Home prices
The cost of the median home in Niles is $85,200. Compared to its surrounding areas it is about $5,980 (6%) lower.In comparison to the entire country it is roughly $132,300 (60%) lower, and is about $15,600 (22%) higher in comparison to the city of Cleveland.
Rents
The median monthly rent in Niles is $695. In comparison to its nearby areas this is roughly $31 (4%) higher.It is about $367 (34%) lower compared to the United States as a whole, and compared to the city of Cleveland it is about $24 (3%) lower.
Nearby places
McKinley Heights
McKinley Heights is Niles's neighbor to the east. Its real estate prices are somewhat less expensive. The median home price in McKinley Heights is $80,400, which comes out to $4,800 (5%) lower than Niles. Rents there are somewhat less expensive. The median rent in McKinley Heights is $641 per month, which works out to $54 (8%) lower than Niles.
Bolindale
Bolindale is Niles's neighbor to the northwest. The real estate prices there are similar. Bolindale's median home value is $85,500, which is very similar to Niles. The rent there is similar. Bolindale's median rent is $672 per month, which comes out to $23 (3%) lower than Niles.
McDonald
McDonald is Niles's neighbor to the southeast. Real estate prices there are somewhat more expensive. The median home in McDonald is valued at $91,500, which works out to $6,300 (6%) higher than Niles. Rent there is a little more expensive. McDonald's median rent is $741 a month, which is $46 (6%) higher than Niles.
Mineral Ridge
Mineral Ridge is Niles's neighbor to the south. Real estate prices there are a little more expensive. The median home in Mineral Ridge costs $121,400, which is $36,200 (29%) higher than Niles. The rent there is somewhat less expensive. In Mineral Ridge the median monthly rent is $630, which comes out to $65 (10%) lower than Niles.
Girard
Girard is approximately 2 miles southeast from Niles. The housing prices there are a bit less expensive. Girard's median home price is $77,100, which comes out to $8,100 (10%) lower than Niles. Its rents are a little less expensive. In Girard the median monthly rent is $634, which is $61 (9%) lower than Niles.