Much like its surrounding areas, it is a little less expensive compared to the rest of the country. However it is a lot more expensive compared to the city of Detroit.
Home prices
The median home in Milan is valued at $170,200. In comparison to nearby areas this is is very similar.It is about $47,300 (21%) lower compared to the country as a whole, and in comparison to the city of Detroit is approximately $121,000 (245%) higher.
Rents
In Milan the median rent is $921 per month. Compared to its surrounding areas this is about $52 (6%) higher.Compared to the rest of the nation it is roughly $141 (13%) lower, and is roughly $97 (11%) higher compared to the city of Detroit.
Nearby places
Saline
Saline is about 7 miles northwest of Milan. The housing prices there are a lot more expensive. The median home in Saline costs $254,300, which comes out to $84,100 (33%) higher than Milan. Its rents are pretty similar. Saline's median rent is $951 per month, which comes out to $30 (3%) higher than Milan.
Dundee
Dundee is about 7 miles south of Milan. Housing prices there are fairly similar. The median home in Dundee costs $170,000, which is very similar to Milan. Its rents are somewhat less expensive. The median monthly rent in Dundee is $830, which is $91 (10%) lower than Milan.
Britton
Britton is about 8 miles southwest from Milan. The housing prices there are significantly less expensive. The median home in Britton is valued at $108,700, which comes out to $61,500 (56%) lower than Milan. The rent there is somewhat less expensive. Britton's median monthly rent is $850, which works out to $71 (8%) lower than Milan.
Maybee
Maybee is approximately 8 miles southeast of Milan. Housing prices there are a bit less expensive. The median home in Maybee costs $159,200, which is $11,000 (6%) lower than Milan. Rents there are a bit less expensive. Maybee's median rent is $858 per month, which comes out to $63 (7%) lower than Milan.
Ypsilanti
Ypsilanti is about 11 miles north from Milan. The real estate prices there are somewhat less expensive. Ypsilanti's median home cost is $151,300, which is $18,900 (12%) lower than Milan. Rents there are a little less expensive. Ypsilanti's median rent is $854 per month, which is $67 (7%) lower than Milan.
