Downtown (trophy, ~$32/sqft/yr) is one of 5 Detroit Class A submarkets we track.

  • Downtown sits at trophy tier.
  • Average rent $32/sqft/yr vs city average 26.
  • Compared submarkets: Midtown (prime), Corktown / Michigan Central (prime), Troy (established).

Downtown vs other Detroit submarkets

Downtown (trophy, ~$32/sqft/yr) is one of 5 Detroit Class A submarkets we track.

TL;DR

  • Downtown sits at trophy tier.
  • Average rent $32/sqft/yr vs city average 26.
  • Compared submarkets: Midtown (prime), Corktown / Michigan Central (prime), Troy (established).

Side-by-side with peers

**Midtown** (prime, $28/sqft/yr) — Healthcare and university corridor. **Corktown / Michigan Central** (prime, $30/sqft/yr) — Ford's mobility innovation district. **Troy** (established, $24/sqft/yr) — Premier suburban Class A submarket. **Southfield** (established, $22/sqft/yr) — Legacy suburban Class A spine.

Key facts

cityDetroit
submarketDowntown
tiertrophy
averageRentLocal$32/sqft/yr
cityClassARentUsd$26/sqft/yr
cityVacancyPct22.6%

Frequently asked questions

What other submarkets compete with Downtown in Detroit?
Midtown, Corktown / Michigan Central, Troy

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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