Valencia 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 Valencia County, New Mexico in February 2026 was $1,978.833. The month over month percentage change (MoM) was -3.92%, and the year over year percentage change (YoY) was 30.47%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Valencia County, NM. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Valencia 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.
Valencia County, NM - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Valencia County, NM - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 0 -100.00 NaN
Feb 2015 0 NaN NaN
Mar 2015 0 NaN NaN
Apr 2015 0 NaN NaN
May 2015 0 NaN NaN
Jun 2015 0 NaN NaN
Jul 2015 0 NaN NaN
Aug 2015 0 NaN NaN
Sep 2015 0 NaN NaN
Oct 2015 0 NaN NaN
Nov 2015 0 NaN -100.00
Dec 2015 0 NaN -100.00
Jan 2016 0 NaN NaN
Feb 2016 0 NaN NaN
Mar 2016 0 NaN NaN
Apr 2016 0 NaN NaN
May 2016 0 NaN NaN
Jun 2016 0 NaN NaN
Jul 2016 0 NaN NaN
Aug 2016 0 NaN NaN
Sep 2016 0 NaN NaN
Oct 2016 0 NaN NaN
Nov 2016 0 NaN NaN
Dec 2016 0 NaN NaN
Jan 2017 0 NaN NaN
Feb 2017 0 NaN NaN
Mar 2017 0 NaN NaN
Apr 2017 0 NaN NaN
May 2017 0 NaN NaN
Jun 2017 0 NaN NaN
Jul 2017 0 NaN NaN
Aug 2017 0 NaN NaN
Sep 2017 0 NaN NaN
Oct 2017 0 NaN NaN
Nov 2017 0 NaN NaN
Dec 2017 0 NaN NaN
Jan 2018 0 NaN NaN
Feb 2018 0 NaN NaN
Mar 2018 0 NaN NaN
Apr 2018 0 NaN NaN
May 2018 0 NaN NaN
Jun 2018 0 NaN NaN
Jul 2018 0 NaN NaN
Aug 2018 0 NaN NaN
Sep 2018 0 NaN NaN
Oct 2018 0 NaN NaN
Nov 2018 0 NaN NaN
Dec 2018 0 NaN NaN
Jan 2019 0 NaN NaN
Feb 2019 0 NaN NaN
Mar 2019 0 NaN NaN
Apr 2019 0 NaN NaN
May 2019 0 NaN NaN
Jun 2019 0 NaN NaN
Jul 2019 0 NaN NaN
Aug 2019 0 NaN NaN
Sep 2019 0 NaN NaN
Oct 2019 0 NaN NaN
Nov 2019 0 NaN NaN
Dec 2019 0 NaN NaN
Jan 2020 0 NaN NaN
Feb 2020 0 NaN NaN
Mar 2020 0 NaN NaN
Apr 2020 0 NaN NaN
May 2020 0 NaN NaN
Jun 2020 0 NaN NaN
Jul 2020 0 NaN NaN
Aug 2020 0 NaN NaN
Sep 2020 0 NaN NaN
Oct 2020 0 NaN NaN
Nov 2020 0 NaN NaN
Dec 2020 0 NaN NaN
Jan 2021 0 NaN NaN
Feb 2021 0 NaN NaN
Mar 2021 0 NaN NaN
Apr 2021 0 NaN NaN
May 2021 0 NaN NaN
Jun 2021 0 NaN NaN
Jul 2021 0 NaN NaN
Aug 2021 0 NaN NaN
Sep 2021 0 NaN NaN
Oct 2021 0 NaN NaN
Nov 2021 0 NaN NaN
Dec 2021 0 NaN NaN
Jan 2022 0 NaN NaN
Feb 2022 0 NaN NaN
Mar 2022 0 NaN NaN
Apr 2022 0 NaN NaN
May 2022 0 NaN NaN
Jun 2022 0 NaN NaN
Jul 2022 1186.6592072093842 Infinity Infinity
Aug 2022 1168.5813656025152 -1.52 Infinity
Sep 2022 1169.945168937854 0.12 Infinity
Oct 2022 1213.6763013726368 3.74 Infinity
Nov 2022 1238.9426086329008 2.08 Infinity
Dec 2022 0 -100.00 NaN
Jan 2023 1231.3978780272753 Infinity Infinity
Feb 2023 1207.953397715436 -1.90 Infinity
Mar 2023 1190.5599423316646 -1.44 Infinity
Apr 2023 1217.825734487069 2.29 Infinity
May 2023 1251.6131583946008 2.77 Infinity
Jun 2023 1268.1865801138317 1.32 Infinity
Jul 2023 1257.1260522549785 -0.87 5.94
Aug 2023 1255.6001664984785 -0.12 7.45
Sep 2023 1265.665643916964 0.80 8.18
Oct 2023 1296.107615097315 2.40 6.79
Nov 2023 1291.9845673033456 -0.32 4.28
Dec 2023 1356.1196821594406 4.96 Infinity
Jan 2024 1326.4369914458618 -2.19 7.72
Feb 2024 1343.354478504239 1.27 11.21
Mar 2024 1223.011740642391 -8.96 2.73
Apr 2024 1250.7574280468366 2.27 2.70
May 2024 1273.0548723400095 1.78 1.71
Jun 2024 1279.0472663926603 0.47 0.86
Jul 2024 1293.1860572343974 1.11 2.87
Aug 2024 1317.7811727922285 1.90 4.95
Sep 2024 1338.7142778317364 1.59 5.77
Oct 2024 1357.408000684998 1.40 4.73
Nov 2024 1376.1975477487704 1.38 6.52
Dec 2024 1268.8560131947634 -7.80 -6.43
Jan 2025 1386.1366713500502 9.24 4.50
Feb 2025 1516.7010174959066 9.42 12.90
Mar 2025 1690.7578696126013 11.48 38.24
Apr 2025 1712.6051187055125 1.29 36.92
May 2025 1720.7228665761925 0.47 35.17
Jun 2025 1758.2211576332222 2.18 37.46
Jul 2025 1808.3679096150029 2.85 39.84
Aug 2025 1855.7836823019293 2.62 40.83
Sep 2025 1896.5588518675827 2.20 41.67
Oct 2025 1917.4310176244715 1.10 41.26
Nov 2025 1965.2474308923122 2.49 42.80
Dec 2025 2106.099400151499 7.17 65.98
Jan 2026 2059.6494405072135 -2.20 48.59
Feb 2026 1978.8333333333333 -3.92 30.47