Cheap Homes for Rent in Novi, MI from $1,050 (23 Rentals)

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Search the lowest-cost Homes available for rent right now in Novi.

property at 29822 Indian Trl

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

3 Bedroom, 2 Bath Condo for Rent

Available Now

29822 Indian Trl, Unit M

29822 Indian Trl
Farmington HillsMI48331
property at 280 Hutton St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Condo for Rent

Available Now

280 Hutton St

NorthvilleMI48167

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property at 8201 Chesapeake Cir

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 2 Bath Condo for Rent

Available Sep 1

8201 Chesapeake Cir, Unit Maple Cross Condo

8201 Chesapeake Cir
Wolverine LakeMI48390

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Novi, MI Local Guide

Cheapest Available Novi Apartments for Rent

 

The cheapest available apartment rental in Novi, MI is a 1 Bed unit found at Independence Green in the Farmington Road neighborhood priced from $892. Waterview Farms Apartments in the Novi neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $985. Here is today’s list of the most affordable Novi apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Independence GreenWashington - Premium Plus1BR,1BA$892
Waterview Farms Apartments1x1 693sf1BR,1BA$985
1630 N Pontiac Trl1 BD / 1 BA1BR,1BA$1,000
The Springs Apartment HomesVerbena1BR,1BA$1,043
Town & Country Apartments - Wixom, MIAres1BR,1BA$1,099

Best Value Apartments for Rent in Novi, MI

As of August 23, 2026 the best value apartment in the Novi area is the $1.16 price per square foot Sylvan II Model at Amberly Apartments in the in the Farmington Road neighborhood starting from $2,078. The second greatest value Novi apartment is the The Pine Model at 83 West starting at $2,144 with a $1.28 price per square foot in the Farmington Road neighborhood. Here is today’s list of the best values for Novi apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Amberly ApartmentsSylvan II2BR,2.5BA$1.16
83 WestThe Pine3BR,2.5BA$1.28
Foxpointe TownhomesThe Cambridge (3BR / 2.5BA)3BR,2.5BA$1.47
8102 Addington Dr8102 Addington Dr2BR,2.5BA$1.36
Diamond Forest ApartmentsOak2BR,2BA$1.41
Pavilion Court Apartment HomesTwo Bedroom 2 Bath - 1,190 sqft2BR,2BA$1.37
Spring ValleyMarquette2BR,2BA$1.42
Jamestown ApartmentsRiverbank - with Garage or Carport1BR,1BA$1.17
Windemere ApartmentsDaffodil2BR,1BA$1.47
Waterview Farms Apartments1x1 693sf1BR,1BA$1.42

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Best Detroit Area Neighborhoods for Off-Campus Housing Renters

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Detroit area for Off-Campus Student Housing. Find your perfect Detroit Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Novi, MI
Population: 60,951

Ranked #619

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Novi

What type of rentals are currently available in Novi?

There are currently 111 Apartments for Rent in Novi, MI with pricing that ranges from $892 to $7,605. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in Novi ranging from $1,050 to $13,300.

What is the current price range for Rental Homes in Novi?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Novi ranges from $1,050 to $13,300 with an average monthly rent of $3,038.

How much are larger Three and Four Bedroom Rentals in Novi?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Novi range from $1,335 to $7,605, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,695 and Four Bedroom Apartments start at $3,750.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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Exploring Metro Detroit: A Neighborhood-by-Neighborhood Rental Guide

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Metro Detroit. As covered in other articles, the City of Detroit has much to offer to renters.

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Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers

Written by: Tim Brown

The auto industry remains the largest employment sector in the Motor City and surrounding communities, though the metro area has a significant presence in other sectors, including medical and financial services.

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The Detroit Insider's Renting Guide: A Locals Look Under the Hood of Motown

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I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s and have witnessed the city and its surrounding metro area undergo a renaissance.

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Detroit is an exciting and vibrant city with many educational and employment opportunities, and many neighborhoods to choose from while attending school.

Articles, How-To's, and Tips

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.