Redmond (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 Redmond (City), Washington in February 2026 was $2,354.824. The month over month percentage change (MoM) was -0.19%, and the year over year percentage change (YoY) was 0.22%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Redmond (City), WA. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Redmond (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.
Redmond (City), WA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Redmond (City), WA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1546.7985300622142 NaN NaN
Feb 2015 1567.5305449482375 1.34 NaN
Mar 2015 1570.802163407576 0.21 NaN
Apr 2015 1585.8779998486095 0.96 NaN
May 2015 1562.9185593036927 -1.45 NaN
Jun 2015 1585.969191928139 1.48 NaN
Jul 2015 1565.9145071640899 -1.26 NaN
Aug 2015 1589.6259015371488 1.51 NaN
Sep 2015 1603.218605584979 0.86 NaN
Oct 2015 1639.3092416309191 2.25 NaN
Nov 2015 1646.1048076614777 0.42 NaN
Dec 2015 1646.8263489920266 0.04 NaN
Jan 2016 1665.7206822511785 1.15 7.69
Feb 2016 1673.9368874510767 0.49 6.79
Mar 2016 1683.0261369769228 0.54 7.14
Apr 2016 1690.7685393666804 0.46 6.61
May 2016 1711.9012111777267 1.25 9.53
Jun 2016 1718.8275006297279 0.41 8.38
Jul 2016 1748.4966405437856 1.73 11.66
Aug 2016 1751.7399209219916 0.19 10.20
Sep 2016 1763.3594964725314 0.66 9.99
Oct 2016 1747.0098738752376 -0.93 6.57
Nov 2016 1760.0604746121403 0.75 6.92
Dec 2016 1780.1524125175545 1.14 8.10
Jan 2017 1788.3639057238609 0.46 7.36
Feb 2017 1788.302613716546 0.00 6.83
Mar 2017 1790.2786003077108 0.11 6.37
Apr 2017 1789.2884482388426 -0.05 5.83
May 2017 1802.7128980482516 0.75 5.31
Jun 2017 1807.3412020154014 0.26 5.15
Jul 2017 1824.0262250092612 0.92 4.32
Aug 2017 1825.768361262949 0.10 4.23
Sep 2017 1821.5447823408574 -0.23 3.30
Oct 2017 1815.9694743685463 -0.31 3.95
Nov 2017 1809.674115198184 -0.35 2.82
Dec 2017 1806.482929682176 -0.18 1.48
Jan 2018 1799.2533223773855 -0.40 0.61
Feb 2018 1804.198122050238 0.28 0.89
Mar 2018 1811.0786559984817 0.38 1.16
Apr 2018 1815.3311870843547 0.24 1.46
May 2018 1814.7082671884646 -0.03 0.67
Jun 2018 1822.365270485929 0.42 0.83
Jul 2018 1830.9500569479728 0.47 0.38
Aug 2018 1845.1849455986323 0.78 1.06
Sep 2018 1842.817701786008 -0.13 1.17
Oct 2018 1850.490939050842 0.42 1.90
Nov 2018 1855.3784576052444 0.26 2.53
Dec 2018 1867.613822626028 0.66 3.38
Jan 2019 1871.0048055081006 0.18 3.99
Feb 2019 1875.3219900773895 0.23 3.94
Mar 2019 1879.255007304018 0.21 3.76
Apr 2019 1886.8823747091558 0.41 3.94
May 2019 1890.0629401591552 0.17 4.15
Jun 2019 1893.0544216607937 0.16 3.88
Jul 2019 1886.7211151316649 -0.33 3.05
Aug 2019 1887.7500998096625 0.06 2.31
Sep 2019 1903.5781016986662 0.84 3.30
Oct 2019 1917.6748594987234 0.74 3.63
Nov 2019 1929.764616815383 0.63 4.01
Dec 2019 1933.515744754821 0.19 3.53
Jan 2020 1948.620645031603 0.78 4.15
Feb 2020 1959.4083636561077 0.55 4.48
Mar 2020 1975.0415050451923 0.80 5.10
Apr 2020 1964.6286721743652 -0.53 4.12
May 2020 1953.9175613431573 -0.55 3.38
Jun 2020 1925.0433476934597 -1.48 1.69
Jul 2020 1905.77055797781 -1.00 1.01
Aug 2020 1885.098490024281 -1.08 -0.14
Sep 2020 1868.0534954412592 -0.90 -1.87
Oct 2020 1871.4296883739107 0.18 -2.41
Nov 2020 1876.1324635936994 0.25 -2.78
Dec 2020 1890.91901956318 0.79 -2.20
Jan 2021 1897.8514359459277 0.37 -2.60
Feb 2021 1899.529469309796 0.09 -3.06
Mar 2021 1893.5705464766368 -0.31 -4.12
Apr 2021 1898.4377626015441 0.26 -3.37
May 2021 1924.365356394246 1.37 -1.51
Jun 2021 1957.4327698033364 1.72 1.68
Jul 2021 1999.829772052563 2.17 4.93
Aug 2021 2045.8764010608504 2.30 8.53
Sep 2021 2089.238374194726 2.12 11.84
Oct 2021 2117.2505196735474 1.34 13.14
Nov 2021 2135.8389751446953 0.88 13.84
Dec 2021 2149.072425883262 0.62 13.65
Jan 2022 2159.710946786519 0.50 13.80
Feb 2022 2167.6805470298223 0.37 14.12
Mar 2022 2182.047495998443 0.66 15.24
Apr 2022 2217.610107275895 1.63 16.81
May 2022 2237.154221773903 0.88 16.25
Jun 2022 2257.067931621813 0.89 15.31
Jul 2022 2262.1970884474163 0.23 13.12
Aug 2022 2268.1884558726238 0.27 10.87
Sep 2022 2274.6680610891904 0.29 8.88
Oct 2022 2259.2777442281285 -0.68 6.71
Nov 2022 2238.1074383268183 -0.94 4.79
Dec 2022 2213.0708930614833 -1.12 2.98
Jan 2023 2204.5694702993924 -0.38 2.08
Feb 2023 2220.7083351946267 0.73 2.45
Mar 2023 2242.018495303014 0.96 2.75
Apr 2023 2238.713307872374 -0.15 0.95
May 2023 2229.6001793675528 -0.41 -0.34
Jun 2023 2218.592525722454 -0.49 -1.70
Jul 2023 2220.818362797744 0.10 -1.83
Aug 2023 2223.0395496816554 0.10 -1.99
Sep 2023 2224.913413933722 0.08 -2.19
Oct 2023 2240.2914694752226 0.69 -0.84
Nov 2023 2253.8102266021306 0.60 0.70
Dec 2023 2275.151359732828 0.95 2.81
Jan 2024 2292.6867644164377 0.77 4.00
Feb 2024 2307.807342533162 0.66 3.92
Mar 2024 2316.2788686193285 0.37 3.31
Apr 2024 2329.8154715044784 0.58 4.07
May 2024 2342.991806076211 0.57 5.09
Jun 2024 2347.0909066356817 0.18 5.79
Jul 2024 2353.437497516459 0.27 5.97
Aug 2024 2349.3992376121637 -0.17 5.68
Sep 2024 2346.0087076016384 -0.14 5.44
Oct 2024 2336.496147212553 -0.40 4.29
Nov 2024 2349.0891380648823 0.54 4.23
Dec 2024 2350.706050034447 0.07 3.32
Jan 2025 2350.1930963448017 -0.02 2.51
Feb 2025 2349.5831774678268 -0.03 1.81
Mar 2025 2340.719521609482 -0.38 1.06
Apr 2025 2335.066401670149 -0.24 0.23
May 2025 2334.8117007999294 -0.01 -0.35
Jun 2025 2341.559841812824 0.29 -0.24
Jul 2025 2342.4996916648356 0.04 -0.46
Aug 2025 2350.408545704425 0.34 0.04
Sep 2025 2357.4161109319416 0.30 0.49
Oct 2025 2366.5289377834515 0.39 1.29
Nov 2025 2360.6752499970466 -0.25 0.49
Dec 2025 2359.9333008802664 -0.03 0.39
Jan 2026 2359.2173262810547 -0.03 0.38
Feb 2026 2354.8235040535187 -0.19 0.22