Milano property prices and rental yields
Area of Lombardia, Italy
Home prices in Milano rose 5.6% a year on average from 2016 to 2025, the fastest of 12 areas in Lombardia. Renting out on 12-month lets earned a gross yield of 4.4% of the price a year, falling from 5.3% in 2016 to 3.8% in 2025 as prices outpaced rents. A square metre cost €3,512 in 2025 (78% above the Lombardia level of €1,972).
Updated 2026-10-28 · Data 2015–2026 so far
Price growth by year
% change on the year before
How Milano compares
Questions
What is the average property price per m² in Milano?
€3,512 per m² in 2025, from Agenzia delle Entrate - Osservatorio del Mercato Immobiliare (OMI).
How much have property prices risen in Milano?
+5.6% a year on average from 2016 to 2025, and +4.7% in 2026 so far.
What rental yield can you get in Milano?
4.4% of the price a year on average for 12-month lets in 2016–2025, and 3.8% in 2025. These are gross figures, before costs, fees, empty months and tax.
Sources
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