Noblesville (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 Noblesville (City), Indiana in February 2026 was $1,715.732. The month over month percentage change (MoM) was 0.54%, and the year over year percentage change (YoY) was -0.30%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Noblesville (City), IN. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Noblesville (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.
Noblesville (City), IN - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Noblesville (City), IN - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1047.5467508031695 NaN NaN
Feb 2015 0 -100.00 NaN
Mar 2015 1046.8368485111437 Infinity NaN
Apr 2015 1052.6087594071273 0.55 NaN
May 2015 1051.798216551699 -0.08 NaN
Jun 2015 1054.4242615221467 0.25 NaN
Jul 2015 1052.6467150335857 -0.17 NaN
Aug 2015 1061.1800896485906 0.81 NaN
Sep 2015 1064.3489778891305 0.30 NaN
Oct 2015 1066.9742578761682 0.25 NaN
Nov 2015 1071.6346183088624 0.44 NaN
Dec 2015 1071.6413889953421 0.00 NaN
Jan 2016 1072.4412292950083 0.08 2.38
Feb 2016 1075.3219597117477 0.27 Infinity
Mar 2016 1068.4646512151746 -0.64 2.07
Apr 2016 1071.8864707655573 0.32 1.83
May 2016 1073.477956026686 0.15 2.06
Jun 2016 1081.3856442646763 0.74 2.56
Jul 2016 1079.7059955968703 -0.15 2.57
Aug 2016 1073.6024563488568 -0.56 1.17
Sep 2016 1070.2958135943666 -0.31 0.56
Oct 2016 1077.379310996931 0.66 0.98
Nov 2016 1076.366226584697 -0.09 0.44
Dec 2016 1076.5114767344828 0.01 0.45
Jan 2017 1072.8215352392683 -0.34 0.04
Feb 2017 1075.064603088733 0.21 -0.02
Mar 2017 1085.8955937371024 1.01 1.63
Apr 2017 1090.1474704098343 0.39 1.70
May 2017 1098.700115297116 0.79 2.35
Jun 2017 1099.9903525850896 0.12 1.72
Jul 2017 1103.6404613343075 0.33 2.22
Aug 2017 1104.5840397431075 0.09 2.89
Sep 2017 1109.5620765785977 0.45 3.67
Oct 2017 1105.5528373695213 -0.36 2.62
Nov 2017 1108.2375756300353 0.24 2.96
Dec 2017 1112.1768976284093 0.36 3.31
Jan 2018 1131.2859150309607 1.72 5.45
Feb 2018 1135.623545323264 0.38 5.63
Mar 2018 1137.2205863298502 0.14 4.73
Apr 2018 1125.6394821671097 -1.02 3.26
May 2018 1128.381050286654 0.24 2.70
Jun 2018 1133.4885280087487 0.45 3.05
Jul 2018 1142.6382036385533 0.81 3.53
Aug 2018 1148.5182502415973 0.52 3.98
Sep 2018 1146.7661612122447 -0.15 3.35
Oct 2018 1153.6170045706408 0.60 4.35
Nov 2018 1145.4100435599146 -0.71 3.35
Dec 2018 1155.9942143218036 0.92 3.94
Jan 2019 1155.9006445577231 -0.01 2.18
Feb 2019 1163.3514468425033 0.65 2.44
Mar 2019 1165.9958409289109 0.23 2.53
Apr 2019 1179.881416761888 1.19 4.82
May 2019 1181.0717616236404 0.10 4.67
Jun 2019 1182.5629185625933 0.13 4.33
Jul 2019 1181.7289253391389 -0.07 3.42
Aug 2019 1185.240045626933 0.30 3.20
Sep 2019 1192.049454143691 0.57 3.95
Oct 2019 1194.1933676648216 0.18 3.52
Nov 2019 1206.1841190701848 1.00 5.31
Dec 2019 1202.5728027179955 -0.30 4.03
Jan 2020 1200.3390007079418 -0.19 3.84
Feb 2020 1198.0206312610119 -0.19 2.98
Mar 2020 1212.8136435230592 1.24 4.01
Apr 2020 1216.835532486702 0.33 3.13
May 2020 1217.1326114741253 0.02 3.05
Jun 2020 1219.614145842407 0.20 3.13
Jul 2020 1230.4737115051971 0.89 4.13
Aug 2020 1245.3366040485103 1.21 5.07
Sep 2020 1273.9357023435218 2.30 6.87
Oct 2020 1293.7712416714046 1.56 8.34
Nov 2020 1291.1199585824882 -0.20 7.04
Dec 2020 1290.639132830395 -0.04 7.32
Jan 2021 1306.218762875039 1.21 8.82
Feb 2021 1328.3221258133653 1.69 10.88
Mar 2021 1333.4391523207023 0.39 9.95
Apr 2021 1343.536344655183 0.76 10.41
May 2021 1361.301194827758 1.32 11.85
Jun 2021 1380.2716974040334 1.39 13.17
Jul 2021 1397.4259410893812 1.24 13.57
Aug 2021 1414.223989063685 1.20 13.56
Sep 2021 1419.5893224362721 0.38 11.43
Oct 2021 1418.4615008669039 -0.08 9.64
Nov 2021 1436.4089464073932 1.26 11.25
Dec 2021 1455.3336496188133 1.32 12.76
Jan 2022 1468.7589448694798 0.92 12.44
Feb 2022 1466.1491451920183 -0.18 10.38
Mar 2022 1477.6406632301992 0.78 10.81
Apr 2022 1492.4665534973444 1.00 11.09
May 2022 1501.411630071454 0.60 10.29
Jun 2022 1519.9930265557248 1.24 10.12
Jul 2022 1534.9787671301162 0.99 9.84
Aug 2022 1543.3149568405127 0.54 9.13
Sep 2022 1533.632774023811 -0.63 8.03
Oct 2022 1536.5751317862835 0.19 8.33
Nov 2022 1527.078382624202 -0.62 6.31
Dec 2022 1538.0360324613741 0.72 5.68
Jan 2023 1546.9289693684836 0.58 5.32
Feb 2023 1561.57559886793 0.95 6.51
Mar 2023 1573.7934652029046 0.78 6.51
Apr 2023 1573.8366156871084 0.00 5.45
May 2023 1583.6463029782321 0.62 5.48
Jun 2023 1580.7438226042368 -0.18 4.00
Jul 2023 1584.4722835448417 0.24 3.22
Aug 2023 1586.601570793978 0.13 2.81
Sep 2023 1610.6649860885543 1.52 5.02
Oct 2023 1623.6244464943866 0.81 5.67
Nov 2023 1645.1517823542151 1.33 7.73
Dec 2023 1641.891232933199 -0.20 6.75
Jan 2024 1635.917104072105 -0.36 5.75
Feb 2024 1639.5773690560368 0.22 5.00
Mar 2024 1648.3360023194032 0.53 4.74
Apr 2024 1670.7785100433193 1.36 6.16
May 2024 1674.1166381127591 0.20 5.71
Jun 2024 1678.2012425229611 0.24 6.17
Jul 2024 1670.134637026508 -0.48 5.41
Aug 2024 1670.9756166868758 0.05 5.32
Sep 2024 1682.0120608791108 0.66 4.43
Oct 2024 1687.72603603433 0.34 3.95
Nov 2024 1701.5550108877048 0.82 3.43
Dec 2024 1714.0745703696832 0.74 4.40
Jan 2025 1732.9386494083665 1.10 5.93
Feb 2025 1720.8803322912365 -0.70 4.96
Mar 2025 1720.1014995955688 -0.04 4.35
Apr 2025 1712.9811687227104 -0.41 2.53
May 2025 1716.12201918993 0.18 2.51
Jun 2025 1722.2838991130352 0.36 2.63
Jul 2025 1734.590725404195 0.72 3.86
Aug 2025 1741.4907448014555 0.40 4.22
Sep 2025 1732.5963538935832 -0.51 3.01
Oct 2025 1730.1010217896678 -0.14 2.51
Nov 2025 1718.091323929269 -0.69 0.97
Dec 2025 1714.119908192993 -0.23 0.00
Jan 2026 1706.557627702313 -0.44 -1.52
Feb 2026 1715.7322530864196 0.54 -0.30