Overview
- A new Apur evaluation in April 2026 reports Paris rents ran 5% lower than without the cap from July 2019 to July 2025, saving tenants about €968 a year and €1,019 in the last measured year.
- The biggest gains go to renters in very small units under 18 m², where rents sit 12.4% below the estimated no-cap level.
- Enforcement falls short, as nearly half of listings from July 2024 to June 2025 exceeded the ceiling set by area, size and building age, sometimes invoking a legal premium for exceptional features.
- Researchers see no lasting drop in rental supply tied to the cap and link sharp swings in listings to COVID-19 and the Olympic Games.
- The trial is slated to end in November 2026, with Paris leaders urging permanence and tweaks while the national government waits for more impact studies that could shape rules in dozens of other cities.