Rent affordability · Milan
Can I afford €1,500/month rent in Milan?
€1,500/month puts you in the top 50% of renters in Milan by rent amount — exactly at the city median (€1,500).
Salary you need to afford this
Based on gross annual salary. The 30% rule (manageable threshold) is the most widely used benchmark — it means €1,500/month consumes exactly 30% of your monthly income.
How this compares in Milan
€900
Budget rent
P10
€1,500
Typical rent
median
€2,600
High-end rent
P90
People in Milan typically spend 24–44% of their gross income on rent. The median renter spends 33%.
Data confidence: low · ISTAT housing survey + Numbeo crowdsourced data (2024) · 2024
Frequently asked questions
Can I afford €1,500/month rent in Milan?
Whether you can afford €1,500/month in Milan depends on your salary. At the standard 30% rule, you need at least €60,000/year gross. At a stricter 25% threshold, you need €72,000/year. €1,500/month is below the city median — 50% of renters in Milan pay less.
What salary do I need to afford €1,500 rent in Milan?
To afford €1,500/month without spending more than 30% of gross income on rent, you need at least €60,000/year. For a more comfortable 25% target, the threshold rises to €72,000/year. At 35% — considered financially stretched — the minimum falls to €51,429/year.
Is €1,500/month rent expensive in Milan?
€1,500/month is exactly at the city median. 50% of renters in Milan pay less than this amount. Rent across Milan ranges from roughly €900 (cheapest 10%) to €2,600 (top 10%).
Other rent amounts in Milan