Zip Code: 10023 (New York, New York) - 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 10023 Zip Code (New York, New York) in February 2026 was $5,057.366. The month over month percentage change (MoM) was 0.31%, and the year over year percentage change (YoY) was 6.60%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 10023 zip code (New York, New York). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 10023 zip code (New York, New York).

You can see similar information for other New York 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: 10023 (New York, New York) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 10023 (New York, New York) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 3488.7676781541086 NaN NaN
Feb 2015 3489.0338500045536 0.01 NaN
Mar 2015 3503.862832817222 0.43 NaN
Apr 2015 3512.3407476175903 0.24 NaN
May 2015 3538.180205672815 0.74 NaN
Jun 2015 3536.6196050629187 -0.04 NaN
Jul 2015 3543.5666954326466 0.20 NaN
Aug 2015 3538.1797069974373 -0.15 NaN
Sep 2015 3554.708995830283 0.47 NaN
Oct 2015 3554.141165022787 -0.02 NaN
Nov 2015 3569.4693004021246 0.43 NaN
Dec 2015 3571.160292638238 0.05 NaN
Jan 2016 3562.290936299639 -0.25 2.11
Feb 2016 3567.544382541609 0.15 2.25
Mar 2016 3569.6640001471274 0.06 1.88
Apr 2016 3585.549300440751 0.45 2.08
May 2016 3570.07587860184 -0.43 0.90
Jun 2016 3552.887089994373 -0.48 0.46
Jul 2016 3550.8793121544595 -0.06 0.21
Aug 2016 3542.180330713864 -0.24 0.11
Sep 2016 3542.920131636665 0.02 -0.33
Oct 2016 3549.4724538958776 0.19 -0.13
Nov 2016 3543.175008773715 -0.18 -0.74
Dec 2016 3532.873386993738 -0.29 -1.07
Jan 2017 3522.24542269293 -0.30 -1.12
Feb 2017 3540.161049182504 0.51 -0.77
Mar 2017 3540.488958787437 0.01 -0.82
Apr 2017 3541.495147856917 0.03 -1.23
May 2017 3533.987536556646 -0.21 -1.01
Jun 2017 3542.996697965698 0.26 -0.28
Jul 2017 3538.9401594094074 -0.11 -0.34
Aug 2017 3537.6485904985666 -0.04 -0.13
Sep 2017 3529.0425387214054 -0.24 -0.39
Oct 2017 3524.316665327545 -0.13 -0.71
Nov 2017 3523.2465909425464 -0.03 -0.56
Dec 2017 3531.6017250045534 0.24 -0.04
Jan 2018 3554.3411835622387 0.64 0.91
Feb 2018 3563.296304711611 0.25 0.65
Mar 2018 3568.8740649046213 0.16 0.80
Apr 2018 3571.191452608461 0.07 0.84
May 2018 3574.2830254091978 0.09 1.14
Jun 2018 3575.233201069649 0.03 0.91
Jul 2018 3570.259648384879 -0.14 0.89
Aug 2018 3580.3840142529443 0.28 1.21
Sep 2018 3601.4887372716817 0.59 2.05
Oct 2018 3605.443733648643 0.11 2.30
Nov 2018 3603.2263831392506 -0.06 2.27
Dec 2018 3610.909959906885 0.21 2.25
Jan 2019 3610.7552116899483 0.00 1.59
Feb 2019 3608.945660580879 -0.05 1.28
Mar 2019 3614.1878894315037 0.14 1.27
Apr 2019 3620.2688325237823 0.17 1.37
May 2019 3636.3560237480183 0.44 1.74
Jun 2019 3648.3007695549954 0.33 2.04
Jul 2019 3668.744647046288 0.56 2.76
Aug 2019 3678.8526442589996 0.28 2.75
Sep 2019 3682.575962710614 0.10 2.25
Oct 2019 3698.0238374416563 0.42 2.57
Nov 2019 3719.7752643963086 0.59 3.24
Dec 2019 3731.988705542595 0.33 3.35
Jan 2020 3745.116452449251 0.35 3.72
Feb 2020 3762.056206167065 0.45 4.24
Mar 2020 3722.2380212078792 -1.06 2.99
Apr 2020 3671.960611107418 -1.35 1.43
May 2020 3601.8055518697133 -1.91 -0.95
Jun 2020 3527.501369474251 -2.06 -3.31
Jul 2020 3451.5091568827015 -2.15 -5.92
Aug 2020 3356.7048662454504 -2.75 -8.76
Sep 2020 3283.4131184782464 -2.18 -10.84
Oct 2020 3212.523073297097 -2.16 -13.13
Nov 2020 3185.6961606785153 -0.83 -14.36
Dec 2020 3131.611418935038 -1.70 -16.09
Jan 2021 3144.3378013421657 0.41 -16.04
Feb 2021 3160.1827958321137 0.50 -16.00
Mar 2021 3210.0541593381754 1.58 -13.76
Apr 2021 3256.5403188085234 1.45 -11.31
May 2021 3315.356441524164 1.81 -7.95
Jun 2021 3403.8425352470854 2.67 -3.51
Jul 2021 3504.245365995222 2.95 1.53
Aug 2021 3618.445073643298 3.26 7.80
Sep 2021 3729.9423015469665 3.08 13.60
Oct 2021 3827.232582042847 2.61 19.14
Nov 2021 3900.905575569677 1.93 22.45
Dec 2021 4007.4881880972166 2.73 27.97
Jan 2022 4069.055140892346 1.54 29.41
Feb 2022 4124.548024363401 1.36 30.52
Mar 2022 4128.227790710134 0.09 28.60
Apr 2022 4147.863502481305 0.48 27.37
May 2022 4181.187399948706 0.80 26.12
Jun 2022 4203.032371149834 0.52 23.48
Jul 2022 4225.077151197472 0.52 20.57
Aug 2022 4245.63286779487 0.49 17.33
Sep 2022 4275.649260084308 0.71 14.63
Oct 2022 4292.2021834501975 0.39 12.15
Nov 2022 4301.794467930906 0.22 10.28
Dec 2022 4305.373395876006 0.08 7.43
Jan 2023 4314.401296337377 0.21 6.03
Feb 2023 4317.860590551526 0.08 4.69
Mar 2023 4324.141314948936 0.14 4.75
Apr 2023 4335.58749981041 0.27 4.53
May 2023 4359.492490130763 0.55 4.26
Jun 2023 4362.231786676206 0.06 3.79
Jul 2023 4365.975920251654 0.09 3.34
Aug 2023 4367.344222441284 0.03 2.87
Sep 2023 4371.4790500330155 0.10 2.24
Oct 2023 4407.918429793467 0.83 2.70
Nov 2023 4415.505090928348 0.17 2.64
Dec 2023 4417.152100233053 0.04 2.60
Jan 2024 4407.022821766812 -0.23 2.15
Feb 2024 4415.659182908854 0.20 2.27
Mar 2024 4461.647035066785 1.04 3.18
Apr 2024 4515.804674730682 1.21 4.16
May 2024 4556.956995635387 0.91 4.53
Jun 2024 4567.362053816005 0.23 4.70
Jul 2024 4553.022022896409 -0.31 4.28
Aug 2024 4545.7696300953685 -0.16 4.09
Sep 2024 4542.622015747862 -0.07 3.92
Oct 2024 4562.269002393721 0.43 3.50
Nov 2024 4591.990128526068 0.65 4.00
Dec 2024 4642.682287923912 1.10 5.11
Jan 2025 4700.187492334722 1.24 6.65
Feb 2025 4744.091950800819 0.93 7.44
Mar 2025 4761.726613811639 0.37 6.73
Apr 2025 4766.207012485986 0.09 5.55
May 2025 4770.714353898297 0.10 4.69
Jun 2025 4811.25168123932 0.85 5.34
Jul 2025 4870.445058855008 1.23 6.97
Aug 2025 4925.579633415405 1.13 8.36
Sep 2025 4974.628697228819 1.00 9.51
Oct 2025 4991.4064743167455 0.34 9.41
Nov 2025 5017.251255740785 0.52 9.26
Dec 2025 5028.797035236122 0.23 8.32
Jan 2026 5041.700827639278 0.26 7.27
Feb 2026 5057.3663507001265 0.31 6.60