Modena province Property Prices, Rents & Rental Yields

About Modena province

Modena province blends industrial strength, historic towns, and a central position in Emilia-Romagna, making it a distinctive Italian market for apartment investors. Its mix of urban services, transport links, and established local economies gives the area a long-running relevance beyond any single monthly shift.

August 2026 brings the clearest signal: apartment values are still firm, while income is adjusting more unevenly. The average sale price sits at €215,000, unchanged month over month but up 7.5% year over year, and the average m2 price is €1,950, also flat on the month and up 6.5% over 12 months. That means the price base has clearly moved higher without a fresh monthly surge.

The rental side is telling a different story. Average rent has climbed to €900, up 5.9% from July, but it remains 5.3% below last year’s level. For investors, that creates a visible tension: capital values have advanced over the year, yet monthly rent recovery has only partially offset the earlier decline. At a current yield of 6.91%, the market still offers an income return, but one that needs to be read against the stronger pricing backdrop. In practice, Modena province is entering late summer with stable sale pricing, firmer annual valuations, and a rental line that is improving month to month but not yet fully restored year on year.