Property Prices in Milan, Italy

Index Info
Price to Income Ratio: 18.01
Mortgage as Percentage of Income: 107.83%
Loan Affordability Index: 0.93
Price to Rent Ratio - City Centre: 31.25
Price to Rent Ratio - Outside of Centre: 21.28
Gross Rental Yield (City Centre): 3.20%
Gross Rental Yield (Outside of Centre): 4.70%
Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 1,080.29 € 800.00-1,600.00
Apartment (1 bedroom) Outside of Centre 728.22 € 550.00-1,000.00
Apartment (3 bedrooms) in City Centre 2,531.72 € 2,000.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,512.95 € 1,100.00-2,000.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 777.17 € 557.41-929.02
Price per Square Feet to Buy Apartment Outside of Centre 335.94 € 278.71-464.51
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 1,663.34 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.85 1.10-3.00

These data are based on 703 entries in the past 18 months from 116 different contributors.
Last update: November 2020

Sources and References
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2 Comments so far
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Evelyn Marcellana
Aud on Mar 03, 2020:
How much cost it to measure a one room in Italy. Livingroom, bathroom and kitchen.
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