Germantown (City), Maryland - 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 Germantown (City), Maryland in February 2026 was $1,984.569. The month over month percentage change (MoM) was -0.04%, and the year over year percentage change (YoY) was 0.06%.

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

You can see similar information for other Maryland 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.
Germantown (City), MD - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Germantown (City), MD - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1383.9137087899746 NaN NaN
Feb 2015 1377.312384333817 -0.48 NaN
Mar 2015 1380.321794082425 0.22 NaN
Apr 2015 1372.678413004549 -0.55 NaN
May 2015 1376.190860139418 0.26 NaN
Jun 2015 1372.1141820089065 -0.30 NaN
Jul 2015 1372.0936541299257 0.00 NaN
Aug 2015 1375.6857338573782 0.26 NaN
Sep 2015 1376.9220885359557 0.09 NaN
Oct 2015 1382.7466639973075 0.42 NaN
Nov 2015 1392.5644757313096 0.71 NaN
Dec 2015 1401.247950104716 0.62 NaN
Jan 2016 1398.6415138056948 -0.19 1.06
Feb 2016 1390.5420523148669 -0.58 0.96
Mar 2016 1385.0735303580843 -0.39 0.34
Apr 2016 1388.8049333170213 0.27 1.18
May 2016 1399.0145917761834 0.74 1.66
Jun 2016 1401.2031871292954 0.16 2.12
Jul 2016 1400.9740966566987 -0.02 2.11
Aug 2016 1387.4640603580722 -0.96 0.86
Sep 2016 1391.426514735962 0.29 1.05
Oct 2016 1393.1326634951567 0.12 0.75
Nov 2016 1393.525097196176 0.03 0.07
Dec 2016 1387.4125869067593 -0.44 -0.99
Jan 2017 1390.244932934942 0.20 -0.60
Feb 2017 1400.1968603557739 0.72 0.69
Mar 2017 1413.8683209895644 0.98 2.08
Apr 2017 1413.6587337425324 -0.01 1.79
May 2017 1403.07441938547 -0.75 0.29
Jun 2017 1400.7219144515577 -0.17 -0.03
Jul 2017 1403.5825997808024 0.20 0.19
Aug 2017 1421.7234433472481 1.29 2.47
Sep 2017 1425.1785164792952 0.24 2.43
Oct 2017 1431.1832683387747 0.42 2.73
Nov 2017 1423.9603089576249 -0.50 2.18
Dec 2017 1422.1583352976634 -0.13 2.50
Jan 2018 1419.343384712384 -0.20 2.09
Feb 2018 1431.4448296197388 0.85 2.23
Mar 2018 1439.2498021565386 0.55 1.80
Apr 2018 1445.5531838953716 0.44 2.26
May 2018 1443.2173406413178 -0.16 2.86
Jun 2018 1449.691906884055 0.45 3.50
Jul 2018 1449.3075624492083 -0.03 3.26
Aug 2018 1450.5157495267554 0.08 2.03
Sep 2018 1444.8799324967633 -0.39 1.38
Oct 2018 1448.1020843600065 0.22 1.18
Nov 2018 1444.7798734981438 -0.23 1.46
Dec 2018 1459.003757917671 0.99 2.59
Jan 2019 1456.245887590744 -0.19 2.60
Feb 2019 1462.5247550152642 0.43 2.17
Mar 2019 1456.4785042855183 -0.41 1.20
Apr 2019 1456.83669424437 0.03 0.78
May 2019 1467.1244669110201 0.71 1.66
Jun 2019 1468.5811662447957 0.10 1.30
Jul 2019 1473.0827030346486 0.31 1.64
Aug 2019 1471.4693307881291 -0.11 1.45
Sep 2019 1478.7080913636182 0.49 2.34
Oct 2019 1478.2531236760342 -0.03 2.08
Nov 2019 1489.1874918180397 0.74 3.07
Dec 2019 1485.3338682515744 -0.26 1.81
Jan 2020 1493.5093409122248 0.55 2.56
Feb 2020 1486.1648270988112 -0.49 1.62
Mar 2020 1518.1239910729303 2.15 4.23
Apr 2020 1512.4288145982316 -0.37 3.82
May 2020 1509.372714632439 -0.20 2.88
Jun 2020 1500.5601318855863 -0.58 2.18
Jul 2020 1508.5451877765327 0.53 2.41
Aug 2020 1527.3319398427443 1.25 3.80
Sep 2020 1535.498240159296 0.54 3.84
Oct 2020 1548.6118138801387 0.85 4.76
Nov 2020 1541.79706811976 -0.44 3.53
Dec 2020 1547.39624570479 0.36 4.18
Jan 2021 1549.1903426378833 0.12 3.73
Feb 2021 1564.9027366789007 1.01 5.30
Mar 2021 1562.8477847612662 -0.13 2.95
Apr 2021 1576.1897144843033 0.85 4.22
May 2021 1596.6118045006529 1.30 5.78
Jun 2021 1616.8377045103887 1.27 7.75
Jul 2021 1633.124602511682 1.01 8.26
Aug 2021 1643.8691916989012 0.66 7.63
Sep 2021 1657.8649747502889 0.85 7.97
Oct 2021 1673.8888531205478 0.97 8.09
Nov 2021 1690.2146714693022 0.98 9.63
Dec 2021 1724.243794708236 2.01 11.43
Jan 2022 1740.2882948359493 0.93 12.34
Feb 2022 1762.4979753564787 1.28 12.63
Mar 2022 1759.004015443083 -0.20 12.55
Apr 2022 1766.7835003079067 0.44 12.09
May 2022 1766.2990811944246 -0.03 10.63
Jun 2022 1776.4046622518356 0.57 9.87
Jul 2022 1789.8061430518214 0.75 9.59
Aug 2022 1799.0073585477785 0.51 9.44
Sep 2022 1804.4546016311497 0.30 8.84
Oct 2022 1804.5851720360597 0.01 7.81
Nov 2022 1811.0993211767068 0.36 7.15
Dec 2022 1804.575798854646 -0.36 4.66
Jan 2023 1808.1186463486927 0.20 3.90
Feb 2023 1803.9752336705988 -0.23 2.35
Mar 2023 1828.6630432363079 1.37 3.96
Apr 2023 1849.525468869238 1.14 4.68
May 2023 1866.7794000449264 0.93 5.69
Jun 2023 1876.4858158283032 0.52 5.63
Jul 2023 1876.585136204488 0.01 4.85
Aug 2023 1879.6644545371425 0.16 4.48
Sep 2023 1890.4701732756507 0.57 4.77
Oct 2023 1896.4420304802827 0.32 5.09
Nov 2023 1908.686397699831 0.65 5.39
Dec 2023 1899.9063485290462 -0.46 5.28
Jan 2024 1906.1254409487012 0.33 5.42
Feb 2024 1904.7594606706548 -0.07 5.59
Mar 2024 1916.620656228613 0.62 4.81
Apr 2024 1916.5666209482424 0.00 3.63
May 2024 1924.6577476660793 0.42 3.10
Jun 2024 1932.4501193067595 0.41 2.98
Jul 2024 1945.6042486047952 0.68 3.68
Aug 2024 1960.4981287847256 0.77 4.30
Sep 2024 1967.3857840850344 0.35 4.07
Oct 2024 1967.506332845093 0.01 3.75
Nov 2024 1960.7044096409484 -0.35 2.73
Dec 2024 1971.2425488665592 0.54 3.76
Jan 2025 1970.056787188152 -0.06 3.35
Feb 2025 1983.3419642275899 0.67 4.13
Mar 2025 1974.7077935140887 -0.43 3.03
Apr 2025 1974.184491504389 -0.03 3.01
May 2025 1970.6000107430868 -0.18 2.39
Jun 2025 1968.5582572133749 -0.10 1.87
Jul 2025 1966.4123134545189 -0.11 1.07
Aug 2025 1962.383195054463 -0.20 0.10
Sep 2025 1960.9512831643221 -0.07 -0.33
Oct 2025 1967.5897021414992 0.34 0.00
Nov 2025 1974.4527805789064 0.35 0.70
Dec 2025 1980.1476330533703 0.29 0.45
Jan 2026 1985.3879872878017 0.27 0.78
Feb 2026 1984.5693226120857 -0.04 0.06