Average monthly housing rent in Italy 2018-2020

The average monthly housing rent in Italy in January 2020 was nearly 9.7 euros per square meter. However, this figure differed significantly according to the region in which the rental was looked for. In Aosta Valley, the tiniest region in the country which borders France and Switzerland, the average housing rent in December 2018 peaked at over 20 euros per square meter. Whereas in Calabria, the region that registered the lowest value, it amounted to approximately five euros per square meter.

City vs. Countryside

It is not a secret that rental prices for residential real estate differ hugely between the city and the countryside. Not only, among cities prices are also very different. In Italy, Milan and Rome are among the most expensive areas where to rent a dwelling. According to data gathered in 2018, some districts of the two cities boasted an average rental price of over 20 euros per square meter.

Southern Italy is more affordable

In absolute terms, renting a dwelling in cities in southern Italy is more affordable. Even in the most affluent areas, rents in Palermo were not higher than 8.3 euros per square meter in December 2018. Moreover, in Naples renting a dwelling could cost as much as 15.5 euros per square meters in the affluent districts of Chiaia and Mergellina.

Average monthly housing rent in Italy from January 2018 to January 2020

Price in euros per square meter
Jan 209.66
Dec 199.79
Nov 199.68
Oct 199.72
Sep 199.72
Aug 199.72
Jul 199.68
Jun 199.6
May 199.65
Apr 199.64
Mar 199.61
Feb 199.62
Jan 199.58
Dec 189.51
Nov 189.49
Oct 189.47
Sep 189.49
Aug 189.5
Jul 189.47
Jun 189.47
May 189.42
Apr 189.43
Mar 189.4
Feb 189.35
Jan 189.36
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Source

Release date

February 2020

Region

Italy

Survey time period

January 2018 to Janurary 2020

Supplementary notes

The source adds the following information: "The data shows the prices of houses, apartments and in general residential properties in Italy. Prices are the average prices of properties published on Immobiliare.it in Italy."

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Statistics on "Residential property market in Italy"

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