Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Milan area can be challenging. Home prices in Milan are now at a median cost of $127,961, lower than the Illinois average of $242,002.
The average cost of rent is $742/mo in Milan, primarily driven by the current value of real estate in the Milan area. While nearly 42.36% of residents own their homes outright in Milan, 27.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Milan is $5,271 per month. Households that rent pay about 14.08% of their income on rent here. Milan's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Oak Grove, IL: higher priced homes
- Rock Island, IL: less expensive homes
- Moline, IL: equally priced homes
- Coal Valley, IL: higher priced homes
- Preemption, IL: higher priced homes
- Sunny Hill Estates, IL: higher priced homes
- Andalusia, IL: higher priced homes
- Buffalo, IA: higher priced homes
- Taylor Ridge, IL: higher priced homes
- Reynolds, IL: higher priced homes
Cities with Similar Populations
- Raritan, NJ: higher priced homes
- Millburn, NJ: higher priced homes
- Millis, MA: higher priced homes
- Mills River, NC: higher priced homes
- Millstadt, IL: higher priced homes
- Miramar Beach, FL: higher priced homes
- Monona, WI: higher priced homes
- Monroeville, AL: less expensive homes
- Monrovia, MD: higher priced homes
- Monticello, FL: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood