Home prices
The median home in Niles is valued at $85,400. In comparison to its surrounding areas this is about $37,500 (30%) lower.It is roughly $132,100 (60%) lower compared to the nation as a whole, and compared to the city of Chicago is roughly $172,600 (66%) lower.
Rents
The median rent in Niles is $635 a month. Compared to its nearby areas this is approximately $289 (31%) lower.It is approximately $427 (40%) lower in comparison to the United States as a whole, and it is about $477 (42%) lower in comparison to the city of Chicago.
Nearby places
Buchanan
Buchanan is approximately 5 miles west of Niles. Housing prices there are somewhat more expensive. The median home in Buchanan costs $109,700, which is $24,300 (22%) higher than Niles. Its rents are a bit more expensive. The median monthly rent in Buchanan is $674, which comes out to $39 (5%) higher than Niles.
Edwardsburg
Edwardsburg is approximately 7 miles east from Niles. Real estate prices there are a little less expensive. The median home in Edwardsburg costs $65,000, which is $20,400 (31%) lower than Niles. The rent there is a bit more expensive. Edwardsburg's median monthly rent is $773, which comes out to $138 (17%) higher than Niles.
Roseland
Roseland is roughly 7 miles south of Niles. Real estate prices there are somewhat less expensive. The median home in Roseland is valued at $81,300, which comes out to $4,100 (5%) lower than Niles. Rent there is a little more expensive. The median monthly rent in Roseland is $788, which is $153 (19%) higher than Niles.
Indian Village
Indian Village is approximately 7 miles south from Niles. The real estate prices there are a lot more expensive. The median home in Indian Village costs $138,600, which works out to $53,200 (38%) higher than Niles. The rent there is a little more expensive. In Indian Village the median monthly rent is $896, which is $261 (29%) higher than Niles.
Granger
Granger is approximately 8 miles southeast from Niles. Its real estate prices are significantly more expensive. The cost of the median home in Granger is $219,900, which is $134,500 (61%) higher than Niles. Rents there are significantly more expensive. The median monthly rent in Granger is $1,491, which comes out to $856 (57%) higher than Niles.
