The median home in Niles, Michigan is valued at $195,151, up 2.7% year over year. Typical monthly rent is $1,148, producing a price-to-rent ratio of 14.2x — below the national average of 18x. Niles is part of the Niles, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$195,151

+2.7%

Rent$1,148/mo

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$39,030 on $195,151

Example: $75,000 household income. Change it above to see your own.

Affordable21.9% of income

Under the 28% guideline.

PITI$1,371

P/I21.9%

Afford$249K

Room+$54K

P&I $987Tax $250Ins $133

Renting $223/mo cheaper ($1,148 rent)6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Niles with other housing markets across Michigan.

Lake Angelus$1.66M Leland$1.1M Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Niles, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Niles, MI metro.

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