Siena Property Prices, Rents & Rental Yields

About Siena

Siena’s medieval streets, Piazza del Campo and hilltop setting give the city a distinct identity within Tuscany. Its historic centre and surrounding neighbourhoods provide a useful geographical frame for reading apartment prices, without treating the whole city as a single uniform market.

In October 2026, the clearest signal for Siena apartments is the gap between a monthly rise in the average price per square metre and a weaker annual comparison. At €2,850 per square metre, the average is up 5.0% from the previous month but down 3.4% from a year earlier. The recent increase is worth noting, yet it does not by itself establish a sustained rise. The shorter and longer comparisons point in different directions.

That distinction matters when interpreting the price movement. The per-square-metre average rose during the month while the average sale price was unchanged. These measures describe different aspects of pricing, so the movement in one should not be taken as evidence that every apartment has become more expensive. For investors, the tension is between a firmer latest reading and an annual comparison that remains lower.

The reported yield is 4.75%, providing an income reference alongside the price data. It is a market snapshot, not a forecast of returns for an individual purchase. October’s rise in the per-square-metre average is the immediate development to watch, while the year-on-year decline argues for caution about calling it a broader turnaround.