Hendricks County, Indiana - 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 Hendricks County, Indiana in February 2026 was $1,789.95. The month over month percentage change (MoM) was 0.53%, and the year over year percentage change (YoY) was 2.81%.

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

You can see similar information for other Indiana 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.
Hendricks County, IN - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Hendricks County, IN - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1067.990115456311 1595.22 NaN
Feb 2015 1069.2162798928848 0.12 NaN
Mar 2015 1065.2754557487922 -0.37 NaN
Apr 2015 1072.6750786100617 0.70 NaN
May 2015 1076.7943740858238 0.38 NaN
Jun 2015 1081.8659031077734 0.47 NaN
Jul 2015 1080.8247406841879 -0.10 NaN
Aug 2015 1083.1916113838759 0.22 NaN
Sep 2015 1088.7669063797466 0.52 NaN
Oct 2015 1095.8501274754003 0.65 NaN
Nov 2015 1107.1591133864617 1.03 6050.88
Dec 2015 1107.0965531357328 -0.01 1657.30
Jan 2016 1104.3782394769069 -0.25 3.41
Feb 2016 1096.7133199240343 -0.69 2.57
Mar 2016 1097.718175387174 0.09 3.05
Apr 2016 1098.2365047324845 0.05 2.38
May 2016 1098.6113286738405 0.03 2.03
Jun 2016 1098.8103949813355 0.02 1.57
Jul 2016 1100.8599705784159 0.19 1.85
Aug 2016 1104.9438020584932 0.37 2.01
Sep 2016 1099.1084277214288 -0.53 0.95
Oct 2016 1098.4197004081109 -0.06 0.23
Nov 2016 1092.777875158721 -0.51 -1.30
Dec 2016 1096.4226791797296 0.33 -0.96
Jan 2017 1098.4027105707414 0.18 -0.54
Feb 2017 1109.0657937348767 0.97 1.13
Mar 2017 1112.8520507874148 0.34 1.38
Apr 2017 1117.0309133114242 0.38 1.71
May 2017 1122.6753189569667 0.51 2.19
Jun 2017 1128.8072943411987 0.55 2.73
Jul 2017 1135.0238965932022 0.55 3.10
Aug 2017 1136.4053646489533 0.12 2.85
Sep 2017 1138.3928461363184 0.18 3.57
Oct 2017 1136.9695510949625 -0.12 3.51
Nov 2017 1136.093437778155 -0.08 3.96
Dec 2017 1142.0807904820524 0.53 4.16
Jan 2018 1148.557966863066 0.57 4.57
Feb 2018 1153.6420349737182 0.44 4.02
Mar 2018 1160.1505359010669 0.56 4.25
Apr 2018 1162.0852246893285 0.17 4.03
May 2018 1161.5984255112576 -0.04 3.47
Jun 2018 1161.988227915639 0.03 2.94
Jul 2018 1163.706011845271 0.15 2.53
Aug 2018 1166.3481599467923 0.23 2.64
Sep 2018 1174.9542900766332 0.74 3.21
Oct 2018 1179.915689019473 0.42 3.78
Nov 2018 1183.8715239849382 0.34 4.21
Dec 2018 1182.610258729743 -0.11 3.55
Jan 2019 1183.5738442398083 0.08 3.05
Feb 2019 1189.6028890990044 0.51 3.12
Mar 2019 1190.6315912814791 0.09 2.63
Apr 2019 1195.071723430944 0.37 2.84
May 2019 1201.172871753485 0.51 3.41
Jun 2019 1206.7491574906055 0.46 3.85
Jul 2019 1211.3316811240693 0.38 4.09
Aug 2019 1217.3245080744202 0.50 4.37
Sep 2019 1220.5318705209024 0.26 3.88
Oct 2019 1227.469977802324 0.57 4.03
Nov 2019 1236.120175213833 0.71 4.41
Dec 2019 1244.1442063642833 0.65 5.20
Jan 2020 1250.9890248690838 0.55 5.70
Feb 2020 1253.270706416308 0.18 5.35
Mar 2020 1259.1604097223667 0.47 5.76
Apr 2020 1254.5347415821689 -0.37 4.98
May 2020 1254.4736495104046 0.00 4.44
Jun 2020 1256.707850503428 0.18 4.14
Jul 2020 1264.096241732477 0.59 4.36
Aug 2020 1273.931005392959 0.78 4.65
Sep 2020 1285.458880898451 0.91 5.32
Oct 2020 1305.3365375553724 1.55 6.34
Nov 2020 1312.61760277248 0.56 6.19
Dec 2020 1327.5664011980673 1.14 6.71
Jan 2021 1331.7996510609344 0.32 6.46
Feb 2021 1339.6993749528472 0.59 6.90
Mar 2021 1343.572850580759 0.29 6.70
Apr 2021 1354.6366625743062 0.82 7.98
May 2021 1376.0920805530236 1.58 9.70
Jun 2021 1394.1107232432082 1.31 10.93
Jul 2021 1418.9951587817502 1.79 12.25
Aug 2021 1437.139658645323 1.28 12.81
Sep 2021 1453.6225654277027 1.15 13.08
Oct 2021 1457.771189113409 0.28 11.68
Nov 2021 1468.6710099804195 0.75 11.89
Dec 2021 1481.1140657711205 0.85 11.57
Jan 2022 1488.323644600842 0.49 11.75
Feb 2022 1499.0296431839804 0.72 11.89
Mar 2022 1504.0364109984648 0.33 11.94
Apr 2022 1524.422085939303 1.36 12.53
May 2022 1528.5657856334105 0.27 11.08
Jun 2022 1543.9286898705323 1.00 10.75
Jul 2022 1548.1725295792223 0.28 9.10
Aug 2022 1557.0995297746954 0.58 8.35
Sep 2022 1570.2888106527794 0.85 8.03
Oct 2022 1577.1466267026249 0.44 8.19
Nov 2022 1581.266501422118 0.26 7.67
Dec 2022 1576.0187095636425 -0.33 6.41
Jan 2023 1588.4453965070145 0.79 6.73
Feb 2023 1597.3569366875086 0.56 6.56
Mar 2023 1613.1116984871676 0.99 7.25
Apr 2023 1609.7301399237092 -0.21 5.60
May 2023 1615.0431308733478 0.33 5.66
Jun 2023 1610.1252882213296 -0.30 4.29
Jul 2023 1612.9234171184826 0.17 4.18
Aug 2023 1615.1111272415417 0.14 3.73
Sep 2023 1613.7635660276237 -0.08 2.77
Oct 2023 1626.9122464731065 0.82 3.16
Nov 2023 1639.9822627621106 0.80 3.71
Dec 2023 1652.093361670994 0.74 4.83
Jan 2024 1652.7294936202038 0.04 4.05
Feb 2024 1656.4025506935063 0.22 3.70
Mar 2024 1659.8900639794233 0.21 2.90
Apr 2024 1674.115644252051 0.86 4.00
May 2024 1680.0472678513966 0.35 4.03
Jun 2024 1690.9127087416462 0.65 5.02
Jul 2024 1697.9250129656252 0.42 5.27
Aug 2024 1704.2448115162101 0.37 5.52
Sep 2024 1713.1408609926755 0.52 6.16
Oct 2024 1713.6575434241722 0.03 5.33
Nov 2024 1720.7615159870306 0.42 4.93
Dec 2024 1732.067502834329 0.66 4.84
Jan 2025 1742.4482112552012 0.60 5.43
Feb 2025 1741.0198520894496 -0.08 5.11
Mar 2025 1745.3050489762386 0.25 5.15
Apr 2025 1746.7595724916287 0.08 4.34
May 2025 1753.281959768416 0.37 4.36
Jun 2025 1758.4793491914957 0.30 4.00
Jul 2025 1764.6899705101334 0.35 3.93
Aug 2025 1770.6231737219498 0.34 3.90
Sep 2025 1775.1773221094086 0.26 3.62
Oct 2025 1780.2745559004798 0.29 3.89
Nov 2025 1780.2629896235364 0.00 3.46
Dec 2025 1779.1584704077743 -0.06 2.72
Jan 2026 1780.5892445053803 0.08 2.19
Feb 2026 1789.9498207885306 0.53 2.81