Milan province Property Prices, Rents & Rental Yields

Data updated monthly.Last update:October 2, 2026
Italy
Confidence
High

Milan province market overview: score, prices and rental yields

Market Score

77Good
77 / 100
Investability
50
Price momentum
57
Rental demand
65
Sales demand
80

Median asking price

€295,000
1M
0%
1Y
+3.5%
Median asking price
MonthMedian asking price
November 2025€289,000
December 2025€289,000
January 2026€290,000
February 2026€294,000
March 2026€295,000
April 2026€295,000
May 2026€297,000
June 2026€298,000
July 2026€298,000
August 2026€295,000
September 2026€295,000
October 2026€295,000

Median monthly rent

€1,350
1M
-3.6%
1Y
-3.6%
Median monthly rent
MonthMedian monthly rent
November 2025€1,400
December 2025€1,400
January 2026€1,400
February 2026€1,400
March 2026€1,400
April 2026€1,400
May 2026€1,380
June 2026€1,310
July 2026€1,300
August 2026€1,330
September 2026€1,400
October 2026€1,350

Gross Rental Yield

6.54%
1M
-3.5%
1Y
-9.5%
Gross Rental Yield
MonthGross Rental Yield
November 20257.07%
December 20257.1%
January 20267.08%
February 20266.96%
March 20266.97%
April 20266.86%
May 20266.75%
June 20266.57%
July 20266.47%
August 20266.58%
September 20266.77%
October 20266.54%

Median price per m²

€3,470
1M
0%
1Y
+5.9%
Median price per m²
MonthMedian price per m²
November 2025€3,320
December 2025€3,320
January 2026€3,300
February 2026€3,380
March 2026€3,430
April 2026€3,430
May 2026€3,450
June 2026€3,470
July 2026€3,490
August 2026€3,430
September 2026€3,470
October 2026€3,470

Market Breakdown

Property listings (28,565 for sale)

Top submarket

76
Gross Rental Yield
6.35 %
Median asking price
€192.5k
Median monthly rent
€780

Gross Rental Yield

Gross Rental Yield
CategoryGross Rental Yield
1 bedroom6.33%
2 bedroom6.25%
3 bedroom6.77%
4+ bedroom7.32%
Gross Rental Yield
CategoryGross Rental Yield
< 30 m² apartments6.55%
30-40 m² apartments6.35%
40-50 m² apartments6%
50-60 m² apartments6.03%
60-70 m² apartments6.64%
70-80 m² apartments6.44%
80-90 m² apartments7.16%
90-100 m² apartments7.58%
100-110 m² apartments7.5%
110-120 m² apartments7.89%
120-130 m² apartments7.93%
130-140 m² apartments7.45%
140-150 m² apartments7.19%

Median price per m²

Median price per m²
CategoryMedian price per m²
1 bedroom€4,500
2 bedroom€4,000
3 bedroom€3,320
4+ bedroom€3,300
Median price per m²
CategoryMedian price per m²
< 30 m² apartments6110
30-40 m² apartments4860
40-50 m² apartments4890
50-60 m² apartments4510
60-70 m² apartments3670
70-80 m² apartments3530
80-90 m² apartments3390
90-100 m² apartments3060
100-110 m² apartments3110
110-120 m² apartments3100
120-130 m² apartments3200
130-140 m² apartments3270
140-150 m² apartments3380

Number of listings for sale

Number of listings for sale
CategoryNumber of listings for sale
1 bedroom1,487
2 bedroom8,313
3 bedroom10.2k
4+ bedroom4,508
Number of listings for sale
CategoryNumber of listings for sale
< 30 m² apartments349
30-40 m² apartments562
40-50 m² apartments1,715
50-60 m² apartments2,496
60-70 m² apartments2,760
70-80 m² apartments2,554
80-90 m² apartments2,553
90-100 m² apartments2,482
100-110 m² apartments2,284
110-120 m² apartments1,806
120-130 m² apartments1,326
130-140 m² apartments1,078
140-150 m² apartments815

Number of listings for rent

Number of listings for rent
CategoryNumber of listings for rent
1 bedroom2,489
2 bedroom7,944
3 bedroom3,421
4+ bedroom1,147
Number of listings for rent
CategoryNumber of listings for rent
< 30 m² apartments885
30-40 m² apartments1,175
40-50 m² apartments2,096
50-60 m² apartments2,899
60-70 m² apartments2,249
70-80 m² apartments1,680
80-90 m² apartments1,141
90-100 m² apartments893
100-110 m² apartments743
110-120 m² apartments466
120-130 m² apartments335
130-140 m² apartments241
140-150 m² apartments185

Market Trends

Listings by property size

1 bedroom (10%)
2 bedroom (41%)
3 bedroom (34%)
4+ bedroom (14%)
Listings by property size
CategoryListings by property size
1 bedroom (10%)3,976 listings (10%)
2 bedroom (41%)16.3k listings (41%)
3 bedroom (34%)13.6k listings (34%)
4+ bedroom (14%)5,655 listings (14%)

Sales Activity Index

12-27%
Sales Activity Index
MonthSales Activity Index
November 202526%
December 202526%
January 202619%
February 202626%
March 202626%
April 202627%
May 202622%
June 202627%
July 202621%
August 202622%
September 202612%
October 202624%

Rent Activity Index

32-52%
Rent Activity Index
MonthRent Activity Index
November 202544%
December 202542%
January 202632%
February 202639%
March 202638%
April 202638%
May 202635%
June 202645%
July 202640%
August 202633%
September 202633%
October 202652%

Median asking price

Median asking price
Month1 bedroom2 bedroom3 bedroom4+ bedroom
November 2025€175k€235k€300k€460k
December 2025€179k€230k€300k€455k
January 2026€180k€234k€305k€450k
February 2026€179k€239k€309k€455k
March 2026€180k€240k€315k€460k
April 2026€181k€239k€313.8k€469k
May 2026€180k€240k€315k€470k
June 2026€179k€240k€318k€470k
July 2026€179k€240k€317k€460k
August 2026€180k€240k€315k€455k
September 2026€180k€240k€315.3k€452k
October 2026€180k€240k€319k€459k

Median monthly rent

Median monthly rent
Month1 bedroom2 bedroom3 bedroom4+ bedroom
November 2025€1,000€1,300€1,900€2,890
December 2025€1,000€1,300€1,900€2,800
January 2026€1,000€1,330€1,900€2,800
February 2026€1,000€1,300€1,900€2,900
March 2026€1,000€1,350€1,900€2,850
April 2026€1,000€1,300€1,880€2,800
May 2026€980€1,300€1,850€2,830
June 2026€950€1,280€1,800€2,700
July 2026€900€1,250€1,800€2,660
August 2026€950€1,250€1,800€2,700
September 2026€980€1,310€1,800€2,790
October 2026€950€1,250€1,800€2,800

Years to profit (sale to rent ratio)

Years to profit (sale to rent ratio)
Month1 bedroom2 bedroom3 bedroom4+ bedroom
November 202514.5815.0613.1613.29
December 202514.9214.7413.1613.54
January 20261514.6613.3813.39
February 202614.9215.3213.5513.07
March 20261514.8113.8213.45
April 202615.0815.3213.9113.96
May 202615.3115.3814.1913.84
June 202615.715.6614.7214.51
July 202616.571614.6814.42
August 202615.791614.5814.04
September 202615.3115.2714.613.5
October 202615.791614.7713.66

Median price per m²

Median price per m²
Month1 bedroom2 bedroom3 bedroom4+ bedroom
November 2025€4,380€3,920€3,160€3,290
December 2025€4,480€3,830€3,130€3,270
January 2026€4,500€3,900€3,180€3,240
February 2026€4,480€3,980€3,220€3,270
March 2026€4,500€4,000€3,320€3,310
April 2026€4,530€3,980€3,300€3,350
May 2026€4,500€4,000€3,320€3,360
June 2026€4,480€4,000€3,350€3,380
July 2026€4,480€4,000€3,340€3,310
August 2026€4,500€4,000€3,320€3,270
September 2026€4,500€4,000€3,320€3,250
October 2026€4,500€4,000€3,320€3,300

Profitability Scenarios

* With a €150,000 investment

Lower-yield district

€3,945

Annual Rental Income

Higher-yield district

€12,555

Annual Rental Income

As of October 2026, gross rental yields in Milan province ranged from ~2.63% in the lowest-yielding districts to ~8.37% in the highest-yielding districts

About Milan province

Milan province brings together the city and its surrounding municipalities, with apartments across a dense urban core and a wider mix of towns. Rail connections and differences between local settings make the specific address an important part of any property comparison.

In October 2026, the clearest signal for apartments in Milan province is a divergence between sale prices and rents. The average sale price is €295,000, up 3.5% year over year, while average rent is down 3.6% over the same period. That split matters more than either movement alone: a higher purchase-price benchmark alongside a lower rental benchmark can put pressure on rental income relative to the amount invested. It does not, however, establish that every municipality or apartment has moved in the same way.

The reported yield is 6.54%, offering a current reference point rather than evidence of how returns have changed over time. Investors comparing apartments across the province should keep the pricing and rental measures distinct: one describes the cost of entry, while the other relates to potential income. Reading the yield as a standalone answer would miss the opposing annual directions in those market indicators.

For this month, the useful takeaway is not a broad claim about where the market goes next. It is a narrower observation that sale pricing has risen over the year while rents have eased, making the relationship between an individual asking price and a realistic rent especially relevant when assessing an investment.
Name
All
6.54 %
24,531
15,104
€295,000
€1,350
Studio
-- %
--
--
--
--
1 Bedroom
6.33 %
1,487
2,489
€180,000
€950
2 Bedrooms
6.25 %
8,313
7,944
€240,000
€1,250
3 Bedrooms
6.77 %
10,208
3,421
€319,000
€1,800
4+ Bedrooms
7.32 %
4,508
1,147
€459,000
€2,800

Summary and Key Takeaways

With a median rental yield of 6.54% and property prices starting at €180,000, Milan province

may become a good investment option for some investors.

Median property prices in Milan province are €295,000, while the median rent is €1,350. This means that a median property in Milan province will pay for itself in 18.2 years.

Detailed real estate yield breakdown:

A median 1-bedroom apartment: 6.33% yield, sale price €180,000, rent €950.

A median 2-bedroom apartment: 6.25% yield, sale price €240,000, rent €1,250.

A median 3-bedroom apartment: 6.77% yield, sale price €319,000, rent €1,800.

A median 4+ bedroom apartment: 7.32% yield, sale price €459,000, rent €2,800.

Where exactly to buy the property?

Milan province offers yields of up to 8.37% for 2-bedroom apartments making it a strong investment choice. Explore Milan province in more detail to find the most profitable neighborhoods.

Nearby property markets

Compare prices, rents, and rental yields in geographically nearby markets.