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Milan, MN
Full City Profile · Minnesota · Swift County County
2.5
/5.0
C+
Fair
498
Population
732/sq mi density
$50,625
Median Income
$23,332 per capita
$70,000
Home Value
$79,730 Zillow
$1,102
Median Rent
16.1% income on rent
46°F
Avg Temperature
276 sunny days/yr
74
Violent Crime/100K
2,868 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.8 / 5.0
$50,625 median income, 10.4% unemployment
A+
Affordability
5.0 / 5.0
$70,000 home value, $1,102/mo rent
F
Safety
1.0 / 5.0
74 violent crimes/100K
C
Education
2.4 / 5.0
17.4% bachelor's degree or higher
Housing Overview
Median Home Value
$70,000
75% below
US avg: $281,900
Median Rent
$1,102/mo
5% below
US avg: $1,163/mo
Homeownership Rate
77.8%
19% above US avg (65.4%)
Total Housing Units
162
Median year built: 1938
Home Value by Source
Census Median
$70,000
Zillow (ZHVI)
$79,730
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.8%
Owner-Occupied
22.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,102/mo
Affordability & Housing Stock
Rent Burden
16.1%
of renters spending 30%+ of income on housing
48% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
77.8%
Complete Housing Data
Home Values
| Census Median Value | $70,000 |
| Zillow Home Value (ZHVI) | $79,730 |
Rent
| Census Median Rent | $1,102 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 77.8% |
| Renter-Occupied | 22.2% |
| Homeownership Rate | 77.8% |
| Total Housing Units | 162 |
| Median Year Built | 1938 |
| Rent Burden | 16.1% |