Surprise (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 Surprise (City), Arizona in February 2026 was $1,925.978. The month over month percentage change (MoM) was 0.06%, and the year over year percentage change (YoY) was 1.11%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Surprise (City), AZ. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Surprise (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.
Surprise (City), AZ - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Surprise (City), AZ - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 971.6241020953402 NaN NaN
Feb 2015 982.4786778609216 1.12 NaN
Mar 2015 981.005945062493 -0.15 NaN
Apr 2015 979.4572421393782 -0.16 NaN
May 2015 979.8793309925389 0.04 NaN
Jun 2015 992.6557369929111 1.30 NaN
Jul 2015 1001.7184482643569 0.91 NaN
Aug 2015 1002.7103021489683 0.10 NaN
Sep 2015 1008.2095089495086 0.55 NaN
Oct 2015 1014.2507557174283 0.60 NaN
Nov 2015 1023.8350208487784 0.95 NaN
Dec 2015 1022.2572721550129 -0.15 NaN
Jan 2016 1027.7107437186155 0.53 5.77
Feb 2016 1030.369146093354 0.26 4.87
Mar 2016 1043.5280011727814 1.28 6.37
Apr 2016 1050.2639166199576 0.65 7.23
May 2016 1056.331042314171 0.58 7.80
Jun 2016 1056.8566510648268 0.05 6.47
Jul 2016 1060.7454958229102 0.37 5.89
Aug 2016 1068.2370685486865 0.71 6.54
Sep 2016 1078.4593359622559 0.96 6.97
Oct 2016 1082.2953799955978 0.36 6.71
Nov 2016 1088.4675516698026 0.57 6.31
Dec 2016 1092.4323590024164 0.36 6.87
Jan 2017 1104.9573055718324 1.15 7.52
Feb 2017 1112.0337622768348 0.64 7.93
Mar 2017 1120.2717338317302 0.74 7.35
Apr 2017 1121.1308403800085 0.08 6.75
May 2017 1128.2034229756036 0.63 6.80
Jun 2017 1133.0674725289186 0.43 7.21
Jul 2017 1140.8261529547453 0.69 7.55
Aug 2017 1143.8312803253223 0.26 7.08
Sep 2017 1145.2296040734025 0.12 6.19
Oct 2017 1150.2050121137893 0.43 6.28
Nov 2017 1159.0115050757959 0.77 6.48
Dec 2017 1168.4683424290752 0.82 6.96
Jan 2018 1168.2697812825618 -0.02 5.73
Feb 2018 1169.663999343582 0.12 5.18
Mar 2018 1176.3564521291328 0.57 5.01
Apr 2018 1190.0282908828185 1.16 6.15
May 2018 1198.7434672293705 0.73 6.25
Jun 2018 1207.3172628515792 0.72 6.55
Jul 2018 1206.7823714122144 -0.04 5.78
Aug 2018 1214.9510111452344 0.68 6.22
Sep 2018 1223.2980523556857 0.69 6.82
Oct 2018 1232.5542242112751 0.76 7.16
Nov 2018 1238.3508351268595 0.47 6.85
Dec 2018 1250.2653336410651 0.96 7.00
Jan 2019 1256.1507531880052 0.47 7.52
Feb 2019 1266.8892550720625 0.86 8.31
Mar 2019 1271.8644705940942 0.39 8.12
Apr 2019 1276.8026708064833 0.39 7.29
May 2019 1282.7913971703274 0.47 7.01
Jun 2019 1291.1624265321118 0.65 6.95
Jul 2019 1304.8750306470909 1.06 8.13
Aug 2019 1313.832252022765 0.69 8.14
Sep 2019 1322.9638833520553 0.70 8.15
Oct 2019 1331.1548460492818 0.62 8.00
Nov 2019 1339.6126524147219 0.64 8.18
Dec 2019 1343.9087477353355 0.32 7.49
Jan 2020 1356.325865725677 0.92 7.98
Feb 2020 1365.717272689122 0.69 7.80
Mar 2020 1374.7450665736208 0.66 8.09
Apr 2020 1370.9734774181704 -0.27 7.38
May 2020 1377.9082568945516 0.51 7.42
Jun 2020 1387.8326494723563 0.72 7.49
Jul 2020 1409.8838244131296 1.59 8.05
Aug 2020 1434.4000413706385 1.74 9.18
Sep 2020 1465.3470140611473 2.16 10.76
Oct 2020 1497.0722375196433 2.17 12.46
Nov 2020 1527.070405559523 2.00 13.99
Dec 2020 1541.7334422668057 0.96 14.72
Jan 2021 1561.5194252881456 1.28 15.13
Feb 2021 1585.8070361783518 1.56 16.11
Mar 2021 1606.1144058206512 1.28 16.83
Apr 2021 1634.7242606760176 1.78 19.24
May 2021 1663.927541307575 1.79 20.76
Jun 2021 1709.0699083884303 2.71 23.15
Jul 2021 1729.7204879415985 1.21 22.69
Aug 2021 1757.391329263463 1.60 22.52
Sep 2021 1772.5662713915488 0.86 20.97
Oct 2021 1799.5038182221156 1.52 20.20
Nov 2021 1826.3592730250132 1.49 19.60
Dec 2021 1859.188684300507 1.80 20.59
Jan 2022 1878.574441250694 1.04 20.30
Feb 2022 1876.5362192623686 -0.11 18.33
Mar 2022 1882.578147404208 0.32 17.21
Apr 2022 1885.1084919633984 0.13 15.32
May 2022 1889.859124430681 0.25 13.58
Jun 2022 1882.2737644055112 -0.40 10.13
Jul 2022 1889.0340211696857 0.36 9.21
Aug 2022 1893.697939618664 0.25 7.76
Sep 2022 1889.669608233585 -0.21 6.61
Oct 2022 1879.158801305263 -0.56 4.43
Nov 2022 1860.261048963264 -1.01 1.86
Dec 2022 1853.0507313818503 -0.39 -0.33
Jan 2023 1850.1144066844874 -0.16 -1.51
Feb 2023 1870.1188075237085 1.08 -0.34
Mar 2023 1893.2539426081912 1.24 0.57
Apr 2023 1906.6021307614196 0.71 1.14
May 2023 1901.6461881948755 -0.26 0.62
Jun 2023 1895.3776487189618 -0.33 0.70
Jul 2023 1899.0669051782318 0.20 0.53
Aug 2023 1895.6414523090248 -0.18 0.10
Sep 2023 1896.1426716699987 0.03 0.34
Oct 2023 1896.4905438761741 0.02 0.92
Nov 2023 1904.8396520697322 0.44 2.40
Dec 2023 1905.9945533919097 0.06 2.86
Jan 2024 1905.2390726387227 -0.04 2.98
Feb 2024 1903.281392867942 -0.10 1.77
Mar 2024 1899.747259121794 -0.19 0.34
Apr 2024 1906.2228714197258 0.34 -0.02
May 2024 1914.30555227852 0.42 0.67
Jun 2024 1913.4970290322647 -0.04 0.96
Jul 2024 1910.4522618499718 -0.16 0.60
Aug 2024 1906.4612820072305 -0.21 0.57
Sep 2024 1905.452553455343 -0.05 0.49
Oct 2024 1900.9285673803122 -0.24 0.23
Nov 2024 1899.8094620734478 -0.06 -0.26
Dec 2024 1896.5888752424244 -0.17 -0.49
Jan 2025 1903.9607987923332 0.39 -0.07
Feb 2025 1904.7658607231465 0.04 0.08
Mar 2025 1898.220803002913 -0.34 -0.08
Apr 2025 1889.2884070705084 -0.47 -0.89
May 2025 1887.3253831986067 -0.10 -1.41
Jun 2025 1894.5035844390209 0.38 -0.99
Jul 2025 1896.8241153697918 0.12 -0.71
Aug 2025 1903.3768194703173 0.35 -0.16
Sep 2025 1907.856510087259 0.24 0.13
Oct 2025 1915.983871907953 0.43 0.79
Nov 2025 1919.5053905362017 0.18 1.04
Dec 2025 1925.7398985583372 0.33 1.54
Jan 2026 1924.7518461277798 -0.05 1.09
Feb 2026 1925.977558947119 0.06 1.11