Renting in Milan + How Dogpay Eases the Financial Process
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1. What the Milan Rental Market Looks Like
Milan is one of the most expensive rental markets in Italy, especially in central districts. Studio apartments often cost €1,200-€1,400+/month; a 1-bedroom in a desirable neighborhood can be €1,300-€1,700+.
If you share an apartment or rent farther from city centre, costs drop significantly. Shared rooms might cost €600-€800, depending on location.
2. Documents & Requirements
To rent as a foreigner in Milan, expect to provide:
Valid passport or ID.
Codice Fiscale (Italian tax code) – used for contracts, utilities, etc.
Proof of income: recent payslips, employment contract, bank statements, sometimes financial guarantees.
Residence permit / visa (if you are non-EU) or proof of legal stay in Italy.
3. Costs & Additional Fees to Budget
Item
Typical Cost in Milan
Security deposit
Usually 2-3 months of rent upfront.
Agency fee / broker fee
Agent commission often equal to 1 month’s rent + VAT, or a percentage (10-15%) of the annual rent value.
Utilities & bills
Electricity + gas + water + internet may run €150-€250+/month depending on size and usage.
Condominium / shared building charges
Maintenance of common areas, elevator, cleaning, etc., can add to monthly obligations.
4. Contract Types & Rental Terms
Common contract forms are 4+4 (4 years lease + 4 years extension) and 3+2 contracts (3 + 2 years).
Shorter/Transitory leases may be 1-18 months for students, expats, temporary assignments. These sometimes include furniture or other amenities.
Leases must usually be registered with Italian authorities / tax office.
5. How Dogpay Helps in the Renting Process
Scenario
Common Payment / Financial Difficulties
How Dogpay Adds Value
Paying deposit & first month’s rent (often large sums)
Traditional international bank transfers can be slow, expensive; unfavorable exchange rates can increase cost unexpectedly
Dogpay supports multi-currency fast transfers, transparency in fees & rates, potentially locking in favorable rates so you know exactly what you are paying
Paying agency or broker fees
Commission + VAT adds up; sometimes payment must be remote or via foreign bank
Dogpay helps manage these intermediary payments cleanly, with clear invoicing and categorization for those fees
Utilities setup & ongoing bills (electric, internet etc.)
Different providers, multiple small bills; delays or foreign transaction fees when paying from abroad
Dogpay can streamline recurring bill payments, help you set up in-country payment methods, reduce FX loss and delays
Document-/contract related payments (translations, registration, legal fees)
Small to medium expenses from different service providers; payments from abroad may incur fees or be delayed
Dogpay’s payment logs + exportable receipts help in tracking & proving your spend; speed and clarity helps avoid delays in starting your tenancy
6. Key Tips for Expats Looking to Rent in Milan
Act fast: good listings in desirable neighborhoods go quickly. Have your documents ready.
Clarify what is included in the rent (furniture, utilities, internet) to avoid surprises.
Negotiate where possible, especially for long-term leases.
Always check that the contract is registered and you receive the official documentation.
Budget carefully not just rent but deposits, agency fees, and monthly extras.