French city of the miser, perhaps (5)
I believe the answer is:
reims
'french city' is the definition.
(city in France)
'miser perhaps' is the wordplay.
'perhaps' indicates an anagram.
'miser' is an anagram of 'REIMS'.
'of the' acts as a link.
(Other definitions for reims that I've seen before include "City, the traditional site for crowning French kings" , "city in NE France" , "City of northeast France" , "Champagne capital (variant spelling)" .)