Expensive
Affordable
Affordable
Colorblind friendly
off
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 $138,883, lower than the Minnesota average of $345,793.
The average cost of rent is $929/mo in Milan, primarily driven by the current value of real estate in the Milan area. In Milan, 16.56% of households rent, and 57.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Milan is $5,964 per month. Households that rent pay about 15.58% of their income on rent here. Milan’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hagan, MN: higher priced homes
- Holloway, MN: equally priced homes
- Watson, MN: higher priced homes
- Appleton, MN: less expensive homes
- Danvers, MN: higher priced homes
- Montevideo, MN: higher priced homes
- Louisburg, MN: higher priced homes
- Dawson, MN: higher priced homes
- Wegdahl, MN: higher priced homes
- Correll, MN: equally priced homes
Cities with Similar Populations
- Waverly, KY: equally priced homes
- Hazel Green, KY: less expensive homes
- Hecker, IL: higher priced homes
- Herman, NE: higher priced homes
- Heron Lake, MN: less expensive homes
- Hillsboro, GA: higher priced homes
- Hodges, AL: less expensive homes
- Hoskins, NE: higher priced homes
- Hot Sulphur Springs, CO: higher priced homes
- Hoyleton, IL: less expensive homes
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