Buffalo, NY (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 Buffalo, NY Metro in February 2026 was $1,374.311. The month over month percentage change (MoM) was 0.41%, and the year over year percentage change (YoY) was 3.44%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the Buffalo, NY metro. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the Buffalo, NY 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.
Buffalo, NY (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Buffalo, NY (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 777.8823696408722 NaN NaN
Feb 2015 784.8055587844129 0.89 NaN
Mar 2015 792.6513615410536 1.00 NaN
Apr 2015 794.9890789173485 0.30 NaN
May 2015 796.4950703110428 0.19 NaN
Jun 2015 794.9292087936094 -0.20 NaN
Jul 2015 798.1134333126097 0.40 NaN
Aug 2015 807.2878377128948 1.15 NaN
Sep 2015 813.5660955545671 0.78 NaN
Oct 2015 815.00253500212 0.18 NaN
Nov 2015 813.5978553876881 -0.17 NaN
Dec 2015 814.0880348740976 0.06 NaN
Jan 2016 812.5107808425834 -0.19 4.45
Feb 2016 809.8382034947804 -0.33 3.19
Mar 2016 810.3690782574367 0.07 2.24
Apr 2016 821.9795657672272 1.43 3.40
May 2016 829.8546332088789 0.96 4.19
Jun 2016 834.2993955186776 0.54 4.95
Jul 2016 824.3743591387447 -1.19 3.29
Aug 2016 822.7645477877969 -0.19 1.92
Sep 2016 825.9874952708964 0.39 1.53
Oct 2016 833.05051562222 0.86 2.21
Nov 2016 833.5858816006659 0.06 2.46
Dec 2016 833.9785965068918 0.05 2.44
Jan 2017 838.9602334499658 0.60 3.26
Feb 2017 847.48764411749 1.02 4.65
Mar 2017 851.9402687888528 0.53 5.13
Apr 2017 849.3965664317727 -0.30 3.34
May 2017 851.0957427171936 0.20 2.56
Jun 2017 856.301680776829 0.61 2.64
Jul 2017 867.2575259531366 1.28 5.20
Aug 2017 870.2748216588058 0.35 5.77
Sep 2017 867.6270976429779 -0.30 5.04
Oct 2017 870.1867637297074 0.30 4.46
Nov 2017 875.929185914626 0.66 5.08
Dec 2017 882.9625294891083 0.80 5.87
Jan 2018 883.0402094029587 0.01 5.25
Feb 2018 882.7935697685126 -0.03 4.17
Mar 2018 883.8924565511019 0.12 3.75
Apr 2018 886.0180490839757 0.24 4.31
May 2018 883.8635272402754 -0.24 3.85
Jun 2018 887.5406514111937 0.42 3.65
Jul 2018 889.7065464768635 0.24 2.59
Aug 2018 896.060890202607 0.71 2.96
Sep 2018 898.8677673402506 0.31 3.60
Oct 2018 899.4171427602431 0.06 3.36
Nov 2018 905.3449529013039 0.66 3.36
Dec 2018 908.7441753511529 0.38 2.92
Jan 2019 916.2753289192312 0.83 3.76
Feb 2019 913.0149664976101 -0.36 3.42
Mar 2019 916.8217496335274 0.42 3.73
Apr 2019 921.0981923305351 0.47 3.96
May 2019 927.5971297835032 0.71 4.95
Jun 2019 928.6279397157161 0.11 4.63
Jul 2019 930.8608911388851 0.24 4.63
Aug 2019 931.9382723196563 0.12 4.00
Sep 2019 937.8382316249523 0.63 4.34
Oct 2019 942.2729637204163 0.47 4.76
Nov 2019 942.4374114594079 0.02 4.10
Dec 2019 943.9892646351063 0.17 3.88
Jan 2020 945.019160149349 0.11 3.14
Feb 2020 953.9187974470556 0.94 4.48
Mar 2020 960.033413694785 0.64 4.71
Apr 2020 969.9069186552853 1.03 5.30
May 2020 971.0434820768186 0.12 4.68
Jun 2020 978.0352292555447 0.72 5.32
Jul 2020 980.5853050886599 0.26 5.34
Aug 2020 985.9602484539099 0.55 5.80
Sep 2020 991.1170062784103 0.52 5.68
Oct 2020 999.2250743340228 0.82 6.04
Nov 2020 1002.562611069291 0.33 6.38
Dec 2020 1005.1094709585465 0.25 6.48
Jan 2021 1011.9209065632441 0.68 7.08
Feb 2021 1021.9454111361496 0.99 7.13
Mar 2021 1030.321393754154 0.82 7.32
Apr 2021 1036.747539226826 0.62 6.89
May 2021 1045.8437586337996 0.88 7.70
Jun 2021 1056.9369030639552 1.06 8.07
Jul 2021 1066.121054324586 0.87 8.72
Aug 2021 1077.5727640386376 1.07 9.29
Sep 2021 1090.2781577041342 1.18 10.01
Oct 2021 1098.4816852450526 0.75 9.93
Nov 2021 1107.32599565048 0.81 10.45
Dec 2021 1115.396164392432 0.73 10.97
Jan 2022 1123.565569893353 0.73 11.03
Feb 2022 1131.5545225279093 0.71 10.73
Mar 2022 1138.9885451084178 0.66 10.55
Apr 2022 1146.6944905869866 0.68 10.61
May 2022 1154.1812286196803 0.65 10.36
Jun 2022 1161.4108491547943 0.63 9.89
Jul 2022 1171.3728112382812 0.86 9.87
Aug 2022 1178.4076602689395 0.60 9.36
Sep 2022 1183.4191822377923 0.43 8.54
Oct 2022 1186.8423564351083 0.29 8.04
Nov 2022 1194.5428317623252 0.65 7.88
Dec 2022 1201.0165055440477 0.54 7.68
Jan 2023 1211.412104843842 0.87 7.82
Feb 2023 1212.7229287225673 0.11 7.17
Mar 2023 1218.8249926285755 0.50 7.01
Apr 2023 1220.2926200645627 0.12 6.42
May 2023 1228.268606553086 0.65 6.42
Jun 2023 1233.5631909242904 0.43 6.21
Jul 2023 1242.0483964843445 0.69 6.03
Aug 2023 1246.9781776066648 0.40 5.82
Sep 2023 1249.6143612263638 0.21 5.59
Oct 2023 1255.289207290326 0.45 5.77
Nov 2023 1259.1469815198457 0.31 5.41
Dec 2023 1264.989552433718 0.46 5.33
Jan 2024 1267.5989697786836 0.21 4.64
Feb 2024 1276.6199090451084 0.71 5.27
Mar 2024 1286.3761819725194 0.76 5.54
Apr 2024 1290.020803668627 0.28 5.71
May 2024 1293.366956292164 0.26 5.30
Jun 2024 1294.1118064229422 0.06 4.91
Jul 2024 1297.3627412737246 0.25 4.45
Aug 2024 1300.9770915048434 0.28 4.33
Sep 2024 1310.0013843315537 0.69 4.83
Oct 2024 1316.8774561367331 0.53 4.91
Nov 2024 1324.0197583663585 0.54 5.15
Dec 2024 1327.2912138368797 0.25 4.93
Jan 2025 1328.3342359546866 0.08 4.79
Feb 2025 1328.6605948524088 0.03 4.08
Mar 2025 1328.6263828963265 0.00 3.28
Apr 2025 1335.5091443860927 0.52 3.53
May 2025 1339.0778858245478 0.27 3.53
Jun 2025 1345.930983825591 0.51 4.00
Jul 2025 1348.494774050447 0.19 3.94
Aug 2025 1352.9796248983153 0.33 4.00
Sep 2025 1354.6081472076899 0.12 3.41
Oct 2025 1356.715001228836 0.16 3.03
Nov 2025 1358.4471619953374 0.13 2.60
Dec 2025 1362.3474753603984 0.29 2.64
Jan 2026 1368.7190901146957 0.47 3.04
Feb 2026 1374.310884598038 0.41 3.44