Home, to buy Monza is more expensive than Rome and in Florence rents are higher than in Milan

Milan is the most expensive city to buy a flat, undoubtedly a fact that is not surprising. But it may instead be interesting to observe that Monza is well above Rome in the ranking, taking fourth place compared to the capital's eighth position. The ranking changes further if one takes into consideration the cost of rent: Florence requires a larger wallet than Milan and immediately after the Lombard capital comes another city in the same region, Como. Here, then, are the results of an elaboration conducted by Casa.it.

"The flat is the type most in demand by home seekers and prices vary greatly from city to city for both sale and rent, with an average annual growth in prices for this type in Italy's capital cities of 3.6% for sale and 9.1% for rent," the Casa.it analysis begins.

The portal has analysed the average asking prices for flats for sale and rent in Italy's capital cities by taking into account online listings as of September 2024 and has drawn up a ranking of where flats are most expensive and where they are most affordable. As far as flats for sale are concerned, Milan is the most expensive with an average price of 509,054 euro, which is about twice as much as the average for the capitals of 259,931 euro, surpassing Bolzano by 8%, which is in second place with 472,641 euro and Florence by 36%, in third place with 375,081 euro. In fourth place is Monza with €363,180, in fifth place Bergamo with €344,696, in sixth place Verona with €343,018, in seventh place Treviso with €338,082, in eighth place Rome with €334,281, in ninth place Trento (€331,439) and in tenth place Venice (€325,039).

For flats to rent, Florence is in first place with an average monthly rent of 1,999 euro compared to the average of the capitals of 1,363 euro, followed by Milan with 1,899 euro and Como with 1,818 euro. In fourth place is Rome with 1,574 euro, in fifth place Bologna with 1,366 euro, in sixth place Venice (1,267 euro), in seventh place Naples (1,190 euro), in eighth place Lucca (1,173 euro), in ninth place Massa with 1,159 euro and in tenth place Monza with 1,143 euro.

To buy a flat, the cheapest city according to Casa.it is Carbonia (Sardinia), where the average price is 82,697 euro with a gap to the most expensive city of 426,357 euro. The second cheapest city is Caltanissetta with 89,207 euro and the third Biella with 91,079 euro. In fourth place we find Alessandria with an average request of 98,715 euro, in fifth place Terni with 103,672 euro, in sixth place Trapani with 106,245 euro, in seventh place Chieti with 108,324 euro, in eighth place Rieti with 109,076 euro, in ninth place Vibo Valentia with 109,463 euro and in tenth place Taranto with 109,892 euro.