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Milan, MI
Full City Profile · Michigan · Washtenaw County County
3.6
/5.0
B+
Good
6,070
Population
1,744/sq mi density
$93,016
Median Income
$40,943 per capita
$233,700
Home Value
$298,199 Zillow
$1,083
Median Rent
35.6% income on rent
49°F
Avg Temperature
260 sunny days/yr
213
Violent Crime/100K
737 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$93,016 median income, 4.2% unemployment
A+
Affordability
5.0 / 5.0
$233,700 home value, $1,083/mo rent
F
Safety
1.0 / 5.0
213 violent crimes/100K
B+
Education
4.0 / 5.0
37.2% bachelor's degree or higher
Housing Overview
Median Home Value
$233,700
17% below
US avg: $281,900
Median Rent
$1,083/mo
7% below
US avg: $1,163/mo
Homeownership Rate
70.3%
7% above US avg (65.4%)
Total Housing Units
2,670
Median year built: 1968
Home Value by Source
Census Median
$233,700
Zillow (ZHVI)
$298,199
Median Sale Price
$303,995
Median List Price
$291,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.3%
Owner-Occupied
29.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$1,083/mo
Market Indicators (Redfin)
Median Days on Market
107 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
40.0%
of listings with price reduction
Price Per Sq Ft
$171
Active Inventory
15
homes for sale
Affordability & Housing Stock
Rent Burden
35.6%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
70.3%
Complete Housing Data
Home Values
| Census Median Value | $233,700 |
| Zillow Home Value (ZHVI) | $298,199 |
| Median Sale Price | $303,995 |
| Median List Price | $291,950 |
| Price Per Sq Ft | $171 |
Rent
| Census Median Rent | $1,083 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 107 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 40.0% |
| Homes Sold | 8 |
| Active Inventory | 15 |
| Price Per Sq Ft | $171 |
Ownership & Stock
| Owner-Occupied | 70.3% |
| Renter-Occupied | 29.7% |
| Homeownership Rate | 70.3% |
| Total Housing Units | 2,670 |
| Median Year Built | 1968 |
| Rent Burden | 35.6% |