Property Prices in Modena, Italy

Index Info
Price to Income Ratio: 9.59
Mortgage as Percentage of Income: 71.03%
Loan Affordability Index: 1.41
Price to Rent Ratio - City Centre: 21.45
Price to Rent Ratio - Outside of Centre: 17.92
Gross Rental Yield (City Centre): 4.66%
Gross Rental Yield (Outside of Centre): 5.58%
Rent Per Month
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Apartment (1 bedroom) in City Centre 760.83 € 680.00-900.00
Apartment (1 bedroom) Outside of Centre 595.45 € 500.00-750.00
Apartment (3 bedrooms) in City Centre 1,425.00 € 1,000.00-1,900.00
Apartment (3 bedrooms) Outside of Centre 1,093.75 € 800.00-1,400.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 336.77 € 325.16-371.61
Price per Square Feet to Buy Apartment Outside of Centre 218.32 € 209.03-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,557.69 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.21 3.00-4.90

These data are based on 98 entries in the past 18 months from 20 different contributors.
Last update: January 2025

Sources and References
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1 Comments so far
Anthony Chuka Akosa on Jul 18, 2022:
How much does it cost to buy an apartment of 2 bedroom in Modena sonna sacca. Amendola or fratelli sorelli.