Novi MI Apartments

38 rentals

Apartments For Rent Near Novi, MI

We found 30 more apartments matching your filters just outside Novi

Average Rent Trends in Novi, MI

Rent in Novi, MI varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Apr 2025.
MonthAverage rent
Jun 2025$1,789
Jul 2025$1,891
Aug 2025$1,983
Sep 2025$1,969
Oct 2025$1,925
Nov 2025$1,814
Dec 2025$1,847
Jan 2026$1,776
Feb 2026$1,741
Mar 2026$1,746
Apr 2026$1,770
May 2026$1,732
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,250$1,800$2,556$3,400$1,950
Townhomes—$1,580$2,400—$1,900
Apartments and Condos$1,200$1,900$1,900$3,400$1,900
Houses—$1,800$2,800$3,900$2,900
See more information about local market trends in Novi, MI

Frequently Asked Questions about Apartments and Condos for rent in Novi, MI

  • What is the average rent of an apartment in Novi, MI?
    The average rent of an apartment in Novi, MI is $1,746 per month. This is about 10% lower than the national average.
  • When is the average rent cheapest in Novi, MI?
    In the last year, the average rent in Novi, MI was lowest in Jun 2025 when it was $1,789 per month.
  • When is the average rent most expensive in Novi, MI?
    In the last year, the average rent in Novi, MI was highest in Apr 2025 when it was $49,237 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Novi, MI?
    The average rent of a 1 bedroom apartment in Novi, MI is $1,258 per month. That is about $688 less than the cost of a studio apartment.
  • How many apartments or condos are available to rent in Novi, MI?
    There are 46 available apartments or condos to rent in Novi, MI.
  • What are some zip codes in Novi, MI?
    Novi, MI includes zip codes such as: 48375, 48377, 48374, 48376.
  • What are some cities near Novi, MI?
    Some nearby cities include: Walled Lake, Wixom, Northville, Farmington Hills, Farmington. These cities may have more rental options to explore.