Madison (City), Wisconsin - 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 Madison (City), Wisconsin in February 2026 was $1,649.422. The month over month percentage change (MoM) was 0.34%, and the year over year percentage change (YoY) was 2.49%.

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

You can see similar information for other Wisconsin 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.
Madison (City), WI - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Madison (City), WI - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1023.4758621477757 NaN NaN
Feb 2015 1033.467815426133 0.98 NaN
Mar 2015 1041.6221084587107 0.79 NaN
Apr 2015 1050.0410285674593 0.81 NaN
May 2015 1051.8384112952256 0.17 NaN
Jun 2015 1048.3170518487464 -0.33 NaN
Jul 2015 1044.742622280038 -0.34 NaN
Aug 2015 1057.2725224732199 1.20 NaN
Sep 2015 1058.815337794617 0.15 NaN
Oct 2015 1061.1631676250631 0.22 NaN
Nov 2015 1058.9620587978684 -0.21 NaN
Dec 2015 1060.2970268607205 0.13 NaN
Jan 2016 1063.0594388749716 0.26 3.87
Feb 2016 1064.9689546879608 0.18 3.05
Mar 2016 1066.8909142079458 0.18 2.43
Apr 2016 1069.423133868452 0.24 1.85
May 2016 1065.4731332986578 -0.37 1.30
Jun 2016 1065.8197553104112 0.03 1.67
Jul 2016 1065.3860509658107 -0.04 1.98
Aug 2016 1067.9209220899859 0.24 1.01
Sep 2016 1062.4325017474043 -0.51 0.34
Oct 2016 1064.8568709572244 0.23 0.35
Nov 2016 1072.4448860746716 0.71 1.27
Dec 2016 1082.8713170968172 0.97 2.13
Jan 2017 1088.4568396316004 0.52 2.39
Feb 2017 1087.443654222023 -0.09 2.11
Mar 2017 1095.6244282773835 0.75 2.69
Apr 2017 1097.0137120588627 0.13 2.58
May 2017 1104.6130022876753 0.69 3.67
Jun 2017 1103.7875653850522 -0.07 3.56
Jul 2017 1108.4443744440218 0.42 4.04
Aug 2017 1110.21381922177 0.16 3.96
Sep 2017 1118.8921292052632 0.78 5.31
Oct 2017 1124.8271096193102 0.53 5.63
Nov 2017 1120.836126648458 -0.35 4.51
Dec 2017 1115.745563876997 -0.45 3.04
Jan 2018 1109.8846665267504 -0.52 1.97
Feb 2018 1114.782861822023 0.44 2.51
Mar 2018 1116.659303540235 0.17 1.92
Apr 2018 1121.4095537899586 0.43 2.22
May 2018 1123.7646372685426 0.21 1.73
Jun 2018 1129.0458678725997 0.47 2.29
Jul 2018 1131.1218265377404 0.18 2.05
Aug 2018 1132.232640347018 0.10 1.98
Sep 2018 1131.3784659399607 -0.07 1.12
Oct 2018 1135.3533788394766 0.35 0.94
Nov 2018 1146.9271075778681 1.02 2.33
Dec 2018 1148.2324150968325 0.11 2.91
Jan 2019 1153.5547189875629 0.46 3.94
Feb 2019 1154.2501295031002 0.06 3.54
Mar 2019 1154.7259410975648 0.04 3.41
Apr 2019 1156.4862612048767 0.15 3.13
May 2019 1158.8378058422431 0.20 3.12
Jun 2019 1162.512442401182 0.32 2.96
Jul 2019 1166.3680786607956 0.33 3.12
Aug 2019 1171.4328192748876 0.43 3.46
Sep 2019 1176.9398860803606 0.47 4.03
Oct 2019 1178.5579909800251 0.14 3.81
Nov 2019 1178.361789627619 -0.02 2.74
Dec 2019 1186.24042428248 0.67 3.31
Jan 2020 1192.6986590905653 0.54 3.39
Feb 2020 1199.1249450719313 0.54 3.89
Mar 2020 1198.5650891651946 -0.05 3.80
Apr 2020 1198.4429266858854 -0.01 3.63
May 2020 1196.751255946844 -0.14 3.27
Jun 2020 1197.4983866182727 0.06 3.01
Jul 2020 1196.6729891659868 -0.07 2.60
Aug 2020 1201.8305212917348 0.43 2.60
Sep 2020 1197.1848689399494 -0.39 1.72
Oct 2020 1195.5521316022282 -0.14 1.44
Nov 2020 1198.0099048715808 0.21 1.67
Dec 2020 1207.75238415903 0.81 1.81
Jan 2021 1213.7283670884135 0.50 1.76
Feb 2021 1215.7761320548302 0.17 1.39
Mar 2021 1224.786252753948 0.74 2.19
Apr 2021 1236.3877354859549 0.95 3.17
May 2021 1243.2368978342295 0.55 3.88
Jun 2021 1242.966793515813 -0.02 3.80
Jul 2021 1250.8436802106376 0.63 4.53
Aug 2021 1260.7341424261438 0.79 4.90
Sep 2021 1278.383592014897 1.40 6.78
Oct 2021 1290.518059797178 0.95 7.94
Nov 2021 1292.410313212227 0.15 7.88
Dec 2021 1293.3414960655746 0.07 7.09
Jan 2022 1296.5004556823415 0.24 6.82
Feb 2022 1303.3507924363307 0.53 7.20
Mar 2022 1305.5865886379363 0.17 6.60
Apr 2022 1311.0183565717182 0.42 6.04
May 2022 1325.5824522632274 1.11 6.62
Jun 2022 1345.52827262932 1.51 8.25
Jul 2022 1359.3462057240838 1.03 8.67
Aug 2022 1368.8474896176951 0.70 8.57
Sep 2022 1371.230234292783 0.17 7.26
Oct 2022 1374.5189540760575 0.24 6.51
Nov 2022 1383.820371301309 0.68 7.07
Dec 2022 1395.0108857117566 0.81 7.86
Jan 2023 1413.1696575430794 1.30 9.00
Feb 2023 1430.90846934594 1.25 9.79
Mar 2023 1450.7121854659597 1.38 11.12
Apr 2023 1463.5507841017074 0.89 11.64
May 2023 1472.7276711004758 0.63 11.10
Jun 2023 1484.8436123910913 0.82 10.35
Jul 2023 1498.7301774897708 0.94 10.25
Aug 2023 1509.9003393839537 0.75 10.30
Sep 2023 1511.0190030060076 0.07 10.19
Oct 2023 1510.6963946502015 -0.02 9.91
Nov 2023 1518.7451142907069 0.53 9.75
Dec 2023 1531.345367512001 0.83 9.77
Jan 2024 1539.9194037789605 0.56 8.97
Feb 2024 1542.6184731589767 0.18 7.81
Mar 2024 1547.4089236396514 0.31 6.67
Apr 2024 1553.8642944571661 0.42 6.17
May 2024 1560.497376670594 0.43 5.96
Jun 2024 1563.302087410214 0.18 5.28
Jul 2024 1563.1115341760685 -0.01 4.30
Aug 2024 1568.6280533612876 0.35 3.89
Sep 2024 1575.3699723824038 0.43 4.26
Oct 2024 1589.6161966349803 0.90 5.22
Nov 2024 1596.580401523626 0.44 5.13
Dec 2024 1608.6104138259177 0.75 5.05
Jan 2025 1608.1655275992548 -0.03 4.43
Feb 2025 1609.4087557303678 0.08 4.33
Mar 2025 1612.2505338286983 0.18 4.19
Apr 2025 1616.2543450832852 0.25 4.01
May 2025 1619.723606698272 0.22 3.80
Jun 2025 1623.3812366985874 0.23 3.84
Jul 2025 1629.231216981867 0.36 4.23
Aug 2025 1632.4608929790277 0.20 4.07
Sep 2025 1640.4044541980657 0.49 4.13
Oct 2025 1642.5733153251454 0.13 3.33
Nov 2025 1644.5829133341576 0.12 3.01
Dec 2025 1639.502975141926 -0.31 1.92
Jan 2026 1643.9043736814926 0.27 2.22
Feb 2026 1649.4216756863816 0.34 2.49