Florence province Property Prices, Rents & Rental Yields

About Florence province

Florence province blends historic urban centers, hill towns, and one of Italy’s most recognizable cultural landscapes. For apartment investors, that backdrop matters: values here are tied not only to local housing needs, but also to the long-running appeal of a province shaped by heritage, tourism, and everyday metropolitan life.

August 2026 brings the clearest signal from the apartment market in Florence province: prices are still firm, while income is moving differently. The average sale price holds at €285,000 and the average m2 price remains at €3,170, with both unchanged from the previous month. On a yearly basis, however, both are up 5.6%, showing that capital values have continued to edge higher over time.

By contrast, rental momentum is softer in the short term. The average rent price is €1,400, up 3.7% month on month, but still 6.7% lower than a year ago. That creates the month’s main tension for apartment investors: a 6.3% yield sits against rising asset values and a rental level that has not fully rebuilt on an annual view. In practical terms, Florence province remains a market where holding costs and income potential need to be read together, rather than in isolation.