Cupertino (City), California - 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 Cupertino (City), California in February 2026 was $3,950.308. The month over month percentage change (MoM) was -0.05%, and the year over year percentage change (YoY) was 5.96%.

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

You can see similar information for other California 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.
Cupertino (City), CA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Cupertino (City), CA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 0 NaN NaN
Feb 2015 0 NaN NaN
Mar 2015 0 NaN NaN
Apr 2015 0 NaN NaN
May 2015 0 NaN NaN
Jun 2015 0 NaN NaN
Jul 2015 0 NaN NaN
Aug 2015 0 NaN NaN
Sep 2015 0 NaN NaN
Oct 2015 0 NaN NaN
Nov 2015 0 NaN NaN
Dec 2015 0 NaN NaN
Jan 2016 0 NaN NaN
Feb 2016 0 NaN NaN
Mar 2016 0 NaN NaN
Apr 2016 0 NaN NaN
May 2016 0 NaN NaN
Jun 2016 0 NaN NaN
Jul 2016 0 NaN NaN
Aug 2016 0 NaN NaN
Sep 2016 0 NaN NaN
Oct 2016 0 NaN NaN
Nov 2016 0 NaN NaN
Dec 2016 0 NaN NaN
Jan 2017 0 NaN NaN
Feb 2017 0 NaN NaN
Mar 2017 2933.072155188977 Infinity Infinity
Apr 2017 2945.9546394445033 0.44 Infinity
May 2017 2994.7760491492995 1.66 Infinity
Jun 2017 3011.0037171144836 0.54 Infinity
Jul 2017 3049.5732143920795 1.28 Infinity
Aug 2017 3076.89450838441 0.90 Infinity
Sep 2017 3073.1952033788225 -0.12 Infinity
Oct 2017 3058.660681095597 -0.47 Infinity
Nov 2017 0 -100.00 NaN
Dec 2017 3117.578015496388 Infinity Infinity
Jan 2018 3142.855771508113 0.81 Infinity
Feb 2018 3119.3634284556347 -0.75 Infinity
Mar 2018 3126.525396166137 0.23 6.60
Apr 2018 3133.1063520196103 0.21 6.35
May 2018 3153.5066698014543 0.65 5.30
Jun 2018 3137.849110221776 -0.50 4.21
Jul 2018 3109.5158777171996 -0.90 1.97
Aug 2018 3113.04033337961 0.11 1.18
Sep 2018 3135.760763440333 0.73 2.04
Oct 2018 3178.153639695784 1.35 3.91
Nov 2018 3196.1247428568 0.56 Infinity
Dec 2018 3181.2762989414045 -0.46 2.04
Jan 2019 3170.1365711099093 -0.35 0.87
Feb 2019 3190.1007862429315 0.63 2.27
Mar 2019 3170.5765255531837 -0.61 1.41
Apr 2019 3175.96475432109 0.17 1.37
May 2019 3160.480398096005 -0.49 0.22
Jun 2019 3194.6761409859323 1.08 1.81
Jul 2019 3226.519665624173 1.00 3.76
Aug 2019 3243.64267369348 0.53 4.20
Sep 2019 3254.239815807552 0.33 3.78
Oct 2019 3255.599142207664 0.04 2.44
Nov 2019 3260.956442317412 0.17 2.03
Dec 2019 3292.5603148316563 0.97 3.50
Jan 2020 3311.908395962555 0.59 4.47
Feb 2020 3332.551839344305 0.62 4.47
Mar 2020 3310.9407006658294 -0.65 4.43
Apr 2020 3279.1271085542694 -0.96 3.25
May 2020 3222.1693043158566 -1.74 1.95
Jun 2020 3159.214991846434 -1.95 -1.11
Jul 2020 3126.8515793339734 -1.02 -3.09
Aug 2020 3078.793139757617 -1.54 -5.08
Sep 2020 3036.4560124956174 -1.37 -6.69
Oct 2020 3001.849510788225 -1.14 -7.79
Nov 2020 3009.113116546174 0.24 -7.72
Dec 2020 3004.6361835137745 -0.15 -8.74
Jan 2021 2995.4714179140983 -0.30 -9.55
Feb 2021 2969.1465320212246 -0.88 -10.90
Mar 2021 2963.2730882326537 -0.20 -10.50
Apr 2021 2977.3405502230917 0.48 -9.20
May 2021 3017.3453979209817 1.34 -6.36
Jun 2021 3068.9904923434997 1.71 -2.86
Jul 2021 3119.876871535382 1.66 -0.22
Aug 2021 3182.4309270657104 2.01 3.37
Sep 2021 3222.4352968487806 1.26 6.13
Oct 2021 3258.5006771651156 1.12 8.55
Nov 2021 3264.29547805484 0.18 8.48
Dec 2021 3284.811808116929 0.63 9.32
Jan 2022 3304.895167360167 0.61 10.33
Feb 2022 3330.3758430389194 0.77 12.17
Mar 2022 3358.691911241542 0.85 13.34
Apr 2022 3393.7077805130157 1.04 13.99
May 2022 3420.824728296512 0.80 13.37
Jun 2022 3450.7494738814594 0.88 12.44
Jul 2022 3475.798503197535 0.73 11.41
Aug 2022 3508.0492385396055 0.93 10.23
Sep 2022 3533.563554155801 0.73 9.65
Oct 2022 3546.508062710642 0.37 8.84
Nov 2022 3552.5749084495174 0.17 8.83
Dec 2022 3561.7076844596395 0.26 8.43
Jan 2023 3566.64692413961 0.14 7.92
Feb 2023 3564.5067934656468 -0.06 7.03
Mar 2023 3572.2522775592283 0.22 6.36
Apr 2023 3573.158051269761 0.03 5.29
May 2023 3583.9308445955025 0.30 4.77
Jun 2023 3561.6249700772382 -0.62 3.21
Jul 2023 3534.6088098682376 -0.76 1.69
Aug 2023 3509.2915021169474 -0.72 0.04
Sep 2023 3494.8924434343735 -0.41 -1.09
Oct 2023 3492.6341349653594 -0.06 -1.52
Nov 2023 3500.4374497653266 0.22 -1.47
Dec 2023 3513.923672740457 0.39 -1.34
Jan 2024 3541.940449421869 0.80 -0.69
Feb 2024 3561.0962800804677 0.54 -0.10
Mar 2024 3582.742338558978 0.61 0.29
Apr 2024 3599.2577203111996 0.46 0.73
May 2024 3627.258070258389 0.78 1.21
Jun 2024 3651.5668941054187 0.67 2.53
Jul 2024 3659.274328214514 0.21 3.53
Aug 2024 3631.6601075433223 -0.75 3.49
Sep 2024 3638.9519074690484 0.20 4.12
Oct 2024 3646.8687003757277 0.22 4.42
Nov 2024 3676.4210639675703 0.81 5.03
Dec 2024 3679.580944113502 0.09 4.71
Jan 2025 3690.8873346869404 0.31 4.21
Feb 2025 3727.9994473170896 1.01 4.69
Mar 2025 3733.140407248293 0.14 4.20
Apr 2025 3744.4640687738324 0.30 4.03
May 2025 3743.3867429493343 -0.03 3.20
Jun 2025 3760.6926274629886 0.46 2.99
Jul 2025 3794.9434729832665 0.91 3.71
Aug 2025 3854.558853864431 1.57 6.14
Sep 2025 3884.2516936224365 0.77 6.74
Oct 2025 3910.2994830498396 0.67 7.22
Nov 2025 3916.6754010006075 0.16 6.54
Dec 2025 3940.667734669772 0.61 7.10
Jan 2026 3952.36345398221 0.30 7.08
Feb 2026 3950.3082608695654 -0.05 5.96