Boston (City), Massachusetts - 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 Boston (City), Massachusetts in February 2026 was $3,510.27. The month over month percentage change (MoM) was 0.15%, and the year over year percentage change (YoY) was 1.35%.

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

You can see similar information for other Massachusetts 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.
Boston (City), MA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Boston (City), MA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 2355.5265884488117 NaN NaN
Feb 2015 2360.4650295001816 0.21 NaN
Mar 2015 2372.094570325574 0.49 NaN
Apr 2015 2384.8715079373433 0.54 NaN
May 2015 2393.881791014233 0.38 NaN
Jun 2015 2400.9333565488196 0.30 NaN
Jul 2015 2399.298790909413 -0.07 NaN
Aug 2015 2405.5354287563337 0.26 NaN
Sep 2015 2415.187556617894 0.40 NaN
Oct 2015 2433.956303664885 0.78 NaN
Nov 2015 2452.2778381548646 0.75 NaN
Dec 2015 2460.5731162195307 0.34 NaN
Jan 2016 2461.4560189704785 0.04 4.50
Feb 2016 2464.4387188931396 0.12 4.41
Mar 2016 2464.3144482658686 0.00 3.89
Apr 2016 2469.0297372874934 0.19 3.53
May 2016 2471.3552487375823 0.09 3.24
Jun 2016 2479.2999562495684 0.32 3.26
Jul 2016 2490.624759652423 0.46 3.81
Aug 2016 2503.908910371633 0.53 4.09
Sep 2016 2517.2555565635107 0.53 4.23
Oct 2016 2526.1544362739337 0.35 3.79
Nov 2016 2520.39074665665 -0.23 2.78
Dec 2016 2516.0134324719793 -0.17 2.25
Jan 2017 2526.0356660590123 0.40 2.62
Feb 2017 2544.8362240031583 0.74 3.26
Mar 2017 2563.1966692580945 0.72 4.01
Apr 2017 2568.6349701441836 0.21 4.03
May 2017 2570.223868667047 0.06 4.00
Jun 2017 2572.809838765012 0.10 3.77
Jul 2017 2577.8293373303554 0.20 3.50
Aug 2017 2584.7337807792733 0.27 3.23
Sep 2017 2581.561179154093 -0.12 2.56
Oct 2017 2580.9079881118187 -0.02 2.17
Nov 2017 2590.2327961495403 0.36 2.77
Dec 2017 2616.5914759699 1.02 4.00
Jan 2018 2631.228728253159 0.56 4.16
Feb 2018 2634.550774468804 0.13 3.53
Mar 2018 2636.48791459705 0.07 2.86
Apr 2018 2644.528808486364 0.31 2.96
May 2018 2653.5491254206177 0.34 3.24
Jun 2018 2657.136597934699 0.14 3.28
Jul 2018 2659.7856230612188 0.10 3.18
Aug 2018 2661.469270891521 0.06 2.97
Sep 2018 2665.672171233449 0.16 3.26
Oct 2018 2679.8842457738547 0.53 3.84
Nov 2018 2692.861957655977 0.48 3.96
Dec 2018 2702.4018564875378 0.35 3.28
Jan 2019 2705.074424546675 0.10 2.81
Feb 2019 2707.3900816190603 0.09 2.77
Mar 2019 2715.132113822482 0.29 2.98
Apr 2019 2723.275301446896 0.30 2.98
May 2019 2732.976510018466 0.36 2.99
Jun 2019 2745.059639043396 0.44 3.31
Jul 2019 2755.929130259396 0.40 3.62
Aug 2019 2765.690483551655 0.35 3.92
Sep 2019 2778.0488083279997 0.45 4.22
Oct 2019 2781.886728473954 0.14 3.81
Nov 2019 2784.6239755901415 0.10 3.41
Dec 2019 2781.477890598608 -0.11 2.93
Jan 2020 2786.5901602525537 0.18 3.01
Feb 2020 2795.6166893768786 0.32 3.26
Mar 2020 2799.237636795178 0.13 3.10
Apr 2020 2791.9175335766745 -0.26 2.52
May 2020 2770.717405611014 -0.76 1.38
Jun 2020 2743.260456633027 -0.99 -0.07
Jul 2020 0 -100.00 -100.00
Aug 2020 0 NaN -100.00
Sep 2020 0 NaN -100.00
Oct 2020 2575.9703657811033 Infinity -7.40
Nov 2020 2550.926949850149 -0.97 -8.39
Dec 2020 2551.994928643278 0.04 -8.25
Jan 2021 2579.0335273318756 1.06 -7.45
Feb 2021 2614.203977470046 1.36 -6.49
Mar 2021 2643.7867808349547 1.13 -5.55
Apr 2021 2656.784457043977 0.49 -4.84
May 2021 2679.6942366504068 0.86 -3.28
Jun 2021 2708.311667360046 1.07 -1.27
Jul 2021 2744.733688250547 1.35 Infinity
Aug 2021 2776.297146689751 1.15 Infinity
Sep 2021 2809.223405043071 1.19 Infinity
Oct 2021 2851.326218066665 1.50 10.69
Nov 2021 2887.139583563558 1.26 13.18
Dec 2021 2911.5552770919717 0.85 14.09
Jan 2022 2923.6164612454027 0.41 13.36
Feb 2022 2921.5011055020505 -0.07 11.76
Mar 2022 2930.0911868084136 0.29 10.83
Apr 2022 2948.784358553288 0.64 10.99
May 2022 2978.4792207627024 1.01 11.15
Jun 2022 3007.2939541108067 0.97 11.04
Jul 2022 3035.1409547661556 0.93 10.58
Aug 2022 3074.4129334271292 1.29 10.74
Sep 2022 3120.046771315348 1.48 11.06
Oct 2022 3145.5022462915085 0.82 10.32
Nov 2022 3154.743833019855 0.29 9.27
Dec 2022 3156.3902883675078 0.05 8.41
Jan 2023 3160.137571692924 0.12 8.09
Feb 2023 3179.123769817303 0.60 8.82
Mar 2023 3193.315095563431 0.45 8.98
Apr 2023 3221.8693640807123 0.89 9.26
May 2023 3238.7092095316043 0.52 8.74
Jun 2023 3255.339401393158 0.51 8.25
Jul 2023 3268.972960602236 0.42 7.70
Aug 2023 3291.2080035540635 0.68 7.05
Sep 2023 3305.5720573062613 0.44 5.95
Oct 2023 3322.696106889017 0.52 5.63
Nov 2023 3334.1230873829963 0.34 5.69
Dec 2023 3343.0027064920573 0.27 5.91
Jan 2024 3343.7973493454065 0.02 5.81
Feb 2024 3353.202592558322 0.28 5.48
Mar 2024 3366.8634643740843 0.41 5.44
Apr 2024 3380.2364249140787 0.40 4.92
May 2024 3384.9389165645107 0.14 4.51
Jun 2024 3392.866798627154 0.23 4.22
Jul 2024 3399.9824852331135 0.21 4.01
Aug 2024 3393.0285902008095 -0.20 3.09
Sep 2024 3392.949312017388 0.00 2.64
Oct 2024 3397.194235970161 0.13 2.24
Nov 2024 3421.2352972075114 0.71 2.61
Dec 2024 3438.4789004806576 0.50 2.86
Jan 2025 3459.4181619352585 0.61 3.46
Feb 2025 3463.488498427117 0.12 3.29
Mar 2025 3473.083829702991 0.28 3.16
Apr 2025 3472.3872345654568 -0.02 2.73
May 2025 3480.1970559273022 0.23 2.81
Jun 2025 3484.6063136146804 0.13 2.70
Jul 2025 3490.284796660629 0.16 2.66
Aug 2025 3499.437184598192 0.26 3.14
Sep 2025 3505.0055086324087 0.16 3.30
Oct 2025 3508.97572184812 0.11 3.29
Nov 2025 3502.8862831628453 -0.17 2.39
Dec 2025 3504.017080555548 0.03 1.91
Jan 2026 3504.8934390449435 0.03 1.32
Feb 2026 3510.2698934904997 0.15 1.35