March 24, 2026
Matrix Multifamily Detroit Report-March 2026
Detroit gains across key metrics
Detroit began 2026 on a positive note, with advertised asking rents up 0.1 percent on a T3 basis, even as the national rent growth was negative. The YoY divide was even more pronounced. The U.S. average was up 0.2 percent, while the metro’s 1.8 percent climb placed it just behind Chicago, New York City, the Twin Cities, Kansas City and San Francisco and well ahead of most major metros.
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