December 17, 2025

Matrix Multifamily Detroit Report-December 2025

Detroit shows staying power

Detroit’s advertised asking rents were flat on a T3 basis through October, while the U.S. average edged down 0.2 percent. YoY growth hit 1.9 percent, topping most major metros and more than triple the national rate. Developers added more than 1,500 units, with 3,700 more underway.

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