Milan province Property Prices, Rents & Rental Yields

About Milan province

Milan province blends Italy’s leading business hub with a broad suburban ring of established towns, transit connections, and steady rental activity. That mix keeps the area relevant for investors who want exposure to a large, diverse metropolitan market rather than a single central district.

August 2026 brings the clearest signal from prices: values are easing month to month even as the longer trend remains constructive. The average apartment sale price slipped 1.0% in the month to €295,000, while the average price per square metre fell 1.6% to €3,430. That softer monthly movement sits alongside a 4.1% year-over-year rise in sale prices and a 5.3% annual increase in the per-square-metre figure, suggesting the market has not lost its broader upward footing.

The rental side is sending a different message. Average rent moved up 2.5% over the month to €1,330, but it is still 4.8% below last year’s level. Against that backdrop, the average yield stands at 6.58%, which points to a market where income can still look compelling, but where pricing and rent trends are no longer moving in the same direction. For apartment investors, August reads as a month of tighter economics rather than broad-based momentum.