Investing in LMNP in Saint-Étienne in 2025: the city with a high rental yield
Often underestimated, Saint-Étienne offers however great opportunities for an investment in LMNP (Non-Professional Furnished Rental). In 2025, this dynamic city in the Auvergne-Rhône-Alpes region combines low purchase price, High student rental tension and high gross profitability, all with a fiscal framework that is as advantageous as ever.
Why invest in LMNP in Saint-Étienne in 2025?
- Price per m² among the lowest in major French cities
- Dense university fabric with over 25,000 students
- Neighborhoods in full transformation with numerous rehabilitation projects
- High rental tension in areas near the train station, Jean Monnet University and the city center
- Gross return greater than 8% for well-placed studios
Key figures of the LMNP market in Saint-Étienne
- Average price per m² : €1,580
- Average rent for a furnished studio : €400/month
- Rental tension : strong around the center and campuses
- Estimated gross return : between 8.5% and 9.8%
It is one of the best gross returns on the French market in 2025, ideal for investors looking for performance.
Neighborhoods with high potential for a profitable LMNP in Saint-Étienne
- Downtown — Place Jean Jaurès/Dorian : attractive and close to amenities
- Chateaucreux — Carnot : near the TGV station, ideal for student and professional mobility
- Tréfilerie Campus : university district with high demand for studios
- Crêt-de-Roc : in reconversion, an area that is becoming more and more popular
LMNP 2025 comparison: Saint-Étienne vs other major cities
CityAverage price per m²Rent Studio TensionEstimated Gross ReturnEstimated Gross ReturnSaint-Étienne1,580 €400 €Strong 9.8% Le Havre2 320 €420 €Medium to High 7,8% Reims 2,900 €440 €High €440 €High 6,7% €440 €High 6,7% €440 €High €6,7% High €6,7% High €6,7% €4,7% Clermont-Ferrand2,7% Clermont-Ferrand2,7% Clermont-Ferrand2,400 €430 €Average €430 €Average €4,0 Toulouse4,100 €460 €Very strong€5,8% Lyon5 350 €440 €High €440 €High 6,7% €440 €High 6,7% High 6,7% Clermont-Ferrand2,7% Clermont-Ferrand2,7% Clermont-Ferrand2,400 €430 €Average 5,0% Paris 10,500 €870 €Very strong 4.1%
LMNP taxation in Saint-Étienne: which regime to choose?
The LMNP status allows you to opt between two regimes:
- Micro-Bic : 50% reduction on rent received (up to €77,700/year in revenue)
- Real regime : ideal for deducting all expenses (interest, insurance, works, management costs) and amortize the property, significantly reducing the tax base
👉 Compare your profitability under the tax regime with our LMNP micro-BIC or Real simulator
Effectively manage your LMNP in Saint-Étienne
Good performance also requires good management:
- Automation of declarations
- Depreciation calculation
- Production of the tax package
- Monitoring of Urssaf obligations
Qlower allows you to simplify all of your furnished rental management in Saint-Étienne, while maximizing your tax savings.
👉 Discover our LMNP declaration solutions
Saint-Étienne, thanks to its excellent price/rent ratio and its large student population, is emerging in 2025 as a strategic choice for LMNP investors who want a high return with a low entry ticket. An ideal city for a first investment or to diversify its rental stock with few risks.
FAQ — Investing in LMNP in Le Havre
Why invest in LMNP in Saint-Étienne in 2025?
Saint-Étienne offers very attractive prices per m², often under €2,000, for stable rents thanks to strong student rental demand. This makes it possible to achieve gross returns of over 6%, ideal for an investment in Non-professional furnished rental.
What type of property should you prefer in LMNP in Saint-Étienne?
Studios and one-bedroom apartments near universities, such as around the Cité du Design or the Faculty of Tréfilerie, are in high demand by students. Furnished one-bedroom apartments may also be suitable for young employees in shared flats or long-term rentals.
Can you depreciate your LMNP property in Saint-Étienne?
Yes. By choosing the LMNP real regime, you can write off the price of the property (excluding land), the furniture, and deduct all expenses, which greatly reduces the taxation on the rent received. It is one of the keys to the LMNP profitability in Saint-Étienne.
Do you have to declare a SIRET number to do LMNP in Saint-Étienne?
Yes, LMNP's activity is a commercial activity in the fiscal sense. Registration is mandatory with one-stop shop to obtain a SIRET number and choose your tax regime (micro-BIC or real).
What is the most advantageous tax regime for an LMNP in Saint-Étienne?
The real regime is often more interesting in Saint-Étienne because the rents are modest and the charges relatively high. It allowsOptimize taxation thanks to depreciation and the deduction of expenses.
Is there a strong demand for furnished rentals in Saint-Étienne?
Yes. Saint-Étienne is a dynamic university city with over 25,000 students. The demand for furnished housing, especially close to transport and educational centers, remains constant all year round.
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!
