Santa Cruz (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 Santa Cruz (City), California in February 2026 was $3,422.336. The month over month percentage change (MoM) was -0.02%, and the year over year percentage change (YoY) was 0.58%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Santa Cruz (City), CA. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Santa Cruz (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.
Santa Cruz (City), CA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Santa Cruz (City), CA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 2065.342798621414 Infinity Infinity
Apr 2016 2069.5618197268436 0.20 Infinity
May 2016 2092.5052020554895 1.11 Infinity
Jun 2016 2156.483127144276 3.06 Infinity
Jul 2016 0 -100.00 NaN
Aug 2016 2133.3752674100674 Infinity Infinity
Sep 2016 2097.4602039527076 -1.68 Infinity
Oct 2016 2112.6586872406697 0.73 Infinity
Nov 2016 2169.8532390916644 2.71 Infinity
Dec 2016 2197.046865379328 1.25 Infinity
Jan 2017 2205.756367177639 0.40 Infinity
Feb 2017 2167.450036338624 -1.74 Infinity
Mar 2017 2164.311492304691 -0.14 4.79
Apr 2017 2186.8586397351714 1.04 5.67
May 2017 2250.0388406426855 2.89 7.53
Jun 2017 2292.4844581249113 1.89 6.31
Jul 2017 2320.229489496824 1.21 Infinity
Aug 2017 2310.5725246706825 -0.42 8.31
Sep 2017 2329.6336418253118 0.83 11.07
Oct 2017 2313.8536562589156 -0.68 9.52
Nov 2017 2335.256354626761 0.93 7.62
Dec 2017 2315.3279396379676 -0.85 5.38
Jan 2018 2352.7740262319153 1.62 6.67
Feb 2018 2387.1871630356113 1.46 10.14
Mar 2018 2432.175606720702 1.89 12.38
Apr 2018 2433.7807030798126 0.07 11.29
May 2018 2405.5424213731503 -1.16 6.91
Jun 2018 2393.0404147297827 -0.52 4.39
Jul 2018 2404.8940637872724 0.50 3.65
Aug 2018 2457.1436816859136 2.17 6.34
Sep 2018 2487.87947762047 1.25 6.79
Oct 2018 2516.524793652099 1.15 8.76
Nov 2018 2518.1483564867485 0.07 7.83
Dec 2018 2498.797572848983 -0.77 7.92
Jan 2019 2480.360893226293 -0.74 5.42
Feb 2019 2480.36798959573 0.00 3.90
Mar 2019 2473.6017298193865 -0.27 1.70
Apr 2019 2480.8323916904505 0.29 1.93
May 2019 2491.3869946981295 0.43 3.57
Jun 2019 2493.0492839610597 0.07 4.18
Jul 2019 2495.095469015847 0.08 3.75
Aug 2019 2489.162759533536 -0.24 1.30
Sep 2019 2490.57787121836 0.06 0.11
Oct 2019 2499.9513017055447 0.38 -0.66
Nov 2019 2506.2046011997736 0.25 -0.47
Dec 2019 2553.729109690032 1.90 2.20
Jan 2020 2578.3540050187585 0.96 3.95
Feb 2020 2602.1900637652398 0.92 4.91
Mar 2020 2543.681676338005 -2.25 2.83
Apr 2020 2536.8172962229605 -0.27 2.26
May 2020 2510.1970097909366 -1.05 0.76
Jun 2020 2507.2602801864437 -0.12 0.57
Jul 2020 2488.8837052163526 -0.73 -0.25
Aug 2020 2486.8212086642657 -0.08 -0.09
Sep 2020 2498.5239552979424 0.47 0.32
Oct 2020 2518.021335153785 0.78 0.72
Nov 2020 2560.727039529727 1.70 2.17
Dec 2020 2596.130768085237 1.38 1.66
Jan 2021 2596.7652080393477 0.02 0.71
Feb 2021 2621.6472135707772 0.96 0.75
Mar 2021 2630.1103824950487 0.32 3.40
Apr 2021 2680.5792574322804 1.92 5.67
May 2021 2679.400118120976 -0.04 6.74
Jun 2021 2706.9082931331845 1.03 7.96
Jul 2021 2727.27736654649 0.75 9.58
Aug 2021 2801.1686117637205 2.71 12.64
Sep 2021 2861.7249667915767 2.16 14.54
Oct 2021 2926.855876345925 2.28 16.24
Nov 2021 2922.9481021579936 -0.13 14.15
Dec 2021 2947.5087733535975 0.84 13.54
Jan 2022 2990.580111643151 1.46 15.17
Feb 2022 3009.0984037506364 0.62 14.78
Mar 2022 3032.7924393835974 0.79 15.31
Apr 2022 3011.147578811562 -0.71 12.33
May 2022 3060.4768530928973 1.64 14.22
Jun 2022 3078.6267776677096 0.59 13.73
Jul 2022 3131.244432273548 1.71 14.81
Aug 2022 3150.210454956193 0.61 12.46
Sep 2022 3170.5794381148803 0.65 10.79
Oct 2022 3187.8300255943527 0.54 8.92
Nov 2022 3199.982651678261 0.38 9.48
Dec 2022 3176.6644873844393 -0.73 7.78
Jan 2023 3154.0846523203827 -0.71 5.47
Feb 2023 3152.825253080014 -0.04 4.78
Mar 2023 3195.239480781449 1.35 5.36
Apr 2023 3219.3559244734415 0.76 6.92
May 2023 3250.328657957308 0.96 6.20
Jun 2023 3264.3790722566587 0.43 6.03
Jul 2023 3281.6422921381277 0.53 4.80
Aug 2023 3283.7700411552405 0.07 4.24
Sep 2023 3248.848848066184 -1.06 2.47
Oct 2023 3225.015613706884 -0.73 1.17
Nov 2023 3220.669193654742 -0.13 0.65
Dec 2023 3248.4502512728423 0.86 2.26
Jan 2024 3239.4812594842488 -0.28 2.71
Feb 2024 3262.0810665401436 0.70 3.47
Mar 2024 3278.59561326039 0.51 2.61
Apr 2024 3310.5455333898312 0.98 2.83
May 2024 3307.8449586240313 -0.08 1.77
Jun 2024 3319.6341184855937 0.36 1.69
Jul 2024 3331.652475783778 0.36 1.52
Aug 2024 3349.300057612488 0.53 2.00
Sep 2024 3362.967788846585 0.41 3.51
Oct 2024 3346.655490328848 -0.48 3.77
Nov 2024 3343.708827729813 -0.09 3.82
Dec 2024 3346.1897213111774 0.07 3.01
Jan 2025 3396.6836864222487 1.51 4.85
Feb 2025 3402.54727862528 0.17 4.31
Mar 2025 3383.4385416846962 -0.56 3.20
Apr 2025 3370.188104547638 -0.39 1.80
May 2025 3366.8936911649535 -0.10 1.79
Jun 2025 3366.7347506230067 0.00 1.42
Jul 2025 3357.9729648367534 -0.26 0.79
Aug 2025 3357.522825719637 -0.01 0.25
Sep 2025 3377.2434405279614 0.59 0.42
Oct 2025 3414.1830874155935 1.09 2.02
Nov 2025 3433.7835061172136 0.57 2.69
Dec 2025 3438.560081650709 0.14 2.76
Jan 2026 3422.871661115977 -0.46 0.77
Feb 2026 3422.336111111111 -0.02 0.58