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Homes & Apartments for Rent in Milan, TN

Showing 14 rentals in Milan, then 6 more within 25 miles, nearest first.
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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

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As of October 2026, Milan's rental market is competitive, with rentals spending about 33 days on the market, faster than in Tennessee (38), and rents up 3.4% over the past year. Milan's average rent is 20.5% ($326) lower than the Tennessee average of $1,587 and 39.4% ($821) lower than the U.S. average of $2,082.

Average Rent
$1,261
Monthly ChangeMonth Over Month Change
Flat
Yearly ChangeYear Over Year Change
Increased3.4% ($41)
Days on Market
33
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $959 Decreased0.53% ($5) Decreased6.0% ($61)
2 Beds $1,058 Increased0.43% ($5) Increased3.7% ($37)
3 Beds $1,398 Increased0.09% ($1) Decreased0.3% ($4)
Nearby Cities Average Rent Avg. Rent vs. MilanAverage Rent vs. Milan Days on Market
Medina $1,831 Increased45.2% ($570) 29 days
Humboldt $1,258 Decreased0.2% ($3) 29 days
Trenton $1,068 Decreased15.3% ($193) 30 days
Oakfield $1,312 Increased4.0% ($51) 30 days
Rutherford $1,021 Decreased19.0% ($240) 30 days
Based on rentals advertised on RentalSource in and around Milan.
Frequently Asked Questions
Milan Rental Market FAQs

Explore rental prices, market conditions, and affordability in Milan, TN.

The average rent in Milan, TN is about $1,261 per month.
In Milan, the average rent is about $959 per month for a 1-bedroom home, about $1,058 for a 2-bedroom home and about $1,398 for a 3-bedroom home.
The average rent in Milan is 39.4% ($821) lower than the national average of $2,082 per month.
The rental market in Milan, TN is currently competitive, with rentals spending about 33 days on the market, faster than in Tennessee (38), and rents up 3.4% over the past year.
Based on the current averages, a household would need an annual income of about $42,300 to comfortably afford a 2-bedroom home in Milan.
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