New Townhomes For Rent in Novi, MI

3 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 for a townhome increased in Sep 2026 compared to the previous month. Rent for townhomes peaked in Jun 2025.
MonthAverage rent
Oct 2025$1,950
Nov 2025$2,280
Dec 2025$2,350
Jan 2026$2,300
Feb 2026$2,350
Mar 2026$2,350
Apr 2026$2,150
May 2026$1,900
Jun 2026$1,850
Jul 2026$2,050
Aug 2026$2,375
Sep 2026$2,450
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Average Rent By Bedroom and Home Type

In September 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,342$2,100$2,750$3,595$2,289
Townhomes—$2,295$3,200$3,600$2,295
Apartments and Condos$1,200$2,158$2,750$3,600$2,200
Houses—$1,500$2,750$3,595$2,975
See more information about local market trends in Novi, MI

Frequently Asked Questions about Townhomes for rent in Novi, MI

  • What is the average rent of a townhome in Novi, MI?
    The average rent of a townhome in Novi, MI is $2,295 per month. This is about 18% higher than the national average.
  • When is the average rent for a townhome cheapest in Novi, MI?
    In the last year, the average rent in Novi, MI was lowest in Feb 2025 when it was $1,895 per month.
  • When is the average rent for a townhome most expensive in Novi, MI?
    In the last year, the average rent in Novi, MI was highest in Jun 2025 when it was $2,900 per month.
  • How does the rent of a 3 bedroom townhome compare to a 2 bedroom townhome in Novi, MI?
    The average rent of a 3 bedroom townhome in Novi, MI is $3,200 per month. That is about $905 more than the cost of a 2 bedroom townhome.
  • How many townhomes are available to rent in Novi, MI?
    There are 3 available townhomes 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.
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