Most Affordable Neighborhoods in Niles - 2026 Data
The median home value in Niles is $98,500, 65% below nat'l avg. Median rent is $888/month. With an affordability index of 135, Niles is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Niles, OH area.
Key Takeaways: Affordability in Niles
- 1The most affordable neighborhood in Niles is Cincinnati, with a median home value of $170,000.
- 2Niles's median home value is $98,500, 65% below nat'l avg (national: $281,900).
- 3Niles's affordability index is 135 (baseline 100), making it more affordable than the national average.
- 4Median rent in Niles is $888/month, 24% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Niles to find the most affordable areas based on home values, rent, and affordability index.
Niles Affordability Overview
Median Home Value
$98,500
65% below nat'l avg
Median Rent
$888/mo
24% below nat'l avg
Median Income
$48,860
34% below nat'l avg
Affordability Index
135
35% above nat'l avg
Most Affordable Neighborhoods in Niles (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | CincinnatiOH | $170,000 |
| 2 | SalemOH | $113,700 |
| 3 | MonroeOH | $242,000 |
| 4 | LorainOH | $115,200 |
| 5 | HamiltonOH | $141,300 |
| 6 | ClevelandOH | $87,400 |
| 7 | BeachwoodOH | $362,500 |
| 8 | Mount VernonOH | $149,200 |
| 9 | AkronOH | $99,700 |
| 10 | CantonOH | $86,200 |
| 11 | WickliffeOH | $146,600 |
| 12 | CirclevilleOH | $157,900 |
| 13 | East ClevelandOH | $71,800 |
| 14 | New FranklinOH | $185,000 |
| 15 | NewarkOH | $162,300 |