RentYield Atlas

ZIP 49120 — Niles, MI: rental yield & market data

Gross rental yield of 6.06% — ranked #124 of 214 Michigan ZIP codes. June 2026 data.

Gross rental yield
6.06%
Home value
$216,654
Market rent / mo
$1,094
Price-to-rent
16.5

Trend

Metric1-year change5-year change
Home value+6.2% +25.2%
Market rent

Metro: Niles, MI · County: Berrien County · Annual rent: $13,128

Comparable ZIP codes in Michigan

Similar home values, sorted by yield — the cheapest way to see if 49120 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
48135Garden CityMI$209,498$1,6069.20%10.9+2.6%
48080Saint Clair ShoresMI$225,276$1,6058.55%11.7+3.1%
48071Madison HeightsMI$225,266$1,4967.97%12.5-0.9%
48174RomulusMI$222,185$1,3877.49%13.3+3.0%
49015Battle CreekMI$216,335$1,3437.45%13.4+5.7%
48101Allen ParkMI$213,854$1,2567.04%14.2+2.6%
49036ColdwaterMI$220,834$1,2526.81%14.7+8.4%
48161MonroeMI$207,398$1,0756.22%16.1+6.4%

Top rental yields in all of Michigan →

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