Home prices
The price of the median home in Niles is $284,400. In comparison to other places in this area this is roughly $109,400 (27%) lower.It is about $66,900 (30%) higher compared to the United States as a whole, and compared to the city of Chicago is about $26,400 (10%) higher.
Rents
In Niles the median monthly rent is $1,141. This is approximately $497 (30%) lower compared to other places in this area.Compared to the entire nation it is approximately $79 (7%) higher, and compared to the city of Chicago it is roughly $29 (2%) higher.
Nearby places
Morton Grove
Morton Grove is Niles's neighbor to the northeast. Its housing prices are a little more expensive. The cost of the median home in Morton Grove is $317,200, which is $32,800 (10%) higher than Niles. The rent there is substantially more expensive. The median rent in Morton Grove is $1,823 per month, which is $682 (37%) higher than Niles.
Park Ridge
Park Ridge is Niles's neighbor to the southwest. Real estate prices there are a lot more expensive. The median home in Park Ridge is valued at $437,000, which is $152,600 (34%) higher than Niles. Rent there is a bit more expensive. In Park Ridge the median rent is $1,433 a month, which comes out to $292 (20%) higher than Niles.
Skokie
Skokie is Niles's neighbor to the east. Real estate prices there are a little more expensive. The median home in Skokie costs $318,800, which comes out to $34,400 (10%) higher than Niles. Its rents are a bit more expensive. The median rent in Skokie is $1,271 per month, which works out to $130 (10%) higher than Niles.
Glenview
Glenview is Niles's neighbor to the north. The housing prices there are substantially more expensive. The price of the median home in Glenview is $499,900, which comes out to $215,500 (43%) higher than Niles. The rent there is a lot more expensive. The median monthly rent in Glenview is $1,771, which comes out to $630 (35%) higher than Niles.
Lincolnwood
Lincolnwood is about 3 miles southeast from Niles. The housing prices there are a bit more expensive. The value of the median home in Lincolnwood is $396,100, which is $111,700 (28%) higher than Niles. Its rents are a lot more expensive. In Lincolnwood the median monthly rent is $1,894, which works out to $753 (39%) higher than Niles.