Property Prices in Milan, Italy

Index Info
Price to Income Ratio: 16.48
Mortgage as Percentage of Income: 119.89%
Loan Affordability Index: 0.83
Price to Rent Ratio - City Centre: 26.15
Price to Rent Ratio - Outside of Centre: 20.90
Gross Rental Yield (City Centre): 3.82%
Gross Rental Yield (Outside of Centre): 4.78%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,320.05 € 1,000.00-2,000.00
Apartment (1 bedroom) Outside of Centre 915.09 € 700.00-1,300.00
Apartment (3 bedrooms) in City Centre 2,890.26 € 2,100.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 1,828.92 € 1,500.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 767.84 € 557.41-1,114.83
Price per Square Feet to Buy Apartment Outside of Centre 406.96 € 325.16-557.41
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,918.45 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.01 2.50-4.90

These data are based on 501 entries in the past 18 months from 85 different contributors.
Last update: July 2024

Sources and References
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