Is it profitable to do Airbnb in Milan, Italy?
What is the occupancy rate of Airbnb in Milan, Italy?
What is the average daily rate of Airbnb in Milan, Italy?
Italy / Milan
Milan, Airbnb Market Statistics & Data, Italy
A typical short-term rental listing in Milan is booked for 255 nights a year, with a median occupancy rate of 70% and an average daily rate of €116. In 2023, a typical host income (annual revenue) was €28K. As of 12th September, 2024, there are 19,811 active Airbnb listings.
Average Revenue: €28K/yr
Occupancy Rate
70%
Avg Daily Rate
€116
Mid Scale
No. of Listings
29,775
Big
YoY Revenue Change
-3.4%
Best Month
September
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
€1,692
Average
€2,325
High
€3,035
Is Airbnb Profitable in Milan?
Yes, there is good short-term rental demand. A 70% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rental investment typically is double the amount of traditional rentals.
Starting an Airbnb in Milan
Short-term rental regulation is lenient in Milan. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
Average Airbnb Occupancy Rate in Milan
A typical listing recorded a 70% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 69.58% of the guests are international guests, and visitors from Italy is the largest group. Learn more about guest origin!.
You can find the distribution graph of daily rate and revenue in our market dashboard.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 70%
19,811 Active Listings
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Explore Milan's Airbnb Data ⟶
Best Areas in Milan for Airbnb
Are you wondering where to invest in Milan? Look no further!
- Duomo di Milano (Milan Cathedral)
- Galleria Vittorio Emanuele II
- Sforza Castle (Castello Sforzesco)
- Leonardo da Vinci's The Last Supper
- Brera Art Gallery (Pinacoteca di Brera)
- Navigli District
- Teatro alla Scala
- Milan Fashion District (Quadrilatero della Moda)
- San Siro Stadium
- Porta Nuova
Top demand Airbnb in Milan
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 19,811 listings.
See 19,811 listing Statistics
Professional Short-term rental property managers in Milan
We've compiled a list of host profiles that manage the most Airbnb properties in Milan. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Milan
Here is a breakdown of short-let properties in Milan. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
Property Size
Amenities
Property Type
Cancelation Policy Type
By Channel Type