Last updated July 17, 2026

Average Rent in Novi 48375 & Rent Trends

Rent prices and market trends across 1 apartment community in Novi 48375, Novi, MI. Updated daily.

Area All Areas

Novi 48375 48377

Wixom 48393

Beds All Bedrooms 1 Bed 2 Bed

Market Average

$1,574/mo

Lowest Available

$1,574/mo

cheapest unit on market

Communities

tracked daily

Units Listed

available now

Novi 48375 vs Novi, MI Average

Novi 48375 is more expensive the Novi, MI average by $320/mo (26%). The citywide average is $1,254/mo across all neighborhoods.

Is Rent Going Up or Down in Novi 48375?

As of July 2026, the average rent in Novi 48375 is $1,574 per month across 1 apartment community and 1 available units.

The most affordable option is Edge at Novi Apartments starting at $1,574/mo. By unit type, a 1-bedroom averages $1,574/mo.

Prices range from $1,574 to $1,574 per month. The most common price point is the $1,400 range, where 1 units are currently listed.

Rent by Bedroom Type in Novi 48375

1 Bed

$1,574

from $1,574 · 1 units

Rent Prices by Apartment in Novi 48375

Property	Starting at	Average	Units	Rating
Edge at Novi Apartments	$1,574/mo	$1,574/mo	1	4

Frequently Asked Questions About Rent in Novi 48375

What is the average rent in Novi 48375?

The average rent in Novi 48375 is $1,574 per month as of July 2026, based on 1 units across 1 apartment communities.

Is rent going up or down in Novi 48375?

The current average rent in Novi 48375 is $1,574/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Novi 48375?

The most affordable apartment in Novi 48375 is Edge at Novi Apartments with units starting at $1,574/mo.

How much is a 1-bedroom apartment in Novi 48375?

A 1-bedroom apartment in Novi 48375 averages $1,574/mo, with prices starting at $1,574/mo across 1 available units.

How many apartments are available in Novi 48375?

There are 1 units available across 1 apartment communities in Novi 48375.

What salary do I need to live comfortably in Novi 48375?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$63,000/year

Based on the 30 percent rule, using our tracked average rent of $1,574/mo.

Comfortable income

$76,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

Cost of living in Novi 48375

We only have live rent data for Novi 48375 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category	Monthly estimate	Source
Rent (market average)	$1,574	daily refresh
Estimated total	$1,574/mo	$18,888/year

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 are refreshed annually.

Michigan Rent Trends

Compare rent across all Michigan cities

Explore Novi, MI on Map

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US-wide rent comparison

See how Novi, MI rents stack up against the national median