Matrix Multifamily Detroit Report-December 2025
December 17, 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.