Zip Code: 07901 (Summit, 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 07901 Zip Code (Summit, New Jersey) in February 2026 was $2,929.444. The month over month percentage change (MoM) was -0.02%, and the year over year percentage change (YoY) was 7.17%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 07901 zip code (Summit, New Jersey). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 07901 zip code (Summit, 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: 07901 (Summit, New Jersey) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 07901 (Summit, New Jersey) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 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 1981.2467771099691 Infinity Infinity
Jun 2020 2030.7639645028914 2.50 Infinity
Jul 2020 2038.773619564797 0.39 Infinity
Aug 2020 2031.6085350742128 -0.35 Infinity
Sep 2020 2022.9651371459433 -0.42 Infinity
Oct 2020 2037.337325389629 0.71 Infinity
Nov 2020 2064.416549948575 1.33 Infinity
Dec 2020 2090.992386942316 1.29 Infinity
Jan 2021 2108.7191676656244 0.85 Infinity
Feb 2021 2104.4452233725247 -0.20 Infinity
Mar 2021 2104.82529054379 0.02 Infinity
Apr 2021 2102.3432420592185 -0.12 Infinity
May 2021 2101.3559291221864 -0.05 6.06
Jun 2021 2077.9552391868697 -1.11 2.32
Jul 2021 2102.376874942909 1.18 3.12
Aug 2021 2144.956444660367 2.03 5.58
Sep 2021 2160.864741389043 0.74 6.82
Oct 2021 2153.6583882524164 -0.33 5.71
Nov 2021 2153.0355465068137 -0.03 4.29
Dec 2021 2168.5751374810557 0.72 3.71
Jan 2022 2204.695531226271 1.67 4.55
Feb 2022 2231.981523139579 1.24 6.06
Mar 2022 2287.5851783257776 2.49 8.68
Apr 2022 2317.239819790948 1.30 10.22
May 2022 2342.660484866282 1.10 11.48
Jun 2022 2354.242520680669 0.49 13.30
Jul 2022 2364.847350722669 0.45 12.48
Aug 2022 2391.330988373748 1.12 11.49
Sep 2022 2436.0277914261833 1.87 12.73
Oct 2022 2464.1745344476694 1.16 14.42
Nov 2022 2465.4817330530036 0.05 14.51
Dec 2022 2450.5013726412585 -0.61 13.00
Jan 2023 2472.0614757963695 0.88 12.13
Feb 2023 2486.5249931322714 0.59 11.40
Mar 2023 2499.259655039819 0.51 9.25
Apr 2023 2516.838711949656 0.70 8.61
May 2023 2555.162214770953 1.52 9.07
Jun 2023 2568.077520035963 0.51 9.08
Jul 2023 2551.0355441388174 -0.66 7.87
Aug 2023 2531.1905768944193 -0.78 5.85
Sep 2023 2551.154695153261 0.79 4.73
Oct 2023 2634.4851584542967 3.27 6.91
Nov 2023 2646.203182497409 0.45 7.33
Dec 2023 2677.2095906182844 1.17 9.25
Jan 2024 2617.3228570581555 -2.24 5.88
Feb 2024 2659.664689333879 1.62 6.96
Mar 2024 2661.292141570335 0.06 6.48
Apr 2024 2658.926085510517 -0.09 5.65
May 2024 2639.5632606832487 -0.73 3.30
Jun 2024 2684.6279879306385 1.71 4.54
Jul 2024 2733.2822233386 1.81 7.14
Aug 2024 2740.0611712470677 0.25 8.25
Sep 2024 2697.8635965720673 -1.54 5.75
Oct 2024 2702.8958345423675 0.19 2.60
Nov 2024 2707.4857201542654 0.17 2.32
Dec 2024 2696.3459081749406 -0.41 0.72
Jan 2025 2714.6468170537255 0.68 3.72
Feb 2025 2733.4447397018 0.69 2.77
Mar 2025 2742.1886524159427 0.32 3.04
Apr 2025 2758.466030230999 0.59 3.74
May 2025 2778.9461888972305 0.74 5.28
Jun 2025 2766.2460531841593 -0.46 3.04
Jul 2025 2765.237310532614 -0.04 1.17
Aug 2025 2794.8777280191816 1.07 2.00
Sep 2025 2839.990675126375 1.61 5.27
Oct 2025 2822.3958923708033 -0.62 4.42
Nov 2025 2848.6717452430066 0.93 5.22
Dec 2025 2882.032204440669 1.17 6.89
Jan 2026 2930.1189377177902 1.67 7.94
Feb 2026 2929.444444444445 -0.02 7.17