Property Prices in Milan, Italy

Index Info
Price to Income Ratio: 20.03
Mortgage as Percentage of Income: 150.71%
Loan Affordability Index: 0.66
Price to Rent Ratio - City Centre: 27.80
Price to Rent Ratio - Outside of Centre: 22.03
Gross Rental Yield (City Centre): 3.60%
Gross Rental Yield (Outside of Centre): 4.54%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,433.60 € 1,000.00-2,000.00
Apartment (1 bedroom) Outside of Centre 954.64 € 750.00-1,300.00
Apartment (3 bedrooms) in City Centre 2,897.95 € 2,100.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 1,877.05 € 1,500.00-2,556.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 852.51 € 557.41-1,114.83
Price per Square Feet to Buy Apartment Outside of Centre 443.90 € 371.61-603.86
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,741.42 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.39 3.50-5.00

These data are based on 477 entries in the past 18 months from 77 different contributors.
Last update: April 2024

Sources and References
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