
Cheap Homes for Rent in Niles, MI from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Niles.


2254 Huey St

922 Stanfield St

627 N St Peter St

1106 Portage Ave

937 Roosevelt St

2554 Little St
The Expert List: South Bend's 7 Most Livable and Affordable Neighborhoods
Discover affordable South Bend neighborhoods like Swanson Park and Wooded Estates. Find your ideal rental with easy access to parks, shops, and community events.

1910 N Johnson St

424 N 4th St, Unit D

1641 N Johnson St

1329 N Johnson St

113 W Dewey St

1329 N Meade St

1129 W Beale St
Rent According to Income: A Look at Income-Restricted Rentals
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Niles, MI Local Guide

How much does it cost to rent a home in Niles?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Niles 2 Bedroom Homes for Rent | $1,429 | $1,049 | $2,200 |
| Niles 3 Bedroom Homes for Rent | $1,785 | $1,175 | $2,950 |
| Niles 4 Bedroom Homes for Rent | $2,738 | $1,550 | $4,800 |
| Niles 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
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Niles, MI Local Guide
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Cheapest Available Niles Apartments for Rent and Nearby
 The cheapest available apartment rental in Niles, MI is a 1 Bed unit found at Midway Apartments priced from $800. Hickory Village Apartments in the Mishawaka neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Niles apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Midway Apartments | One Bedroom | 1BR,1BA | $800 |
| Hickory Village Apartments | One Bedroom | 1BR,1BA | $900 |
| Castle Point | Balmoral | 1BR,1BA | $905 |
| Spansail Court Apartments | The Pine - 1 bedroom, 1 bath | 1BR,1BA | $907 |
| Grey Ridge Apartments | Horseshoe | 1BR,1BA | $940 |
Best Value Apartments for Rent in Niles, MI and Nearby
As of July 23, 2026 the best value apartment in the Niles area is the $1.35 price per square foot 2 Bedroom 2 Bath 1299 Model at Aurum in the in the Council Oak neighborhood starting from $1,749. The second greatest value Niles apartment is the The Newman Model at Summer Place Apartments starting at $1,605 with a $1.36 price per square foot in the Granger neighborhood. Here is today’s list of the best values for Niles apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Aurum | 2 Bedroom 2 Bath 1299 | 2BR,2BA | $1.35 |
| Summer Place Apartments | The Newman | 3BR,2BA | $1.36 |
| Griffin Estates Apartments | Two Bedroom | 2BR,1BA | $1.34 |
| Spansail Court Apartments | The Oak - 2 Bedroom 1 Bathroom | 2BR,1BA | $1.40 |
| Georgetown Apartments | Carlisle | 1BR,1BA | $1.33 |
| Irish Row | 2X2 | 2BR,2BA | $1.09 |
| Castle Point | Andorra | 1BR,1BA | $1.33 |
| Pin Oak Manor Apartments | BB | 2BR,1BA | $1.38 |
| Grey Ridge Apartments | Horseshoe | 1BR,1BA | $1.34 |
| Midway Apartments | One Bedroom | 1BR,1BA | $1.33 |
Top Neighborhoods to Rent Near Major Colleges and Universities in South Bend, IN
Find your ideal affordable rental near the University of Notre Dame, St. Mary's College, and Ivy Tech in South Bend, IN. Explore top neighborhoods now.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
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Best Local Schools in Niles, MI
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Frequently Asked Questions about Niles
What type of rentals are currently available in Niles?
There are currently 74 Apartments for Rent in Niles, MI with pricing that ranges from $599 to $4,377. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Niles ranging from $700 to $7,200.
What is the current price range for Rental Homes in Niles?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Niles ranges from $700 to $7,200 with an average monthly rent of $2,144.
How much are larger Three and Four Bedroom Rentals in Niles?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Niles range from $780 to $4,377, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,175 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $599.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Top Neighborhoods to Rent Near Major Colleges and Universities in South Bend, IN
Written by: Wendy Melton
If Indiana is a central hub for the Midwest, South Bend is one of its strongest connectors, especially where education is concerned.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.