In Milan, you might spend about €1,000 per month for a two-bedroom apartment. You could buy a studio for about €80,000, and would need about twice that for something with a balcony, a view or a fashionable address.
You can consult Secondamano (http://www.secondamano.it) to get an idea of prices and availability in Milan. It's a weekly newspaper (and a website) of free adverts that you can find such as accommodation, real estates, jobs, cars... You will have to register (free)online to access the ads.
This town is very fast and dynamic and it's easy for a stranger to live and drive around. There are lots of industries, and offices spread all over the town. That's why commuting is not a problem (you can use the metro!). The tradition of fashion designer and the status of financial heart of Italy has attracted a lot of expatriates but also kas distorted a bit the value of the goods.
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Looking for cheap accommodation in Milan isn’t easy and can be time consuming. Fortunately the times of browsing innumerable adverts, making hundreds of phone calls and visiting dozen of houses belong to the past: with Uniplaces now you can look for your room comfortably sitting at home. You can pick a room in a shared home with other expats, a studio flat if you want more privacy, or you can team up with other friends and rent an entire apartment just for yourselves.
The booking system is very simple and doesn’t require any visit: all can be done in advance thanks to the detailed descriptions and photos of the rooms and you can secure your room before even getting there. Moreover the Uniplaces team will be available for any questions and help.
Uniplaces is an online marketplace for booking mid-long term accommodation with thousands of verified properties.