Zip Code: 07304 (Jersey City, New Jersey) - 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 07304 Zip Code (Jersey City, New Jersey) in February 2026 was $2,373.302. The month over month percentage change (MoM) was -0.21%, and the year over year percentage change (YoY) was 1.46%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 07304 zip code (Jersey City, New Jersey). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 07304 zip code (Jersey City, New Jersey).

You can see similar information for other New Jersey 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: 07304 (Jersey City, New Jersey) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 07304 (Jersey City, New Jersey) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 1427.240758728258 Infinity Infinity
Jun 2016 1451.3503278575854 1.69 Infinity
Jul 2016 1462.0637281024885 0.74 Infinity
Aug 2016 1487.93992727555 1.77 Infinity
Sep 2016 1483.481929692135 -0.30 Infinity
Oct 2016 1486.6883032486594 0.22 Infinity
Nov 2016 1471.5087172532951 -1.02 Infinity
Dec 2016 1502.3560615847632 2.10 Infinity
Jan 2017 1514.5502682423141 0.81 Infinity
Feb 2017 1540.398127631187 1.71 Infinity
Mar 2017 1537.103717806724 -0.21 Infinity
Apr 2017 1536.890246652601 -0.01 Infinity
May 2017 1549.2308300180152 0.80 8.55
Jun 2017 1543.0873597830787 -0.40 6.32
Jul 2017 1569.6884195892148 1.72 7.36
Aug 2017 1558.007363615106 -0.74 4.71
Sep 2017 1575.2506251485318 1.11 6.19
Oct 2017 1575.836137244128 0.04 6.00
Nov 2017 1619.5355574089845 2.77 10.06
Dec 2017 1624.1876199193946 0.29 8.11
Jan 2018 1631.3865401569626 0.44 7.71
Feb 2018 1630.1283748902642 -0.08 5.83
Mar 2018 1630.7280663009146 0.04 6.09
Apr 2018 1643.6718583539678 0.79 6.95
May 2018 1647.3547645345432 0.22 6.33
Jun 2018 1653.0931842550096 0.35 7.13
Jul 2018 1643.1069628089576 -0.60 4.68
Aug 2018 1646.2607238630187 0.19 5.67
Sep 2018 1654.516158329622 0.50 5.03
Oct 2018 1670.0094568346026 0.94 5.98
Nov 2018 1668.372715345506 -0.10 3.02
Dec 2018 1677.7121807657413 0.56 3.30
Jan 2019 1679.6065701300092 0.11 2.96
Feb 2019 1675.897607676991 -0.22 2.81
Mar 2019 1690.0551990161061 0.85 3.64
Apr 2019 1696.1130073824065 0.36 3.19
May 2019 1698.713808565864 0.15 3.12
Jun 2019 1708.2366895446412 0.56 3.34
Jul 2019 1715.1503924911526 0.41 4.39
Aug 2019 1727.9429576708576 0.75 4.96
Sep 2019 1727.9448115525288 0.00 4.44
Oct 2019 1729.1893854498192 0.07 3.54
Nov 2019 1725.5720177136502 -0.21 3.43
Dec 2019 1723.6649339428716 -0.11 2.74
Jan 2020 1729.2670553865034 0.33 2.96
Feb 2020 1740.7305558484377 0.66 3.87
Mar 2020 1752.173695938067 0.66 3.68
Apr 2020 1748.2746191923095 -0.22 3.08
May 2020 1741.227736615195 -0.40 2.50
Jun 2020 1738.4752477157992 -0.16 1.77
Jul 2020 1740.3412582780322 0.11 1.47
Aug 2020 1751.0895969665091 0.62 1.34
Sep 2020 1766.8361538037784 0.90 2.25
Oct 2020 1764.5588948717927 -0.13 2.05
Nov 2020 1757.0458643703453 -0.43 1.82
Dec 2020 1742.7421012098955 -0.81 1.11
Jan 2021 1734.8574295699561 -0.45 0.32
Feb 2021 1722.5890836169406 -0.71 -1.04
Mar 2021 1717.4741574946004 -0.30 -1.98
Apr 2021 1716.396821538893 -0.06 -1.82
May 2021 1732.4601737981181 0.94 -0.50
Jun 2021 1745.9638335785953 0.78 0.43
Jul 2021 1750.4830711825566 0.26 0.58
Aug 2021 1775.990527090506 1.46 1.42
Sep 2021 1798.240034574107 1.25 1.78
Oct 2021 1849.298375590272 2.84 4.80
Nov 2021 1863.6803239930055 0.78 6.07
Dec 2021 1877.0446183085196 0.72 7.71
Jan 2022 1868.188934941686 -0.47 7.69
Feb 2022 1883.1137650999258 0.80 9.32
Mar 2022 1890.1699912316496 0.38 10.06
Apr 2022 1913.0148749991367 1.21 11.46
May 2022 1922.5719585321215 0.50 10.97
Jun 2022 1960.1400687953103 1.95 12.27
Jul 2022 2001.5897737431947 2.12 14.35
Aug 2022 2022.9719223433767 1.07 13.91
Sep 2022 2037.7247046106318 0.73 13.32
Oct 2022 2017.872782230036 -0.97 9.12
Nov 2022 2032.4847016669414 0.72 9.06
Dec 2022 2049.5109788461277 0.84 9.19
Jan 2023 2083.952874651479 1.68 11.55
Feb 2023 2100.8096092082255 0.81 11.56
Mar 2023 2125.2336325918004 1.16 12.44
Apr 2023 2159.0638965236567 1.59 12.86
May 2023 2189.882119623598 1.43 13.90
Jun 2023 2192.475171902858 0.12 11.85
Jul 2023 2178.018116374857 -0.66 8.81
Aug 2023 2174.662399294611 -0.15 7.50
Sep 2023 2179.9146008767702 0.24 6.98
Oct 2023 2203.803828904114 1.10 9.21
Nov 2023 2214.3709696514234 0.48 8.95
Dec 2023 2220.3077356926387 0.27 8.33
Jan 2024 2238.055940784219 0.80 7.40
Feb 2024 2261.786471965196 1.06 7.66
Mar 2024 2300.777081814993 1.72 8.26
Apr 2024 2301.0722006404326 0.01 6.58
May 2024 2294.859371971802 -0.27 4.79
Jun 2024 2283.5329498588526 -0.49 4.15
Jul 2024 2285.7463571864214 0.10 4.95
Aug 2024 2295.608305426898 0.43 5.56
Sep 2024 2296.959627817001 0.06 5.37
Oct 2024 2298.5247767943524 0.07 4.30
Nov 2024 2304.395070747538 0.26 4.07
Dec 2024 2338.6222522101666 1.49 5.33
Jan 2025 2337.145943609672 -0.06 4.43
Feb 2025 2339.0588764882646 0.08 3.42
Mar 2025 2320.8785290126793 -0.78 0.87
Apr 2025 2323.206156083176 0.10 0.96
May 2025 2333.5847732147927 0.45 1.69
Jun 2025 2354.6469928267247 0.90 3.11
Jul 2025 2372.1770066259173 0.74 3.78
Aug 2025 2380.888780622643 0.37 3.72
Sep 2025 2391.916480651338 0.46 4.13
Oct 2025 2398.2879041056412 0.27 4.34
Nov 2025 2400.088490951523 0.08 4.15
Dec 2025 2380.3454172170177 -0.82 1.78
Jan 2026 2378.422096776022 -0.08 1.77
Feb 2026 2373.3021118841802 -0.21 1.46