPE weighted average s'établit à E.

8 523
DPE issued
since July 2021
E
Average class
weighted average
55 %
Above E
4 688 dwellings (A to D)
20 %
Below E
1 683 dwellings (F-G)
DPE class distribution — apartments ADEME scale : from cold (A) to hot (G)
A0.1 % B0.9 % C18.5 % D35.5 % E25.2 % F10.7 % G9.0 %
← Low consumption High consumption / energy sieve →

Source: ADEME — DPE Dwellings existants (since July 2021) · filtre type_batiment=appartement, code_postal_ban=75002.

Go further — prices by street, by address and by quarter: Paris 2e arrondissement on data.metrorealty.fr.

History

The compendium
of merchant Paris

The smallest arrondissement of Paris by surface, the 2nd is a concentrate of merchant history and urban innovation. Its 19th-century covered passages — Vivienne, Panoramas, Choiseul — are among the finest in Europe, and the Sentier quarter has reinvented itself as France's tech and start-up capital. Living here means inhabiting a city within the city, where mosaic-floored galleries and Haussmannian boulevards meet the creative energy of a new generation of entrepreneurs and chefs.

Bourse de Paris (Palais Brongniart) — Paris 2nd arrondissement
Quality of life

Neighbourhood life
and contemporary tech

Life in the 2nd combines the charm of a human-scale neighbourhood with the buzz of an area in full transformation. Rue Montorgueil, one of Paris's liveliest pedestrian streets, brings together cheesemongers, bakers and fine grocers in a permanent quality market. On weekday evenings, the terraces of the Sentier and the restaurants of rue du Mail create a gentle animation shared between residents and young professionals.

The 2nd enjoys outstanding accessibility (metro lines 3, 4, 8, 9 and RER A within walking distance) and a dense fabric of local services. Its covered passages, classified as historical monuments, offer sheltered walks unique in Paris — a daily luxury that residents come to consider quite ordinary, until a visitor reminds them how exceptional it really is.

Rue Montorgueil — Paris 2nd arrondissement
Did you know?

Trois anecdotes
du 2nd arrondissement

— Anecdote 01

Opened in 1800, the Passage des Panoramas was one of the first places in Paris to be lit by gas in 1816 — a novelty that drew crowds and revolutionised Parisian nightlife, until then ended at sunset by darkened streets.

— Anecdote 02

The Paris Bourse, now repurposed as an events venue, was the stage of a legendary scene in 1882: the crash of the Union Générale ruined thousands of provincial savers within hours — an episode Émile Zola later turned into his novel L'Argent.

— Anecdote 03

The Sentier owes its nickname “Silicon Sentier” to a handful of pioneering start-ups that moved into its converted ateliers in the early 2000s — a transformation that anticipated the Parisian co-working revolution by a full decade.

Our view
The 2nd has a rare gift for combining history and contemporary life without apparent effort. In the galleries Vivienne and Colbert, time stretches at the rhythm of footsteps over old mosaic floors — a journey through Paris that residents take again and again without ever tiring of it. A few alleys away, the Sentier reinvents an idea of the city every morning, with the quiet ambition shared by creators and entrepreneurs of every generation.
— METROREALTY · 22 years of expertise in Paris
Cartography

Les quatre
sous-quartiers du 2nd

Each sector of the 2nd has its identity, atmosphere and property typology. Click the map or cards to view their boundaries.

Interactive map Hover a district
Gaillon Vivienne Mail Bonne-Nouvelle
District 01 Heritage

Gaillon

Gaillon, between avenue de l'Opéra and place Gaillon, is the smartest part of the 2nd, with immaculate Haussmann buildings and fine-dining restaurants. Upper-floor apartments, often with running balconies over the wide avenues, appeal to senior executives and to the professions.

District 02 Lively

Vivienne

Vivienne belongs to bibliophiles, collectors and lovers of curiosities: the arcade of the same name, the Richelieu site of the Bibliothèque nationale and the antique dealers of rue de Richelieu give it an atmosphere found nowhere else in Paris. Homes here are scarce, and sought after by cultivated buyers with a taste for permanence.

District 03 Secret

Mail

Mail, around rue du Mail and place des Victoires, is one of the quietest and most beautiful corners of the 2nd — a well-kept secret a few steps from the bustle of the Grands Boulevards. Its eighteenth-century façades, inner courtyards and human-scale buildings make it a favourite with families looking for a genuinely residential setting.

District 04 Luxury

Bonne-Nouvelle

Bonne-Nouvelle comes alive in the evening along the Grands Boulevards, with its cinemas, theatres and restaurants from every corner of the world. The quarter has changed fast since digital companies moved into the neighbouring Sentier, drawing a young international crowd that has renewed the shops and the bistros.

Heritage

Lieux emblématiques

Bourse de Paris

Palais Brongniart (1826), former temple of finance converted into an events venue.

Galerie Vivienne

A covered arcade of 1823, with mosaic floors — one of the most elegant in Paris.

Passage des Panoramas

The oldest covered arcade in Paris (1799), given over to stamps and antique maps.

Rue Montorgueil

Historic pedestrian street, food market and cafés, legacy of Les Halles.

Sentier

Former textile district turned the "Silicon Sentier" of French tech.

Tour Jean-sans-Peur

Medieval remnant (1409), carved staircase, a witness to pre-Haussmann Paris.

Seller guide

Selling in the 2nd
at the best price

Everything you need to know to sell your property successfully in the 2nd arrondissement.

9 861 — 12 751 €
Middle half of DVF sales H1 2026 (P25–P75)
14 570 €
Top of the market: top 10% of DVF sales H1 2026 (P90)
+1.9%
DVF median, H1 2025 → H1 2026

Strengths that boost your property value

  • Covered passages close by
  • High floor with lift
  • Métro multilignes
  • Preserved Haussmann volumes
  • Sentier address enhanced by the tech sector

Frictions to anticipate

  • Older building with high service charges
  • Commercial ground floor on a busy street
  • Low floor without lift
  • Servitudes immeuble inscrit

Best-selling properties

  • Lofts du Sentier
  • Views over the passages
  • Montorgueil pieds-à-terre
  • Large Haussmann apartments on rue de Cléry
7-step checklist

What to prepare before selling in the 2nd

  1. An independent professional valuation: have the value confirmed by an expert who knows the building and the street.
  2. Mandatory diagnostics : DPE, asbestos, lead (buildings before 1949), electricity, gas, Loi Carrez floor-area measurement.
  3. The last 3 sets of AGM minutes for the building: transparency on approved works, service charges and disputes.
  4. The co-ownership rules and an up-to-date schedule of division.
  5. Home staging before viewings: professional photos, depersonalisation, staging.
  6. An exclusive mandate is recommended: faster response, marketing leverage and access to our network of qualified buyers.
  7. Anticipate questions : monthly service charges, works fund, building projects, ageing lift.
At a glance

Le 2nd
en quelques traits

Buyer profiles, atmosphere and the property types in demand in the 2nd arrondissement.

Ideal for

Affluent first-time buyer Rental investor Young professional

Atmosphere

Dynamic Tech & start-ups Historic covered passages
Market tension: very high

Most sought-after typologies

  • 1-room/2-room Sentier-Bourse
  • Apartment in a covered passage
  • 3-room in the Mail district
Strategies & expertise METROREALTY

Investing in the 2nd
with a trusted partner

Two model strategies suited to central Paris, backed by 22 years of expertise on the ground.

— Professional rental

The Sentier rental play

1-room and 2-room flats let on long-term contracts are in very high demand from tech professionals and consultants. In the Sentier and Montorgueil areas: excellent occupancy rates and stable rents.

Estimated gross yield: ~3.0%
— Primary residence

The smart central buy

The 2nd offers one of the best value-for-money ratios among the central arrondissements. A well-chosen 3-room in the Mail or Vivienne sector provides access to historic Paris at more reasonable prices than the neighbouring arrondissements.

Target budget: €450,000 – €750,000
Our expertise

22 years in the 2nd arrondissement

METROREALTY has been guiding the most demanding transactions for 22 years in the 2nd arrondissement. Our advisers know the arrondissement's residential buildings and streets. From negotiating an apartment at Bourse to the sale of commercial premises at Montorgueil, we defend your interests with discretion and expertise.

Our base at 18 rue Molière, 200 metres from the Palais-Royal, gives us on-the-ground knowledge of the buildings, of the legal particulars — listed buildings, easements, pre-emption rights — and of the international buyers who make this market.

Estimate my property Paris 2nd
Our sales

Our latest sales
in the 2nd

PARIS 2EME - SQUARE LOUVOIS / BIBLIOTHEQUE NATIONALE - BEAU 3 PIÈCES LUMINEUXSold
PARIS 2EME - SQUARE LOUVOIS / BIBLIOTHEQUE NATIONALE - BEAU 3 PIÈCES LUMINEUX
Rue Chérubini, 75002 Paris
Sold in June 2026
Paris 2nd68 m²3 roomsApartment

See all our sales

Frequently asked questions

Your questions about
le 2nd arrondissement

The median price per sqm in the 2nd arrondissement was €11,326/sqm in the first half of 2026, according to DVF (DGFiP) data. Prices range from €7,903/sqm (P10, entry level) to €14,570/sqm (P90, top 10%), across 192 recorded apartment sales.

The DVF median of apartment sales rose by 1.9% between the first half of 2025 and the first half of 2026 (raw DGFiP file, provisional). Between 2021 and 2025 it fell by 6.8% (annual medians), reflecting the correction of the Paris market.

The 2nd arrondissement market recorded 192 transactions in the first half of 2026 according to DVF DGFiP data. This volume reflects an active market with a diverse supply for various buyer profiles.

The 2025 DRIHL reference median rent is €29.7/sqm/month. The maximum permitted rent is €35.76/sqm, the minimum €20.86/sqm. The indicative gross yield is around 3.0%.

The areas around Bourse and Montorgueil, as well as Sentier are the most sought-after in the 2nd arrondissement.

Absolutely. The Sentier concentrates strong demand from young professionals and tech profiles, with very high rental tension. Well-renovated 1-room and 2-room flats let in less than a week and show near-zero vacancy rates.

Selling, buying, investing

Let's talk about your project in the 2nd

Initial confidential discussion, no commitment. Our experts guide you through to signing.

The quarters of the 2nd arrondissement

Montorgueil real estate

The pedestrian street, the strongest demand.

Sentier real estate

Open floors, high ceilings, lofts.

Bourse real estate

Haussmann buildings, institutions, volume.

Place des Victoires

The royal square of 1686, a market of scarcity.

Covered arcades

Vivienne, Panoramas, Choiseul, Grand-Cerf.