Last updated on September 12, 2026

Average rent in
Novi, MI

Key takeaways for renters

  • The bottom line

    Novi, MI rent rose 27.8% year over year, with a current median of $2,300/month. Renters are paying $421 more per month on average than last year despite a 2.2% month-over-month decline since the July peak of $2,399/month.

  • Novi runs 21.1% more expensive than the $1,900/month national median, placing it above average in cost among U.S. metros with a total of 94 rentals available.

  • Rent ranges by bedroom

    In Novi, 1-bedroom units rent for $1,435/month, 2-bedrooms for $1,799/month, 3-bedrooms for $2,850/month, and 4+ bedrooms for $3,675/month. This range reflects the variety of bedroom sizes available to renters in the city.

Median rent

Median rent in Novi

$2,300/mo

increased by28%

vs previous year

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

$1.40

average price per square foot

Total rentals

Available rentals in Novi

94

for rent on Zumper.com as of September 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 decreased by 2% over the last month and have increased by 28% 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 $1,614, whereas a house costs $3,450. 1-bedroom apartments in Novi run $1,455 on average, while 2-bedroom apartments are $1,690.

Listings

1 bedroom

$1,435

2%

5%

2 bedroom

$1,799

No Change

5%

3 bedroom

$2,850

6%

6%

4 bedroom

$3,675

No Change

11%

1 bedroom

Average rent

$1,435

Last 30 days

2%

Last year

5%

2 bedroom

Average rent

$1,799

Last 30 days

No Change

Last year

5%

3 bedroom

Average rent

$2,850

Last 30 days

6%

Last year

6%

4 bedroom

Average rent

$3,675

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$2,300
increased by21%

higher than the national median

Median rent price$2,100
increased by11%

higher than the national median

Takeaway

The median rent for all rentals in Novi, MI is 10% higher than the median rent in Ann Arbor, MI.

Discover rentals in Novi, MI

Park Place of Northville - Photo 1 of 1
3D tour

4h ago

9.6

Excellent

Our team has verified this company

Verified

Park Place of Northville

43001 Northville Place Dr, Novi, MI 48167

1–2 beds

1–2 baths

$1,345–$1,939

Call

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

$1,369–$1,659

23640 Chipmunk Trail - Photo 1 of 1

9h ago

8.8

Very good

23640 Chipmunk Trail

23640 Chipmunk Trl, Novi, MI 48375

2–3 beds

1 bath

$1,414–$2,014

280 Hutton St - Photo 1 of 1

5d+ ago

Northville apartment for rent in Novi

Condominium, 1 Story, Northville, MI

280 Hutton St, Novi, MI 48167

2 beds

1 bath

$1,500

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 September 5, 2026.

Is rent up or down in Novi?

Average rent prices in Novi have decreased by 2% over the last month and have increased by 28% 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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