Property Prices in Milan, Italy

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Index
Price to Income Ratio:	20.17
Mortgage as Percentage of Income:	151.71%
Loan Affordability Index:	0.66
Price to Rent Ratio - City Centre:	27.64
Price to Rent Ratio - Outside of Centre:	21.86
Gross Rental Yield (City Centre):	3.62%
Gross Rental Yield (Outside of Centre):	4.58%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,407.61 €	1,000.00-2,000.00
Apartment (1 bedroom) Outside of Centre	954.76 €	700.00-1,400.00
Apartment (3 bedrooms) in City Centre	2,989.44 €	2,500.00-5,000.00
Apartment (3 bedrooms) Outside of Centre	1,895.35 €	1,500.00-2,556.00
Buy Apartment Price	Edit
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	442.58 €	371.61-603.86
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	1,728.15 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.39	3.50-5.00

These data are based on 460 entries in the past 18 months from 76 different contributors.
Last update: May 2024

Sources and References

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	44,300.00
GDP Growth Rate:	3.72%
Population Growth Rate:	-0.11%