Rent by ZIP · Oakland County
Rent in Novi, MI 48377
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,630 (+5.2% vs FY2026). Renters in this ZIP code pay a median $1,579 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,170 | $1,110 | +5.4% | $1,053–1,287 | $1,343 ±$1,182 |
| 1 bedroom | $1,300 | $1,230 | +5.7% | $1,170–1,430 | $1,311 ±$123 |
| 2 bedrooms | $1,630 | $1,550 | +5.2% | $1,467–1,793 | $1,622 ±$167 |
| 3 bedrooms | $1,980 | $1,890 | +4.8% | $1,782–2,178 | $2,489 ±$369 |
| 4 bedrooms | $2,150 | $2,050 | +4.9% | $1,935–2,365 | $1,919 ±$948 |
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 48377
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 |
| 48374 | Novi | $2,190 | $2,427 |
| 48380 | Milford | $1,700 | – |
| 48381 | Milford | $1,570 | $1,236 |
| 48382 | Commerce Township | $2,110 | $2,013 |
| 48371 | Oxford | $1,530 | $1,273 |
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.