Gross rental yields in Italy: Rome, Milan and 5 other cities
Average gross rental yield in Italy stands at 6.61% (Q3, 2026). Previously, in Q1 2026, the rental yield was 7.23%.
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 | |||
| Centro | €329,500 | €1,400 | 5.10% |
| 1-Bedroom | €462,500 | €2,200 | 5.71% |
| 2-Bedroom | €695,000 | €2,800 | 4.83% |
| 3-Bedroom | €800,000 | €3,300 | 4.95% |
| 4+Bedroom | €1,550,000 | €6,000 | 4.65% |
| All Locations | |||
| Studio | €159,000 | €1,000 | 7.55% |
| 1-Bedroom | €235,000 | €1,400 | 7.15% |
| 2-Bedroom | €287,000 | €1,600 | 6.69% |
| 3-Bedroom | €419,000 | €2,100 | 6.01% |
| 4+Bedroom | €650,000 | €3,000 | 5.54% |
| Rome avg. Rental Yields | 6.59% | ||
| MILAN - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Garibaldi-Porta Venezia | |||
| Studio | €290,000 | €1,000 | 4.14% |
| 1-Bedroom | €430,000 | €1,500 | 4.19% |
| 2-Bedroom | €658,000 | €2,200 | 4.01% |
| 3-Bedroom | €1,085,000 | €3,000 | 3.32% |
| 4+Bedroom | €1,650,000 | €5,700 | 4.15% |
| Greco-Turro | |||
| Studio | €179,500 | €850 | 5.68% |
| 1-Bedroom | €258,500 | €1,100 | 5.11% |
| 2-Bedroom | €379,000 | €1,500 | 4.75% |
| Comasina-Bicocca | |||
| Studio | €171,000 | €850 | 5.96% |
| 1-Bedroom | €250,000 | €1,100 | 5.28% |
| 2-Bedroom | €350,000 | €1,300 | 4.46% |
| Fiera-De Angeli | |||
| Studio | €264,500 | €1,000 | 4.54% |
| 1-Bedroom | €398,000 | €1,350 | 4.07% |
| 2-Bedroom | €650,000 | €2,100 | 3.88% |
| 3-Bedroom | €1,100,000 | €3,200 | 3.49% |
| 4+Bedroom | €1,565,000 | €6,250 | 4.79% |
| Lorenteggio-Bande Nere | |||
| Studio | €199,000 | €900 | 5.43% |
| 1-Bedroom | €285,000 | €1,150 | 4.84% |
| 2-Bedroom | €415,000 | €1,400 | 4.05% |
| Navigli-Bocconi | |||
| Studio | €265,500 | €900 | 4.07% |
| 1-Bedroom | €387,000 | €1,380 | 4.28% |
| 2-Bedroom | €640,000 | €2,000 | 3.75% |
| 3-Bedroom | €975,000 | €2,700 | 3.32% |
| Porta Vittoria | |||
| Studio | €210,000 | €1,000 | 5.71% |
| 1-Bedroom | €325,000 | €1,400 | 5.17% |
| 2-Bedroom | €590,000 | €2,070 | 4.21% |
| 3-Bedroom | €849,500 | €2,700 | 3.81% |
| Centro Storico | |||
| 1-Bedroom | €840,000 | €2,300 | 3.29% |
| 2-Bedroom | €1,249,500 | €3,000 | 2.88% |
| 3-Bedroom | €1,675,000 | €5,000 | 3.58% |
| 4+Bedroom | €3,250,000 | €7,000 | 2.58% |
| Milan (all locations) | |||
| Studio | €215,000 | €950 | 5.30% |
| 1-Bedroom | €300,000 | €1,450 | 5.80% |
| 2-Bedroom | €442,000 | €1,840 | 5.00% |
| 3-Bedroom | €680,000 | €2,700 | 4.76% |
| 4+Bedroom | €1,348,000 | €4,500 | 4.01% |
| Milan avg. Rental Yields | 4.97% | ||
| FLORENCE - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Centro | |||
| 1-Bedroom | €278,000 | €1,400 | 6.04% |
| 2-Bedroom | €380,000 | €1,500 | 4.74% |
| 3-Bedroom | €480,000 | €2,000 | 5.00% |
| 4+Bedroom | €890,000 | €3,500 | 4.72% |
| Florence (all locations) | |||
| Studio | €238,000 | €1,030 | 5.19% |
| 1-Bedroom | €265,000 | €1,250 | 5.66% |
| 2-Bedroom | €325,000 | €1,400 | 5.17% |
| 3-Bedroom | €380,000 | €1,660 | 5.24% |
| 4+Bedroom | €650,000 | €2,700 | 4.98% |
| Florence avg. Rental Yields | 5.25% | ||
| TURIN - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Centro | |||
| Studio | €194,000 | €650 | 4.02% |
| 1-Bedroom | €265,000 | €1,000 | 4.53% |
| 2-Bedroom | €366,500 | €1,300 | 4.26% |
| 3-Bedroom | €580,000 | €1,600 | 3.31% |
| 4+Bedroom | €800,000 | €2,500 | 3.75% |
| Turin (all locations) | |||
| Studio | €108,000 | €600 | 6.67% |
| 1-Bedroom | €109,000 | €750 | 8.26% |
| 2-Bedroom | €159,000 | €950 | 7.17% |
| 3-Bedroom | €245,000 | €1,250 | 6.12% |
| 4+Bedroom | €404,000 | €1,800 | 5.35% |
| Turin avg. Rental Yields | 6.71% | ||
| PALERMO - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Palermo (all locations) | |||
| Studio | €64,000 | €510 | 9.56% |
| 1-Bedroom | €85,000 | €700 | 9.88% |
| 2-Bedroom | €123,000 | €800 | 7.80% |
| 3-Bedroom | €158,000 | €900 | 6.84% |
| 4+Bedroom | €258,000 | €1,100 | 5.12% |
| Palermo avg. Rental Yields | 7.84% | ||
| NAPLES - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Naples (all locations) | |||
| Studio | €79,500 | €650 | 9.81% |
| 1-Bedroom | €153,500 | €900 | 7.04% |
| 2-Bedroom | €235,000 | €1,000 | 5.11% |
| 3-Bedroom | €345,000 | €1,390 | 4.83% |
| 4+Bedroom | €595,000 | €2,000 | 4.03% |
| Naples avg. Rental Yields | 6.16% | ||
| CATANIA - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| CATANIA (all locations) | |||
| Studio | €55,000 | €500 | 10.91% |
| 1-Bedroom | €70,500 | €600 | 10.21% |
| 2-Bedroom | €115,000 | €750 | 7.83% |
| 3-Bedroom | €149,000 | €900 | 7.25% |
| 4+Bedroom | €199,000 | €1,250 | 7.54% |
| Catania avg. Rental Yields | 8.75% | ||
| 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.
