Franklin (City), Indiana - 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 Franklin (City), Indiana in February 2026 was $1,682.267. The month over month percentage change (MoM) was 0.44%, and the year over year percentage change (YoY) was 4.53%.

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

You can see similar information for other Indiana 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.
Franklin (City), IN - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Franklin (City), IN - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 0 NaN NaN
Apr 2016 0 NaN NaN
May 2016 1029.6654664169523 Infinity Infinity
Jun 2016 1023.7194197636612 -0.58 Infinity
Jul 2016 1013.6898810543108 -0.98 Infinity
Aug 2016 0 -100.00 NaN
Sep 2016 998.7414739043276 Infinity Infinity
Oct 2016 1006.376268110421 0.76 Infinity
Nov 2016 1019.7431386825823 1.33 Infinity
Dec 2016 1030.9802874439356 1.10 Infinity
Jan 2017 1024.9175721412935 -0.59 Infinity
Feb 2017 1026.004360533861 0.11 Infinity
Mar 2017 1022.5931555263924 -0.33 Infinity
Apr 2017 1030.5911853466064 0.78 Infinity
May 2017 1027.0168730589326 -0.35 -0.26
Jun 2017 1027.2583049238701 0.02 0.35
Jul 2017 1029.561141392578 0.22 1.57
Aug 2017 1036.3912468783149 0.66 Infinity
Sep 2017 1039.5987861448361 0.31 4.09
Oct 2017 1049.410682790316 0.94 4.28
Nov 2017 1052.4089425533703 0.29 3.20
Dec 2017 1058.3101852672778 0.56 2.65
Jan 2018 1062.9250067331147 0.44 3.71
Feb 2018 1070.3250286817167 0.70 4.32
Mar 2018 0 -100.00 -100.00
Apr 2018 1070.8729827034301 Infinity 3.91
May 2018 1072.3226670362276 0.14 4.41
Jun 2018 1071.1106390850462 -0.11 4.27
Jul 2018 1075.856101848546 0.44 4.50
Aug 2018 1084.0312717337204 0.76 4.60
Sep 2018 1096.3979986856025 1.14 5.46
Oct 2018 1096.5991472575677 0.02 4.50
Nov 2018 1080.3064572403769 -1.49 2.65
Dec 2018 1069.761290057521 -0.98 1.08
Jan 2019 1081.8310669571906 1.13 1.78
Feb 2019 1091.159829495554 0.86 1.95
Mar 2019 1092.320240953442 0.11 Infinity
Apr 2019 1100.0525212349924 0.71 2.73
May 2019 1107.300827867776 0.66 3.26
Jun 2019 1116.617558335064 0.84 4.25
Jul 2019 1121.4735875052936 0.44 4.24
Aug 2019 1120.1608847117293 -0.12 3.33
Sep 2019 1118.217570474706 -0.17 1.99
Oct 2019 1119.193340544767 0.09 2.06
Nov 2019 1135.5284031260198 1.46 5.11
Dec 2019 1146.6664146456442 0.98 7.19
Jan 2020 1144.6223032072967 -0.18 5.80
Feb 2020 1142.4067708642458 -0.19 4.70
Mar 2020 1150.9144675216787 0.75 5.36
Apr 2020 1155.3140501735345 0.38 5.02
May 2020 1153.9220031542761 -0.12 4.21
Jun 2020 1161.0713166363146 0.62 3.98
Jul 2020 1157.4538201539892 -0.31 3.21
Aug 2020 1171.5653717425969 1.22 4.59
Sep 2020 1178.360321516313 0.58 5.38
Oct 2020 1214.051178942306 3.03 8.48
Nov 2020 1219.761205589634 0.47 7.42
Dec 2020 1232.3511137394455 1.03 7.47
Jan 2021 1233.5015479439874 0.09 7.77
Feb 2021 1247.1271642485203 1.11 9.17
Mar 2021 1253.967728866798 0.55 8.95
Apr 2021 1273.3427271113082 1.55 10.22
May 2021 1279.3455837814904 0.47 10.87
Jun 2021 1298.3769864538913 1.49 11.83
Jul 2021 1314.4416119318057 1.24 13.56
Aug 2021 1319.1963240690827 0.36 12.60
Sep 2021 1333.6807984214881 1.10 13.18
Oct 2021 1337.5678750187742 0.29 10.17
Nov 2021 1352.466612342774 1.11 10.88
Dec 2021 1359.411608675095 0.51 10.31
Jan 2022 1360.2225293534495 0.06 10.27
Feb 2022 1351.5938174530943 -0.63 8.38
Mar 2022 1356.768428907262 0.38 8.20
Apr 2022 1362.1478813677245 0.40 6.97
May 2022 1392.0212176689442 2.19 8.81
Jun 2022 1400.5078162934149 0.61 7.87
Jul 2022 1419.1730553120683 1.33 7.97
Aug 2022 1432.6134501164588 0.95 8.60
Sep 2022 1449.0512759377584 1.15 8.65
Oct 2022 1444.007516153004 -0.35 7.96
Nov 2022 1451.2902054842832 0.50 7.31
Dec 2022 1449.4577124346033 -0.13 6.62
Jan 2023 1464.632890914104 1.05 7.68
Feb 2023 1470.136215031957 0.38 8.77
Mar 2023 1485.077836250278 1.02 9.46
Apr 2023 1491.3516051951422 0.42 9.49
May 2023 1476.4908160150471 -1.00 6.07
Jun 2023 1467.915451568209 -0.58 4.81
Jul 2023 1465.4563289294008 -0.17 3.26
Aug 2023 1479.2290127954411 0.94 3.25
Sep 2023 1481.857680971823 0.18 2.26
Oct 2023 1482.3415286123588 0.03 2.66
Nov 2023 1493.9076549675615 0.78 2.94
Dec 2023 1509.7118671720707 1.06 4.16
Jan 2024 1543.2776651565268 2.22 5.37
Feb 2024 1550.0692136812547 0.44 5.44
Mar 2024 1551.1088008685654 0.07 4.45
Apr 2024 1533.8144886125585 -1.11 2.85
May 2024 1537.984084521477 0.27 4.17
Jun 2024 1555.4061571265688 1.13 5.96
Jul 2024 1568.434428113166 0.84 7.03
Aug 2024 1574.3872411808725 0.38 6.43
Sep 2024 1591.2031357888127 1.07 7.38
Oct 2024 1623.7272999018285 2.04 9.54
Nov 2024 1628.188161507656 0.28 8.99
Dec 2024 1625.065364575138 -0.19 7.64
Jan 2025 1605.7465433336529 -1.19 4.05
Feb 2025 1609.303508001477 0.22 3.82
Mar 2025 1617.302440573618 0.50 4.27
Apr 2025 1643.1139737197077 1.60 7.13
May 2025 1657.4860655742457 0.88 7.77
Jun 2025 1662.1906295759638 0.28 6.87
Jul 2025 1664.6730347863784 0.15 6.14
Aug 2025 1665.5265445370565 0.05 5.79
Sep 2025 1662.2915314391246 -0.19 4.47
Oct 2025 1652.9143740419463 -0.56 1.80
Nov 2025 1656.4575967403991 0.21 1.74
Dec 2025 1665.8174440577961 0.56 2.51
Jan 2026 1674.9569320449941 0.55 4.31
Feb 2026 1682.2666666666664 0.44 4.53