What's the average rent in Novi, MI?

Rental Market Trends in Novi, MI

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Novi, MI is $2,277 per month, which is 18% higher than the national average rent of $1,932 per month.

AVERAGE RENT

$2,277

-0.3%-$6 decrease month-over-month

8.3%$174 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,863

HOUSES

$3,250

TOWNHOUSES

$2,400

As of November 2026, apartments are the most affordable rental option in Novi, MI at $1,863 per month, while houses are the most expensive at $3,250 per month. Townhomes average $2,400 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,336
2 Bedrooms	$1,989
3 Bedrooms	$2,690
4 Bedrooms	$3,500
All	$2,277

As of November 2026, the average rent for a 1 bedroom rental in Novi, MI is $1,336 per month, followed by $1,989 for a 2 bedroom rental, $2,690 for a 3 bedroom rental, and $3,500 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,989
3 Bedrooms	$2,444
4 Bedrooms	$3,600
All	$2,400

As of November 2026, the average rent for a 2 bedroom townhome in Novi, MI is $1,989 per month, followed by $2,444 for a 3 bedroom townhome, and $3,600 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,200
2 Bedrooms	$2,049
3 Bedrooms	$2,650
4 Bedrooms	$3,600
All	$2,100

As of November 2026, the average rent for a 1 bedroom apartment in Novi, MI is $1,200 per month, followed by $2,049 for a 2 bedroom apartment, $2,650 for a 3 bedroom apartment, and $3,600 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$3,000
3 Bedrooms	$2,750
4 Bedrooms	$3,300
All	$3,250

As of November 2026, the average rent for a 2 bedroom house in Novi, MI is $3,000 per month, followed by $2,750 for a 3 bedroom house, and $3,300 for a 4 bedroom house.