Last updated on October 27, 2026

Average rent in
Novi, MI

Key takeaways for renters

  • Where Novi rent stands today

    Novi, MI rent rose 31.9% year over year, with a current median of $2,300/month. Renters today are paying $556 more per month on average than last year.

  • Novi runs 21.1% more expensive than the $1,900/month national median, positioning it as a pricier suburban metro with a total of 101 total rentals available.

  • Price ranges

    In Novi, 1-bedroom units rent around $1,395/month, 2-bedrooms around $1,824/month, 3-bedrooms around $2,850/month, and 4+ bedrooms reach $3,625/month.

  • Price ranges

    Houses command a median of $3,200/month, while apartments are priced at $1,599/month. Apartments make up 21% of total rentals, with houses nearly half of the inventory.

Median rent

Median rent in Novi

$2,300/mo

increased by32%

vs previous year

The average rent in Novi is $2,300 per month as of October 2026. This is 21% above the national average rent, or $400 more per month.

$1.43

average price per square foot

Total rentals

Available rentals in Novi

101

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Novi rentals at each price point

55%41%28%14%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 remained the same over the last month and have increased by 32% 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 $1,599, whereas a house costs $3,200. 1-bedroom apartments in Novi run $1,421 on average, while 2-bedroom apartments are $1,600.

Listings

1 bedroom

$1,395

No Change

1%

2 bedroom

$1,824

1%

7%

3 bedroom

$2,850

5%

14%

4 bedroom

$3,625

5%

4%

1 bedroom

Average rent

$1,395

Last year

1%

2 bedroom

Average rent

$1,824

Last 30 days

1%

Last year

7%

3 bedroom

Average rent

$2,850

Last 30 days

5%

Last year

14%

4 bedroom

Average rent

$3,625

Last 30 days

5%

Last year

4%

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$2,300
increased by21%

higher than the national median

Median rent price$2,200
increased by16%

higher than the national median

Takeaway

The median rent for all rentals in Novi, MI is 5% higher than the median rent in Ann Arbor, MI.

Discover rentals in Novi, MI

Glens of Northville Apartments - Photo 1 of 1
Rent special

1h ago

9.4

Excellent

Glens of Northville Apartments

20969 Woodland Glen Dr, Novi, MI 48167

1–2 beds

1–2 baths

$1,279–$1,659

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
23640 Chipmunk Trail - Photo 1 of 1

14m ago

8.8

Very good

23640 Chipmunk Trail

23640 Chipmunk Trl, Novi, MI 48375

1–3 beds

1 bath

$1,314–$2,014

Price droppedFees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
23476 Danberry Ln - Photo 1 of 1

5d+ ago

Townhouse for rent in Novi

Condominium, 2 Story, Novi, MI

23476 Danberry Ln, Novi, MI 48375

2 beds

1.5 baths

$1,345

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Northville Woods - Photo 1 of 1

5d+ ago

8.8

Very good

Northville Woods

18800 Innsbrook Dr, Novi, MI 48168

1–3 beds

1–2 baths

$1,350–$2,225

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

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 $2,300 per month as of October 24, 2026.

Is rent up or down in Novi?

Average rent prices in Novi have remained the same over the last month and have increased by 32% since last year.

How does Novi rent compare to the national average?

Rent in Novi is 21% above the national average, which means renters are paying approximately $400 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 $92,000/year, based on spending no more than 30% of your income on rent.

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

October offers the best timing for apartment hunting in Novi, with the lowest rents of the year compared to November's peak pricing. December also presents good opportunities with the least competitive market conditions and lower overall demand.

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).

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