Low Income Apartments and Affordable Housing For Rent in Niles, MI

Discover affordable housing in Niles where there are 8+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Parkview Apartments

613 N Front St Suite A, Niles, Michigan 49120

Briar Crest I

680 Platt St, Niles, Michigan 49120

Berkshire Niles

10 North 3rd Street, Niles, Michigan 49120

Niles Post Office

322 East Main St, Niles, Michigan 49120

Four Flags Plaza Apartments

17 N 7th Street, Niles, Michigan 49120

Gateway Plaza

251 Cass St, Niles, Michigan 49120

Berries Woods II

1900 E Main St, Niles, Michigan 49120

Arbor Trails II

1615 N 5th St, Niles, Michigan 49120

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Niles, Michigan
$20.17/hour
$9.84 (+95%) more than Michigan minimum wage and $12.92 (+178%) more than the Federal minimum wage.
Learn More About Niles, Michigan Affordable Housing ↓

What HUD offices serve Niles, Michigan?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV) programs for Niles, Michigan.
Operates the Public Housing programs for Niles, Michigan.

Go to the Michigan Public Housing and Low-Income Apartments Waiting Lists page for openings near Niles.

How many renters live in Niles, Michigan?

The City of Niles has 11,871 people living in 5,089 households.

There are 3,930 renters living in 1,939 renter households in this City. Renters make up 33.11 percent of the population living in Niles.

What is the rental market like in Niles, Michigan?

There are an estimated 5,552 housing units in the Niles area. Of these, 2,048 units are rental homes, making up 37 percent of the housing market. For every renter household in Niles, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Niles?

The rental vacancy rate in Niles is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Niles for each bedroom size?

Occupied Rental Units by Size in Niles
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
40 697 691 372 122
Occupied Rental Units by Size in Niles

A large number of apartments in Niles have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Niles are overburdened by housing costs?

Among renter households in this market, 44 percent have housing cost burden. Further, 18 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Niles

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $722 to $1,431. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $722
One BR $811
Two BR $1,065
Three BR $1,364
Four BR $1,431
2024 Fair Market Rents in Niles, Michigan

How many units are rented at Fair Market Rent (FMR) in Niles?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 38 95 percent
One BR 539 77 percent
Two BR 548 79 percent
Rental Units Below FMR in Niles, Michigan

How many affordable rental units are in Niles?

There are a variety of federal affordable housing programs serving households in Niles, Michigan including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 294
Public Housing 179
Section 8 Project-Based Rental Assistance 189
Tracked Units by Federal Program in Niles, Michigan

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Niles, Michigan

Niles features 320 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Niles, Michigan

There are 259 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Niles.

Housing Choice Vouchers in Niles, Michigan

On average, Section 8 Housing Choice vouchers pay Niles landlords $600 per month towards rent. The average voucher holder contributes $200 towards rent in Niles.

The maximum amount a voucher would pay on behalf of a low-income tenant in Niles, Michigan for a two-bedroom apartment is between $959 and $1,172.

Sourced from federal housing data and AffordableHousingOnline.com research.