Gross rental yields in Italy: Rome, Milan and 5 other cities
Average gross rental yield in Italy stands at 7.23% (Q1, 2026). Previously, in Q3 2025, the rental yield was 7.25%.
Cities and areas compared
- Rome
- Milan
- Florence
- Turin
- Palermo
- Naples
- Catania
Historical rental yields in Italy
| ROME - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Centro | |||
| 1-Bedroom | €472,500 | €2,170 | 5.51% |
| 2-Bedroom | €695,000 | €3,000 | 5.18% |
| 3-Bedroom | €817,500 | €3,500 | 5.14% |
| 4+Bedroom | €1,697,500 | €4,500 | 3.18% |
| All Locations | |||
| Studio | €149,000 | €1,000 | 8.05% |
| 1-Bedroom | €225,000 | €1,450 | 7.73% |
| 2-Bedroom | €272,000 | €1,700 | 7.50% |
| 3-Bedroom | €389,000 | €2,150 | 6.63% |
| 4+Bedroom | €631,000 | €3,000 | 5.71% |
| Rome avg. Rental Yields | 7.12% | ||
| MILAN - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Garibaldi-Porta Venezia | |||
| Studio | €319,000 | €1,110 | 4.18% |
| 1-Bedroom | €440,000 | €1,700 | 4.64% |
| 2-Bedroom | €690,000 | €2,330 | 4.05% |
| 3-Bedroom | €985,000 | €3,500 | 4.26% |
| 4+Bedroom | €1,600,000 | €4,960 | 3.72% |
| Greco-Turro | |||
| Studio | €175,000 | €950 | 6.51% |
| 1-Bedroom | €260,000 | €1,150 | 5.31% |
| 2-Bedroom | €395,000 | €1,450 | 4.41% |
| Comasina-Bicocca | |||
| Studio | €181,500 | €950 | 6.28% |
| 1-Bedroom | €249,000 | €1,100 | 5.30% |
| 2-Bedroom | €415,700 | €1,460 | 4.21% |
| Fiera-De Angeli | |||
| Studio | €264,000 | €1,100 | 5.00% |
| 1-Bedroom | €417,500 | €1,500 | 4.31% |
| 2-Bedroom | €680,000 | €2,250 | 3.97% |
| 3-Bedroom | €1,099,500 | €3,300 | 3.60% |
| 4+Bedroom | €1,550,000 | €5,000 | 3.87% |
| Lorenteggio-Bande Nere | |||
| Studio | €195,000 | €900 | 5.54% |
| 1-Bedroom | €279,500 | €1,200 | 5.15% |
| 2-Bedroom | €399,000 | €1,500 | 4.51% |
| Navigli-Bocconi | |||
| Studio | €270,000 | €1,050 | 4.67% |
| 1-Bedroom | €370,000 | €1,420 | 4.61% |
| 2-Bedroom | €645,000 | €2,130 | 3.96% |
| 3-Bedroom | €940,000 | €2,920 | 3.73% |
| Porta Vittoria | |||
| Studio | €224,500 | €1,090 | 5.83% |
| 1-Bedroom | €329,000 | €1,420 | 5.18% |
| 2-Bedroom | €595,000 | €2,200 | 4.44% |
| 3-Bedroom | €850,000 | €2,700 | 3.81% |
| Centro Storico | |||
| 1-Bedroom | €770,000 | €2,500 | 3.90% |
| 2-Bedroom | €1,225,000 | €3,200 | 3.13% |
| 3-Bedroom | €2,200,000 | €7,000 | 3.82% |
| 4+Bedroom | €3,185,000 | €7,400 | 2.79% |
| Milan (all locations) | |||
| Studio | €219,000 | €1,000 | 5.48% |
| 1-Bedroom | €310,000 | €1,500 | 5.81% |
| 2-Bedroom | €455,000 | €2,000 | 5.27% |
| 3-Bedroom | €690,000 | €3,000 | 5.22% |
| 4+Bedroom | €1,280,000 | €4,800 | 4.50% |
| Milan avg. Rental Yields | 5.26% | ||
| FLORENCE - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Centro | |||
| 1-Bedroom | €325,000 | €1,500 | 5.54% |
| 2-Bedroom | €390,000 | €1,750 | 5.38% |
| 3-Bedroom | €480,000 | €2,200 | 5.50% |
| 4+Bedroom | €840,000 | €4,500 | 6.43% |
| Florence (all locations) | |||
| Studio | €210,000 | €1,150 | 6.57% |
| 1-Bedroom | €260,000 | €1,400 | 6.46% |
| 2-Bedroom | €349,000 | €1,500 | 5.16% |
| 3-Bedroom | €380,000 | €1,800 | 5.68% |
| 4+Bedroom | €649,000 | €3,000 | 5.55% |
| Florence avg. Rental Yields | 5.88% | ||
| TURIN - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Centro | |||
| Studio | €220,000 | €800 | 4.36% |
| 1-Bedroom | €255,000 | €1,200 | 5.65% |
| 2-Bedroom | €359,500 | €1,300 | 4.34% |
| 3-Bedroom | €520,000 | €1,650 | 3.81% |
| 4+Bedroom | €800,000 | €2,200 | 3.30% |
| Turin (all locations) | |||
| Studio | €89,000 | €600 | 8.09% |
| 1-Bedroom | €99,000 | €850 | 10.30% |
| 2-Bedroom | €150,000 | €1,000 | 8.00% |
| 3-Bedroom | €239,000 | €1,300 | 6.53% |
| 4+Bedroom | €395,000 | €1,800 | 5.47% |
| Turin avg. Rental Yields | 7.68% | ||
| PALERMO - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Palermo (all locations) | |||
| Studio | €60,000 | €550 | 11.00% |
| 1-Bedroom | €85,000 | €700 | 9.88% |
| 2-Bedroom | €115,000 | €800 | 8.35% |
| 3-Bedroom | €149,000 | €850 | 6.85% |
| 4+Bedroom | €255,000 | €1,100 | 5.18% |
| Palermo avg. Rental Yields | 8.25% | ||
| NAPLES - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Naples (all locations) | |||
| Studio | €70,000 | €700 | 12.00% |
| 1-Bedroom | €145,500 | €950 | 7.84% |
| 2-Bedroom | €233,000 | €1,200 | 6.18% |
| 3-Bedroom | €330,000 | €1,500 | 5.45% |
| 4+Bedroom | €595,000 | €2,300 | 4.64% |
| Naples avg. Rental Yields | 7.22% | ||
| CATANIA - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| CATANIA (all locations) | |||
| Studio | €51,000 | €510 | 12.00% |
| 1-Bedroom | €70,000 | €650 | 11.14% |
| 2-Bedroom | €109,000 | €750 | 8.26% |
| 3-Bedroom | €145,000 | €850 | 7.03% |
| 4+Bedroom | €210,000 | €1,300 | 7.43% |
| Catania avg. Rental Yields | 9.17% | ||
| All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents' fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide and Idealista.it |
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View the full rental yield dataset (2022 - Present)
Research Methodology:
Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, and 3-bedroom properties across the largest cities in Italy, comparing median rental prices with median purchase prices to determine gross rental yields.
We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:
(Median Monthly Rent × 12) ÷ Median Purchase Price × 100
For example, if the median monthly rent is €500 and the median purchase price is €100,000, the yield is calculated as:
(€500 × 12) ÷ €100,000 = 6% Gross Rental Yield
Note: NET yields vary from country to country, but are usually 1.5-2% lower.
