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 $173,209, lower than the Ohio average of $181,280.
The average cost of rent is $856/mo in Milan, primarily driven by the current value of real estate in the Milan area. While nearly 48.95% of residents own their homes outright in Milan, 19.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Milan is $5,789 per month. Households that rent pay about 14.79% of their income on rent here. Milan's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
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Cities with Similar Populations
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