Market Snapshot | Detroit Q2 2025

Market Overview

In Q2 2025, Detroit’s multifamily market remained on stable footing, supported by improving demographics and strong renter demand. Over the past year, 2,500 units were absorbed compared to 1,800 units delivered, indicating sustained momentum despite a recent supply imbalance. Annual rent growth reached 2.4 percent—ranking 10th among the 50 largest U.S. markets—and Detroit continues to exceed national performance on this front.

About MMG

MMG Real Estate Advisors delivers multifamily market intelligence and capital strategy across key U.S. metros. Their reports combine data on rent, occupancy, absorption, and supply pipelines with regional insights to help investors, owners, and developers evaluate shifting market dynamics.