Cheap Apartments for Rent in Novi, MI
73 rentals
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,015 - $1,175/mo
1-2 Beds
1 BathWaterview Farms Apartments | 45685 Timberlane Ct,
Novi, MI 48377
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYFURNISHED$1,094 - $1,746/mo1-2 Beds1-2 BathsThe Springs Apartment Homes | 30995 Springlake Blvd,
Novi, MI 48377
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PET FRIENDLY$1,449 - $1,874/mo1-2 Beds1-2 BathsEdge at Novi - Novi, MI | 42101 Fountain Park Dr N,
Novi, MI 48375
PET FRIENDLYFURNISHED
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NEW - 2 DAYS AGOAPPLY INSTANTLYFURNISHED
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APPLY INSTANTLYPET FRIENDLYFURNISHED
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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 Oct 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $2,050 |
| Dec 2025 | $2,200 |
| Jan 2026 | $2,000 |
| Feb 2026 | $2,100 |
| Mar 2026 | $2,100 |
| Apr 2026 | $2,100 |
| May 2026 | $1,950 |
| Jun 2026 | $1,850 |
| Jul 2026 | $2,252 |
| Aug 2026 | $2,355 |
| Sep 2026 | $2,284 |
| Oct 2026 | $2,241 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,314 | $2,049 | $2,690 | $3,517 | $2,244 |
| Townhomes | — | $2,100 | $2,450 | $3,997 | $2,400 |
| Apartments and Condos | $1,200 | $2,100 | $2,500 | $3,600 | $2,200 |
| Houses | — | $1,500 | $2,750 | $3,300 | $3,100 |
Frequently Asked Questions about Rentals in Novi, MI
- What is the average rent of an apartment in Novi, MI?The average rent of an apartment in Novi, MI is $1,925 per month. This is about 0% higher than the national average.
- What are the cheapest months to find an apartment to rent in Novi, MI?Last year, the cheapest month to find an apartment to rent was Nov 2025 when it was $2,050 per month.
- How many cheap apartments are available in Novi, MI?There are 40 apartments to rent that are cheaper than the city’s average rent of $2,244.
- When is the average rent most expensive in Novi, MI?In the last year, the average rent in Novi, MI was highest in Jan 2025 when it was $2,300 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 $1,314 per month. That is about $275 less than the cost of a studio apartment.
- What are some zip codes in Novi, MI?
- 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.
View this page in Spanish: Apartamentos baratos en renta en Novi, MI - 341 Rentas | Trulia