ZIP Code · MI

ZIP 49120

Part of Niles, MI

Pop. 36,495·Berrien County·96th most expensive ZIP in Michigan

Median rent (all units)

$1,396/mo

Year-over-Year

Stable

Month-over-Month

+1.0%

vs US Median

-$536

Reported rents

Rising (Monthly)

Be the first to discuss 49120 rents ↓

Most AffordableMost Expensive

ZIP 49120 · $1,396

More affordable than 80% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

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

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($65,148) is $1,629 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,590).

Cheaper nearby

ZIP 46637, 7 miles away, rents for 14% less ($1,205/mo), about $2,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 49120. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$16,752/yr

At $1,396/mo median

Location

CityNiles

StateMI

CountyBerrien County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+0.0% YoY, +1.0% 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

Discussions about ZIP 49120

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 49120

About renting in ZIP 49120

Last updated: October 17, 2026

ZIP code 49120 covers Niles, MI. The median rent here is $1,396/mo as of October 2026. A 1-bedroom rents for a median of $900/mo. A 2-bedroom rents for a median of $1,130/mo.

At 26% 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 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 $56,000/year (about $27/hour full-time) to afford the median rent of $1,396/mo in ZIP 49120. The local median household income is $65,148/yr, so the typical household meets that bar.