Palm Springs (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 Palm Springs (City), California in February 2026 was $2,104.496. The month over month percentage change (MoM) was -0.94%, and the year over year percentage change (YoY) was 0.89%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Palm Springs (City), CA. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Palm Springs (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.
Palm Springs (City), CA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Palm Springs (City), CA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 921.8346796393305 NaN NaN
Feb 2015 919.1009697785232 -0.30 NaN
Mar 2015 922.0962679628948 0.33 NaN
Apr 2015 913.3730978511353 -0.95 NaN
May 2015 918.0623429803816 0.51 NaN
Jun 2015 921.8281176070672 0.41 NaN
Jul 2015 936.1112419840908 1.55 NaN
Aug 2015 933.0375758891214 -0.33 NaN
Sep 2015 928.562312128473 -0.48 NaN
Oct 2015 921.7646394290442 -0.73 NaN
Nov 2015 935.7621835219744 1.52 NaN
Dec 2015 943.1427683995089 0.79 NaN
Jan 2016 947.4440556799086 0.46 2.78
Feb 2016 960.011236388728 1.33 4.45
Mar 2016 968.3617445881309 0.87 5.02
Apr 2016 981.8363273793155 1.39 7.50
May 2016 983.3207965713618 0.15 7.11
Jun 2016 979.0865405644353 -0.43 6.21
Jul 2016 979.7406182103716 0.07 4.66
Aug 2016 984.3079715323692 0.47 5.50
Sep 2016 1012.6852689508872 2.88 9.06
Oct 2016 1020.0502457012797 0.73 10.66
Nov 2016 1019.8865120215278 -0.02 8.99
Dec 2016 1003.1202726565097 -1.64 6.36
Jan 2017 1022.4319278575146 1.93 7.92
Feb 2017 1026.6136248700418 0.41 6.94
Mar 2017 1040.5075174226408 1.35 7.45
Apr 2017 1052.8008156127862 1.18 7.23
May 2017 1073.4907177345501 1.97 9.17
Jun 2017 1084.78663544276 1.05 10.80
Jul 2017 1077.0687594880728 -0.71 9.93
Aug 2017 1083.9827880884882 0.64 10.13
Sep 2017 1071.7170834284595 -1.13 5.83
Oct 2017 1084.1998683378822 1.17 6.29
Nov 2017 1100.4156758092938 1.50 7.90
Dec 2017 1138.9586537425737 3.50 13.54
Jan 2018 1142.839902225741 0.34 11.78
Feb 2018 1147.4176061254448 0.40 11.77
Mar 2018 1143.1046380802647 -0.38 9.86
Apr 2018 1142.7702347106176 -0.03 8.55
May 2018 1146.2214558340934 0.30 6.78
Jun 2018 1152.111743533566 0.51 6.21
Jul 2018 1163.3775304182107 0.98 8.01
Aug 2018 1159.3191792981406 -0.35 6.95
Sep 2018 1179.5952911478716 1.75 10.07
Oct 2018 1196.8068814428536 1.46 10.39
Nov 2018 1211.9456479926673 1.26 10.14
Dec 2018 1210.2922017989185 -0.14 6.26
Jan 2019 1228.148921846851 1.48 7.47
Feb 2019 1212.6956150794592 -1.26 5.69
Mar 2019 1226.4773904434255 1.14 7.29
Apr 2019 1237.4378355583467 0.89 8.28
May 2019 1243.2813110169657 0.47 8.47
Jun 2019 1253.8219064957643 0.85 8.83
Jul 2019 1268.519317044635 1.17 9.04
Aug 2019 1287.4734448614324 1.49 11.05
Sep 2019 1291.1357558600253 0.28 9.46
Oct 2019 1289.256833905434 -0.15 7.73
Nov 2019 1288.4867631897343 -0.06 6.32
Dec 2019 1293.777501123617 0.41 6.90
Jan 2020 1293.969209382472 0.02 5.36
Feb 2020 1323.8418744407281 2.31 9.16
Mar 2020 1326.3395847030358 0.19 8.14
Apr 2020 1320.5751374217823 -0.43 6.72
May 2020 1303.955169060146 -1.26 4.88
Jun 2020 1332.7681890673975 2.21 6.30
Jul 2020 1365.3932225118301 2.45 7.64
Aug 2020 1380.3613269627936 1.10 7.22
Sep 2020 1378.9670787724674 -0.10 6.80
Oct 2020 1422.7546582778753 3.18 10.36
Nov 2020 1437.590905690182 1.04 11.57
Dec 2020 1480.9194422823853 3.01 14.47
Jan 2021 1482.719614081205 0.12 14.59
Feb 2021 1513.9057278284752 2.10 14.36
Mar 2021 1530.863383246865 1.12 15.42
Apr 2021 1562.514080343859 2.07 18.32
May 2021 1604.5424391648296 2.69 23.05
Jun 2021 1614.275154405788 0.61 21.12
Jul 2021 1641.5174408773282 1.69 20.22
Aug 2021 1676.3363004932582 2.12 21.44
Sep 2021 1712.0575809558059 2.13 24.16
Oct 2021 1724.3019464705449 0.72 21.20
Nov 2021 1744.522587496827 1.17 21.35
Dec 2021 1766.8021115661018 1.28 19.30
Jan 2022 1818.5579948401041 2.93 22.65
Feb 2022 1813.0260813649084 -0.30 19.76
Mar 2022 1867.520770248841 3.01 21.99
Apr 2022 1904.522740618746 1.98 21.89
May 2022 1945.366434413303 2.15 21.24
Jun 2022 1947.4883720309488 0.11 20.64
Jul 2022 1953.2500867775507 0.30 18.99
Aug 2022 1958.8455983135948 0.29 16.85
Sep 2022 1993.877624407817 1.79 16.46
Oct 2022 1977.0102810132423 -0.85 14.66
Nov 2022 2012.9066315056489 1.82 15.38
Dec 2022 2006.8985838963629 -0.30 13.59
Jan 2023 2009.6565536185335 0.14 10.51
Feb 2023 2005.8658417807762 -0.19 10.64
Mar 2023 1980.3412077436524 -1.27 6.04
Apr 2023 1982.0423646868542 0.09 4.07
May 2023 1966.5783330256768 -0.78 1.09
Jun 2023 1981.489064545785 0.76 1.75
Jul 2023 1973.1029514369072 -0.42 1.02
Aug 2023 1966.411752347499 -0.34 0.39
Sep 2023 1980.1831382111504 0.70 -0.69
Oct 2023 2020.2562790380746 2.02 2.19
Nov 2023 2012.7442062536797 -0.37 -0.01
Dec 2023 2005.1948030981662 -0.37 -0.08
Jan 2024 1987.5501048373712 -0.88 -1.10
Feb 2024 2036.354096887602 2.46 1.52
Mar 2024 2046.0156394291214 0.47 3.32
Apr 2024 2059.1735323358207 0.64 3.89
May 2024 2037.5081194372854 -1.05 3.61
Jun 2024 2050.65234901524 0.65 3.49
Jul 2024 2065.693043142068 0.73 4.69
Aug 2024 2080.442667418835 0.71 5.80
Sep 2024 2068.4864452954985 -0.57 4.46
Oct 2024 2051.4266143059267 -0.82 1.54
Nov 2024 2044.9119483098755 -0.32 1.60
Dec 2024 2052.163936428795 0.36 2.34
Jan 2025 2085.6936396838514 1.63 4.94
Feb 2025 2085.903486827966 0.01 2.43
Mar 2025 2095.1881679448647 0.45 2.40
Apr 2025 2091.038057867177 -0.20 1.55
May 2025 2119.37570202631 1.36 4.02
Jun 2025 2114.1146599164454 -0.25 3.10
Jul 2025 2116.563054682429 0.12 2.46
Aug 2025 2117.0727289180654 0.02 1.76
Sep 2025 2120.8045941384353 0.18 2.53
Oct 2025 2125.8561827447306 0.24 3.63
Nov 2025 2134.1780479849435 0.39 4.37
Dec 2025 2139.0851823020475 0.23 4.24
Jan 2026 2124.391767514753 -0.69 1.86
Feb 2026 2104.496031746032 -0.94 0.89