Average Rent in Milan, IL and Rent Price Trends

Rent price trends in
Milan, IL

Rent price trends

Rent prices for all bedroom counts and property types in Milan, IL have increased by 32% in the last month and have increased by 5% in the last year.

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

Rent comparables in
Milan, IL
The monthly rent for an apartment in Milan, IL is $900. A 1-bedroom apartment in Milan, IL costs about $675 on average, while a 2-bedroom apartment is $995. Houses for rent in Milan, IL are more expensive, with an average monthly cost of $1,300.


1 bedroom	$725	1%	-
2 bedroom	$850	16%	3%
3 bedroom	$1,150	3%	9%
4 bedroom	$1,250	No Change	-
Studio	$600	-	-


Apartments	$900	28%	No Change
Condos	$1,100	-	-
Houses	$1,300	3%	No Change

Studio

Average rent

$600

1 bedroom

Average rent

$725

Last 30 days

2 bedroom

Average rent

$850

Last 30 days

16%

Last year

3 bedroom

Average rent

$1,150

Last 30 days

Last year

4 bedroom

Average rent

$1,250

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.

Compare rent prices in Milan, IL to other cities

Median rent prices in Milan, IL for all bedroom counts and property types compared to Aledo, IL.

Milan

Median rent price$1,150

40%

lower than the national median

Median rent price$850

56%

lower than the national median

Takeaway

The median rent for all rentals in Milan, IL is 35% higher than the median rent in Aledo, IL.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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