Property Prices in Milan, Italy

Index Info
Price to Income Ratio: 16.33
Mortgage as Percentage of Income: 115.74%
Loan Affordability Index: 0.86
Price to Rent Ratio - City Centre: 26.30
Price to Rent Ratio - Outside of Centre: 20.55
Gross Rental Yield (City Centre): 3.80%
Gross Rental Yield (Outside of Centre): 4.87%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,376.33 € 1,000.00-2,000.00
Apartment (1 bedroom) Outside of Centre 956.98 € 800.00-1,300.00
Apartment (3 bedrooms) in City Centre 2,837.69 € 2,100.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 1,857.51 € 1,500.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 781.70 € 557.41-1,114.83
Price per Square Feet to Buy Apartment Outside of Centre 412.73 € 315.87-557.41
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,968.18 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.71 2.55-5.00

These data are based on 495 entries in the past 18 months from 77 different contributors.
Last update: December 2024

Sources and References
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