Cheap Homes for Rent in Novi, MI from $1,100 (15 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Novi, MI Local Guide

Cheapest Available Novi Apartments for Rent

 

The cheapest available apartment rental in Novi, MI is a 3 Beds unit found at Innova in the Farmington Road neighborhood priced from $319. Independence Green in the Farmington Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Novi apartments for rent:

Apartment ListingModel NameBed/BathPriced From
InnovaTownhome3BR,3BA$319
Independence GreenWashington - Premium Plus1BR,1BA$895
Waterview Farms Apartments1x1 693sf1BR,1BA$965
Stone Ridge ApartmentsOrchid View1BR,1BA$1,011
Westgate VI101 - 1 Bdrm, 1 Bath1BR,1BA$1,050

Best Value Apartments for Rent in Novi, MI

As of July 21, 2025 the best value apartment in the Novi area is the $1.48 price per square foot Sylvan II Model at Amberly Apartments in the in the Farmington Road neighborhood starting from $2,653. The second greatest value Novi apartment is the 3 BR 2.5 BATH EXTERIOR Model at Foxpointe Townhomes starting at $2,289 with a $1.43 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$1.48
Foxpointe Townhomes3 BR 2.5 BATH EXTERIOR3BR,2.5BA$1.43
Central Park EstatesThe Carnegie2BR,2BA$1.53
83 WestThe Union2BR,2BA$1.25
Tree Top Meadows2BR/1BA2BR,1BA$1.30
The Crossing At Eagle PondSuperior2BR,2BA$1.46
Jamestown ApartmentsRiverbank - with Garage or Carport1BR,1BA$1.15
Chatham Hills101 - 1 Bedroom1BR,1BA$1.52
Westgate VI101 - 1 Bdrm, 1 Bath1BR,1BA$1.44
Waterview Farms Apartments1x1 693sf1BR,1BA$1.39

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Novi

What type of rentals are currently available in Novi?

There are currently 115 Apartments for Rent in Novi, MI with pricing that ranges from $319 to $4,830. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Novi ranging from $1,100 to $5,500.

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 $1,100 to $5,500 with an average monthly rent of $2,443.

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 $319 to $4,830, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $5,500. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,805.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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A Detroit Local Expert’s Guide to the 10 Best Budget-Friendly Neighborhoods to Rent

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Detroit, Michigan. My family and I have lived in metro Detroit since the late 1990s.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.