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States / Illinois / Milan

Milan, IL Housing

ACS 2020-2024

Median Home Value
$119,300 ± $11,658
Median Gross Rent
$963 ± $343/mo
Homeownership Rate
66.0%
Rent as Share of Income
18.5%
Price-to-Income Ratio
1.9×
Vacancy Rate
5.6%
Median Year Built
1967

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
12
Buildings
6
Single-Family Units
4
Multi-Family Units
8

Nearby Cities in Illinois

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Milan, IL Housing: Rent & Home Values | HomeDataUSA