Grand Rapids (City), Michigan - 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 Grand Rapids (City), Michigan in February 2026 was $1,662.267. The month over month percentage change (MoM) was -0.17%, and the year over year percentage change (YoY) was 2.90%.

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

You can see similar information for other Michigan 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.
Grand Rapids (City), MI - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Grand Rapids (City), MI - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 833.4920293650657 NaN NaN
Feb 2015 838.363451085536 0.58 NaN
Mar 2015 843.8678856467214 0.66 NaN
Apr 2015 852.1665255829946 0.98 NaN
May 2015 859.5096815990784 0.86 NaN
Jun 2015 869.9300200650819 1.21 NaN
Jul 2015 879.1353862189299 1.06 NaN
Aug 2015 892.467658767348 1.52 NaN
Sep 2015 895.9463068384839 0.39 NaN
Oct 2015 901.9973510658378 0.68 NaN
Nov 2015 903.0511104071307 0.12 NaN
Dec 2015 912.7066408830615 1.07 NaN
Jan 2016 916.0791020876873 0.37 9.91
Feb 2016 920.0561348373196 0.43 9.74
Mar 2016 927.4482961322287 0.80 9.90
Apr 2016 935.3731588053281 0.85 9.76
May 2016 948.1174191688278 1.36 10.31
Jun 2016 956.0920820383164 0.84 9.90
Jul 2016 963.2661280793068 0.75 9.57
Aug 2016 963.716377571022 0.05 7.98
Sep 2016 968.5799893698413 0.51 8.11
Oct 2016 972.6475457350357 0.42 7.83
Nov 2016 986.7969880860356 1.46 9.27
Dec 2016 996.4300307264092 0.98 9.17
Jan 2017 1003.6904478025309 0.73 9.56
Feb 2017 1009.8828934533491 0.62 9.76
Mar 2017 1011.6188800823102 0.17 9.08
Apr 2017 1016.6650308165163 0.50 8.69
May 2017 1022.0153457257867 0.53 7.79
Jun 2017 1027.8408252041315 0.57 7.50
Jul 2017 1031.3015109659486 0.34 7.06
Aug 2017 1027.8616910785404 -0.33 6.66
Sep 2017 1033.4462710582325 0.54 6.70
Oct 2017 1041.8534394978062 0.81 7.12
Nov 2017 1042.6132865836216 0.07 5.66
Dec 2017 1037.8004984559925 -0.46 4.15
Jan 2018 1040.5181559683692 0.26 3.67
Feb 2018 1052.9425654881097 1.19 4.26
Mar 2018 1065.573696942228 1.20 5.33
Apr 2018 1073.3301758577627 0.73 5.57
May 2018 1073.2941576716105 0.00 5.02
Jun 2018 1075.0396056528436 0.16 4.59
Jul 2018 1077.4979974092873 0.23 4.48
Aug 2018 1089.8099731325153 1.14 6.03
Sep 2018 1095.9561442277586 0.56 6.05
Oct 2018 1100.1266945784291 0.38 5.59
Nov 2018 1102.6682909125204 0.23 5.76
Dec 2018 1112.1270479408004 0.86 7.16
Jan 2019 1117.202450173962 0.46 7.37
Feb 2019 1118.4768583052887 0.11 6.22
Mar 2019 1118.610324469778 0.01 4.98
Apr 2019 1120.6884312661068 0.19 4.41
May 2019 1127.6633694570405 0.62 5.07
Jun 2019 1133.9002885846635 0.55 5.48
Jul 2019 1140.8909503517566 0.62 5.88
Aug 2019 1144.8597064102366 0.35 5.05
Sep 2019 1148.242857376667 0.30 4.77
Oct 2019 1151.606576360457 0.29 4.68
Nov 2019 1157.9094768099546 0.55 5.01
Dec 2019 1162.2779631097176 0.38 4.51
Jan 2020 1166.9164849775873 0.40 4.45
Feb 2020 1169.6702527942045 0.24 4.58
Mar 2020 1178.4568147517775 0.75 5.35
Apr 2020 1176.641844637763 -0.15 4.99
May 2020 1176.9768013701544 0.03 4.37
Jun 2020 1179.9715047641437 0.25 4.06
Jul 2020 1184.6627753128912 0.40 3.84
Aug 2020 1184.9433850319945 0.02 3.50
Sep 2020 1191.5089759543844 0.55 3.77
Oct 2020 1207.1191973363304 1.31 4.82
Nov 2020 1219.5944484976526 1.03 5.33
Dec 2020 1224.2830334654566 0.38 5.34
Jan 2021 1218.565967281362 -0.47 4.43
Feb 2021 1224.5713421484886 0.49 4.69
Mar 2021 1238.9864568281992 1.18 5.14
Apr 2021 1253.6406782779468 1.18 6.54
May 2021 1265.7226089910496 0.96 7.54
Jun 2021 1275.330268226945 0.76 8.08
Jul 2021 1294.9359096790201 1.54 9.31
Aug 2021 1314.0726502265684 1.48 10.90
Sep 2021 1327.7912448186141 1.04 11.44
Oct 2021 1321.084786351686 -0.50 9.44
Nov 2021 1331.8180584904023 0.81 9.20
Dec 2021 1353.9419730243321 1.66 10.59
Jan 2022 1381.019172635818 2.00 13.33
Feb 2022 1393.0692885002231 0.87 13.76
Mar 2022 1389.3591901174664 -0.27 12.14
Apr 2022 1403.3393903936771 1.01 11.94
May 2022 1412.8025455794238 0.67 11.62
Jun 2022 1423.910633106424 0.79 11.65
Jul 2022 1430.0381991989757 0.43 10.43
Aug 2022 1441.7059400765775 0.82 9.71
Sep 2022 1455.1993846107948 0.94 9.60
Oct 2022 1467.6792261921732 0.86 11.10
Nov 2022 1467.0366819275955 -0.04 10.15
Dec 2022 1460.0169969720114 -0.48 7.84
Jan 2023 1462.2065156408905 0.15 5.88
Feb 2023 1465.1132858529245 0.20 5.17
Mar 2023 1476.2042348969412 0.76 6.25
Apr 2023 1478.9808040748314 0.19 5.39
May 2023 1494.7602162232945 1.07 5.80
Jun 2023 1504.321141487853 0.64 5.65
Jul 2023 1511.0068872989518 0.44 5.66
Aug 2023 1508.4685508960804 -0.17 4.63
Sep 2023 1511.5417339003184 0.20 3.87
Oct 2023 1518.689143150684 0.47 3.48
Nov 2023 1526.2894612152077 0.50 4.04
Dec 2023 1530.5339414139758 0.28 4.83
Jan 2024 1538.4956806681503 0.52 5.22
Feb 2024 1546.3783406225928 0.51 5.55
Mar 2024 1556.930667701443 0.68 5.47
Apr 2024 1556.7495215170372 -0.01 5.26
May 2024 1559.8095337217194 0.20 4.35
Jun 2024 1566.013362209484 0.40 4.10
Jul 2024 1573.6416168622948 0.49 4.14
Aug 2024 1584.0449451792613 0.66 5.01
Sep 2024 1588.5031004668535 0.28 5.09
Oct 2024 1590.7754723795238 0.14 4.75
Nov 2024 1588.5151154474763 -0.14 4.08
Dec 2024 1600.3760397219273 0.75 4.56
Jan 2025 1603.5368776376 0.20 4.23
Feb 2025 1615.4734536210292 0.74 4.47
Mar 2025 1617.2058982875071 0.11 3.87
Apr 2025 1627.4119873377215 0.63 4.54
May 2025 1629.2934248125923 0.12 4.46
Jun 2025 1631.3695162711301 0.13 4.17
Jul 2025 1634.3119139587066 0.18 3.86
Aug 2025 1638.2543959403258 0.24 3.42
Sep 2025 1643.514280017143 0.32 3.46
Oct 2025 1648.8905802755348 0.33 3.65
Nov 2025 1659.3630677652257 0.64 4.46
Dec 2025 1661.0565319517914 0.10 3.79
Jan 2026 1665.0896682531652 0.24 3.84
Feb 2026 1662.2672798434442 -0.17 2.90