Merced (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 Merced (City), California in February 2026 was $1,828.646. The month over month percentage change (MoM) was 0.90%, and the year over year percentage change (YoY) was 1.47%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Merced (City), CA. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Merced (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.
Merced (City), CA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Merced (City), CA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 849.1026528254745 NaN NaN
Feb 2015 857.1781593630392 0.95 NaN
Mar 2015 868.3971011079375 1.31 NaN
Apr 2015 869.2255796827103 0.10 NaN
May 2015 865.2941422238681 -0.45 NaN
Jun 2015 869.1484862244863 0.45 NaN
Jul 2015 874.1881045222968 0.58 NaN
Aug 2015 875.6716571994488 0.17 NaN
Sep 2015 875.6648197726021 0.00 NaN
Oct 2015 883.4495087143838 0.89 NaN
Nov 2015 890.2129682656163 0.77 NaN
Dec 2015 906.8580438084829 1.87 NaN
Jan 2016 907.7886194225899 0.10 6.91
Feb 2016 920.4069189785964 1.39 7.38
Mar 2016 915.1657087671729 -0.57 5.39
Apr 2016 925.9818386738633 1.18 6.53
May 2016 933.8872164622244 0.85 7.93
Jun 2016 949.1554106833548 1.64 9.21
Jul 2016 960.7756117371852 1.22 9.90
Aug 2016 968.3848657775436 0.79 10.59
Sep 2016 973.5571761192789 0.53 11.18
Oct 2016 975.6997054910576 0.22 10.44
Nov 2016 986.6127228674444 1.12 10.83
Dec 2016 994.8984694076679 0.84 9.71
Jan 2017 1005.1299525284502 1.03 10.72
Feb 2017 1003.7713041648933 -0.13 9.06
Mar 2017 1011.1712476349143 0.74 10.49
Apr 2017 1020.6084029981564 0.93 10.22
May 2017 1034.17464895552 1.33 10.74
Jun 2017 1036.1262224100153 0.19 9.16
Jul 2017 1039.309102886166 0.31 8.17
Aug 2017 1048.9901577155756 0.93 8.32
Sep 2017 1062.0969574850535 1.25 9.09
Oct 2017 1062.9872918295641 0.08 8.95
Nov 2017 1060.1686408894068 -0.26 7.46
Dec 2017 1071.8387501971404 1.10 7.73
Jan 2018 1094.1113966125963 2.08 8.85
Feb 2018 1109.7037016923957 1.43 10.55
Mar 2018 1108.8986692154165 -0.07 9.66
Apr 2018 1116.0906539877806 0.65 9.36
May 2018 1124.7148495863219 0.77 8.76
Jun 2018 1123.4214810326196 -0.11 8.43
Jul 2018 1128.4972692387937 0.45 8.58
Aug 2018 1124.3380869199805 -0.37 7.18
Sep 2018 1135.9508480034547 1.03 6.95
Oct 2018 1139.9647105043211 0.35 7.24
Nov 2018 1144.602649910335 0.41 7.96
Dec 2018 1140.015565630716 -0.40 6.36
Jan 2019 1144.4963392244292 0.39 4.61
Feb 2019 1154.2417259458568 0.85 4.01
Mar 2019 1168.4863866426667 1.23 5.37
Apr 2019 1171.8490935256132 0.29 5.00
May 2019 1172.5229836426824 0.06 4.25
Jun 2019 1184.8340019701923 1.05 5.47
Jul 2019 1192.074270650645 0.61 5.63
Aug 2019 1204.0244179983129 1.00 7.09
Sep 2019 1201.819137554843 -0.18 5.80
Oct 2019 1212.3487628912194 0.88 6.35
Nov 2019 1221.9605696622125 0.79 6.76
Dec 2019 1231.326652658053 0.77 8.01
Jan 2020 1227.6316193667892 -0.30 7.26
Feb 2020 1225.5117375196057 -0.17 6.18
Mar 2020 1234.366407531 0.72 5.64
Apr 2020 1247.8099907045657 1.09 6.48
May 2020 1244.393636995284 -0.27 6.13
Jun 2020 1233.5581986928805 -0.87 4.11
Jul 2020 1230.2403470471716 -0.27 3.20
Aug 2020 1239.390073081804 0.74 2.94
Sep 2020 1251.16963075653 0.95 4.11
Oct 2020 1285.5753458541988 2.75 6.04
Nov 2020 1305.5033845136288 1.55 6.84
Dec 2020 1325.7051609391033 1.55 7.67
Jan 2021 1341.65545572976 1.20 9.29
Feb 2021 1333.286710674435 -0.62 8.79
Mar 2021 1349.3136008041881 1.20 9.31
Apr 2021 1363.740623199719 1.07 9.29
May 2021 1418.7629512669253 4.04 14.01
Jun 2021 1470.7561343345658 3.67 19.23
Jul 2021 1508.0085566828825 2.53 22.58
Aug 2021 1546.7974134615067 2.57 24.80
Sep 2021 1574.204241859618 1.77 25.82
Oct 2021 1578.2398651979827 0.26 22.77
Nov 2021 1601.4722502985983 1.47 22.67
Dec 2021 1611.4133350432364 0.62 21.55
Jan 2022 1623.6027511150294 0.76 21.02
Feb 2022 1645.3212188164784 1.34 23.40
Mar 2022 1650.8158168026912 0.33 22.35
Apr 2022 1667.6173769651352 1.02 22.28
May 2022 1646.3791609632217 -1.27 16.04
Jun 2022 1638.7313537507193 -0.46 11.42
Jul 2022 1629.2316789970694 -0.58 8.04
Aug 2022 1617.9674305898682 -0.69 4.60
Sep 2022 1624.1728542005994 0.38 3.17
Oct 2022 1631.8267077481016 0.47 3.40
Nov 2022 1634.9843008934918 0.19 2.09
Dec 2022 1630.5098595325876 -0.27 1.19
Jan 2023 1637.9315626288028 0.46 0.88
Feb 2023 1650.240737600345 0.75 0.30
Mar 2023 1665.310781605724 0.91 0.88
Apr 2023 1677.3204786906304 0.72 0.58
May 2023 1677.453046987703 0.01 1.89
Jun 2023 1675.6428367945632 -0.11 2.25
Jul 2023 1676.2223179038892 0.04 2.88
Aug 2023 1688.1744274461519 0.71 4.34
Sep 2023 1688.4835414160214 0.02 3.96
Oct 2023 1693.2821263096484 0.28 3.77
Nov 2023 1686.0376527483386 -0.43 3.12
Dec 2023 1698.8510523493642 0.76 4.19
Jan 2024 1697.3645641591606 -0.09 3.63
Feb 2024 1706.1101738231343 0.52 3.39
Mar 2024 1707.5680316376809 0.09 2.54
Apr 2024 1718.21472424255 0.62 2.44
May 2024 1732.5077680553457 0.83 3.28
Jun 2024 1732.974321629912 0.03 3.42
Jul 2024 1750.4519643518672 1.01 4.43
Aug 2024 1745.0220544323213 -0.31 3.37
Sep 2024 1766.4667128961953 1.23 4.62
Oct 2024 1767.6427979619802 0.07 4.39
Nov 2024 1805.8325360554327 2.16 7.11
Dec 2024 1805.3862771710926 -0.02 6.27
Jan 2025 1823.2261952227248 0.99 7.42
Feb 2025 1802.2208394310014 -1.15 5.63
Mar 2025 1806.747334275673 0.25 5.81
Apr 2025 1802.8125375787856 -0.22 4.92
May 2025 1807.852009108947 0.28 4.35
Jun 2025 1821.5980590730173 0.76 5.11
Jul 2025 1821.1995862348065 -0.02 4.04
Aug 2025 1832.8372241624018 0.64 5.03
Sep 2025 1825.3059409389793 -0.41 3.33
Oct 2025 1831.1670374194834 0.32 3.59
Nov 2025 1813.9973797427022 -0.94 0.45
Dec 2025 1817.996404794723 0.22 0.70
Jan 2026 1812.2835029367998 -0.31 -0.60
Feb 2026 1828.6455862977602 0.90 1.47