Niles, MI MSA
FY 2026 HUD Fair Market Rents for the Niles, MI MSA metro area. Population: 153,938.
Fair Market Rents (2026)
Studio
National avg: $893
$816/mo
↑ 3.3% YoY
-9% vs US
1 Bedroom
National avg: $959
$902/mo
↑ 2.7% YoY
-6% vs US
2 Bedroom
National avg: $1,175
$1,184/mo
↑ 2.8% YoY
+1% vs US
3 Bedroom
National avg: $1,525
$1,556/mo
↑ 4.6% YoY
+2% vs US
4 Bedroom
National avg: $1,756
$1,568/mo
↑ 2.7% YoY
-11% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $790 | $816 | +$26 (+3.3%) |
| 1 Bedroom | $878 | $902 | +$24 (+2.7%) |
| 2 Bedroom | $1,152 | $1,184 | +$32 (+2.8%) |
| 3 Bedroom | $1,488 | $1,556 | +$68 (+4.6%) |
| 4 Bedroom | $1,527 | $1,568 | +$41 (+2.7%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$36,080
$3,007/month gross
Required annual income for 2 BR
$47,360
$3,947/month gross
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.