Apartments in 48377

1 - 10 of 10 Results
12
$1,733 - 2,769
29850 Wexford Blvd Novi, MI
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
17
$1,825 - 2,618
42330 Joyce Ln Novi, MI
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
60
3D Tour
$954 - 1,912
30995 Springlake Blvd Novi, MI
1 - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
39
$2,800
30146 Brightwood Dr Novi, MI
3 BR | Jun. 12, 2024
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House
22
$2,500
Novi, MI
2 BR | Available Now
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House
Air Conditioning
Surface Parking
Disability Access
Dishwasher
22
$931 - 1,617
30995 Springlake Blvd. Novi, MI
1 - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
11
$1,720
29850 Wexford Blvd. Novi, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Townhome
Air Conditioning
9
$1,932 - 2,177
42330 Joyce Ln Novi, MI
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
33
3D Tour
$1,157 - 2,012
31170 Wellington Drive Novi, MI
1 - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
24
$1,143 - 1,768
31170 Wellington Drive Novi, MI
1 - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
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  4. 48377

How much does it cost to rent an apartment in 48377?

48377 apartments
Bed Type Average Rent Range
1BR $1,180 $950 - $1,840
2BR $1,470 $1,150 - $1,950
3BR $2,460 $2,140 - $2,800
Find an Apartment in 48377
Looking for apartments for rent in 48377 Novi, MI? Rentable has a variety of options available in this area. Currently, there are 156 units available for rent in the 48377 zip code. The average rent in this area is $1,320, and the minimum rent for a 1-bedroom floor plan starts at $947.

48377 is a vibrant and desirable neighborhood in Novi, MI. It offers a range of amenities and is located near several points of interest. Nearby parks like Lakeshore Park and Pavilion Shore Park provide opportunities for outdoor activities and relaxation. The 48377 zip code is also conveniently situated close to shopping centers, restaurants, and entertainment options.

If you're searching for apartments near 48377, Rentable is the perfect place to start your search. With a variety of rentals available, you're sure to find the one that meets your needs and preferences. Take a look at Rentable's apartments in the 48377 area and discover your next home today.

Novi:
April Rent Report

Welcome to the April 2024 Novi Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Novi rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Novi and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Novi average rent prices in the chart below.

Monthly Rent Report

$1,750
$1,310
$880
$440
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Novi Rent Prices Increase From March to April

Novi rent prices increased over the last month. From March to April, the city experienced a 1.14% increase for the price of a one-bedroom apartment. The rent price for a Novi one-bedroom apartments currently stands at $1,246.0.

When we take a look at the two-bedroom comparison from March to April, Novi experienced a 0.19% increase for the price of a two-bedroom apartment. The rent price for a Novi two-bedroom apartments currently stands at $1,611.0.

April Prices: Novi vs. Surrounding Areas

Rent Prices in Novi and Surrounding Areas

Rent prices have increased in Novi over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Novi suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Novi suburbs

  • Rents did not decrease in any of the Novi suburbs.

April 2024 Pricing Trends: Novi vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Novi Rent Prices More Affordable Than Major Cities

Rent growth in Novi over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Novi average rent prices appear to be relatively affordable for local residents.

The price for a Novi one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Novi and surrounding area rent prices, take a look at the complete data set below.

Data set for Novi and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.