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ZIP Code · MI

ZIP 49120

Part of Niles, MI
Pop. 36,495·Berrien County·151st most expensive ZIP in Michigan
Median rent (all units)
$1,094/mo
Year-over-Year
Stable
Month-over-Month
-0.8%
vs US Median
-$871
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 49120 · $1,094
More affordable than 95% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$800
1 BR
$900
2 BR
$1,130
3 BR
$1,470
4 BR+
$1,590
Research median
$1,130/mo

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

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$13,128/yr
At $1,094/mo median
Location
CityNiles
StateMI
CountyBerrien County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 49120 (Niles, MI) is majority owner-occupied, has a large retiree population, has a median income below the national average, 20.1% of residents hold a bachelor's degree or higher.

Population
36,495
Median income
$65,148
Median age
42.6
Renters
20.9%
Age distribution
22.4%
18.1%
24.2%
14.1%
21.2%
Under 1822.4%
18–3418.1%
35–5424.2%
55–6414.1%
65+21.2%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
83.2%
White83.2%
Black7%
Hispanic4.9%
Asian0.7%
Other4.2%
Education (25+)
35.4%
35.8%
20.1%
No HS diploma8.6%
HS diploma35.4%
Some college35.8%
Bachelor's+20.1%
Housing tenure
79.1%
20.9%
Owner79.1%
Renter20.9%

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

2021 vs 2026

How ZIP 49120 in Niles, MI has changed in 5 years

Income
$55,905 → $65,148
up 16.5%
Population
36,667 → 36,495
down 0.5%
Renter share
23.4% → 20.9%
-2.5 pts
Bachelor's+
19.9% → 20.1%
+0.2 pts

Household income in the area moved from $55,905 to $65,148 across the same window, up 16.5% versus 2021. Renters now make up 20.9% of households, compared with 23.4% five years ago.

Community

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Local insights

Tips for renters in ZIP 49120

About renting in ZIP 49120

Last updated: July 20, 2026

ZIP code 49120 covers Niles, MI. The median rent here is $1,094/mo as of July 2026. A 1-bedroom rents for a median of $900/mo. A 2-bedroom rents for a median of $1,130/mo.

At 20% of local median household income ($65,148/yr), ZIP 49120 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 49120?

As of July 20, 2026, the median monthly rent in ZIP 49120 (Niles, MI) is $1,094. This is based on aggregated data from public sources and community submissions.

How does ZIP 49120 rent compare to the US average?

ZIP 49120's median rent of $1,094/mo is $871 (44%) below the US national median of $1,965/mo.

How does ZIP 49120 compare to other ZIPs in Michigan?

ZIP 49120 is among the more affordable ZIP codes in Michigan, ranking #151 out of 165 ZIPs at $1,094/mo.

How much income do you need to rent in ZIP 49120?

To keep rent at or below 30% of gross income, you would need to earn at least $44,000/year (~$21/hour full-time) to afford the median rent of $1,094/mo in ZIP 49120. The local median household income is $65,148/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 49120?

Rent in ZIP 49120 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 49120 an affordable place to rent?

ZIP 49120 is considered very affordable for renters. At $1,094/mo, rent takes approximately 20% of the local median household income ($65,148/yr). The standard benchmark is 30%. ZIP 49120 falls comfortably within that range.

What percentage of ZIP 49120 residents rent vs. own?

According to Census data, approximately 20.9% of ZIP 49120 households are renters, while 79.1% are owner-occupied. ZIP 49120 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 49120 compare to the rest of Niles?

ZIP 49120 sits right at the Niles citywide median of $1,094/mo.

When was rent data for ZIP 49120 last updated?

Rent data for ZIP 49120 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
20%
VERY AFFORDABLE

At $1,094/mo, rent takes ~20% of ZIP 49120's median household income ($65,148/yr). The standard benchmark is 30%.

ZIP 49120 20%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 49120 (Niles, MI)

Recent submissions

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