Matrix Multifamily Detroit Report-August 2025 September 03, 2025

Detroit Continues to Deliver

Advertised asking rents in Detroit were up 0.4 percent on a T3 basis through June, double the national average. At 2.9 percent, YoY growth was ahead of most top metros and far above the 0.9 percent national average. The metro's footprint continued to expand, with 1,200 units recently delivered and an additional 28,100 under construction.