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What is the average rent price in Monaco?

Renting an apartment costs an average of 3,500 euros per month. Add to this amount utilities bills of 400-700 euros and get the price of housing for rent in the amount of the average salary. Renting of apartments is possible only through an agency.



In 2026, the average rent in Monaco remains the highest in the world due to extreme scarcity and high demand from high-net-worth individuals. For a studio apartment, you can expect to pay between €4,500 and €7,000 per month. A standard one-bedroom apartment in a prime area like Monte Carlo now averages roughly €9,500 to €14,000, while larger two-to-three-bedroom units frequently exceed €25,000 per month. These prices often exclude "Service Charges" (concierge, security, and maintenance), which can add an additional 10% to 15% to the monthly total. For 2026 expats, the "pro-tip" is that most rentals require a three-month security deposit and a year of rent upfront or a significant bank guarantee, making the entry cost of living in the Principality a multi-million-euro financial commitment before you even move in.

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Tourist Application Requirements for a Monaco Visa A visa is not required for this destination for a stay of up to 90 days in any 180 day period. Please keep in mind that while a visa is not required, you must: Hold a passport valid for at least six months beyond your date of country exit and with one blank visa page.

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Monaco has an excellent healthcare system and a low crime rate, making it a safe and healthy environment to live in. Another plus for Monaco Permanent Residency is the tax advantages. Monaco is a tax haven, with no income tax, capital gains tax, or wealth tax.

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The culture in Monaco is very different from anywhere else in the world. There are many things to do and see in Monaco, and the people are friendly and welcoming.

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The official language of Monaco is French. In addition, there are several other languages spoken, including Italian, English, as well as Monégasque, the national language of the Monégasque people.

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