City Report · OH

Niles

Pop. 18,287·120th most expensive in Ohio·One of the most affordable rental markets in the US
Median rent (all units)
$910/mo
Year-over-Year
Stable
Month-over-Month
+3.9%
vs US Median
-$1,052
Rising (Monthly)
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Most AffordableMost Expensive
Niles · $910
More affordable than 99% of US cities · National median $1,962/mo
Affordability
21% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $910/mo, rent takes about 21% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$36,000/yr
Local median income
$50,953/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
$660
1 BR
$700
2 BR
$880
3 BR
$1,170
4 BR+
$1,240
Fair Market Rent (HUD)
$880/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $910 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$10,920/yr
At $910/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +3.9% MoM), not inventory.
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Demographics

Who lives here

Niles, OH is roughly split between renters and owners, has a large retiree population, has a median income below the national average, 21.2% of residents hold a bachelor's degree or higher.

Population
18,287
Median income
$50,953
Median age
43.2
Renters
46.3%
Age distribution
16.3%
24.4%
22.4%
13.6%
23.3%
Under 1816.3%
18–3424.4%
35–5422.4%
55–6413.6%
65+23.3%
Gender
46.8%
53.2%
Male46.8%
Female53.2%
Race & ethnicity
87%
White87%
Black3.6%
Hispanic3.6%
Asian1.2%
Other4.6%
Education (25+)
44%
27%
21.2%
No HS diploma7.7%
HS diploma44%
Some college27%
Bachelor's+21.2%
Housing tenure
53.7%
46.3%
Owner53.7%
Renter46.3%

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

2021 vs 2026

How Niles, OH has changed in 5 years

Income
$45,590 → $50,953
up 11.8%
Population
18,319 → 18,287
down 0.2%
Renter share
41.9% → 46.3%
+4.4 pts
Bachelor's+
19.2% → 21.2%
+2.0 pts
Median age
45.4 → 43.2
-2.2 yrs

Median household income grew from $45,590 to $50,953 between 2021 and 2024, a 11.8% shift. About 46.3% of households rent today, against 41.9% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 19.2% to 21.2%.

Community

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

Can you afford rent in Niles on your salary?

At $910/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, OH

Last updated: August 17, 2026

The median rent in Niles is $910/mo as of August 2026. A studio apartment averages $660/mo while a 2-bedroom runs $880/mo. One-bedroom apartments average $700/mo and 3-bedroom units go for $1,170/mo.

At 21% of local median household income ($50,953/yr), Niles ranks as affordable 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 very affordable for renters. At $910/mo, rent takes approximately 21% of the local median household income ($50,953/yr). The standard benchmark is 30%. Niles falls comfortably within that range.

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 $36,000/year (~$17/hour full-time) to afford the median rent of $910/mo in Niles. The local median household income is $50,953/yr, meaning the typical Niles household meets 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 August 2026.

How does Niles rent compare to other cities in Ohio?

Niles is one of the more affordable cities in Ohio for rent, ranking #120 out of 124 tracked cities at $910/mo.

What percentage of Niles residents rent vs. own?

According to Census data, approximately 46.3% of Niles households are renters, while 53.7% 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 $910/mo is $1,052 (54%) below the US national median of $1,962/mo. Within Ohio, it ranks #120 out of 124 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $910/mo, rent takes ~21% of Niles's median household income ($50,953/yr). The standard benchmark is 30%.

Niles 21%Benchmark 30%
State income tax2.75–3.5%
Run the Niles affordability calculator →
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Neighborhoods

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