Property Prices in Florence, Italy

Index Info
Price to Income Ratio: 14.72
Mortgage as Percentage of Income: 87.27%
Loan Affordability Index: 1.15
Price to Rent Ratio - City Centre: 28.27
Price to Rent Ratio - Outside of Centre: 24.93
Gross Rental Yield (City Centre): 3.54%
Gross Rental Yield (Outside of Centre): 4.01%
Rent Per Month
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Apartment (1 bedroom) in City Centre 840.91 € 700.00-1,000.00
Apartment (1 bedroom) Outside of Centre 625.00 € 500.00-700.00
Apartment (3 bedrooms) in City Centre 1,613.56 € 1,200.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,095.00 € 850.00-1,400.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 496.10 € 418.06-650.32
Price per Square Feet to Buy Apartment Outside of Centre 312.00 € 195.09-445.93
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,477.31 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.75 1.00-2.25

These data are based on 103 entries in the past 18 months from 18 different contributors.
Last update: March 2023

Sources and References
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