Property Prices in Florence, Italy

Index Info
Price to Income Ratio: 13.40
Mortgage as Percentage of Income: 79.78%
Loan Affordability Index: 1.25
Price to Rent Ratio - City Centre: 26.18
Price to Rent Ratio - Outside of Centre: 22.53
Gross Rental Yield (City Centre): 3.82%
Gross Rental Yield (Outside of Centre): 4.44%
Rent Per Month
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Apartment (1 bedroom) in City Centre 766.36 € 700.00-1,000.00
Apartment (1 bedroom) Outside of Centre 597.08 € 500.00-700.00
Apartment (3 bedrooms) in City Centre 1,543.75 € 1,200.00-2,250.00
Apartment (3 bedrooms) Outside of Centre 1,059.38 € 900.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 428.40 € 371.61-469.16
Price per Square Feet to Buy Apartment Outside of Centre 270.86 € 232.26-325.16
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,404.55 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.79 1.00-2.00

These data are based on 193 entries in the past 18 months from 36 different contributors.
Last update: June 2021

Sources and References
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1 Comments so far
Judy on Mar 06, 2018:
I would love to visit Cortona, Italy and possibly rent an apartment to live there permanently. I need to know what a 2 bedroom apartment in that area would cost in comparison to what I pay in the USA ($1,022.00/month). It would be nice to know beforehand if a big move like that would be good for me.