Palatine (City), Illinois - 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 Palatine (City), Illinois in February 2026 was $1,963.447. The month over month percentage change (MoM) was -0.25%, and the year over year percentage change (YoY) was 4.03%.

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

You can see similar information for other Illinois 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.
Palatine (City), IL - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Palatine (City), IL - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1194.9308819580747 NaN NaN
Feb 2015 1200.9223393996474 0.50 NaN
Mar 2015 1208.6815277981423 0.65 NaN
Apr 2015 1217.1535003198617 0.70 NaN
May 2015 1215.9613915506086 -0.10 NaN
Jun 2015 1220.707182027332 0.39 NaN
Jul 2015 1217.4452866283893 -0.27 NaN
Aug 2015 1229.10422332635 0.96 NaN
Sep 2015 1227.3138876109576 -0.15 NaN
Oct 2015 1225.782197360394 -0.12 NaN
Nov 2015 1226.4420961664034 0.05 NaN
Dec 2015 1238.4978733356054 0.98 NaN
Jan 2016 1247.276869868079 0.71 4.38
Feb 2016 1249.9301891962439 0.21 4.08
Mar 2016 1235.8443866959503 -1.13 2.25
Apr 2016 1233.028138601382 -0.23 1.30
May 2016 1235.2091526052031 0.18 1.58
Jun 2016 1243.5154351610765 0.67 1.87
Jul 2016 1249.7204061270547 0.50 2.65
Aug 2016 1250.8863101600423 0.09 1.77
Sep 2016 1251.8269418887496 0.08 2.00
Oct 2016 1249.0980584586443 -0.22 1.90
Nov 2016 1247.2275997053769 -0.15 1.70
Dec 2016 1246.9815324582826 -0.02 0.69
Jan 2017 1253.6872143698934 0.54 0.51
Feb 2017 1258.4331854749364 0.38 0.68
Mar 2017 1272.4926217615673 1.12 2.97
Apr 2017 1282.5594204316164 0.79 4.02
May 2017 1284.4315951837548 0.15 3.99
Jun 2017 1279.6071340911817 -0.38 2.90
Jul 2017 1276.1576468905912 -0.27 2.12
Aug 2017 1278.265101653333 0.17 2.19
Sep 2017 1287.4808042845432 0.72 2.85
Oct 2017 1293.777154348221 0.49 3.58
Nov 2017 1298.881404650912 0.40 4.14
Dec 2017 1294.2536621242014 -0.36 3.79
Jan 2018 1293.629262394161 -0.05 3.19
Feb 2018 1299.2811551118496 0.44 3.25
Mar 2018 1306.5842029768446 0.56 2.68
Apr 2018 1303.7533978424285 -0.22 1.65
May 2018 1309.100140042395 0.41 1.92
Jun 2018 1316.5398405238386 0.57 2.89
Jul 2018 1326.2953088860652 0.74 3.93
Aug 2018 1327.2347790252588 0.07 3.83
Sep 2018 1318.898155818616 -0.63 2.44
Oct 2018 1317.1480067090743 -0.13 1.81
Nov 2018 1328.9176328838696 0.89 2.31
Dec 2018 1340.171900285291 0.85 3.55
Jan 2019 1338.0957269881053 -0.15 3.44
Feb 2019 1334.835910308541 -0.24 2.74
Mar 2019 1330.989305975874 -0.29 1.87
Apr 2019 1334.6868651878983 0.28 2.37
May 2019 1335.466967166679 0.06 2.01
Jun 2019 1336.504155612139 0.08 1.52
Jul 2019 1335.8806422696407 -0.05 0.72
Aug 2019 1339.8942044514856 0.30 0.95
Sep 2019 1347.9138196507058 0.60 2.20
Oct 2019 1353.0727353007999 0.38 2.73
Nov 2019 1348.1708635688283 -0.36 1.45
Dec 2019 1347.8221934809528 -0.03 0.57
Jan 2020 1354.43484842858 0.49 1.22
Feb 2020 1359.6826608717915 0.39 1.86
Mar 2020 1352.4826613081138 -0.53 1.62
Apr 2020 1342.907865160079 -0.71 0.62
May 2020 1348.117419325447 0.39 0.95
Jun 2020 1359.6790828792941 0.86 1.73
Jul 2020 1360.8099595350218 0.08 1.87
Aug 2020 1365.5075607113092 0.35 1.91
Sep 2020 1373.202227382445 0.56 1.88
Oct 2020 1379.9096081618031 0.49 1.98
Nov 2020 1375.0125013909328 -0.35 1.99
Dec 2020 1378.7176194011488 0.27 2.29
Jan 2021 1372.7996547851149 -0.43 1.36
Feb 2021 1391.8891549896032 1.39 2.37
Mar 2021 1391.1600756301882 -0.05 2.86
Apr 2021 1404.5366658463877 0.96 4.59
May 2021 1400.9170815670568 -0.26 3.92
Jun 2021 1404.0101317212307 0.22 3.26
Jul 2021 1413.750792108021 0.69 3.89
Aug 2021 1428.1982173129488 1.02 4.59
Sep 2021 1434.1016216664614 0.41 4.43
Oct 2021 1445.45324850117 0.79 4.75
Nov 2021 1463.9343412777957 1.28 6.47
Dec 2021 1482.9735321381538 1.30 7.56
Jan 2022 1487.1870072659676 0.28 8.33
Feb 2022 1489.3866009529236 0.15 7.01
Mar 2022 1513.199967733158 1.60 8.77
Apr 2022 1519.9120059639806 0.44 8.21
May 2022 1539.1800421447422 1.27 9.87
Jun 2022 1553.6815608056295 0.94 10.66
Jul 2022 1585.2435697939295 2.03 12.13
Aug 2022 1591.544021622997 0.40 11.44
Sep 2022 1609.2445864243703 1.11 12.21
Oct 2022 1623.3716478616045 0.88 12.31
Nov 2022 1652.9044977023486 1.82 12.91
Dec 2022 1661.4803379911666 0.52 12.04
Jan 2023 1683.5232645143408 1.33 13.20
Feb 2023 1682.2762671812839 -0.07 12.95
Mar 2023 1690.2001205630208 0.47 11.70
Apr 2023 1726.9746217680554 2.18 13.62
May 2023 1768.4455660276487 2.40 14.90
Jun 2023 1789.1503533268376 1.17 15.16
Jul 2023 1767.1543355711176 -1.23 11.48
Aug 2023 1767.7083745609657 0.03 11.07
Sep 2023 1763.942783797967 -0.21 9.61
Oct 2023 1761.1533361329346 -0.16 8.49
Nov 2023 1750.3543520642224 -0.61 5.90
Dec 2023 1772.0466982550267 1.24 6.66
Jan 2024 1783.4437576317737 0.64 5.94
Feb 2024 1810.3956605695123 1.51 7.62
Mar 2024 1816.643317389074 0.35 7.48
Apr 2024 1822.090903287583 0.30 5.51
May 2024 1811.3228181076543 -0.59 2.42
Jun 2024 1808.6604442850523 -0.15 1.09
Jul 2024 1818.4932985037287 0.54 2.91
Aug 2024 1841.6041354936303 1.27 4.18
Sep 2024 1855.3275704322805 0.75 5.18
Oct 2024 1873.352669034467 0.97 6.37
Nov 2024 1873.2228078492687 -0.01 7.02
Dec 2024 1880.8375274484752 0.41 6.14
Jan 2025 1875.5889181821892 -0.28 5.17
Feb 2025 1887.4220695114532 0.63 4.26
Mar 2025 1896.060652091164 0.46 4.37
Apr 2025 1893.9040055161986 -0.11 3.94
May 2025 1899.8625524543302 0.32 4.89
Jun 2025 1910.8620680575207 0.58 5.65
Jul 2025 1928.436260170281 0.92 6.05
Aug 2025 1929.3530515861582 0.05 4.76
Sep 2025 1936.8594573622554 0.39 4.39
Oct 2025 1940.4597507027775 0.19 3.58
Nov 2025 1957.959171362399 0.90 4.52
Dec 2025 1956.9786288839696 -0.05 4.05
Jan 2026 1968.3428862135318 0.58 4.95
Feb 2026 1963.4469060351414 -0.25 4.03