At $883/mo, rent takes about 21% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $883 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 →
12-month history
Last updated: September 25, 2026
What the numbers show
30% of the median household income ($50,953) is $1,274 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,240).
From Zillow's monthly rent index (ZORI) for Niles. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Niles, OH has changed in 5 years
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%.
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At $883/mo, how Niles rent compares to typical pay (30% rule).
Niles rent by bedroom count
Median rent for each apartment size in Niles. Click any size for full breakdown.
Tips for renters in Niles
Last updated: September 25, 2026
The median rent in Niles is $883/mo as of September 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.
Frequently asked questions
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How does Niles rent compare to other cities in Ohio?
At $883/mo, rent takes ~21% of Niles's median household income ($50,953/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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