Richmond City, Virginia - 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 Richmond City, Virginia in February 2026 was $1,569.925. The month over month percentage change (MoM) was 0.45%, and the year over year percentage change (YoY) was 4.13%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Richmond City, VA. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Richmond City, VA.

You can see similar information for other Virginia 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.
Richmond City, VA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Richmond City, VA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 869.739143396669 14.44 NaN
Feb 2015 872.5224594491634 0.32 NaN
Mar 2015 873.4556621338255 0.11 NaN
Apr 2015 879.0470183637178 0.64 NaN
May 2015 880.312783665281 0.14 NaN
Jun 2015 883.1493513702535 0.32 NaN
Jul 2015 886.2415186999339 0.35 NaN
Aug 2015 895.2645107322336 1.02 NaN
Sep 2015 903.7924931172826 0.95 NaN
Oct 2015 911.9827074820245 0.91 NaN
Nov 2015 917.1341448374627 0.56 1698.30
Dec 2015 923.7664858204096 0.72 21.55
Jan 2016 922.1209946120504 -0.18 6.02
Feb 2016 918.2731113451366 -0.42 5.24
Mar 2016 915.0840184047088 -0.35 4.77
Apr 2016 918.2654175489715 0.35 4.46
May 2016 917.402279967936 -0.09 4.21
Jun 2016 919.8173403150796 0.26 4.15
Jul 2016 922.7568582016189 0.32 4.12
Aug 2016 928.5990213756628 0.63 3.72
Sep 2016 930.6395107823696 0.22 2.97
Oct 2016 932.8417980901734 0.24 2.29
Nov 2016 930.1200390773365 -0.29 1.42
Dec 2016 933.6026359882162 0.37 1.07
Jan 2017 940.1153445392366 0.70 1.95
Feb 2017 946.6681056403881 0.70 3.09
Mar 2017 952.2531329235968 0.59 4.06
Apr 2017 953.9993713869706 0.18 3.89
May 2017 962.9676574754617 0.94 4.97
Jun 2017 966.6406283865573 0.38 5.09
Jul 2017 975.670019956543 0.93 5.73
Aug 2017 977.1201596947234 0.15 5.23
Sep 2017 981.8078532556522 0.48 5.50
Oct 2017 981.77426259867 0.00 5.25
Nov 2017 986.6168865076124 0.49 6.07
Dec 2017 990.4017017484501 0.38 6.08
Jan 2018 993.9815531372283 0.36 5.73
Feb 2018 1002.5062112065232 0.86 5.90
Mar 2018 1004.3454401453971 0.18 5.47
Apr 2018 1011.8755693530683 0.75 6.07
May 2018 1015.2235153325913 0.33 5.43
Jun 2018 1022.849484283356 0.75 5.82
Jul 2018 1022.371872094309 -0.05 4.79
Aug 2018 1022.1351275281612 -0.02 4.61
Sep 2018 1023.0891973867773 0.09 4.21
Oct 2018 1029.1471587938902 0.59 4.83
Nov 2018 1043.4092850437935 1.39 5.76
Dec 2018 1045.228775359901 0.17 5.54
Jan 2019 1053.030042700714 0.75 5.94
Feb 2019 1050.436886827047 -0.25 4.78
Mar 2019 1057.1251102560498 0.64 5.26
Apr 2019 1059.6952704809253 0.24 4.73
May 2019 1062.9165712494512 0.30 4.70
Jun 2019 1064.7601949009174 0.17 4.10
Jul 2019 1070.1006185373851 0.50 4.67
Aug 2019 1078.2689204542448 0.76 5.49
Sep 2019 1084.6443596433942 0.59 6.02
Oct 2019 1089.2959157583266 0.43 5.85
Nov 2019 1086.0777393123371 -0.29 4.09
Dec 2019 1091.747254946455 0.52 4.45
Jan 2020 1092.3353865941735 0.05 3.73
Feb 2020 1098.5210621996355 0.57 4.58
Mar 2020 1105.341716485771 0.62 4.56
Apr 2020 1108.0275232617141 0.24 4.56
May 2020 1111.382405390349 0.30 4.56
Jun 2020 1111.5013788124043 0.01 4.39
Jul 2020 1117.7547771799345 0.56 4.45
Aug 2020 1121.781893792215 0.36 4.04
Sep 2020 1129.840004667837 0.72 4.17
Oct 2020 1135.8005966285743 0.53 4.27
Nov 2020 1139.5098243508185 0.33 4.92
Dec 2020 1140.3067985495732 0.07 4.45
Jan 2021 1146.4068890037834 0.54 4.95
Feb 2021 1150.4919999931276 0.36 4.73
Mar 2021 1161.0641564008974 0.92 5.04
Apr 2021 1167.685811663174 0.57 5.38
May 2021 1179.8796437151302 1.04 6.16
Jun 2021 1193.7349107705757 1.17 7.40
Jul 2021 1208.7561247760707 1.26 8.14
Aug 2021 1222.112142419209 1.11 8.94
Sep 2021 1227.0783249742628 0.41 8.61
Oct 2021 1235.6142976380884 0.70 8.79
Nov 2021 1247.5746425909 0.97 9.48
Dec 2021 1270.6505723660246 1.85 11.43
Jan 2022 1282.7528387706923 0.95 11.89
Feb 2022 1295.3934915064192 0.99 12.60
Mar 2022 1300.8092583583955 0.42 12.04
Apr 2022 1315.218072726334 1.11 12.64
May 2022 1327.38248777476 0.93 12.50
Jun 2022 1338.5190019743864 0.84 12.13
Jul 2022 1351.084180350641 0.94 11.78
Aug 2022 1359.0072927530787 0.59 11.20
Sep 2022 1374.6073648080696 1.15 12.02
Oct 2022 1384.9233829178831 0.75 12.08
Nov 2022 1390.883669054761 0.43 11.49
Dec 2022 1386.3909827954067 -0.32 9.11
Jan 2023 1381.8320736098876 -0.33 7.72
Feb 2023 1382.2234654840695 0.03 6.70
Mar 2023 1385.9903610934998 0.27 6.55
Apr 2023 1390.6486562767614 0.34 5.74
May 2023 1392.3840228755946 0.13 4.90
Jun 2023 1394.322562977023 0.14 4.17
Jul 2023 1392.179371266667 -0.15 3.04
Aug 2023 1398.0459165379332 0.42 2.87
Sep 2023 1408.5366673643293 0.75 2.47
Oct 2023 1417.0035621640202 0.60 2.32
Nov 2023 1422.9438024597953 0.42 2.31
Dec 2023 1420.0286584076268 -0.20 2.43
Jan 2024 1433.0823938945857 0.92 3.71
Feb 2024 1440.1230882147372 0.49 4.19
Mar 2024 1449.3168557317274 0.64 4.57
Apr 2024 1453.4438612769695 0.28 4.52
May 2024 1459.8802727243415 0.44 4.85
Jun 2024 1468.5209262798257 0.59 5.32
Jul 2024 1472.639244216572 0.28 5.78
Aug 2024 1481.2348104075988 0.58 5.95
Sep 2024 1479.2149466833368 -0.14 5.02
Oct 2024 1480.2583277591395 0.07 4.46
Nov 2024 1487.1381714331642 0.47 4.51
Dec 2024 1502.305952270161 1.02 5.79
Jan 2025 1504.3488184998794 0.14 4.97
Feb 2025 1507.6467404879152 0.22 4.69
Mar 2025 1511.4770502762944 0.25 4.29
Apr 2025 1516.8210713384476 0.35 4.36
May 2025 1522.014920956063 0.34 4.26
Jun 2025 1525.4368476224695 0.23 3.88
Jul 2025 1534.1160051016752 0.57 4.18
Aug 2025 1536.2666842393814 0.14 3.72
Sep 2025 1542.9859903083675 0.44 4.31
Oct 2025 1549.355036626948 0.41 4.67
Nov 2025 1553.1910192781465 0.25 4.44
Dec 2025 1556.778393488327 0.23 3.63
Jan 2026 1562.8632707368163 0.39 3.89
Feb 2026 1569.9248960447028 0.45 4.13