Modena province Property Prices, Rents & Rental Yields

Data updated monthly.Last update:October 2, 2026
Italy
Confidence
High

Modena province market overview: score, prices and rental yields

Market Score

75Good
75 / 100
Investability
52
Price momentum
67
Rental demand
56
Sales demand
50

Median asking price

€217,000
1M
-0.5%
1Y
+9%
Median asking price
MonthMedian asking price
November 2025€200,000
December 2025€205,000
January 2026€210,000
February 2026€210,000
March 2026€210,000
April 2026€215,000
May 2026€210,000
June 2026€210,000
July 2026€215,000
August 2026€215,000
September 2026€218,000
October 2026€217,000

Median monthly rent

€900
1M
-2.2%
1Y
-10%
Median monthly rent
MonthMedian monthly rent
November 2025€1,000
December 2025€950
January 2026€990
February 2026€1,000
March 2026€950
April 2026€900
May 2026€900
June 2026€860
July 2026€850
August 2026€900
September 2026€920
October 2026€900

Gross Rental Yield

6.71%
1M
-4.7%
1Y
-8.9%
Gross Rental Yield
MonthGross Rental Yield
November 20257.37%
December 20257.48%
January 20267.7%
February 20267.41%
March 20267.14%
April 20267.07%
May 20266.92%
June 20266.96%
July 20266.85%
August 20266.91%
September 20267.04%
October 20266.71%

Median price per m²

€1,970
1M
-0.5%
1Y
+7.1%
Median price per m²
MonthMedian price per m²
November 2025€1,850
December 2025€1,860
January 2026€1,910
February 2026€1,910
March 2026€1,910
April 2026€1,950
May 2026€1,910
June 2026€1,910
July 2026€1,950
August 2026€1,950
September 2026€1,980
October 2026€1,970

Market Breakdown

Property listings (10,776 for sale)

Top submarket

65
Gross Rental Yield
5.57 %
Median asking price
€275k
Median monthly rent
€1,000

Gross Rental Yield

Gross Rental Yield
CategoryGross Rental Yield
1 bedroom7.78%
2 bedroom7.09%
3 bedroom5.85%
4+ bedroom5.43%
Gross Rental Yield
CategoryGross Rental Yield
40-50 m² apartments8.5%
50-60 m² apartments8.06%
60-70 m² apartments7.92%
70-80 m² apartments6.81%
80-90 m² apartments7.13%
90-100 m² apartments6.49%
100-110 m² apartments6.89%
110-120 m² apartments5.76%
120-130 m² apartments6.23%
130-140 m² apartments5.68%

Median price per m²

Median price per m²
CategoryMedian price per m²
1 bedroom€1,850
2 bedroom€2,020
3 bedroom€1,990
4+ bedroom€2,090
Median price per m²
CategoryMedian price per m²
40-50 m² apartments2000
50-60 m² apartments1960
60-70 m² apartments1920
70-80 m² apartments2000
80-90 m² apartments1900
90-100 m² apartments1990
100-110 m² apartments2030
110-120 m² apartments2150
120-130 m² apartments2110
130-140 m² apartments2140

Number of listings for sale

Number of listings for sale
CategoryNumber of listings for sale
1 bedroom76
2 bedroom678
3 bedroom2,321
4+ bedroom3,358
Number of listings for sale
CategoryNumber of listings for sale
40-50 m² apartments104
50-60 m² apartments253
60-70 m² apartments341
70-80 m² apartments465
80-90 m² apartments558
90-100 m² apartments646
100-110 m² apartments768
110-120 m² apartments734
120-130 m² apartments650
130-140 m² apartments512

Number of listings for rent

Number of listings for rent
CategoryNumber of listings for rent
1 bedroom53
2 bedroom173
3 bedroom214
4+ bedroom296
Number of listings for rent
CategoryNumber of listings for rent
40-50 m² apartments52
50-60 m² apartments76
60-70 m² apartments74
70-80 m² apartments89
80-90 m² apartments83
90-100 m² apartments79
100-110 m² apartments73
110-120 m² apartments44
120-130 m² apartments34
130-140 m² apartments30

Market Trends

Listings by property size

1 bedroom (2%)
2 bedroom (12%)
3 bedroom (35%)
4+ bedroom (51%)
Listings by property size
CategoryListings by property size
1 bedroom (2%)129 listings (2%)
2 bedroom (12%)851 listings (12%)
3 bedroom (35%)2,535 listings (35%)
4+ bedroom (51%)3,654 listings (51%)

Sales Activity Index

9-18%
Sales Activity Index
MonthSales Activity Index
November 202516%
December 202515%
January 202612%
February 202618%
March 202616%
April 202617%
May 202614%
June 202616%
July 202617%
August 202612%
September 20269%
October 202614%

Rent Activity Index

25-41%
Rent Activity Index
MonthRent Activity Index
November 202537%
December 202534%
January 202625%
February 202635%
March 202633%
April 202641%
May 202634%
June 202635%
July 202634%
August 202637%
September 202628%
October 202638%

Median asking price

Median asking price
Month2 bedroom3 bedroom4+ bedroom
November 2025€115k€178k€250k
December 2025€115k€180k€250k
January 2026€117k€185k€250k
February 2026€125k€185k€255k
March 2026€125k€185k€250k
April 2026€125k€190k€257k
May 2026€125k€190k€259k
June 2026€120k€189k€260k
July 2026€120k€190k€260k
August 2026€125k€191k€265k
September 2026€126k€195k€265k
October 2026€127k€195k€265k

Median monthly rent

Median monthly rent
Month2 bedroom3 bedroom4+ bedroom
November 2025€750€950€1,200
December 2025€790€950€1,200
January 2026€790€990€1,200
February 2026€800€950€1,200
March 2026€750€900€1,200
April 2026€750€950€1,150
May 2026€750€900€1,200
June 2026€700€930€1,200
July 2026€700€900€1,200
August 2026€750€950€1,200
September 2026€790€950€1,200
October 2026€750€950€1,200

Years to profit (sale to rent ratio)

Years to profit (sale to rent ratio)
Month2 bedroom3 bedroom4+ bedroom
November 202512.7815.6117.36
December 202512.1315.7917.36
January 202612.3415.5717.36
February 202613.0216.2317.71
March 202613.8917.1317.36
April 202613.8916.6718.62
May 202613.8917.5917.99
June 202614.2917.0318.06
July 202614.2917.5918.06
August 202613.8916.7518.4
September 202613.3817.1118.4
October 202614.1117.1118.4

Median price per m²

Median price per m²
Month2 bedroom3 bedroom4+ bedroom
November 2025€1,920€1,870€1,970
December 2025€1,850€1,890€1,970
January 2026€1,830€1,930€1,950
February 2026€2,050€1,890€1,980
March 2026€2,020€1,910€1,940
April 2026€2,050€1,940€2,020
May 2026€2,020€1,940€2,040
June 2026€1,940€1,930€2,030
July 2026€1,900€1,940€2,040
August 2026€1,980€1,950€2,090
September 2026€2,000€1,990€2,070
October 2026€2,020€1,990€2,090

Profitability Scenarios

* With a €150,000 investment

Lower-yield district

€5,925

Annual Rental Income

Higher-yield district

€12,135

Annual Rental Income

As of October 2026, gross rental yields in Modena province ranged from ~3.95% in the lowest-yielding districts to ~8.09% in the highest-yielding districts

About Modena province

Modena province combines the historic streets of its namesake city, Emilia-Romagna’s food traditions, and a landscape of smaller towns and countryside. Those features give the province a distinct setting for apartment investment, while reminding readers that a province-wide measure cannot describe every address.

In October 2026, the clearest signal for apartments is the divergence between sale and rental prices over the year. Average sale prices are up 9.0% year over year, while average rents are down 10.0%. These movements point in opposite directions for anyone assessing income against acquisition cost: the sale-price benchmark has risen even as the rental benchmark has fallen. They do not show how any particular apartment would perform, but they make the relationship between purchase price and rent the central question this month.

The average apartment sale price stands at €217,000, and the reported yield is 6.71%. Together, these figures offer a snapshot rather than a guarantee of returns. The yield is a province-level measure; it should not be read as evidence that rental income is strengthening alongside sale prices. The costs, lease terms, and negotiated price of an individual property remain outside this market snapshot.

For an investor comparing apartments across Modena province, the practical step is to test each property against both sides of that picture. Annual sale-price growth and an annual decline in rents can coexist, so neither the headline yield nor the price trend replaces a property-level calculation.
Name
All
6.71 %
6,434
741
€217,000
€900
Studio
-- %
--
--
--
--
1 Bedroom
7.78 %
76
53
€92,500
€600
2 Bedrooms
7.09 %
678
173
€127,000
€750
3 Bedrooms
5.85 %
2,321
214
€195,000
€950
4+ Bedrooms
5.43 %
3,358
296
€265,000
€1,200

Summary and Key Takeaways

With a median rental yield of 6.71% and property prices starting at €92,500, Modena province

may become a good investment option for some investors.

Median property prices in Modena province are €217,000, while the median rent is €900. This means that a median property in Modena province will pay for itself in 20.1 years.

Detailed real estate yield breakdown:

A median 1-bedroom apartment: 7.78% yield, sale price €92,500, rent €600.

A median 2-bedroom apartment: 7.09% yield, sale price €127,000, rent €750.

A median 3-bedroom apartment: 5.85% yield, sale price €195,000, rent €950.

A median 4+ bedroom apartment: 5.43% yield, sale price €265,000, rent €1,200.

Where exactly to buy the property?

Modena province offers yields of up to 8.09% for a median apartment making it a strong investment choice. Explore Modena province in more detail to find the most profitable neighborhoods.

Nearby property markets

Compare prices, rents, and rental yields in geographically nearby markets.