Providence (City), Rhode Island - 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 Providence (City), Rhode Island in February 2026 was $2,187.461. The month over month percentage change (MoM) was 0.34%, and the year over year percentage change (YoY) was 5.78%.

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

You can see similar information for other Rhode Island 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.
Providence (City), RI - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Providence (City), RI - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1084.443294872763 NaN NaN
Feb 2015 1102.5305186734506 1.67 NaN
Mar 2015 1111.9597045968685 0.86 NaN
Apr 2015 1125.8332729651265 1.25 NaN
May 2015 1123.2949633085555 -0.22 NaN
Jun 2015 1132.0210256402322 0.78 NaN
Jul 2015 1118.0213101639615 -1.24 NaN
Aug 2015 1120.755119291064 0.25 NaN
Sep 2015 1129.378883887631 0.77 NaN
Oct 2015 1153.849678796085 2.17 NaN
Nov 2015 1171.9472172779022 1.57 NaN
Dec 2015 1177.6700349207524 0.49 NaN
Jan 2016 1181.0664710344483 0.29 8.91
Feb 2016 1180.13828596366 -0.08 7.04
Mar 2016 1180.4677665956942 0.03 6.16
Apr 2016 1176.9379481534206 -0.30 4.54
May 2016 1184.14525863886 0.61 5.42
Jun 2016 1181.726251191538 -0.20 4.39
Jul 2016 1205.1888889245747 1.99 7.80
Aug 2016 1209.5084624622114 0.36 7.92
Sep 2016 1220.0992571558288 0.88 8.03
Oct 2016 1224.034184774701 0.32 6.08
Nov 2016 1234.112473938792 0.82 5.30
Dec 2016 1251.5960851071 1.42 6.28
Jan 2017 1259.6031532050915 0.64 6.65
Feb 2017 1259.6153158732493 0.00 6.74
Mar 2017 1266.439990015424 0.54 7.28
Apr 2017 1266.9227965893 0.04 7.65
May 2017 1275.2049230540679 0.65 7.69
Jun 2017 1275.8417192212835 0.05 7.96
Jul 2017 1280.1580954295293 0.34 6.22
Aug 2017 1287.2749106127344 0.56 6.43
Sep 2017 1296.165486882511 0.69 6.23
Oct 2017 1300.1975549419794 0.31 6.22
Nov 2017 1303.8667664152229 0.28 5.65
Dec 2017 1305.5986012454352 0.13 4.32
Jan 2018 1305.743190323928 0.01 3.66
Feb 2018 1313.026523818406 0.56 4.24
Mar 2018 1318.4318002298228 0.41 4.11
Apr 2018 1331.441490546026 0.99 5.09
May 2018 1332.5380883675216 0.08 4.50
Jun 2018 1336.8466018385043 0.32 4.78
Jul 2018 1343.4987962018529 0.50 4.95
Aug 2018 1353.9868726703296 0.78 5.18
Sep 2018 1362.6199309645833 0.64 5.13
Oct 2018 1368.5451437319218 0.44 5.26
Nov 2018 1373.4898538389348 0.36 5.34
Dec 2018 1367.845412892795 -0.41 4.77
Jan 2019 1377.1799387767628 0.68 5.47
Feb 2019 1377.395825801105 0.02 4.90
Mar 2019 1383.1105861428903 0.42 4.91
Apr 2019 1386.9290335020328 0.28 4.17
May 2019 1394.5083125378155 0.55 4.65
Jun 2019 1405.6150288580056 0.80 5.14
Jul 2019 1408.3439495990847 0.19 4.83
Aug 2019 1410.8842581105068 0.18 4.20
Sep 2019 1412.907085374851 0.14 3.69
Oct 2019 1421.198470201958 0.59 3.85
Nov 2019 1429.7862036204306 0.60 4.10
Dec 2019 1447.0671593657303 1.21 5.79
Jan 2020 1456.1694974093118 0.63 5.74
Feb 2020 1471.557808986911 1.06 6.84
Mar 2020 1458.810522303823 -0.87 5.47
Apr 2020 1464.583953429698 0.40 5.60
May 2020 1450.9479680635006 -0.93 4.05
Jun 2020 1459.4629347325595 0.59 3.83
Jul 2020 1467.0742791258936 0.52 4.17
Aug 2020 1490.6356591584806 1.61 5.65
Sep 2020 1495.3098172999153 0.31 5.83
Oct 2020 1504.9546508986061 0.65 5.89
Nov 2020 1506.1968481741042 0.08 5.34
Dec 2020 1516.9665960453042 0.72 4.83
Jan 2021 1524.2459889263648 0.48 4.68
Feb 2021 1546.7998511558903 1.48 5.11
Mar 2021 1554.8882462115366 0.52 6.59
Apr 2021 1572.1650129471957 1.11 7.35
May 2021 1586.0389070919027 0.88 9.31
Jun 2021 1595.820851239992 0.62 9.34
Jul 2021 1611.506815858793 0.98 9.85
Aug 2021 1623.2316569161308 0.73 8.90
Sep 2021 1650.5246633698107 1.68 10.38
Oct 2021 1666.1192988289197 0.95 10.71
Nov 2021 1682.215410853274 0.97 11.69
Dec 2021 1689.8197247489236 0.45 11.40
Jan 2022 1706.1653499021434 0.97 11.94
Feb 2022 1714.127894734769 0.47 10.82
Mar 2022 1735.1052315641423 1.22 11.59
Apr 2022 1743.5075129339 0.48 10.90
May 2022 1769.4347996423667 1.49 11.56
Jun 2022 1791.46633645432 1.25 12.26
Jul 2022 1805.3348857880524 0.77 12.03
Aug 2022 1814.8505148382023 0.53 11.81
Sep 2022 1813.0410963648574 -0.10 9.85
Oct 2022 1835.1541422590483 1.22 10.15
Nov 2022 1849.4134027933876 0.78 9.94
Dec 2022 1866.69913814376 0.94 10.47
Jan 2023 1865.0499840394339 -0.09 9.31
Feb 2023 1870.9370940971908 0.32 9.15
Mar 2023 1880.2460488645884 0.50 8.37
Apr 2023 1891.5327593403404 0.60 8.49
May 2023 1893.747956167723 0.12 7.03
Jun 2023 1899.6954017874539 0.31 6.04
Jul 2023 1922.5007380299155 1.20 6.49
Aug 2023 1947.8061002534273 1.32 7.33
Sep 2023 1968.1653287066251 1.05 8.56
Oct 2023 1960.8768641778727 -0.37 6.85
Nov 2023 1964.450740365247 0.18 6.22
Dec 2023 1970.924902129408 0.33 5.58
Jan 2024 1984.895651094006 0.71 6.43
Feb 2024 1997.4943765252697 0.64 6.76
Mar 2024 2007.1415655667108 0.48 6.75
Apr 2024 2020.8694379601784 0.68 6.84
May 2024 2019.2593399691164 -0.08 6.63
Jun 2024 2023.8203977720007 0.23 6.53
Jul 2024 2029.6499194603857 0.29 5.57
Aug 2024 2044.8244935969763 0.75 4.98
Sep 2024 2048.8338922088415 0.20 4.10
Oct 2024 2045.1629645173944 -0.18 4.30
Nov 2024 2037.487820406956 -0.37 3.72
Dec 2024 2041.1622221369116 0.18 3.56
Jan 2025 2054.865340902488 0.67 3.53
Feb 2025 2067.944928705075 0.64 3.53
Mar 2025 2072.4327933695195 0.22 3.25
Apr 2025 2075.4982299830945 0.15 2.70
May 2025 2091.1313786129367 0.75 3.56
Jun 2025 2101.5748107026957 0.50 3.84
Jul 2025 2104.3884821365023 0.13 3.68
Aug 2025 2100.343823535518 -0.19 2.72
Sep 2025 2109.727333347234 0.45 2.97
Oct 2025 2134.383047277924 1.17 4.36
Nov 2025 2158.949063858349 1.15 5.96
Dec 2025 2173.3008652057233 0.67 6.47
Jan 2026 2180.1433650758986 0.32 6.10
Feb 2026 2187.460922003946 0.34 5.78