Rome property prices remain significantly lower than Milan, with Rome averaging €3,500 per square meter in February 2026 compared to Milan’s Central districts reaching €9,400 to €12,700 per square meter. However, Rome has shown stronger recent growth momentum, with prices rising 7% compared to Milan’s 2.3% increase, according to Idealista data. Milan continues to command Italy’s highest prices overall, particularly in prime central locations, while Rome ranks fifth or sixth nationally despite its recent surge.