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Novi, MI Homes for Rent

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  • /117

    Starting at $1,973 Per Month

    • 1 - 3 Beds

    39500 Champion Cir, Novi, MI 48377

    This property is managed by Beztak, 2026 recipient of the US Best Managed Companies for the seventh year in a row, sponsored by Deloitte Private and The Wall Street Journal. Call and let us tell you why! NOW OPEN: Welcome to Innova, a community created to simplify life's challenges and amplify life's pleasures. Our impeccable finishes, smart technology, and beautiful modern design offer airy

    Innova

    39500 Champion Cir, Novi, MI 48377
  • /68

    $4,900 Per Month

    • 4 Beds
    • 3.5 Baths
    • 5,558 Sq Ft
    • House for Rent

    50738 Calvert Isle Dr Unit 125, Novi, MI 48374

    This is a newer built, executive-style home in the Island Lakes Community that is available for immediate occupancy for a long-term lease. They will leave the mounted television along with the furniture that is currently in the home. The home is deep within the subdivision and has the "sunroom" addition, a beautiful paver patio and walkways, a wonderfully landscaped lot and a primary suite that

    Agent Photo

    James Wolfe

    Century 21 Curran & Oberski

    50738 Calvert Isle Dr Unit 125, Novi, MI 48374
  • /42

    Starting at $1,437 Per Month

    • 1 - 2 Beds

    43398 Citation, Novi, MI 48375

    This property is managed by Beztak, 2026 recipient of the US Best Managed Companies for the seventh year in a row, sponsored by Deloitte Private and The Wall Street Journal. Call and let us tell you why! Walk the park-like setting of Saddle Creek Apartments in Novi, Michigan, and you'll be stunned to see the amount of features and amenities available within our upscale luxury apartment community.

    Saddle Creek Apartments

    43398 Citation, Novi, MI 48375
  • /29

    Starting at $1,549 Per Month

    • 1 - 2 Beds

    42101 Fountain Park Dr E, Novi, MI 48375

    Experience Life at The Edge of Novi. Find the best value rental community in Novi! With an unbeatable location in the excellent Novi school district and only minutes away from major shopping districts, international markets, and large business, Edge at Novi has it all. Amenities include in-home washer & dryer, fully renovated apartment interiors, private-entryways, central heat & air, private

    Edge at Novi - Novi, MI

    42101 Fountain Park Dr E, Novi, MI 48375
  • /58

    Starting at $1,669 Per Month

    • 1 - 3 Beds

    43355 Cliffside Ct, Novi, MI 48375

    STOP BY TODAY TO VIEW OUR NEWLY RENOVATED UNITS! Features include:• Modern Cabinets • Stainless Steel Under Mount Sinks• Soft-closing cabinets and drawers •Led lights on bottom and top of cabinets Metro Detroit's most elegant furnished and unfurnished apartment homes and townhomes. River Oaks West Novi the most luxurious apartment homes with attached garages. Completely appointed 1, 2 and 3

    River Oaks West

    43355 Cliffside Ct, Novi, MI 48375
  • /47

    Starting at $1,899 Per Month

    • 1 - 3 Beds

    47305 Central Park Blvd, Novi, MI 48374

    This property is managed by Beztak, 2026 recipient of the US Best Managed Companies for the seventh year in a row, sponsored by Deloitte Private and The Wall Street Journal. Turn into the drive at Central Park estates and you'll never want to leave. Discover an extraordinary community of elegant apartment homes nestled among lush wooded wetlands and rippling ponds, a place where coming home feels

    Central Park Estates

    47305 Central Park Blvd, Novi, MI 48374
  • /44

    Starting at $1,349 Per Month

    • 1 - 2 Beds

    20969 Woodland Glen Dr, Northville, MI 48167

    Glens of Northville Apartments offer the perfect blend of graceful country living and city convenience. Situated in a serene and picturesque setting, this community is an ideal place to call home. Our smoke-free community offers spacious 1- and 2- bedroom apartment homes that include fully equipped kitchens, washer and dryer, private patio/balcony, and vaulted ceilings in select homes. Whether

    Glens of Northville Apartments

    20969 Woodland Glen Dr, Northville, MI 48167
  • /62

    Starting at $1,414 Per Month

    • 2 Beds

    23640 Chipmunk Trail, Novi, MI 48375

    Welcome home to Novi Ridge Apartments & Townhomes! Our floor plans consist of modern finishes and spacious 1 & 2-Bedroom Apartments or 1, 2, & 3-Bedroom Townhomes with Private Entry & Basement. Our community features a picturesque setting with tree-lined streets, and beautifully landscaped grounds. From our great community amenities to our monthly resident events, there’s something here for

    Novi Ridge

    23640 Chipmunk Trail, Novi, MI 48375
  • /76

    Starting at $1,499 Per Month

    • 1 - 2 Beds

    22123 Solomon Blvd, Novi, MI 48375

    The Heights offers 1- and 2-bedroom upscale apartments in the heart of Novi. This desirable 100% smoke free community is minutes from the outstanding shopping, entertainment and medical facilities along the Haggerty Road corridor with direct access to I-275. The boulevard entrance opens to beautifully landscaped grounds and a picturesque pond and picnic area. The impressive clubhouse includes a

    Heights of Novi Apartments

    22123 Solomon Blvd, Novi, MI 48375
  • /132

    Starting at $2,049 Per Month

    • 1 - 4 Beds

    25300 Constitution, Novi, MI 48375

    Welcome to Mainstreet Village and experience the finest in apartments in Novi, MI. Imagine coming home to the welcoming embrace of meticulously landscaped grounds, sophisticated design, and superior amenities intended to make your life easier and more enjoyable.Residents of Mainstreet Village have access to an extensive selection of one, two, three, and four-bedroom apartment homes and townhomes,

    Mainstreet Village

    25300 Constitution, Novi, MI 48375
  • /76

    Starting at $1,735 Per Month

    • 1 - 2 Beds

    39365 Village Green Blvd, Farmington Hills, MI 48331

    Village Club of Farmington Hills Apartments offers spacious apartment homes in a peaceful, tree-lined setting just minutes from shopping, dining, and major highways. Located in desirable Farmington Hills, Michigan, this welcoming community features open-concept floor plans, large windows with natural light, and thoughtfully designed living spaces ideal for work-from-home or relaxing. Residents

    Village Club of Farmington Hills

    39365 Village Green Blvd, Farmington Hills, MI 48331
  • /52

    Starting at $1,219 Per Month

    • 1 - 3 Beds

    27059 Meadowood Dr, Wixom, MI 48393

    Welcome to Meadowood Park of Wixom. Our spacious 1, 2, & 3-Bedroom Apartments feature new renovations (select homes), private entry, in-home laundry, additional storage, and much more. Our community amenities consist of a clubhouse for community resident events, a sparkling swimming pool with a sundeck for relaxation, a fully equipped fitness center for staying active, and a playground for

    Meadowood Park Apartments

    27059 Meadowood Dr, Wixom, MI 48393
  • /24

    Starting at $1,565 Per Month

    • 2 Beds

    22675 Pavilion Dr, Novi, MI 48375

    Welcome home to an extraordinary lifestyle at Pavilion Court, where your comfort is our first priority, and to that end we offer the quality you expect and the service that professional managers and staff can provide. Enjoy maintenance free living with resort style amenities: state-of-the-art fitness center, sparkling pool, and tennis court. Pavilion is located in the popular community of Novi

    Pavilion Court Apartment Homes

    22675 Pavilion Dr, Novi, MI 48375
  • /55

    Starting at $2,750 Per Month

    • 2 - 3 Beds

    42639 Hoshi Ln, Novi, MI 48375

    Our brand-new apartment community is located in the highly sought-after Novi School District, the number one school district in Michigan. Offering spacious two- and three-bedroom townhomes with attached garages, keyless entry, private patios, walk-in closets, and in-home washer and dryer, our homes are designed to complement your lifestyle. This thoughtfully planned community boasts walkable

    The Residences at Sakura Novi

    42639 Hoshi Ln, Novi, MI 48375
  • /26

    Starting at $1,135 Per Month

    • 1 - 2 Beds

    355 Beck Rd, Wixom, MI 48393

    Welcome to the luxurious Bristol Square and Golden Gate Apartments located in the heart of Wixom, Michigan. These apartments are thoughtfully designed to meet your needs and provide a comfortable living experience. With a range of newly upgraded one and two-bedroom floor plans, these apartments offer modern features and amenities suitable for every household, including pets.The community

    Bristol Square and Golden Gate Apartments

    355 Beck Rd, Wixom, MI 48393
  • /50

    Starting at $1,021 Per Month

    • 1 - 2 Beds

    30995 Springlake Blvd, Novi, MI 48377

    Some communities are built around convenience. Others are built around comfort. At The Springs Apartment Homes, you'll find both. Nestled in a peaceful setting with scenic lake views, our apartments in Novi, MI, combine inviting interiors, thoughtful amenities, and an exceptional location close to shopping, recreation, and major employers. Add a welcoming atmosphere and a dedicated management

    The Springs Apartment Homes

    30995 Springlake Blvd, Novi, MI 48377
  • /13

    Starting at $2,900 Per Month

    • 3 Beds

    22445 Trillium Dr, Novi, MI 48375

    Trillium Village apartment homes are exactly that – homes! We have thought of every detail from providing two car garages to vaulted ceilings and modern appliances, this is a place where you will feel part of the neighborhood right away. You’ll love this open air concept in your spacious three bedroom townhome. Each townhome has its own private entry and private garage. No shared spaces – no

    Trillium Village of Novi

    22445 Trillium Dr, Novi, MI 48375
  • /35

    Starting at $1,899 Per Month

    • 1 - 3 Beds

    42330 Joyce Ln, Novi, MI 48377

    Life Simplified — Close to Everything You NeedThis is your opportunity to live in one of the finest apartment communities in Novi, Michigan. Envelope yourself in the warm surroundings of stylish apartment homes, well-kept grounds, and thoughtful amenities designed to make your life easier and more enjoyable. Our Novi apartments are just minutes away from Ascension Providence Hospital Novi Campus,

    Brownstones

    42330 Joyce Ln, Novi, MI 48377
  • /35

    Starting at $1,205 Per Month

    • 1 - 2 Beds

    45265 Gateway Rd, Novi, MI 48377

    *CALL TODAY FOR YOUR PERSONAL TOUR!* Carports, Laundry Facilities, Cable TV and High Speed Internet At Westgate VI you will enjoy the quiet atmosphere of country living, minutes away from area lakes where you can enjoy boating, water skiing, and many delightful hours of fun in the sun, yet still maintain easy access to major freeways, city water, carports, fine dining, entertainment, and

    Westgate VI

    45265 Gateway Rd, Novi, MI 48377
  • /23

    $2,773 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Detroit - Novi - Orchard Hill Place

    39640 Orchard Hill Place, Novi, MI 48375

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Detroit - Novi - Orchard Hill Place

    39640 Orchard Hill Place, Novi, MI 48375
  • /35

    Starting at $1,135 Per Month

    • 1 - 2 Beds

    31100 Beachwalk Dr, Novi, MI 48377

    immediate availability!!! *TOURS AVAILABLE TODAY!!!! CALL TODAY!!!* Heat Included, newly updated kitchens. Beachwalk is located on the beautiful shores of Walled Lake in the prestigious West Bloomfield/Novi area. Beachwalk offers spacious apartments with resort style amenities such as a private beach on all sports Walled Lake, sand volleyball court, bonfire pit, clubhouse, swimming pool, and a

    Beachwalk

    31100 Beachwalk Dr, Novi, MI 48377
  • /33

    $2,069 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Detroit - Novi - Haggerty Road

    21555 Haggerty Rd, Novi, MI 48375

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Detroit - Novi - Haggerty Road

    21555 Haggerty Rd, Novi, MI 48375
  • /27

    Starting at $1,269 Per Month

    • 1 - 2 Beds

    31170 Wellington Dr, Novi, MI 48377

    There's no place like home, and there's no place like our Novi apartments for rent either. Ideally located in an idyllic suburban setting next to Walled Lake, Portsmouth Apartments is the perfect starting point for anyone looking for a new place to live.From the first moment you step on our finely manicured courtyards, you will be welcomed by the warm, friendly atmosphere our community sports.

    Portsmouth Apartments

    31170 Wellington Dr, Novi, MI 48377
  • /35

    Starting at $1,908 Per Month

    • 2 - 3 Beds

    29850 Wexford Blvd, Novi, MI 48377

    Dive into the charm of living in one of the most peaceful apartment communities in Novi, Michigan. Wexford's unique environment captures a feeling of home, offering a cozy retreat for those seeking townhomes for rent in Novi. These meticulously designed townhomes cater to every intricate detail of your desires. Wexford is located within the Walled Lake Consolidated School District, a stone's

    Wexford

    29850 Wexford Blvd, Novi, MI 48377
  • /20

    Starting at $2,680 Per Month

    • 2 - 3 Beds

    41711-42055 Grand River Ave, Novi, MI 48375

    Welcome to Huntley Manor, the epitome of luxury living in Novi on Grand River Avenue. Our community offers spacious two and three-bedroom floor plans, catering to those desiring a contemporary, stylish, and cozy living experience. Nestled within the esteemed Novi Schools district, Huntley Manor guarantees an exceptional education for your family.Enjoy the convenience of our homes equipped

    Huntley Manor

    41711-42055 Grand River Ave, Novi, MI 48375
  • /8

    Starting at $1,195 Per Month

    • 1 - 2 Beds

    41800 Manor Park Dr, Novi, MI 48375

    Novi's largest apartments are now even better...new improvements include all new floor plans with gorgeous kitchen and bath cabinets, new interior doors and trim with custom moldings, designer paint schemes, berber carpet, cherry wood flooring, and the addition of new in-unit washer and dryers. You could pay more for less, or choose a huge beautifully decorated apartment at Tree Top Meadows.

    Tree Top Meadows

    41800 Manor Park Dr, Novi, MI 48375
  • /18

    Starting at $985 Per Month

    • 1 - 2 Beds

    45685 Timberlane Ct, Novi, MI 48377

    In the growing community of Novi, Waterview Farms combines the beauty of country life with the luxuries of resort living. Enjoy playing a few sets of tennis, then relax with a dip in the pool. We are also a pet-friendly community. You'll never feel the need to get away from it all as Waterview Farms, with all its conveniences and luxuries, has it all.We accept all sources of income, as

    Waterview Farms Apartments

    45685 Timberlane Ct, Novi, MI 48377
  • /15

    Starting at $1,095 Per Month

    • 1 Bed

    947 Novi Rd, Northville, MI 48167

    The Tree Tops features a variety of unique apartments. We are currently featuring updated one bedroom apartments and very cool expanded one bedrooms with french doors to den, nestled in a wooded streamside setting. These apartments include central air, covered parking, bright updated kitchens, custom moldings and designer paint schemes, and vertical blinds.

    The Tree Tops

    947 Novi Rd, Northville, MI 48167
  • /9

    $2,345 Per Month

    • 4 Beds
    • 2 Baths
    • 1,368 Sq Ft
    • House for Rent

    44179 Grand River Ave, Novi, MI 48375

    Property Id: 2740621 Welcome to this charming 4 bed, 2 bath single-family home in Novi, MI! Built in 1941, this property boasts modern amenities such as updated kitchen, 2 full baths, dishwasher, washer/dryer, and a fenced yard. Enjoy the convenience of a garage and driveway, perfect for small dogs, cats, and large dogs. Extra garage perfect for a workshop! Walking distance to downtown.

    44179 Grand River Ave, Novi, MI 48375
  • /20

    $5,050 Per Month

    • 4 Beds
    • 3.5 Baths
    • 3,332 Sq Ft
    • Condo for Rent

    24323 Bellingham Dr, Novi, MI 48374

    Welcome to your new home in the vibrant city of Novi, MI! This charming property offers a comfortable living space in a prime location, surrounded by a variety of amenities. You'll find yourself just minutes away from fantastic restaurants and department stores, making it easy to enjoy local dining and shopping experiences. Additionally, PrimeCare of Novi is conveniently located just 12 minutes

    24323 Bellingham Dr, Novi, MI 48374
  • /19

    $3,300 Per Month

    • 4 Beds
    • 2.5 Baths
    • 1,751 Sq Ft
    • House for Rent

    488 Welch Rd, Northville, MI 48167

    Property Id: 2731521 Single family fully furnished home available for rent November through April (minimum 4 months maximum 6 months) in a quiet Northville subdivision. 4 bedrooms one currently used as office. Theater room, partially finished basement with exercise equipment and sauna. 2.5 baths. Hardwood throughout and newly remodeled kitchen. Beautiful yard includes back patio with gas

    488 Welch Rd, Northville, MI 48167
  • /16

    $1,625

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 970 Sq Ft
    • Condo for Rent

    23519 N Rockledge Unit 23519 Rockledge, Novi, MI 48375

    Quiet 2BR Novi Condo | Utilities Included, Garage, In-Unit Laundry & Newer AppliancesEnjoy peaceful living in the desirable Stonehenge community. This well-maintained 2-bedroom, 1-bath condo offers a comfortable living space in a quiet, park-like setting. With nearly all utilities included, an attached garage, in-unit laundry, and newer Whirlpool appliances, this home provides exceptional

    23519 N Rockledge Unit 23519 Rockledge, Novi, MI 48375
  • /10

    $2,552 Per Month

    • 1,361 Sq Ft
    • Property for Rent

    42450 W 12 Mile Rd Unit 225, Novi, MI 48377

    Under New Ownership and Management with common area upgrades coming soon! 22,500 SF building in highly desirable location across from Twelve Oaks Mall. Move-in ready office and medical suites. Near freeway I-96, M5, I-696, and I-275. Ample parking. Signage rights available. $22.50/SF/YR, Gross + Utilities.

    Emil Cherkasov Forward Commercial Group

    42450 W 12 Mile Rd Unit 225, Novi, MI 48377
  • /39

    $2,300 Per Month

    • 2 Beds
    • 2 Baths
    • 1,272 Sq Ft
    • House for Rent

    25587 Portico Ln, Novi, MI 48375

    Welcome to this beautifully updated 2-bedroom, 2-bathroom condominium offering the perfect blend of comfort, convenience, and modern living. Freshly painted throughout and thoughtfully upgraded, this exceptional home features soaring cathedral ceilings, two private balconies, an attached 2-car tandem garage, and smart home technology. All in one of Novi's most desirable locations within the

    25587 Portico Ln, Novi, MI 48375
  • /13

    $2,900 Per Month

    • 2 Beds
    • 2 Baths
    • 1,522 Sq Ft
    • Condo for Rent

    40761 Lenox Park Dr Unit 17, Novi, MI 48377

    No sign! Ready to move in. Transferee perfect. Extremely well maintained Complex in prime Novi location. Quiet setting with relaxing views from the deck . Pond and field. Executive living. Bright and sunny unit with high ceilings and all stainless- newer appliancesUnfinished full basement with day light windows and high ceilings. Attached garage, California closets . Sidewalks. Snow and grass

    Bernadette Flaisch Max Broock, REALTORS®-Bloomfield Hills

    40761 Lenox Park Dr Unit 17, Novi, MI 48377
  • /18

    $2,500 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,563 Sq Ft
    • House for Rent

    23966 E Le Bost, Novi, MI 48375

    Updated Ranch in the heart Novi! Beautiful Kitchen, with granite, top of the line cabinets, custom backsplash and SS appliances. Both bathrooms have been remodeled. New light fixtures, new LVP flooring throughout all of the home except for the bedrooms, which have carpet. Huge Primary suite with a luxurious attached Primary bath with an oversized tub & separate shower, and large walk in closet.

    23966 E Le Bost, Novi, MI 48375
  • /20

    $1,399 Per Month

    • 1 Bed
    • 1 Bath
    • 720 Sq Ft
    • Condo for Rent

    1155 S Lake Dr Unit 57, Novi, MI 48377

    Gorgeous, remodeled condo in a 50 + adult community. This lease flaunts all new amenities so you can just move right in! Updated kitchen with granite tops and designer backsplash. New stainless steel appliances. Nice pantry. New luxury plank floors throughout. Sliding doorwall off the living room leads to a covered patio...here you can take in views of the lake.Large updated bath plus washer

    Diane Braykovich RE/MAX Classic

    1155 S Lake Dr Unit 57, Novi, MI 48377
  • /29

    $3,000 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,100 Sq Ft
    • House for Rent

    51344 E Bourne Terrace, Novi, MI 48374

    MOVE-IN READY! Spacious and well-maintained 3-bedroom, 2.5-bath single-family home in the desirable Knightsbridge Gate community of Novi. Offering over 2,100 sq. ft., this home features a bright open floor plan, spacious living and dining areas, a well-appointed kitchen with ample cabinetry and counter space, and abundant natural light. The primary suite includes a private bath and large walk-in

    Praseeda Gangadharan Remerica United Realty

    51344 E Bourne Terrace, Novi, MI 48374
  • /22

    $2,500 Per Month

    • 3 Beds
    • 2 Baths
    • 2,014 Sq Ft
    • House for Rent

    23260 Cranbrooke Dr, Novi, MI 48375

    Available on 08/01/2026 !! Nice home in a great sub in Novi with Novi Schools!! Sub featuring a community pool and clubhouse. Features: 3 bedrooms & 2 full baths; kitchen with breakfast bar and all appliances (Refrigerator, Gas Stove, Dishwasher, Microwave) and Washer & Dryer; formal living and dining rooms with a view of the spacious back yard, hard to find, fenced backyard, newer flooring &

    Alex Safadi Internet Real Estate, Inc

    23260 Cranbrooke Dr, Novi, MI 48375
  • /46

    $3,400 Per Month

    • 3 Beds
    • 3.5 Baths
    • 2,681 Sq Ft
    • Condo for Rent

    43479 Prospect, Novi, MI 48375

    Novi Schools, North Facing. This well-maintained two-story condo features three bedrooms, three full baths, and one half bath, along with a finished basement that adds valuable living space. A cozy fireplace creates a warm ambiance, perfect for relaxing evenings. Enjoy the durability and style of engineered wood flooring throughout the first floor. The beautiful kitchen is equipped with stylish

    Hari Kakumanu Community Choice Realty Associates, LLC

    43479 Prospect, Novi, MI 48375

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Why Live in Novi

Novi, Michigan, a northwestern suburb of Detroit, is home to nearly 67,000 residents. Known for its historical connection to the 'Novi Special' racing engine, the city features a distinctive water tower that commemorates this heritage. Novi offers a variety of things to do, including dining at unique eateries, shopping at one of Michigan’s largest malls, Twelve Oaks, and enjoying recreational activities at local parks and Walled Lake. The city is well-connected with Interstate 96 providing direct access to downtown Detroit, 29 miles away, and Detroit Metropolitan Wayne County Airport, 27 miles away. Housing styles in Novi range from Tudors and Cape Cods to condos, with neighborhoods like Mystic Forest and Island Lake offering different options. The Novi Community School District is highly rated, providing numerous extracurricular activities and advanced courses. Major employers include Ascension Providence Health Center and the school district itself. Residents benefit from low crime rates compared to the national average, and the city’s parks feature amenities such as paved trails, an amphitheater, and a sculpture garden. Seasonal events and large-scale gatherings at the Suburban Collection Showplace add to the community’s vibrant atmosphere.

Frequently Asked Questions

How much does it cost to rent a home in Novi, MI?
The median rent for a home in Novi, MI is $2,620 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Novi, MI?
To comfortably afford the median rent in Novi, MI, a household needs to earn roughly $104,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,620 per month in Novi, MI, renters typically need to show $7,860 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Novi, MI?
In Novi, MI, the price-to-rent ratio is 15.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Novi, MI are best for renting a home?
The best neighborhood for renting in Novi, MI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include West Bloomfield Township and Coventry Gardens, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
84
Median Rent
$2,620
Median Single Family Home Rent
$3,000
Median Townhouse Rent
$3,150
Median Condo Rent
$2,325
How to Rent a Home