Zip Code: 07950 (Morris Plains, 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 07950 Zip Code (Morris Plains, New Jersey) in February 2026 was $3,516.778. The month over month percentage change (MoM) was -0.63%, and the year over year percentage change (YoY) was 0.93%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 07950 zip code (Morris Plains, New Jersey). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 07950 zip code (Morris Plains, 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: 07950 (Morris Plains, New Jersey) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 07950 (Morris Plains, New Jersey) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 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 0 NaN NaN
Jul 2021 0 NaN NaN
Aug 2021 0 NaN NaN
Sep 2021 0 NaN NaN
Oct 2021 0 NaN NaN
Nov 2021 0 NaN NaN
Dec 2021 0 NaN NaN
Jan 2022 0 NaN NaN
Feb 2022 0 NaN NaN
Mar 2022 3037.309819013489 Infinity Infinity
Apr 2022 3079.599518596678 1.39 Infinity
May 2022 3138.0371820767477 1.90 Infinity
Jun 2022 3155.738050132748 0.56 Infinity
Jul 2022 3223.0002819773626 2.13 Infinity
Aug 2022 3228.300864850011 0.16 Infinity
Sep 2022 3233.281508812977 0.15 Infinity
Oct 2022 3154.985532182113 -2.42 Infinity
Nov 2022 3175.2014759167964 0.64 Infinity
Dec 2022 3166.969942568622 -0.26 Infinity
Jan 2023 3239.84008233493 2.30 Infinity
Feb 2023 3268.339184888714 0.88 Infinity
Mar 2023 3260.736015802316 -0.23 7.36
Apr 2023 3269.3319492698774 0.26 6.16
May 2023 3294.963633848252 0.78 5.00
Jun 2023 3335.6759529463357 1.24 5.70
Jul 2023 3327.116874127872 -0.26 3.23
Aug 2023 3308.324468449474 -0.56 2.48
Sep 2023 3304.5805905404113 -0.11 2.21
Oct 2023 3308.4553519654955 0.12 4.86
Nov 2023 3341.0669899974514 0.99 5.22
Dec 2023 3346.2602440489673 0.16 5.66
Jan 2024 3364.804553930338 0.55 3.86
Feb 2024 3401.3097163659468 1.09 4.07
Mar 2024 3430.7020710139846 0.86 5.21
Apr 2024 3415.183849786626 -0.45 4.46
May 2024 3397.0840358969062 -0.53 3.10
Jun 2024 3387.202307474033 -0.29 1.55
Jul 2024 3412.1207479112118 0.74 2.56
Aug 2024 3475.43076858799 1.86 5.05
Sep 2024 3523.8077608798835 1.39 6.63
Oct 2024 3563.780840908156 1.13 7.72
Nov 2024 3509.4277757744712 -1.52 5.04
Dec 2024 3480.250764291987 -0.83 4.00
Jan 2025 3468.9561196015825 -0.32 3.10
Feb 2025 3484.5408923409245 0.45 2.45
Mar 2025 3480.211493774389 -0.12 1.44
Apr 2025 3503.837712110907 0.68 2.60
May 2025 3517.461089293178 0.39 3.54
Jun 2025 3523.130634393906 0.16 4.01
Jul 2025 3514.7787152440833 -0.24 3.01
Aug 2025 3491.0927594618956 -0.67 0.45
Sep 2025 3472.3043175989947 -0.54 -1.46
Oct 2025 3469.0377816585465 -0.09 -2.66
Nov 2025 3504.4423126130423 1.02 -0.14
Dec 2025 3538.534622541628 0.97 1.68
Jan 2026 3538.988085704912 0.01 2.02
Feb 2026 3516.777777777778 -0.63 0.93