Apartments in 48375

1 - 8 of 8 Results
49
$1,379
39640 Orchard Hill Pl Novi, MI
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
33
$1,559
21555 Haggerty Rd Novi, MI
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
72
$1,732 - 3,167
25300 Constitution Novi, MI
1 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
41
3D Tour
$1,299 - 1,579
22123 Solomon Blvd Novi, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Covered Parking
12
$1,776 - 2,005
23399 Haggerty Rd Novi, MI
2 BR | Nov. 29, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
52
$1,430 - 1,837
43398 Citation Novi, MI
1 - 2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
9
$1,600
Novi, MI
3 BR | Ask for Availability
Contact
House
12
$2,199 - 2,658
25300 Constitution Novi, MI
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Townhome
Air Conditioning
1 - 8 of 8 Results
  1. Home
  2. Ann Arbor, MI Area Apartments
  3. Novi
  4. 48375

How much does it cost to rent an apartment in 48375?

48375 apartments
Bed Type Average Rent Range
1BR $1,460 $1,300 - $1,870
2BR $1,590 $1,530 - $1,870
3BR $2,560 $1,600 - $2,840
4+BR $2,560 $2,560 - $2,560
Find an Apartment in 48375
Looking for an apartment in Novi, MI? Rentable has a variety of apartments for rent in 48375. Currently, there are 49 units available in this area. The average rent for apartments in 48375 is $1,600, with 1-bedroom units starting at $1,399.

Novi, MI offers a range of community amenities and nearby points of interest. Residents can enjoy easy access to parks such as Lakeshore Park and Power Park, which provide opportunities for outdoor activities and relaxation. With its convenient location, 48375 is close to shopping centers, restaurants, and entertainment options, ensuring you'll have everything you need right at your doorstep.

If you're searching for an apartment near 48375 in Novi, MI, Rentable has the perfect options for you. Take a look at our available apartments in 48375 and find your ideal home today.

Novi:
November Rent Report

Welcome to the November 2024 Novi Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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

$1,700
$1,280
$850
$430
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Novi Rent Prices Decrease From October to November

Novi rent prices decreased over the last month. From October to November, the city experienced a -1.42% decrease for the price of a one-bedroom apartment. The rent price for a Novi one-bedroom apartments currently stands at $1,249.0.

When we take a look at the two-bedroom comparison from October to November, Novi experienced a 0.8% increase for the price of a two-bedroom apartment. The rent price for a Novi two-bedroom apartments currently stands at $1,634.0.

November Prices: Novi vs. Surrounding Areas

Rent Prices in Novi and Surrounding Areas

Rent prices have decreased 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.

November 2024 Pricing Trends: Novi vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Novi Rent Prices More Affordable Than Major Cities

Rent growth in Novi over the past year has been declining. 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 November 1 BR M/M % Change 2 BR November 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.