Housing & Real Estate — Milan, Tennessee
Overview
| Total Housing Units | 3,423 |
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| Occupied | 3,172 |
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| Vacant | 251 |
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| Owner-Occupied | 1,646 |
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| Renter-Occupied | 1,526 |
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| Median Home Value (Census) | $144,100 |
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| Estimated 2026 | ~$163,000 |
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| Median Rent | $802/mo |
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| Median Property Tax | $1,256/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 21.9% |
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| Severely Rent-Burdened | 50.5% |
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Housing Age
| Built 2010 or later | 233 |
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| Built 2000-2009 | 174 |
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| Built 1990-1999 | 440 |
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| Built before 1960 | 941 |
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| Median Year Built | 1975 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
