Housing & Real Estate — Milan, Indiana

Overview

Total Housing Units705
Occupied683
Vacant22
Owner-Occupied534
Renter-Occupied149
Median Home Value (Census)$157,400
Estimated 2026~$175,000
Median Rent$906/mo
Median Property Tax$835/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income18.3%
Severely Rent-Burdened20.6%

Housing Age

Built 2010 or later54
Built 2000-200974
Built 1990-199993
Built before 1960451
Median Year Built1965
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.