House Prices: Rome Accelerates, Milan Slows Down

House Price Trends in Rome and Milan According to Idealista

The residential property markets in Italy’s two largest cities are developing differently. According to the latest research from Idealista, the country’s leading real estate platform, the capital has seen a noticeable acceleration in price growth: in the first quarter, housing prices increased by 1.9%, and over the past twelve months – by 7.8%. In Milan, the situation is different: growth remains positive, but the pace has slowed significantly, amounting to only 0.2% for the quarter and 4.1% year-on-year.

In Rome, prices have grown by 7.8% over the year

The first quarter of the year turned out to be successful for the Roman real estate market, which continues to show a steady increase in housing values. Over the past three months, the average price per square meter has increased by 1.9%, reaching €3,369.

The dynamics are even more noticeable in year-on-year comparison: over the past twelve months, housing prices have increased by 7.8%. In monthly terms, the growth was 1.3%. These data are presented in a new report by the Idealista research department.

The situation in Rome's districts

A study of 27 city districts shows that prices continue to rise in most of them. Of all the locations analyzed, positive dynamics were recorded in 23 districts.

The most significant growth was noted in the Aurelio district, where housing prices increased by 4.3%. It is followed by Parioli with a figure of 2.4% and the historic city center, where prices increased by 2.1%. The Gianicolense–La Pisana and Casal Palocco–Infernetto districts are in line with the city average, showing a growth of 1.9%.

In the other districts, the increase was more moderate – from 1.7% in the EUR–Torrino–Giuliano Dalmata zone to 0.1% in the Ottavia–Primavalle district. The Labaro–Prima Porta district remained virtually unchanged. Price declines were recorded in Prati (-1.8%), Ardeatino–Appio Pignatelli–Cecchignola (-0.9%), and Trigoria–Castel di Leva (-0.2%).

The historic center remains the most expensive district of Rome, with an average price of €7,737 per square meter. Next come Parioli, at €6,278 per square meter, and Prati, at €6,229.

High prices are also seen in the districts of Nomentano Tiburtino, where the average price reaches €5,213 per square meter, and Appio Latino, at €4,579. Eight more districts exceed the city average of €3,369 per square meter. In these areas, prices range from €4,178 in Cassia Flaminia to €3,607 in Torrino Giuliano Dalmata.

The rest of the capital's districts are below average. Here, housing prices range from €3,338 per square meter in the Portuense-Magliana area to €2,077 in the Roma Est-Autostrade area, which remains the most affordable for buyers.

Province of Rome

The real estate market in the province is also showing positive dynamics. Over the quarter, prices increased by 1.3%, and the average price per square meter reached €2,612. In annual terms, growth was 6.3%, which confirms the sustainable development of the market.

Of the 64 municipalities studied, price increases were noted in 58% of cases. The best dynamics were shown by Lanuvio (+8.5%), Castel Gandolfo (+7.1%) and Civitavecchia (+4.8%). In other localities, the increase was less pronounced, ranging from 3.5% in Sant'Angelo Romano to 0.1% in Albano Laziale.

In some municipalities, such as Capena and Bellegra, prices remained virtually unchanged. At the same time, 25 localities showed a decrease in housing prices. The most significant falls were observed in Trevignano Romano (-4.7%), Segni (-3.9%), and Ariccia (-3.6%).

Frascati remains the most expensive municipality in the province, where the average price reaches €2,829 per square meter. It is followed by Grottaferrata with €2,685 and Fiumicino with €2,649. The most affordable housing is offered in Agosta, where the average price is only 695 euros per square meter.

Milan: price growth slowed to 0.2%

In the first quarter of 2026, the Milan real estate market continued to grow, but the rate of price increase was significantly lower than before. Over three months, the average price of housing increased by only 0.2%, reaching 5,192 euros per square meter.

According to analysts at Idealista, despite the slowdown in quarterly dynamics, annual indicators remain confidently positive. Compared to the first quarter of 2025, prices increased by 4.1%. At the same time, a slight decrease of 0.1% was recorded at the end of the month.

Milan Districts

Of the 18 districts studied, 14 saw an increase in housing prices. The most significant increase was recorded in the Baggio district, where prices rose by 5.5%. English: They are followed by Corvetto-Rogoredo (+3.1%) and Lorenteggio-Bande Nere (+2.9%).

Prices also increased by more than 1% in the Porta Vittoria (+1.4%) and Garibaldi-Porta Venezia (+1%) districts. In other districts, the growth was less noticeable - from 0.9% in the Greco-Turro zone to 0.1% in the historic center.

Price decreases were noted in the Vigentino-Ripamonti (-1.4%), San Siro-Trenno-Figino (-1.3%), as well as Navigli-Bocconi and Certosa, where housing prices decreased by 1.1%.

The historic center of Milan maintains its status as the most expensive part of the city with an average price of 11,139 euros per square meter. Next come the districts of Garibaldi-Porta Venezia (€7,385), Fiera De Angeli (€7,257), Navigli-Bocconi (€6,916) and Porta Vittoria (€6,399).

The remaining districts are below the city average. The price per square meter here ranges from €4,957 in the Città Studi-Lambrate district to €3,097 in Vialba-Gallaratese, which remains the most affordable area for buying a home.

Province of Milan

The Milan metropolitan area is also showing strong growth. In the first quarter of 2026, prices increased by 1.1%, and the average price per square meter reached approximately €3,751. In annual terms, growth was 8.3%.

Most municipalities showed positive dynamics: out of 97 settlements studied, price increases were recorded in 72% of cases. The most impressive results were shown by Cerro Maggiore (+7.6%), Melegnano (+6.9%) and Turbigo (+6.4%).

Significant growth was also observed in San Vittore Olona (+6.3%), Gaggiano (+5.7%), Inveruno (+5.6%), Villa Cortese (+5.5%), Cesano Boscone (+5.4%), Motta Visconti (+5.1%), Lainate (+5.1%) and Casorezzo (+5%).

The most noticeable price decreases were recorded in Carpiano (-8.9%), San Giorgio su Legnano (-8.1%) and Magnago (-5.5%).

Assago remains the most expensive municipality in the province, with an average cost of 3 965 euros per square meter. Next come Segrate (3,596 euros) and Cernusco sul Naviglio (3,385 euros). The most affordable housing is offered in Turbigo (1,190 euros per square meter), Buscate (1,193 euros), and Robecchetto con Induno (1,308 euros).