Niles, MI Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Niles, MI
The median asking rent in Niles, MI is $2,100 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $290,934, that rent level prices Niles, MI at a 9.44% gross rental yield — compared with 10.76% across Michigan.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Niles, MI rent and rental yield comparison
The current Niles, MI baseline is $2,100 median asking rent and 9.44% gross rental yield. Compare rent, yield, and home values with selected Michigan metros, then open a public report or Rental Insights for property-level follow-up.
Detroit-Warren-Dearborn, MI
Detroit-Warren-Dearborn, MI median asking rent is $1,600, $500 (23.8%) lower than the $2,100 median asking rent in Niles, MI.
- Median rent
- $1,600
- Gross yield
- 11.66%
- Avg home value
- $167,995
Grand Rapids-Wyoming-Kentwood, MI
Grand Rapids-Wyoming-Kentwood, MI median asking rent is $2,195, $95 (4.5%) higher than the $2,100 median asking rent in Niles, MI.
- Median rent
- $2,195
- Gross yield
- 8.59%
- Avg home value
- $296,796
Flint, MI
Flint, MI median asking rent is $1,050, $1,050 (50%) lower than the $2,100 median asking rent in Niles, MI.
- Median rent
- $1,050
- Gross yield
- 19.23%
- Avg home value
- $90,676
Lansing-East Lansing, MI
Lansing-East Lansing, MI median asking rent is $1,500, $600 (28.6%) lower than the $2,100 median asking rent in Niles, MI.
- Median rent
- $1,500
- Gross yield
- 12.42%
- Avg home value
- $161,983
Saginaw, MI
Saginaw, MI median asking rent is $1,193, $907 (43.2%) lower than the $2,100 median asking rent in Niles, MI.
- Median rent
- $1,193
- Gross yield
- 17.61%
- Avg home value
- $90,164
Bay City, MI
Bay City, MI median asking rent is $1,300, $800 (38.1%) lower than the $2,100 median asking rent in Niles, MI.
- Median rent
- $1,300
- Gross yield
- 13.44%
- Avg home value
- $104,959
Owosso, MI
Owosso, MI median asking rent is $1,400, $700 (33.3%) lower than the $2,100 median asking rent in Niles, MI.
- Median rent
- $1,400
- Gross yield
- 13.81%
- Avg home value
- $148,510
Sault Ste. Marie, MI
Sault Ste. Marie, MI median asking rent is $1,550, $550 (26.2%) lower than the $2,100 median asking rent in Niles, MI.
- Median rent
- $1,550
- Gross yield
- 14.23%
- Avg home value
- $113,925
Niles, MI rent and yield FAQ
Quick answers based on the latest Niles, MI rental listing and transaction data.
What is the average rent in Niles, MI?
As of July 2026, the median asking rent in Niles, MI is $2,100. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Niles, MI?
Niles, MI currently prices at a 9.44% gross rental yield, versus 10.76% across Michigan. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Niles, MI market context to property-level screening
Open Rental Insights with Niles, MI selected, then pair the yield signal with investor activity and rental data workflows.