Zip Code: 11229 (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 11229 Zip Code (New York, New York) in February 2026 was $2,693. The month over month percentage change (MoM) was 3.56%, and the year over year percentage change (YoY) was 18.75%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 11229 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 11229 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: 11229 (New York, New York) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 11229 (New York, New York) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 1319.910064318621 Infinity Infinity
Jun 2016 1383.6932262893365 4.83 Infinity
Jul 2016 1409.4402941443043 1.86 Infinity
Aug 2016 1415.2969106810397 0.42 Infinity
Sep 2016 1405.8925664263293 -0.66 Infinity
Oct 2016 1384.8323540776655 -1.50 Infinity
Nov 2016 1347.6412066443386 -2.69 Infinity
Dec 2016 1380.7466305064618 2.46 Infinity
Jan 2017 1424.2002916749268 3.15 Infinity
Feb 2017 1497.6518160265475 5.16 Infinity
Mar 2017 1497.1818252478997 -0.03 Infinity
Apr 2017 1525.2819341232348 1.88 Infinity
May 2017 1486.5640730423022 -2.54 12.63
Jun 2017 1460.133929672887 -1.78 5.52
Jul 2017 1448.0531892939177 -0.83 2.74
Aug 2017 1479.7961918126766 2.19 4.56
Sep 2017 1506.0449703644153 1.77 7.12
Oct 2017 1543.0732533593748 2.46 11.43
Nov 2017 1560.6344646296727 1.14 15.81
Dec 2017 1580.9123121708592 1.30 14.50
Jan 2018 1535.405483893853 -2.88 7.81
Feb 2018 1536.5805660059984 0.08 2.60
Mar 2018 1529.9960774572505 -0.43 2.19
Apr 2018 1546.437601057159 1.08 1.39
May 2018 1560.828678204753 0.93 5.00
Jun 2018 1594.4119723325196 2.15 9.20
Jul 2018 1621.3082165461992 1.69 11.97
Aug 2018 1625.389798009658 0.25 9.84
Sep 2018 1599.3414622791736 -1.60 6.20
Oct 2018 1594.0194806610002 -0.33 3.30
Nov 2018 1576.4649697513614 -1.10 1.01
Dec 2018 1560.243948858312 -1.03 -1.31
Jan 2019 1573.417271288188 0.84 2.48
Feb 2019 1591.152945302422 1.13 3.55
Mar 2019 1614.9485176001301 1.50 5.55
Apr 2019 1604.9085705503499 -0.62 3.78
May 2019 1619.416366945751 0.90 3.75
Jun 2019 1609.549994398379 -0.61 0.95
Jul 2019 1607.877914426805 -0.10 -0.83
Aug 2019 1606.3478768506172 -0.09 -1.17
Sep 2019 1632.5125216285544 1.63 2.07
Oct 2019 1642.3709137250903 0.60 3.03
Nov 2019 1676.0333572498466 2.05 6.32
Dec 2019 1694.1349238188748 1.08 8.58
Jan 2020 1719.22419676153 1.48 9.27
Feb 2020 1713.0293513016625 -0.36 7.66
Mar 2020 1652.9092608188369 -3.51 2.35
Apr 2020 1685.8864301894762 2.00 5.05
May 2020 1674.6631754193502 -0.67 3.41
Jun 2020 1647.9272031215792 -1.60 2.38
Jul 2020 1652.3877566572883 0.27 2.77
Aug 2020 1665.032885865688 0.77 3.65
Sep 2020 1637.3861731365232 -1.66 0.30
Oct 2020 1615.8005149762364 -1.32 -1.62
Nov 2020 1604.7895786518354 -0.68 -4.25
Dec 2020 1656.3650553025266 3.21 -2.23
Jan 2021 1672.4891572293309 0.97 -2.72
Feb 2021 1706.7108932913172 2.05 -0.37
Mar 2021 1674.5738300430737 -1.88 1.31
Apr 2021 1659.7562832364272 -0.88 -1.55
May 2021 1650.9991708266086 -0.53 -1.41
Jun 2021 1686.4840267768873 2.15 2.34
Jul 2021 1690.8197538154461 0.26 2.33
Aug 2021 1707.6888323128944 1.00 2.56
Sep 2021 1699.0862709968958 -0.50 3.77
Oct 2021 1735.0407704963598 2.12 7.38
Nov 2021 1750.3890184315896 0.89 9.07
Dec 2021 1759.6204619040266 0.53 6.23
Jan 2022 1807.3606567665356 2.71 8.06
Feb 2022 1763.72105899941 -2.41 3.34
Mar 2022 1803.884014266034 2.28 7.72
Apr 2022 1803.2311536403722 -0.04 8.64
May 2022 1879.6810652830757 4.24 13.85
Jun 2022 1890.6412674937635 0.58 12.11
Jul 2022 1876.5383267732623 -0.75 10.98
Aug 2022 1889.5456335336403 0.69 10.65
Sep 2022 1935.1698525913157 2.42 13.90
Oct 2022 1971.7630892602956 1.89 13.64
Nov 2022 1954.05952432135 -0.90 11.64
Dec 2022 1975.3194461827882 1.09 12.26
Jan 2023 1967.1134458880667 -0.41 8.84
Feb 2023 2047.3005731263784 4.08 16.08
Mar 2023 2043.1827172294197 -0.20 13.27
Apr 2023 2031.8470170451676 -0.56 12.68
May 2023 2003.5785842294601 -1.39 6.59
Jun 2023 1987.4476973358176 -0.80 5.12
Jul 2023 2066.5967798944935 3.98 10.13
Aug 2023 2069.4308769646996 0.14 9.52
Sep 2023 2142.3278829468372 3.52 10.71
Oct 2023 2116.931338729755 -1.18 7.36
Nov 2023 2202.6530207935425 4.05 12.72
Dec 2023 2190.920831183291 -0.53 10.92
Jan 2024 2206.2465018372304 0.70 12.16
Feb 2024 2229.740482455066 1.07 8.91
Mar 2024 2190.969387045422 -1.74 7.23
Apr 2024 2280.2833125090124 4.08 12.23
May 2024 2224.7331620586115 -2.44 11.04
Jun 2024 2287.2222039962694 2.81 15.08
Jul 2024 2254.242157755001 -1.44 9.08
Aug 2024 2271.139149293444 0.75 9.75
Sep 2024 2228.271255982307 -1.89 4.01
Oct 2024 2222.6175735820416 -0.25 4.99
Nov 2024 2242.6586305307237 0.90 1.82
Dec 2024 2263.7730625463882 0.94 3.33
Jan 2025 2329.7612584567414 2.92 5.60
Feb 2025 2267.86597695328 -2.66 1.71
Mar 2025 2330.6535733956835 2.77 6.38
Apr 2025 2307.851331423933 -0.98 1.21
May 2025 2388.6395317394845 3.50 7.37
Jun 2025 2388.106056321071 -0.02 4.41
Jul 2025 2419.5631160634457 1.32 7.33
Aug 2025 2450.1824466737153 1.26 7.88
Sep 2025 2486.317389587699 1.48 11.58
Oct 2025 2550.556234190961 2.58 14.76
Nov 2025 2549.6808742506423 -0.03 13.69
Dec 2025 2596.649898810954 1.84 14.71
Jan 2026 2600.3857948772315 0.14 11.62
Feb 2026 2693 3.56 18.75