Property Prices in Palermo, Italy

Index Info
Price to Income Ratio: 6.48
Mortgage as Percentage of Income: 48.54%
Loan Affordability Index: 2.06
Price to Rent Ratio - City Centre: 17.64
Price to Rent Ratio - Outside of Centre: 12.99
Gross Rental Yield (City Centre): 5.67%
Gross Rental Yield (Outside of Centre): 7.70%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre €658.33 500.00-850.00
1 Bedroom Apartment Outside of City Centre €444.00 326.00-700.00
3 Bedroom Apartment in City Centre €990.00 820.00-2,500.00
3 Bedroom Apartment Outside of City Centre €649.40 597.00-1,500.00
Buy Apartment Price
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Price per Square Meter to Buy Apartment in City Centre €2,346.00 2,010.00-3,000.00
Price per Square Meter to Buy Apartment Outside of Centre €1,152.00 1,000.00-2,500.00
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) €1,348.84
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.34 3.20-4.90

These data are based on 60 entries from 11 contributors over the past 18 months.
Last update: 24 May 2026

Sources and References
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