Last updated on July 23, 2026

Average rent in
Milan, IL

Median rent

Median rent in Milan

$825/mo

decreased by13%

vs previous year

The average rent in Milan is $825 per month as of July 2026. This is 58% below the national average rent, or $1,120 less per month.

$1.19

average price per square foot

Total rentals

Available rentals in Milan

20

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Milan rentals at each price point

70%53%35%18%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Milan, IL

Average rent prices in Milan have decreased by 22% over the last month and have decreased by 13% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Milan, IL

Rent prices in Milan vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Milan is $837, whereas a house costs $1,250. 1-bedroom apartments in Milan run $750 on average, while 2-bedroom apartments are $825.

Listings

Studio

$840

-

-

1 bedroom

$750

9%

14%

2 bedroom

$1,047

14%

7%

3 bedroom

$1,400

2%

-

4 bedroom

$1,700

1%

13%

Studio

Average rent

$840

1 bedroom

Average rent

$750

Last 30 days

9%

Last year

14%

2 bedroom

Average rent

$1,047

Last 30 days

14%

Last year

7%

3 bedroom

Average rent

$1,400

Last 30 days

2%

4 bedroom

Average rent

$1,700

Last 30 days

1%

Last year

13%

The table above reflects average rent prices in Milan, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Milan, IL compare to other cities?

Compare median rent prices in Milan and Aledo by all bedroom counts and property types.

Milan

Median rent price$825
decreased by58%

lower than the national median

Median rent price$1,000
decreased by49%

lower than the national median

Takeaway

The median rent for all rentals in Milan, IL is 18% lower than the median rent in Aledo, IL.

Discover rentals in Milan, IL

213 28th Ave W - Photo 1 of 1

5d+ ago

Apartment for rent in Milan

Apartment for rent

SL AAC2702 - Photo 1 of 1

2d ago

8.8

Very good

SL AAC2702

2702 117th Ave W, Milan, IL 61264

2 beds

1 bath

$795

Apartment for rent

908 Asbury Ct. - Photo 1 of 1

1d ago

8.3

Very good

908 Asbury Ct.

908 Asbury Ct, Milan, IL 61264

2 beds

1 bath

$1,000

Apartment for rent

412 11th Ave W #2 - Photo 1 of 1

5d+ ago

Apartment for rent in Milan

410/412 11th Ave W. - 2

412 11th Ave W #2, Milan, IL 61264

3 beds

1.5 baths

$1,295

Apartment for rent

Available Aug 1

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Milan, IL

Quick answers to common questions about the Milan rental market.

How much is rent in Milan?

The average rent in Milan is $825 per month as of July 18, 2026.

Is rent up or down in Milan?

Average rent prices in Milan have decreased by 22% over the last month and have decreased by 13% since last year.

How does Milan rent compare to the national average?

Rent in Milan is 58% below the national average, which means renters are paying approximately $1,120 less per month.

What salary do I need to afford rent in Milan?

To comfortably afford rent in Milan, you'd need to earn approximately $33,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Milan?

Based on our current listings, Milan welcomes pet owners with 67% of rental listings accommodating pets. With about 6 apartments available monthly, this works out to roughly 4 pet-friendly options each month.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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