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Milan, OH Home Values and Rents
The typical home value in Milan is $289,274, 310th highest of 682 cities and towns in Ohio. Median rent is $973 a month.
- Typical home value
- $289,274
- 310th of 682 in OH
- Median rent
- $973/mo
- ACS 2020-2024
- Price change, 1 year
- +4.7%
- Sep 2026
- Homeownership
- 79.3%
- OH: 67.2%
Typical home value in Milan
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Milan |
|---|---|
| Sep 2026 | $289,274 |
| Dec 2025 | $280,693 |
| Dec 2024 | $264,008 |
| Dec 2023 | $247,636 |
| Dec 2022 | $235,015 |
| Dec 2021 | $215,745 |
| Dec 2020 | $195,684 |
| Dec 2019 | $176,071 |
| Dec 2018 | $163,526 |
| Dec 2017 | $158,838 |
| Dec 2016 | $151,843 |
| Dec 2015 | $150,415 |
| Dec 2014 | $149,491 |
| Dec 2013 | $144,928 |
| Dec 2012 | $141,641 |
Over five years, Milan prices changed +35.4%.
Source: Zillow Research · Last updated 09/01/2026
Housing at a glance
American Community Survey 2020-2024 5-year estimates, compared with Ohio
- Median home value
- $193,100 · OH $214,800
- Median gross rent
- $973/mo · OH $1,034
- Home value to income
- 2.0 times the median household income ($97,973)
- Rent to income
- A year of median rent equals 12% of median household income
- Owner-occupied
- 79.3% of 599 households
- Housing units
- 647
- Vacancy rate
- 7.4%
- Median year built
- 1956
Fair Market Rents, FY2027
HUD rent standard for Erie County, OH HUD Metro FMR Area
| Unit size | Monthly rent |
|---|---|
| Studio | $927 |
| 1 bedroom | $977 |
| 2 bedrooms | $1,221 |
| 3 bedrooms | $1,531 |
| 4 bedrooms | $1,702 |
Frequently asked questions
- What is the typical home value in Milan, OH?
- The typical home value in Milan is $289,274 (Zillow Home Value Index, Sep 2026). The Ohio median is $214,800.
- How much is rent in Milan?
- The median rent in Milan is $973 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,221.
- Are home prices going up in Milan?
- The typical home value in Milan changed +4.7% over one year and +35.4% over five years, as of Sep 2026.
- How does Milan compare with the rest of Ohio?
- Milan has the 310th highest median home value of 682 cities and towns with 1,000+ residents in Ohio.