Investing in LMNP in Grenoble in 2025: the city with a high rental yield
University city par excellence, grenoble is ranked every year among the best cities to invest in non-professional furnished rental (LMNP). In 2025, it benefits from a active real estate market, of a very strong rental demand and a fiscal framework that is still favorable for donors.
Why invest in LMNP in Grenoble in 2025?
- Over 65,000 students present every year
- One dynamic economic ecosystem (science, technology, innovation)
- One average gross yield between 5.5% and 7%
- Of stable rents And a high rental tension
- A well-served city (tram, TGV, near Lyon)
Grenoble attracts a young and mobile population, ideal for small-sized furnished homes.
Key figures from the LMNP in Grenoble
- Average price per m² : €3,050
- Average rent for a furnished studio : 530 €/month
- Rental tension : very strong (student market and young workers)
- Estimated gross return : 6.5 to 7.2%
📍 The ratio rent/purchase price remains competitive for a large provincial metropolis.
Neighborhoods to target for an LMNP investment in Grenoble
Grenoble has several strategic areas to maximize your performance:
- Quartier Chorier-Berriat : close to schools and the city center, high demand
- Europole/Peninsula : ideal for managers, researchers and tech employees
- Quartier Saint-Bruno : accessible prices and very popular with students
- Hyper-center : guaranteed valuation, constant rental tension
- Saint-Martin-d'Hères campus : student target par excellence
LMNP 2025 comparison: Grenoble versus big cities
CityAverage price per m²Rent StudioRental TensionEstimated Gross Yield Estimated Gross Yield Grenoble3,050 €530 €Very Strong6.8% Saint-Étienne1,580 €400 €Strong 9.8% %Le Havre2 320 €420 €Le Havre2 320 €420 €420 €Medium €420 €Medium to €420 €Medium to €420 €Medium to High €7.8% Medium to High 7.8% %Marseille3 400 €530 €Very Strong Marseille3 400 €530 €Very Strong 7.8% Marseille3 400 €530 €Very Strong 7.8% Marseille3 400 €530 €Very Strong7.2% Reims2 900 €440 €Strong €440 €Nantes 4,100 €420 €420 €Medium to High €420 €Medium to High €7.8% Medium to High 7.8% €Medium to High 7.8% %Marseille3 400 €530 €Very Strong 5.7% Paris 10,500 €870 €Very Strong 4.1% Toulouse3,700 €560 €560 €Strong 5.9% Nice5 100 €610 €Average 4.7% Clermont-Ferrand2,7% Clermont-Ferrand 2,400 €Ferrand2,400 €430 €430 €Average 6.5%
What tax regime should you choose for an LMNP investment in Grenoble?
You have two options:
- Micro-Bic : 50% lump-sum reduction, simplified declaration
- Real regime : allows deduct expenses, ofamortize the property, and of sharply reduce rent taxes
💡 To simulate your taxation and choose the right regime:
👉 Access the LMNP simulator
LMNP in Grenoble: what tools are there to optimize its management?
The 2025 reform abolished the tax reduction of €915 for members of a CGA. It is therefore important to Be well equipped to manage your furnished rental :
- Use of automated accounting solutions
- Monitoring of expenses, amortization, and profitability
- Production and remote transmission of the tax return
👉 Qlower supports thousands of donors every year to effectively manage and report their LMNP income.
grenoble, an innovative and well-connected student city, remains an excellent furnished rental investment opportunity in 2025. With taxation still attractive and strong demand, it offers an ideal balance between profitability and asset valorization.
FAQ — Investing in LMNP in Grenoble
Is Grenoble an attractive city for an LMNP investment?
Yes. Grenoble is a Major university city with more than 60,000 students, a dynamic pool of jobs in engineering, research and tech, and a strong rental demand. It therefore offers an excellent ground for a investment in non-professional furnished rentals.
Which districts of Grenoble to target for a good LMNP performance?
The neighborhoods to be preferred are:
- Hyper-center for student demand and young active people,
- Saint-Martin-d'Hères for the proximity to the university campus,
- Europole and Presqu'île to target assets working in innovation clusters.
These sectors guarantee a good rental tension and stable rents.
What gross return can one expect for an LMNP in Grenoble?
The average gross yield varies between 4.8% and 6.5% depending on the location and the type of property (studio, T2, shared apartment). Furnished rentals make it possible to increase rents and optimize profitability compared to bare rentals.
Should you opt for the real regime or the micro-BIC in Grenoble?
The LMNP real regime is often more advantageous in Grenoble, especially if you use a loan. It allows deduct expenses (interests, insurance, condominium fees, works) andamortize the property, which greatly reduces, or even eliminates, rent taxes.
Can I rent for a short term in Grenoble?
Short-term rentals (Airbnb) are possible, but supervised by the town hall. It is essential to declare your activity, to ensure the compliance of the condominium regulations, and to respect local rules. For more stability and simplicity, many investors prefer furnished or student long term rental.
What is the advantage of the LMNP in Grenoble compared to other cities?
Grenoble has several advantages:
- One high student population,
- Economic activity supported by tech and research,
- Prices per m² that are still accessible (between 3,000 and 3,500 €/m² depending on the neighborhood),
- One Sustained rental demand all year.
It is a city balanced between profitability, management and heritage valuation.
To make the right choices, it is strongly recommended to be accompanied by an expert in real estate taxation. No more tax headaches and time to optimize your personal and asset situation.
Qlower your specialist in LMNP accounting is there to best guide you according to your situation! Do not hesitate to make an appointment with one of our experts!
