What's the average rent in Milan, IL?
Rental Market Trends in Milan, IL
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SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Milan, IL is $900 per month, which is 53% lower than the national average rent of $1,930 per month.
AVERAGE RENT
$900
-21.8%-$251 decrease month-over-month
28.6%$200 increase year-over-year
AVAILABLE RENTALS
5
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $750 |
| 2 Bedrooms | $850 |
| 3 Bedrooms | $2,800 |
| 4 Bedrooms | — |
| All | $850 |
As of May 2026, the average rent for a 1 bedroom rental in Milan, IL is $750 per month, followed by $850 for a 2 bedroom rental, and $2,800 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $750 |
| 2 Bedrooms | $850 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $850 |
As of May 2026, the average rent for a 1 bedroom apartment in Milan, IL is $750 per month, followed by $850 for a 2 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $850 |
| 3 Bedrooms | $2,800 |
| 4 Bedrooms | — |
| All | $850 |
As of May 2026, the average rent for a 2 bedroom house in Milan, IL is $850 per month, followed by $2,800 for a 3 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +29% compared to the previous year, which is a +$200 increase.
This year (2026)
Last year (2025)
Rent distribution
67% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $850 to $2,800.
