What could your Milan property earn?
A two-bedroom rental in Milan typically achieves around €150 a night at about 70% occupancy — roughly €3,188 gross per month.
By property size
| Size | Nightly rate | Nights / year | Gross / month | Gross / year |
|---|---|---|---|---|
| Studio | €105 | 255 | €2,231 | €26,775 |
| 1 bedroom | €128 | 255 | €2,720 | €32,640 |
| 2 bedrooms | €150 | 255 | €3,188 | €38,250 |
| 3 bedrooms | €195 | 255 | €4,144 | €49,725 |
| 4+ bedrooms | €240 | 255 | €5,100 | €61,200 |
These are indicative market estimates for a well-presented property, not a guarantee. Actual earnings depend on your location, presentation, availability, local regulation and season. Figures are gross revenue before cleaning (around €50 per stay here), taxes, utilities and local levies.
Letting in Milan
Rules and licensing
CIN registration applies, as it does nationally. Milan has additional rules around key boxes and self-check-in in the historic centre.
Tourist tax
Imposta di soggiorno per person per night, banded by property type.
How the year is shaped
Driven by the trade-fair calendar rather than tourism. Salone del Mobile in April and Fashion Weeks lift rates several times over the baseline for those days.
Who books here
Business travellers and trade-fair visitors midweek, city-break couples at weekends. Fast wifi and proximity to a metro line are the deciding factors.
Short-term rental rules change often and can differ by district, and building or condominium rules may restrict letting regardless of what the city permits. Treat this as orientation, not legal advice, and confirm the current position with the local authority before letting.
What drives the number in Milan
Peak season
Demand follows the tourist season. The best months to visit are April to June, September to October, and rates run highest then.
Typical occupancy
70% across the year for an actively managed listing — around 255 booked nights.
Cleaning
About €50 per stay, and roughly 64 stays a year at a four-night average.
Currency
Euro (EUR). 1 EUR = 1.08 USD / 1 EUR = 0.86 GBP
List it on Holistay
Publishing is free. Add a video walkthrough, set your nightly rate, and decide whether to accept offers on quiet dates. You can read the full Milan travel guide to see what guests coming here are planning around.