New Orleans, LA (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 New Orleans, LA Metro in February 2026 was $1,577.003. The month over month percentage change (MoM) was 0.00%, and the year over year percentage change (YoY) was 0.14%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the New Orleans, LA metro. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the New Orleans, LA 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.
New Orleans, LA (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
New Orleans, LA (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1100.3683466751877 NaN NaN
Feb 2015 1107.8829189946932 0.68 NaN
Mar 2015 1113.082776502239 0.47 NaN
Apr 2015 1129.1167474002684 1.44 NaN
May 2015 1127.922498206444 -0.11 NaN
Jun 2015 1133.7886684639827 0.52 NaN
Jul 2015 1137.3485987573845 0.31 NaN
Aug 2015 1136.4488053738276 -0.08 NaN
Sep 2015 1140.622120594844 0.37 NaN
Oct 2015 1137.9128634984518 -0.24 NaN
Nov 2015 1144.2867755503758 0.56 NaN
Dec 2015 1135.878350561188 -0.73 NaN
Jan 2016 1150.641532343551 1.30 4.57
Feb 2016 1148.0381682379552 -0.23 3.63
Mar 2016 1157.4343465450966 0.82 3.99
Apr 2016 1144.426571831993 -1.12 1.36
May 2016 1146.024396406618 0.14 1.61
Jun 2016 1142.200766692769 -0.33 0.74
Jul 2016 1138.6674583303695 -0.31 0.12
Aug 2016 1138.7989901372107 0.01 0.21
Sep 2016 1139.4055453473163 0.05 -0.11
Oct 2016 1146.4920852735358 0.62 0.75
Nov 2016 1146.4192388273257 -0.01 0.19
Dec 2016 1152.7814864427069 0.56 1.49
Jan 2017 1149.8859993822375 -0.25 -0.07
Feb 2017 1153.0194446522848 0.27 0.43
Mar 2017 1147.4346194267657 -0.48 -0.86
Apr 2017 1151.3640382662531 0.34 0.61
May 2017 1153.3131722235698 0.17 0.64
Jun 2017 1155.9806686863299 0.23 1.21
Jul 2017 1157.6880557146692 0.15 1.67
Aug 2017 1160.497605694623 0.24 1.91
Sep 2017 1164.0365348293822 0.31 2.16
Oct 2017 1164.8591276336315 0.07 1.60
Nov 2017 1165.3666683497431 0.04 1.65
Dec 2017 1169.3306838949557 0.34 1.44
Jan 2018 1170.37015300709 0.09 1.78
Feb 2018 1169.1029717399852 -0.11 1.40
Mar 2018 1172.2643939701036 0.27 2.16
Apr 2018 1176.9763093243416 0.40 2.23
May 2018 1180.4640485412874 0.30 2.35
Jun 2018 1182.2910459098866 0.16 2.28
Jul 2018 1184.4696975989004 0.18 2.31
Aug 2018 1184.4459760339882 0.00 2.06
Sep 2018 1184.400510611801 0.00 1.75
Oct 2018 1185.409182997948 0.09 1.76
Nov 2018 1188.6363202669827 0.27 2.00
Dec 2018 1190.8544371413745 0.19 1.84
Jan 2019 1194.3560449822141 0.29 2.05
Feb 2019 1202.1439975608162 0.65 2.83
Mar 2019 1205.990636858126 0.32 2.88
Apr 2019 1208.1380589504147 0.18 2.65
May 2019 1209.9020315840178 0.15 2.49
Jun 2019 1213.4305125072738 0.29 2.63
Jul 2019 1217.2134565622455 0.31 2.76
Aug 2019 1221.5891871955155 0.36 3.14
Sep 2019 1225.4253807520972 0.31 3.46
Oct 2019 1228.7119355912507 0.27 3.65
Nov 2019 1231.6197349955567 0.24 3.62
Dec 2019 1232.7495188477512 0.09 3.52
Jan 2020 1235.5193303505944 0.23 3.45
Feb 2020 1235.444509376743 -0.01 2.77
Mar 2020 1241.812998830032 0.52 2.97
Apr 2020 1242.1400095706006 0.03 2.81
May 2020 1244.3281083494949 0.18 2.85
Jun 2020 1246.3494757959747 0.16 2.71
Jul 2020 1253.47356730376 0.57 2.98
Aug 2020 1257.739670851157 0.34 2.96
Sep 2020 1262.3621438588766 0.37 3.01
Oct 2020 1265.7307571723466 0.27 3.01
Nov 2020 1270.0049293780833 0.34 3.12
Dec 2020 1272.210774712737 0.17 3.20
Jan 2021 1278.2867029558158 0.48 3.46
Feb 2021 1280.9223305610542 0.21 3.68
Mar 2021 1289.3104810604827 0.66 3.83
Apr 2021 1295.625769408239 0.49 4.31
May 2021 1308.1620634901126 0.97 5.13
Jun 2021 1320.0837522172162 0.91 5.92
Jul 2021 1333.8256023046943 1.04 6.41
Aug 2021 1349.6282548407348 1.19 7.31
Sep 2021 1371.2094796217505 1.60 8.62
Oct 2021 1392.8667422300457 1.58 10.04
Nov 2021 1412.8136123914405 1.43 11.25
Dec 2021 1428.848928862992 1.14 12.31
Jan 2022 1442.7952074050952 0.98 12.87
Feb 2022 1456.3055545731686 0.94 13.69
Mar 2022 1461.7251601623993 0.37 13.37
Apr 2022 1472.484475860473 0.74 13.65
May 2022 1475.953375374189 0.24 12.83
Jun 2022 1483.0887443394483 0.48 12.35
Jul 2022 1485.1440205727572 0.14 11.35
Aug 2022 1486.2909048907836 0.08 10.13
Sep 2022 1484.479862762657 -0.12 8.26
Oct 2022 1480.3290001092869 -0.28 6.28
Nov 2022 1478.7236619037117 -0.11 4.67
Dec 2022 1478.2556448832054 -0.03 3.46
Jan 2023 1479.218873270434 0.07 2.53
Feb 2023 1483.9718508216713 0.32 1.90
Mar 2023 1489.6233783120726 0.38 1.91
Apr 2023 1495.6931358563618 0.41 1.58
May 2023 1502.4152436142783 0.45 1.79
Jun 2023 1505.491676157027 0.21 1.51
Jul 2023 1509.6817294010502 0.28 1.65
Aug 2023 1514.3684583073311 0.31 1.89
Sep 2023 1516.1332881871413 0.12 2.13
Oct 2023 1520.0832990844594 0.26 2.69
Nov 2023 1518.728950117699 -0.09 2.71
Dec 2023 1523.2185436837613 0.30 3.04
Jan 2024 1525.1376817324333 0.13 3.10
Feb 2024 1525.686204250804 0.04 2.81
Mar 2024 1525.7120306383292 0.00 2.42
Apr 2024 1527.4166010689826 0.11 2.12
May 2024 1533.3093288565244 0.39 2.06
Jun 2024 1539.4616796041075 0.40 2.26
Jul 2024 1545.2371787714094 0.38 2.36
Aug 2024 1551.562281697601 0.41 2.46
Sep 2024 1560.7215324564472 0.59 2.94
Oct 2024 1565.8997457775763 0.33 3.01
Nov 2024 1572.7540740243137 0.44 3.56
Dec 2024 1570.9498876260056 -0.11 3.13
Jan 2025 1572.3508681116036 0.09 3.10
Feb 2025 1574.8183128685669 0.16 3.22
Mar 2025 1578.6700302601917 0.25 3.47
Apr 2025 1579.6352677090274 0.06 3.42
May 2025 1578.0499094089566 -0.10 2.92
Jun 2025 1577.017892916707 -0.06 2.44
Jul 2025 1576.3948768814928 -0.04 2.02
Aug 2025 1574.8447172674787 -0.10 1.50
Sep 2025 1572.5914144883998 -0.14 0.76
Oct 2025 1572.3434887126741 -0.02 0.41
Nov 2025 1572.478444036832 0.01 -0.02
Dec 2025 1575.6906564345281 0.20 0.30
Jan 2026 1577.0412042035696 0.09 0.30
Feb 2026 1577.002664621453 0.00 0.14