Chambéry Property Prices, Rents & Rental Yields

About Chambéry

Chambéry combines a compact city feel with a strategic Alpine setting, framed by lakes, mountains and strong regional links. Its apartments market reflects that position: practical for owners seeking a city base, yet closely tied to wider price movements across Savoie.

July 2026 brings the clearest signal: pricing is recovering on a monthly basis, but investor economics remain under pressure from the annual reset. The average apartment sale price reached €249,000, up 2.3% from the previous month, while the average price per square metre rose to €3,660, up 0.8%. That monthly firming suggests a short-term rebound in values, even as the broader trend remains softer than a year ago.

The tension is most visible in the comparison with July 2025. Average sale prices are still down 13.8% year on year, and the average price per square metre is down 7.5%, which keeps the market below last year’s level. At the same time, average rent has climbed to €630, up 19.3% year on year, though it edged down 0.6% over the month. That combination leaves a gross yield of 4.53%, showing that income is holding up better than capital values, but not enough to erase the gap created by the weaker annual sale-price base.