salaryRent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $35,840 a year. That is $17 an hour at a full-time job.
Is rent cheaper than other Ohio cities?
Yes. Rent here is cheaper than in most of Ohio. It is number 27 of 288 cities from cheapest to most expensive.
How much do households earn in Niles?
Share of households by yearly income. 13.2% of households earn $100,000 or more.
Rent by apartment size in Niles
| Size | Niles | U.S. average |
|---|---|---|
| Studio | $786 | $1,338 |
| 1 bedroom | $814 | $1,324 |
| 2 bedrooms | $897 | $1,509 |
| 3 bedrooms | $1,187 | $1,698 |
| 4 bedrooms | $1,195 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Niles overall?
Everyday prices in Ohio overall are 7% below the U.S. average (index 92.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Niles, so the Ohio figure is shown.
Taxes and bills in Niles
Life in Niles
Is it cheaper to rent or buy in Niles?
Buying is cheaper month to month: about $89 a month less than renting.
Owning assumes a typical $116,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $11,630 for the down payment.
Frequently asked questions
What is the average rent in Niles, OH?
Renting in Niles costs a median of about $896 a month in 2026, including utilities. The Ohio median is $1,261.
How much do I need to make to live in Niles?
To keep rent under 30% of income, you need about $35,840 a year, or $17 an hour at a full-time job.
Is Niles cheap or expensive?
Niles is rated Cheap: rent takes 19.6% of the typical household income of $54,953. It ranks 27th cheapest of 288 Ohio cities we track.
How much are property taxes in Niles?
The median homeowner in Niles pays $1,403 a year in property taxes, about 1.21% of the median home value.
Is Niles more expensive than the national average?
Overall prices in Ohio are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Niles?
The median home value in Niles is $116,300, about 2.1 times the typical yearly household income.
18,287 people live in Niles. Numbers are typical (middle) values.