Property Prices in Florence, Italy

Index Info
Price to Income Ratio: 13.28
Mortgage as Percentage of Income: 96.23%
Loan Affordability Index: 1.04
Price to Rent Ratio - City Centre: 23.84
Price to Rent Ratio - Outside of Centre: 23.55
Gross Rental Yield (City Centre): 4.19%
Gross Rental Yield (Outside of Centre): 4.25%
Rent Per Month
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Apartment (1 bedroom) in City Centre 973.91 € 800.00-1,400.00
Apartment (1 bedroom) Outside of Centre 727.27 € 500.00-950.00
Apartment (3 bedrooms) in City Centre 1,953.60 € 1,300.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,250.00 € 950.00-1,850.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 494.88 € 455.22-557.41
Price per Square Feet to Buy Apartment Outside of Centre 340.17 € 278.71-371.61
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,691.58 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.96 2.45-4.90

These data are based on 210 entries in the past 18 months from 35 different contributors.
Last update: January 2025

Sources and References
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