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Houses for Rent in Milan, TN

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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 November 2026, Milan's rental market is highly competitive, with rentals spending about 20 days on the market, faster than in Tennessee (32), and rents up 1.5% over the past year. Milan's average rent is 23.2% ($363) lower than the Tennessee average of $1,562 and 41.1% ($837) lower than the U.S. average of $2,036.

Average Rent
$1,199
Monthly ChangeMonth Over Month Change
Decreased0.15% ($2)
Yearly ChangeYear Over Year Change
Increased1.5% ($17)
Days on Market
20
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $911 Decreased0.94% ($9) Decreased4.5% ($43)
2 Beds $998 Decreased0.75% ($8) Decreased3.5% ($36)
3 Beds $1,352 Increased0.06% ($1) Decreased0.6% ($9)
Nearby Cities Average Rent Avg. Rent vs. MilanAverage Rent vs. Milan Days on Market
Medina $1,793 Increased49.5% ($594) 20 days
Humboldt $1,180 Decreased1.6% ($19) 20 days
Trenton $1,039 Decreased13.3% ($160) 20 days
Oakfield $1,279 Increased6.7% ($80) 20 days
Rutherford $977 Decreased18.5% ($222) 20 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 $1,199 per month.
In Milan, the average rent is about $911 per month for a 1-bedroom house, about $998 for a 2-bedroom house and about $1,352 for a 3-bedroom house.
The average rent in Milan is 41.1% ($837) lower than the national average of $2,036 per month.
The rental market in Milan, TN is currently highly competitive, with rentals spending about 20 days on the market, faster than in Tennessee (32), and rents up 1.5% over the past year.
Based on the current averages, a household would need an annual income of about $39,900 to comfortably afford a 2-bedroom house in Milan.
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