Milan, IL rental market
What is the average rent in Milan, IL?
Last updated August 12, 2026
Rental market summary
The average rent for all bedrooms and all property types in Milan, IL is $950.
Average rent
$950
Month-over-month change
+$150
Year-over-year change
+$50
Available rentals
13
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $490 to $1,500.
| Rent price | Number of rental properties |
|---|---|
| $0 | 1 |
| $600 | 1 |
| $700 | 3 |
| $800 | 1 |
| $900 | 2 |
| $1,000 | 1 |
| $1,100 | 1 |
| $1,200 | 1 |
| $1,300 | 2 |
| $1,400 | 2 |
| $1,500+ | 1 |
Average rent price over time
In the last year, rent has increased by $50 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $1,100 | $900 |
| Feb | $1,216 | $1,082 |
| Mar | $1,095 | $1,300 |
| Apr | $1,095 | $1,123 |
| May | $700 | $900 |
| Jun | $800 | $865 |
| Jul | $950 | $825 |
| Aug | $900 | $795 |
| Sep | $700 | No data |
| Oct | $1,045 | No data |
| Nov | $900 | No data |
| Dec | $1,000 | No data |
Market temperature
The Milan, IL rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Milan, IL is 53% lower than the national average.
$950
$2,000
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Frequently asked questions
1. What is the average rent in Milan, IL?
2. What is the average rent for a one-bedroom apartment in Milan, IL?
3. What is the average rent for a two-bedroom apartment in Milan, IL?
4. What is the average rent for a three-bedroom apartment in Milan, IL?
5. How much does it cost to rent a house in Milan, IL?
6. How has the rent in Milan, IL changed in the last year?
7. How much has the rent in Milan, IL increased/decreased in the last month?
8. How many available rentals are there in Milan, IL?
9. How do rent prices in Milan, IL compare with the national average?
Nearby areas
Zip codes in Milan, IL
