Montélimar Property Prices, Rents & Rental Yields

About Montélimar

Montélimar sits in the Drôme department as a well-known Provençal city with a practical regional location and a strong identity shaped by its climate, heritage, and access to the Rhône corridor. For apartment investors, it offers a compact market where local pricing movements can be read clearly month by month.

August 2026 brings the clearest signal: apartment prices moved sharply higher, while rental progress remained limited. The average sale price reached €173,000, after a 15.3% increase over the month and a 2.4% gain year on year. At the same time, the average rent was €630, essentially unchanged month on month and up 11.6% from a year earlier.

That gap matters because the income side is not keeping pace with the capital side in the short term. The average price per square metre now stands at €2,460, up 14.6% month on month, even though it is still 1.2% lower than a year ago. The result is a 5.81% yield that still looks serviceable, but the latest pricing run suggests investors are now paying more for each euro of rent than they were only a month earlier. For buyers focused on apartments in Montélimar, the August reading points to a market where valuation momentum has strengthened faster than rental growth.