Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Niles area can be challenging. Home prices in Niles are now at a median cost of $295,362, higher than the Illinois average of $242,002.
The average cost of rent is $1,303/mo in Niles, primarily driven by the current value of real estate in the Niles area. While nearly 46.92% of residents own their homes outright in Niles, 29.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in Niles is $5,902 per month. Households that rent pay about 22.08% of their income on rent here. Niles's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Morton Grove, IL: equally priced homes
- Park Ridge, IL: higher priced homes
- Golf, IL: higher priced homes
- Glenview, IL: higher priced homes
- Des Plaines, IL: less expensive homes
- Rosemont, IL: higher priced homes
- Skokie, IL: equally priced homes
- Glenview Nas, IL: higher priced homes
- Harwood Heights, IL: equally priced homes
- Lincolnwood, IL: higher priced homes
Cities with Similar Populations
- Willingboro, NJ: less expensive homes
- Ashland, KY: less expensive homes
- Warsaw, IN: less expensive homes
- Barstow, CA: less expensive homes
- Union City, GA: less expensive homes
- Corozal, PR: less expensive homes
- Reidsville, NC: less expensive homes
- Lewis Center, OH: equally priced homes
- Milford, OH: less expensive homes
- Paradise Hills, NM: equally priced homes
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