Mercer Island (City), Washington - 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 Mercer Island (City), Washington in February 2026 was $2,738.819. The month over month percentage change (MoM) was -0.58%, and the year over year percentage change (YoY) was 2.41%.

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

You can see similar information for other Washington 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.
Mercer Island (City), WA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Mercer Island (City), WA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 1938.3799963830825 Infinity Infinity
Mar 2018 1953.1998569687757 0.77 Infinity
Apr 2018 1940.9320058468763 -0.63 Infinity
May 2018 1969.738920723808 1.48 Infinity
Jun 2018 1971.125480726001 0.07 Infinity
Jul 2018 1989.0901366472149 0.91 Infinity
Aug 2018 1952.8518635745527 -1.82 Infinity
Sep 2018 1922.3290084847868 -1.56 Infinity
Oct 2018 1933.5404066584897 0.58 Infinity
Nov 2018 1968.4082247680558 1.80 Infinity
Dec 2018 2002.808757319755 1.75 Infinity
Jan 2019 1965.799352626999 -1.85 Infinity
Feb 2019 1974.81751827345 0.46 1.88
Mar 2019 1960.8793257395212 -0.71 0.39
Apr 2019 1980.0208239889128 0.98 2.01
May 2019 1973.4344510087249 -0.33 0.19
Jun 2019 1984.2045099507604 0.55 0.66
Jul 2019 1983.7876159382151 -0.02 -0.27
Aug 2019 2025.5134267930978 2.10 3.72
Sep 2019 2074.659715648485 2.43 7.92
Oct 2019 2100.787700846945 1.26 8.65
Nov 2019 2112.509487003342 0.56 7.32
Dec 2019 2118.1565398560397 0.27 5.76
Jan 2020 2160.5746761106384 2.00 9.91
Feb 2020 2169.972546267633 0.44 9.88
Mar 2020 2098.182940994451 -3.31 7.00
Apr 2020 2073.665894557632 -1.17 4.73
May 2020 2044.0666324532947 -1.43 3.58
Jun 2020 2017.125798525031 -1.32 1.66
Jul 2020 2009.5969917490058 -0.37 1.30
Aug 2020 1999.9405814909612 -0.48 -1.26
Sep 2020 2026.3477540072697 1.32 -2.33
Oct 2020 2003.947702225514 -1.10 -4.61
Nov 2020 1974.5969412276959 -1.46 -6.53
Dec 2020 1930.7890412472063 -2.22 -8.85
Jan 2021 1955.538314694981 1.28 -9.49
Feb 2021 1985.5331843891154 1.53 -8.50
Mar 2021 2053.0174841999483 3.40 -2.15
Apr 2021 2073.6381928024657 1.00 0.00
May 2021 2135.8895499352884 3.00 4.49
Jun 2021 2136.5077621377472 0.03 5.92
Jul 2021 2164.434438364678 1.31 7.71
Aug 2021 2195.0080841835247 1.41 9.75
Sep 2021 2230.321655400246 1.61 10.07
Oct 2021 2280.566724240933 2.25 13.80
Nov 2021 2344.8942713170386 2.82 18.75
Dec 2021 2375.4760398255794 1.30 23.03
Jan 2022 2383.6174306433395 0.34 21.89
Feb 2022 2335.190426846085 -2.03 17.61
Mar 2022 2345.7258597682594 0.45 14.26
Apr 2022 2343.4516101648096 -0.10 13.01
May 2022 2355.2129961110295 0.50 10.27
Jun 2022 2398.508376617342 1.84 12.26
Jul 2022 2415.543471184937 0.71 11.60
Aug 2022 2433.879307842362 0.76 10.88
Sep 2022 2411.4947828365816 -0.92 8.12
Oct 2022 2420.946593788397 0.39 6.16
Nov 2022 2398.899048470692 -0.91 2.30
Dec 2022 2408.636934708614 0.41 1.40
Jan 2023 2414.8975586076426 0.26 1.31
Feb 2023 2446.415905776107 1.31 4.76
Mar 2023 2430.305669006076 -0.66 3.61
Apr 2023 2411.084381664595 -0.79 2.89
May 2023 2385.4960595372218 -1.06 1.29
Jun 2023 2400.0164441226057 0.61 0.06
Jul 2023 2417.9646223649484 0.75 0.10
Aug 2023 2444.8655556677627 1.11 0.45
Sep 2023 2457.7249428327336 0.53 1.92
Oct 2023 2442.5636252051 -0.62 0.89
Nov 2023 2401.115410478785 -1.70 0.09
Dec 2023 2405.0268153369207 0.16 -0.15
Jan 2024 2388.148122391379 -0.70 -1.11
Feb 2024 2452.056631557027 2.68 0.23
Mar 2024 2475.331942710481 0.95 1.85
Apr 2024 2538.9694480945623 2.57 5.30
May 2024 2579.4952795856298 1.60 8.13
Jun 2024 2584.7805861425127 0.21 7.70
Jul 2024 2612.2383458580393 1.06 8.04
Aug 2024 2611.7123860603997 -0.02 6.82
Sep 2024 2632.4205686258547 0.79 7.11
Oct 2024 2606.0869737747416 -1.00 6.70
Nov 2024 2643.8296236005467 1.45 10.11
Dec 2024 2641.598699472174 -0.08 9.84
Jan 2025 2677.358151280622 1.35 12.11
Feb 2025 2674.36900245333 -0.11 9.07
Mar 2025 2682.340199601693 0.30 8.36
Apr 2025 2664.092623007273 -0.68 4.93
May 2025 2664.8659414812105 0.03 3.31
Jun 2025 2668.284143587011 0.13 3.23
Jul 2025 2658.1860817197285 -0.38 1.76
Aug 2025 2664.8450080065754 0.25 2.03
Sep 2025 2670.58315852924 0.22 1.45
Oct 2025 2718.2111551446214 1.78 4.30
Nov 2025 2735.5535629700125 0.64 3.47
Dec 2025 2753.925250033831 0.67 4.25
Jan 2026 2754.852350800263 0.03 2.89
Feb 2026 2738.818518518519 -0.58 2.41