Homes & Apartments for Rent in 38358

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What to Know About

Life in Milan & Beyond

Milan shares many of the great qualities that make Tennessee a desirable place to live.

Tennessee is known for its dazzling natural beauty, rich history, and vibrant culture. With its rolling hills, majestic mountains, and sparkling waterways, Tennessee has something for everyone from the Great Smoky Mountains National Park, the Memphis Zoo, the Country Music Hall of Fame, and the Jack Daniel's Distillery. Tennessee is also home to respected institutions such as Vanderbilt University and the University of Tennessee. In addition, Tennessee's economy is also thriving, driven by a mix of industries, including healthcare, finance, and manufacturing.

For adventure seekers, there is plenty to do in Tennessee, from fishing in the Tennessee River to hiking in the Smoky Mountains. Sports fans can cheer on the Tennessee Titans (NFL), Nashville Predators (NHL), and Memphis Grizzlies (NBA). Discover and indulge in famous attractions like the Ryman Auditorium, the Parthenon, and Graceland. The state is also known for its rich music history, including blues, country, and rock-and-roll, and there is a thriving theater and arts scene in cities like Nashville and Memphis.

Its high quality of life, strong economy, and friendly community make Tennessee a great place to call home.

Rental Market Trends

Milan, TN

As of October 2026, Milan's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Milan's average rent is 26.7% ($380) lower than the Tennessee average of $1,422 and 42.7% ($777) lower than the U.S. average of $1,819.

Average Rent
$1,042
Monthly ChangeMonth Over Month Change
Decreased1.2% ($13)
Yearly ChangeYear Over Year Change
Decreased6.2% ($69)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $818 Decreased0.7% ($6) No change
2 Beds $1,048 Decreased3.7% ($40) Decreased0.8% ($8)
3 Beds $1,266 Decreased1% ($13) Decreased4.2% ($56)
Nearby Cities Average Rent Avg. Rent vs. MilanAverage Rent vs. Milan Avg. Days on MarketAverage Days on Market
Humboldt $1,079 Increased3.6% ($37) 37 days
Trenton $998 Decreased4.2% ($44) 37 days
Kenton $815 Decreased21.8% ($227) 33 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Milan Rental Market FAQs

Explore rental prices, market trends, and availability in Milan, TN.

The average rent in Milan, TN is $1,042 per month.
Homes in Milan typically rent for between $600 and $1,646 per month, with an average of $1,042 per month.
In Milan, the average rent for a 1-bedroom home is $818 per month, for a 2-bedroom home, $1,048 per month, and a 3-bedroom home is $1,266 per month.
The average rent in Milan is 42.7% ($777) lower than the national average of $1,819 per month.
The average rent in Milan has decreased by 1.2% ($13) in the last month and decreased by 6.2% ($69) over the past year.
The rental market in Milan, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Milan, TN, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 12 rental properties available in Milan, TN.
Based on the current averages, a household would need an annual income of $41,920 to comfortably afford a 2-bedroom home in Milan.
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