
Cheap Homes for Rent in Milan, IL from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Milan.


1604 30th St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

608 W 3rd St

1101 Gaines St

1701 25th St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

1401 8th St
Milan, IL Local Guide

How much does it cost to rent a home in Milan?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Milan 2 Bedroom Homes for Rent | $1,038 | $795 | $1,300 |
Milan 3 Bedroom Homes for Rent | $1,356 | $1,100 | $1,500 |
Milan 4 Bedroom Homes for Rent | $1,348 | $1,250 | $1,447 |
Milan 5 Bedroom Homes for Rent | $1,600 | $1,600 | $1,600 |
Browse Top Homes for Rent in Milan
Explore Milan
Milan, IL Local Guide
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Cheapest Available Milan Apartments for Rent and Nearby
 The cheapest available apartment rental in Milan, IL is a 1 Bed unit found at RIVERWALK LOFTS in the Vander Veer Park neighborhood priced from $620. Carriage Hill Apartments in the Vander Veer Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Milan apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
RIVERWALK LOFTS | 1 Bed 1 Bath | 1BR,1BA | $620 |
Carriage Hill Apartments | 1 Bedroom | 1BR,1BA | $625 |
Harrison Lofts | Studio - 40% | Studio,1BA | $627 |
Best Value Apartments for Rent in Milan, IL and Nearby
As of July 31, 2025 the best value apartment in the Milan area is the $1.05 price per square foot 3 BR/ 2 BA Model at Bucktown Lofts in the in the Vander Veer Park neighborhood starting from $1,750. The second greatest value Milan apartment is the 2bd/2ba Model at Davenport Bank Apartments starting at $1,400 with a $1.00 price per square foot in the Vander Veer Park neighborhood. Here is today’s list of the best values for Milan apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Bucktown Lofts | 3 BR/ 2 BA | 3BR,2BA | $1.05 |
Davenport Bank Apartments | 2bd/2ba | 2BR,2BA | $1.00 |
2629 24th St, Unit A | 2629 24th St | 2BR,1BA | $0.94 |
2504 15th St, Unit 4 | 2504 15th St | 2BR,1BA | $0.93 |
Carriage Hill Apartments | 1 Bedroom | 1BR,1BA | $0.88 |
2123 16th St, Unit Studio 1 | 2123 16th St | Studio ,1BA | $0.89 |
Cotton Mill Apartments | 1x1 | 1BR,1BA | $1.00 |
Crescent Lofts | Income Restricted | 1BR,1BA | $1.10 |
RIVERWALK LOFTS | 1 Bed 1 Bath | 1BR,1BA | $0.95 |
Shire and Rivendell Apartments | 1BR/1BA | 1BR,1BA | $1.08 |
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Frequently Asked Questions about Milan
What type of rentals are currently available in Milan?
There are currently 73 Apartments for Rent in Milan, IL with pricing that ranges from $625 to $2,400. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milan ranging from $650 to $1,600.
What is the current price range for Rental Homes in Milan?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Milan ranges from $650 to $1,600 with an average monthly rent of $1,221.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.