Housing & Real Estate — Milan, Illinois

Overview

Total Housing Units2,610
Occupied2,470
Vacant140
Owner-Occupied1,662
Renter-Occupied808
Median Home Value (Census)$119,300
Estimated 2026~$135,000
Median Rent$817/mo
Median Property Tax$2,716/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income15.7%
Severely Rent-Burdened33.8%

Housing Age

Built 2010 or later207
Built 2000-2009175
Built 1990-199962
Built before 1960835
Median Year Built1968
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.