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Homes & Apartments for Rent in Niles, MI 49120

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What to Know About

Life in Niles & Beyond

Niles shares many of the great qualities that make Michigan a desirable place to live.

Michigan is bordered by four Great Lakes, making it a popular destination for boating and water activities. Michigan is also home to many national parks, including Isle Royale National Park and Sleeping Bear Dunes National Lakeshore. Explore the state's rich heritage through visits to renowned museums such as the Henry Ford Museum and the Michigan Historical Museum or get an excellent education at top universities like Michigan State University and the University of Michigan. In addition, Michigan boasts a robust economy in the manufacturing, technology, and tourism industries.

The state provides numerous opportunities for thrills and excitement. From soaking in the stunning views of the Great Lakes to hitting the ski slopes in the nearby mountains, outdoor enthusiasts will find plenty to love. Additionally, Michigan is home to several sports teams, including the Detroit Lions (NFL), Detroit Red Wings (NHL), Detroit Tigers (MLB), and Detroit Pistons (NBA). Explore famous attractions like Mackinac Island, the Detroit Institute of Arts, and scenic Mackinaw City.

Michigan offers a high quality of life, a strong economy, and a welcoming community, making it a great place to live.

Rental Market Trends

Niles, MI

As of October 2026, Niles's rental market is highly competitive, with rentals spending about 19 days on the market, faster than in Michigan (30), and rents down 2.3% over the past year. Niles's average rent is 16.1% ($250) lower than the Michigan average of $1,548 and 37.7% ($784) lower than the U.S. average of $2,082.

Average Rent
$1,298
Monthly ChangeMonth Over Month Change
Decreased0.24% ($3)
Yearly ChangeYear Over Year Change
Decreased2.3% ($31)
Days on Market
19
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $922 Decreased0.23% ($2) Decreased1.6% ($15)
2 Beds $1,172 Decreased0.42% ($5) Decreased0.6% ($7)
3 Beds $1,634 Decreased0.30% ($5) Decreased1.8% ($31)
Nearby Cities Average Rent Avg. Rent vs. NilesAverage Rent vs. Niles Days on Market
Berrien Springs $1,337 Increased3.0% ($39) 20 days
Granger $1,842 Increased41.9% ($544) 43 days
South Bend $1,418 Increased9.2% ($120) 44 days
Dowagiac $1,212 Decreased6.6% ($86) 41 days
Mishawaka $1,400 Increased7.9% ($102) 44 days
Based on rentals advertised on RentalSource in and around Niles.
Frequently Asked Questions
Niles Rental Market FAQs

Explore rental prices, market conditions, and affordability in Niles, MI.

The average rent in Niles, MI is about $1,298 per month.
In Niles, the average rent is about $922 per month for a 1-bedroom home, about $1,172 for a 2-bedroom home and about $1,634 for a 3-bedroom home.
The average rent in Niles is 37.7% ($784) lower than the national average of $2,082 per month.
The rental market in Niles, MI is currently highly competitive, with rentals spending about 19 days on the market, faster than in Michigan (30), and rents down 2.3% over the past year.
Based on the current averages, a household would need an annual income of about $46,900 to comfortably afford a 2-bedroom home in Niles.
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