Zip Code: 11238 (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 11238 Zip Code (New York, New York) in February 2026 was $3,777.278. The month over month percentage change (MoM) was -0.66%, and the year over year percentage change (YoY) was 5.69%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 11238 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 11238 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: 11238 (New York, New York) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 11238 (New York, New York) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 2448.359457010114 NaN NaN
Feb 2015 2453.175265668793 0.20 NaN
Mar 2015 2460.5123249568614 0.30 NaN
Apr 2015 2460.3573074898704 -0.01 NaN
May 2015 2450.7443370266383 -0.39 NaN
Jun 2015 2457.262821100246 0.27 NaN
Jul 2015 2457.8146984981354 0.02 NaN
Aug 2015 2489.768368666476 1.30 NaN
Sep 2015 2489.688380118274 0.00 NaN
Oct 2015 2498.119109999279 0.34 NaN
Nov 2015 2489.172334512606 -0.36 NaN
Dec 2015 2536.364962568801 1.90 NaN
Jan 2016 2536.867482005612 0.02 3.62
Feb 2016 2545.409283223317 0.34 3.76
Mar 2016 2514.4564913586355 -1.22 2.19
Apr 2016 2492.003674640807 -0.89 1.29
May 2016 2497.7463345713318 0.23 1.92
Jun 2016 2517.535698538307 0.79 2.45
Jul 2016 2526.410359047116 0.35 2.79
Aug 2016 2528.927852317903 0.10 1.57
Sep 2016 2532.8641682081816 0.16 1.73
Oct 2016 2546.493480209499 0.54 1.94
Nov 2016 2566.8973437323625 0.80 3.12
Dec 2016 2541.745225411567 -0.98 0.21
Jan 2017 2551.211843243457 0.37 0.56
Feb 2017 2545.986465411439 -0.20 0.02
Mar 2017 2555.070377177225 0.36 1.62
Apr 2017 2564.486719043531 0.37 2.91
May 2017 2562.366004334964 -0.08 2.59
Jun 2017 2584.430750753337 0.86 2.66
Jul 2017 2589.875284605356 0.21 2.51
Aug 2017 2598.226934405163 0.32 2.74
Sep 2017 2589.026167102653 -0.35 2.22
Oct 2017 2578.27020354785 -0.41 1.25
Nov 2017 2573.7227510030903 -0.18 0.27
Dec 2017 2571.3360630949114 -0.09 1.16
Jan 2018 2583.7399905557245 0.48 1.27
Feb 2018 2581.2919603885102 -0.09 1.39
Mar 2018 2611.445776501309 1.17 2.21
Apr 2018 2618.867062114609 0.28 2.12
May 2018 2629.1073139542973 0.39 2.61
Jun 2018 2624.4720773787258 -0.18 1.55
Jul 2018 2643.2109140336984 0.71 2.06
Aug 2018 2649.5969503814126 0.24 1.98
Sep 2018 2646.079729545611 -0.13 2.20
Oct 2018 2652.2563070164174 0.23 2.87
Nov 2018 2649.861133984873 -0.09 2.96
Dec 2018 2668.7664027907017 0.71 3.79
Jan 2019 2684.9750885094027 0.61 3.92
Feb 2019 2701.848428131536 0.63 4.67
Mar 2019 2694.8461298060224 -0.26 3.19
Apr 2019 2705.0416630365244 0.38 3.29
May 2019 2713.905611051922 0.33 3.23
Jun 2019 2719.6442577652783 0.21 3.63
Jul 2019 2718.196025722556 -0.05 2.84
Aug 2019 2726.1426408623765 0.29 2.89
Sep 2019 2751.596169035378 0.93 3.99
Oct 2019 2768.7376199890346 0.62 4.39
Nov 2019 2789.0167900384336 0.73 5.25
Dec 2019 2799.6394209256705 0.38 4.90
Jan 2020 2799.739543833581 0.00 4.27
Feb 2020 2810.086281408919 0.37 4.01
Mar 2020 2824.368788520363 0.51 4.81
Apr 2020 2819.1744881686363 -0.18 4.22
May 2020 2772.8968988734223 -1.64 2.17
Jun 2020 2734.9457060881464 -1.37 0.56
Jul 2020 2698.4897420604416 -1.33 -0.72
Aug 2020 2665.294097210611 -1.23 -2.23
Sep 2020 2612.336019197213 -1.99 -5.06
Oct 2020 2596.072852519434 -0.62 -6.24
Nov 2020 2577.468548019137 -0.72 -7.58
Dec 2020 2587.1465666278864 0.38 -7.59
Jan 2021 2581.668554385993 -0.21 -7.79
Feb 2021 2587.6473860355413 0.23 -7.92
Mar 2021 2583.556127118569 -0.16 -8.53
Apr 2021 2602.591071466494 0.74 -7.68
May 2021 2646.102197773356 1.67 -4.57
Jun 2021 2697.107893482746 1.93 -1.38
Jul 2021 2749.3845246731826 1.94 1.89
Aug 2021 2790.8425529056335 1.51 4.71
Sep 2021 2850.4969801519474 2.14 9.12
Oct 2021 2890.0568222535585 1.39 11.32
Nov 2021 2946.1242707806014 1.94 14.30
Dec 2021 2989.6790061360807 1.48 15.56
Jan 2022 3036.1942271937164 1.56 17.61
Feb 2022 3071.2527071267923 1.16 18.69
Mar 2022 3116.5006086040908 1.47 20.63
Apr 2022 3160.8603409540283 1.42 21.45
May 2022 3186.3002573167328 0.81 20.42
Jun 2022 3210.5756137817284 0.76 19.04
Jul 2022 3253.7950657588244 1.35 18.35
Aug 2022 3298.015621358971 1.36 18.17
Sep 2022 3312.479367512585 0.44 16.21
Oct 2022 3313.877236737252 0.04 14.67
Nov 2022 3307.8682079868317 -0.18 12.28
Dec 2022 3310.3856018905385 0.08 10.73
Jan 2023 3318.43642232036 0.24 9.30
Feb 2023 3303.6617871581225 -0.44 7.57
Mar 2023 3307.3897551925375 0.11 6.13
Apr 2023 3312.7514544495375 0.16 4.81
May 2023 3347.980652398534 1.06 5.07
Jun 2023 3368.4542174413564 0.61 4.92
Jul 2023 3345.818785646573 -0.67 2.83
Aug 2023 3364.7012692421927 0.56 2.02
Sep 2023 3399.14042955084 1.02 2.62
Oct 2023 3453.0490450931347 1.59 4.20
Nov 2023 3465.3001415420404 0.36 4.76
Dec 2023 3457.5696701457437 -0.22 4.45
Jan 2024 3466.812681602831 0.27 4.47
Feb 2024 3494.4848345434334 0.80 5.78
Mar 2024 3505.426594924192 0.31 5.99
Apr 2024 3511.477070958823 0.17 6.00
May 2024 3497.897246075007 -0.39 4.48
Jun 2024 3497.362049876145 -0.01 3.83
Jul 2024 3502.1119971658786 0.14 4.67
Aug 2024 3502.5144520147965 0.01 4.10
Sep 2024 3522.094209790196 0.56 3.62
Oct 2024 3515.699015503323 -0.18 1.81
Nov 2024 3518.732909228388 0.09 1.54
Dec 2024 3504.2735087993765 -0.41 1.35
Jan 2025 3512.9504269544827 0.25 1.33
Feb 2025 3573.8987144639877 1.74 2.27
Mar 2025 3590.9063081769614 0.48 2.44
Apr 2025 3609.682715823566 0.52 2.80
May 2025 3630.837933871427 0.59 3.80
Jun 2025 3649.0669857502285 0.50 4.34
Jul 2025 3680.675585697391 0.87 5.10
Aug 2025 3695.2506715287586 0.40 5.50
Sep 2025 3692.659161745419 -0.07 4.84
Oct 2025 3704.6959707271676 0.33 5.38
Nov 2025 3731.4797585185015 0.72 6.05
Dec 2025 3781.054843696801 1.33 7.90
Jan 2026 3802.477014521374 0.57 8.24
Feb 2026 3777.2776844070963 -0.66 5.69