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Milan, MO
Full City Profile · Missouri
3.0
/5.0
B
Good
1,883
Population
1,064/sq mi density
$52,647
Median Income
$25,159 per capita
$89,700
Home Value
$102,428 Zillow
$699
Median Rent
18.1% income on rent
52°F
Avg Temperature
252 sunny days/yr
269
Violent Crime/100K
967 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$52,647 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$89,700 home value, $699/mo rent
F
Safety
1.0 / 5.0
269 violent crimes/100K
C
Education
2.2 / 5.0
15.0% bachelor's degree or higher
Housing Overview
Median Home Value
$89,700
68% below
US avg: $281,900
Median Rent
$699/mo
40% below
US avg: $1,163/mo
Homeownership Rate
57.7%
12% below US avg (65.4%)
Total Housing Units
898
Median year built: 1967
Home Value by Source
Census Median
$89,700
Zillow (ZHVI)
$102,428
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
57.7%
Owner-Occupied
42.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$732/mo
1 Bedroom
$775/mo
2 Bedroom
$970/mo
3 Bedroom
$1,265/mo
4 Bedroom
$1,457/mo
Census median rent:
$699/mo
Affordability & Housing Stock
Rent Burden
18.1%
of renters spending 30%+ of income on housing
42% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
57.7%
Complete Housing Data
Home Values
| Census Median Value | $89,700 |
| Zillow Home Value (ZHVI) | $102,428 |
Rent
| Census Median Rent | $699 |
| FMR Studio | $732 |
| FMR 1-Bedroom | $775 |
| FMR 2-Bedroom | $970 |
| FMR 3-Bedroom | $1,265 |
| FMR 4-Bedroom | $1,457 |
Market
Ownership & Stock
| Owner-Occupied | 57.7% |
| Renter-Occupied | 42.3% |
| Homeownership Rate | 57.7% |
| Total Housing Units | 898 |
| Median Year Built | 1967 |
| Rent Burden | 18.1% |