Minneapolis (City), Minnesota - 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 Minneapolis (City), Minnesota in February 2026 was $1,638.248. The month over month percentage change (MoM) was 0.44%, and the year over year percentage change (YoY) was 5.01%.

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

You can see similar information for other Minnesota 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.
Minneapolis (City), MN - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Minneapolis (City), MN - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1146.1819598245952 NaN NaN
Feb 2015 1148.8658916803731 0.23 NaN
Mar 2015 1147.478738032964 -0.12 NaN
Apr 2015 1145.451576773518 -0.18 NaN
May 2015 1152.655054690368 0.63 NaN
Jun 2015 1157.982331453133 0.46 NaN
Jul 2015 1172.6740301895893 1.27 NaN
Aug 2015 1171.4064513769013 -0.11 NaN
Sep 2015 1178.131216734748 0.57 NaN
Oct 2015 1174.096746844448 -0.34 NaN
Nov 2015 1184.4715219394154 0.88 NaN
Dec 2015 1188.573099789912 0.35 NaN
Jan 2016 1197.5611386379749 0.76 4.48
Feb 2016 1196.1238981848226 -0.12 4.11
Mar 2016 1200.9290075956962 0.40 4.66
Apr 2016 1206.0759640014646 0.43 5.29
May 2016 1214.9651692934892 0.74 5.41
Jun 2016 1220.5388597806261 0.46 5.40
Jul 2016 1222.1732564542956 0.13 4.22
Aug 2016 1230.752180139822 0.70 5.07
Sep 2016 1237.4294217596882 0.54 5.03
Oct 2016 1248.5207829000217 0.90 6.34
Nov 2016 1253.185578105335 0.37 5.80
Dec 2016 1252.7301585369328 -0.04 5.40
Jan 2017 1253.4786359427892 0.06 4.67
Feb 2017 1262.0975447916926 0.69 5.52
Mar 2017 1268.877141295172 0.54 5.66
Apr 2017 1277.9151936239407 0.71 5.96
May 2017 1279.178848634535 0.10 5.29
Jun 2017 1288.8313132555681 0.76 5.60
Jul 2017 1291.9459168205838 0.24 5.71
Aug 2017 1302.7935948507575 0.84 5.85
Sep 2017 1307.9523643200375 0.40 5.70
Oct 2017 1314.1766935989424 0.48 5.26
Nov 2017 1309.3225976913955 -0.37 4.48
Dec 2017 1320.1916224941801 0.83 5.39
Jan 2018 1322.6269067709604 0.18 5.52
Feb 2018 1337.4151941085938 1.12 5.97
Mar 2018 1337.210004719029 -0.01 5.39
Apr 2018 1340.0758391297966 0.21 4.86
May 2018 1338.0748170340044 -0.15 4.60
Jun 2018 1338.1287317345311 0.00 3.83
Jul 2018 1346.959135086628 0.66 4.26
Aug 2018 1349.55731892891 0.19 3.59
Sep 2018 1353.180813970547 0.27 3.46
Oct 2018 1354.587936134351 0.10 3.08
Nov 2018 1366.138400822146 0.85 4.34
Dec 2018 1371.1823888771683 0.37 3.86
Jan 2019 1378.2362415318166 0.51 4.20
Feb 2019 1374.0716015521743 -0.30 2.74
Mar 2019 1382.0189518114912 0.58 3.35
Apr 2019 1386.3783882619587 0.32 3.46
May 2019 1397.199222730927 0.78 4.42
Jun 2019 1402.9340200224262 0.41 4.84
Jul 2019 1405.5943507300353 0.19 4.35
Aug 2019 1408.1955506789104 0.19 4.35
Sep 2019 1412.9763201567291 0.34 4.42
Oct 2019 1418.2540476461372 0.37 4.70
Nov 2019 1421.9928407819766 0.26 4.09
Dec 2019 1424.2119584566465 0.16 3.87
Jan 2020 1428.6688347490476 0.31 3.66
Feb 2020 1434.145512610145 0.38 4.37
Mar 2020 1432.7333596139258 -0.10 3.67
Apr 2020 1426.0030068821084 -0.47 2.86
May 2020 1417.621596610843 -0.59 1.46
Jun 2020 1418.0439117756391 0.03 1.08
Jul 2020 1417.2764519826126 -0.05 0.83
Aug 2020 1417.9622302569815 0.05 0.69
Sep 2020 1411.5068959998082 -0.45 -0.10
Oct 2020 1404.6580165208911 -0.48 -0.96
Nov 2020 1401.0457384097433 -0.26 -1.47
Dec 2020 1396.6504179734018 -0.31 -1.93
Jan 2021 1393.7597542832095 -0.21 -2.44
Feb 2021 1387.6229538266468 -0.44 -3.24
Mar 2021 1389.7121774388158 0.15 -3.00
Apr 2021 1396.3216121663772 0.48 -2.08
May 2021 1405.6427316701247 0.67 -0.84
Jun 2021 1415.5177118173415 0.70 -0.18
Jul 2021 1421.7259304080148 0.44 0.31
Aug 2021 1424.8308578340045 0.22 0.48
Sep 2021 1433.3950196929025 0.60 1.55
Oct 2021 1440.486803395552 0.50 2.55
Nov 2021 1450.8720497791899 0.72 3.56
Dec 2021 1455.6173097266976 0.33 4.22
Jan 2022 1460.4096708502634 0.33 4.78
Feb 2022 1464.166453893085 0.26 5.52
Mar 2022 1466.9139233362548 0.19 5.56
Apr 2022 1471.1998064466645 0.29 5.36
May 2022 1475.0860670170778 0.26 4.94
Jun 2022 1477.3790722825404 0.16 4.37
Jul 2022 1480.3070225547067 0.20 4.12
Aug 2022 1484.982674923921 0.32 4.22
Sep 2022 1487.672373472571 0.18 3.79
Oct 2022 1487.3209656099036 -0.02 3.25
Nov 2022 1483.017125316113 -0.29 2.22
Dec 2022 1487.1428599616586 0.28 2.17
Jan 2023 1488.7366183433896 0.11 1.94
Feb 2023 1494.7711727335259 0.41 2.09
Mar 2023 1494.5808651625343 -0.01 1.89
Apr 2023 1495.5028841646401 0.06 1.65
May 2023 1493.6980884884279 -0.12 1.26
Jun 2023 1493.2941532808536 -0.03 1.08
Jul 2023 1496.8847064538802 0.24 1.12
Aug 2023 1499.3195552177708 0.16 0.97
Sep 2023 1498.3824590478214 -0.06 0.72
Oct 2023 1504.7706643692986 0.43 1.17
Nov 2023 1509.810599074332 0.34 1.81
Dec 2023 1516.4276905721067 0.44 1.97
Jan 2024 1516.7684462966238 0.02 1.88
Feb 2024 1521.6402687750392 0.32 1.80
Mar 2024 1527.2721789876666 0.37 2.19
Apr 2024 1531.107014744209 0.25 2.38
May 2024 1532.9639953979727 0.12 2.63
Jun 2024 1533.358721463377 0.03 2.68
Jul 2024 1533.0255855879293 -0.02 2.41
Aug 2024 1536.6065892955287 0.23 2.49
Sep 2024 1541.7443596641715 0.33 2.89
Oct 2024 1547.0566330439426 0.35 2.81
Nov 2024 1552.286146437177 0.34 2.81
Dec 2024 1552.5148644410456 0.02 2.38
Jan 2025 1557.3193905174685 0.31 2.67
Feb 2025 1560.0264941695314 0.17 2.52
Mar 2025 1564.2924519720366 0.27 2.42
Apr 2025 1569.185080291585 0.31 2.49
May 2025 1577.1441703809353 0.51 2.88
Jun 2025 1586.1906589099285 0.57 3.45
Jul 2025 1594.0956994943006 0.50 3.98
Aug 2025 1599.5587111368834 0.34 4.10
Sep 2025 1606.007394404946 0.40 4.17
Oct 2025 1609.7125456176286 0.23 4.05
Nov 2025 1615.3169634909289 0.35 4.06
Dec 2025 1622.9356310529986 0.47 4.54
Jan 2026 1631.0998295344157 0.50 4.74
Feb 2026 1638.248304481988 0.44 5.01