48707 Eight Mile W
NorthvilleMI48167
Cheap Homes for Rent in Island Lake of Novi Neighborhood of Novi, MI from $2,700 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Island Lake of Novi area of Novi.
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Island Lake of Novi, Novi, MI Local Guide
How much does it cost to rent a home in Island Lake of Novi?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Island Lake of Novi 4 Bedroom Homes for Rent | $3,716 | $2,750 | $5,000 |
| Island Lake of Novi 5 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
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Island Lake of Novi, Novi, MI Local Guide
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Best Value Apartments for Rent in Island Lake of Novi, MI
As of August 28, 2025 the best value apartment in the Island Lake of Novi area is the $1.53 price per square foot The Carnegie Model at Central Park Estates in the in the Island Lake of Novi neighborhood starting from $2,240. The second greatest value Island Lake of Novi apartment is the Berkshire Premium Model at Meadowood Park of Wixom starting at $1,599 with a $1.68 price per square foot in the Island Lake of Novi neighborhood. Here is today’s list of the best values for Island Lake of Novi apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Central Park Estates | The Carnegie | 2BR,2BA | $1.53 |
| Meadowood Park of Wixom | Berkshire Premium | 2BR,2BA | $1.68 |
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Pet Friendly LifestyleIsland Lake Of Novi, Novi, MI
Ranked #2
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Island Lake Of Novi, Novi, MI
Deerfield Elementary School
Novi Community School District
Public School - Grades K-4 (466)
10 out of 10
South Lyon East High School
South Lyon Community Schools
Public School - Grades 9-12 (1174)
8 out of 10
School data provided by Great Schools
Frequently Asked Questions about Island Lake of Novi
What type of rentals are currently available in Island Lake of Novi?
There are currently 9 Apartments for Rent in Island Lake of Novi, MI with pricing that ranges from $1,199 to $2,340. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Island Lake of Novi ranging from $2,750 to $5,000.
What is the current price range for Rental Homes in Island Lake of Novi?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Island Lake of Novi ranges from $2,750 to $5,000 with an average monthly rent of $4,108.
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.
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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.