🇮🇹 Italy

Milan

EUR 6,500/m² 3.7%

Italy's financial capital and fashion hub, where strong international demand keeps prices on an upward trend.

City Center
EUR 9,200/m²
Rental Yield
4.1%
Salary/m²
3.1 months
Avg Salary
EUR 2,100/mo

Is Milan expensive?

Milan is 1% below the European average of €6,560/m² and 11% above the Italy average of €5,850/m².

At €6,500/m², it takes 3.1 months of the average local net salary (€2,100/mo) to purchase one square meter. Prices are currently rising at 3.7% year-over-year.

Price History

Frequently Asked Questions

What is the average price per m² in Milan?
The average apartment price in Milan is €6,500 per square meter as of Q1 2026. City center prices average €9,200/m².
Is Milan expensive compared to Italy?
Milan is 11% above the Italy average of €5,850/m².
What is the rental yield in Milan?
The average rental yield in Milan is 4.1%, based on an average rent of €22/m² per month and purchase price of €6,500/m².
Is Milan a good place to buy property?
Milan is rated "Expensive" with prices rising at 3.7%. It takes 3.1 months of average local salary to buy one square meter.