Mercer 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 Mercer County, New Jersey in February 2026 was $2,497.119. The month over month percentage change (MoM) was -0.56%, and the year over year percentage change (YoY) was 0.25%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Mercer County, NJ. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Mercer 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.
Mercer County, NJ - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Mercer County, NJ - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1519.884655246336 7137.55 NaN
Feb 2015 1519.3569557688534 -0.04 NaN
Mar 2015 1522.3228197299202 0.20 NaN
Apr 2015 1532.730956655614 0.68 NaN
May 2015 1536.7369998781214 0.26 NaN
Jun 2015 1531.4847556255584 -0.34 NaN
Jul 2015 1534.6789515260493 0.21 NaN
Aug 2015 1532.281052253887 -0.16 NaN
Sep 2015 1535.529880998226 0.21 NaN
Oct 2015 1535.8467395549742 0.02 NaN
Nov 2015 1539.9956785642896 0.27 4429.40
Dec 2015 1550.7196088711216 0.70 7284.38
Jan 2016 1552.4938969062691 0.11 2.15
Feb 2016 1557.5487600976594 0.33 2.51
Mar 2016 1557.5979637821595 0.00 2.32
Apr 2016 1565.7587919083744 0.52 2.15
May 2016 1572.2925799350353 0.42 2.31
Jun 2016 1576.0798285310082 0.24 2.91
Jul 2016 1577.5436277625477 0.09 2.79
Aug 2016 1580.7477574977572 0.20 3.16
Sep 2016 1588.9175657694414 0.52 3.48
Oct 2016 1589.6284355137816 0.05 3.50
Nov 2016 1596.174849881131 0.41 3.65
Dec 2016 1592.2555808593306 -0.25 2.68
Jan 2017 1598.2073151629747 0.37 2.95
Feb 2017 1598.0691873229928 -0.01 2.60
Mar 2017 1600.8185510447743 0.17 2.78
Apr 2017 1596.1395303952143 -0.29 1.94
May 2017 1598.8235447413076 0.17 1.69
Jun 2017 1608.5566401439423 0.61 2.06
Jul 2017 1617.2279882178957 0.54 2.52
Aug 2017 1619.435032105167 0.14 2.45
Sep 2017 1615.836355371975 -0.22 1.69
Oct 2017 1622.4602649155522 0.41 2.07
Nov 2017 1631.62530184579 0.56 2.22
Dec 2017 1642.7533157867447 0.68 3.17
Jan 2018 1644.1537065263274 0.09 2.88
Feb 2018 1648.4901710216163 0.26 3.16
Mar 2018 1648.613386141125 0.01 2.99
Apr 2018 1652.2108683495335 0.22 3.51
May 2018 1653.574020784341 0.08 3.42
Jun 2018 1659.628209858422 0.37 3.18
Jul 2018 1665.7809324195894 0.37 3.00
Aug 2018 1668.7387303031464 0.18 3.04
Sep 2018 1665.534081024527 -0.19 3.08
Oct 2018 1664.0952099406493 -0.09 2.57
Nov 2018 1656.9214520264068 -0.43 1.55
Dec 2018 1668.4864706728374 0.70 1.57
Jan 2019 1671.291942292067 0.17 1.65
Feb 2019 1677.9780201599779 0.40 1.79
Mar 2019 1685.525173477982 0.45 2.24
Apr 2019 1692.2348375984116 0.40 2.42
May 2019 1697.6369682875616 0.32 2.67
Jun 2019 1696.9216770420521 -0.04 2.25
Jul 2019 1696.9234976414996 0.00 1.87
Aug 2019 1702.5942664280951 0.33 2.03
Sep 2019 1714.6325296453517 0.71 2.95
Oct 2019 1722.2956947579585 0.45 3.50
Nov 2019 1732.0277668999897 0.56 4.53
Dec 2019 1728.578105893601 -0.20 3.60
Jan 2020 1735.0025185741608 0.37 3.81
Feb 2020 1738.2646163766747 0.19 3.59
Mar 2020 1744.2550105966116 0.35 3.48
Apr 2020 1745.8255164654083 0.09 3.17
May 2020 1746.30522988335 0.03 2.87
Jun 2020 1766.0490396563891 1.13 4.07
Jul 2020 1770.3695250565688 0.25 4.33
Aug 2020 1782.7259690962162 0.70 4.71
Sep 2020 1782.308159698609 -0.02 3.95
Oct 2020 1794.8992074447783 0.71 4.22
Nov 2020 1799.0799410795203 0.23 3.87
Dec 2020 1813.5530349162816 0.80 4.92
Jan 2021 1822.9476743048772 0.52 5.07
Feb 2021 1842.8760812019993 1.09 6.02
Mar 2021 1852.5572897107782 0.53 6.21
Apr 2021 1863.6917036007392 0.60 6.75
May 2021 1876.6032983547748 0.69 7.46
Jun 2021 1883.9959709647517 0.39 6.68
Jul 2021 1907.3270353620546 1.24 7.74
Aug 2021 1930.0993879653336 1.19 8.27
Sep 2021 1958.7549608655534 1.49 9.90
Oct 2021 1973.5606086921775 0.76 9.95
Nov 2021 1998.130457302121 1.25 11.06
Dec 2021 2014.8194016848383 0.84 11.10
Jan 2022 2042.751257921312 1.39 12.06
Feb 2022 2065.2364521456007 1.10 12.07
Mar 2022 2098.06118846558 1.59 13.25
Apr 2022 2112.1270338571057 0.67 13.33
May 2022 2116.2963443736585 0.20 12.77
Jun 2022 2127.284747166534 0.52 12.91
Jul 2022 2142.047611464913 0.69 12.31
Aug 2022 2168.1639899522843 1.22 12.33
Sep 2022 2180.18107509309 0.55 11.30
Oct 2022 2176.175659577333 -0.18 10.27
Nov 2022 2183.795873065009 0.35 9.29
Dec 2022 2201.6260497930307 0.82 9.27
Jan 2023 2224.1346535187445 1.02 8.88
Feb 2023 2229.383315704539 0.24 7.95
Mar 2023 2231.4783270196103 0.09 6.36
Apr 2023 2263.3152884242154 1.43 7.16
May 2023 2292.7119718709773 1.30 8.34
Jun 2023 2318.643868067714 1.13 8.99
Jul 2023 2330.2445392568798 0.50 8.79
Aug 2023 2327.0004061597424 -0.14 7.33
Sep 2023 2324.5904930932943 -0.10 6.62
Oct 2023 2347.227559074956 0.97 7.86
Nov 2023 2365.7306428761003 0.79 8.33
Dec 2023 2370.317650506732 0.19 7.66
Jan 2024 2358.7456705191075 -0.49 6.05
Feb 2024 2359.0358528153806 0.01 5.82
Mar 2024 2371.8119126609777 0.54 6.29
Apr 2024 2376.504864593688 0.20 5.00
May 2024 2391.3529772314723 0.63 4.30
Jun 2024 2406.8637169741287 0.65 3.81
Jul 2024 2413.6634462293964 0.28 3.58
Aug 2024 2416.99019326124 0.14 3.87
Sep 2024 2427.2728940403335 0.43 4.42
Oct 2024 2446.5721922655816 0.80 4.23
Nov 2024 2445.2782687050826 -0.05 3.36
Dec 2024 2455.1985927970622 0.41 3.58
Jan 2025 2462.036240893734 0.28 4.38
Feb 2025 2491.0103230896157 1.18 5.59
Mar 2025 2496.817211058158 0.23 5.27
Apr 2025 2496.8567976843387 0.00 5.06
May 2025 2491.465638775964 -0.22 4.19
Jun 2025 2485.3318739878137 -0.25 3.26
Jul 2025 2490.7208135420237 0.22 3.19
Aug 2025 2502.6099664045546 0.48 3.54
Sep 2025 2510.246729252458 0.31 3.42
Oct 2025 2500.9864514852666 -0.37 2.22
Nov 2025 2505.3968486067943 0.18 2.46
Dec 2025 2504.6028435082103 -0.03 2.01
Jan 2026 2511.0597599708353 0.26 1.99
Feb 2026 2497.119119988421 -0.56 0.25