Cheap Homes for Rent in Novi, MI from $1,000 (23 Rentals)

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

property at 1497 Harbor Dr

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 1 Bath Condo for Rent

Available Now

1497 Harbor Dr, Unit 140

1497 Harbor Dr
Walled LakeMI48390
property at 280 Hutton St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 1 Bath Condo for Rent

Available Now

280 Hutton St

NorthvilleMI48167

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.

property at 31164 Country Way

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

31164 Country Way, Unit 31164 Country

31164 Country Way
Farmington HillsMI48331
property at 19536 Northridge Dr

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 2 Bath Condo for Rent

Available Now

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.

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.

property at 38887 Country Cir

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 2 Bath Condo for Rent

Available Now

38887 Country Cir

Farmington HillsMI48331

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 The Village Apartments in the Liberty Park neighborhood priced from $885. Independence Green in the Farmington Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $960. Here is today’s list of the most affordable Novi apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Village ApartmentsPrimrose1BR,1BA$885
Independence GreenWashington - Premium Plus1BR,1BA$960
Waterview Farms Apartments1x1 693sf1BR,1BA$985
1630 N Pontiac Trl1 BD / 1 BA1BR,1BA$1,000
The Springs Apartment HomesVerbena1BR,1BA$1,044

Best Value Apartments for Rent in Novi, MI

As of July 08, 2026 the best value apartment in the Novi area is the $1.48 price per square foot The Barrington Deluxe Model at Trillium Village of Novi in the in the Route 102 neighborhood starting from $2,900. The second greatest value Novi apartment is the The Berkley (2BR / 2.5BA) Model at Foxpointe Townhomes starting at $2,063 with a $1.42 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.
Trillium Village of NoviThe Barrington Deluxe3BR,2.5BA$1.48
Foxpointe TownhomesThe Berkley (2BR / 2.5BA)2BR,2.5BA$1.42
83 WestThe Union2BR,2BA$1.25
Pavilion Court Apartment HomesTwo Bedroom 2 Bath - 1,190 sqft2BR,2BA$1.29
The Ascent at Farmington HillsMaple2BR,2BA$1.50
The Crossing At Eagle PondSuperior2BR,2BA$1.50
Spring ValleyMarquette2BR,2BA$1.42
Jamestown ApartmentsRiverbank - with Garage or Carport1BR,1BA$1.17
Windemere ApartmentsBluebell1BR,1BA$1.50
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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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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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 109 Apartments for Rent in Novi, MI with pricing that ranges from $885 to $7,783. There are also 61 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 $2,562.

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 $7,783, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,820 to $4,150. Four Bedroom Single-Family rentals are also available starting from $2,850 and Four Bedroom Apartments start at $2,763.

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

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

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.

decorative image for The Best Detroit Area Neighborhoods for Off-Campus Housing Renters article

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.

decorative image for The Detroit Insiders Renting Guide: A Locals Look Under the Hood of Motown article

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.

decorative image for Relocate to Detroit: Top Neighborhoods and Apartment Options Near Major Area Employers article

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.