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Milan is the most expensive city in Italy to rent single rooms

Milan leads the ranking of cities with the highest rents for single rooms, exceeding the national average by more than 27%.

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Milan is the most expensive city in Italy to rent single rooms
Milan is the most expensive city in Italy to rent single rooms | Photo: Depositphotos

Milan is the most expensive city for renting single rooms, according to a report by Immobiliare.it released this Tuesday (20.08.24). The study revealed that the Average monthly rent in the city is 637 euros, exceeding the national average by 176 euros, which is 461 euros.

The most expensive neighborhoods in Milan include Garibaldi, Moscova and Porta Nuova, where the rent for a single room reaches 747 euros per month on average. Next come the regions of Porta Romana and Centrale-Repubblica, with prices around 720 euros per month.

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In addition to Milan, the ranking of the five most expensive cities for renting single rooms in Italy is completed by Bologna (506€), Rome (503€), Florence (493€) and Bergamo (448€).

A room in charming Florence, Tuscany, costs around 493 euros per month
A room in charming Florence, Tuscany, costs around 493 euros per month | Photo: Depositphotos

The report also highlighted that the national average for single room rent in Italy increased by 7% in August 2024, compared to the same month the previous year.

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