Albuquerque, NM (Metro) - 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 the Albuquerque, NM Metro in February 2026 was $1,502.851. The month over month percentage change (MoM) was -0.18%, and the year over year percentage change (YoY) was 0.59%.

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

You can see similar information for other US metros, and for the United States.

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.
Albuquerque, NM (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Albuquerque, NM (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 841.8871268846575 NaN NaN
Feb 2015 840.0799807466751 -0.21 NaN
Mar 2015 841.9363748710759 0.22 NaN
Apr 2015 845.3415137678094 0.40 NaN
May 2015 848.8842739323112 0.42 NaN
Jun 2015 849.0646032284409 0.02 NaN
Jul 2015 850.0564226157619 0.12 NaN
Aug 2015 851.6941927800509 0.19 NaN
Sep 2015 853.4222309910529 0.20 NaN
Oct 2015 856.4755275566455 0.36 NaN
Nov 2015 857.3600184632684 0.10 NaN
Dec 2015 862.397614444632 0.59 NaN
Jan 2016 863.3185488630951 0.11 2.55
Feb 2016 864.5532272067144 0.14 2.91
Mar 2016 864.3731250056647 -0.02 2.67
Apr 2016 867.6327336840566 0.38 2.64
May 2016 870.5197719739997 0.33 2.55
Jun 2016 871.3758040593008 0.10 2.63
Jul 2016 870.6936497727664 -0.08 2.43
Aug 2016 873.4144221156265 0.31 2.55
Sep 2016 875.1637273288351 0.20 2.55
Oct 2016 876.7341713867147 0.18 2.37
Nov 2016 878.2478600707244 0.17 2.44
Dec 2016 878.7452674574082 0.06 1.90
Jan 2017 882.819802341268 0.46 2.26
Feb 2017 887.7381035233731 0.56 2.68
Mar 2017 892.6972451675181 0.56 3.28
Apr 2017 893.0453378056463 0.04 2.93
May 2017 894.192223847309 0.13 2.72
Jun 2017 897.3159136093794 0.35 2.98
Jul 2017 900.6032662496557 0.37 3.44
Aug 2017 901.3319204397237 0.08 3.20
Sep 2017 903.5496293656713 0.25 3.24
Oct 2017 906.768049266261 0.36 3.43
Nov 2017 909.467618165222 0.30 3.56
Dec 2017 911.2262501378041 0.19 3.70
Jan 2018 912.5962492445378 0.15 3.37
Feb 2018 914.4086898201867 0.20 3.00
Mar 2018 917.30192734484 0.32 2.76
Apr 2018 921.6617481688955 0.48 3.20
May 2018 924.7473552845905 0.34 3.42
Jun 2018 926.0961230291205 0.15 3.21
Jul 2018 928.6367412197989 0.27 3.11
Aug 2018 932.156072512919 0.38 3.42
Sep 2018 935.9456545914843 0.41 3.59
Oct 2018 939.4655727365509 0.38 3.61
Nov 2018 943.5659733053465 0.44 3.75
Dec 2018 948.8256236444441 0.56 4.13
Jan 2019 952.0969571823858 0.35 4.33
Feb 2019 955.5472072597987 0.36 4.50
Mar 2019 958.496909395361 0.31 4.49
Apr 2019 961.9769790767018 0.36 4.37
May 2019 966.3117542633717 0.45 4.50
Jun 2019 971.7099444551519 0.56 4.93
Jul 2019 976.5775248184195 0.50 5.16
Aug 2019 981.3921873576531 0.49 5.28
Sep 2019 985.6129910160777 0.43 5.31
Oct 2019 989.7106020931104 0.42 5.35
Nov 2019 993.8999317243345 0.42 5.33
Dec 2019 997.9513088139995 0.41 5.18
Jan 2020 1003.3360246203465 0.54 5.38
Feb 2020 1008.3607136264723 0.50 5.53
Mar 2020 1012.6321057624419 0.42 5.65
Apr 2020 1011.554964444154 -0.11 5.15
May 2020 1007.9011256665951 -0.36 4.30
Jun 2020 1012.9263284988031 0.50 4.24
Jul 2020 1021.6226391682436 0.86 4.61
Aug 2020 1032.4136900274734 1.06 5.20
Sep 2020 1040.8442112494545 0.82 5.60
Oct 2020 1049.7655650226964 0.86 6.07
Nov 2020 1060.6804334467877 1.04 6.72
Dec 2020 1069.9863824839601 0.88 7.22
Jan 2021 1079.895921951674 0.93 7.63
Feb 2021 1092.2343963015849 1.14 8.32
Mar 2021 1105.7204561855767 1.24 9.19
Apr 2021 1123.7014788189028 1.63 11.09
May 2021 1142.0318366875858 1.63 13.31
Jun 2021 1161.0074142162046 1.66 14.62
Jul 2021 1179.0857353694082 1.56 15.41
Aug 2021 1200.925633188176 1.85 16.32
Sep 2021 1220.9071120462863 1.66 17.30
Oct 2021 1234.4810781796286 1.11 17.60
Nov 2021 1242.5577489471425 0.65 17.15
Dec 2021 1257.3584897652315 1.19 17.51
Jan 2022 1269.6033565064583 0.97 17.57
Feb 2022 1283.4403944117464 1.09 17.51
Mar 2022 1293.679633741515 0.80 17.00
Apr 2022 1307.988192455687 1.11 16.40
May 2022 1325.5366976570178 1.34 16.07
Jun 2022 1336.9435774552471 0.86 15.15
Jul 2022 1349.0375135991264 0.91 14.41
Aug 2022 1350.5455021432354 0.11 12.46
Sep 2022 1356.2404691803542 0.42 11.09
Oct 2022 1363.7309397014617 0.55 10.47
Nov 2022 1375.5437197564518 0.87 10.70
Dec 2022 1381.0917375222405 0.40 9.84
Jan 2023 1388.5768834194753 0.54 9.37
Feb 2023 1388.2958113336124 -0.02 8.17
Mar 2023 1398.3357327835781 0.72 8.09
Apr 2023 1401.0775257166636 0.20 7.12
May 2023 1408.3185739394341 0.52 6.25
Jun 2023 1409.474795569855 0.08 5.43
Jul 2023 1411.503667124767 0.14 4.63
Aug 2023 1415.2011079375213 0.26 4.79
Sep 2023 1419.462430529469 0.30 4.66
Oct 2023 1425.843964467228 0.45 4.56
Nov 2023 1433.7047449238567 0.55 4.23
Dec 2023 1438.7683228712178 0.35 4.18
Jan 2024 1441.1559769161668 0.17 3.79
Feb 2024 1445.2901523870564 0.29 4.11
Mar 2024 1446.506533993618 0.08 3.45
Apr 2024 1452.7425462492085 0.43 3.69
May 2024 1453.7994662721442 0.07 3.23
Jun 2024 1459.1913750363467 0.37 3.53
Jul 2024 1462.1954771527976 0.21 3.59
Aug 2024 1467.5064457894737 0.36 3.70
Sep 2024 1471.0521378331669 0.24 3.63
Oct 2024 1472.5613125017403 0.10 3.28
Nov 2024 1474.1071440530407 0.11 2.82
Dec 2024 1480.8044615906044 0.45 2.92
Jan 2025 1487.9445709940262 0.48 3.25
Feb 2025 1494.0385288570078 0.41 3.37
Mar 2025 1498.0914469052311 0.27 3.57
Apr 2025 1500.123403158627 0.14 3.26
May 2025 1502.4928827065867 0.16 3.35
Jun 2025 1505.1625337877601 0.18 3.15
Jul 2025 1508.4473470137514 0.22 3.16
Aug 2025 1510.5221209798065 0.14 2.93
Sep 2025 1512.126889392179 0.11 2.79
Oct 2025 1513.334808785458 0.08 2.77
Nov 2025 1512.3163404456573 -0.07 2.59
Dec 2025 1509.0277234874873 -0.22 1.91
Jan 2026 1505.5947903284728 -0.23 1.19
Feb 2026 1502.850796813466 -0.18 0.59