6

Milan, TN Homes for Rent

Section Image
  • /8

    Starting at $1,050 Per Month

    • 2 - 3 Beds

    4051 Reasons Blvd, Milan, TN 38358

    Discover Milan Luxury Apartments, nestled in the heart of Milan, TN. With a range of amenities and services, including breakfast/coffee concierge, a game room, and walk-in closets, our property offers the ultimate in convenience and comfort. Enjoy the peace of mind provided by professional on-site management and secure online rent payment. Take advantage of our community clubhouse, playground,

    Milan Luxury Apartments

    4051 Reasons Blvd, Milan, TN 38358
  • /7

    $850 Per Month

    • 1 Bed
    • 1 Bath
    • 704 Sq Ft
    • House for Rent

    1031 N Harris St, Milan, TN 38358

    Welcome to your cozy retreat at 1031 N Harris St in the charming town of Milan! This delightful 1-bedroom house is perfect for those seeking a low-maintenance lifestyle without sacrificing comfort. With a spacious 704 square feet, this home offers a warm and inviting atmosphere that you can truly make your own.Enjoy the convenience of included amenities that make everyday living a

    1031 N Harris St, Milan, TN 38358
  • /2

    $850 Per Month

    • 1 Bed
    • 1 Bath
    • 01214

    2104-2106 Mcallister St Unit 2104, Milan, TN 38358

    2104-2106 Mcallister St Unit 2104, Milan, TN 38358
  • /5

    $850 Per Month

    • 1 Bed
    • 1 Bath
    • 01214

    2104-2106 Mcallister St Unit 2106, Milan, TN 38358

    2104-2106 Mcallister St Unit 2106, Milan, TN 38358

Why Live in Milan

Milan, TN, is a small city situated between Nashville and Memphis, surrounded by agricultural fields and dense forests. With a population of just over 8,000, Milan is known for its quiet, hospitable nature and strong community spirit. The Milan Army Ammunition Plant has played a significant role in the city's history, impacting population changes throughout the 20th century. Annual events like Milan One Table and the Milan Area Chamber of Commerce’s Christmas Parade bring residents together, fostering a sense of community. Main Street serves as the hub for local shopping and dining, featuring both big-box stores like Walmart and Lowe’s and locally owned eateries and boutiques. For outdoor activities, Milan City Park, the local YMCA, and Milan Golf and Country Club are popular spots. During colder months, the Milan Ritz, a historic downtown theater, offers a cozy place to catch a movie. Residential areas in Milan feature 20th-century homes, often ranch-style, alongside newer subdivisions with New Traditional-style homes. The Milan Special School District, which serves around 2,000 students, is highly rated and supported by the Milan Endowment for Growth in Academics. Commuting within Milan is convenient, with Van Hock and 1st streets connecting residents to major employers and nearby towns. Medical care is accessible at Milan General Hospital, and Jackson is just a 24-mile drive south. While Milan faces tornado risks, the city has measures in place, including a Community Safe Room and regular siren tests. Crime rates have remained stable, with property crime unchanged and a slight increase in violent crime.

Frequently Asked Questions

How much does it cost to rent a home in Milan, TN?
The median rent for a home in Milan, TN is $850 per month, though prices vary by neighborhood, size, and property type. As of June 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, TN?
To comfortably afford the median rent in Milan, TN, a household needs to earn roughly $34,000 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 $850 per month in Milan, TN, renters typically need to show $2,550 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, TN?
In Milan, TN, the price-to-rent ratio is 20.6, 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, TN are best for renting a home?
The best neighborhood for renting in Milan, TN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Lawrence, Stanworth, Hicksville and Downtown Jackson, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$850
Median Single Family Home Rent
$950
Median Condo Rent
$850
How to Rent a Home