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Example household · $83,730 · same pay · 1 adult

Niles

Housing in Niles, MI: Rent, Home Prices & Property Tax

$2,380 left/mo

$1,000/mo (1 bd) in Niles. Median home $211,400. Property tax 1.11%.

Pick a home cityHow we figure this
Rent (1-bedroom)
$1,000
/mo
Buy
$1,542
Mortgage, tax, insurance
Buying costs more
$542
/mo

To buy

  • 20% down payment$42,280
  • Mortgage at 7.24%$1,153
  • Property tax (1.11% of value)$196/mo · $2,347/yr
  • Insurance and upkeep$194
  • Monthly total$1,542

Months to 20% down

$2,380 left each month. About 18 months (1.5 years) to save $42,280.

Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.

Guide: state tax and rent when you compare cities

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