Average Rent in Novi, MI
4 apartment buildings, 29 units. Daily asking prices with rent history for every building.
Avg Rent
$1,184/mo
median $1,164
market average
Cheapest
$963/mo
The Village Apartments
Properties
4
tracked daily
Units
29
available now
Novi, MI Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 4 properties in Novi, MI.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Novi, MI Rent Prices
All 4 properties ranked by lowest available rent.
The Village Apartments
30900 Tamarack St, Wixom, MI 48393, USA
Westgate VI Apartments
45265 Gateway Rd, Novi, MI 48377, USA
Green Hill Apartments
22225 Green Hill Rd, Farmington Hills, MI 48335, USA
Edge at Novi Apartments
42101 Fountain Park Dr N, Novi, MI 48375, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | The Village Apartments 30900 Tamarack St, Wixom, MI 48393, USA | $963 | $1,092 | $1.74/ft² | 4.2 (1323) | 21 |
| 2 | Westgate VI Apartments 45265 Gateway Rd, Novi, MI 48377, USA | $1,115 | $1,175 | $1.40/ft² | 3.9 (72) | 2 |
| 3 | Green Hill Apartments 22225 Green Hill Rd, Farmington Hills, MI 48335, USA | $1,215 | $1,485 | $1.27/ft² | 3.7 (306) | 4 |
| 4 | Edge at Novi Apartments 42101 Fountain Park Dr N, Novi, MI 48375, USA | $1,549 | $1,562 | $1.85/ft² | 4 (165) | 2 |
Rent & Price History by Building
The Village Apartments
4.2 (1323)30900 Tamarack St, Wixom, MI 48393, USA
Westgate VI Apartments
3.9 (72)45265 Gateway Rd, Novi, MI 48377, USA
Green Hill Apartments
3.7 (306)22225 Green Hill Rd, Farmington Hills, MI 48335, USA
Edge at Novi Apartments
4 (165)42101 Fountain Park Dr N, Novi, MI 48375, USA
By Area
Novi, MI neighborhoods
Tracked buildings across 4 named neighborhoods. Pick one to see its apartments.
Novi, MI Average Rent Prices 2026
The average rent in Novi, MI is $1,184 per month, based on 29 units across 4 apartment communities. Prices range from $963 at The Village Apartments to $1,890 at Green Hill Apartments.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| 1 Bed | $1,076/mo | $963/mo | 15 |
| 2 Bed | $1,301/mo | $1,144/mo | 14 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Novi, MI, and what they pay
Tracked one-bedroom rent in Novi, MI averages $1,076/mo, with two-bedroom units averaging $1,301/mo. At the local median household income of $110,938, that works out to 13% of gross income, well within the 25 percent comfortable-rent threshold.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Novi, MI at $1,696/mo. The current tracked market average runs 30% below that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Novi, MI while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Novi, MI?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$47,000/year
Based on the 30 percent rule, using our tracked average rent of $1,184/mo.
Comfortable income
$57,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($963/mo), you need to earn at least $39,000/year.
Median household income in Novi, MI is $110,938 , about 95% above the comfortable-living threshold.
Cost of living in Novi, MI
Overall prices in Novi, MI runs below the national average by about 2% (BEA Regional Price Parity index 98.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Novi, MI's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,184 |
| Utilities | $400 |
| Groceries | $529 |
| Transportation | $954 |
| Healthcare | $466 |
| Other goods and services | $745 |
| Estimated total | $4,278/mo |
Population
66,224
Median household income
$110,938
Census median rent
$1,696/mo
Census rent burden
25.2%
Median age
39.9
Mean commute
26 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Michigan
How Novi, MI rent compares to other markets in the state.
| City | Avg Rent | vs Novi, MI | 30-Day Change | Properties |
|---|---|---|---|---|
| Detroit, MI | $1,875 | +58% | +5.1% | 27 |
| Ann Arbor, MI | $1,909 | +61% | -4.1% | 17 |
| Lansing, MI | $1,244 | +5% | -2.1% | 16 |
| Auburn Hills, MI | $1,819 | +54% | -4.7% | 15 |
| Livonia, MI | $1,355 | +14% | +4.1% | 12 |
| Sterling Heights, MI | $1,408 | +19% | +7.2% | 12 |
Frequently asked questions
What is the average rent in Novi, MI?
The average rent in Novi, MI is $1,184 per month, based on 29 units across 4 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the median rent in Novi, MI?
The median asking rent in Novi, MI is $1,164 per month, computed from 29 live listed units and refreshed daily. The average is $1,184/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in Novi, MI?
The lowest available rent in Novi, MI starts at $963 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Novi, MI?
1-bedroom apartments in Novi, MI average $1,076/mo. The lowest listed 1-bedroom starts at $963/mo across 15 units tracked.
How much is a 2-bedroom apartment in Novi, MI?
2-bedroom apartments in Novi, MI average $1,301/mo. Units start from $1,144/mo across 14 units currently listed.
Rent Trends in Novi, MI
Track how apartment prices are changing over time.
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