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Rental Housing is Getting More Expensive in Italy

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In July 2022, the rent for housing in the country increased by 1.6% monthly and by 6.7% year-on-year.

According to Idealista, in July 2022, the rent for housing in Italy increased by 1.6% monthly and by 6.7% year-on-year. The average price was €12.2 per sq.m. per month.

Regions. The average rental price increased in all regions except Emilia-Romagna (-0.2%). Otherwise, positive trends range from double-digit indicators in the Aosta Valley (+10.7%) and Molise (+10.3%) to clearly more moderate in Sicily, Lombardy (+0.8%), Campania (+0.6%), Trentino Alto Adige (+0.5%) and Tuscany (+0.2%).

Starting this month, Aosta Valley (€17.6 per sq.m.) becomes the most expensive region due to the growth influenced by the degree of the phenomenon of short-term rentals in the summer season. It is followed by Lombardy (€15.8), Tuscany (€14.9), Trentino Alto Adige (€13.6), Emilia Romagna (€13.3) and Lazio (€13). The cheapest regions are Umbria (€6,7), Basilicata and Sicily (both €7,3).

Provinces. In 10 provinces, double-digit rate increases were recorded in July, from a recovery of 16.3% in Ascoli Piceno to 10.3% in Salerno. Another 69 provinces range from 9.9% (Rieti) to 0.2% (Forli-Cesena). On the other hand, Crotone (-7.7%), Massa (-5.9%) and Rimini (-3%) note the worst monthly trend.

Rimini (€30.6 per sq.m.), Lucca (€26.8) and Ravenna (€24.7) are the most expensive provinces also due to the asking prices, which were influenced by the high demand for short-term rentals for business or tourism. On the other hand, the cheapest province is Benevento (€4.8), which precedes Caltanissetta (€4.9) and Enna (€5).

Capitals. Urban markets are dominated by positive changes due to double-digit growth in Verona (+10%). Traditionally, more dynamic areas on the rental front are experiencing a stagnation phase, as evidenced by stable values in Rome and Milan, while recovery of about 1.1% and 0.5%, respectively, was recorded in Naples and Turin. In the downward part, the Agrigento market (-12%) suffered the most from negative changes, ahead of Bolzano (-7.7%), Massa (-6.6%) and Udine (-5.1%).

Milan (€20 per sq.m.) is recognized as the most expensive city for tenants, followed by Massa (€15.9), Venice (€15.9), Bologna (€15.6) and Florence (€15.1). On the other hand, Agrigento becomes the cheapest city with €4.4 per month ahead of the Calabrian capitals of Reggio Calabria and Cosenza (both €5).

Real estate for rent in Italy:
Studio for 150 euro per day in San Remo, Italy
150 € per day
Studio in San Remo, Italy
40 sq.m 1 1
Elegant apartment located on the top 4th floor with lift in the prestigious building with concierge service and small garden at the entrance, practically in front of the Casino and a few steps from the sea. Apartment in the center of Sanremo, at the beginning of Corso degli Inglesi. 40 sqm open space apartment, facing south / north and recently...
Immobiliare Europa Sanremo Srl
Apartment for 3 500 euro per month in Rome, Italy
3 500 € per month
Apartment in Rome, Italy
110 sq.m 2 2
viewings and rentals are possible from November 15th. The apartment will be fully renovated with a chic finish and a new kitchen the very center of Rome, an elegant street next to the Vatican. Historic building with elevator. Bright 3rd floor. 110 sq m Bright salon with large windows (facing Borgo Pio street) high ceilings, wooden beams
Real Casa Italy
Penthouse for 12 000 euro per month in Rome, Italy
12 000 € per month
Penthouse in Rome, Italy
230 sq.m 4 5
Rome, in the splendid Pinciano district we offer for rent an elegant, bright and panoramic apartment of approximately 230 m2, located on the third floor of a historic villa with a park, unique in its kind. The particular attention paid to the renovation and the conservative use of the materials present in the building have made this apartment a...
Real Casa Italy
Villa for 60 000 euro per month in Forte dei Marmi, Italy
60 000 € per month
Villa in Forte dei Marmi, Italy
200 sq.m 6 4 5
Villa for rent in the heart of Forte dei Marmi with a beautiful garden, fully furnished, equipped with air conditioning and Wi-Fi. The property spans two levels, featuring four double bedrooms, each with its own bathroom, and an additional half-bathroom on the ground floor. It includes a splendid double living area, a fully equipped kitchen with...
Agenzia le case
Flat for 1 400 euro per month in Milan, Italy
1 400 € per month
Flat in Milan, Italy
55 sq.m 2 1 1
This two-room apartment is situated on the first floor of the building with the elevator. Rennovated in 2015, while bathroom has benn completely redone by January 2024. This comfortable flat has the following structure: -the entrance leads to the living room with the inner open kitchen on the left and the bathroom with spacy shower cabin,...
Il Globo Real Estate Lake Como
Villa in San Felice Circeo, Italy (price on request)
Price on request
Villa in San Felice Circeo, Italy
300 sq.m 7 7
Remote Transaction
50 mt from the sandy beach with a long sunset. The villa is part of a prestigious residential complex. A closed protected area where children can move freely and go to the beach themselves. The beach is both paid and free. There is a restaurant on the beach. At the entrance to the residential complex there is an ice cream shop, a fish...
Real Casa Italy
Villa for 50 000 euro per month in San Felice Circeo, Italy
50 000 € per month
Villa in San Felice Circeo, Italy
500 sq.m 4 3
Luxury villa with pool and sea view 2-level prestigious villa in perfect condition large spacious living room, dining room, kitchen 2 bedrooms and 2 bathrooms on the lower level (with access to the pool) there are two more bedrooms, 1 bathroom, dressing room
Real Casa Italy

Source: Idealista 
Photo by Dan Novac on Unsplash

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