The average rent in Niles, IL is $1,506.
In Niles, 23% of the residents are renting compared to 77% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 20% of Niles's rentals, 64% are small-scale complexes with under 50 units, and 16% are single-family rentals.
The average age of rental buildings in Niles is 56 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 6 stories, of which 52% are garden-style apartment communities, none are mid-sized buildings, and 48% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.
Studio apartments in Niles are around 0% of rentals, while 1-bedroom floor plans represent 57% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 40% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
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