Essex County, New Jersey - 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 Essex County, New Jersey in February 2026 was $2,227.028. The month over month percentage change (MoM) was 0.39%, and the year over year percentage change (YoY) was 2.16%.

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

You can see similar information for other New Jersey 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.
Essex County, NJ - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Essex County, NJ - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1228.9182840971328 9353.22 NaN
Feb 2015 1234.484200679205 0.45 NaN
Mar 2015 1238.3221852356073 0.31 NaN
Apr 2015 1233.1281190390932 -0.42 NaN
May 2015 1228.5066492588376 -0.37 NaN
Jun 2015 1230.185398786823 0.14 NaN
Jul 2015 1238.0585719646217 0.64 NaN
Aug 2015 1248.213665176889 0.82 NaN
Sep 2015 1255.7116298676056 0.60 NaN
Oct 2015 1262.5651508882397 0.55 NaN
Nov 2015 1265.9776526604155 0.27 3623.46
Dec 2015 1267.1022809023868 0.09 9646.94
Jan 2016 1273.7906399121384 0.53 3.65
Feb 2016 1277.2983212559288 0.28 3.47
Mar 2016 1282.7879610598438 0.43 3.59
Apr 2016 1290.8298836391536 0.63 4.68
May 2016 1293.0443550813106 0.17 5.25
Jun 2016 1297.2002017792786 0.32 5.45
Jul 2016 1308.1080792046043 0.84 5.66
Aug 2016 1308.6761636510994 0.04 4.84
Sep 2016 1314.5061211643888 0.45 4.68
Oct 2016 1312.2990611296918 -0.17 3.94
Nov 2016 1326.5585630304877 1.09 4.79
Dec 2016 1339.1495188587357 0.95 5.69
Jan 2017 1346.78393775641 0.57 5.73
Feb 2017 1351.803828229517 0.37 5.83
Mar 2017 1355.8674866024512 0.30 5.70
Apr 2017 1360.6417726126288 0.35 5.41
May 2017 1372.071762478941 0.84 6.11
Jun 2017 1376.3698893880087 0.31 6.10
Jul 2017 1379.6776630937372 0.24 5.47
Aug 2017 1385.2420254644414 0.40 5.85
Sep 2017 1385.2406218278409 0.00 5.38
Oct 2017 1388.6869590243755 0.25 5.82
Nov 2017 1394.4144636840667 0.41 5.12
Dec 2017 1403.0235344010036 0.62 4.77
Jan 2018 1408.1371410376205 0.36 4.56
Feb 2018 1413.8652990110015 0.41 4.59
Mar 2018 1426.5525899635709 0.90 5.21
Apr 2018 1435.7882873055296 0.65 5.52
May 2018 1439.4454481044197 0.26 4.91
Jun 2018 1435.4138172541982 -0.28 4.29
Jul 2018 1444.3957969439743 0.63 4.69
Aug 2018 1450.6495705551627 0.43 4.72
Sep 2018 1467.4351088191913 1.16 5.93
Oct 2018 1470.8938622824087 0.24 5.92
Nov 2018 1475.5424126954174 0.32 5.82
Dec 2018 1481.1810106107525 0.38 5.57
Jan 2019 1484.2427437044903 0.21 5.41
Feb 2019 1494.6798163350911 0.70 5.72
Mar 2019 1496.7857224340846 0.14 4.92
Apr 2019 1500.965463047547 0.28 4.54
May 2019 1507.4052976399546 0.43 4.72
Jun 2019 1522.760381902246 1.02 6.09
Jul 2019 1526.5432268746733 0.25 5.69
Aug 2019 1533.3080820110486 0.44 5.70
Sep 2019 1533.3450044936067 0.00 4.49
Oct 2019 1543.702193033662 0.68 4.95
Nov 2019 1548.3677444219236 0.30 4.93
Dec 2019 1551.1268435529853 0.18 4.72
Jan 2020 1558.5590650073398 0.48 5.01
Feb 2020 1560.4287172632526 0.12 4.40
Mar 2020 1567.572567325806 0.46 4.73
Apr 2020 1566.4446247617504 -0.07 4.36
May 2020 1575.5780081600117 0.58 4.52
Jun 2020 1574.8311278731455 -0.05 3.42
Jul 2020 1584.5336222978153 0.62 3.80
Aug 2020 1584.7663361667517 0.02 3.36
Sep 2020 1596.9901426690142 0.77 4.15
Oct 2020 1598.0054181987393 0.06 3.52
Nov 2020 1606.7372333406527 0.55 3.77
Dec 2020 1615.164522444223 0.52 4.13
Jan 2021 1625.6692624458433 0.65 4.31
Feb 2021 1641.0089022048637 0.94 5.16
Mar 2021 1647.8158176980087 0.42 5.12
Apr 2021 1659.2772078971009 0.70 5.93
May 2021 1661.2156602168886 0.12 5.44
Jun 2021 1670.2399938889453 0.54 6.06
Jul 2021 1677.6213302266847 0.44 5.88
Aug 2021 1693.4879818925542 0.95 6.86
Sep 2021 1708.7847953047394 0.90 7.00
Oct 2021 1731.4186454233645 1.33 8.35
Nov 2021 1743.6863063522555 0.71 8.52
Dec 2021 1759.0349550030269 0.88 8.91
Jan 2022 1768.7150271470352 0.55 8.80
Feb 2022 1781.2893252992396 0.71 8.55
Mar 2022 1800.723252722167 1.09 9.28
Apr 2022 1818.653618743964 1.00 9.61
May 2022 1843.7161792586571 1.38 10.99
Jun 2022 1869.773816327948 1.41 11.95
Jul 2022 1891.9671896644963 1.19 12.78
Aug 2022 1904.8121474197965 0.68 12.48
Sep 2022 1913.0078319525367 0.43 11.95
Oct 2022 1916.0128244616205 0.16 10.66
Nov 2022 1924.1507206325637 0.43 10.35
Dec 2022 1931.6992764913305 0.39 9.82
Jan 2023 1942.9577247734455 0.58 9.85
Feb 2023 1953.2642896811117 0.53 9.65
Mar 2023 1955.87800004303 0.13 8.62
Apr 2023 1963.6645722239496 0.40 7.97
May 2023 1975.8658919778384 0.62 7.17
Jun 2023 1982.4596426668713 0.33 6.03
Jul 2023 1993.1373965415278 0.54 5.35
Aug 2023 2005.3075313944446 0.61 5.28
Sep 2023 2018.688666187885 0.67 5.52
Oct 2023 2034.340070110943 0.78 6.18
Nov 2023 2048.136591129521 0.68 6.44
Dec 2023 2063.4659825940007 0.75 6.82
Jan 2024 2069.8099180468316 0.31 6.53
Feb 2024 2075.6981350053866 0.28 6.27
Mar 2024 2086.702892750203 0.53 6.69
Apr 2024 2093.6498560229934 0.33 6.62
May 2024 2098.1238721313953 0.21 6.19
Jun 2024 2108.396880692536 0.49 6.35
Jul 2024 2118.9375983399073 0.50 6.31
Aug 2024 2122.48481865268 0.17 5.84
Sep 2024 2125.672363445021 0.15 5.30
Oct 2024 2126.324361367816 0.03 4.52
Nov 2024 2144.976765253611 0.88 4.73
Dec 2024 2156.4866414016396 0.54 4.51
Jan 2025 2180.863354353809 1.13 5.37
Feb 2025 2179.9666861927544 -0.04 5.02
Mar 2025 2190.124833741977 0.47 4.96
Apr 2025 2199.944957101125 0.45 5.08
May 2025 2207.2783622185675 0.33 5.20
Jun 2025 2211.609450504266 0.20 4.89
Jul 2025 2213.8530642747264 0.10 4.48
Aug 2025 2221.6880793060864 0.35 4.67
Sep 2025 2229.441706631355 0.35 4.88
Oct 2025 2237.8525349463466 0.38 5.25
Nov 2025 2231.2589781543575 -0.29 4.02
Dec 2025 2228.48008108654 -0.12 3.34
Jan 2026 2218.456499560318 -0.45 1.72
Feb 2026 2227.0284617404855 0.39 2.16