All Italy guides
Milan skyline
Airbnb Regulations  ·  Italy

Airbnb in Milan: License, Income & Investment Guide 2026

By HostPal Editorial·Updated 306 days ago·Source: Inside Airbnb

Milan short-term rental market data, neighbourhood breakdown, and regulation summary.

At a glance
Median occupancy
30%
+13.6 pts YoY
Median daily rate
$130.68
-2.4% YoY
Active listings
16,143
22,933 total
Revenue per available night
$24.84

Year-over-year performance

Compared to the closest snapshot from approximately 12 months ago, the Milan short-term rental market has shifted in measurable ways. Occupancy among active listings is up 13.6 points, while the median daily rate is down 2.4 percent.

Milan — occupancy over time 15% 2y ago 2023-09 16% 1y ago 2024-09 30% Now 2025-09

Looking further back: Two years ago, 15.2 points lower.

When Milan Airbnbs perform best

Monthly occupancy data shows the seasonal rhythm of the Milan short-term rental market. Use this to plan dynamic pricing, target peak demand, and avoid lulls.

Milan — monthly occupancy 36% 43% 39% 49% 49% 53% 63% 64% 70% 54% 36% 34% JanFebMarAprMayJunJulAugSepOctNovDec 100% 0%

How Milan compares to Italy

Benchmarked against 9 other Italy markets we track, Milan's metrics tell a clear story.

Occupancy vs national
+0 pts vs national
National median: 30%
Daily rate vs national
+0% vs national
National median: $130.7

What kind of Airbnbs are in Milan?

Of the 16,143 active operating listings, 91.1% are entire homes (vs private rooms), and 37% are operated by Airbnb Superhosts.

Bedroom mix among active listings
1 BR
2 BR
Studio: 5.5%1 BR: 71.8%2 BR: 18.3%3 BR: 3.5%4+ BR: 0.9%

Top neighborhoods in Milan

The 87 neighborhoods we track range from established tourist hotspots to emerging investment zones. Here are the five strongest by revenue.

NeighborhoodListingsOccupancyRevPARYoY
GIARDINI PORTA VENEZIA418%$55.19+8.1 pts YoY
CANTALUPA430%$52.7+26.7 pts YoY
PARCO SEMPIONE2336%$50.76+14.6 pts YoY
BRERA66424%$48.17+4.3 pts YoY
DUOMO1,13124%$46.12+4.3 pts YoY

Frequently asked questions

What is the average Airbnb occupancy in Milan?
Active Airbnb listings in Milan run at ~30% occupancy (up 13.6 points year over year). Source: Inside Airbnb.
What is the median daily rate for an Airbnb in Milan?
The median Airbnb daily rate (ADR) in Milan is approximately $130.68, down 2.4% year over year. Based on listings with at least one review in the last 12 months.
How many active Airbnb listings are in Milan?
There are approximately 16,143 active short-term rental listings in Milan (listings with at least one booking in the last 12 months).
Is Airbnb income growing or shrinking in Milan?
Compared to a year ago, Milan short-term rental performance has shifted: occupancy +13.6 pts, daily rate -2.4%. Underlying data comes from the latest Inside Airbnb snapshot vs the closest archive ~12 months prior.

Keep exploring

More in this country
All Italy markets
Compare cities, find the best yield
Head-to-head
Milan vs Venice
Side-by-side metrics + bottom line
Head-to-head
Milan vs Florence
Side-by-side metrics + bottom line
Head-to-head
Milan vs Rome
Side-by-side metrics + bottom line
Going deeper?

Get the full Milan investment report

Property-level financials, stress tests, neighborhood-by-neighborhood breakdowns, and an AI verdict on whether to buy.

See the full report →
Already hosting here?

Your guests are texting right now

HostPal answers them on WhatsApp 24/7 — in 50+ languages, from your own house rules and guidebook. Emergencies get escalated to you; the WiFi password doesn't. Live in under 10 minutes, no PMS required.

Try HostPal free for 7 days →
Methodology. Market metrics are derived from Inside Airbnb's 2025-09 snapshot, filtered to active listings (those with at least one booking in the last 12 months). Year-over-year deltas compare against the closest archived snapshot ~12 months prior. Sample sizes: occupancy n=9,889, ADR n=14,981.