Olympia (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 Olympia (City), Washington in February 2026 was $1,920.863. The month over month percentage change (MoM) was 0.45%, and the year over year percentage change (YoY) was 2.79%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Olympia (City), WA. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Olympia (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.
Olympia (City), WA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Olympia (City), WA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 999.7590477930862 NaN NaN
Feb 2015 1004.9013316660637 0.51 NaN
Mar 2015 1010.9794180143676 0.61 NaN
Apr 2015 1003.0253414131566 -0.79 NaN
May 2015 1004.7171364708892 0.17 NaN
Jun 2015 1007.2705475532073 0.25 NaN
Jul 2015 1017.9459048985759 1.06 NaN
Aug 2015 1024.1919604559391 0.61 NaN
Sep 2015 1027.2569880475592 0.30 NaN
Oct 2015 1031.379923375278 0.40 NaN
Nov 2015 1035.7785850052737 0.43 NaN
Dec 2015 1043.1797657689713 0.72 NaN
Jan 2016 1048.97491321949 0.56 4.92
Feb 2016 1051.9671761430202 0.28 4.68
Mar 2016 1059.455691510931 0.71 4.80
Apr 2016 1061.3034160400548 0.17 5.81
May 2016 1068.0498206112209 0.64 6.30
Jun 2016 1074.1867149986404 0.57 6.64
Jul 2016 1081.405960960721 0.67 6.23
Aug 2016 1092.002919693671 0.98 6.62
Sep 2016 1097.4720414675205 0.50 6.84
Oct 2016 1101.8244560606856 0.40 6.83
Nov 2016 1101.7059804257096 -0.01 6.37
Dec 2016 1118.9555964384108 1.57 7.26
Jan 2017 1129.5790349888289 0.95 7.68
Feb 2017 1148.928743377967 1.71 9.22
Mar 2017 1146.6682378870582 -0.20 8.23
Apr 2017 1161.2705216643292 1.27 9.42
May 2017 1168.7203599597135 0.64 9.43
Jun 2017 1179.2167645120544 0.90 9.78
Jul 2017 1177.6848637853461 -0.13 8.90
Aug 2017 1174.6064406607165 -0.26 7.56
Sep 2017 1183.2947897928439 0.74 7.82
Oct 2017 1192.4488610503881 0.77 8.23
Nov 2017 1204.9278692678458 1.05 9.37
Dec 2017 1200.9815425018003 -0.33 7.33
Jan 2018 1203.3405242155484 0.20 6.53
Feb 2018 1203.2726009393366 -0.01 4.73
Mar 2018 1220.4943034841901 1.43 6.44
Apr 2018 1226.1591224513127 0.46 5.59
May 2018 1237.1729986363373 0.90 5.86
Jun 2018 1240.4851609406644 0.27 5.20
Jul 2018 1248.5295411608404 0.65 6.02
Aug 2018 1253.0837837038202 0.37 6.68
Sep 2018 1263.475200292791 0.83 6.78
Oct 2018 1273.8845595771245 0.82 6.83
Nov 2018 1279.9898937199569 0.48 6.23
Dec 2018 1293.3657951893526 1.05 7.69
Jan 2019 1296.5332941231889 0.25 7.75
Feb 2019 1301.528944072817 0.39 8.17
Mar 2019 1303.7723206857602 0.17 6.82
Apr 2019 1308.253596640285 0.34 6.70
May 2019 1310.7131784293747 0.19 5.94
Jun 2019 1317.7389231140803 0.54 6.23
Jul 2019 1326.6133803210932 0.67 6.25
Aug 2019 1338.301217979738 0.88 6.80
Sep 2019 1340.299430645677 0.15 6.08
Oct 2019 1342.0750229218647 0.13 5.35
Nov 2019 1346.3790149866556 0.32 5.19
Dec 2019 1349.185854478272 0.21 4.32
Jan 2020 1358.367309099676 0.68 4.77
Feb 2020 1365.357503420261 0.52 4.90
Mar 2020 1385.1721471146918 1.45 6.24
Apr 2020 1386.9971128980387 0.13 6.02
May 2020 1395.492929206542 0.61 6.47
Jun 2020 1390.4702341103987 -0.36 5.52
Jul 2020 1409.2030921766896 1.35 6.23
Aug 2020 1419.711712847856 0.75 6.08
Sep 2020 1442.4948434173325 1.61 7.63
Oct 2020 1455.0992504330907 0.87 8.42
Nov 2020 1468.454733450994 0.92 9.07
Dec 2020 1464.0911762147118 -0.30 8.52
Jan 2021 1481.099792340829 1.16 9.04
Feb 2021 1498.8129068965466 1.20 9.77
Mar 2021 1523.2304587322492 1.63 9.97
Apr 2021 1536.1021669224158 0.85 10.75
May 2021 1539.9855428834717 0.25 10.35
Jun 2021 1558.7450918659292 1.22 12.10
Jul 2021 1571.1916649431853 0.80 11.50
Aug 2021 1599.8643964424 1.83 12.69
Sep 2021 1620.5503185919783 1.29 12.34
Oct 2021 1641.5462061427534 1.30 12.81
Nov 2021 1656.8669763553237 0.93 12.83
Dec 2021 1676.5336363902989 1.19 14.51
Jan 2022 1692.6110442088288 0.96 14.28
Feb 2022 1699.3188509812608 0.40 13.38
Mar 2022 1704.458776128073 0.30 11.90
Apr 2022 1713.0023965497962 0.50 11.52
May 2022 1734.7305061479665 1.27 12.65
Jun 2022 1746.4816883479045 0.68 12.04
Jul 2022 1755.5840542487274 0.52 11.74
Aug 2022 1750.2533296234028 -0.30 9.40
Sep 2022 1747.339268896261 -0.17 7.82
Oct 2022 1742.3976858415208 -0.28 6.14
Nov 2022 1739.1384045296056 -0.19 4.97
Dec 2022 1738.7926960056702 -0.02 3.71
Jan 2023 1730.959264741377 -0.45 2.27
Feb 2023 1741.3296169819528 0.60 2.47
Mar 2023 1749.1571441708684 0.45 2.62
Apr 2023 1766.813426397885 1.01 3.14
May 2023 1766.6414546997617 -0.01 1.84
Jun 2023 1769.098525748019 0.14 1.30
Jul 2023 1769.9243826514323 0.05 0.82
Aug 2023 1777.4780867729392 0.43 1.56
Sep 2023 1779.7972436175228 0.13 1.86
Oct 2023 1784.2657215518632 0.25 2.40
Nov 2023 1797.2628191532085 0.73 3.34
Dec 2023 1807.1348359309768 0.55 3.93
Jan 2024 1817.577672355298 0.58 5.00
Feb 2024 1815.2534302770707 -0.13 4.25
Mar 2024 1822.556331159433 0.40 4.20
Apr 2024 1823.5800868805757 0.06 3.21
May 2024 1827.6904532587328 0.23 3.46
Jun 2024 1829.7398107210613 0.11 3.43
Jul 2024 1833.5017605601174 0.21 3.59
Aug 2024 1834.28118275724 0.04 3.20
Sep 2024 1839.7197777634124 0.30 3.37
Oct 2024 1843.608393297661 0.21 3.33
Nov 2024 1854.7907776288132 0.61 3.20
Dec 2024 1860.1738800782484 0.29 2.94
Jan 2025 1866.7829172774896 0.36 2.71
Feb 2025 1868.7432533330423 0.11 2.95
Mar 2025 1870.5147327430354 0.10 2.63
Apr 2025 1871.5669882571583 0.06 2.63
May 2025 1876.5213283027579 0.27 2.67
Jun 2025 1883.1519836739735 0.35 2.92
Jul 2025 1889.9939658190942 0.36 3.08
Aug 2025 1897.984176591109 0.42 3.47
Sep 2025 1904.594058675828 0.35 3.53
Oct 2025 1911.4726232245166 0.36 3.68
Nov 2025 1908.127218919312 -0.17 2.88
Dec 2025 1909.917380196713 0.09 2.67
Jan 2026 1912.2258266419176 0.12 2.43
Feb 2026 1920.8630447085459 0.45 2.79