Richmond, VA (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 Richmond, VA Metro in February 2026 was $1,658.203. The month over month percentage change (MoM) was 0.40%, and the year over year percentage change (YoY) was 3.83%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the Richmond, VA metro. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the Richmond, VA 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.
Richmond, VA (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Richmond, VA (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 947.0757311501959 NaN NaN
Feb 2015 951.0869632463955 0.42 NaN
Mar 2015 951.0421787779256 0.00 NaN
Apr 2015 952.3005063982239 0.13 NaN
May 2015 949.8472161630004 -0.26 NaN
Jun 2015 952.4257036553785 0.27 NaN
Jul 2015 955.4439976209535 0.32 NaN
Aug 2015 962.5037249683918 0.74 NaN
Sep 2015 966.9544657219858 0.46 NaN
Oct 2015 973.2294162561517 0.65 NaN
Nov 2015 972.8601890116272 -0.04 NaN
Dec 2015 975.5342008832084 0.28 NaN
Jan 2016 973.6375244561654 -0.19 2.81
Feb 2016 973.7923573506843 0.02 2.39
Mar 2016 975.8482243847238 0.21 2.61
Apr 2016 980.9087032638131 0.52 3.00
May 2016 983.1554621807289 0.23 3.51
Jun 2016 985.9218808200686 0.28 3.52
Jul 2016 987.3851423547844 0.15 3.34
Aug 2016 990.114614761418 0.28 2.87
Sep 2016 991.7886464459552 0.17 2.57
Oct 2016 995.2432210858125 0.35 2.26
Nov 2016 996.5112693182444 0.13 2.43
Dec 2016 1000.5546402891832 0.41 2.57
Jan 2017 1002.4498072441245 0.19 2.96
Feb 2017 1006.3159142506697 0.39 3.34
Mar 2017 1010.6713820349194 0.43 3.57
Apr 2017 1014.2643788652688 0.36 3.40
May 2017 1022.2062139660849 0.78 3.97
Jun 2017 1024.8729210987146 0.26 3.95
Jul 2017 1033.0401557462899 0.80 4.62
Aug 2017 1035.5409218379634 0.24 4.59
Sep 2017 1039.6079769692644 0.39 4.82
Oct 2017 1040.9822470336915 0.13 4.60
Nov 2017 1045.754062613247 0.46 4.94
Dec 2017 1050.595248810948 0.46 5.00
Jan 2018 1055.751408974058 0.49 5.32
Feb 2018 1061.8512414538625 0.58 5.52
Mar 2018 1062.654660785116 0.08 5.14
Apr 2018 1066.018096518256 0.32 5.10
May 2018 1068.5868766785663 0.24 4.54
Jun 2018 1076.115740844389 0.71 5.00
Jul 2018 1077.9553189631556 0.17 4.35
Aug 2018 1079.360491479604 0.13 4.23
Sep 2018 1081.8200146561112 0.23 4.06
Oct 2018 1086.329850604164 0.42 4.36
Nov 2018 1096.2651373809872 0.92 4.83
Dec 2018 1097.5803511020958 0.12 4.47
Jan 2019 1104.2948892540583 0.61 4.60
Feb 2019 1104.288833712435 0.00 4.00
Mar 2019 1110.5482547932854 0.57 4.51
Apr 2019 1114.4920834368809 0.36 4.55
May 2019 1117.6143748173877 0.28 4.59
Jun 2019 1119.2921404040112 0.15 4.01
Jul 2019 1122.9227712715392 0.32 4.17
Aug 2019 1129.3666599791138 0.57 4.63
Sep 2019 1134.4876192187903 0.45 4.87
Oct 2019 1138.8940565692287 0.39 4.84
Nov 2019 1137.9842156850084 -0.08 3.81
Dec 2019 1143.0593279674029 0.45 4.14
Jan 2020 1144.3154029783227 0.11 3.62
Feb 2020 1149.8091647829208 0.48 4.12
Mar 2020 1155.5203238922652 0.50 4.05
Apr 2020 1155.7754345899934 0.02 3.70
May 2020 1158.4745284996884 0.23 3.66
Jun 2020 1158.94117152697 0.04 3.54
Jul 2020 1167.3236822654892 0.72 3.95
Aug 2020 1171.8587706621613 0.39 3.76
Sep 2020 1181.6127959955593 0.83 4.15
Oct 2020 1189.9602543466342 0.71 4.48
Nov 2020 1198.0531849580932 0.68 5.28
Dec 2020 1202.454154570034 0.37 5.20
Jan 2021 1208.3900174141131 0.49 5.60
Feb 2021 1215.0025489997322 0.55 5.67
Mar 2021 1227.9619265352187 1.07 6.27
Apr 2021 1240.8310243459032 1.05 7.36
May 2021 1256.9258976464619 1.30 8.50
Jun 2021 1273.2869259143001 1.30 9.87
Jul 2021 1288.9467038964935 1.23 10.42
Aug 2021 1303.5060748887975 1.13 11.23
Sep 2021 1315.3699485269128 0.91 11.32
Oct 2021 1329.6722270903037 1.09 11.74
Nov 2021 1344.1453925679564 1.09 12.19
Dec 2021 1363.1974487996606 1.42 13.37
Jan 2022 1375.595991269832 0.91 13.84
Feb 2022 1388.2355362116261 0.92 14.26
Mar 2022 1395.8689543357416 0.55 13.67
Apr 2022 1408.8006063949683 0.93 13.54
May 2022 1420.6667247837931 0.84 13.03
Jun 2022 1433.8865371614722 0.93 12.61
Jul 2022 1447.8677978689204 0.98 12.33
Aug 2022 1456.2878817077692 0.58 11.72
Sep 2022 1462.7169232273257 0.44 11.20
Oct 2022 1464.399065265477 0.12 10.13
Nov 2022 1467.0481645934472 0.18 9.14
Dec 2022 1467.898284318685 0.06 7.68
Jan 2023 1470.210738998564 0.16 6.88
Feb 2023 1472.517722941244 0.16 6.07
Mar 2023 1476.5226176566614 0.27 5.78
Apr 2023 1478.710662760222 0.15 4.96
May 2023 1480.6771983467881 0.13 4.22
Jun 2023 1480.79210666723 0.01 3.27
Jul 2023 1476.8663855392222 -0.26 2.00
Aug 2023 1480.6000092152992 0.25 1.67
Sep 2023 1488.9054532214604 0.56 1.79
Oct 2023 1498.1873639599544 0.62 2.31
Nov 2023 1503.4151016645262 0.35 2.48
Dec 2023 1503.7844762406812 0.03 2.44
Jan 2024 1513.668794169348 0.66 2.96
Feb 2024 1523.1482067766474 0.63 3.44
Mar 2024 1530.6348418490952 0.49 3.67
Apr 2024 1537.7906067379536 0.47 4.00
May 2024 1542.9022716623701 0.33 4.20
Jun 2024 1552.1849482099606 0.60 4.82
Jul 2024 1557.442898931741 0.34 5.46
Aug 2024 1566.320311276247 0.57 5.79
Sep 2024 1569.9669515387586 0.23 5.44
Oct 2024 1575.5188940800474 0.35 5.16
Nov 2024 1584.7789982062293 0.59 5.41
Dec 2024 1594.2696023391068 0.60 6.02
Jan 2025 1595.5195726768056 0.08 5.41
Feb 2025 1596.99039511308 0.09 4.85
Mar 2025 1601.7996759092916 0.30 4.65
Apr 2025 1606.475262951184 0.29 4.47
May 2025 1612.882888128458 0.40 4.54
Jun 2025 1616.5235323791744 0.23 4.14
Jul 2025 1625.1538088681461 0.53 4.35
Aug 2025 1628.1311042352304 0.18 3.95
Sep 2025 1633.2628002682288 0.32 4.03
Oct 2025 1637.185033743843 0.24 3.91
Nov 2025 1639.9515353914726 0.17 3.48
Dec 2025 1645.111104288011 0.32 3.19
Jan 2026 1651.666753806279 0.40 3.52
Feb 2026 1658.2028477040215 0.40 3.83