ItalyItaly

Apartment Gross Rental Yields in Italy: Milan, Rome and 10 Other Markets

Data updated monthly.Last update:July 2, 2026

Rental Yield Overview

Italy's apartment market shows an average gross rental yield of 8.3% in July 2026, against a median purchase price of €175,000 and median monthly rent of €1,000. Among the cities shown, yields range from 4.9% in Venice to 9.2% in Genoa and Catania, with apartment bedroom bands adding further variation within the main city markets.

Gross Rental Yield Table

The apartment figures pair median purchase price, median monthly rent, and annual gross rental yield across the main city markets. Rome shows 6.8% on a €300,000 median purchase price and €1,450 median monthly rent, while Venice is 4.9% at €470,000 and €1,650. The apartment bands also show clear differences within cities, especially in Milan, Rome, Florence, and Venice.

Read each market block by area and apartment segment, then compare median purchase price, median monthly rent, and Yield (p.a.).

Italy - Apartments Location Area / scope Property segmentCOST (€)Yield (p.a.) Yield (p.a.)
TO BUY Median Purchase PriceMONTHLY RENT MONTHLY RENT
All Italy
1-bedroom apartment€105,000€7508.6%
2-bedroom apartment€135,000€9908.8%
3-bedroom apartment€178,000€1,1007.4%
4+ bedroom apartment€199,000€1,2007.2%
Median€175,000€1,0008.3%
Milan - Apartments Location Area / scope Property segmentCOST (€)Yield (p.a.) Yield (p.a.)
TO BUY Median Purchase PriceMONTHLY RENT MONTHLY RENT
All Milan
1-bedroom apartment€215,000€9505.3%
2-bedroom apartment€299,000€1,2905.2%
3-bedroom apartment€450,000€1,8304.9%
4+ bedroom apartment€750,000€2,7204.3%
Median€378,000€1,3505.2%
1-bedroom apartment€290,000€1,0004.1%
2-bedroom apartment€435,000€1,5004.1%
3-bedroom apartment€675,000€2,2003.9%
4+ bedroom apartment€1,125,000€3,3303.6%
Median€600,000€1,6704.1%
1-bedroom apartment€175,000€8706%
2-bedroom apartment€260,000€1,1005.1%
3-bedroom apartment€379,000€1,4704.6%
4+ bedroom apartment€575,000€2,0004.2%
Median€309,000€1,1005.3%
1-bedroom apartment€270,000€1,0004.4%
2-bedroom apartment€399,000€1,3504.1%
3-bedroom apartment€650,000€2,0003.7%
4+ bedroom apartment€1,160,000€3,1703.3%
Median€549,500€1,5004%
Rome - Apartments Location Area / scope Property segmentCOST (€)Yield (p.a.) Yield (p.a.)
TO BUY Median Purchase PriceMONTHLY RENT MONTHLY RENT
All Rome
1-bedroom apartment€159,000€9807.4%
2-bedroom apartment€235,000€1,3006.6%
3-bedroom apartment€298,000€1,6006.4%
4+ bedroom apartment€460,000€2,3506.1%
Median€300,000€1,4506.8%
1-bedroom apartment€109,000€7308%
2-bedroom apartment€139,000€9508.2%
3-bedroom apartment€179,000€8505.7%
Median€169,000€8507.5%
1-bedroom apartment€304,000€1,3005.1%
2-bedroom apartment€470,000€2,0005.1%
3-bedroom apartment€697,500€2,6004.5%
4+ bedroom apartment€987,500€3,7504.6%
Median€690,000€2,3504.9%
2-bedroom apartment€230,000€1,1506%
3-bedroom apartment€307,000€1,3005.1%
4+ bedroom apartment€435,000€1,3003.6%
Median€298,000€1,2005.5%
Florence - Apartments Location Area / scope Property segmentCOST (€)Yield (p.a.) Yield (p.a.)
TO BUY Median Purchase PriceMONTHLY RENT MONTHLY RENT
All Florence
1-bedroom apartment€238,000€1,0505.3%
2-bedroom apartment€259,500€1,2505.8%
3-bedroom apartment€330,000€1,4005.1%
4+ bedroom apartment€470,000€2,0005.1%
Median€368,000€1,4505.4%
1-bedroom apartment€249,000€1,1005.3%
2-bedroom apartment€274,500€1,4006.1%
3-bedroom apartment€390,000€1,5004.6%
4+ bedroom apartment€620,000€2,4004.6%
Median€450,000€1,5505.2%
2-bedroom apartment€239,500€9504.8%
3-bedroom apartment€295,000€1,2004.9%
4+ bedroom apartment€367,500€1,5004.9%
Median€315,000€1,2005.1%
1-bedroom apartment€238,000€7904%
2-bedroom apartment€268,000€1,2005.4%
3-bedroom apartment€355,000€1,4004.7%
4+ bedroom apartment€520,000€2,0004.6%
Median€399,500€1,4304.9%
Venice - Apartments Location Area / scope Property segmentCOST (€)Yield (p.a.) Yield (p.a.)
TO BUY Median Purchase PriceMONTHLY RENT MONTHLY RENT
All Venice
1-bedroom apartment€215,000€1,3807.7%
2-bedroom apartment€325,000€1,5005.5%
3-bedroom apartment€397,000€1,5004.5%
4+ bedroom apartment€577,500€2,0004.2%
Median€470,000€1,6504.9%
2-bedroom apartment€330,000€1,5005.5%
3-bedroom apartment€415,000€1,4704.3%
4+ bedroom apartment€607,500€2,1504.2%
Median€510,000€1,6504.9%
4+ bedroom apartment€450,000€1,8004.8%
Median€430,000€1,8005.4%
Median€282,500€2,00010.9%
Bologna - Apartments Location Area / scope Property segmentCOST (€)Yield (p.a.) Yield (p.a.)
TO BUY Median Purchase PriceMONTHLY RENT MONTHLY RENT
All Bologna
1-bedroom apartment€195,000€8805.4%
2-bedroom apartment€225,000€1,0005.3%
3-bedroom apartment€287,000€1,2005%
4+ bedroom apartment€400,000€1,5004.5%
Median€293,000€1,1305.2%
1-bedroom apartment€218,000€9005%
2-bedroom apartment€250,000€1,1005.3%
3-bedroom apartment€364,000€1,3504.5%
4+ bedroom apartment€529,500€1,8004.1%
Median€348,000€1,2004.9%
2-bedroom apartment€185,000€9806.4%
Median€220,000€9805.7%
2-bedroom apartment€249,000€9504.6%
3-bedroom apartment€280,000€1,2305.3%
Median€279,000€1,0205.2%
Turin - Apartments Location Area / scope Property segmentCOST (€)Yield (p.a.) Yield (p.a.)
TO BUY Median Purchase PriceMONTHLY RENT MONTHLY RENT
All Turin
1-bedroom apartment€109,000€6006.6%
2-bedroom apartment€109,000€7508.3%
3-bedroom apartment€159,000€1,0007.5%
4+ bedroom apartment€270,000€1,4006.2%
Median€165,000€8507.7%
2-bedroom apartment€75,000€5508.8%
3-bedroom apartment€125,000€7006.7%
Median€115,000€6008.5%
1-bedroom apartment€74,000€5508.8%
2-bedroom apartment€120,000€7007%
3-bedroom apartment€188,500€9706.1%
4+ bedroom apartment€319,000€1,3505.1%
Median€189,000€7907.1%
2-bedroom apartment€69,000€5509.6%
3-bedroom apartment€109,000€7508.3%
Median€105,000€60011%
Naples - Apartments Location Area / scope Property segmentCOST (€)Yield (p.a.) Yield (p.a.)
TO BUY Median Purchase PriceMONTHLY RENT MONTHLY RENT
All Naples
1-bedroom apartment€88,500€7009.5%
2-bedroom apartment€150,000€9007.2%
3-bedroom apartment€230,500€1,1506%
4+ bedroom apartment€420,000€1,5504.4%
Median€255,000€9507.2%
1-bedroom apartment€90,000€7009.3%
2-bedroom apartment€155,000€8706.7%
3-bedroom apartment€229,000€1,0005.2%
4+ bedroom apartment€390,000€1,5004.6%
Median€240,000€8507.2%
1-bedroom apartment€122,500€7707.5%
2-bedroom apartment€235,000€1,0005.1%
3-bedroom apartment€380,000€1,3004.1%
4+ bedroom apartment€720,000€2,3003.8%
Median€495,000€1,2005.3%
2-bedroom apartment€145,000€7506.2%
3-bedroom apartment€222,500€9505.1%
4+ bedroom apartment€355,000€1,3304.5%
Median€237,500€8007.3%
Palermo - Apartments Location Area / scope Property segmentCOST (€)Yield (p.a.) Yield (p.a.)
TO BUY Median Purchase PriceMONTHLY RENT MONTHLY RENT
All Palermo
1-bedroom apartment€67,000€5509.9%
2-bedroom apartment€88,000€7009.5%
3-bedroom apartment€120,000€8008%
4+ bedroom apartment€189,000€1,0006.3%
Median€150,000€7508.8%
1-bedroom apartment€60,000€55011%
2-bedroom apartment€95,000€7509.5%
3-bedroom apartment€165,000€8506.2%
4+ bedroom apartment€297,000€1,1004.4%
Median€245,000€8008.1%
2-bedroom apartment€62,500€60011.5%
3-bedroom apartment€100,000€7008.4%
4+ bedroom apartment€180,000€8005.3%
Median€130,000€6609.8%
2-bedroom apartment€65,000€58010.7%
3-bedroom apartment€96,500€6508.1%
4+ bedroom apartment€161,000€7905.9%
Median€125,000€6508.4%
Bari - Apartments Location Area / scope Property segmentCOST (€)Yield (p.a.) Yield (p.a.)
TO BUY Median Purchase PriceMONTHLY RENT MONTHLY RENT
All Bari
1-bedroom apartment€92,450€6909%
2-bedroom apartment€138,000€8507.4%
3-bedroom apartment€230,000€1,0005.2%
4+ bedroom apartment€290,000€1,2305.1%
Median€215,000€9006.8%
1-bedroom apartment€85,000€71010%
2-bedroom apartment€130,000€8507.8%
3-bedroom apartment€225,000€1,1005.9%
4+ bedroom apartment€320,000€1,4005.3%
Median€198,000€8607.6%
2-bedroom apartment€150,000€8807%
3-bedroom apartment€235,000€9805%
4+ bedroom apartment€305,000€1,3005.1%
Median€220,000€9506.4%
2-bedroom apartment€177,500€8805.9%
3-bedroom apartment€249,000€1,1605.6%
4+ bedroom apartment€340,000€1,2004.2%
Median€287,500€9805.8%
Verona - Apartments Location Area / scope Property segmentCOST (€)Yield (p.a.) Yield (p.a.)
TO BUY Median Purchase PriceMONTHLY RENT MONTHLY RENT
All Verona
1-bedroom apartment€200,000€8505.1%
2-bedroom apartment€215,000€9005%
3-bedroom apartment€265,000€1,0004.5%
4+ bedroom apartment€336,000€1,3004.6%
Median€285,000€1,0005%
2-bedroom apartment€280,000€1,0004.3%
3-bedroom apartment€375,000€1,2003.8%
4+ bedroom apartment€580,000€1,6003.3%
Median€430,000€1,1604.1%
Median€240,000€1,0506.6%
3-bedroom apartment€340,000€1,2504.4%
4+ bedroom apartment€458,000€1,3003.4%
Median€395,000€1,1004.1%
Genoa - Apartments Location Area / scope Property segmentCOST (€)Yield (p.a.) Yield (p.a.)
TO BUY Median Purchase PriceMONTHLY RENT MONTHLY RENT
All Genoa
1-bedroom apartment€115,000€8008.3%
2-bedroom apartment€95,000€89011.2%
3-bedroom apartment€115,000€8508.9%
4+ bedroom apartment€154,000€1,0007.8%
Median€135,000€9009.2%
2-bedroom apartment€78,500€6509.9%
3-bedroom apartment€98,000€6007.3%
4+ bedroom apartment€129,000€8507.9%
Median€115,000€7008.3%
2-bedroom apartment€83,000€85012.3%
3-bedroom apartment€105,000€8009.1%
4+ bedroom apartment€139,000€8807.6%
Median€120,000€83010%
Median€78,000€75013.3%
Catania - Apartments Location Area / scope Property segmentCOST (€)Yield (p.a.) Yield (p.a.)
TO BUY Median Purchase PriceMONTHLY RENT MONTHLY RENT
All Catania
1-bedroom apartment€57,500€50010.4%
2-bedroom apartment€72,500€6009.9%
3-bedroom apartment€111,000€7608.2%
4+ bedroom apartment€169,000€9907%
Median€130,000€6909.2%
1-bedroom apartment€58,950€55011.2%
2-bedroom apartment€71,000€60010.1%
3-bedroom apartment€106,500€8009%
4+ bedroom apartment€180,000€1,1007.3%
Median€125,000€7009.7%
2-bedroom apartment€79,000€6309.5%
3-bedroom apartment€130,000€9008.3%
4+ bedroom apartment€202,500€1,0506.2%
Median€158,000€8008.8%
Median€110,000€5609.9%
Source: BestYieldFinder analysis of apartment median asking rent and apartment median listing price inputs. Yields are gross before taxes, repairs, management fees, vacancy, financing, and other ownership costs.

Historical Rental Yields in Italy

Over the 1-year period from August 2025 to July 2026, Italy's apartment gross rental yield moved from 8.8% at the start to 8.3% in the latest month. The series has generally eased from the late-2025 peak, with a brief recovery in early 2026 before settling back around the mid-8% range.

Aug 2025 to Jul 2026: Jul 2026 8.3% (-0.3% vs. Jun 2026).

Average Yields by Market

Across the city markets shown, apartment gross rental yields span from 4.9% in Venice to 9.2% in both Genoa and Catania. Palermo at 8.8%, Turin at 7.7%, and Rome and Bari at 6.8% sit between those extremes, while Milan, Bologna, and Florence cluster near the 5% to 5.4% area.

Selected public markets are compared by average gross rental yield.

Cities and Areas Compared

These selected city markets provide a direct comparison across Italy's apartment rental landscape, from higher-yield locations such as Genoa and Catania to lower-yield, higher-price markets such as Venice and Milan. Rome, Turin, Naples, Palermo, Bari, and Verona sit in the middle of that spread.

Continue Researching Italy

Continue from the Italy yield table into public BestYieldFinder city markets and related country reports.

Methodology

This report uses BestYieldFinder monthly country, city, region, and selected district report data for Italy, with apartments as the only comparison segment.

Apartment median monthly rent and apartment median purchase price are used to calculate gross rental yield.

Values are based on asking rent and listing price inputs. Net yields may be lower after taxes, repairs, management, vacancy, financing, and other ownership costs.

(Median Monthly Rent x 12) / Median Purchase Price x 100

Ygross=12xRmedPmedx100

Gross Rental Yield

Ygross

Annual rent divided by purchase price, shown as a percentage.

Median Rent

Rmed

Typical monthly asking rent in the selected market and segment.

Median Purchase Price

Pmed

Typical asking sale price in the selected market and segment.

Rmed is monthly rent and Pmed is purchase price. The result is gross yield before costs.NoteCity values are a weighted average of segment yields.

Methodology