Apartments in 48377

1 - 9 of 9 Results
25
$1,900 - 2,213
29850 Wexford Blvd Novi, MI
2 - 3 BR | Nov. 11, 2024
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
33
3D Tour
$1,167 - 2,070
31170 Wellington Drive Novi, MI
1 - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
11
$1,720
29850 Wexford Blvd. Novi, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Townhome
Air Conditioning
34
$1,463 - 2,147
42330 Joyce Ln Novi, MI
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
60
3D Tour
$977 - 2,053
30995 Springlake Blvd Novi, MI
1 - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
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
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
11
$1,750
Novi, MI
2 BR | Dec. 18, 2024
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Balcony/Deck/Patio
Storage
Dishwasher
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
1 - 9 of 9 Results
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How much does it cost to rent an apartment in 48377?

48377 apartments
Bed Type Average Rent Range
1BR $1,180 $950 - $1,260
2BR $1,520 $1,170 - $1,980
3BR $2,020 $1,900 - $2,140
Find an Apartment in 48377
Looking for apartments for rent in 48377 Novi, MI? Rentable has a variety of options available in this area. Currently, there are 148 units available for rent in the 48377 zip code. The average rent in this area is $1,260, and the minimum rent for a 1-bedroom floor plan starts at $947.

48377 is a vibrant and desirable neighborhood in Novi, MI. It offers a range of amenities and is located near several points of interest. Nearby parks like Lakeshore Park and Pavilion Shore Park provide opportunities for outdoor activities and relaxation. The 48377 zip code is also conveniently situated close to shopping centers, restaurants, and entertainment options.

If you're searching for apartments near 48377, Rentable is the perfect place to start your search. With a variety of rentals available, you're sure to find the one that meets your needs and preferences. Take a look at Rentable's apartments in the 48377 area and discover your next 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.