Italy Property Prices, Rents & Rental Yields

About Italy

Italy combines long-standing cultural appeal with a diverse apartment market shaped by historic city centers, coastal destinations, and regional urban hubs. That mix gives the country a broad investment backdrop, with local pricing and rental patterns often moving at different speeds.

July 2026 points to a clear tension in Italy’s apartment market: prices are still moving higher, while rent growth remains flat. The average sale price reached €175,000, up 2.9% month over month and 9.4% year over year, while the average price per square meter rose to €1,840, also up 2.9% on the month and 8.2% from a year earlier.

Against that backdrop, the average rent price held at €1,000, unchanged both month over month and year over year. That combination leaves yield at 8.32%, which suggests returns are still present, but they are being tested by firmer acquisition pricing. For investors tracking Italy from a monthly perspective, the message is less about rapid rental expansion and more about the impact of steadily rising purchase values on overall positioning.