Authored by the expert who managed and guided the team behind the Italy Property Pack
Yes, the analysis of Turin's property market is included in our pack
Everything you need to know about renting out a property in Turin as a foreign investor is covered in this guide.
We explain the legal requirements, the realistic yields you can expect, and the neighborhoods where rentals actually perform well.
This blog post is constantly updated with fresh data and new regulatory changes.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Turin.
Insights
- Turin's average gross rental yield sits around 7% in early 2026, which is noticeably higher than Milan's because purchase prices remain relatively affordable compared to rents.
- The Aurora and Barriera di Milano neighborhoods can reach gross yields above 10%, but these areas require careful tenant screening and building quality checks.
- Choosing the cedolare secca flat tax at 21% (or 10% for agreed-rent contracts) means you cannot apply annual rent indexation, which is a trade-off many foreign landlords overlook.
- Turin's short-term rental market has around 7,700 active listings and averages 57% occupancy, making it moderately competitive rather than wide open for newcomers.
- A realistic net yield after all costs for a long-term rental in Turin lands between 3.5% and 4.8%, depending heavily on your tax regime and management setup.
- The maximum security deposit you can legally request in Turin is three months' rent, which is capped by Italian national law since 1978.
- Non-EU buyers from certain countries may face a reciprocity check before purchasing property in Turin, depending on whether Italians can buy property in their home country.
- Furnished apartments in student-heavy areas like San Salvario and Vanchiglia typically rent 15% to 25% faster than unfurnished units.
Can I legally rent out a property in Turin as a foreigner right now?
Can a foreigner own-and-rent a residential property in Turin in 2026?
As of early 2026, foreigners can generally buy and rent out residential property in Turin without major restrictions, though non-EU nationals from some countries may need to pass a reciprocity check.
The most common ownership structure for foreign individuals in Turin is direct personal ownership, which keeps things simple for tax filing and lease registration with the Italian authorities.
The main limitation some foreigners face is Italy's reciprocity condition, which means the Italian government checks whether an Italian citizen would have similar property rights in your home country before approving your purchase.
If you're not a local, you might want to read our guide to foreign property ownership in Turin.
Do I need residency to rent out in Turin right now?
You do not need Italian residency to rent out a property you own in Turin, which means many foreign investors successfully manage their rentals from abroad.
However, you will almost certainly need an Italian tax identification number (codice fiscale) because it is the standard identifier required for all tax filings, lease registrations, and interactions with Italian public bodies.
A local Italian bank account is not legally required to collect rent, but it makes your life much easier for paying local costs like condo fees, property taxes, and contractor invoices.
Managing a Turin rental entirely remotely is feasible, but most foreign owners hire a local property manager or letting agent to handle viewings, tenant check-ins, and maintenance issues on the ground.
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What rental strategy makes the most money in Turin in 2026?
Is long-term renting more profitable than short-term in Turin in 2026?
As of early 2026, long-term renting in Turin tends to deliver more stable and predictable income, while short-term renting can generate higher gross revenue but comes with more regulation and seasonal volatility.
A well-managed long-term rental in a solid Turin neighborhood might bring in around €8,000 to €10,000 per year net (roughly $8,700 to $10,900 or €8,000 to €10,000), while a well-managed short-term rental in a prime location could gross €12,000 to €18,000 (around $13,000 to $19,500) before the higher operating costs eat into that difference.
Short-term renting tends to outperform financially in central locations like Centro or near Porta Nuova station, where tourists and business travelers create consistent demand for nightly bookings.
What's the average gross rental yield in Turin in 2026?
As of early 2026, the average gross rental yield for residential properties in Turin sits around 7%, which is higher than many other major Italian cities because purchase prices remain relatively affordable.
The realistic range for most Turin properties runs from about 4.5% in premium central neighborhoods to over 10% in more affordable peripheral areas where prices are low but rents hold up.
Smaller units like studios and one-bedroom apartments typically achieve the highest gross yields in Turin because they attract the largest pool of renters, including students and young professionals, while keeping purchase costs manageable.
By the way, we have much more granular data about rental yields in our property pack about Turin.
What's the realistic net rental yield after costs in Turin in 2026?
As of early 2026, the realistic net rental yield after all costs for a long-term rental in Turin typically falls between 3.5% and 4.8%, depending on your tax choices and how well you manage vacancy.
Most Turin landlords experience net yields somewhere in the 3% to 5% range, with the lower end reflecting higher-cost central properties and the upper end achievable in well-managed units in emerging neighborhoods.
The three main cost categories that eat into your gross yield in Turin are the cedolare secca flat tax (10% or 21% of rent), IMU property tax on non-primary residences, and condominium fees that can run €100 to €200 per month in older buildings with elevators or central heating.
You might want to check our latest analysis about gross and net rental yields in Turin.
What monthly rent can I get in Turin in 2026?
As of early 2026, typical monthly rents in Turin run around €400 to €500 (about $435 to $545) for a studio, €560 to €680 ($610 to $740) for a one-bedroom, and €800 to €930 ($870 to $1,010) for a two-bedroom apartment.
A decent studio in Turin in an accessible location will realistically rent for €370 to €520 per month ($400 to $565), with the lower end in peripheral neighborhoods and the higher end closer to the center or near universities.
A typical one-bedroom apartment in a mid-range Turin neighborhood commands €560 to €680 per month ($610 to $740), though this can climb above €800 in high-demand areas like Centro or San Salvario.
A standard two-bedroom apartment in Turin rents for €800 to €930 per month ($870 to $1,010), with family-friendly neighborhoods like Crocetta or Cit Turin often landing at the higher end of that range.
If you want to know more about this topic, you can read our guide about rents and rental incomes in Turin.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Italy versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
What are the real numbers I should budget for renting out in Turin in 2026?
What's the total "all-in" monthly cost to hold a rental in Turin in 2026?
As of early 2026, the total monthly cost to hold a typical rental property in Turin (excluding any mortgage) runs between €220 and €520 per month, which translates to roughly $240 to $565 or €220 to €520.
Most standard Turin apartments fall within a €250 to €450 per month holding cost range ($270 to $490), depending on building age, amenities, and whether you use a property manager.
The single largest cost category for most Turin landlords is IMU property tax, which can average €70 to €180 per month when spread across the year, especially for properties with higher cadastral values in desirable zones.
You want to go into more details? Check our list of property taxes and fees you have to pay when buying a property in Turin.
What's the typical vacancy rate in Turin in 2026?
As of early 2026, the typical vacancy rate for long-term rentals in Turin averages around 8%, which means most landlords should budget for roughly one month empty per year.
Planning for one month of vacancy annually is realistic in Turin because even in high-demand areas, tenant turnover creates gaps for cleaning, minor repairs, and finding the next renter.
The main factor driving vacancy differences across Turin neighborhoods is proximity to universities and major employment centers, with areas like San Salvario and Vanchiglia seeing faster re-letting than more residential peripheral zones.
Tenant turnover in Turin typically peaks in late summer (August and September) when students and young professionals move, creating a brief spike in vacancy before the autumn leasing rush fills units again.
We have a whole part covering the best rental strategies in our pack about buying a property in Turin.
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Where do rentals perform best in Turin in 2026?
Which neighborhoods have the highest long-term demand in Turin in 2026?
As of early 2026, the three Turin neighborhoods with the strongest overall long-term rental demand are San Salvario, Centro, and Crocetta, all of which benefit from excellent transport links and a diverse tenant base.
Families looking for long-term rentals in Turin tend to concentrate in Crocetta, Cit Turin, and San Donato/Campidoglio, where schools, green spaces, and a calmer residential atmosphere attract stable tenancies.
Students drive strong rental demand in San Salvario, Vanchiglia, and parts of Aurora, especially in buildings within walking distance of the University of Turin and Politecnico di Torino campuses.
Expats and international professionals in Turin typically seek furnished rentals in Centro, Crocetta, and the scenic Gran Madre/Borgo Po area, where walkability and quality of life justify premium rents.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Turin.
Which neighborhoods have the best yield in Turin in 2026?
As of early 2026, the three Turin neighborhoods with the best rental yields are Aurora/Barriera di Milano (around 10% gross), Borgo Vittoria/Parco Dora (around 8% gross), and Vanchiglia/Vanchiglietta (around 7% gross).
These top-yielding neighborhoods in Turin deliver gross yields ranging from roughly 7% to over 10%, significantly above the citywide average of 7%.
The main characteristic allowing these neighborhoods to achieve higher yields is that purchase prices remain low due to older building stock and less prestigious addresses, while rents stay relatively stable because demand from students, workers, and budget-conscious tenants remains strong.
We cover a lot of neighborhoods and provide a lot of updated data in our pack about real estate in Turin.
Where do tenants pay the highest rents in Turin in 2026?
As of early 2026, the three Turin neighborhoods where tenants pay the highest rents are Centro (around €16/m²/month), San Salvario (around €13.50/m²/month), and Gran Madre/Borgo Po/Cavoretto (premium pricing for scenic hillside locations).
A standard one-bedroom apartment in these premium Turin neighborhoods typically rents for €750 to €1,100 per month ($815 to $1,200), while two-bedrooms can reach €1,200 to €1,500 ($1,300 to $1,630).
The main characteristic that allows these neighborhoods to command top rents is their combination of historic architecture, walkable access to restaurants and cultural venues, and excellent public transport connections to Porta Nuova and Porta Susa stations.
The typical tenant profile in these highest-rent Turin neighborhoods includes young professionals working in finance or tech, senior managers at multinational companies, visiting academics, and affluent expats who prioritize location quality over space.
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Italy. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
What do tenants actually want in Turin in 2026?
What features increase rent the most in Turin in 2026?
As of early 2026, the three property features that increase monthly rent the most in Turin are having an elevator in older buildings (many historic Turin palazzos lack them), modern autonomous heating systems (tenants hate unpredictable central heating bills), and a renovated bathroom with quality fixtures.
Having an elevator in a Turin building without one can add a rent premium of 10% to 15%, which is significant because so many desirable central apartments are in walk-up buildings from the early 1900s.
One commonly overrated feature that Turin landlords invest in but tenants rarely pay extra for is luxury kitchen appliances, since most renters care more about a functional layout than having a high-end brand name on the dishwasher.
One affordable upgrade that delivers strong returns in Turin is installing fiber-optic internet and creating a dedicated workspace nook, which appeals directly to the remote workers and students who make up a large share of the tenant pool.
Do furnished rentals rent faster in Turin in 2026?
As of early 2026, furnished apartments in Turin typically rent 15% to 25% faster than unfurnished ones, particularly in student-heavy and expat-friendly neighborhoods where tenants want to move in without buying furniture.
Furnished units in Turin also command a rent premium of roughly 10% to 20% over comparable unfurnished apartments, though this comes with higher wear-and-tear costs and the need to refresh furniture every few years.
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How regulated is long-term renting in Turin right now?
Can I freely set rent prices in Turin right now?
In Turin, landlords using a "canone libero" (free rent) contract can set the initial rent price freely through negotiation with the tenant, which gives you flexibility to price according to market conditions.
However, if you choose the cedolare secca flat tax option, you give up the right to apply annual ISTAT inflation adjustments during the lease, which means your rent stays frozen even if inflation rises significantly.
What's the standard lease length in Turin right now?
The standard residential lease in Turin is either a 4+4 year contract (free rent, automatically renewed) or a 3+2 year contract (agreed rent with tax benefits), both of which provide tenants with significant tenure security.
The maximum security deposit a landlord can legally require in Turin is three months' rent (so for a €700/month apartment, that is €2,100 or roughly $2,280), as capped by Italian national law since 1978.
At the end of a tenancy in Turin, the landlord must return the security deposit within a reasonable period (typically interpreted as a few months) after deducting any legitimate damages or unpaid bills, with the tenant entitled to dispute unfair deductions.
We made this infographic to show you how property prices in Italy compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
How does short-term renting really work in Turin in 2026?
Is Airbnb legal in Turin right now?
Short-term rentals like Airbnb are legal in Turin, but you must comply with national and regional registration requirements to operate legitimately.
To legally operate a short-term rental in Turin, you need to obtain a CIN (Codice Identificativo Nazionale) through the national BDSR database and follow the Piedmont region's registration process for tourist lettings.
Turin's official rules focus on tax compliance and tourist tax collection rather than imposing a strict annual night cap, but you should verify the specific classification of your property (tourist lease versus hospitality structure) before committing.
Operating an unlicensed or non-compliant short-term rental in Turin can result in fines, forced removal of your listing from platforms, and potential tax penalties from the Agenzia delle Entrate.
By the way, we also have a blog article detailing whether owning an Airbnb rental is profitable in Turin.
What's the average short-term occupancy in Turin in 2026?
As of early 2026, the average annual occupancy rate for short-term rentals in Turin sits around 57%, which means a typical listing is booked roughly 17 nights per month.
The realistic occupancy range for most Turin short-term rentals spans from about 40% for average listings in less central areas to 70% or higher for well-optimized properties in prime tourist zones.
The highest occupancy months for Turin short-term rentals are typically May, June, September, and October, when pleasant weather and major events like the Salone del Libro and Turin Film Festival drive visitor traffic.
The lowest occupancy months tend to be January, February, and parts of August, when tourism slows and many Italians leave the city for summer holidays.
Finally, please note that you can find much more granular data about this topic in our property pack about Turin.
What's the average nightly rate in Turin in 2026?
As of early 2026, the average nightly rate for short-term rentals in Turin is around €95 ($103), though this varies significantly by location, property size, and seasonality.
The realistic nightly rate range for most Turin listings spans from about €50 to €60 ($55 to $65) for basic studios in peripheral areas up to €150 to €200 ($165 to $220) for well-appointed apartments in Centro or near major attractions.
The typical nightly rate difference between peak season (spring events and autumn festivals) and off-season (winter and mid-August) in Turin is around €25 to €40 ($27 to $44), with savvy hosts adjusting pricing dynamically to capture demand spikes.
Is short-term rental supply saturated in Turin in 2026?
As of early 2026, the Turin short-term rental market is moderately competitive with around 7,700 active vacation rental listings, which means it is neither wide open nor completely saturated.
The number of active short-term rental listings in Turin has been relatively stable over the past year, with modest growth as new hosts enter while some exit due to regulatory complexity or disappointing returns.
The most oversaturated neighborhoods for short-term rentals in Turin are Centro and the area around Porta Nuova station, where high listing density makes it harder for new entrants to stand out without exceptional quality or pricing.
Neighborhoods that still have room for new short-term rental supply in Turin include parts of San Salvario (away from the most touristy blocks), Aurora (for budget travelers), and areas near Lingotto (business and event visitors), where demand exists but competition is less fierce.
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What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Turin, we always rely on the strongest methodology we can and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why it's authoritative | How we used it |
|---|---|---|
| Agenzia delle Entrate (Cedolare Secca) | Italy's official tax authority explaining rental tax rules. | We used it to confirm the flat tax rates (21% and 10%) and the trade-off of giving up rent indexation. We used it to size realistic net yields after tax. |
| Agenzia delle Entrate (Locazioni Brevi Guide) | Official guidance for short-term rental taxation in Italy. | We used it to define what counts as a short-term rental (30 days or less). We used it to outline the tax mechanics for Airbnb-style hosting. |
| Immobiliare.it (Turin Market Data) | Italy's largest property portal with transparent market aggregates. | We used it to quantify Turin's average sale and rent prices per square meter. We used its neighborhood table to compare yields and rents across different areas. |
| Idealista (Turin Rent Reports) | Major portal with a published methodology and long time series. | We used it as a second read on rent levels to validate Immobiliare.it data. We used it to cross-check which neighborhoods command the highest rents. |
| Comune di Torino (IMU Portal) | Turin's official page for property tax administration. | We used it to anchor the holding costs discussion to Turin's own tax portal. We used it to make the budget section realistic for owner-landlords. |
| Normattiva (Law 392/1978, Art. 11) | Official publication of Italian legislation. | We used it to confirm the legal cap on security deposits (maximum three months). We used it to keep tenant-facing rules 100% grounded in statute. |
| Regione Piemonte (Tourist Letting Vademecum) | Regional authority for tourism compliance in Piedmont. | We used it to explain the local compliance layer for short-term lets. We used it to connect national CIN/BDSR rules to Turin specifically. |
| Comune di Torino (Tourist Tax) | Turin's official rulebook for local tourist tax. | We used it to explain the extra obligation short-term hosts face. We used it to show why STR admin is heavier than long-term renting. |
| AirDNA (Turin STR Overview) | Widely used analytics provider with transparent metrics. | We used it for occupancy and nightly rate benchmarks for Turin short-term rentals. We used it to compare STR economics versus long-term yields. |
| Inside Airbnb | Well-known open dataset used by researchers and cities. | We used it to ground supply and saturation analysis in transparent public data. We used it to triangulate listing counts across sources. |
| Banca d'Italia (Housing Market Survey) | Central bank reporting structured survey evidence on housing. | We used it to validate the macro direction of rent pressure and tight supply nationally. We used it to avoid relying only on private portals. |
| Ministry of Foreign Affairs (Reciprocity) | Government's official explanation of reciprocity for foreigners. | We used it to flag the key caveat for some non-EU buyers. We used it to keep "can I buy" guidance accurate for foreign nationals. |
We have made this infographic to give you a quick and clear snapshot of the property market in Italy. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
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