Much like its nearby areas, it is significantly less expensive compared to the rest of the nation. However compared to the city of Cincinnati, it's a bit less expensive.
Home prices
The median home cost in Milan is $106,300. In comparison to the surrounding areas it is approximately $3,300 (3%) higher.It is about $111,200 (51%) lower compared to the country as a whole, and in comparison to the city of Cincinnati is approximately $31,700 (22%) lower.
Rents
The median rent in Milan is $770 a month. Compared to its surrounding areas this is about $87 (12%) higher.It is about $292 (27%) lower compared to the entire nation, and in comparison to the city of Cincinnati it is about $32 (4%) higher.
Nearby places
Moores Hill
Moores Hill is roughly 1 mile southeast from Milan. The housing prices there are a little less expensive. The median home in Moores Hill is valued at $85,100, which is $21,200 (24%) lower than Milan. The rent there is a bit less expensive. The median monthly rent in Moores Hill is $688, which is $82 (11%) lower than Milan.
Versailles
Versailles is approximately 7 miles southwest of Milan. Real estate prices there are pretty similar. The median home in Versailles is valued at $111,700, which works out to $5,400 (4%) higher than Milan. Rents there are a lot less expensive. Versailles's median rent is $551 per month, which comes out to $219 (39%) lower than Milan.
Osgood
Osgood is roughly 7 miles west of Milan. Housing prices there are a bit less expensive. The cost of the median home in Osgood is $90,200, which comes out to $16,100 (17%) lower than Milan. Rents there are a bit less expensive. Osgood's median monthly rent is $690, which works out to $80 (11%) lower than Milan.
Sunman
Sunman is approximately 7 miles north of Milan. Its real estate prices are somewhat more expensive. Sunman's median home price is $126,000, which comes out to $19,700 (15%) higher than Milan. Rent there is a bit less expensive. Sunman's median rent is $709 per month, which works out to $61 (8%) lower than Milan.
Dillsboro
Dillsboro is about 8 miles southeast of Milan. The real estate prices there are fairly similar. The cost of the median home in Dillsboro is $102,000, which works out to $4,300 (4%) lower than Milan. The rent there is pretty similar. The median rent in Dillsboro is $779 a month, which comes out to $9 (1%) higher than Milan.