How much does rent cost in Milan? Tips to save!

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Emma Potter

Milan is one of the cities where the rent is highest both due to the strong presence of people who work in the city and the large demand for rooms by university students. Furthermore, being an economic, financial and event-rich center, it tends to be among the cities with the highest cost per meter house rental framework.

But what are the costs of renting in Milan? And what are the tips for saving when trying to find accommodation in the city? Find out with us in this dedicated guide.

How much does it cost to rent a house in Milan: prices per square meter.

According to the latest surveys conducted by market observers, the prices of properties for rent in Milan average around 22.46 euros per square meter, a figure that confirms how the expensive rents is increasingly evident in this metropolis, which is confirmed as one of the most expensive in Italy.

This average indicator was calculated on a fluctuation that sees prices go from a minimum of 15.51 euros to a maximum of 30.57 euros per square meter depending on the area in which you choose to rent a house. On average, therefore, a two-room apartment of 60 square meters has a price higher than 1300 euros.

The areas where rent costs less are those in the eastern part of the city where you can find houses for rent for an average of 17.30 euros per square meter, while neighborhoods such as Inganni, Viale Certosa, Bicocca, Corvetto and Rogoredo are in a slightly higher range with prices ranging between 18.30 euros and 19.30 euros per square meter.

Tips to save money when renting a house in Milan.

When renting a house in Milan there can be some useful suggestions that allow you to save money and find a solution that is in line with your needs. A first piece of advice could be to try the route of renting between private individuals, without involving real estate agencies.

In fact, looking among the ads for houses for rent from private individuals in Milan you can find interesting opportunities, with lower costs than those offered by real estate agencies.

Furthermore, renting directly from private individuals can significantly reduce costs, as you avoid agency fees and have greater freedom to negotiate.

In addition to this solution, to find a house and save on rent in Milan, follow these 3 tips:

  1. Choosing to rent a two-room apartment: Despite the average prices per square meter, two-room apartments are often the best solution, because they cost only a little more than studio apartments, and if there are two of you, you can choose to split the expenses and the apartment, thus reducing your monthly costs.
  2. Choosing the right areas: when renting a house in Milan it is good to evaluate the area carefully. In addition to considering the distance from your home to your workplace, you must also consider that there are areas that allow you to access significantly lower costs. For example, the Sempione, Ticinese, Porta Nuova areas are interesting and have more affordable costs.
  3. Sharing a home with one or more people: Another solution, instead of looking for a room in advance, is to make an agreement with two or three people to look for a house to share. In this way, by renting an entire house and then dividing the expenses equally between those who live there, the rental costs are significantly reduced.

Now that you know the prices and tips for saving, all you have to do is start your search for a house for rent in Milan!