Zip Code: 02038 (Franklin, Massachusetts) - 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 02038 Zip Code (Franklin, Massachusetts) in February 2026 was $2,479.244. The month over month percentage change (MoM) was 0.32%, and the year over year percentage change (YoY) was 0.08%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 02038 zip code (Franklin, Massachusetts). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 02038 zip code (Franklin, Massachusetts).

You can see similar information for other Massachusetts zip codes.

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.
Zip Code: 02038 (Franklin, Massachusetts) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 02038 (Franklin, Massachusetts) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 0 NaN NaN
Feb 2015 0 NaN NaN
Mar 2015 0 NaN NaN
Apr 2015 0 NaN NaN
May 2015 0 NaN NaN
Jun 2015 0 NaN NaN
Jul 2015 0 NaN NaN
Aug 2015 0 NaN NaN
Sep 2015 0 NaN NaN
Oct 2015 0 NaN NaN
Nov 2015 0 NaN NaN
Dec 2015 0 NaN NaN
Jan 2016 0 NaN NaN
Feb 2016 0 NaN NaN
Mar 2016 0 NaN NaN
Apr 2016 0 NaN NaN
May 2016 0 NaN NaN
Jun 2016 0 NaN NaN
Jul 2016 0 NaN NaN
Aug 2016 0 NaN NaN
Sep 2016 0 NaN NaN
Oct 2016 0 NaN NaN
Nov 2016 0 NaN NaN
Dec 2016 0 NaN NaN
Jan 2017 0 NaN NaN
Feb 2017 0 NaN NaN
Mar 2017 0 NaN NaN
Apr 2017 0 NaN NaN
May 2017 0 NaN NaN
Jun 2017 0 NaN NaN
Jul 2017 0 NaN NaN
Aug 2017 0 NaN NaN
Sep 2017 0 NaN NaN
Oct 2017 0 NaN NaN
Nov 2017 0 NaN NaN
Dec 2017 0 NaN NaN
Jan 2018 0 NaN NaN
Feb 2018 0 NaN NaN
Mar 2018 0 NaN NaN
Apr 2018 0 NaN NaN
May 2018 0 NaN NaN
Jun 2018 0 NaN NaN
Jul 2018 0 NaN NaN
Aug 2018 0 NaN NaN
Sep 2018 0 NaN NaN
Oct 2018 0 NaN NaN
Nov 2018 0 NaN NaN
Dec 2018 0 NaN NaN
Jan 2019 0 NaN NaN
Feb 2019 0 NaN NaN
Mar 2019 0 NaN NaN
Apr 2019 0 NaN NaN
May 2019 0 NaN NaN
Jun 2019 0 NaN NaN
Jul 2019 0 NaN NaN
Aug 2019 0 NaN NaN
Sep 2019 0 NaN NaN
Oct 2019 0 NaN NaN
Nov 2019 0 NaN NaN
Dec 2019 0 NaN NaN
Jan 2020 0 NaN NaN
Feb 2020 0 NaN NaN
Mar 2020 0 NaN NaN
Apr 2020 0 NaN NaN
May 2020 0 NaN NaN
Jun 2020 0 NaN NaN
Jul 2020 0 NaN NaN
Aug 2020 0 NaN NaN
Sep 2020 0 NaN NaN
Oct 2020 0 NaN NaN
Nov 2020 0 NaN NaN
Dec 2020 0 NaN NaN
Jan 2021 0 NaN NaN
Feb 2021 0 NaN NaN
Mar 2021 0 NaN NaN
Apr 2021 0 NaN NaN
May 2021 0 NaN NaN
Jun 2021 1897.0248384891158 Infinity Infinity
Jul 2021 1934.0670591465262 1.95 Infinity
Aug 2021 1950.57806363102 0.85 Infinity
Sep 2021 1969.4346102108693 0.97 Infinity
Oct 2021 1957.0306304947378 -0.63 Infinity
Nov 2021 1971.0622323136695 0.72 Infinity
Dec 2021 1953.8260865727584 -0.87 Infinity
Jan 2022 1988.448785329101 1.77 Infinity
Feb 2022 2003.3359439034205 0.75 Infinity
Mar 2022 2082.0798722690683 3.93 Infinity
Apr 2022 2141.8236385357154 2.87 Infinity
May 2022 2170.0672097274482 1.32 Infinity
Jun 2022 2166.358210735069 -0.17 14.20
Jul 2022 2143.189697277439 -1.07 10.81
Aug 2022 2172.726934455758 1.38 11.39
Sep 2022 2208.0273029909163 1.63 12.12
Oct 2022 2210.333876770035 0.10 12.94
Nov 2022 2208.9763642801063 -0.06 12.07
Dec 2022 2197.4158918670123 -0.52 12.47
Jan 2023 2186.6912991778645 -0.49 9.97
Feb 2023 2189.2664967964174 0.12 9.28
Mar 2023 2216.8386073126735 1.26 6.47
Apr 2023 2244.600463555737 1.25 4.80
May 2023 2245.52975926367 0.04 3.48
Jun 2023 2218.5211100824627 -1.20 2.41
Jul 2023 2228.623800112221 0.46 3.99
Aug 2023 2232.0998611941873 0.16 2.73
Sep 2023 2241.469850173538 0.42 1.52
Oct 2023 2284.010067513158 1.90 3.33
Nov 2023 2280.5853898277564 -0.15 3.24
Dec 2023 2317.0343218351663 1.60 5.44
Jan 2024 2316.9149982445265 0.00 5.96
Feb 2024 2334.7239556033405 0.77 6.64
Mar 2024 2324.0442304779785 -0.46 4.84
Apr 2024 2284.893378702823 -1.68 1.80
May 2024 2328.2808711561097 1.90 3.69
Jun 2024 2349.4226160698904 0.91 5.90
Jul 2024 2429.5083703898827 3.41 9.01
Aug 2024 2421.1974358228235 -0.34 8.47
Sep 2024 2425.211402471401 0.17 8.20
Oct 2024 2374.243444618645 -2.10 3.95
Nov 2024 2424.3081037597394 2.11 6.30
Dec 2024 2449.653696855499 1.05 5.72
Jan 2025 2487.4964680187013 1.55 7.36
Feb 2025 2477.1919571554386 -0.41 6.10
Mar 2025 2481.272176575874 0.17 6.77
Apr 2025 2511.3390047643834 1.21 9.91
May 2025 2493.2492741007404 -0.72 7.09
Jun 2025 2513.170342363389 0.80 6.97
Jul 2025 2470.6030846802087 -1.69 1.69
Aug 2025 2489.4708450301814 0.76 2.82
Sep 2025 2493.148691483664 0.15 2.80
Oct 2025 2528.5248820981983 1.42 6.50
Nov 2025 2506.791181603866 -0.86 3.40
Dec 2025 2486.2791490829904 -0.82 1.50
Jan 2026 2471.2253279649844 -0.60 -0.65
Feb 2026 2479.2444444444445 0.32 0.08