Chiaia, Mergellina, was the area with the highest average residential rent in Naples, Italy, in 2024. In October that year, the square meter rent amounted to ***** euros per square meter - nearly **** euros above the city average. Conversely, Scampia, Secondigliano, and Capodichino offered cheaper dwelling options for their residents, with per-square-meter rent amounting to **** euros.

This statistic presents the average monthly rent for furnished dwellings in the Italian city of Naples in 2018, by number of rooms. According to the data, in 2018, one-room apartments in Naples cost on average 457 euros per month. Moreover, a two-room flat could reach an average monthly rent of 574 euros. When looking at bigger dwellings, a four-room apartment cost on average 842 euros per month.

The average square meter rent in Italy in October 2023 declined from the previous month, but was about 0.7 euros more expensive than the same period in 2022. In October 2023, renters paid on average 12.74 euros per square meter for a rental home. However, renting in some of Italy's northern regions, including Aosta Valley, Tuscany, and Lombardy, was much more expensive. City vs. Countryside It is not a secret that rental prices for residential real estate differ hugely between the city and the countryside. In Italy, Milan and Rome are among the most expensive areas for renters. According to data gathered in 2023, some districts of the two cities boasted an average rental price of over 20 euros per square meter. Southern Italy is more affordable In absolute terms, renting a dwelling in cities in southern Italy is more affordable. Even in the most affluent areas, rents in Palermo were not higher than 11 euros per square meter in late 2023. Moreover, in Naples renting a dwelling could cost between seven and 17 euros per square meter.

In 2019, via Montenapoleone in Milan ranked as the most expensive retail location in Italy. The average yearly rent in the Milanese luxury shopping street was as high as 13.7 thousand euros per square meter. Via Condotti in Rome came second in the ranking with an average yearly rent per square meter of 12.5 thousand euros. Calle San Moisè in Venice and via Roma in Florence completed the ranking. These shopping locations host the most famous luxury brands worldwide, which also makes them a popular attraction among tourists.

Retail spaces in Italian cities

When considering the average price for retail space in Italian cities, the scenario changes. In 2019, a square meter for retail space in Venice cost on average 4.3 thousand euros, making it the most expensive city in Italy for retailers. Milan, the Italian fashion capital, and Naples followed in the list, with an average price per square meter of 3.5 thousand and 2.9 thousand euros, respectively.

Prices for residential real estate in Italian cities

Considering the average price for residential properties in major Italian cities, the scenario is different once again. According to data from 2020, Milan was by far the most expensive city in Italy to purchase a residential property. In fact, people looking to buy an apartment or a house in the Italian capital of fashion could expect to pay on average 4.7 thousand euros per square meter. Florence followed in the ranking (four thousand euros per square meter), and Rome (3.2 thousand euros per square meter). Venice came fourth: purchasing a dwelling in the island city cost on average 3.1 thousand euros per square meter.

In 2024, Venice was the most expensive city to buy office space in Italy: the average price was 3,791 euros per square meter. According to the ranking, the second most expensive city was Milan, followed by Rome, and Naples. Overall, cities in southern Italy offered lower prices: office space in Catania, for example, cost on average 1,345 euros per square meter. Retail space more expensive than office space According to the same report, published by the Italian Revenue Agency (Agenzia delle Entrate), retail spaces are more expensive than office spaces. For example, one square meter for retail use in Venice cost as much as 4,779 euros in 2024, approximately 1000 euros more than office spaces. In Milan the gap was also similar to the one in Venice. Retailers there could expect to pay on average approximately 4,258 euros per square meter, around 600 euros more than the price asked for office spaces. Milan and Rome are prime locations Due to their population size and their role as the leading economic centers, Milan and Rome are the most well-off cities in the country. Thus, it should not come as a surprise that both cities boast the highest prices in all segments of the real estate market. In 2022, a new dwelling in Milan cost on average 4,214 euros per square meter; one in Rome approximately 3,359 euros per square meter.