Novi Homes for Rent
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Our new rental is so great. It affords us the room we need at the price we can afford. We have never been so happy with our living arrangement! - Novi,MI
Novi Homes for Rent
There are many excellent houses for rent in Novi that you can currently come across using MyNewPlace's home rental search. Whether you are looking for a townhome, condo, or single family house, you can find the exact right home to rent in the most convenient parts of Novi.
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Novi Market Trends
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Household Income
Household Income City State City Compared to State Less than $10,000 1.7% 8.3% -6.6% $10,000 to $14,999 2.1% 5.8% -3.7% $15,000 to $19,999 2.5% 6.0% -3.5% $20,000 to $24,999 3.3% 6.4% -3.1% $25,000 to $29,999 4.3% 6.2% -1.9% $30,000 to $34,999 4.7% 6.2% -1.5% $35,000 to $39,999 4.6% 5.8% -1.2% $40,000 to $44,999 4.1% 5.7% -1.6% $45,000 to $49,999 4.4% 5.0% -0.6% $50,000 to $59,999 8.5% 9.3% -0.8% $60,000 to $74,999 11.9% 11.2% +0.7% $75,000 to $99,999 15.7% 11.4% +4.3% $100,000 to $124,999 10.9% 5.9% +5.0% $125,000 to $149,999 7.0% 2.7% +4.3% $150,000 to $199,999 7.2% 2.1% +5.1% $200,000 or more 7.0% 2.0% +5.0% -
Cost of Living
Share of Household Income Spent on Rent City State City Compared to State Less than 10.0% 6.6% 7.5% -0.9% 10.0% to 14.9% 16.2% 13.4% +2.8% 15.0% to 19.9% 21.1% 14.9% +6.2% 20.0% to 24.9% 16.8% 12.4% +4.4% 25.0% to 29.9% 11.7% 10.0% +1.7% 30.0% to 34.9% 5.2% 6.8% -1.6% 35.0% to 39.9% 4.2% 4.7% -0.5% 40.0% to 49.9% 4.4% 6.3% -1.9% 50.0% or more 11.0% 17.4% -6.4% Not computed 2.8% 6.7% -3.9% -
Age Demographic of Renters
Age Demographic of Renters City State City Compared to State 15 to 24 years 12.1% 14.7% -2.6% 25 to 34 years 38.9% 28.1% +10.8% 35 to 44 years 21.9% 21.0% +0.9% 45 to 54 years 13.4% 14.0% -0.6% 55 to 64 years 5.4% 7.3% -1.9% 65 to 74 years 3.1% 5.9% -2.8% 75 to 84 years 3.5% 6.0% -2.5% 85 years and over 1.7% 2.9% -1.2% -
Travel Time to Work
Travel Time to Work City State City Compared to State Less than 30 minutes 31.0% 39.2% -8.2% 30 to 44 minutes 34.1% 25.2% +8.9% 45 to 59 minutes 21.2% 13.3% +7.9% 60 or more minutes 13.8% 22.3% -8.5%
Source: 2000 Census
Average Price to Lease a Home Property in Novi, Michigan
| # Bedrooms | Jan | Dec | Nov | 3 Month % change |
|---|---|---|---|---|
| 1 Bed | N/A | N/A | N/A | 0% |
| 2 Bed | N/A | N/A | N/A | 0% |
| 3 Bed | N/A | N/A | N/A | 0% |
| 4 Bed | N/A | N/A | N/A | 0% |
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Houses for Rent in Cities Near Novi, MI
MyNewPlace can help you find the Novi, MI home rental that will work best for you. Using our rental home search, you can view townhomes or condos for rent if you want to live downtown, or check out the rental listings for single family house rentals in the surrounding areas. Try one of these cities below for more rental houses near Novi, MI.