Are you considering moving to Rome? One of the most important factors to consider when relocating is the cost of housing.
Rome, the capital city of Italy, is known for its rich history and stunning architecture. But what about the average cost of housing in this beautiful city?
Average Housing Cost in Rome
Rome is a popular tourist destination and a sought-after place to live. However, the cost of housing can vary greatly depending on various factors such as location, size, and condition of the property.
1. Rental Prices
If you are planning to rent a property in Rome, be prepared for relatively high prices. On average, a one-bedroom apartment in the city center can cost around €1,200 – €1,800 per month. For a three-bedroom apartment in the same area, you can expect to pay around €2,500 – €3,500 per month.
Note: These prices are approximate and can vary depending on specific neighborhoods and other factors.
2. Buying Prices
If you are interested in purchasing a property in Rome, it’s important to note that property prices can be quite high compared to other cities in Italy. The average price per square meter in the city center is around €7,000 – €10,000. In outlying areas or suburbs of Rome, prices may be slightly lower at around €4,000 – €6,000 per square meter.
Determining Factors for Housing Costs
The housing costs mentioned above are just averages and can vary depending on several factors such as:
- Location: Properties located in prestigious neighborhoods or near major attractions tend to have higher prices.
- Size: Larger properties generally come with a higher price tag.
- Condition: Newly renovated or well-maintained properties may be more expensive compared to older ones that require renovation.
Tips for Finding Affordable Housing
If you’re looking for more affordable housing options in Rome, consider the following tips:
- Explore Outlying Areas: Look for properties in neighborhoods outside the city center where prices are typically lower.
- Consider Roommates: Sharing a larger apartment with roommates can help reduce the cost of rent.
- Search Online: Utilize online platforms and real estate websites to find the best deals and compare prices.
In Conclusion
The average housing cost in Rome can be relatively high compared to other cities in Italy. Rental prices range from €1,200 to €3,500 per month, while buying prices average around €4,000 to €10,000 per square meter. However, by considering factors like location, size, and condition of the property and exploring affordable options outside the city center, you can find housing that fits your budget in this captivating city.
If you’re planning a move to Rome, it’s essential to research and budget accordingly. With proper planning and knowledge of the housing market, you can find a place to call home without breaking the bank!