Modesto (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 Modesto (City), California in February 2026 was $2,042.224. The month over month percentage change (MoM) was 0.22%, and the year over year percentage change (YoY) was 1.71%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Modesto (City), CA. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Modesto (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.
Modesto (City), CA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Modesto (City), CA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 976.7951208248812 NaN NaN
Feb 2015 972.3506059581995 -0.45 NaN
Mar 2015 979.533168941021 0.74 NaN
Apr 2015 972.5060416345254 -0.72 NaN
May 2015 993.1613704359117 2.12 NaN
Jun 2015 1003.7310002655171 1.06 NaN
Jul 2015 1019.1557247222123 1.54 NaN
Aug 2015 1016.6009127489599 -0.25 NaN
Sep 2015 1026.617608229587 0.99 NaN
Oct 2015 1032.3274794179367 0.56 NaN
Nov 2015 1041.0244664863449 0.84 NaN
Dec 2015 1045.774509935655 0.46 NaN
Jan 2016 1044.6584995781627 -0.11 6.95
Feb 2016 1056.0109276355406 1.09 8.60
Mar 2016 1074.6553199396585 1.77 9.71
Apr 2016 1100.8835668994077 2.44 13.20
May 2016 1106.063565210103 0.47 11.37
Jun 2016 1104.9084006232245 -0.10 10.08
Jul 2016 1100.120811246554 -0.43 7.94
Aug 2016 1116.0177686889417 1.45 9.78
Sep 2016 1120.9836079836234 0.45 9.19
Oct 2016 1143.4135484000128 2.00 10.76
Nov 2016 1151.2573856679153 0.69 10.59
Dec 2016 1166.5446133211267 1.33 11.55
Jan 2017 1168.8696068588047 0.20 11.89
Feb 2017 1181.7139786974037 1.10 11.90
Mar 2017 1187.9466877801844 0.53 10.54
Apr 2017 1194.2547542985485 0.53 8.48
May 2017 1199.2092425407386 0.42 8.42
Jun 2017 1214.7938299698835 1.30 9.95
Jul 2017 1228.7758349792273 1.15 11.70
Aug 2017 1232.5480264205707 0.31 10.44
Sep 2017 1239.9551207928328 0.60 10.61
Oct 2017 1232.3528902657304 -0.61 7.78
Nov 2017 1239.9164441420505 0.61 7.70
Dec 2017 1243.2343252996463 0.27 6.57
Jan 2018 1267.7293646216501 1.97 8.46
Feb 2018 1269.8499522619798 0.17 7.46
Mar 2018 1278.4962043843043 0.68 7.62
Apr 2018 1281.7950890555032 0.26 7.33
May 2018 1298.2335155120252 1.28 8.26
Jun 2018 1300.047320234072 0.14 7.02
Jul 2018 1303.4094068359443 0.26 6.07
Aug 2018 1306.2408694124256 0.22 5.98
Sep 2018 1322.462588507064 1.24 6.65
Oct 2018 1336.7719902303324 1.08 8.47
Nov 2018 1343.6132871788343 0.51 8.36
Dec 2018 1343.686805752931 0.01 8.08
Jan 2019 1339.3271880675916 -0.32 5.65
Feb 2019 1346.8671430227514 0.56 6.07
Mar 2019 1350.256223982897 0.25 5.61
Apr 2019 1356.699898208523 0.48 5.84
May 2019 1357.6520099654147 0.07 4.58
Jun 2019 1366.4757847303474 0.65 5.11
Jul 2019 1375.6880765735064 0.67 5.55
Aug 2019 1386.393984992981 0.78 6.14
Sep 2019 1386.6899854291823 0.02 4.86
Oct 2019 1392.5181906351327 0.42 4.17
Nov 2019 1399.7209785460302 0.52 4.18
Dec 2019 1413.0237047305895 0.95 5.16
Jan 2020 1422.18562674721 0.65 6.19
Feb 2020 1431.1653625873273 0.63 6.26
Mar 2020 1443.279536997211 0.85 6.89
Apr 2020 1448.6766464814143 0.37 6.78
May 2020 1457.6525062069936 0.62 7.37
Jun 2020 1460.0939145684533 0.17 6.85
Jul 2020 1471.979902474677 0.81 7.00
Aug 2020 1479.0325405572125 0.48 6.68
Sep 2020 1497.735445115953 1.26 8.01
Oct 2020 1524.0385440060766 1.76 9.45
Nov 2020 1546.324629620948 1.46 10.47
Dec 2020 1560.9152133129926 0.94 10.47
Jan 2021 1570.2204815991438 0.60 10.41
Feb 2021 1584.0555023815523 0.88 10.68
Mar 2021 1599.2152952562092 0.96 10.80
Apr 2021 1606.9974645467107 0.49 10.93
May 2021 1632.1587151363149 1.57 11.97
Jun 2021 1652.916448085933 1.27 13.21
Jul 2021 1684.2127870553413 1.89 14.42
Aug 2021 1695.8793515950376 0.69 14.66
Sep 2021 1705.6843333694105 0.58 13.88
Oct 2021 1711.5685991407254 0.35 12.31
Nov 2021 1733.7524951470918 1.30 12.12
Dec 2021 1756.4901230111082 1.31 12.53
Jan 2022 1774.2673288888468 1.01 13.00
Feb 2022 1785.404343063623 0.63 12.71
Mar 2022 1808.4196614622808 1.29 13.08
Apr 2022 1844.2170062905852 1.98 14.76
May 2022 1845.5670916248423 0.07 13.08
Jun 2022 1853.7784778954501 0.45 12.15
Jul 2022 1841.247596155526 -0.68 9.32
Aug 2022 1857.9348331494728 0.91 9.56
Sep 2022 1853.1221163129105 -0.26 8.64
Oct 2022 1856.638330770107 0.19 8.48
Nov 2022 1851.4980861773247 -0.28 6.79
Dec 2022 1856.0254080814673 0.25 5.67
Jan 2023 1872.9713645506408 0.91 5.56
Feb 2023 1880.5073621197623 0.40 5.33
Mar 2023 1878.5712838296638 -0.10 3.88
Apr 2023 1867.1806395438998 -0.61 1.25
May 2023 1871.849588324803 0.25 1.42
Jun 2023 1883.3596917251489 0.62 1.60
Jul 2023 1893.702601332845 0.55 2.85
Aug 2023 1909.5299451641513 0.84 2.78
Sep 2023 1929.2600968170955 1.03 4.11
Oct 2023 1934.0053922913416 0.25 4.17
Nov 2023 1933.786253177275 -0.01 4.44
Dec 2023 1929.6543179620467 -0.21 3.97
Jan 2024 1934.9508213474805 0.27 3.31
Feb 2024 1938.676969424497 0.19 3.09
Mar 2024 1941.2323339439654 0.13 3.34
Apr 2024 1945.7110997405252 0.23 4.21
May 2024 1955.7759688762678 0.52 4.48
Jun 2024 1964.8218262838889 0.46 4.33
Jul 2024 1969.4271585092586 0.23 4.00
Aug 2024 1967.4792385284761 -0.10 3.04
Sep 2024 1975.3389688630355 0.40 2.39
Oct 2024 1993.8532505040284 0.94 3.10
Nov 2024 2016.4550337133142 1.13 4.28
Dec 2024 2012.2838367790296 -0.21 4.28
Jan 2025 2005.9221415667396 -0.32 3.67
Feb 2025 2007.965939124567 0.10 3.57
Mar 2025 2015.6628233719357 0.38 3.83
Apr 2025 2023.5905705656903 0.39 4.00
May 2025 2025.524517843263 0.10 3.57
Jun 2025 2023.1680966385015 -0.12 2.97
Jul 2025 2028.5517262291517 0.27 3.00
Aug 2025 2030.5138716419096 0.10 3.20
Sep 2025 2027.217793509501 -0.16 2.63
Oct 2025 2021.1974800472542 -0.30 1.37
Nov 2025 2015.5035760944486 -0.28 -0.05
Dec 2025 2029.4945491783685 0.69 0.86
Jan 2026 2037.810325364878 0.41 1.59
Feb 2026 2042.2238034998948 0.22 1.71