Property Prices in Milan, Italy

Index Info
Price to Income Ratio: 16.66
Mortgage as Percentage of Income: 114.58%
Loan Affordability Index: 0.87
Price to Rent Ratio - City Centre: 26.96
Price to Rent Ratio - Outside of Centre: 20.84
Gross Rental Yield (City Centre): 3.71%
Gross Rental Yield (Outside of Centre): 4.80%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,386.92 € 1,000.00-2,000.00
Apartment (1 bedroom) Outside of Centre 969.74 € 700.00-1,350.00
Apartment (3 bedrooms) in City Centre 2,897.08 € 2,000.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 1,852.78 € 1,500.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 812.61 € 566.70-1,161.28
Price per Square Feet to Buy Apartment Outside of Centre 421.01 € 315.87-557.41
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,992.52 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.37 2.50-4.45

These data are based on 450 entries in the past 18 months from 73 different contributors.
Last update: February 2025

Sources and References
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