Much like nearby areas, it's a lot less expensive compared to the entire nation. However it's somewhat less expensive compared to the city of Columbus.
Home prices
The price of the median home in Milan is $143,400. Compared to the surrounding areas it is roughly $4,820 (3%) higher.It is approximately $74,100 (34%) lower compared to the country as a whole, and it is roughly $8,200 (5%) lower compared to the city of Columbus.
Rents
Milan's median monthly rent is $772. This is approximately $11 (1%) higher in comparison to other places in this area.Compared to the US as a whole it is approximately $290 (27%) lower, and it is about $189 (19%) lower in comparison to the city of Columbus.
Nearby places
Norwalk
Norwalk is about 2 miles south from Milan. The housing prices there are a little less expensive. The median home in Norwalk is valued at $126,300, which comes out to $17,100 (13%) lower than Milan. Its rents are a bit less expensive. In Norwalk the median monthly rent is $675, which is $97 (14%) lower than Milan.
Berlin Heights
Berlin Heights is about 5 miles northeast from Milan. The housing prices there are similar. The price of the median home in Berlin Heights is $139,500, which works out to $3,900 (2%) lower than Milan. Rents there are a bit more expensive. The median monthly rent in Berlin Heights is $850, which comes out to $78 (9%) higher than Milan.
Monroeville
Monroeville is roughly 5 miles southwest of Milan. Housing prices there are a lot less expensive. The median home in Monroeville costs $100,600, which comes out to $42,800 (42%) lower than Milan. Rent there is fairly similar. Monroeville's median monthly rent is $806, which works out to $34 (4%) higher than Milan.
Huron
Huron is about 7 miles north from Milan. Its housing prices are a little more expensive. The median home value in Huron is $154,500, which is $11,100 (7%) higher than Milan. The rent there is somewhat more expensive. The median rent in Huron is $839 per month, which comes out to $67 (7%) higher than Milan.
Mitiwanga
Mitiwanga is about 8 miles northeast of Milan. The housing prices there are somewhat more expensive. The price of the median home in Mitiwanga is $172,000, which is $28,600 (16%) higher than Milan. Its rents are a little less expensive. In Mitiwanga the median monthly rent is $637, which works out to $135 (21%) lower than Milan.