
Cheap Homes for Rent in Novi, MI from $1,500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Novi.


1512 Dover Hill S

22100 Edgewater

3105 Addington Dr

18205 University Park Dr

23608 N Rockledge

19293 Surrey Ln

30732 Ardmore Ct
Check Out Detroit’s Best Affordable Neighborhoods
Learn about Detroit and the best places to live with original content written by our Detroit, MI Local Expert Tim Brown
Novi, MI Local Guide

How much does it cost to rent a home in Novi?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Novi 2 Bedroom Homes for Rent | $2,087 | $1,500 | $3,000 |
Novi 3 Bedroom Homes for Rent | $2,669 | $2,100 | $3,200 |
Novi 4 Bedroom Homes for Rent | $3,316 | $1,950 | $6,000 |
Browse Top Homes for Rent in Novi
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Novi, MI Local Guide
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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 Island Lake of Novi neighborhood priced from $896. Independence Green in the Farmington Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $941. Here is today’s list of the most affordable Novi apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Village Apartments | Primrose | 1BR,1BA | $896 |
Independence Green | Washington - Premium | 1BR,1BA | $941 |
Waterview Farms Apartments | 1x1 693sf | 1BR,1BA | $965 |
Best Value Apartments for Rent in Novi, MI
As of March 22, 2025 the best value apartment in the Novi area is the $1.41 price per square foot 3 BR 2.5 BATH EXTERIOR Model at Foxpointe Townhomes in the in the Farmington Road neighborhood starting from $2,259. The second greatest value Novi apartment is the The Union Model at 83 West starting at $1,625 with a $1.25 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Foxpointe Townhomes | 3 BR 2.5 BATH EXTERIOR | 3BR,2.5BA | $1.41 |
83 West | The Union | 2BR,2BA | $1.25 |
Amberly Apartments | Orchard I | 2BR,2BA | $1.39 |
Diamond Forest Apartments | Oak | 2BR,2BA | $1.42 |
Swan Harbour Apartments | 2x2 | 2BR,2BA | $1.27 |
Pavilion Court Apartment Homes | Two Bedroom 2 Bath - 1,140 sqft | 2BR,2BA | $1.20 |
Tree Top Meadows | 2BR/1BA | 2BR,1BA | $1.30 |
Jamestown Apartments | Riverbank - with Garage or Carport | 1BR,1BA | $1.15 |
Chatham Hills | 101 - 1 Bedroom | 1BR,1BA | $1.42 |
Waterview Farms Apartments | 1x1 693sf | 1BR,1BA | $1.39 |
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Frequently Asked Questions about Novi
What type of rentals are currently available in Novi?
There are currently 118 Apartments for Rent in Novi, MI with pricing that ranges from $859 to $3,700. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Novi ranging from $1,500 to $6,000.
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 $1,500 to $6,000 with an average monthly rent of $2,690.
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 $1,280 to $3,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $2,582.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.