Property Prices in Milan, Italy

Index Info
Price to Income Ratio: 16.34
Mortgage as Percentage of Income: 112.59%
Loan Affordability Index: 0.89
Price to Rent Ratio - City Centre: 26.43
Price to Rent Ratio - Outside of Centre: 20.18
Gross Rental Yield (City Centre): 3.78%
Gross Rental Yield (Outside of Centre): 4.95%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,398.42 € 1,000.00-2,000.00
Apartment (1 bedroom) Outside of Centre 969.25 € 700.00-1,350.00
Apartment (3 bedrooms) in City Centre 2,957.15 € 2,100.00-4,200.00
Apartment (3 bedrooms) Outside of Centre 1,921.92 € 1,500.00-2,600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 808.23 € 557.41-1,161.28
Price per Square Feet to Buy Apartment Outside of Centre 414.65 € 315.87-557.41
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,013.35 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.38 2.50-4.45

These data are based on 466 entries in the past 18 months from 74 different contributors.
Last update: January 2025

Sources and References
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