Niles, MI Rental Market Trends
What is the average rent in Niles?
The average rent for an apartment in Niles is $735, a 11% increase compared to the previous year, when the average rent was $663.
Average Rent in Niles, MI
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$735||11%||718 sq. ft.|
What is the average apartment size in Niles?
The average size for a Niles, MI apartment is 718 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Niles, MI Apartment Rent Ranges
Niles, MI Occupied Housing Units
2,076 or 43% of the households in Niles, MI are renter-occupied while 2,735 or 56% are owner-occupied.
Niles, MI Rent Trends
|Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Sep / 2021|
How Niles Compares to Other Cities
|Average Rent||Y-o-Y Change|