Cheap Houses for Rent in Milan, IL

1 rentals

  • 516 127th Ave, Milan, IL 61264
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    PET FRIENDLY
    $950/mo
    2 Beds
    1 Bath
    864 sqft
    516 127th Ave,
    Milan, IL 61264

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    Milan
    Single Family Home
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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 for a house increased in Sep 2026 compared to the previous month. Rent for houses peaked in Mar 2026.
MonthAverage rent
Jul 2025$950
Aug 2025$1,500
Sep 2025$1,195
Oct 2025$1,200
Feb 2026$1,200
Mar 2026$1,691
Apr 2026$2,030
May 2026$1,200
Jun 2026$2,800
Jul 2026$1,100
Aug 2026$875
Sep 2026$1,100
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Average Rent By Bedroom and Home Type

In September 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$695$1,000$950—$1,000
Apartments and Condos—$825——$825
Houses—$1,400$950—$950
See more information about local market trends in Milan, IL

Frequently Asked Questions about Houses for rent in Milan, IL

  • What is the average rent of a house in Milan, IL?
    The average rent of a house in Milan, IL is $950 per month. This is about 51% lower than the national average.
  • What are the cheapest months to find a house to rent in Milan, IL?
    Last year, the cheapest month to find a house to rent was Jul 2025 when it was $950 per month.
  • How many cheap houses are available in Milan, IL?
    There are 1 houses to rent that are cheaper than the city’s average rent of $950.
  • When is the average rent for a house most expensive in Milan, IL?
    In the last year, the average rent in Milan, IL was highest in Jun 2025 when it was $1,500 per month.
  • How does the rent of a 3 bedroom house compare to a 2 bedroom house in Milan, IL?
    The average rent of a 3 bedroom house in Milan, IL is $950 per month. That is about $450 less than the cost of a 2 bedroom house.
  • 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: Casas baratas en renta en Milan, IL - 137 Rentas | Trulia