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Detroit’s Mixed PerformanceRent growth in Detroit decreased to 0.3 percent on a T3 basis through October, with average rates at $1,251, well below the $1,727 national average. Occupancy remained elevated, at 96.2 percent, as deliveries were on par with prior annual averages.
Rent growth in Detroit decreased to 0.3 percent on a T3 basis through October, with average rates at $1,251, well below the $1,727 national average. Occupancy remained elevated, at 96.2 percent, as deliveries were on par with prior annual averages.
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