RentDataNowRentDataNow
City Report · IL

Niles

Pop. 30,064·49th most expensive in Illinois·Rents have been falling, good time to negotiate
Median rent (all units)
$2,160/mo
Year-over-Year
Stable
Month-over-Month
-14.1%
vs US Median
+$195
Falling (Monthly)
Be the first to discuss Niles rents ↓
Most AffordableMost Expensive
Niles · $2,160
More expensive than 67% of US cities · National median $1,965/mo
Affordability
34% of income
MODERATE
0%30% benchmark60%+

At $2,160/mo, rent takes about 34% of the local median household income, slightly above the 30% benchmark.

Income to afford
$86,000/yr
Local median income
$75,274/yr
Based on the 30%-of-income rule using Niles's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,320
1 BR
$1,410
2 BR
$1,590
3 BR
$2,040
4 BR+
$2,400
Research median
$1,590/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$25,920/yr
At $2,160/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -14.1% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Niles, IL is majority owner-occupied, has a large retiree population, 39.3% of residents hold a bachelor's degree or higher.

Population
30,064
Median income
$75,274
Median age
48.2
Renters
25.4%
Age distribution
17.6%
15.8%
24.2%
13.8%
28.5%
Under 1817.6%
18–3415.8%
35–5424.2%
55–6413.8%
65+28.5%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
64.7%
13.3%
20.4%
White64.7%
Black2.3%
Hispanic13.3%
Asian20.4%
Education (25+)
24.2%
24.8%
39.3%
No HS diploma11.7%
HS diploma24.2%
Some college24.8%
Bachelor's+39.3%
Housing tenure
74.6%
25.4%
Owner74.6%
Renter25.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Niles, IL has changed in 5 years

Income
$69,081 → $75,274
up 9.0%
Population
30,971 → 30,064
down 2.9%
Renter share
23.7% → 25.4%
+1.7 pts
Bachelor's+
37.6% → 39.3%
+1.7 pts
Median age
46.8 → 48.2
+1.4 yrs

On the earnings side, the typical household in Niles, IL now reports about $75,274, up from $69,081 in 2021. The population has contracted by 2.9% since 2021, moving from about 30,971 residents to roughly 30,064. Renters now make up 25.4% of households, compared with 23.7% five years ago.

Community

Discussions about Niles

No discussions yet. Start the conversation.

View Niles rent history (2015–2026) →
Salary vs rent

Can you afford rent in Niles on your salary?

At $2,160/mo, how Niles rent compares to typical pay (30% rule).

By apartment size

Niles rent by bedroom count

Median rent for each apartment size in Niles. Click any size for full breakdown.

Local insights

Tips for renters in Niles

About renting in Niles, IL

Last updated: July 20, 2026

The median rent in Niles is $2,160/mo as of July 2026. A studio apartment averages $1,320/mo while a 2-bedroom runs $1,590/mo. One-bedroom apartments average $1,410/mo and 3-bedroom units go for $2,040/mo.

At 34% of local median household income ($75,274/yr), Niles ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Niles an affordable city for renters?

Niles is considered moderate for renters. At $2,160/mo, rent takes approximately 34% of the local median household income ($75,274/yr). The standard benchmark is 30%. Niles slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Niles?

To keep rent at or below 30% of gross income, you would need to earn at least $86,000/year (~$41/hour full-time) to afford the median rent of $2,160/mo in Niles. The local median household income is $75,274/yr, meaning the typical Niles household falls short of that threshold.

Is rent going up or down in Niles?

Rent in Niles has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Niles rent compare to other cities in Illinois?

Niles is middle-of-the-pack for Illinois for rent, ranking #49 out of 142 tracked cities at $2,160/mo.

Which nearby cities are cheaper to rent in than Niles?

Des Plaines is nearby and more affordable at $2,031/mo, which is $129 less than Niles.

What percentage of Niles residents rent vs. own?

According to Census data, approximately 25.4% of Niles households are renters, while 74.6% are owner-occupied. Niles leans toward homeownership, which can mean a smaller rental inventory.

How does Niles rent compare to the national average?

Niles's median rent of $2,160/mo is $195 (10%) above the US national median of $1,965/mo. Within Illinois, it ranks #49 out of 142 tracked cities.
Income Affordability
34%
MODERATE

At $2,160/mo, rent takes ~34% of Niles's median household income ($75,274/yr). The standard benchmark is 30%.

Niles 34%Benchmark 30%
State income tax4.95%
Run the Niles affordability calculator →
Lowest-rent ZIP codes in Niles
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Niles, IL

Recent submissions

Be the first to submit your rent for Niles.

Recent discussions

No discussions yet.