Cheap Apartments for Rent in Novi, MI
57 rentals
- PET FRIENDLY$1,003 - $1,706/mo1-2 Beds1-2 BathsThe Springs Apartment Homes | 30995 Springlake Blvd #6202,
Novi, MI 48377 - SPECIAL OFFERPET FRIENDLYTotal price$1,015 - $1,195/mo1-2 Beds1 BathWaterview Farms Apartments | 45685 Timberlane Ct #3f595f573,
Novi, MI 48377 - NEW - 11 HRS AGOPET FRIENDLY
- PET FRIENDLY
- PET FRIENDLY
- PET FRIENDLY
- APPLY INSTANTLYSENIOR HOUSING
- $1,256 - $1,723/mo1-2 Beds1-2 BathsPortsmouth Apartments | 31170 Wellington Dr #21208,
Novi, MI 48377 - $1,299 - $1,999/mo2-3 Beds1-2 BathsNovi Ridge Apartments | 23640 Chipmunk Trl #2-130208,
Novi, MI 48375 - $1,449 - $1,784/mo1-2 Beds1-2 BathsHeights of Novi Apartments | 22123 Solomon Blvd #157,
Novi, MI 48375 - $1,499 - $1,824/mo1-2 Beds1-2 BathsEdge at Novi - Novi, MI | 42101 Fountain Park Dr N #4-124R,
Novi, MI 48375 - $1,520 - $1,595/mo2 Beds2 BathsPavilion Court Apartment Homes | 22675 Pavilion Dr #28-203,
Novi, MI 48375 - $1,669 - $3,297/mo1-3 Beds1-3 BathsRiver Oaks West Apartments | 43355 Cliffside Ct #5aab3cd5c,
Novi, MI 48375 - $1,899 - $2,355/mo1-3 Beds1-3 BathsCentral Park Estates | 47305 Central Park Blvd #47167,
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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 May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,199 |
| Jul 2025 | $2,102 |
| Aug 2025 | $2,300 |
| Sep 2025 | $2,100 |
| Oct 2025 | $2,088 |
| 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 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| 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 |
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 $1,948 per month. This is about 1% higher than the national average.
- What is the average rent of a house in Novi, MI?The average rent of a house in Novi, MI is $2,800 per month. This is about 45% higher than the national average.
- What is the average rent of a townhome in Novi, MI?The average rent of a townhome in Novi, MI is $1,900 per month. This is about 2% 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 Nov 2025 when it was $2,050 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 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 $1,322 per month. That is about $711 less than the cost of a studio apartment.
- How many available rental listings are in Novi, MI?There are 59 available rental listings in Novi, MI.
- 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.