Istat has released the data on inflation recorded in May 2024, the statistical institute has detected an increase of 0.8% on an annual basis in the consumer price index. Same percentage also forFOI index, which will result in an increase, albeit limited, in the rents of tenants who have annual lease renewals. In Italy, you will have to pay on average around 6 euros more per month (and 72 euros per year). Let’s find out how much rents increase depending on the different Italian cities.
L’increase of inflation it is one of the most tangible effects for the finances of Italian families, above all for those they have the adaptation annual of canonAnd of lease annual (for 4+4 contracts). The most significant increases are those that Milanese tenants will have to deal with, who will see their monthly rent increase by 15 euros more per month compared to last year. In Rome, however, the monthly increase will be 9 euros on average.
This is the scenario that emerges from an analysis by idealista, the leading portal for technological development in Italy, which has calculated how much the increase in inflation will affect the adjustment of rental contracts for a three-room apartment based on the Consumer Price Index updated and published by Istat. The increase in inflation directly affects rental contracts linked to the FOI index, i.e. those that provide for duration formula 4+4.
The report focuses onanalysis of the average rents requested in the three-room apartments for rent advertisements published on idealista. In fact, this property size was specifically chosen for the study because it is the one most requested by families, the category on which the increase in inflation weighs most.
In Italy, the rent for a house with three rooms, as recorded in May 2023, was 750 euros per month. Tenants who have the annual adjustment calculated with the FOI inflation index of May 2024, therefore, will have to pay 6 euros more per month on average. However, depending on the area in which you live, the increases can also undergo very significant differences.
The scenario, in fact, changes markedly depending on the city examined (the report focused exclusively on the capitals and not on the provinces due to a much more substantial database) and on the average city rents.
The tenants who will suffer the most noticeable increases in rent are those of Milan (+15 euros per month and 180 euros more per year). This is easily imaginable if we consider that the Lombardy capital is also permanently the one with the most expensive average rent in Italy.
Rents will increase by around 10 euros per month (120 per year) for tenants who have the annual renewal of the rent residing in Venice, Bologna, Bolzano and Florence. While in Rome and Como the increases will be around 9 euros per month (and 108 per year).
Among the capitals of the South, we note the increases of 7 euros per month recorded in Naples and Bari. More generally, limited increases were recorded (not exceeding 3 euros per month) in: Terni, Reggio Calabria, Alessandria, Asti, Carbonia, Caltanissetta, Vibo Valentia, Biella, Lanusei, Enna.
