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Average monthly housing rent in Italy 2018-2020

The average monthly housing rent in Italy in September 2020 was 11.3 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 August 2020 amounted to almost 12 euros per square meter. Whereas in Molise, the region that registered the lowest value, it amounted to approximately 5.8 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 2020, 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 8.5 euros per square meter in September 2020. Moreover, in Naples renting a dwelling could cost as much as 15.8 euros per square meters in the affluent districts of Chiaia and Mergellina.

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

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Source

Release date

October 2020

Region

Italy

Survey time period

January 2018 to September 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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* Prices do not include sales tax.

Statistics on "Residential real estate in Italy"

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