Markets › Detroit
Yearly benchmarkMoves monthlyMoves weeklyNews daily
Detroit MI
Covers Detroit, Warren and Dearborn.
Current market read
Landlord’s market
ConditionFirm
The yearly data reads a landlord's market, and the recent monthly signals are holding steady.
From public data. The situation now, not a forecast.
Renter Google searchabout 8,100 searches in July 2026 · HousesSee read →
Renter Google Search InterestGoogle · monthly
About 8,100 searches in July 2026, for Detroit on its own
What renters Google mostHousesSee all →Attention, not a verdict. Google searches for apartments to rent.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Mixed
Pulling both ways, asking rents are climbing and job growth has cooled, as of Aug 2026.
VacancyCENSUS · 2024
Share of rentals sitting empty. Yearly Census backdrop, not what sets the condition.
Asking rentZILLOW · MONTHLY
+3.4%
▲ Year over year
SEP ’24AUG ’26
Census 2024: +5.5% · US avg +5.2%
Median rentCENSUS · 2024
$1,248/mo
Typical rent, 2024 yearly count
In the news · DetroitNEWS · DAILY
Latest local coverage, yesterday.● softer● neutral● firmer
From Blueprint to Breakthrough: Tackling Affordable Housing in DetroitFall housing outlook for Metro Detroit homebuyersFormer HBCU Campus Reborn as Affordable Senior Housing in DetroitView all 8 Detroit news →Demand vs supplyCENSUS + BLS
Weak demand
DEMAND
Jobs-0.2%
Migration 2025-1.33/1k
SUPPLY
Permits 2025+42%
Vacancy 20246.4%
Rent vs buyFREDDIE MAC · WEEKLY
+$752/mo
Cheaper to rent than buying
rent $1,248 · own $2,000
$1,248RENT
$2,000OWN
Net migrationCENSUS · 2025
−1.33/1k
▼ Net outflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.