Sandoval County, New Mexico - 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 Sandoval County, New Mexico in February 2026 was $1,923.347. The month over month percentage change (MoM) was 0.70%, and the year over year percentage change (YoY) was 4.18%.

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

You can see similar information for other New Mexico 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.
Sandoval County, NM - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Sandoval County, NM - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 985.6180904882772 2192.14 NaN
Feb 2015 983.0665727092795 -0.26 NaN
Mar 2015 984.9572097515061 0.19 NaN
Apr 2015 989.8493494419406 0.50 NaN
May 2015 992.8152602817632 0.30 NaN
Jun 2015 996.6988891211232 0.39 NaN
Jul 2015 994.0202470739814 -0.27 NaN
Aug 2015 994.6179431549332 0.06 NaN
Sep 2015 999.9168521631426 0.53 NaN
Oct 2015 1007.8985616836846 0.80 NaN
Nov 2015 1010.7314789313828 0.28 2787.80
Dec 2015 1011.7679217097041 0.10 2252.95
Jan 2016 1020.034195003473 0.82 3.49
Feb 2016 1023.8406847620107 0.37 4.15
Mar 2016 1029.1189161745667 0.52 4.48
Apr 2016 1020.9440373938737 -0.79 3.14
May 2016 1023.1180719106811 0.21 3.05
Jun 2016 1020.0892496509222 -0.30 2.35
Jul 2016 1028.9046967399916 0.86 3.51
Aug 2016 1033.8849802752848 0.48 3.95
Sep 2016 1041.3046749013245 0.72 4.14
Oct 2016 1039.9000457842114 -0.13 3.18
Nov 2016 1042.3201050710202 0.23 3.13
Dec 2016 1043.9405046045583 0.16 3.18
Jan 2017 1043.1045913792138 -0.08 2.26
Feb 2017 1049.133343694716 0.58 2.47
Mar 2017 1048.4676150316902 -0.06 1.88
Apr 2017 1064.189739762615 1.50 4.24
May 2017 1063.5694514224558 -0.06 3.95
Jun 2017 1073.4019378763778 0.92 5.23
Jul 2017 1063.671323015743 -0.91 3.38
Aug 2017 1068.46193502847 0.45 3.34
Sep 2017 1067.012457734904 -0.14 2.47
Oct 2017 1072.040586651437 0.47 3.09
Nov 2017 1075.2090625493274 0.30 3.16
Dec 2017 1073.2613166402925 -0.18 2.81
Jan 2018 1080.9113956409888 0.71 3.62
Feb 2018 1078.8159608422816 -0.19 2.83
Mar 2018 1089.8453729251628 1.02 3.95
Apr 2018 1086.1294748365028 -0.34 2.06
May 2018 1092.0580845084874 0.55 2.68
Jun 2018 1095.3696915777089 0.30 2.05
Jul 2018 1104.3414614790943 0.82 3.82
Aug 2018 1106.7460078345703 0.22 3.58
Sep 2018 1110.850091380459 0.37 4.11
Oct 2018 1113.8595512546967 0.27 3.90
Nov 2018 1120.078680793485 0.56 4.17
Dec 2018 1134.2495599658832 1.26 5.68
Jan 2019 1135.3998176733157 0.10 5.04
Feb 2019 1143.5430274442929 0.72 6.00
Mar 2019 1144.6026502031968 0.09 5.02
Apr 2019 1151.96370745765 0.64 6.06
May 2019 1158.0734240290403 0.53 6.05
Jun 2019 1162.3088934477103 0.37 6.11
Jul 2019 1169.752368701877 0.64 5.92
Aug 2019 1176.0413539338076 0.54 6.26
Sep 2019 1183.6103447195892 0.64 6.55
Oct 2019 1190.803910827916 0.61 6.91
Nov 2019 1195.874681389454 0.43 6.77
Dec 2019 1197.6743508909806 0.15 5.59
Jan 2020 1205.3137544121753 0.64 6.16
Feb 2020 1211.3091378794447 0.50 5.93
Mar 2020 1235.462547346447 1.99 7.94
Apr 2020 1231.16068635289 -0.35 6.88
May 2020 1233.4000387880465 0.18 6.50
Jun 2020 1228.9597234852713 -0.36 5.73
Jul 2020 1234.2609495759784 0.43 5.52
Aug 2020 1243.6418594196755 0.76 5.75
Sep 2020 1262.4691850373633 1.51 6.66
Oct 2020 1279.1816930076998 1.32 7.42
Nov 2020 1289.3642355166107 0.80 7.82
Dec 2020 1292.8508614643792 0.27 7.95
Jan 2021 1304.3334054791362 0.89 8.22
Feb 2021 1317.653496907151 1.02 8.78
Mar 2021 1333.3188970426738 1.19 7.92
Apr 2021 1356.4826006584003 1.74 10.18
May 2021 1376.1852628297668 1.45 11.58
Jun 2021 1406.4763699018995 2.20 14.44
Jul 2021 1426.2425701730417 1.41 15.55
Aug 2021 1452.1645373189965 1.82 16.77
Sep 2021 1467.0349885214173 1.02 16.20
Oct 2021 1472.925612987165 0.40 15.15
Nov 2021 1477.522114182212 0.31 14.59
Dec 2021 1493.3164346490817 1.07 15.51
Jan 2022 1513.4537393231712 1.35 16.03
Feb 2022 1530.5210775855187 1.13 16.16
Mar 2022 1533.2912513164856 0.18 15.00
Apr 2022 1549.9008853938417 1.08 14.26
May 2022 1566.1659051376407 1.05 13.81
Jun 2022 1587.2000723325575 1.34 12.85
Jul 2022 1606.1484069363137 1.19 12.61
Aug 2022 1620.6122682774067 0.90 11.60
Sep 2022 1629.5682647350793 0.55 11.08
Oct 2022 1644.84406854731 0.94 11.67
Nov 2022 1658.3630479953972 0.82 12.24
Dec 2022 1670.5656040258511 0.74 11.87
Jan 2023 1671.9986653974843 0.09 10.48
Feb 2023 1672.4861966703202 0.03 9.28
Mar 2023 1691.8475894733522 1.16 10.34
Apr 2023 1698.1663476008268 0.37 9.57
May 2023 1712.5942495554607 0.85 9.35
Jun 2023 1715.0331107950356 0.14 8.05
Jul 2023 1720.7269842166622 0.33 7.13
Aug 2023 1724.4266483191366 0.22 6.41
Sep 2023 1735.4241078299128 0.64 6.50
Oct 2023 1745.068584778046 0.56 6.09
Nov 2023 1764.8187997647071 1.13 6.42
Dec 2023 1767.9823258577208 0.18 5.83
Jan 2024 1772.8555166586832 0.28 6.03
Feb 2024 1781.7075280192391 0.50 6.53
Mar 2024 1790.8350375308407 0.51 5.85
Apr 2024 1798.554198241061 0.43 5.91
May 2024 1785.6560602594334 -0.72 4.27
Jun 2024 1793.7117910725142 0.45 4.59
Jul 2024 1805.1662954355702 0.64 4.91
Aug 2024 1819.3255375776594 0.78 5.50
Sep 2024 1818.6558105788486 -0.04 4.80
Oct 2024 1810.036574856631 -0.47 3.72
Nov 2024 1814.4741659561917 0.25 2.81
Dec 2024 1832.1257213497706 0.97 3.63
Jan 2025 1847.6858673110364 0.85 4.22
Feb 2025 1846.182473674413 -0.08 3.62
Mar 2025 1848.2602687905944 0.11 3.21
Apr 2025 1854.0860088617828 0.32 3.09
May 2025 1871.6052770653298 0.95 4.81
Jun 2025 1877.2426665506425 0.30 4.66
Jul 2025 1879.1916080654905 0.10 4.10
Aug 2025 1880.6931946635127 0.08 3.37
Sep 2025 1891.451020306663 0.57 4.00
Oct 2025 1907.8300063751612 0.87 5.40
Nov 2025 1909.1420561582456 0.07 5.22
Dec 2025 1908.1333884993333 -0.05 4.15
Jan 2026 1910.035241972668 0.10 3.37
Feb 2026 1923.3473684210524 0.70 4.18