Bedroom count
Property type
Last updated on June 8, 2026
Average rent in
Milan, IL
Average rent in
Last updated on June 8, 2026
Bedroom count
Property type
Median rent
Median rent in Milan
$912/mo
24%vs previous year
The average rent in Milan is $912 per month as of June 2026. This is 53% below the national average rent, or $1,037 less per month.
average price per square foot
Total rentals
Available rentals in Milan
14
for rent on Zumper.com as of June 2026
Rent price distribution
Share of Milan rentals at each price point
This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Milan, IL, in the last 30 days, rent estimates may not represent the actual market.
Rent trends in Milan, IL
Average rent prices in Milan have decreased by 7% over the last month and have decreased by 24% 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 $895, whereas a house costs $1,450. 1-bedroom apartments in Milan run $775 on average, while 2-bedroom apartments are $1,350.
Listings | ||||
|---|---|---|---|---|
Studio | $850 | - | - | |
1 bedroom | $850 | No Change |  7% | |
2 bedroom | $1,100 | 1% | 12% | |
3 bedroom | $1,335 | 3% | 9% | |
4 bedroom | $1,600 | 1% | 14% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Milan, IL.
Listings | ||||
|---|---|---|---|---|
Apartments | $895 | 31% | 18% | |
Condos | $975 | - | - | |
Houses | $1,450 | No Change | No Change |
Studio
Average rent
$850
1 bedroom
Average rent
$850
Last year
7%
2 bedroom
Average rent
$1,100
Last 30 days
1%
Last year
12%
3 bedroom
Average rent
$1,335
Last 30 days
3%
Last year
9%
4 bedroom
Average rent
$1,600
Last 30 days
1%
Last year
14%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Milan, IL.
Apartments
Average rent
$895
Last 30 days
31%
Last year
18%
Condos
Average rent
$975
Houses
Average rent
$1,450
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
53%lower than the national median
54%lower than the national median
Takeaway
The median rent for all rentals in Milan, IL is 2% higher than the median rent in Aledo, IL.
Average rent in nearby cities
Explore rent trends in neighboring markets
$897
32%$1,210
3%$985
16%$1,124
14%$1,100
8%$950
33%$949
30%$1,020
5%$1,199
$1,100
$850
2%$1,125
29%Discover rentals in Milan, IL
37m ago
House for rent in Milan
612 1st Ave W, Milan, IL 61264
2 beds
1 bath
$1,275
$1,175
Price drop
House for rent
Available May 25
37m ago
House for rent in Milan
612 1st Ave W, Milan, IL 61264
2 beds
1 bath
$1,275
$1,175
Price drop
House for rent
Available May 25
37m ago
House for rent in Milan
612 1st Ave W, Milan, IL 61264
2 beds
1 bath
$1,275
$1,175
Price drop
House for rent
Available May 25
37m ago
House for rent in Milan
612 1st Ave W, Milan, IL 61264
2 beds
1 bath
$1,275
$1,175
Price drop
House for rent
Available May 25
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 $912 per month as of June 6, 2026.
Is rent up or down in Milan?
Average rent prices in Milan have decreased by 7% over the last month and have decreased by 24% since last year.
How does Milan rent compare to the national average?
Rent in Milan is 53% below the national average, which means renters are paying approximately $1,037 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 $37,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Milan?
Milan offers solid options for renters with pets, with 57% of listings welcoming furry companions. This makes the city particularly accommodating for residents who want to share their homes with pets.
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).