Property Prices in Milan, Italy

Index Info
Price to Income Ratio: 16.46
Mortgage as Percentage of Income: 116.88%
Loan Affordability Index: 0.86
Price to Rent Ratio - City Centre: 26.29
Price to Rent Ratio - Outside of Centre: 20.36
Gross Rental Yield (City Centre): 3.80%
Gross Rental Yield (Outside of Centre): 4.91%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,399.83 € 1,000.00-2,000.00
Apartment (1 bedroom) Outside of Centre 966.34 € 800.00-1,300.00
Apartment (3 bedrooms) in City Centre 2,823.33 € 2,000.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 1,849.33 € 1,500.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 786.30 € 557.41-1,114.83
Price per Square Feet to Buy Apartment Outside of Centre 410.12 € 315.87-510.96
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,955.72 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.73 2.60-4.80

These data are based on 421 entries in the past 18 months from 68 different contributors.
Last update: November 2024

Sources and References
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