579 N Pontiac Trail
Walled LakeMI48390
Cheap Homes for Rent in Novi, MI from $1,600 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Novi.
19143 Surrey Ln, Unit Northville Condo, Unit Northville Condo
19143 Surrey Ln
NorthvilleMI48167
24361 Bashian Dr, Unit 24361 Bashian Drive, Unit 24361 Bashian Drive
24361 Bashian Dr
NoviMI48375
23647 Stonehenge Blvd, Unit 42, Unit 42
23647 Stonehenge Blvd
NoviMI48375
19130 Northridge Dr
NorthvilleMI48167
8208 Chesapeake Cir
Commerce TownshipMI48390
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1527 Mariner Dr
Walled LakeMI48390
2245 S Commerce Rd
Wolverine LakeMI48390
31186 Country Way
Farmington HillsMI48331
31164 Country Way, Unit 31164 Country, Unit 31164 Country
31164 Country Way
Farmington HillsMI48331
23677 Stonehenge Blvd
NoviMI48375
19536 Northridge Dr
NorthvilleMI48167
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
25520 Portico Ln
NoviMI48375
23737 Stonehenge Blvd
NoviMI48375
23594 N Rockledge
NoviMI48375
19112 Northridge Dr
NorthvilleMI48167
26210 Chesapeake Cir
Commerce TownshipMI48390
19536 Northridge Dr
NorthvilleMI48167
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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$2,069Studio Apartments Available Now
Furnished Studio-Detroit - Novi - Haggerty Road
21555 Haggerty RdNovi, MI 48375
Showing Results 1-19, Page 1 of 1
Novi, MI Local Guide
How much does it cost to rent a home in Novi?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Novi 2 Bedroom Homes for Rent | $2,049 | $1,650 | $3,000 |
| Novi 3 Bedroom Homes for Rent | $2,959 | $1,820 | $4,850 |
| Novi 4 Bedroom Homes for Rent | $5,758 | $2,850 | $10,000+ |
| Novi 5 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Novi
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Novi, MI Local Guide
- Novi Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Novi Apartments for Rent
The cheapest available apartment rental in Novi, MI is a 1 Bed unit found at The Village Apartments in the Liberty Park neighborhood priced from $886. Stone Ridge Apartments in the Liberty Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $967. Here is today’s list of the most affordable Novi apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Village Apartments | Primrose | 1BR,1BA | $886 |
| Stone Ridge Apartments | Orchid | 1BR,1BA | $967 |
| Waterview Farms Apartments | 1x1 693sf | 1BR,1BA | $985 |
| 1630 N Pontiac Trl | 1 BD / 1 BA | 1BR,1BA | $1,000 |
| The Springs Apartment Homes | Verbena | 1BR,1BA | $1,003 |
Best Value Apartments for Rent in Novi, MI
As of May 24, 2026 the best value apartment in the Novi area is the $1.28 price per square foot The Pine Model at 83 West in the in the Farmington Road neighborhood starting from $2,154. The second greatest value Novi apartment is the The Cambridge (3BR / 2.5BA) Model at Foxpointe Townhomes starting at $2,339 with a $1.46 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 83 West | The Pine | 3BR,2.5BA | $1.28 |
| Foxpointe Townhomes | The Cambridge (3BR / 2.5BA) | 3BR,2.5BA | $1.46 |
| Pavilion Court Apartment Homes | Two Bedroom 2 Bath - 1,190 sqft | 2BR,2BA | $1.28 |
| The Ascent at Farmington Hills | Maple | 2BR,2BA | $1.42 |
| Tree Top Meadows | 2BR/1.5BA | 2BR,1.5BA | $1.30 |
| The Crossing At Eagle Pond | Superior | 2BR,2BA | $1.34 |
| Westgate VI | 201 - 2 Bdrm, 1 Bath | 2BR,1BA | $1.28 |
| Jamestown Apartments | Riverbank - with Garage or Carport | 1BR,1BA | $1.17 |
| 662 Finch Ct | 662 Finch Ct | 1BR,1BA | $1.11 |
| Waterview Farms Apartments | 1x1 693sf | 1BR,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.
Read Article
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
Read ArticleReal 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.
Read ArticleQuick 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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Novi, MIPopulation: 60,951
Ranked #619
in US Census Population by City
Best Local Schools in Novi, MI
Novi Woods Elementary School
Novi Community School District
Public School - Grades K-5 (502)
10 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Novi, MI Rentals by Map
See the most popular apartments and homes in Novi, MI
Frequently Asked Questions about Novi
What type of rentals are currently available in Novi?
There are currently 112 Apartments for Rent in Novi, MI with pricing that ranges from $886 to $5,526. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Novi ranging from $1,650 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 $1,650 to $13,300 with an average monthly rent of $3,816.
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 $5,526, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,820 to $4,850. Four Bedroom Single-Family rentals are also available starting from $2,850 and Four Bedroom Apartments start at $2,851.
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
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.
The Best Detroit Area Neighborhoods for Off-Campus Housing Renters
Written by: Tim Brown
Detroit is an exciting and vibrant city with many educational and employment opportunities, and many neighborhoods to choose from while attending school.
The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown
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 and have witnessed the city and its surrounding metro area undergo a renaissance.
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.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.