Detroit Multifamily Market Report – August 2025

Market Overview

‍The multifamily market in Detroit remains resilient as we move through Q3 2025. Average advertised asking rent rose 2.9 % year-over-year and occupancy in stabilized assets stood at 94.8 percent, both exceeding national norms. Deliveries have been relatively muted so far, with around 1,200 units added and approximately 3,100 units under construction, supporting an improved supply-demand balance. Meanwhile investor activity remains soft, with transaction volume just $41 million in the first half of the year.

‍About Yardi Matrix

‍Yardi Matrix is a research-driven data and analytics firm specializing in multifamily housing markets. Their Detroit market report provides metro-level insight into rent trends, occupancy, supply pipelines and investment activity, equipping owners, developers and investors with actionable intelligence for timing and strategy. To read the full report, click here.