Caen Property Prices, Rents & Rental Yields

About Caen

Caen, in the Calvados department of Normandy, blends university energy, historic streets, and a coastal hinterland that keeps it firmly on investor radar. Its apartment market reflects that mix of urban function and regional appeal.

August 2026 brings the clearest signal: rents are rising faster than sale prices, creating a tighter income-versus-entry-price balance. Average apartment rents now stand at €770, up 9.4% month on month and 5.1% year on year, while the average sale price is €202,000, down 0.5% over the month and 3.3% from a year earlier.

That contrast leaves the market with a steadier asking-price backdrop than the rental side. The average price per m² is €3,450, edging up 0.4% month on month but down 0.9% year on year, suggesting that recent monthly firmness has not yet reversed the broader annual softening. For apartments in Caen, the current yield of 4.71% sits at the center of this tension: income has improved, but acquisition costs have not risen in step, leaving August’s headline story focused on the gap between stronger rents and still-adjusting sale values.