Zip Code: 02840 (Newport, Rhode Island) - 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 02840 Zip Code (Newport, Rhode Island) in February 2026 was $3,177.48. The month over month percentage change (MoM) was 1.36%, and the year over year percentage change (YoY) was 7.04%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 02840 zip code (Newport, Rhode Island). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 02840 zip code (Newport, Rhode Island).

You can see similar information for other Rhode Island 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: 02840 (Newport, Rhode Island) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 02840 (Newport, Rhode Island) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1159.0186026117767 NaN NaN
Feb 2015 1172.5019251596511 1.16 NaN
Mar 2015 1179.10718356215 0.56 NaN
Apr 2015 1173.4552446646558 -0.48 NaN
May 2015 1197.8172244036746 2.08 NaN
Jun 2015 1206.4072417922184 0.72 NaN
Jul 2015 1242.6330772287445 3.00 NaN
Aug 2015 1266.8674062340417 1.95 NaN
Sep 2015 1274.7785617211216 0.62 NaN
Oct 2015 1286.864221729924 0.95 NaN
Nov 2015 1284.8371893076403 -0.16 NaN
Dec 2015 1274.8881576104552 -0.77 NaN
Jan 2016 1291.3658198085554 1.29 11.42
Feb 2016 1297.3508080619724 0.46 10.65
Mar 2016 1296.454343003773 -0.07 9.95
Apr 2016 1324.0424929574451 2.13 12.83
May 2016 1327.6655101950303 0.27 10.84
Jun 2016 1322.5648617644672 -0.38 9.63
Jul 2016 1288.3465281222334 -2.59 3.68
Aug 2016 1298.5803693691835 0.79 2.50
Sep 2016 1337.0143548845244 2.96 4.88
Oct 2016 1339.5888932196629 0.19 4.10
Nov 2016 1369.5653719263482 2.24 6.59
Dec 2016 1376.2781721706942 0.49 7.95
Jan 2017 1407.4264317891104 2.26 8.99
Feb 2017 1397.303108309449 -0.72 7.70
Mar 2017 1380.2087902964122 -1.22 6.46
Apr 2017 1390.691726518507 0.76 5.03
May 2017 1386.0177958919076 -0.34 4.39
Jun 2017 1393.4640449009758 0.54 5.36
Jul 2017 1400.4288667730443 0.50 8.70
Aug 2017 1428.3551139412189 1.99 9.99
Sep 2017 1405.3208962135889 -1.61 5.11
Oct 2017 1415.1430221425874 0.70 5.64
Nov 2017 1418.2325608726746 0.22 3.55
Dec 2017 1468.6674635602444 3.56 6.71
Jan 2018 1486.6515584013562 1.23 5.63
Feb 2018 1489.932304581071 0.22 6.63
Mar 2018 1500.8619456245794 0.73 8.74
Apr 2018 1468.3307769802348 -2.17 5.58
May 2018 1499.8902489557447 2.15 8.22
Jun 2018 1538.8345047064668 2.60 10.43
Jul 2018 1581.2425756437465 2.76 12.91
Aug 2018 1575.2246570750501 -0.38 10.28
Sep 2018 1579.4441054083702 0.27 12.39
Oct 2018 1572.9557305082171 -0.41 11.15
Nov 2018 1598.9252449798032 1.65 12.74
Dec 2018 1601.0550847204856 0.13 9.01
Jan 2019 1614.4386144611494 0.84 8.60
Feb 2019 1622.9263125124785 0.53 8.93
Mar 2019 1650.4879419755364 1.70 9.97
Apr 2019 1691.5336723297528 2.49 15.20
May 2019 1690.8276070143081 -0.04 12.73
Jun 2019 1679.1680308658756 -0.69 9.12
Jul 2019 1670.8167370836723 -0.50 5.67
Aug 2019 1679.2921115196198 0.51 6.61
Sep 2019 1700.0983699976273 1.24 7.64
Oct 2019 1719.3592829869413 1.13 9.31
Nov 2019 1708.6676643109836 -0.62 6.86
Dec 2019 1696.3448836594755 -0.72 5.95
Jan 2020 1685.2443163339833 -0.65 4.39
Feb 2020 1693.979509123838 0.52 4.38
Mar 2020 1721.8457761546845 1.65 4.32
Apr 2020 1709.7415932652416 -0.70 1.08
May 2020 1712.7254753259365 0.18 1.30
Jun 2020 1718.2422240336252 0.32 2.33
Jul 2020 1756.112708633085 2.20 5.11
Aug 2020 1779.7119553175764 1.34 5.98
Sep 2020 1809.708366429705 1.69 6.45
Oct 2020 1851.1027684837084 2.29 7.66
Nov 2020 1920.101661357503 3.73 12.37
Dec 2020 1942.2732454064574 1.16 14.50
Jan 2021 1965.4776533822967 1.20 16.63
Feb 2021 1982.2572766698522 0.85 17.02
Mar 2021 2044.6387964894454 3.15 18.75
Apr 2021 2130.4525603128154 4.20 24.61
May 2021 2164.537838599699 1.60 26.38
Jun 2021 2196.1693321705543 1.46 27.82
Jul 2021 2175.6661686839625 -0.93 23.89
Aug 2021 2191.23837952442 0.72 23.12
Sep 2021 2210.0827608493396 0.86 22.12
Oct 2021 2221.9796687926973 0.54 20.04
Nov 2021 2257.2914337012603 1.59 17.56
Dec 2021 2270.890978675567 0.60 16.92
Jan 2022 2337.16570706035 2.92 18.91
Feb 2022 2364.8441240280044 1.18 19.30
Mar 2022 2400.531286625268 1.51 17.41
Apr 2022 2382.85941435823 -0.74 11.85
May 2022 2429.3433936172923 1.95 12.23
Jun 2022 2421.847669051668 -0.31 10.28
Jul 2022 2461.6080725815655 1.64 13.14
Aug 2022 2476.801854574246 0.62 13.03
Sep 2022 2505.4046576686364 1.16 13.36
Oct 2022 2521.8710934576548 0.66 13.50
Nov 2022 2518.171835630254 -0.15 11.56
Dec 2022 2554.026166393575 1.42 12.47
Jan 2023 2551.4727820365447 -0.10 9.17
Feb 2023 2562.778077484313 0.44 8.37
Mar 2023 2530.905147998541 -1.24 5.43
Apr 2023 2573.231076376935 1.67 7.99
May 2023 2594.095498474371 0.81 6.78
Jun 2023 2687.311342698183 3.59 10.96
Jul 2023 2703.947246775035 0.62 9.85
Aug 2023 2713.398772125837 0.35 9.55
Sep 2023 2682.329405723256 -1.14 7.06
Oct 2023 2684.4848983298943 0.08 6.45
Nov 2023 2699.0417651015 0.54 7.18
Dec 2023 2795.984331341309 3.59 9.47
Jan 2024 2805.826896079643 0.35 9.97
Feb 2024 2842.9656184492314 1.32 10.93
Mar 2024 2811.8209980976035 -1.09 11.10
Apr 2024 2848.6623007190765 1.31 10.70
May 2024 2778.123456995038 -2.48 7.09
Jun 2024 2738.817746985496 -1.41 1.92
Jul 2024 2778.0432110622933 1.43 2.74
Aug 2024 2861.888466458272 3.02 5.47
Sep 2024 2928.704010658452 2.34 9.19
Oct 2024 2953.696390395708 0.85 10.03
Nov 2024 2949.8138710017042 -0.13 9.29
Dec 2024 2956.9469942056103 0.24 5.76
Jan 2025 3007.7465379586324 1.72 7.20
Feb 2025 2968.58968526142 -1.30 4.42
Mar 2025 3050.8024768617897 2.77 8.50
Apr 2025 3048.8787703658654 -0.06 7.03
May 2025 3130.869419490311 2.69 12.70
Jun 2025 3161.5577776956507 0.98 15.44
Jul 2025 3157.3153485435637 -0.13 13.65
Aug 2025 3122.0947138005095 -1.12 9.09
Sep 2025 3119.7834592785784 -0.07 6.52
Oct 2025 3136.1436556751282 0.52 6.18
Nov 2025 3172.09005017743 1.15 7.54
Dec 2025 3144.435536389851 -0.87 6.34
Jan 2026 3134.804245158696 -0.31 4.22
Feb 2026 3177.480158730159 1.36 7.04