What's the average rent in Milan, IL?
Rental Market Trends in Milan, IL
Choose another city
SOURCE: TRULIA DATA
Rental market highlights
As of July 2026, the average rent in Milan, IL is $825 per month, which is 58% lower than the national average rent of $1,951 per month.
AVERAGE RENT
$825
-4.6%-$40 decrease month-over-month
-13.2%-$125 decrease year-over-year
AVAILABLE RENTALS
10
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $700 |
| 2 Bedrooms | $825 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | — |
| All | $825 |
As of July 2026, the average rent for a 1 bedroom rental in Milan, IL is $700 per month, followed by $825 for a 2 bedroom rental, and $1,350 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $700 |
| 2 Bedrooms | $800 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $750 |
As of July 2026, the average rent for a 1 bedroom apartment in Milan, IL is $700 per month, followed by $800 for a 2 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | — |
| All | $1,100 |
As of July 2026, the average rent for a 2 bedroom house in Milan, IL is $1,100 per month, followed by $1,350 for a 3 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -13% compared to the previous year, which is a $125 decrease.
This year (2026)
Last year (2025)
Rent distribution
62% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $675 to $1,350.
