San Francisco County, California - 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 San Francisco County, California in February 2026 was $3,830.162. The month over month percentage change (MoM) was 1.53%, and the year over year percentage change (YoY) was 13.94%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for San Francisco County, CA. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for San Francisco County, CA.

You can see similar information for other California counties.

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.
San Francisco County, CA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
San Francisco County, CA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 2976.651565643907 3868.87 NaN
Feb 2015 3001.0226420108065 0.82 NaN
Mar 2015 3052.952168652619 1.73 NaN
Apr 2015 3104.3099622497907 1.68 NaN
May 2015 3113.322836511002 0.29 NaN
Jun 2015 3131.279187013502 0.58 NaN
Jul 2015 3155.103254466881 0.76 NaN
Aug 2015 3181.466842742623 0.84 NaN
Sep 2015 3204.29528486298 0.72 NaN
Oct 2015 3204.4438757693392 0.01 NaN
Nov 2015 3214.038174654664 0.30 53467.30
Dec 2015 3214.961549784473 0.03 4186.62
Jan 2016 3244.613089728135 0.92 9.00
Feb 2016 3246.2132317722267 0.05 8.17
Mar 2016 3226.5854749117198 -0.60 5.69
Apr 2016 3205.136083188033 -0.66 3.25
May 2016 3193.160105124516 -0.37 2.56
Jun 2016 3197.28792086939 0.13 2.11
Jul 2016 3190.386312041424 -0.22 1.12
Aug 2016 3175.624808830252 -0.46 -0.18
Sep 2016 3158.5994617953297 -0.54 -1.43
Oct 2016 3133.356972300136 -0.80 -2.22
Nov 2016 3131.5014855781556 -0.06 -2.57
Dec 2016 3135.791495919831 0.14 -2.46
Jan 2017 3140.299336749835 0.14 -3.21
Feb 2017 3154.310240975725 0.45 -2.83
Mar 2017 3164.1315878766704 0.31 -1.94
Apr 2017 3166.8066468639563 0.09 -1.20
May 2017 3173.7475966626885 0.22 -0.61
Jun 2017 3180.854717248524 0.22 -0.51
Jul 2017 3192.0559139604843 0.35 0.05
Aug 2017 3197.3204457599963 0.17 0.68
Sep 2017 3206.499688406123 0.29 1.52
Oct 2017 3222.293268714747 0.49 2.84
Nov 2017 3214.7294182219994 -0.23 2.66
Dec 2017 3225.419496614184 0.33 2.86
Jan 2018 3229.1925947873583 0.12 2.83
Feb 2018 3245.5591185729468 0.51 2.89
Mar 2018 3252.9736854412918 0.23 2.81
Apr 2018 3263.113479305413 0.31 3.04
May 2018 3274.2258548942254 0.34 3.17
Jun 2018 3274.457703868192 0.01 2.94
Jul 2018 3279.684433816092 0.16 2.75
Aug 2018 3301.4309032634333 0.66 3.26
Sep 2018 3314.652199307334 0.40 3.37
Oct 2018 3328.3275072923807 0.41 3.29
Nov 2018 3336.2053271472705 0.24 3.78
Dec 2018 3342.0046857632005 0.17 3.62
Jan 2019 3346.7862586103915 0.14 3.64
Feb 2019 3348.3051298327123 0.05 3.17
Mar 2019 3355.389626777784 0.21 3.15
Apr 2019 3364.2886846925835 0.27 3.10
May 2019 3369.52364861047 0.16 2.91
Jun 2019 3379.5531595832267 0.30 3.21
Jul 2019 3385.485481164455 0.18 3.23
Aug 2019 3382.6763533935964 -0.08 2.46
Sep 2019 3384.73170052309 0.06 2.11
Oct 2019 3385.2994130091943 0.02 1.71
Nov 2019 3396.257657840858 0.32 1.80
Dec 2019 3398.355265802187 0.06 1.69
Jan 2020 3403.3353508511623 0.15 1.69
Feb 2020 3403.2724659268238 0.00 1.64
Mar 2020 3387.0449232067995 -0.48 0.94
Apr 2020 3352.3740377644967 -1.02 -0.35
May 2020 0 -100.00 -100.00
Jun 2020 0 NaN -100.00
Jul 2020 0 NaN -100.00
Aug 2020 0 NaN -100.00
Sep 2020 2978.06002998081 Infinity -12.01
Oct 2020 2905.946534528408 -2.42 -14.16
Nov 2020 2867.41054567376 -1.33 -15.57
Dec 2020 2847.2037396807386 -0.70 -16.22
Jan 2021 2836.3499864492715 -0.38 -16.66
Feb 2021 2834.22135660512 -0.07 -16.72
Mar 2021 2844.569501578649 0.37 -16.02
Apr 2021 2870.111463793048 0.90 -14.39
May 2021 2901.3912899995353 1.09 Infinity
Jun 2021 2949.529519649895 1.66 Infinity
Jul 2021 3001.7518875143805 1.77 Infinity
Aug 2021 3058.289372008053 1.88 Infinity
Sep 2021 3098.465702669265 1.31 4.04
Oct 2021 3121.2060833677715 0.73 7.41
Nov 2021 3134.500385993276 0.43 9.32
Dec 2021 3143.1824124353925 0.28 10.40
Jan 2022 3157.915855175758 0.47 11.34
Feb 2022 3172.7258889332625 0.47 11.94
Mar 2022 3177.3341019086165 0.14 11.70
Apr 2022 3183.843225536911 0.21 10.93
May 2022 3187.9965721251715 0.13 9.88
Jun 2022 3191.1204911142177 0.10 8.19
Jul 2022 3192.7182181820085 0.05 6.36
Aug 2022 3203.7625174573122 0.35 4.76
Sep 2022 3221.73597238977 0.56 3.98
Oct 2022 3247.459984489834 0.80 4.05
Nov 2022 3258.18070351145 0.33 3.95
Dec 2022 3261.3178539829296 0.10 3.76
Jan 2023 3249.6233701010024 -0.36 2.90
Feb 2023 3240.5484822211556 -0.28 2.14
Mar 2023 3239.224427035502 -0.04 1.95
Apr 2023 3221.979934926376 -0.53 1.20
May 2023 3216.495322642576 -0.17 0.89
Jun 2023 3201.004503303449 -0.48 0.31
Jul 2023 3199.231066229133 -0.05 0.20
Aug 2023 3193.0748615440325 -0.19 -0.33
Sep 2023 3192.5611822153937 -0.02 -0.91
Oct 2023 3192.150152628984 -0.01 -1.70
Nov 2023 3188.412928688019 -0.12 -2.14
Dec 2023 3186.417844466336 -0.06 -2.30
Jan 2024 3196.8648757230544 0.33 -1.62
Feb 2024 3205.7143057213525 0.28 -1.07
Mar 2024 3220.879200873676 0.47 -0.57
Apr 2024 3229.02680493892 0.25 0.22
May 2024 3236.361645924231 0.23 0.62
Jun 2024 3237.74205396918 0.04 1.15
Jul 2024 3244.6817753306223 0.21 1.42
Aug 2024 3247.745201307926 0.09 1.71
Sep 2024 3256.7521240730885 0.28 2.01
Oct 2024 3267.798189336137 0.34 2.37
Nov 2024 3300.081523990093 0.99 3.50
Dec 2024 3328.4130387197356 0.86 4.46
Jan 2025 3347.2806144626 0.57 4.71
Feb 2025 3361.6495747152185 0.43 4.86
Mar 2025 3381.7747303598976 0.60 5.00
Apr 2025 3416.4636287114804 1.03 5.81
May 2025 3448.9331571881235 0.95 6.57
Jun 2025 3493.676408960546 1.30 7.91
Jul 2025 3530.5197791409487 1.06 8.81
Aug 2025 3574.086215305062 1.23 10.05
Sep 2025 3612.707237895764 1.08 10.93
Oct 2025 3652.425618467956 1.10 11.77
Nov 2025 3683.8503991451926 0.86 11.63
Dec 2025 3723.798483411263 1.08 11.88
Jan 2026 3772.536844637485 1.31 12.71
Feb 2026 3830.162350695757 1.53 13.94