Elizabeth (City), New Jersey - 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 Elizabeth (City), New Jersey in February 2026 was $2,292.504. The month over month percentage change (MoM) was -0.65%, and the year over year percentage change (YoY) was 1.03%.

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

You can see similar information for other New Jersey 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.
Elizabeth (City), NJ - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Elizabeth (City), NJ - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 0 NaN NaN
Jun 2017 0 NaN NaN
Jul 2017 0 NaN NaN
Aug 2017 0 NaN NaN
Sep 2017 0 NaN NaN
Oct 2017 0 NaN NaN
Nov 2017 0 NaN NaN
Dec 2017 0 NaN NaN
Jan 2018 0 NaN NaN
Feb 2018 0 NaN NaN
Mar 2018 0 NaN NaN
Apr 2018 0 NaN NaN
May 2018 0 NaN NaN
Jun 2018 0 NaN NaN
Jul 2018 0 NaN NaN
Aug 2018 0 NaN NaN
Sep 2018 0 NaN NaN
Oct 2018 0 NaN NaN
Nov 2018 0 NaN NaN
Dec 2018 0 NaN NaN
Jan 2019 0 NaN NaN
Feb 2019 0 NaN NaN
Mar 2019 0 NaN NaN
Apr 2019 0 NaN NaN
May 2019 0 NaN NaN
Jun 2019 0 NaN NaN
Jul 2019 0 NaN NaN
Aug 2019 0 NaN NaN
Sep 2019 0 NaN NaN
Oct 2019 0 NaN NaN
Nov 2019 0 NaN NaN
Dec 2019 0 NaN NaN
Jan 2020 0 NaN NaN
Feb 2020 0 NaN NaN
Mar 2020 0 NaN NaN
Apr 2020 0 NaN NaN
May 2020 0 NaN NaN
Jun 2020 0 NaN NaN
Jul 2020 0 NaN NaN
Aug 2020 0 NaN NaN
Sep 2020 1585.3771004394039 Infinity Infinity
Oct 2020 1592.2382543107433 0.43 Infinity
Nov 2020 1594.9121020204561 0.17 Infinity
Dec 2020 1627.980743692616 2.07 Infinity
Jan 2021 1637.555208250988 0.59 Infinity
Feb 2021 1629.1942871578349 -0.51 Infinity
Mar 2021 1647.8872956932985 1.15 Infinity
Apr 2021 1671.3247701064392 1.42 Infinity
May 2021 1697.3220680255424 1.56 Infinity
Jun 2021 1687.052880704058 -0.60 Infinity
Jul 2021 1692.4547591057797 0.32 Infinity
Aug 2021 1701.1385532807694 0.51 Infinity
Sep 2021 1738.9188159435091 2.22 9.69
Oct 2021 1751.9321915248313 0.75 10.03
Nov 2021 1773.5766346154194 1.24 11.20
Dec 2021 1782.8785685735372 0.52 9.52
Jan 2022 1790.8850004579135 0.45 9.36
Feb 2022 1824.191168436133 1.86 11.97
Mar 2022 1823.4557169128707 -0.04 10.65
Apr 2022 1838.642689187393 0.83 10.01
May 2022 1872.9575865021561 1.87 10.35
Jun 2022 1903.3518683961886 1.62 12.82
Jul 2022 1941.9089674643892 2.03 14.74
Aug 2022 1937.0669318229616 -0.25 13.87
Sep 2022 1943.0781468385176 0.31 11.74
Oct 2022 1964.4411919738513 1.10 12.13
Nov 2022 1990.787806423377 1.34 12.25
Dec 2022 1976.597589082982 -0.71 10.87
Jan 2023 2004.7040985561373 1.42 11.94
Feb 2023 2015.445742440546 0.54 10.48
Mar 2023 2051.299960874658 1.78 12.50
Apr 2023 2031.8260058413355 -0.95 10.51
May 2023 2008.0286243122532 -1.17 7.21
Jun 2023 2016.9848648444897 0.45 5.97
Jul 2023 2008.2722804598013 -0.43 3.42
Aug 2023 2046.826015244553 1.92 5.67
Sep 2023 2077.3478156935575 1.49 6.91
Oct 2023 2101.0478735998436 1.14 6.95
Nov 2023 2106.5342968146615 0.26 5.81
Dec 2023 2123.925003312963 0.83 7.45
Jan 2024 2120.6174349678004 -0.16 5.78
Feb 2024 2122.4512265662706 0.09 5.31
Mar 2024 2112.534900794796 -0.47 2.99
Apr 2024 2129.2589306012765 0.79 4.80
May 2024 2160.1301858699117 1.45 7.58
Jun 2024 2181.5483792352147 0.99 8.16
Jul 2024 2226.083016602808 2.04 10.85
Aug 2024 2235.9622025824233 0.44 9.24
Sep 2024 2230.659507301135 -0.24 7.38
Oct 2024 2210.551521491917 -0.90 5.21
Nov 2024 2204.6596481091965 -0.27 4.66
Dec 2024 2224.619990868638 0.91 4.74
Jan 2025 2239.62898795173 0.68 5.61
Feb 2025 2269.0496207857273 1.31 6.91
Mar 2025 2285.1917595314676 0.71 8.17
Apr 2025 2303.5678590381976 0.80 8.19
May 2025 2306.9235527644323 0.15 6.80
Jun 2025 2301.903030124769 -0.22 5.52
Jul 2025 2284.648240947083 -0.75 2.63
Aug 2025 2278.789147566215 -0.26 1.92
Sep 2025 2284.6864589681204 0.26 2.42
Oct 2025 2302.0401566383507 0.76 4.14
Nov 2025 2315.2663232907125 0.57 5.02
Dec 2025 2309.8554567160727 -0.23 3.83
Jan 2026 2307.5836301572886 -0.10 3.03
Feb 2026 2292.5042735042734 -0.65 1.03