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Studio Apartment for Rent in Niles, MI

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    • Studio - 2 Beds

    1819 N 5th St, Niles, MI 49120

    Discover ease and luxury at North Niles Villa in Niles, MI, where our spacious studio, 1 & 2-bedroom apartments are designed to suit your lifestyle. Enjoy modern amenities, including a fully-equipped kitchen, air conditioning, ceiling fans, and a private balcony or patio for your personal retreat. Select homes also offer a dishwasher and washer/dryer connections, making everyday living easier.

    North Niles Villas

    (269) 479-3869

    1819 N 5th St, Niles, MI 49120

Why Live in Niles

Niles, Michigan, a city of about 12,000 residents, offers a rich tapestry of history and outdoor recreation. Known as "The City of Four Flags," Niles has a storied past with Fort St. Joseph, which changed hands among the French, British, Indigenous tribes, and Spanish. Today, the fort's site hosts summer camps and historical reenactments. The city provides a variety of things to do, including quirky Main Street businesses, year-round festivals, and over a dozen public parks. Riverfront Park, bordering the St. Joseph River, features docks, fishing piers, and an amphitheater for summer concerts. Fernwood Botanical Gardens and Nature Preserve spans over 100 acres with hiking trails and Japanese gardens. Housing in Niles includes early 20th-century investment opportunities, upgraded bungalows, Foursquares, classic cottages, midcentury ranch-style, and split-level homes, with prices generally below the national median. Niles Community Schools offer educational programs, and nearby Lake Michigan College and the University of Notre Dame provide higher education options. Main Street hosts small businesses, casual dining, and the Underground Laugh Lounge. The Fort St. Joseph Museum and Historic Chapin Mansion are notable historical sites. Annual events like the Four Flags Apple Festival and Hunter Ice Festival draw large crowds. Niles is undergoing redevelopment efforts to boost its economy and preserve historic architecture. Residents can access commercial flights from South Bend International Airport, 11 miles away, and medical care at Corewell Health Lakeland Hospitals.

Frequently Asked Questions

How much does it cost to rent a home in Niles, MI?
The median rent for a home in Niles, MI is $1,173 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Niles, MI?
To comfortably afford the median rent in Niles, MI, a household needs to earn roughly $46,920 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,173 per month in Niles, MI, renters typically need to show $3,519 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Niles, MI?
In Niles, MI, the price-to-rent ratio is 15.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Niles, MI

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,173
Median Single Family Home Rent
$1,150
Median Condo Rent
$1,099
How to Rent a Home