Saint-Malo Property Prices, Rents & Rental Yields

About Saint-Malo

Saint-Malo combines a historic walled old town, a working port and a famed seaside setting on Brittany’s northern coast. Its apartment market sits within a city shaped by tourism, heritage and year-round coastal appeal, making it a closely watched location for residential investment.

In July 2026, the clearest signal is a squeeze between rents and prices. The average apartment rent rose 5.7% month over month to €740, while the average sale price edged up 0.6% to €313,950. That combination lifted the gross yield to 3.44%, but the income picture remains sensitive to pricing moves.

The longer trend is less supportive for owners seeking capital growth. Average sale prices are down 3.1% year over year, and the average price per square metre is down 3.2% to €4,910. Rents have also softened slightly over the year, down 0.6%, so July’s rent jump looks more like a monthly rebound than a new trend. For apartment investors, Saint-Malo currently offers a market where income has improved in the short term, yet valuations remain below last year’s level.