Property Prices in Palermo, Italy

Index Info
Price to Income Ratio: 9.73
Mortgage as Percentage of Income: 75.21%
Loan Affordability Index: 1.33
Price to Rent Ratio - City Centre: 33.22
Price to Rent Ratio - Outside of Centre: 16.65
Gross Rental Yield (City Centre): 3.01%
Gross Rental Yield (Outside of Centre): 6.01%
Rent Per Month
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Apartment (1 bedroom) in City Centre 613.64 € 450.00-800.00
Apartment (1 bedroom) Outside of Centre 418.75 € 300.00-600.00
Apartment (3 bedrooms) in City Centre 857.78 € 650.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 693.75 € 600.00-1,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 371.61 € 185.80-650.32
Price per Square Feet to Buy Apartment Outside of Centre 136.26 € 83.61-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,405.19 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.72 3.80-4.90

These data are based on 78 entries in the past 18 months from 16 different contributors.
Last update: March 2025

Sources and References
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