Apartments in Novi

1 - 20 of 20 Results
45
$1,400 - 1,932
43398 Citation Novi, MI
1 - 2 BR | Available Now
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Furnished
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
33
$1,762
21555 Haggerty Rd Novi, MI
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
49
$2,187
39640 Orchard Hill Pl Novi, MI
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
41
3D Tour
$1,609
22123 Solomon Blvd Novi, MI
1 BR | Jun. 15, 2024
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Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Covered Parking
12
$1,783 - 2,723
29850 Wexford Blvd Novi, MI
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
60
3D Tour
$1,034 - 1,927
30995 Springlake Blvd Novi, MI
1 - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
36
$2,314 - 2,665
25300 Constitution Novi, MI
2 - 3 BR | May. 29, 2024
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
39
$2,800
30146 Brightwood Dr Novi, MI
3 BR | Jun. 12, 2024
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House
17
$1,737 - 2,602
42330 Joyce Ln Novi, MI
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
11
$1,720
29850 Wexford Blvd. Novi, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Townhome
Air Conditioning
12
$2,199 - 2,658
25300 Constitution Novi, MI
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Townhome
Air Conditioning
9
$1,932 - 2,177
42330 Joyce Ln Novi, MI
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
4
$1,812 - 2,110
47305 Central Park Blvd. Novi, MI
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
24
$1,143 - 1,768
31170 Wellington Drive Novi, MI
1 - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
22
$931 - 1,617
30995 Springlake Blvd. Novi, MI
1 - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
22
$2,500
Novi, MI
2 BR | Available Now
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House
Air Conditioning
Surface Parking
Disability Access
Dishwasher
16
$2,788
Novi, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
25
$2,880
43200 Lochrisen Way Novi, MI
1 BR | Available Now
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Heat Included
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
33
3D Tour
$1,157 - 2,012
31170 Wellington Drive Novi, MI
1 - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
17
$1,600
Novi, MI
2 BR | Available Now
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House
Air Conditioning
Storage
Dishwasher
1 - 20 of 20 Results
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How much does it cost to rent an apartment in Novi?

Novi Apartments
Bed Type Average Rent Range
1BR $1,190 $950 - $1,890
2BR $1,510 $1,170 - $2,200
3BR $2,480 $2,140 - $2,800
4+BR $2,070 $2,070 - $2,070

Search Cities Near Novi, MI

Novi:
May Rent Report

Welcome to the May 2024 Novi Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Novi rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Novi and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Novi average rent prices in the chart below.

Monthly Rent Report

$1,750
$1,310
$880
$440
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Novi Rent Prices Increase From April to May

Novi rent prices increased over the last month. From April to May, the city experienced a 0.56% increase for the price of a one-bedroom apartment. The rent price for a Novi one-bedroom apartments currently stands at $1,253.0.

When we take a look at the two-bedroom comparison from April to May, Novi experienced a 0.12% increase for the price of a two-bedroom apartment. The rent price for a Novi two-bedroom apartments currently stands at $1,613.0.

May Prices: Novi vs. Surrounding Areas

Rent Prices in Novi and Surrounding Areas

Rent prices have increased in Novi over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Novi suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Novi suburbs

  • Rents did not decrease in any of the Novi suburbs.

May 2024 Pricing Trends: Novi vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Novi Rent Prices More Affordable Than Major Cities

Rent growth in Novi over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Novi average rent prices appear to be relatively affordable for local residents.

The price for a Novi one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Novi and surrounding area rent prices, take a look at the complete data set below.

Data set for Novi and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.