Are you thinking about buying an apartment in Paris’ 1st arrondissement?
Looking for key information before making your purchase? Discover insights on quality of life, housing options, expert advice, local history, and more.
This guide provides everything you need to know to support your real estate search in this iconic arrondissement.
Prices remain historically high and continue to climb in this mature market. Your Paris-based apartment hunter suggests focusing on the Eglise Saint-Eustache and Les Halles neighborhoods. There, you can still find good deals, especially with the redevelopment of the Forum des Halles.
The 1st arrondissement is one of the most central areas in Paris. It is also one of the smallest in terms of surface area. Over time, it has lost many of its historic residents. Today, it is mainly occupied by commercial spaces and businesses. Public transport is excellent, with Châtelet as the main hub. Car traffic is not recommended due to heavy congestion during peak hours. Rue de Rivoli is entirely car-free.
In addition to its rich cultural heritage, the arrondissement offers beautiful green spaces. These include the Tuileries Gardens, the Palais-Royal Gardens, and the Halles Gardens, which cover a large part of the area.
34%
are homeowners
57%
are under 45 years old
55%
have lived here for nine years or less
39%
are families
Construction Period
Number of Rooms
This arrondissement is home to some of the most historic sites in Paris. After draining the Champeaux marshes, the Halles de Paris were installed by Louis VI in 1137 under the name of Marché des Champeaux to replace the 2 existing markets (“Marché Palu” on the “Ile de la Cité” and ‘Marché Central’ on the ‘Place de Grève’). The market grew over the centuries before becoming a health problem in the 1950s. On 14 March 1960, it was decided to transfer the Halles market to Rungis and La Villette.
The history of the Louvre began in the Middle Ages in 1190. Philippe Auguste built a fortress to protect the royal treasury from looters. Under Charles V (14th century), the fortress was transformed into a royal residence. It was regularly embellished and extended by various monarchs before being abandoned in the 18th century for Versailles. It was not until 1793 that the idea of a ‘Central Museum of the Arts’ was born, before Napoleon Bonaparte enriched it for his own glory.
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