The OMI values of the Italian Revenue Agency, area by area: a yardstick for comparison, not an appraisal of a single property.
In Milan, the price of a home depends above all on the area. In the 1st half of 2026, the highest maximum is €12,500/m², in Centro Storico - Brera and City Life, while the lowest minimum is €1,900/m², in a suburban area (E8, Quarto Oggiaro, Sacco). If you are reading an auction, the first question is where the property is located.
There are 42 areas with values. In the nine central areas, the average of the minimums is €6,856/m² and the average of the maximums is €9,200/m². If an auction is in a central area, this is the first reference to use. For all 42 areas there is also the value for excellent condition, so you can compare that as well.
Rents follow the same logic. The 4+4 is the open-market lease (4+4 open-market lease) and in 2025 it has an average rent of €17.2/m² per month. The 3+2 is the agreed-rent lease (canone concordato), at €15.2/m² per month. If you want to rent, keep an eye on these two figures.
To understand the context, you can also look at income and the market. According to the MEF (Ministry of Economy and Finance), in 2024 the average declared income in Milan is €41,865. In the provisional data of the Italian Revenue Agency (Agenzia delle Entrate) OMI property values (quotazioni OMI), home sales in the provincial capital over the last four quarters are 23,776. In the 2nd quarter of 2026 there are 6,052, with an annual change of -1%. The share of purchases with a mortgage is 54%.
Always compare the auction price with the OMI range for the area, and remember that those values are averages and do not replace a check on the property itself.
Text updated on 5 November 2026, on OMI values for the first half of 2026.
| Band | Areas | Average minimum €/m² | Average maximum €/m² |
|---|---|---|---|
| Centrale | 9 | 6,856 | 9,200 |
| Semicentrale | 9 | 5,200 | 7,300 |
| Periferica | 20 | 3,192 | 4,225 |
| Suburbana | 4 | 2,275 | 3,000 |
From 1,900 €/m² in the cheapest area to 12,500 €/m² in the most expensive one (6.6 times as much). Median rent: 14.4 €/m² a month.
Source: Italian Revenue Agency (Agenzia delle Entrate) – OMI property values, first half of 2026. Type: standard homes. Sale in €/m², rent in €/m² a month, minimum and maximum of the area. Areas with a link have a page with the auctions in progress.
| Area | Band | Sale €/m² | Rent €/m² a month |
|---|---|---|---|
| B12Centro Storico -Duomo, Sanbabila, Montenapoleone, Missori, Cairoli · Central | Central | 8,700 – 11,400 | 26 – 35 |
| B13Centro Storico -Universita Statale, San Lorenzo · Central | Central | 7,000 – 9,000 | 20 – 27 |
| B15Centro Storico - Brera · Central | Central | 9,800 – 12,500 | 27 – 35.5 |
| B16Centro Storico -Sant'Ambrogio, Cadorna, Via Dante · Central | Central | 7,000 – 9,400 | 21.5 – 29 |
| B17Parco Sempione, Arco della Pace, Corso Magenta · Central | Central | 5,800 – 8,200 | 18 – 26 |
| B18Turati, Moscova, Corso Venezia · Central | Central | 6,700 – 9,200 | 20 – 27 |
| B19Venezia, Porta Vittoria, Porta Romana · Central | Central | 6,400 – 8,900 | 20 – 28 |
| B20Porta Vigentina, Porta Romana · Central | Central | 5,200 – 7,200 | 17 – 21 |
| B21Porta Ticinese, Porta Genova, Via San Vittore · Central | Central | 5,100 – 7,000 | 16 – 21 |
| C12Pisani, Buenos Aires, Regina Giovanna · Semi-central | Semi-central | 5,800 – 7,200 | 17.5 – 25.5 |
| C13City Life · Semi-central | Semi-central | 8,300 – 12,500 | 28 – 40 |
| C14Porta Nuova · Semi-central | Semi-central | 5,000 – 7,000 | 17.5 – 26 |
| C15Stazione Centrale Viale Stelvio · Semi-central | Semi-central | 4,100 – 5,800 | 13.5 – 20 |
| C16Cenisio, Farini, Sarpi · Semi-central | Semi-central | 4,200 – 6,400 | 14.5 – 19.5 |
| C17Sempione, Pagano, Washington · Semi-central | Semi-central | 5,500 – 7,000 | 16 – 20 |
| C18Solari, P.Ta Genova, Ascanio Sforza · Semi-central | Semi-central | 4,600 – 6,500 | 14.5 – 19.5 |
| C19Tabacchi, Sarfatti, Crema · Semi-central | Semi-central | 4,400 – 6,400 | 14.5 – 21.9 |
| C20Libia, XXII Marzo, Indipendenza · Semi-central | Semi-central | 4,900 – 6,900 | 12.5 – 19.9 |
| D10Parco Lambro, Feltre, Udine · Outskirts | Outskirts | 3,000 – 4,200 | 12 – 16.4 |
| D12Piola, Argonne, Corsica · Outskirts | Outskirts | 3,900 – 5,500 | 12.5 – 15.6 |
| D13Lambrate, Rubattino, Rombon · Outskirts | Outskirts | 3,100 – 4,100 | 12.5 – 17.5 |
| D16Tito Livio, Tertulliano, Longanesi, Ortomercato · Outskirts | Outskirts | 3,500 – 4,200 | 11.5 – 16 |
| D18Marocchetti, Vigentino, Chiesa Rossa · Outskirts | Outskirts | 2,750 – 4,100 | 11.3 – 15.9 |
| D20Ortles, Spadolini, Bazzi · Outskirts | Outskirts | 3,500 – 4,500 | 11.5 – 16 |
| D21Barona, Famagosta, Faenza · Outskirts | Outskirts | 2,900 – 4,200 | 11 – 15.9 |
| D24Segesta, Aretusa, Vespri Siciliani · Outskirts | Outskirts | 3,600 – 4,400 | 12.2 – 17 |
| D25Lorenteggio, Inganni, Bisceglie, San Carlo B. · Outskirts | Outskirts | 2,950 – 3,500 | 10.6 – 13.7 |
| D28Ippodromo, Caprilli, Monte Stella · Outskirts | Outskirts | 3,400 – 4,400 | 10.8 – 14.5 |
| D31Bovisa, Bausan, Imbonati · Outskirts | Outskirts | 2,900 – 4,200 | 11 – 15 |
| D32Bovisasca, Affori, P. Rossi, Comasina · Outskirts | Outskirts | 2,600 – 3,400 | 9.7 – 12.4 |
| D33Niguarda, Bignami, Parco Nord · Outskirts | Outskirts | 3,000 – 4,000 | 11.5 – 15 |
| D34Sarca, Bicocca · Outskirts | Outskirts | 3,500 – 4,400 | 11.5 – 16 |
| D35Monza, Crescenzago, Gorla, Quartiere Adriano · Outskirts | Outskirts | 2,950 – 4,200 | 8.7 – 13.7 |
| D36Maggiolina, Parco Trotter, Leoncavallo · Outskirts | Outskirts | 3,500 – 4,500 | 10 – 14.4 |
| D37Forlanini, Mecenate, Ponte Lambro · Outskirts | Outskirts | 2,900 – 3,600 | 12.5 – 15.4 |
| D38Santa Giulia, Rogoredo · Outskirts | Outskirts | 3,200 – 4,000 | 11.5 – 14.9 |
| D39Cascina Merlata, Expo · Outskirts | Outskirts | 3,800 – 5,600 | 14 – 21 |
| D40Musocco, Certosa · Outskirts | Outskirts | 2,900 – 3,500 | 11 – 15 |
| E5Baggio, Q. Romano, Muggiano · Suburban | Suburban | 2,200 – 3,100 | 9 – 12 |
| E6Gallaratese, Lampugnano, P. Trenno, Bonola · Suburban | Suburban | 2,700 – 3,400 | 9.5 – 13.5 |
| E7Missaglia, Gratosoglio · Suburban | Suburban | 2,300 – 2,700 | 6.8 – 9.5 |
| E8Quarto Oggiaro, Sacco · Suburban | Suburban | 1,900 – 2,800 | 7.8 – 10.4 |
Milan · Via Pontida 1
Storage room · 15 m²
€2,867/m²
Mortgage ≈ €174 a month (Indicative payment: a mortgage of 80% of the starting price over 25 years at the ECB average rate. Not a credit offer.)
Milan · Via Vincenzo Russo 12
Apartment · 76 m²
Previous starting price: €292,500 Cut by 15% (auction of 21 May 2026)
€3,271/m²
Mortgage ≈ €1,006 a month (Indicative payment: a mortgage of 80% of the starting price over 25 years at the ECB average rate. Not a credit offer.)
Milan · Via Cusago 160
Shop · 341 m²
Previous starting price: €350,000 Cut by 20% (auction of 16 June 2026)
€821/m²
Mortgage ≈ €1,133 a month (Indicative payment: a mortgage of 80% of the starting price over 25 years at the ECB average rate. Not a credit offer.)
Milan · Via Giuseppe Mercalli 5
Shop · 70.9 m²
€3,224/m²
Mortgage ≈ €925 a month (Indicative payment: a mortgage of 80% of the starting price over 25 years at the ECB average rate. Not a credit offer.)
Milan · Via Ambrogio Binda 27
Garage · 18 m²
Previous starting price: €28,000 Cut by 20% (auction of 7 July 2026)
€1,244/m²
Mortgage ≈ €91 a month (Indicative payment: a mortgage of 80% of the starting price over 25 years at the ECB average rate. Not a credit offer.)
Milan · Viale Col di Lana 5
Apartment · 62 m²
€5,242/m²
Mortgage ≈ €1,316 a month (Indicative payment: a mortgage of 80% of the starting price over 25 years at the ECB average rate. Not a credit offer.)
| Contract | €/m² a month | Homes |
|---|---|---|
| open-market lease 4+4 | 17.2 | 29,173 |
| agreed-rent lease 3+2 (canone concordato) | 15.2 | 8,793 |
| short-term lease (transitorio) | 13.9 | 23,592 |
| agreed short-term lease for students | 15.2 | 2,720 |
The OMI values of the Italian Revenue Agency are ranges for an area, a property type and a period. They do not value a single flat and do not replace a professional appraisal. A fair comparison also needs condition, floor, exposure and documentation.
On the auction pages, the “below the area value” discount shows how far the minimum offer per square metre is below the minimum of the area range. A lower value does not equal an expected gain.
See the Italian Revenue Agency values ↗
