The OMI values of the Italian Revenue Agency, area by area: a yardstick for comparison, not an appraisal of a single property.
In Modena, across the 20 zones with values, a home in normal condition costs between €1,100 and €3,000 per square metre, depending on where it is. The lowest value is in an industrial zone to the north, and the highest is in the historic centre.
The OMI property values (quotazioni OMI) for the first half of 2026 are the reference. If you are looking at an auction in the historic centre (zone B3), the reference value is between €2,150 and €3,000 per m². If the property is on the outskirts, as in zone D33, the range drops to between €1,350 and €1,900 per m².
The 4+4 open-market lease (contratto 4+4) is the free-market contract: in Modena it stands at €9.4 per m² per month. The 3+2 agreed-rent lease (contratto 3+2), that is the canone concordato, stands at €7.2 per m² per month. The median value across the zones is €7.7 per m² per month. So, if you are looking for a home to rent, you can use this as a first point of comparison.
In the provincial capital, the annual change in home sales is -14%, according to the provisional data of the Italian Revenue Agency (Agenzia delle Entrate) (OMI), from the third quarter of 2025 to the second quarter of 2026. In the last 4 quarters, 2,380 sales were made, and about 57% with a mortgage. The average income declared in 2024 is €32,216, from 140,024 taxpayers (source: MEF, Dipartimento delle Finanze). Always compare the instalment you are evaluating with this figure.
Before looking at one, check the reference value for its zone.
Text updated on 5 November 2026, on OMI values for the first half of 2026.
| Band | Areas | Average minimum €/m² | Average maximum €/m² |
|---|---|---|---|
| Centrale | 1 | 2,150 | 3,000 |
| Semicentrale | 3 | 1,633 | 2,333 |
| Periferica | 8 | 1,500 | 2,112 |
| Suburbana | 7 | 1,371 | 1,957 |
| Extraurbana | 1 | 1,250 | 1,850 |
From 1,100 €/m² in the cheapest area to 3,000 €/m² in the most expensive one (2.7 times as much). Median rent: 7.7 €/m² a month.
Source: Italian Revenue Agency (Agenzia delle Entrate) – OMI property values, first half of 2026. Type: standard homes. Sale in €/m², rent in €/m² a month, minimum and maximum of the area. Areas with a link have a page with the auctions in progress.
| Area | Band | Sale €/m² | Rent €/m² a month |
|---|---|---|---|
| B3Capoluogo - Centro Storico · Central | Central | 2,150 – 3,000 | 10.6 – 15.4 |
| C10Capoluogo - Buon Pastore, Sant'Agnese · Semi-central | Semi-central | 1,700 – 2,400 | 7.8 – 11.3 |
| C11Musicisti - Tempio · Semi-central | Semi-central | 1,600 – 2,300 | 7.8 – 11.4 |
| C9Capoluogo - San Faustino, Stazione Autocorriere · Semi-central | Semi-central | 1,600 – 2,300 | 8 – 11.5 |
| D29Capoluogo - Villaggio Giardino, Via Schiocchi, Villaggio Zeta · Outskirts | Outskirts | 1,600 – 2,300 | 6.8 – 9.6 |
| D30Capoluogo - Ex Autodromo, San Faustino, Via Costa · Outskirts | Outskirts | 1,400 – 2,000 | 6.8 – 9.7 |
| D31Capoluogo - Quartiere Madonnina · Outskirts | Outskirts | 1,400 – 1,900 | 5.9 – 8.4 |
| D32Capoluogo - Quartiere Sacca, Strada Nazionale Canaletto · Outskirts | Outskirts | 1,450 – 1,950 | 5.6 – 7.9 |
| D33Capoluogo - Santa Caterina, Crocetta, Viale Gramsci, Ex Macello · Outskirts | Outskirts | 1,350 – 1,900 | 5.5 – 8 |
| D34Capoluogo - Morane, Vaciglio, Ippodromo · Outskirts | Outskirts | 1,650 – 2,250 | 7.4 – 10.8 |
| D35Capoluogo - Parco Amendola, Fratelli Rosselli · Outskirts | Outskirts | 1,600 – 2,350 | 7.5 – 11 |
| D36Capoluogo - San Lazzaro, Policlinico, Universita', Vignolese · Outskirts | Outskirts | 1,550 – 2,250 | 7.5 – 11.2 |
| E10Capoluogo - Quartiere Modena Est · Suburban | Suburban | 1,450 – 2,050 | 6 – 8.6 |
| E11Industriale Ovest - Grand'Emilia - Cittanova · Suburban | Suburban | 1,200 – 1,750 | 4.8 – 7.1 |
| E4Frazione di Cognento · Suburban | Suburban | 1,650 – 2,300 | 6.2 – 8.8 |
| E5Frazione di Baggiovara · Suburban | Suburban | 1,500 – 2,200 | 6.5 – 9.4 |
| E6Frazione di San Damaso · Suburban | Suburban | 1,500 – 2,050 | 5.8 – 8.2 |
| E8Industriale Nord Viale Nazioni · Suburban | Suburban | 1,100 – 1,650 | 4.4 – 6.4 |
| E9Industriale Torrazzi · Suburban | Suburban | 1,200 – 1,700 | 4.4 – 6.5 |
| R3Zona Agricola · Rural | Rural | 1,250 – 1,850 | 5.6 – 8.2 |
Modena · Via Pier Paolo Pasolini
Office · 129 m²
€1,353/m²
Mortgage ≈ €707 a month (Indicative payment: a mortgage of 80% of the starting price over 25 years at the ECB average rate. Not a credit offer.)
Modena · Via Pier Paolo Pasolini
Office · 279 m²
€1,328/m²
Mortgage ≈ €1,500 a month (Indicative payment: a mortgage of 80% of the starting price over 25 years at the ECB average rate. Not a credit offer.)
Modena · Via Pier Paolo Pasolini
Office · 220 m²
€1,325/m²
Mortgage ≈ €1,180 a month (Indicative payment: a mortgage of 80% of the starting price over 25 years at the ECB average rate. Not a credit offer.)
Modena · Via Pietro Giardini
Property complex
Previous starting price: €4,980,800 Cut by 20% (auction of 21 October 2026)
Mortgage ≈ €16,130 a month (Indicative payment: a mortgage of 80% of the starting price over 25 years at the ECB average rate. Not a credit offer.)
| Contract | €/m² a month | Homes |
|---|---|---|
| open-market lease 4+4 | 9.4 | 1,291 |
| agreed-rent lease 3+2 (canone concordato) | 7.2 | 2,308 |
| short-term lease (transitorio) | 7 | 400 |
| agreed short-term lease for students | 6.4 | 293 |
The OMI values of the Italian Revenue Agency are ranges for an area, a property type and a period. They do not value a single flat and do not replace a professional appraisal. A fair comparison also needs condition, floor, exposure and documentation.
On the auction pages, the “below the area value” discount shows how far the minimum offer per square metre is below the minimum of the area range. A lower value does not equal an expected gain.
See the Italian Revenue Agency values ↗
