Montauban Property Prices, Rents & Rental Yields

About Montauban

Nestled along the banks of the Tarn River, Montauban is a historic pink-brick city in the Tarn-et-Garonne department. Its rich artistic heritage, centered around the Musee Ingres Bourdelle, and its vibrant local plazas make it an increasingly attractive destination for residents seeking Southern French charm.

In June 2026, the local apartment market is experiencing an intriguing divergence. The most significant signal this month is a sharp monthly rise in rental rates, with average rents climbing to 580 euros, representing a notable monthly increase of 3.6 percent. This rental surge occurred even as the average cost per square meter softened. The price per square meter decreased month-over-month to settle at 2,046 euros. This short-term dip in unit pricing, contrasted against rising tenant costs, highlights a momentary gap in the market that prospective buyers can leverage before values recover.

Despite this minor monthly plateau in square-meter pricing, the broader annual trend remains positive, with average sales prices continuing their upward trajectory over the past year. For buy-to-let investors, this environment translates into robust returns. Under current conditions, apartments in this historic commune are delivering an impressive average rental yield of 6.83 percent. The combination of appreciating long-term capital value and accelerating monthly rents positions this growing regional center as an exceptionally resilient alternative to more competitive metro markets nearby.