Monmouth 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 Monmouth County, New Jersey in February 2026 was $2,875.404. The month over month percentage change (MoM) was 0.12%, and the year over year percentage change (YoY) was 2.59%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Monmouth County, NJ. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Monmouth 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.
Monmouth County, NJ - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Monmouth County, NJ - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1582.9467315473585 6231.79 NaN
Feb 2015 1585.7378221676754 0.18 NaN
Mar 2015 1597.429806110529 0.74 NaN
Apr 2015 1586.5209206467134 -0.68 NaN
May 2015 1580.9455208330367 -0.35 NaN
Jun 2015 1569.8263691473667 -0.70 NaN
Jul 2015 1589.8834335128104 1.28 NaN
Aug 2015 1602.9254839591201 0.82 NaN
Sep 2015 1610.6806121957095 0.48 NaN
Oct 2015 1615.1570888403126 0.28 NaN
Nov 2015 1611.8053224206 -0.21 4640.60
Dec 2015 1619.3586231624724 0.47 6377.43
Jan 2016 1625.1419861460954 0.36 2.67
Feb 2016 1638.7419740615462 0.84 3.34
Mar 2016 1632.4714272372803 -0.38 2.19
Apr 2016 1636.6760792673772 0.26 3.16
May 2016 1638.9683913238366 0.14 3.67
Jun 2016 1661.6997120054305 1.39 5.85
Jul 2016 1670.1603357942 0.51 5.05
Aug 2016 1672.4750564324684 0.14 4.34
Sep 2016 1675.9599244238423 0.21 4.05
Oct 2016 1670.196083052346 -0.34 3.41
Nov 2016 1674.2219434572326 0.24 3.87
Dec 2016 1673.085419154629 -0.07 3.32
Jan 2017 1684.1497594632478 0.66 3.63
Feb 2017 1695.7996253399672 0.69 3.48
Mar 2017 1717.4797456673903 1.28 5.21
Apr 2017 1724.7482040875402 0.42 5.38
May 2017 1740.7151554617174 0.93 6.21
Jun 2017 1734.680677860856 -0.35 4.39
Jul 2017 1728.8790795792668 -0.33 3.52
Aug 2017 1724.2745311301771 -0.27 3.10
Sep 2017 1727.896519607055 0.21 3.10
Oct 2017 1743.1395489921404 0.88 4.37
Nov 2017 1761.7466513594165 1.07 5.23
Dec 2017 1778.2657144279644 0.94 6.29
Jan 2018 1790.7997983781243 0.71 6.33
Feb 2018 1790.8266968545574 0.00 5.60
Mar 2018 1797.7467540772266 0.39 4.67
Apr 2018 1806.9382147505132 0.51 4.76
May 2018 1808.1670935484203 0.07 3.88
Jun 2018 1819.1414067162104 0.61 4.87
Jul 2018 1817.8612906678932 -0.07 5.15
Aug 2018 1838.3729425276886 1.13 6.62
Sep 2018 1843.526281406265 0.28 6.69
Oct 2018 1844.8334463520828 0.07 5.83
Nov 2018 1842.598166416637 -0.12 4.59
Dec 2018 1850.835002449797 0.45 4.08
Jan 2019 1851.9602497509577 0.06 3.42
Feb 2019 1861.295987346661 0.50 3.94
Mar 2019 1861.9745079223403 0.04 3.57
Apr 2019 1866.876153470499 0.26 3.32
May 2019 1874.023091412116 0.38 3.64
Jun 2019 1880.2861373629742 0.33 3.36
Jul 2019 1897.9379830092928 0.94 4.41
Aug 2019 1899.3744559323484 0.08 3.32
Sep 2019 1908.410774611419 0.48 3.52
Oct 2019 1916.5557400875311 0.43 3.89
Nov 2019 1923.907030968337 0.38 4.41
Dec 2019 1925.1599568542745 0.07 4.02
Jan 2020 1931.6216729989778 0.34 4.30
Feb 2020 1937.8149408828722 0.32 4.11
Mar 2020 1940.2982671127902 0.13 4.21
Apr 2020 1937.6120462373942 -0.14 3.79
May 2020 1936.747598514596 -0.04 3.35
Jun 2020 1958.3887455796598 1.12 4.15
Jul 2020 1974.6414002872127 0.83 4.04
Aug 2020 2002.9307725172323 1.43 5.45
Sep 2020 2024.7097527108929 1.09 6.09
Oct 2020 2047.7655862542176 1.14 6.85
Nov 2020 2092.4035428223724 2.18 8.76
Dec 2020 2097.636916313178 0.25 8.96
Jan 2021 2108.692972171059 0.53 9.17
Feb 2021 2111.3253794553875 0.13 8.95
Mar 2021 2145.9276654565365 1.64 10.60
Apr 2021 2176.2800573559334 1.41 12.32
May 2021 2195.7582719424636 0.90 13.37
Jun 2021 2223.1553598799856 1.25 13.52
Jul 2021 2239.2604071136325 0.72 13.40
Aug 2021 2279.742222451671 1.81 13.82
Sep 2021 2304.5661853577217 1.09 13.82
Oct 2021 2330.1969940484046 1.11 13.79
Nov 2021 2323.19510404109 -0.30 11.03
Dec 2021 2357.721739500239 1.49 12.40
Jan 2022 2379.135597629118 0.91 12.83
Feb 2022 2414.8807386479366 1.50 14.38
Mar 2022 2437.9249419589064 0.95 13.61
Apr 2022 2463.1469756995275 1.03 13.18
May 2022 2504.085164073451 1.66 14.04
Jun 2022 2508.3019193477116 0.17 12.83
Jul 2022 2539.279355716475 1.24 13.40
Aug 2022 2522.4583033418967 -0.66 10.65
Sep 2022 2525.011550966971 0.10 9.57
Oct 2022 2516.484084045296 -0.34 7.99
Nov 2022 2526.547490880302 0.40 8.75
Dec 2022 2540.121127384893 0.54 7.74
Jan 2023 2551.5363092911352 0.45 7.25
Feb 2023 2569.007043712515 0.69 6.38
Mar 2023 2577.49964872269 0.33 5.73
Apr 2023 2602.885012537303 0.99 5.67
May 2023 2599.4659482595166 -0.13 3.81
Jun 2023 2596.282081176278 -0.12 3.51
Jul 2023 2579.1146829048744 -0.66 1.57
Aug 2023 2589.3387724874747 0.40 2.65
Sep 2023 2621.1768733604945 1.23 3.81
Oct 2023 2637.4555517266144 0.62 4.81
Nov 2023 2654.486155000766 0.65 5.06
Dec 2023 2646.5987445202104 -0.30 4.19
Jan 2024 2660.614163529875 0.53 4.28
Feb 2024 2669.41467741674 0.33 3.91
Mar 2024 2692.733449511755 0.87 4.47
Apr 2024 2694.322714775852 0.06 3.51
May 2024 2701.19710788903 0.26 3.91
Jun 2024 2707.2840211087714 0.23 4.28
Jul 2024 2721.5727198714944 0.53 5.52
Aug 2024 2739.8693304101143 0.67 5.81
Sep 2024 2747.2665720734667 0.27 4.81
Oct 2024 2767.571225742107 0.74 4.93
Nov 2024 2771.6823613493466 0.15 4.42
Dec 2024 2787.388414254279 0.57 5.32
Jan 2025 2795.859294386547 0.30 5.08
Feb 2025 2802.8197728716505 0.25 5.00
Mar 2025 2800.864322966168 -0.07 4.02
Apr 2025 2806.5611378701956 0.20 4.17
May 2025 2818.9327992657654 0.44 4.36
Jun 2025 2838.788234562947 0.70 4.86
Jul 2025 2853.121587089958 0.51 4.83
Aug 2025 2859.0029178761815 0.21 4.35
Sep 2025 2857.798801852539 -0.04 4.02
Oct 2025 2855.912648265859 -0.07 3.19
Nov 2025 2862.5613220515434 0.23 3.28
Dec 2025 2869.7837492267336 0.25 2.96
Jan 2026 2871.875378474729 0.07 2.72
Feb 2026 2875.4043658110454 0.12 2.59