Property Prices in Parma, Italy

Index Info
Price to Income Ratio: 8.43
Mortgage as Percentage of Income: 65.87%
Loan Affordability Index: 1.52
Price to Rent Ratio - City Centre: 22.00
Price to Rent Ratio - Outside of Centre: 16.75
Gross Rental Yield (City Centre): 4.54%
Gross Rental Yield (Outside of Centre): 5.97%
Rent Per Month
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Apartment (1 bedroom) in City Centre 727.78 € 600.00-800.00
Apartment (1 bedroom) Outside of Centre 558.33 € 500.00-600.00
Apartment (3 bedrooms) in City Centre 1,336.00 € 1,100.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 988.33 € 850.00-1,300.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 327.48 € 232.26-464.51
Price per Square Feet to Buy Apartment Outside of Centre 188.13 € 167.22-241.55
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,645.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.83 4.50-4.90

These data are based on 69 entries in the past 18 months from 13 different contributors.
Last update: February 2025

Sources and References
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