Zip Code: 08540 (Princeton, 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 08540 Zip Code (Princeton, New Jersey) in February 2026 was $3,183.997. The month over month percentage change (MoM) was -1.62%, and the year over year percentage change (YoY) was -3.54%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 08540 zip code (Princeton, New Jersey). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 08540 zip code (Princeton, 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: 08540 (Princeton, New Jersey) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 08540 (Princeton, New Jersey) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 2312.2983589666746 Infinity Infinity
Feb 2016 2300.5312452040657 -0.51 Infinity
Mar 2016 2288.4779165996106 -0.52 Infinity
Apr 2016 2285.6355318543647 -0.12 Infinity
May 2016 2282.505271886595 -0.14 Infinity
Jun 2016 2289.2214133043335 0.29 Infinity
Jul 2016 2308.644818724153 0.85 Infinity
Aug 2016 2327.2257507376844 0.81 Infinity
Sep 2016 2335.9103233033698 0.37 Infinity
Oct 2016 2338.327932211417 0.10 Infinity
Nov 2016 2333.3564186216786 -0.21 Infinity
Dec 2016 0 -100.00 NaN
Jan 2017 2324.1860550008 Infinity 0.51
Feb 2017 2322.0656798588307 -0.09 0.94
Mar 2017 2318.688575898999 -0.14 1.32
Apr 2017 2322.254531218126 0.15 1.60
May 2017 2331.241680349599 0.39 2.13
Jun 2017 2342.384307967151 0.48 2.32
Jul 2017 2342.8428101445897 0.02 1.48
Aug 2017 2349.182941264448 0.27 0.94
Sep 2017 2336.681897955883 -0.53 0.03
Oct 2017 2351.0157394114635 0.61 0.54
Nov 2017 2346.029722004046 -0.21 0.54
Dec 2017 2358.692833664839 0.54 Infinity
Jan 2018 2353.2777652843483 -0.23 1.25
Feb 2018 2380.8140008084083 1.17 2.53
Mar 2018 2396.328755742027 0.65 3.35
Apr 2018 2394.03201196807 -0.10 3.09
May 2018 2382.5009371547562 -0.48 2.20
Jun 2018 2375.6504653477327 -0.29 1.42
Jul 2018 2384.976794713085 0.39 1.80
Aug 2018 2397.435319791898 0.52 2.05
Sep 2018 2396.6792449892 -0.03 2.57
Oct 2018 2389.936430386185 -0.28 1.66
Nov 2018 2378.596593696898 -0.47 1.39
Dec 2018 2390.9948528668815 0.52 1.37
Jan 2019 2402.55733107559 0.48 2.09
Feb 2019 2391.821358962533 -0.45 0.46
Mar 2019 2391.3377830194445 -0.02 -0.21
Apr 2019 2399.4423139703767 0.34 0.23
May 2019 2412.925470150274 0.56 1.28
Jun 2019 2421.144297333354 0.34 1.92
Jul 2019 2419.894704524237 -0.05 1.46
Aug 2019 2414.4274023940748 -0.23 0.71
Sep 2019 2429.7383908319366 0.63 1.38
Oct 2019 2438.856490586197 0.38 2.05
Nov 2019 2462.1323918775483 0.95 3.51
Dec 2019 2459.022810213255 -0.13 2.85
Jan 2020 2468.1191867305183 0.37 2.73
Feb 2020 2478.296351126448 0.41 3.62
Mar 2020 2476.071955507 -0.09 3.54
Apr 2020 2474.9901546030915 -0.04 3.15
May 2020 2474.91609910678 0.00 2.57
Jun 2020 2463.831709677277 -0.45 1.76
Jul 2020 2464.6244373603945 0.03 1.85
Aug 2020 2488.0249202459945 0.95 3.05
Sep 2020 2500.8959865109805 0.52 2.93
Oct 2020 2509.8834145096857 0.36 2.91
Nov 2020 2502.6173080565804 -0.29 1.64
Dec 2020 2537.777606742728 1.41 3.20
Jan 2021 2569.904728516168 1.27 4.12
Feb 2021 2606.8384574805514 1.44 5.19
Mar 2021 2582.868034209162 -0.92 4.31
Apr 2021 2577.196943738838 -0.22 4.13
May 2021 2572.3673539003835 -0.19 3.94
Jun 2021 2600.4163304998283 1.09 5.54
Jul 2021 2633.436868296426 1.27 6.85
Aug 2021 2660.911092196589 1.04 6.95
Sep 2021 2706.2035711406975 1.70 8.21
Oct 2021 2736.870042296468 1.13 9.04
Nov 2021 2788.020484836059 1.87 11.40
Dec 2021 2804.0072341681416 0.57 10.49
Jan 2022 2806.9678078500956 0.11 9.23
Feb 2022 2797.6825307576346 -0.33 7.32
Mar 2022 2835.978454462653 1.37 9.80
Apr 2022 2895.450913995486 2.10 12.35
May 2022 2927.5446679811553 1.11 13.81
Jun 2022 2948.01610289373 0.70 13.37
Jul 2022 2948.99413510293 0.03 11.98
Aug 2022 2976.825095697786 0.94 11.87
Sep 2022 2979.734990376942 0.10 10.11
Oct 2022 2975.698004959858 -0.13 8.73
Nov 2022 2975.2294055134957 -0.02 6.72
Dec 2022 3000.6649219682404 0.86 7.01
Jan 2023 3039.445383142521 1.29 8.28
Feb 2023 3067.717640446859 0.93 9.65
Mar 2023 3110.241653363996 1.39 9.67
Apr 2023 3097.9424809476204 -0.39 6.99
May 2023 3112.4756824576602 0.47 6.32
Jun 2023 3114.5601627890865 0.07 5.65
Jul 2023 3138.002695104143 0.75 6.41
Aug 2023 3150.098541893765 0.39 5.82
Sep 2023 3143.7321464643924 -0.20 5.50
Oct 2023 3182.5518760776386 1.24 6.95
Nov 2023 3184.4499629874113 0.06 7.03
Dec 2023 3131.3562973281787 -1.67 4.36
Jan 2024 3086.741623758712 -1.42 1.56
Feb 2024 3091.7533516777653 0.16 0.78
Mar 2024 3121.392301224802 0.96 0.36
Apr 2024 3137.8774013893535 0.53 1.29
May 2024 3161.684713307068 0.76 1.58
Jun 2024 3190.6926133394645 0.92 2.44
Jul 2024 3220.6379914946488 0.94 2.63
Aug 2024 3217.542172206822 -0.10 2.14
Sep 2024 3222.3098343982765 0.15 2.50
Oct 2024 3203.8270706319986 -0.57 0.67
Nov 2024 3173.2485514565788 -0.95 -0.35
Dec 2024 3237.292988001451 2.02 3.38
Jan 2025 3246.605898365894 0.29 5.18
Feb 2025 3300.7635492152403 1.67 6.76
Mar 2025 3268.8358556660064 -0.97 4.72
Apr 2025 3268.30375363419 -0.02 4.16
May 2025 3253.4065427591613 -0.46 2.90
Jun 2025 3240.631603447187 -0.39 1.57
Jul 2025 3219.564775287999 -0.65 -0.03
Aug 2025 3222.2648225657063 0.08 0.15
Sep 2025 3230.319900753792 0.25 0.25
Oct 2025 3233.644717221924 0.10 0.93
Nov 2025 3259.304611479303 0.79 2.71
Dec 2025 3231.420111011008 -0.86 -0.18
Jan 2026 3236.476446982021 0.16 -0.31
Feb 2026 3183.997474747475 -1.62 -3.54