Salem (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 Salem (City), Massachusetts in February 2026 was $2,576.376. The month over month percentage change (MoM) was -0.98%, and the year over year percentage change (YoY) was -0.51%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Salem (City), MA. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Salem (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.
Salem (City), MA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Salem (City), MA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 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 0 NaN NaN
Jun 2016 0 NaN NaN
Jul 2016 0 NaN NaN
Aug 2016 0 NaN NaN
Sep 2016 0 NaN NaN
Oct 2016 0 NaN NaN
Nov 2016 0 NaN NaN
Dec 2016 0 NaN NaN
Jan 2017 0 NaN NaN
Feb 2017 0 NaN NaN
Mar 2017 0 NaN NaN
Apr 2017 0 NaN NaN
May 2017 1702.3796852475527 Infinity Infinity
Jun 2017 1691.9916195126357 -0.61 Infinity
Jul 2017 1675.4042237480853 -0.98 Infinity
Aug 2017 1670.6209398639587 -0.29 Infinity
Sep 2017 1707.638802400646 2.22 Infinity
Oct 2017 1739.5596437758584 1.87 Infinity
Nov 2017 1777.902043308084 2.20 Infinity
Dec 2017 1773.1802836702707 -0.27 Infinity
Jan 2018 1781.8694633197233 0.49 Infinity
Feb 2018 1772.95099063785 -0.50 Infinity
Mar 2018 1764.1023069080782 -0.50 Infinity
Apr 2018 1781.5918990378232 0.99 Infinity
May 2018 1781.193363643328 -0.02 4.63
Jun 2018 1782.022531019492 0.05 5.32
Jul 2018 1780.1905033091123 -0.10 6.25
Aug 2018 1788.280997315765 0.45 7.04
Sep 2018 1800.9236198516862 0.71 5.46
Oct 2018 1804.4365403733789 0.20 3.73
Nov 2018 1820.1125759344934 0.87 2.37
Dec 2018 1808.9790807762217 -0.61 2.02
Jan 2019 1810.0409271509411 0.06 1.58
Feb 2019 1824.445547347134 0.80 2.90
Mar 2019 1834.1106235646134 0.53 3.97
Apr 2019 1823.1754113426382 -0.60 2.33
May 2019 1845.6861270721613 1.24 3.62
Jun 2019 1861.992246581315 0.88 4.49
Jul 2019 1886.6301144356755 1.32 5.98
Aug 2019 1899.937899291193 0.71 6.24
Sep 2019 1891.0256213103696 -0.47 5.00
Oct 2019 1894.092566812881 0.16 4.97
Nov 2019 1889.414578546028 -0.25 3.81
Dec 2019 1930.5457833712626 2.18 6.72
Jan 2020 1952.330049868943 1.13 7.86
Feb 2020 1966.9002467886219 0.75 7.81
Mar 2020 1942.9827156826398 -1.22 5.94
Apr 2020 1928.6349163429925 -0.74 5.78
May 2020 1931.6672151357893 0.16 4.66
Jun 2020 1905.5339145041544 -1.35 2.34
Jul 2020 1929.4708468026704 1.26 2.27
Aug 2020 1945.559415647621 0.83 2.40
Sep 2020 1961.3563151283429 0.81 3.72
Oct 2020 1951.0447430284437 -0.53 3.01
Nov 2020 1943.4401041610142 -0.39 2.86
Dec 2020 1939.6581074363637 -0.19 0.47
Jan 2021 1943.2716958771412 0.19 -0.46
Feb 2021 1959.0155035500236 0.81 -0.40
Mar 2021 1981.1205551257474 1.13 1.96
Apr 2021 2002.8735148648989 1.10 3.85
May 2021 2008.3158360340165 0.27 3.97
Jun 2021 2032.0222047288094 1.18 6.64
Jul 2021 2040.7763687637355 0.43 5.77
Aug 2021 2072.3209619881873 1.55 6.52
Sep 2021 2096.917243547582 1.19 6.91
Oct 2021 2136.669793125162 1.90 9.51
Nov 2021 2169.6087504560032 1.54 11.64
Dec 2021 2197.781359351415 1.30 13.31
Jan 2022 2199.5451161166798 0.08 13.19
Feb 2022 2202.230632125923 0.12 12.42
Mar 2022 2199.9520346790596 -0.10 11.05
Apr 2022 2212.673224338438 0.58 10.48
May 2022 2234.6237363164673 0.99 11.27
Jun 2022 2266.3001888469857 1.42 11.53
Jul 2022 2299.3001854456206 1.46 12.67
Aug 2022 2293.689811728576 -0.24 10.68
Sep 2022 2304.938412827197 0.49 9.92
Oct 2022 2302.6200403560756 -0.10 7.77
Nov 2022 2322.9935116918814 0.89 7.07
Dec 2022 2322.033144787319 -0.04 5.65
Jan 2023 2337.0867899824416 0.65 6.25
Feb 2023 2356.0830198322765 0.81 6.99
Mar 2023 2373.418691751871 0.74 7.89
Apr 2023 2391.8351198487403 0.78 8.10
May 2023 2401.8420060170074 0.42 7.48
Jun 2023 2418.0773155304787 0.68 6.70
Jul 2023 2418.341359197917 0.01 5.18
Aug 2023 2449.399283386186 1.28 6.79
Sep 2023 2445.1148972657334 -0.17 6.08
Oct 2023 2459.7859807308414 0.60 6.83
Nov 2023 2444.5953814277423 -0.62 5.24
Dec 2023 2473.1835341842025 1.17 6.51
Jan 2024 2494.5675915770275 0.87 6.74
Feb 2024 2507.9429526779345 0.54 6.45
Mar 2024 2535.3800364769572 1.09 6.82
Apr 2024 2532.507841651947 -0.11 5.88
May 2024 2538.5775102020107 0.24 5.69
Jun 2024 2535.0050572386663 -0.14 4.84
Jul 2024 2547.868640835787 0.51 5.36
Aug 2024 2533.004569290241 -0.58 3.41
Sep 2024 2531.909519781367 -0.04 3.55
Oct 2024 2531.2284468511043 -0.03 2.90
Nov 2024 2545.265366459109 0.56 4.12
Dec 2024 2558.5451179141555 0.52 3.45
Jan 2025 2566.7170457649113 0.32 2.89
Feb 2025 2589.7081211398454 0.90 3.26
Mar 2025 2583.4911728519396 -0.24 1.90
Apr 2025 2595.2755721513236 0.46 2.48
May 2025 2601.3230417206296 0.23 2.47
Jun 2025 2607.138072018666 0.22 2.85
Jul 2025 2607.2042713701367 0.00 2.33
Aug 2025 2618.824572771512 0.45 3.39
Sep 2025 2632.1546974397243 0.51 3.96
Oct 2025 2635.8240090861696 0.14 4.13
Nov 2025 2636.0216501371897 0.01 3.57
Dec 2025 2617.4850489370924 -0.70 2.30
Jan 2026 2601.962877529819 -0.59 1.37
Feb 2026 2576.375816993464 -0.98 -0.51