Parsippany (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 Parsippany (City), New Jersey in February 2026 was $2,590.717. The month over month percentage change (MoM) was 0.25%, and the year over year percentage change (YoY) was 3.63%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Parsippany (City), NJ. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Parsippany (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.
Parsippany (City), NJ - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Parsippany (City), NJ - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 0 NaN NaN
Oct 2020 0 NaN NaN
Nov 2020 0 NaN NaN
Dec 2020 0 NaN NaN
Jan 2021 0 NaN NaN
Feb 2021 0 NaN NaN
Mar 2021 0 NaN NaN
Apr 2021 0 NaN NaN
May 2021 0 NaN NaN
Jun 2021 0 NaN NaN
Jul 2021 0 NaN NaN
Aug 2021 0 NaN NaN
Sep 2021 0 NaN NaN
Oct 2021 0 NaN NaN
Nov 2021 0 NaN NaN
Dec 2021 2057.4648747869614 Infinity Infinity
Jan 2022 2075.7685589274915 0.89 Infinity
Feb 2022 2067.0255001734877 -0.42 Infinity
Mar 2022 2080.2933734674643 0.64 Infinity
Apr 2022 2130.774525929996 2.43 Infinity
May 2022 2165.6183434464388 1.64 Infinity
Jun 2022 2189.3772342857437 1.10 Infinity
Jul 2022 2209.219572086462 0.91 Infinity
Aug 2022 2219.389199010991 0.46 Infinity
Sep 2022 2229.3050858648926 0.45 Infinity
Oct 2022 2235.986935556033 0.30 Infinity
Nov 2022 2258.1820554316882 0.99 Infinity
Dec 2022 0 -100.00 -100.00
Jan 2023 2281.8633681483475 Infinity 9.93
Feb 2023 2291.1370504978995 0.41 10.84
Mar 2023 2309.8862500201003 0.82 11.04
Apr 2023 2301.0693637402173 -0.38 7.99
May 2023 2315.7830158266734 0.64 6.93
Jun 2023 2326.6038512824916 0.47 6.27
Jul 2023 2353.1870070015357 1.14 6.52
Aug 2023 2370.3543771366617 0.73 6.80
Sep 2023 2370.0726565801638 -0.01 6.31
Oct 2023 2396.8631597771473 1.13 7.20
Nov 2023 2412.2550605018014 0.64 6.82
Dec 2023 2433.734019494051 0.89 Infinity
Jan 2024 2444.358639636975 0.44 7.12
Feb 2024 2459.024019873397 0.60 7.33
Mar 2024 2444.731172578471 -0.58 5.84
Apr 2024 2425.6146613647284 -0.78 5.41
May 2024 2415.379413494244 -0.42 4.30
Jun 2024 2436.6293534241213 0.88 4.73
Jul 2024 2471.49665373501 1.43 5.03
Aug 2024 2481.4066723513324 0.40 4.68
Sep 2024 2490.4698946444914 0.37 5.08
Oct 2024 2507.6756923494536 0.69 4.62
Nov 2024 2505.0897271241543 -0.10 3.85
Dec 2024 2512.6199803627323 0.30 3.24
Jan 2025 2494.422328190054 -0.72 2.05
Feb 2025 2500.087896138754 0.23 1.67
Mar 2025 2522.6556041150257 0.90 3.19
Apr 2025 2554.801193484116 1.27 5.33
May 2025 2570.25467126715 0.61 6.41
Jun 2025 2564.7721344791253 -0.21 5.26
Jul 2025 2540.4741474131833 -0.95 2.79
Aug 2025 2543.2015975660097 0.11 2.49
Sep 2025 2554.5887850474824 0.45 2.58
Oct 2025 2547.647616479636 -0.27 1.59
Nov 2025 2557.3810023358537 0.38 2.09
Dec 2025 2558.3519928139444 0.04 1.82
Jan 2026 2584.240467667222 1.01 3.60
Feb 2026 2590.7166199813255 0.25 3.63