Franklin (City), Tennessee - 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 Franklin (City), Tennessee in February 2026 was $2,025.059. The month over month percentage change (MoM) was -0.35%, and the year over year percentage change (YoY) was -1.95%.

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

You can see similar information for other Tennessee 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.
Franklin (City), TN - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Franklin (City), TN - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1318.006919423064 NaN NaN
Feb 2015 1315.4884642858788 -0.19 NaN
Mar 2015 1313.723472684705 -0.13 NaN
Apr 2015 1310.042635573203 -0.28 NaN
May 2015 1324.7120819089116 1.12 NaN
Jun 2015 1346.5955668387746 1.65 NaN
Jul 2015 1354.66444145625 0.60 NaN
Aug 2015 1346.6040616809157 -0.59 NaN
Sep 2015 1344.5522767108262 -0.15 NaN
Oct 2015 1353.2077255641593 0.64 NaN
Nov 2015 1363.3523376663763 0.75 NaN
Dec 2015 1389.391812652997 1.91 NaN
Jan 2016 1392.7701353500026 0.24 5.67
Feb 2016 1405.6759017645127 0.93 6.86
Mar 2016 1401.3362673858478 -0.31 6.67
Apr 2016 1399.031947947829 -0.16 6.79
May 2016 1394.025200869724 -0.36 5.23
Jun 2016 1391.1973029821124 -0.20 3.31
Jul 2016 1387.9623568990476 -0.23 2.46
Aug 2016 1395.232581704181 0.52 3.61
Sep 2016 1399.5402247164136 0.31 4.09
Oct 2016 1405.14515390721 0.40 3.84
Nov 2016 1408.320906901381 0.23 3.30
Dec 2016 1418.7270866982408 0.74 2.11
Jan 2017 1417.7053153037152 -0.07 1.79
Feb 2017 1427.0138669801809 0.66 1.52
Mar 2017 1424.943928233083 -0.14 1.69
Apr 2017 1443.0675004079865 1.27 3.15
May 2017 1444.6209046830086 0.11 3.63
Jun 2017 1453.416644417978 0.61 4.47
Jul 2017 1460.110054314728 0.46 5.20
Aug 2017 1472.5810107799175 0.85 5.54
Sep 2017 1465.6840100698437 -0.47 4.73
Oct 2017 1457.1009100715278 -0.59 3.70
Nov 2017 1448.2861579835296 -0.60 2.84
Dec 2017 1447.8679153838377 -0.03 2.05
Jan 2018 1461.1364869984766 0.92 3.06
Feb 2018 1466.2039360694364 0.35 2.75
Mar 2018 1473.1635303580733 0.48 3.38
Apr 2018 1474.8078115230464 0.11 2.20
May 2018 1471.786327261434 -0.20 1.88
Jun 2018 1476.8463226359013 0.34 1.61
Jul 2018 1476.3031086332335 -0.04 1.11
Aug 2018 1481.3851442782416 0.34 0.60
Sep 2018 1491.1314151866825 0.66 1.74
Oct 2018 1505.0195474570828 0.93 3.29
Nov 2018 1504.067765147162 -0.06 3.85
Dec 2018 1504.5172673634083 0.03 3.91
Jan 2019 1505.8333555282045 0.09 3.06
Feb 2019 1500.15798872499 -0.38 2.32
Mar 2019 1505.425507907898 0.35 2.19
Apr 2019 1505.0059287789784 -0.03 2.05
May 2019 1516.6306648674097 0.77 3.05
Jun 2019 1518.5228806603639 0.13 2.82
Jul 2019 1526.689870735937 0.54 3.41
Aug 2019 1526.4361688488293 -0.02 3.04
Sep 2019 1532.7521868843298 0.41 2.79
Oct 2019 1536.7107788377086 0.26 2.11
Nov 2019 1553.2207956298569 1.07 3.27
Dec 2019 1563.3437728077956 0.65 3.91
Jan 2020 1569.8139963662622 0.41 4.25
Feb 2020 1584.2747754079348 0.92 5.61
Mar 2020 1581.0257949922154 -0.20 5.02
Apr 2020 1571.3524202287292 -0.61 4.41
May 2020 1541.8050623851123 -1.88 1.66
Jun 2020 1526.704996116035 -0.98 0.54
Jul 2020 1512.1310978808947 -0.95 -0.95
Aug 2020 1525.1087416402454 0.86 -0.09
Sep 2020 1529.1110437907892 0.26 -0.24
Oct 2020 1546.8195932524145 1.16 0.66
Nov 2020 1548.8654587150916 0.13 -0.28
Dec 2020 1564.7113752881853 1.02 0.09
Jan 2021 1582.5121279239625 1.14 0.81
Feb 2021 1600.4674715651897 1.14 1.02
Mar 2021 1622.683509473266 1.39 2.64
Apr 2021 1651.4101604950242 1.77 5.10
May 2021 1691.6216819766423 2.44 9.72
Jun 2021 1737.1677346077302 2.69 13.79
Jul 2021 1793.291912194514 3.23 18.59
Aug 2021 1840.7882569010064 2.65 20.70
Sep 2021 1880.3406114500103 2.15 22.97
Oct 2021 1903.5477304600581 1.23 23.06
Nov 2021 1912.0969630317895 0.45 23.45
Dec 2021 1928.4940347667723 0.86 23.25
Jan 2022 1928.9020973334952 0.02 21.89
Feb 2022 1942.2132704759924 0.69 21.35
Mar 2022 1954.519082754478 0.63 20.45
Apr 2022 1977.167772734774 1.16 19.73
May 2022 1989.021198769058 0.60 17.58
Jun 2022 1988.1572891981596 -0.04 14.45
Jul 2022 1986.2547169669817 -0.10 10.76
Aug 2022 1979.5835584716524 -0.34 7.54
Sep 2022 1978.957018961433 -0.03 5.25
Oct 2022 1980.9042205989997 0.10 4.06
Nov 2022 1990.134782460872 0.47 4.08
Dec 2022 1989.7879338476148 -0.02 3.18
Jan 2023 2004.0491819529884 0.72 3.90
Feb 2023 2007.5631808688208 0.18 3.37
Mar 2023 2011.2992082069134 0.19 2.91
Apr 2023 2004.6222171793027 -0.33 1.39
May 2023 2017.9163344588203 0.66 1.45
Jun 2023 2031.1610176600104 0.66 2.16
Jul 2023 2027.2669094758496 -0.19 2.07
Aug 2023 2005.5789249349536 -1.07 1.31
Sep 2023 1998.3313435089915 -0.36 0.98
Oct 2023 2001.8998740119978 0.18 1.06
Nov 2023 2010.2784634843736 0.42 1.01
Dec 2023 1999.615030315287 -0.53 0.49
Jan 2024 1985.337340660069 -0.71 -0.93
Feb 2024 1977.4973885790198 -0.39 -1.50
Mar 2024 1990.8560795580233 0.68 -1.02
Apr 2024 2007.3955054299197 0.83 0.14
May 2024 2017.255869843329 0.49 -0.03
Jun 2024 2022.9763043459109 0.28 -0.40
Jul 2024 2028.647848030585 0.28 0.07
Aug 2024 2032.5650697963895 0.19 1.35
Sep 2024 2021.2756773233484 -0.56 1.15
Oct 2024 2011.2434021874503 -0.50 0.47
Nov 2024 2015.5875936437963 0.22 0.26
Dec 2024 2038.0952793345557 1.12 1.92
Jan 2025 2055.3459174646614 0.85 3.53
Feb 2025 2065.360959814521 0.49 4.44
Mar 2025 2057.257566189512 -0.39 3.34
Apr 2025 2048.94256115153 -0.40 2.07
May 2025 2037.4870960591088 -0.56 1.00
Jun 2025 2031.1462778769123 -0.31 0.40
Jul 2025 2032.0922856660075 0.05 0.17
Aug 2025 2043.2316465306544 0.55 0.53
Sep 2025 2057.2762627495317 0.69 1.78
Oct 2025 2064.323909744436 0.34 2.64
Nov 2025 2055.66043146025 -0.42 1.99
Dec 2025 2042.7217123127007 -0.63 0.23
Jan 2026 2032.2232051488256 -0.51 -1.12
Feb 2026 2025.0587324547305 -0.35 -1.95