Property Prices in Milan, Italy

Index Info
Price to Income Ratio: 16.55
Mortgage as Percentage of Income: 112.87%
Loan Affordability Index: 0.89
Price to Rent Ratio - City Centre: 27.16
Price to Rent Ratio - Outside of Centre: 20.45
Gross Rental Yield (City Centre): 3.68%
Gross Rental Yield (Outside of Centre): 4.89%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,368.16 € 1,000.00-2,000.00
Apartment (1 bedroom) Outside of Centre 976.94 € 700.00-1,300.00
Apartment (3 bedrooms) in City Centre 2,951.43 € 2,300.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 1,870.00 € 1,500.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 820.41 € 650.32-1,161.28
Price per Square Feet to Buy Apartment Outside of Centre 416.55 € 315.87-557.41
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,011.43 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.27 2.50-4.50

These data are based on 452 entries from 81 contributors over the past 18 months.
Last update: April 2025

Sources and References
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