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Milan, IL
Full City Profile · Illinois · Rock Island County County
3.2
/5.0
B
Good
5,037
Population
805/sq mi density
$61,188
Median Income
$40,178 per capita
$120,300
Home Value
$184,375 Zillow
$817
Median Rent
28.3% income on rent
51°F
Avg Temperature
275 sunny days/yr
419
Violent Crime/100K
1,496 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$61,188 median income, 0.8% unemployment
A+
Affordability
5.0 / 5.0
$120,300 home value, $817/mo rent
F
Safety
1.0 / 5.0
419 violent crimes/100K (10% above avg)
C+
Education
2.9 / 5.0
24.1% bachelor's degree or higher
Housing Overview
Median Home Value
$120,300
57% below
US avg: $281,900
Median Rent
$817/mo
30% below
US avg: $1,163/mo
Homeownership Rate
67.3%
3% above US avg (65.4%)
Total Housing Units
2,654
Median year built: 1968
Home Value by Source
Census Median
$120,300
Zillow (ZHVI)
$184,375
Median Sale Price
$149,333
Median List Price
$194,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
67.3%
Owner-Occupied
32.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$817/mo
Market Indicators (Redfin)
Median Days on Market
63 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
18.2%
of listings with price reduction
Price Per Sq Ft
$101
Active Inventory
11
homes for sale
Affordability & Housing Stock
Rent Burden
28.3%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
67.3%
Complete Housing Data
Home Values
| Census Median Value | $120,300 |
| Zillow Home Value (ZHVI) | $184,375 |
| Median Sale Price | $149,333 |
| Median List Price | $194,900 |
| Price Per Sq Ft | $101 |
Rent
| Census Median Rent | $817 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 63 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 18.2% |
| Homes Sold | 2 |
| Active Inventory | 11 |
| Price Per Sq Ft | $101 |
Ownership & Stock
| Owner-Occupied | 67.3% |
| Renter-Occupied | 32.7% |
| Homeownership Rate | 67.3% |
| Total Housing Units | 2,654 |
| Median Year Built | 1968 |
| Rent Burden | 28.3% |