Milan vs Florence

Property market comparison · AI-modeled estimates

Modeled price per m² in Florence is €1,000 lower than in Milan.

Modeled gross rental yield in Florence is 0.7 percentage points higher than in Milan.

Why compare these cities? Nearby in the same country · Similar property markets

Approximately 249 km apart by straight-line distance.

Market estimates in EUR. Total modeled return includes growth; it is not net rental income.
Metric Milan
Italy
Florence
Italy
Gross rental yield 4.8% 5.5%
Total modeled return (yield + growth) 7.8% 7.9%
Average property price €350,000 €375,000
Average monthly rent €1,500 €1,500
Price per m² €5,500 €4,500
Population 1,396,059 382,258
Market data updated 2026-11-082026-11-08

City-wide averages can reflect different property mixes. These estimates are not a like-for-like property valuation. See the methodology.

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