Average Rent in Niles, MI and Rent Price Trends

Rent trends in Niles, MI

Average rent prices in Niles have decreased by 17% over the last month and have increased by 9% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Niles, MI

Rent prices in Niles vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Niles is $900, whereas a house costs $1,700. 1-bedroom apartments in Niles run $887 on average, while 2-bedroom apartments are $1,129.


Studio	$990	No Change	39%
1 bedroom	$918	No Change	8%
2 bedroom	$1,472	No Change	44%
3 bedroom	$2,437	No Change	81%
4 bedroom	$2,500	56%	19%


Apartments	$900	No Change	9%
Condos	$2,622	4%	-
Houses	$1,700	56%	21%

Studio

Average rent

$990

Last year

39%

1 bedroom

Average rent

$918

Last year

2 bedroom

Average rent

$1,472

Last year

44%

3 bedroom

Average rent

$2,437

Last year

81%

4 bedroom

Average rent

$2,500

Last 30 days

56%

Last year

19%

The table above reflects average rent prices in Niles, MI, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Niles, MI compare to other cities?

Compare median rent prices in Niles and Benton Harbor by all bedroom counts and property types.

Niles

Median rent price$1,000

47%

lower than the national median

Median rent price$1,219

36%

lower than the national median

Takeaway

The median rent for all rentals in Niles, MI is 18% lower than the median rent in Benton Harbor, MI.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,219

$1,400

$1,200

$1,427

$1,095

$1,505

$1,445

$1,307

$1,962

$1,495

$1,272

$2,200

Discover rentals in Niles, MI

Highly rated

1d ago

8.3

Very good

Verified

Berkshire Niles

10 N 3rd St, Niles, MI 49120

1–2 beds

1 bath

Call for price

Call

5d+ ago

Apartment for rent in Niles

2BR/1.0BA

1219 N 5th St, Niles, MI 49120

2 beds

1 bath

$1,250

4d ago

House for rent in Niles

2423 Jeffrey Ln, Niles, MI 49120

4 beds

2 baths

$2,395

Stay up to date with rental market insights

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Frequently asked questions for Niles, MI

Quick answers to common questions about the Niles rental market.

How much is rent in Niles?

The average rent in Niles is $1,000 per month as of October 31, 2026.

Is rent up or down in Niles?

Average rent prices in Niles have decreased by 17% over the last month and have increased by 9% since last year.

How does Niles rent compare to the national average?

Rent in Niles is 47% below the national average, which means renters are paying approximately $900 less per month.

What salary do I need to afford rent in Niles?

To comfortably afford rent in Niles, you'd need to earn approximately $40,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).