Cheap Apartments for Rent in Milan, IL

2 rentals

Apartments For Rent Near Milan, IL

We found 30 more apartments matching your filters just outside Milan

Average Rent Trends in Milan, IL

Rent in Milan, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Oct 2026 compared to the previous month. Rent previously peaked in Feb 2025.
MonthAverage rent
Nov 2025$900
Dec 2025$1,000
Jan 2026$900
Feb 2026$1,082
Mar 2026$1,300
Apr 2026$1,123
May 2026$900
Jun 2026$865
Jul 2026$825
Aug 2026$795
Sep 2026$950
Oct 2026$1,126
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Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types$695$825$1,225—$825
Apartments and Condos—$825——$825
See more information about local market trends in Milan, IL

Frequently Asked Questions about Rentals in Milan, IL

  • What is the average rent of an apartment in Milan, IL?
    The average rent of an apartment in Milan, IL is $1,047 per month. This is about 46% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Milan, IL?
    Last year, the cheapest month to find an apartment to rent was May 2025 when it was $700 per month.
  • How many cheap apartments are available in Milan, IL?
    There are 1 apartments to rent that are cheaper than the city’s average rent of $825.
  • When is the average rent most expensive in Milan, IL?
    In the last year, the average rent in Milan, IL was highest in Feb 2025 when it was $1,216 per month.
  • What are some zip codes in Milan, IL?
    Milan, IL includes zip codes such as: 61264.
  • What are some cities near Milan, IL?
    Some nearby cities include: Oak Grove, Coyne Center, Rock Island, Preemption, Sherrard. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Milan, IL - 568 Rentas | Trulia