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Expensive and sought-after places in Italy to rent a home in Q3 2023.

Expensive and sought-after places in Italy to rent a home in Q3 2023.

real estate for sale on Idealista (and more than 50 rental listings). Thanks to this analysis, a ranking of the 100 cities that generate the most leads (measured by the relative demand index) and the cities with the highest average rent. Let's find out how the rental market is doing in Italy.

The most expensive places to rent.

The most expensive city in Italy for those looking for rental accommodation in the third quarter of 2023 remains Forte dei Marmi, which is also the most expensive city to buy real estate (as in the previous quarter). The average cost of renting a residential unit here is 5,899 euros per month (up from the previous data). This claim confirms the exclusivity''of this resort town of Versilia. In second place, as in the previous quarter, is another town in the province of Lucca - Pietrasanta (average cost per month - 3,402 euros, down from the previous report). And third place goes to Riccione (2,795 euros per month).

The first three places of this particular ranking, as can be seen, are occupied by places with a large tourist influence, which inevitably affects the rental market. Just behind the pedestal, after Cervia (2,146 euros per month), are Ostuni (2,031 euros per month), Fiumicino (on the outskirts ofRome) and Massa.

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Also in the top 10 are Camaiore, Florence andMilan with an average rental demand of €1,532 per month in ads published on Idealista. Rome ranks 22nd (€1,262 per month). The most expensive city in Southern Italy''is the already mentioned Ostuni, where the average rent is 2,031 euros per month.

The most sought-after places to rent.

In addition, Idealista/data has developed an indicator that reflects the demand for rental housing in each region of Italy. This indicator is based on the number of contacts (emails and sharing) received for each listing. According to the relative demand index developed by Idealista/data, the highest demand for rental housing in the second quarter of 2023 is concentrated in Forlì, where each ad receives an average of 41.9 contacts. The podium of the ranking of the most sought-after cities is occupied by Reggio Emilia (37.6) and Padua (37.1). Also in the top 10 are Vigevano (35.3), Brescia (33.4), Verona (33.4), Cesena (33.0), Rome (32.8),''Prato (32.3) and Bologna (30.7).

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