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Frequently Asked Questions
When were prices and availability in Novi, MI last updated?
Prices and availability in Novi, MI were last updated on 5 Jul 2022.
What are the best apartments in Novi, MI?
What is the average rent in Novi, MI?
The average rent in Novi, MI is $1,487. Start your search for apartments in Novi, MI now.
What is the price range for a 1-bedroom apartment in Novi, MI?
The price range for a 1-bedroom apartment in Novi, MI is between $1,080 and $3,995. Browse all available 1-bedroom apartments in Novi, MI now.
What is the price range for a 2-bedroom apartment in Novi, MI?
The price range for a 2-bedroom apartment in Novi, MI is between $1,215 and $4,795. Browse and find a 2-bedroom apartment in Novi, MI.
What is the price range for a 3-bedroom apartment in Novi, MI?
The price range for a 3-bedroom apartment in Novi, MI is between $1,425 and $5,895. Browse all available 3-bedroom apartments in Novi, MI.
Novi, MI Demographics
- Total Population60,439
Female 29,500Male 30,939
- Median Age39.2
Novi, MI has a population of 60,439 according to the most recent data from the U.S. Census Bureau. 30,939 of Novi’s residents are women and 29,500 are men. The median age of those who live in Novi, MI is 39.2.
Average Rent in Novi, MI
- Novi, MI Average Rental Price, June 2022 $1,487 /mo
The average monthly rent of apartments in Novi, MI is $1,487.
Novi, MI Apartment Rent Ranges
About 36% of apartment rents in Novi, MI range between $1,501-$2,000. Meanwhile, apartments priced over > $2,000 represent 9% of apartments. Around 45% of Novi’s apartments are in the $1,001-$1,500 price range. 10% of apartments are priced between $701-$1,000.
Novi, MI Rent Trends
|Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Jul / 2021||Nov / 2021||Jun / 2022|
Compared to the national average rent of $1,628, the average rent in Novi, MI is $1,487.
Novi, MI Households
- Total Number of Households24,130
Family 15,772Non-family 8,358
Children 8,377No Children 15,753
- Average People Per Household2.49
- Median Household Income$93,943
- Median Housing Costs Per Month$1,441
According to U.S. Census data, there are 24,130 households in Novi, MI. 15,772 are family households and 8,358 are non-family households. There are 8,377 households with children in Novi and 15,753 households without children. On average, about 2.49 people live in a household in Novi, MI. The median income of a Novi household living in Novi is $93,943 per year. The median housing costs per month are $1,441.
Novi, MI Education Statistics
The level of education of the population of Novi, MI is as follows: 1% have no high school education, 17% completed some high school, 21% partially completed college, 8% have an Associate Degree, 29% have a Bachelor Degree, and 24% have a Graduate Degree.
RentCafe is your one-stop shop for finding a great new apartment in Novi, MI. Easily search through a wide selection of apartments for rent in Novi, MI, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Novi, MI apartments with rents starting from $915 and submit your rental application today!