Student housing in Monaco: shared flat, studio or French side?

A studio in the Principality, a shared flat or housing on the French side: rents, move-in costs and rules to know for a student in Monaco.

The Remoters editorial team

Published on

3 November 2023

Updated on

6 October 2026

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As a student in Monaco, you have three options: rent a studio in the Principality, share an apartment, or live on the French side, in a neighboring town. The first is the simplest for getting around but the most expensive: a studio in the open market rents for between €2,000 and €3,500 per month. A shared flat splits the bill, provided you find a home large enough and a landlord who accepts it. The third is the most compatible with a student budget.

Supply is limited by the size of the territory. IMSEE counted 22,577 homes in the Principality at the end of 2025, of which 18,197 in the private sector and 4,380 state-owned housing units, owned by the State and reserved for specific categories of residents. Students, meanwhile, are increasingly numerous: the International University of Monaco had 1,153 students in initial training in 2025, up from 677 in 2021, three-quarters of whom are neither Monegasque nor French.

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Renting in the Principality: budget and rules

What housing costs

Only the open market is available to new foreign arrivals. Rents there are among the highest in Europe:

studio: €2,000 to €3,500 per month;
two-room: €3,500 to €6,000 per month;
three to four rooms: in the order of €20,000 to €25,000 per month in the most sought-after neighborhoods.

At move-in, plan for a security deposit of three months' rent, agency fees of 10% excl. VAT of the annual rent when you go through an agency, a lease registration fee of 1% of the annual rent including charges, and home insurance, which is compulsory. For a studio at €2,000, the sum you need to gather before moving in easily exceeds €8,000.

Shared flats in Monaco

Sharing a two-room apartment between two people brings each person's share to between €1,750 and €3,000 per month, excluding charges, which is still far above a typical student budget. The arrangement makes sense for a large apartment shared by three or four. Before doing anything, ask the landlord whether they accept shared flats and who will sign the lease.

The neighborhoods

Monte-Carlo and the Carré d'Or are the most expensive. Larvotto, by the sea, mainly targets families. La Condamine, around the harbor, is a lively, commercial neighborhood. Fontvieille is residential. Moneghetti and the Jardin Exotique, quieter and on higher ground, are slightly less costly. In Monaco-Ville, available rentals are very rare.

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Living on the French side: the option for a tight budget

The neighboring French towns offer more homes, at rents that bear no comparison with those of the Principality. According to the rent map published by ANIL in December 2025, the average advertised rent for a one- or two-room apartment, charges included, is:

Cap-d'Ail: €33.7 per m²;
Beausoleil: €33.4 per m²;
Roquebrune-Cap-Martin: €27.2 per m²;
Menton: €23.4 per m²;
Nice: €22.7 per m².

For a 25 m² studio, that comes to about €840 per month in Beausoleil or Cap-d'Ail, and a little under €600 in Menton or Nice. The farther out you go, the lower the rent, but the longer the daily commute: work it out before signing.

Two French rules useful to students

The mobility lease (bail mobilité) is open to students for a furnished home, for a term of one to ten months. The landlord is not allowed to ask for a security deposit. It suits an exchange semester or an internship.
The security deposit on a standard lease cannot exceed one month's rent excluding charges for an unfurnished home, and two months for a furnished one. It must be returned within one month if the exit condition report matches the entry one, and within two months otherwise.

Application and precautions before signing

In Monaco, landlords and agencies ask for a solid application, even from a student:

ID;
a bank certificate, preferably from a Monegasque bank, and proof of income (scholarship, statements, commitment from a guarantor);
a certificate of enrollment at your institution;
sometimes references.

Every lease must be registered with the Service de l'Enregistrement of the Principality. This step gives you an official proof of address, essential for putting together a residence file with the Direction de la Sûreté Publique.

Wherever you search:

don't pay anything before you have visited the home, yourself or through someone you trust, and checked the landlord's identity;
be wary of a rent far below the market, especially in Monaco: it is the classic sign of a fraudulent listing;
do a detailed condition report, with photos, at move-in;
plan ahead: in Monaco, attractive homes go fast, often in under two weeks.

Getting help to search remotely

With a very narrow Monegasque market and neighboring towns where demand is strong at the start of term, searching from abroad takes quick reactions. A Remoters home finder based on the ground can search for you, in Monaco or on the French side depending on your budget, visit the homes, prepare your application and review the lease before signing. The first conversation and the quote are free.