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 October 2026, the average rent in Milan, IL is $825 per month, which is 58% lower than the national average rent of $1,948 per month.
AVERAGE RENT
$825
-1.2%-$10 decrease month-over-month
-22.4%-$238 decrease year-over-year
AVAILABLE RENTALS
4
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $695 |
| 2 Bedrooms | $825 |
| 3 Bedrooms | $1,225 |
| 4 Bedrooms | — |
| All | $825 |
As of October 2026, the average rent for a 1 bedroom rental in Milan, IL is $695 per month, followed by $825 for a 2 bedroom rental, and $1,225 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $825 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $825 |
As of October 2026, the average rent for a 2 bedroom apartment in Milan, IL is $825 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +8% compared to the previous year, which is a +$81 increase.
This year (2026)
Last year (2025)
Rent distribution
100% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $825 to $1,225.
