Updated 1 Day Ago
Highlights
Pet Friendly
Location
1405 E Lake Dr, Novi, MI 48377, USA|Novi
Tour 1405 E Lake Dr
Contact
Silva Property Management LLC
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Amenities for 1405 E Lake Dr, Novi
Community
| Cats OK | Dogs OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
About 1405 E Lake Dr
Rare Lakefront Rental on private All-Sports Walled Lake!!! Come enjoy one of the few truly lakefront properties available for lease with all-sports water right at your doorstep. Situated on premium point with sweeping wester-facing views, this home offers some of the most breathtaking sunsets on the entire lake. Step inside to an open floor plan designed for entertaining, where the moment you walk in, you're greeted with expansive views of the water. Cozy up on the chilly evenings with the electric fireplace. UTILITIES DTE Energy: Electric Consumers Energy: Gas Sewer/Water/Trash: $65 Cable/Internet Options AT&T Fiber Spectrum DISH DirectTV XFinity TMobile Lots of other Internet options Resident Responsibilities Lawn (renter to handle) Snow Removal (renter to handle) Extra Perks Management handles dock upkeep one boat allowed no additional fee Comes with lawn chairs umbrellas on dock as well as paddleboards and kayaks free to use Lakeside and front of house parking UPDATES 1st Floor renovated in 2014 (down to the studs): Living room, dining room, kitchen, stairs Roof (back part of the house): 2024 Back two rooms renovated in 2023 HVAC/Humidifier: 2023 New Water Heater: 2023 New Insulation: 2021 Backyard grass installed: 2021
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1405 E Lake Dr compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.5 miles away
- More space
- The 2-bedroom is 243 sqft larger than other listings nearby
- Public transit nearby
- Only 0.7 miles from transit
- Elementary school nearby
- There is an elementary school 0.4 miles away
- Images Available
- There are at least 10 photos of this property
- Pet friendly
- This property allows pets
Considerations
- Priced higher than average
- 2-bedrooms are $900 more than the median rent in this area
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Neighborhood | Novi |
|---|---|
| Zip code | 48377 |
| Type | House for rent |
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Rent trends in Novi
2-bedroom apartments at 1405 E Lake Dr cost about 58% more than the average rent price for 2-bedroom apartments in Novi.
Median rents as of Oct 31 2026.
Novi
Novi
| Month | Median Rent |
|---|---|
| November 2024 | $1,770 |
| December 2024 | $1,796 |
| January 2025 | $1,769 |
| February 2025 | $1,760 |
| March 2025 | $1,861 |
| April 2025 | $1,850 |
| May 2025 | $1,938 |
| June 2025 | $1,909 |
| July 2025 | $1,806 |
| August 2025 | $1,767 |
| September 2025 | $1,720 |
| October 2025 | $1,717 |
| November 2025 | $1,697 |
| December 2025 | $1,689 |
| January 2026 | $1,792 |
| February 2026 | $1,729 |
| March 2026 | $1,686 |
| April 2026 | $1,733 |
| May 2026 | $1,858 |
| June 2026 | $1,937 |
| July 2026 | $1,926 |
| August 2026 | $1,822 |
| September 2026 | $1,812 |
| October 2026 | $1,834 |
| Month | Median Rent |
|---|---|
| November 2024 | $2,042 |
| December 2024 | $2,207 |
| January 2025 | $1,894 |
| February 2025 | $1,928 |
| March 2025 | $1,988 |
| April 2025 | $1,993 |
| May 2025 | $2,010 |
| June 2025 | $2,034 |
| July 2025 | $2,209 |
| August 2025 | $2,060 |
| September 2025 | $1,979 |
| October 2025 | $1,901 |
| November 2025 | $1,800 |
| December 2025 | $1,812 |
| January 2026 | $1,885 |
| February 2026 | $1,900 |
| March 2026 | $1,868 |
| April 2026 | $1,815 |
| May 2026 | $1,865 |
| June 2026 | $1,937 |
| July 2026 | $2,050 |
| August 2026 | $1,985 |
| September 2026 | $1,925 |
| October 2026 | $1,917 |
Affordability calculator
Can I afford to live at 1405 E Lake Dr?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$120,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $120,000 annually to afford this 2-bedrooms monthly rent price of $3,000.
For more information on rent affordability, visit our rent calculator.
Schools near 1405 E Lake Dr
Hickory Woods Elementary School
30655 novi rd
novi, MI, 48377
K-5Public
A
Hawthorn Center
18471 haggerty rd
northville, MI, 48168
K-12Public
William A Pearson Elementary
57900 11 mile rd
south lyon, MI, 48178
K-5Public
A-
Pccs Elementary Virtual Academy
454 s harvey st
plymouth, MI, 48170
1-5Public
Huron Valley Virtual Academy
2390 s milford rd
highland, MI, 48357
K-12Public
Neighborhood
Novi | Novi, MI
Getting around Novi near 1405 E Lake Dr
Walking
2/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 1405 E Lake Dr, Novi
Groceries
3/10
Some groceries within a short drive
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
4/10
Variety of cafés within a short drive
Restaurants
6/10
Variety of restaurants within a short drive
Primary schools
2/10
At least one elementary school within a 30-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Parks
2/10
Limited amount of park space nearby
Nightlife
5/10
Variety of bars within a short drive
Explore the area around 1405 E Lake Dr
Gordon Food Service Store
44055 W Twelve Mile Rd
Kroger
39950 W 14 Mile Rd
Costco Wholesale
3000 Commerce Xing
Ishtar Ethnic Foods
7380 Haggerty Rd
Penny Lake Grocery
1270 S Commerce Rd
Coach
27930 Novi Rd
Red Wing Shoe Store
43438 W Oaks Dr
Burlington
43480 W Oaks Dr
Marshalls
43500 W Oaks Dr
Lands' End
43520 W Oaks Dr
Kung Fu Tea
44325 W 12 Mile
Starbucks
42151 W 14 Mile Rd
Starbucks
27795 Novi Rd
Sweeting Novi RD
27202 Novi Rd
BIGGBY Coffee
27500 Novi Rd
Lakeview Bar & Grill
43393 W 13 Mile Rd
Driftwood Bar & Grill
1103 E Lake Dr
The Beach Tiki Bar & Boil
142 E Walled Lake Dr
Walled Lake Tavern
141 E Walled Lake Dr
Ka Hing Inc
45017 W Pontiac Trl
Nana Cakes
373 Winslow Cir
Nino's Italian Bakery
115 E Walled Lake Dr
Meat Moot Smoking
44125 W Twelve Mile Rd
Williams-Sonoma
27710 Novi Rd
GNC
27456 Novi Rd
Playground
Pavilion Shore Park
Park
Playground
Playground
Lakeview Bar & Grill
43393 W 13 Mile Rd
Byrd's Hot Chicken
W 43444 W Oaks Dr
Culver's
27767 Novi Rd
Kung Fu Tea
44325 W 12 Mile
El Mariachi Mexican Restaurant
31150 Novi Rd
12 Mile / Twelve Oaks
Twelve Mile Crosstown
12 Mile / Novi
Twelve Mile Crosstown, Grand River P&R
12 Mile / Novi
Twelve Mile Crosstown
Pontiac Trail / Walled Lake Drive
Wixom
Twelve Oaks Mall Road EB
Twelve Mile Crosstown
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