Piacenza Property Prices, Rents & Rental Yields

About Piacenza

Piacenza sits in the heart of Emilia-Romagna’s western corridor, where river routes, rail links, and a well-established urban fabric give the city a practical appeal beyond its size. For apartment investors, it offers a market shaped by steady local use rather than headline volatility.

August 2026 brings the clearest signal: sale values have eased while rents are still climbing, creating a tighter balance for income-led buyers. The average apartment sale price now stands at €205,000, after a 2.1% monthly decline, while the average price per square metre has also slipped 2.1% to €1,860. By contrast, the average rent has moved up 6.7% over the month to €800.

That tension is also visible in the year-on-year comparison. Sale prices are still 3.0% higher than a year ago, and the average m2 price is up 2.1%, so the recent cooling does not erase the broader upward trend. Rents, meanwhile, are 4.6% above last August, which helps explain why the gross yield remains at 5.89%. In practical terms, Piacenza’s apartment market is not showing a simple one-way move: pricing has softened at the point of purchase, but income has continued to edge higher, leaving the investment case dependent on how buyers weigh current entry costs against ongoing rent growth.