Montauban Property Prices, Rents & Rental Yields

About Montauban

Montauban, the historic capital of Tarn-et-Garonne, combines a compact urban core with riverside character and strong regional connections. Its apartment market sits at the intersection of everyday housing need and investor attention, shaped by a city scale that remains easy to read and monitor.

August 2026 brings the clearest signal in sale prices: apartments averaged €140,000, after a 4.4% monthly decline. That softer pricing has not eliminated the income case, but it has tightened the balance investors must weigh. The average apartment rent reached €590, up 1.7% from the previous month and 5.4% over the year, while the average price per square metre stood at €2,000.

The tension is straightforward: weaker purchase prices are meeting firmer rents, but the uplift is modest rather than dramatic. On an annual basis, the average sale price is only up 0.7%, while the price per square metre has climbed 6.6%, suggesting that the market has still accumulated value even after the recent pullback. With a gross yield of 6.24%, Montauban’s apartment market continues to offer an income profile that deserves attention, though August’s numbers point to a market where pricing power is no longer one-sided.