Living in Italy: Top Cities Ranked by Rent Prices in 2025

As of May 2025, Italy’s residential rental market is undergoing rapid changes, influenced by tourism growth, urban revitalization, and shifting demand from both locals and expatriates. From Milan’s upscale skyscrapers to Turin’s student-friendly flats, rental prices vary dramatically across the country.

Milan – Italy’s Most Expensive Rental Market

Milan continues to top the list as Italy’s costliest city for renters. Driven by its reputation as a financial and fashion hub, rental prices remain high:

• Private room: €720/month
• Studio apartment: €1,250/month
• One-bedroom apartment: €1,800/month

In premium districts such as Brera and Porta Nuova, rents can soar past €3,400/month, solidifying Milan’s position as the priciest city nationwide.

Rome – Tight Supply Ahead of the 2025 Jubilee

With over 32 million visitors expected during the 2025 Catholic Jubilee, Rome’s long-term rental market is facing increased pressure. A surge in short-term holiday lets is pushing up prices:

• Studio apartments (central Rome): from €900/month
• One-bedroom apartments: average €1,200/month

Neighborhoods like Trastevere and Prati are experiencing particularly tight supply due to growing tourist demand.

Florence – High Turnover in a Cultural Capital

Florence remains a magnet for students and tourists, blending Renaissance charm with modern amenities. High demand is driving competitive pricing:

• Private room: €600/month
• Studio apartment: €1,050/month
• One-bedroom apartment: €1,600/month

The historic center and university areas remain top picks for international renters.

Bologna – Rapid Rent Growth Among Young Professionals

Bologna recorded one of the fastest rent increases nationwide, with a 16.7% year-on-year rise in 2024. Popular among researchers, freelancers, and university students:

• Three-room apartments: average €1,410/month

Districts such as San Donato and Porto-Saragozza are seeing strong demand.

Turin – Affordable Urban Living with Strong Appeal

Turin offers a more affordable lifestyle while maintaining quality amenities, attracting students and young families:

• Private room: €520/month
• Studio apartment: €724/month
• One-bedroom apartment: €950/month

Even with a 4% rent increase in 2024, Turin remains one of Italy’s most budget-friendly major cities.

Venice – Subsidized Rents to Retain Locals

Venice is introducing public housing initiatives to counter population decline, offering generous subsidies:

• Eligible families: pay €490/month for flats typically valued at €1,000/month

This is part of a broader plan to preserve long-term residency in a city dominated by tourism.

Southern Italy – Low-Cost Options in Naples and Palermo

Southern cities continue to provide some of the most affordable housing nationwide:

• Two-bedroom apartments: available for under €500/month

These locations remain popular among retirees, digital nomads, and locals seeking low-cost options.

Italy Rental Price Comparison – 2025

National Rental Trends and Yields

• Average gross rental yield (Italy): 7.56%
• Rome: Yields between 6.4% and 9.14%, depending on location and unit size

For broader context, Italy’s average gross rental yield compares favorably to many other Western European countries. For example, yields in France and Germany typically range between 3% and 5%, while Spain sees averages around 5.5% to 6.5%. This makes Italy relatively attractive to property investors seeking higher returns in the region.

• Average gross rental yield (Italy): 7.56%
• Rome: Yields between 6.4% and 9.14%, depending on location and unit size

Conclusion

Italy’s rental landscape in 2025 showcases a diverse market shaped by economic opportunity, lifestyle trends, and tourism. Whether it’s Milan’s elite districts, Venice’s social housing schemes, or Palermo’s low-cost living, Italy offers something for every type of tenant. As cities evolve, renters can find tailored solutions that match their budgets and aspirations.