Last updated on June 12, 2026

Average rent in
Novi, MI

Key takeaways for renters

  • The bottom line

    Novi, MI rent slipped 2.6% year over year, with a current median of $2,118/month. Renters today are paying $138 less per month on average than last year, though rent increased 2.6% month over month in the latest data.

  • Novi runs 8.6% more expensive than the $1,950/month national median, positioning it as a moderately priced market with 70 total rentals available for choice.

  • Rent ranges by bedroom

    In Novi, 1-bedroom units run around $1,535/month while 2-bedrooms are about $1,900/month. Larger units rise to $2,700/month for 3-bed and $3,525/month for 4+ bedrooms.

Median rent

Median rent in Novi

$2,118/mo

decreased by3%

vs previous year

The average rent in Novi is $2,118 per month as of June 2026. This is 9% above the national average rent, or $168 more per month.

$1.45

average price per square foot

Total rentals

Available rentals in Novi

70

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Novi rentals at each price point

65%49%33%16%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Novi, MI

Average rent prices in Novi have increased by 3% over the last month and have decreased by 3% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Novi, MI

Rent prices in Novi vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Novi is $1,649, whereas a house costs $3,300. 1-bedroom apartments in Novi run $1,529 on average, while 2-bedroom apartments are $1,764.

Listings

1 bedroom

$1,535

1%

1%

2 bedroom

$1,900

4%

2%

3 bedroom

$2,700

1%

2%

4 bedroom

$3,525

No Change

11%

1 bedroom

Average rent

$1,535

Last 30 days

1%

Last year

1%

2 bedroom

Average rent

$1,900

Last 30 days

4%

Last year

2%

3 bedroom

Average rent

$2,700

Last 30 days

1%

Last year

2%

4 bedroom

Average rent

$3,525

Last 30 days

No Change

Last year

11%

The table above reflects average rent prices in Novi, MI, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Novi, MI compare to other cities?

Compare median rent prices in Novi and Ann Arbor by all bedroom counts and property types.

Novi

Median rent price$2,118
increased by9%

higher than the national median

Median rent price$2,100
increased by8%

higher than the national median

Takeaway

The median rent for all rentals in Novi, MI is 1% higher than the median rent in Ann Arbor, MI.

Discover rentals in Novi, MI

23640 Chipmunk Trail - Photo 1 of 1

1d ago

8.8

Very good

23640 Chipmunk Trail

23640 Chipmunk Trl, Novi, MI 48375

1–3 beds

1 bath

$1,264–$1,914

Apartment for rent

Northville Woods - Photo 1 of 1

9h ago

8.8

Very good

Northville Woods

18800 Innsbrook Dr, Novi, MI 48168

1–3 beds

1–2 baths

$1,300–$2,200

Price drop

Apartment for rent

Glens of Northville Apartments - Photo 1 of 1

1d ago

9.3

Excellent

Glens of Northville Apartments

20969 Woodland Glen Dr, Novi, MI 48167

1–2 beds

1–2 baths

$1,399–$1,659

Apartment for rent

Heights of Novi Apartments - Photo 1 of 1

12h ago

9.3

Excellent

Heights of Novi Apartments

22123 Solomon Blvd, Novi, MI 48375

1–2 beds

1–2 baths

$1,419–$1,794

Apartment for rent

Stay up to date with rental market insights

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Frequently asked questions for Novi, MI

Quick answers to common questions about the Novi rental market.

How much is rent in Novi?

The average rent in Novi is $2,118 per month as of June 6, 2026.

Is rent up or down in Novi?

Average rent prices in Novi have increased by 3% over the last month and have decreased by 3% since last year.

How does Novi rent compare to the national average?

Rent in Novi is 9% above the national average, which means renters are paying approximately $168 more per month.

What salary do I need to afford rent in Novi?

To comfortably afford rent in Novi, you'd need to earn approximately $85,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Novi?

Novi's 2025 rental market shows one-bedroom apartments averaging around $1,400 per month, while two-bedroom units cost around $1,800 per month. Two-bedroom apartments make up the largest share of available rentals at 48% of the market, followed by one-bedroom units at 21%.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Ann Arbor