Merced, CA (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 Merced, CA Metro in February 2026 was $1,875.654. The month over month percentage change (MoM) was 0.59%, and the year over year percentage change (YoY) was 1.32%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the Merced, CA metro. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the Merced, CA 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.
Merced, CA (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Merced, CA (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 875.0373588710896 NaN NaN
Feb 2015 882.9662625324776 0.91 NaN
Mar 2015 893.353310862693 1.18 NaN
Apr 2015 893.6363772665914 0.03 NaN
May 2015 894.4963920001054 0.10 NaN
Jun 2015 898.3066832397651 0.43 NaN
Jul 2015 906.4527534094581 0.91 NaN
Aug 2015 909.4634539470794 0.33 NaN
Sep 2015 907.8708156764053 -0.17 NaN
Oct 2015 917.1088247816713 1.02 NaN
Nov 2015 925.1591840680749 0.88 NaN
Dec 2015 938.3338062045747 1.42 NaN
Jan 2016 939.6618975018514 0.14 7.39
Feb 2016 948.8248412483767 0.98 7.46
Mar 2016 948.8059520895929 0.00 6.21
Apr 2016 960.3490342601392 1.22 7.47
May 2016 966.7541026300984 0.67 8.08
Jun 2016 980.197326173694 1.39 9.12
Jul 2016 988.8548746359493 0.88 9.09
Aug 2016 996.5667470650293 0.78 9.58
Sep 2016 1005.2446128809203 0.87 10.73
Oct 2016 1009.8348732550377 0.46 10.11
Nov 2016 1017.0497095495451 0.71 9.93
Dec 2016 1026.705161892664 0.95 9.42
Jan 2017 1034.988461332401 0.81 10.15
Feb 2017 1039.8418698005796 0.47 9.59
Mar 2017 1045.0035146716352 0.50 10.14
Apr 2017 1056.5418194220679 1.10 10.02
May 2017 1067.5113998056743 1.04 10.42
Jun 2017 1069.9501582344715 0.23 9.16
Jul 2017 1072.9405210526897 0.28 8.50
Aug 2017 1080.9382601103387 0.75 8.47
Sep 2017 1094.501454199803 1.25 8.88
Oct 2017 1096.2588184831995 0.16 8.56
Nov 2017 1103.2421919443611 0.64 8.48
Dec 2017 1113.3580633353934 0.92 8.44
Jan 2018 1133.1677112652035 1.78 9.49
Feb 2018 1141.4586340794071 0.73 9.77
Mar 2018 1141.866851497868 0.04 9.27
Apr 2018 1150.0729141893835 0.72 8.85
May 2018 1162.3975996072704 1.07 8.89
Jun 2018 1165.6277720559585 0.28 8.94
Jul 2018 1168.436720264304 0.24 8.90
Aug 2018 1164.0083206242966 -0.38 7.69
Sep 2018 1173.9023680378214 0.85 7.26
Oct 2018 1177.7374255820619 0.33 7.43
Nov 2018 1181.63387023321 0.33 7.11
Dec 2018 1182.1942182117766 0.05 6.18
Jan 2019 1188.6887687202843 0.55 4.90
Feb 2019 1199.5123076831721 0.91 5.09
Mar 2019 1214.0745728292068 1.21 6.32
Apr 2019 1216.5895280937814 0.21 5.78
May 2019 1217.219533085079 0.05 4.72
Jun 2019 1227.5754515946517 0.85 5.32
Jul 2019 1238.7782412733893 0.91 6.02
Aug 2019 1253.3611840100139 1.18 7.68
Sep 2019 1253.2197652715693 -0.01 6.76
Oct 2019 1264.7486112119216 0.92 7.39
Nov 2019 1272.615326200535 0.62 7.70
Dec 2019 1280.655523937511 0.63 8.33
Jan 2020 1279.2962618933936 -0.11 7.62
Feb 2020 1281.110906971608 0.14 6.80
Mar 2020 1283.9475615279118 0.22 5.76
Apr 2020 1294.4394139839587 0.82 6.40
May 2020 1288.3289238580226 -0.47 5.84
Jun 2020 1281.3974394978018 -0.54 4.38
Jul 2020 1277.8872179615303 -0.27 3.16
Aug 2020 1286.2300528369806 0.65 2.62
Sep 2020 1300.6590728713143 1.12 3.79
Oct 2020 1337.0829499630365 2.80 5.72
Nov 2020 1366.4446808023713 2.20 7.37
Dec 2020 1390.1532536617472 1.74 8.55
Jan 2021 1395.7766026555855 0.41 9.11
Feb 2021 1385.2793363395724 -0.75 8.13
Mar 2021 1402.8211379713416 1.27 9.26
Apr 2021 1419.115794827734 1.16 9.63
May 2021 1465.2511400190765 3.25 13.73
Jun 2021 1505.1487415219071 2.72 17.46
Jul 2021 1542.067249289742 2.45 20.67
Aug 2021 1577.405567359583 2.29 22.64
Sep 2021 1600.777796719189 1.48 23.07
Oct 2021 1601.5907222264989 0.05 19.78
Nov 2021 1620.3251880184962 1.17 18.58
Dec 2021 1630.2005744428748 0.61 17.27
Jan 2022 1652.8365270002637 1.39 18.42
Feb 2022 1674.1910142758984 1.29 20.86
Mar 2022 1677.958668929388 0.23 19.61
Apr 2022 1690.2134003284427 0.73 19.10
May 2022 1678.1779503544876 -0.71 14.53
Jun 2022 1681.2271795376014 0.18 11.70
Jul 2022 1672.5400657641294 -0.52 8.46
Aug 2022 1663.7190931642053 -0.53 5.47
Sep 2022 1667.0861546653089 0.20 4.14
Oct 2022 1675.7069568655343 0.52 4.63
Nov 2022 1677.5992817902875 0.11 3.54
Dec 2022 1677.8922604284387 0.02 2.93
Jan 2023 1682.8585655572726 0.30 1.82
Feb 2023 1694.9534855866088 0.72 1.24
Mar 2023 1704.2843485813262 0.55 1.57
Apr 2023 1718.1029230400575 0.81 1.65
May 2023 1718.0077870165653 -0.01 2.37
Jun 2023 1717.0325175699813 -0.06 2.13
Jul 2023 1713.2008937519827 -0.22 2.43
Aug 2023 1725.0566182158268 0.69 3.69
Sep 2023 1728.936686073628 0.23 3.71
Oct 2023 1738.513163384491 0.55 3.75
Nov 2023 1736.8938395822456 -0.09 3.53
Dec 2023 1742.4958893768883 0.32 3.85
Jan 2024 1742.194589055364 -0.02 3.53
Feb 2024 1747.3728185886691 0.30 3.09
Mar 2024 1757.3457447804246 0.57 3.11
Apr 2024 1763.6684209530647 0.36 2.65
May 2024 1779.1332506806696 0.88 3.56
Jun 2024 1778.9398253203926 -0.01 3.61
Jul 2024 1797.2956353022462 1.03 4.91
Aug 2024 1797.127338521478 -0.01 4.18
Sep 2024 1814.4978818657369 0.97 4.95
Oct 2024 1812.7256949729738 -0.10 4.27
Nov 2024 1838.5486810778884 1.43 5.85
Dec 2024 1848.6494456524347 0.55 6.09
Jan 2025 1862.4573360279057 0.75 6.90
Feb 2025 1851.2187934839706 -0.60 5.94
Mar 2025 1852.792038863746 0.09 5.43
Apr 2025 1852.7901614685536 0.00 5.05
May 2025 1856.0042587812054 0.17 4.32
Jun 2025 1868.5209806172684 0.67 5.04
Jul 2025 1869.8997725300649 0.07 4.04
Aug 2025 1877.4419128712939 0.40 4.47
Sep 2025 1872.4905970584134 -0.26 3.20
Oct 2025 1878.507445627772 0.32 3.63
Nov 2025 1868.8769858479202 -0.51 1.65
Dec 2025 1867.7491241406076 -0.06 1.03
Jan 2026 1864.7201521008117 -0.16 0.12
Feb 2026 1875.6544715447155 0.59 1.32