Zip Code: 11216 (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 11216 Zip Code (New York, New York) in February 2026 was $3,345.269. The month over month percentage change (MoM) was 1.66%, and the year over year percentage change (YoY) was 6.58%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 11216 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 11216 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: 11216 (New York, New York) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 11216 (New York, New York) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 2008.9635708799774 NaN NaN
Feb 2015 2024.3307409101724 0.77 NaN
Mar 2015 2030.37891974502 0.30 NaN
Apr 2015 2018.8079541405564 -0.57 NaN
May 2015 2048.6667224690104 1.48 NaN
Jun 2015 2080.7589537426 1.57 NaN
Jul 2015 2072.8712214335524 -0.38 NaN
Aug 2015 2070.4516878751047 -0.12 NaN
Sep 2015 2077.384285870986 0.34 NaN
Oct 2015 2130.6476985360455 2.56 NaN
Nov 2015 2127.675345471971 -0.14 NaN
Dec 2015 2144.3284993870966 0.78 NaN
Jan 2016 2110.5770729787073 -1.57 5.06
Feb 2016 2123.464296729661 0.61 4.90
Mar 2016 2149.4576357091064 1.22 5.87
Apr 2016 2165.870532747293 0.76 7.29
May 2016 2174.4223644440012 0.40 6.14
Jun 2016 2146.2961190051005 -1.29 3.15
Jul 2016 2160.9222664711547 0.68 4.25
Aug 2016 2165.0704316085635 0.19 4.57
Sep 2016 2175.356351741069 0.48 4.72
Oct 2016 2167.466848027557 -0.36 1.73
Nov 2016 2203.7406059455448 1.67 3.58
Dec 2016 2216.647631725115 0.59 3.37
Jan 2017 2247.015722882596 1.37 6.47
Feb 2017 2246.561155726552 -0.02 5.80
Mar 2017 2229.400365076107 -0.76 3.72
Apr 2017 2222.0886319680667 -0.33 2.60
May 2017 2205.0260400516295 -0.77 1.41
Jun 2017 2220.1320548361664 0.69 3.44
Jul 2017 2231.1583349613775 0.50 3.25
Aug 2017 2240.45282434689 0.42 3.48
Sep 2017 2251.182875413543 0.48 3.49
Oct 2017 2234.475870449155 -0.74 3.09
Nov 2017 2232.5093918494167 -0.09 1.31
Dec 2017 2230.2074497411672 -0.10 0.61
Jan 2018 2251.3088726811775 0.95 0.19
Feb 2018 2245.445373486754 -0.26 -0.05
Mar 2018 2240.103993879405 -0.24 0.48
Apr 2018 2258.759759545939 0.83 1.65
May 2018 2290.107877131848 1.39 3.86
Jun 2018 2306.6681865212977 0.72 3.90
Jul 2018 2303.2181966776684 -0.15 3.23
Aug 2018 2304.9215979681076 0.07 2.88
Sep 2018 2325.246741358393 0.88 3.29
Oct 2018 2316.282938410151 -0.38 3.66
Nov 2018 2308.736788152109 -0.33 3.41
Dec 2018 2297.7237449180107 -0.48 3.03
Jan 2019 2318.5603536854796 0.91 2.99
Feb 2019 2332.407413311974 0.60 3.87
Mar 2019 2353.55910250199 0.91 5.07
Apr 2019 2354.30849457786 0.03 4.23
May 2019 2350.2099428156885 -0.17 2.62
Jun 2019 2349.835359727106 -0.02 1.87
Jul 2019 2359.472403904244 0.41 2.44
Aug 2019 2368.8041328328495 0.40 2.77
Sep 2019 2361.799046396198 -0.30 1.57
Oct 2019 2393.526170960881 1.34 3.34
Nov 2019 2409.9734801059376 0.69 4.39
Dec 2019 2434.221721487748 1.01 5.94
Jan 2020 2419.8938479467124 -0.59 4.37
Feb 2020 2430.043799528668 0.42 4.19
Mar 2020 2432.577180089209 0.10 3.36
Apr 2020 2418.8388129508344 -0.56 2.74
May 2020 2389.739015444003 -1.20 1.68
Jun 2020 2373.766414612266 -0.67 1.02
Jul 2020 2360.8205909783455 -0.55 0.06
Aug 2020 2326.0164898873054 -1.47 -1.81
Sep 2020 2275.240191168298 -2.18 -3.66
Oct 2020 2241.0310656076217 -1.50 -6.37
Nov 2020 2220.0289330460882 -0.94 -7.88
Dec 2020 2228.3230036191394 0.37 -8.46
Jan 2021 2231.761406386183 0.15 -7.77
Feb 2021 2230.265292815396 -0.07 -8.22
Mar 2021 2240.091520832865 0.44 -7.91
Apr 2021 2254.4160654248303 0.64 -6.80
May 2021 2272.53205469912 0.80 -4.90
Jun 2021 2299.2391436560074 1.18 -3.14
Jul 2021 2330.3944813450607 1.36 -1.29
Aug 2021 2386.1093192313556 2.39 2.58
Sep 2021 2449.797720799752 2.67 7.67
Oct 2021 2497.619049055996 1.95 11.45
Nov 2021 2538.0440195811984 1.62 14.33
Dec 2021 2554.4832290137915 0.65 14.64
Jan 2022 2583.64479878318 1.14 15.77
Feb 2022 2634.134330760896 1.95 18.11
Mar 2022 2669.6269380291787 1.35 19.18
Apr 2022 2709.1643406915746 1.48 20.17
May 2022 2738.005419344526 1.07 20.48
Jun 2022 2790.3129383623796 1.91 21.36
Jul 2022 2851.124911183657 2.18 22.35
Aug 2022 2884.8913665569767 1.18 20.90
Sep 2022 2893.3889362105188 0.30 18.11
Oct 2022 2886.958269367258 -0.22 15.59
Nov 2022 2898.279501594238 0.39 14.19
Dec 2022 2914.2637987340913 0.55 14.08
Jan 2023 2931.423288343199 0.59 13.46
Feb 2023 2916.4983302412716 -0.51 10.72
Mar 2023 2918.177941856619 0.06 9.31
Apr 2023 2935.2474193254698 0.59 8.35
May 2023 2950.7844179741496 0.53 7.77
Jun 2023 2956.022137984864 0.18 5.94
Jul 2023 2938.8851123182208 -0.58 3.08
Aug 2023 2960.790621615211 0.75 2.63
Sep 2023 2978.1372393950055 0.59 2.93
Oct 2023 2997.346039409824 0.65 3.82
Nov 2023 3001.0731555817893 0.12 3.55
Dec 2023 3034.2192303375364 1.10 4.12
Jan 2024 3052.047050808451 0.59 4.12
Feb 2024 3063.11665037978 0.36 5.03
Mar 2024 3076.544748545896 0.44 5.43
Apr 2024 3069.2867123408755 -0.24 4.57
May 2024 3103.6504993644603 1.12 5.18
Jun 2024 3097.6537991617934 -0.19 4.79
Jul 2024 3114.9909838139606 0.56 5.99
Aug 2024 3088.9831770336395 -0.83 4.33
Sep 2024 3110.269029531268 0.69 4.44
Oct 2024 3149.205752064521 1.25 5.07
Nov 2024 3185.375820637777 1.15 6.14
Dec 2024 3188.4531232904283 0.10 5.08
Jan 2025 3158.872557588286 -0.93 3.50
Feb 2025 3138.800785839675 -0.63 2.47
Mar 2025 3148.953254726311 0.32 2.35
Apr 2025 3166.4266515164577 0.56 3.17
May 2025 3155.480849776685 -0.35 1.67
Jun 2025 3176.2694775398263 0.66 2.54
Jul 2025 3189.456780291815 0.42 2.39
Aug 2025 3222.23607304209 1.03 4.31
Sep 2025 3226.8835466453074 0.14 3.75
Oct 2025 3221.843541411048 -0.16 2.31
Nov 2025 3225.1604017082063 0.10 1.25
Dec 2025 3240.8940298762054 0.49 1.65
Jan 2026 3290.571000852742 1.53 4.17
Feb 2026 3345.2694444444446 1.66 6.58