Modena · Go deeper

Cost & housing

Modena — Cost & housing

Modena offers the prosperous Emilia quality of life at a slightly gentler price than refined Parma, and well below Florence or Milan. It’s a wealthy, sought-after city, so housing is firm but fair. One caution: supply can be tight, so start your search early. The figures below reflect a comfortable, livable place, not the cheapest rough listing.

Renting

Central one-bed (bilocale)The scored metricabout €750–1,000 / mo
Outside the centre, one-bedabout €600–800 / mo
Central two-bed (trilocale)Browse only — not scoredabout €1,300–1,700 / mo

These reflect a decent, functional apartment with a real kitchen and a lift. Cheaper exists if you compromise on condition or location, and supply can be tight, so begin early.

Immobiliare / local listings, 2026

Buying

If you’re looking to purchase:

City average (per square meter)about €2,400 / m²
Historic centre and prestige areas (e.g. Sant'Agnese)higher
Outer residential districtsmore affordable

Reasonable for such a prosperous, livable city, similar to Parma and well below Florence or Milan. Strong local wealth from engineering and food keeps prices firm.

Immobiliare, 2026

Other monthly costs

Utilities (electricity, gas, water — typical apartment)about €180–210 / mo
Monthly transit pass (SETA urban)about €32 / mo

Utilities are a national market in Italy, so that range holds roughly anywhere. Modena’s Po-plain winters are cold and damp and its summers hot, so heating and cooling both do some work across the year.

SETA, 2026

Our take

Modena is prosperous, cultured, and liveable, Ferrari and balsamic, opera and food, a fast train to Bologna and Milan, at prices a notch below Parma and far below the big cities. If you’re renting, it’s fair value for a wealthy city, though tight supply means you move fast when something good appears. If you’re buying, strong local industry keeps prices firm but sensible.

The supply squeeze is the story here: Modena is a small, wealthy city with strong employment, Ferrari, Maserati, the food industry, and limited turnover, so good places go quickly and often before they’re widely advertised. Starting early and being ready to decide matters more here than in a bigger, looser market.

Prices move with the market, so always check live listings. See current rentals on Idealista › | See prices on Immobiliare ›