Rent by ZIP · Oakland County
Rent in Novi, MI 48374
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,190 (+3.3% vs FY2026). Renters in this ZIP code pay a median $2,548 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,570 | $1,520 | +3.3% | $1,413–1,727 | – |
| 1 bedroom | $1,750 | $1,690 | +3.6% | $1,575–1,925 | – |
| 2 bedrooms | $2,190 | $2,120 | +3.3% | $1,971–2,409 | $2,427 ±$907 |
| 3 bedrooms | $2,670 | $2,590 | +3.1% | $2,403–2,937 | $1,980 ±$1,239 |
| 4 bedrooms | $2,900 | $2,810 | +3.2% | $2,610–3,190 | $3,297 ±$701 |
Small Area FMRs for the Detroit-Warren-Livonia, MI HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Detroit-Warren-Livonia, MI HUD Metro FMR Area, 2 bedrooms: $1,459.
What renters pay in 48374
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 48375 | Novi | $2,190 | $1,839 |
| 48371 | Oxford | $1,530 | $1,273 |
| 48377 | Novi | $1,630 | $1,622 |
| 48370 | Oxford | $1,450 | – |
| 48380 | Milford | $1,700 | – |
| 48367 | Leonard | $1,370 | $875 |
Fair Market Rents across Oakland County, MI · All MI counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.