Gilbert (City), Arizona - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily in Gilbert (City), Arizona in February 2026 was $2,049.27. The month over month percentage change (MoM) was -0.11%, and the year over year percentage change (YoY) was 0.08%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Gilbert (City), AZ. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Gilbert (City), AZ.

You can see similar information for other Arizona cities.

Note: Zillow Observed Rent Index (ZORI) is a smoothed measure of the typical observed market rate rent across a given region. ZORI is a repeat-rent index that is weighted to the rental housing stock to ensure representativeness across the entire market, not just homes currently listed for-rent.

Data Source: Zillow.
Gilbert (City), AZ - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Gilbert (City), AZ - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1135.8856510049472 NaN NaN
Feb 2015 1141.33366136406 0.48 NaN
Mar 2015 1144.1941358190013 0.25 NaN
Apr 2015 1156.9591323946856 1.12 NaN
May 2015 1166.1378646968744 0.79 NaN
Jun 2015 1169.652150406677 0.30 NaN
Jul 2015 1170.0321064267769 0.03 NaN
Aug 2015 1171.5446134079225 0.13 NaN
Sep 2015 1180.148445826079 0.73 NaN
Oct 2015 1184.3536509321214 0.36 NaN
Nov 2015 1191.5748890903742 0.61 NaN
Dec 2015 1192.3167995057518 0.06 NaN
Jan 2016 1195.8662006837847 0.30 5.28
Feb 2016 1196.1426213441762 0.02 4.80
Mar 2016 1200.8314514596925 0.39 4.95
Apr 2016 1202.0363472334534 0.10 3.90
May 2016 1205.0587021504846 0.25 3.34
Jun 2016 1209.4989095632961 0.37 3.41
Jul 2016 1216.456628815392 0.57 3.97
Aug 2016 1224.019488179259 0.62 4.48
Sep 2016 1224.8698778478556 0.07 3.79
Oct 2016 1227.5056102798676 0.22 3.64
Nov 2016 1229.0248090844755 0.12 3.14
Dec 2016 1239.1085871689977 0.82 3.92
Jan 2017 1251.1105845116624 0.97 4.62
Feb 2017 1256.4192161875148 0.42 5.04
Mar 2017 1257.190716701376 0.06 4.69
Apr 2017 1255.393714709078 -0.14 4.44
May 2017 1258.8139207737747 0.27 4.46
Jun 2017 1265.9810469131858 0.57 4.67
Jul 2017 1271.3305912201713 0.42 4.51
Aug 2017 1276.4444918982745 0.40 4.28
Sep 2017 1281.1571644130208 0.37 4.60
Oct 2017 1284.3161455918673 0.25 4.63
Nov 2017 1296.0771669284316 0.92 5.46
Dec 2017 1302.5597096450322 0.50 5.12
Jan 2018 1311.0333426858228 0.65 4.79
Feb 2018 1316.0354757174296 0.38 4.75
Mar 2018 1321.4016811053693 0.41 5.11
Apr 2018 1328.4718018754722 0.54 5.82
May 2018 1334.4121172756375 0.45 6.01
Jun 2018 1343.7138290907055 0.70 6.14
Jul 2018 1349.6808123908502 0.44 6.16
Aug 2018 1354.4807777338551 0.36 6.11
Sep 2018 1361.1787390192028 0.50 6.25
Oct 2018 1376.1851823961297 1.10 7.15
Nov 2018 1388.3614386263196 0.89 7.12
Dec 2018 1390.7773235883571 0.17 6.77
Jan 2019 1392.0570842066597 0.09 6.18
Feb 2019 1400.847582924039 0.63 6.45
Mar 2019 1412.7253683719507 0.85 6.91
Apr 2019 1425.4320703383598 0.90 7.30
May 2019 1436.4889035322396 0.78 7.65
Jun 2019 1443.1749082602603 0.47 7.40
Jul 2019 1453.49093411628 0.72 7.69
Aug 2019 1465.1443557882574 0.80 8.17
Sep 2019 1477.2962430327163 0.83 8.53
Oct 2019 1483.8613521240004 0.44 7.82
Nov 2019 1488.933143854893 0.34 7.24
Dec 2019 1503.584440751768 0.98 8.11
Jan 2020 1518.217336528289 0.97 9.06
Feb 2020 1530.9002651252501 0.84 9.28
Mar 2020 1525.513362752587 -0.35 7.98
Apr 2020 1526.7556167452594 0.08 7.11
May 2020 1522.1238108853897 -0.30 5.96
Jun 2020 1530.518292289574 0.55 6.05
Jul 2020 1541.0328184977786 0.69 6.02
Aug 2020 1567.200738113395 1.70 6.97
Sep 2020 1585.4675413981638 1.17 7.32
Oct 2020 1613.3580672972762 1.76 8.73
Nov 2020 1634.0020916965036 1.28 9.74
Dec 2020 1656.032835125326 1.35 10.14
Jan 2021 1674.5901927426387 1.12 10.30
Feb 2021 1697.6341016842946 1.38 10.89
Mar 2021 1719.6833294323085 1.30 12.73
Apr 2021 1746.4621554632486 1.56 14.39
May 2021 1787.330946516495 2.34 17.42
Jun 2021 1829.6340122271795 2.37 19.54
Jul 2021 1872.2473486440076 2.33 21.49
Aug 2021 1904.218989284017 1.71 21.50
Sep 2021 1939.3872831337014 1.85 22.32
Oct 2021 1958.5980326292927 0.99 21.40
Nov 2021 1975.437766290152 0.86 20.90
Dec 2021 1979.706267685351 0.22 19.55
Jan 2022 1992.970140709662 0.67 19.01
Feb 2022 2007.1722311007425 0.71 18.23
Mar 2022 2022.6096836561794 0.77 17.61
Apr 2022 2038.1841925503948 0.77 16.70
May 2022 2042.9359664148676 0.23 14.30
Jun 2022 2045.1942845072813 0.11 11.78
Jul 2022 2039.417297601778 -0.28 8.93
Aug 2022 2031.8844238213433 -0.37 6.70
Sep 2022 2025.5056944351181 -0.31 4.44
Oct 2022 2025.2562671901749 -0.01 3.40
Nov 2022 2029.403299320121 0.21 2.73
Dec 2022 2033.9766254274264 0.23 2.74
Jan 2023 2041.525894892954 0.37 2.44
Feb 2023 2045.2255881739086 0.18 1.90
Mar 2023 2053.1937829772305 0.39 1.51
Apr 2023 2044.816879774411 -0.41 0.33
May 2023 2040.1824924579132 -0.23 -0.13
Jun 2023 2034.050836179708 -0.30 -0.55
Jul 2023 2039.2054282974357 0.25 -0.01
Aug 2023 2041.6203065137868 0.12 0.48
Sep 2023 2041.5259967226061 0.00 0.79
Oct 2023 2039.0697964660294 -0.12 0.68
Nov 2023 2037.4997681829848 -0.08 0.40
Dec 2023 2043.8612713583009 0.31 0.49
Jan 2024 2044.8395150674485 0.05 0.16
Feb 2024 2045.4574564673442 0.03 0.01
Mar 2024 2040.2688376623921 -0.25 -0.63
Apr 2024 2046.5091075102507 0.31 0.08
May 2024 2050.061939175847 0.17 0.48
Jun 2024 2056.6249366811026 0.32 1.11
Jul 2024 2057.395747380676 0.04 0.89
Aug 2024 2061.263998910332 0.19 0.96
Sep 2024 2060.370308662315 -0.04 0.92
Oct 2024 2051.5160006004626 -0.43 0.61
Nov 2024 2048.2896459015756 -0.16 0.53
Dec 2024 2044.6717026524307 -0.18 0.04
Jan 2025 2045.1148289917971 0.02 0.01
Feb 2025 2047.5545024267367 0.12 0.10
Mar 2025 2047.0115297439452 -0.03 0.33
Apr 2025 2045.0842377472375 -0.09 -0.07
May 2025 2044.7983904089474 -0.01 -0.26
Jun 2025 2043.2307765153528 -0.08 -0.65
Jul 2025 2041.9741881068774 -0.06 -0.75
Aug 2025 2040.1398794236634 -0.09 -1.02
Sep 2025 2042.4143197303708 0.11 -0.87
Oct 2025 2050.812738102618 0.41 -0.03
Nov 2025 2053.689241889243 0.14 0.26
Dec 2025 2053.2938594699367 -0.02 0.42
Jan 2026 2051.554022210512 -0.08 0.32
Feb 2026 2049.2699139543583 -0.11 0.08