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Niles, MI Houses for Rent

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  • /20

    $1,450 Per Month

    • 3 Beds
    • 1 Bath
    • 1,300 Sq Ft
    • Spacious 3 Bedroom House in Niles

    1021 N 5th St, Niles, MI 49120

    3 bedroom 1 bath home in Niles. This home features hardwood/laminate floors, large front & back porch, large front and side yards, off street parking on a paved parking pad, and spacious dining and living area. All upstairs bedrooms are carpeted and there is a small bonus room off of the second bedroom for storage. Featuring an updated bathroom located on the first floor, plus another bonus room

    1021 N 5th St, Niles, MI 49120
  • /10

    $750 Per Month

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft
    • 1 bedroom apartment in Niles

    742 Broadway St, Niles, MI 49120

    1 bedroom unit available in Niles. This unit has fantastic character with hardwood floors, high ceilings and wood trim work. Looking for budget friendly? Tenant pays $150/mo for all utilities, trash, snowremoval and lawncare. Conveniently located close to Downtown Niles, restaurants and shopping. Off street parking. Shared laundry. Schedule you showing today at !Lease Terms: 1 year

    742 Broadway St, Niles, MI 49120

Frequently Asked Questions

How much does it cost to rent a single-family home in Niles, MI?
The median rent for a single-family home in Niles, MI is $1,450 per month, though prices vary by neighborhood, size, and property type. As of August 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 $46,320 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 $1,158 per month in Niles, MI, renters typically need to show $3,474 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 15.7, 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.
What neighborhoods in Niles, MI are best for renting a single-family home?
The best neighborhood for renting in Niles, MI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include LaSalle, Far Northwest, Near Northwest, Northeast South Bend and Kennedy Park, each with its own character and price range.

Rental Home Trends

Number of Houses for Rent
2
Median Single Family Home Rent
$1,450
Median 3 Bedroom Single Family Home Rent
$1,450
How to Rent a Home