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Newest Homes for Rent in Milan, IL

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  • 300 20th Ave W, Milan, IL 61264
    300 20th Ave W, Milan, IL 61264
    300 20th Ave W, Milan, IL 61264
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    Starting at $1,030 Per Month

    • 1 - 3 Beds

    300 20th Ave W, Milan, IL 61264

    Village Woods Apartments are located on 300 20th Ave. West, providing you with quick access to downtown Moline and an array of recreational areas and parks. Our Milan apartments are designed with you in mind, combining comfort and convenience in every apartment home. We are proud to offer pet-friendly apartment living in Milan, so you never have to choose between your pet and your ideal home

    Village Woods

    300 20th Ave W, Milan, IL 61264
  • 1921 Cobblestone Ln, Milan, IL 61264
    1921 Cobblestone Ln, Milan, IL 61264
    1921 Cobblestone Ln, Milan, IL 61264
    /35

    Starting at $1,350 Per Month

    • 2 Beds

    1921 Cobblestone Ln, Milan, IL 61264

    Welcome to Parkway Commons at Milan, offering spacious 1, 2, and 3-bedroom apartment homes in a convenient Milan location. Our generously sized floor plans feature private balconies and in-unit washer and dryer, with shared garage parking available for residents.Located near the intersection of Rock Island-Milan Parkway and Airport Road, Parkway Commons provides easy access to shopping

    Parkway Commons

    1921 Cobblestone Ln, Milan, IL 61264
  • 908 Asbury Ct Unit 914, Milan, IL 61264
    908 Asbury Ct Unit 914, Milan, IL 61264
    908 Asbury Ct Unit 914, Milan, IL 61264
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    $1,000 Per Month

    • 2 Beds
    • 1 Bath
    • 832 Sq Ft
    • Condo for Rent

    908 Asbury Ct Unit 914, Milan, IL 61264

    Address: 914 Asbury Ct, Milan, IL 61264Rent: $1,000/monthSecurity Deposit: $1,100Size: 832 sq. ft.Available: 08/14/2026*Key Features:2-Bedroom1-BathroomCentral Air ConditioningOff-Street ParkingConvenient Milan LocationSituated just minutes from shopping, restaurants, schools, parks, and major roadways, this property offers a great balance

    908 Asbury Ct Unit 914, Milan, IL 61264
  • 213 28th Ave W Unit 3, Milan, IL 61264
    213 28th Ave W Unit 3, Milan, IL 61264
    213 28th Ave W Unit 3, Milan, IL 61264
    /5

    $775 Per Month

    • 2 Beds
    • 1 Bath
    • 550 Sq Ft
    • Condo for Rent

    213 28th Ave W Unit 3, Milan, IL 61264

    Welcome to 213 28th Ave W Milan, IL, a smaller but convenient 2-bedroom 1-bathroom apartment that offers a perfect blend of comfort and convenience. The cozy bedrooms are carpeted, adding a touch of warmth and comfort. The apartment also boasts a small, fenced-in backyard, offering a private outdoor space for relaxation or entertaining. A dedicated parking space is included, ensuring hassle-free

    213 28th Ave W Unit 3, Milan, IL 61264
Illinois Rock Island County

Newest Homes for Rent in Milan, IL

Frequently Asked Questions

How much does it cost to rent a home in Milan, IL?
The median rent for a home in Milan, IL is $1,000 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Milan, IL?
To comfortably afford the median rent in Milan, IL, a household needs to earn roughly $40,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,000 per month in Milan, IL, renters typically need to show $3,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Milan, IL?
In Milan, IL, the price-to-rent ratio is 12.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Milan, IL are best for renting a home?
The best neighborhood for renting in Milan, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Central Davenport, Northwest Davenport, North Side, Central Rock Island and Greenbush, each with its own character and price range.

Rental Trends in Milan, IL

There are currently 4 homes available for rent in Milan, IL. The median rent is $1,000 per month, with single-family homes renting at $1,250 and condos at $888.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,000
Median Single Family Home Rent
$1,250
Median Condo Rent
$888
How to Rent a Home

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