Zip Code: 19103 (Philadelphia, Pennsylvania) - 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 19103 Zip Code (Philadelphia, Pennsylvania) in February 2026 was $2,213.01. The month over month percentage change (MoM) was -0.01%, and the year over year percentage change (YoY) was 2.45%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 19103 zip code (Philadelphia, Pennsylvania). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 19103 zip code (Philadelphia, Pennsylvania).

You can see similar information for other Pennsylvania 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: 19103 (Philadelphia, Pennsylvania) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 19103 (Philadelphia, Pennsylvania) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1788.3614133547226 NaN NaN
Feb 2015 1778.6397683797293 -0.54 NaN
Mar 2015 1797.9693062297004 1.09 NaN
Apr 2015 1793.2334751113792 -0.26 NaN
May 2015 1799.6361030340406 0.36 NaN
Jun 2015 1793.8249311517766 -0.32 NaN
Jul 2015 1801.2075638749986 0.41 NaN
Aug 2015 1798.1592818262309 -0.17 NaN
Sep 2015 1791.1043546817673 -0.39 NaN
Oct 2015 1796.0468294764141 0.28 NaN
Nov 2015 1784.294259259734 -0.65 NaN
Dec 2015 1820.7239378773493 2.04 NaN
Jan 2016 1816.828917222292 -0.21 1.59
Feb 2016 1838.461865470549 1.19 3.36
Mar 2016 1818.950444299339 -1.06 1.17
Apr 2016 1827.4794632707906 0.47 1.91
May 2016 1824.5869263238292 -0.16 1.39
Jun 2016 1828.8372445085975 0.23 1.95
Jul 2016 1832.1900877912135 0.18 1.72
Aug 2016 1845.586733721594 0.73 2.64
Sep 2016 1848.6792095088992 0.17 3.21
Oct 2016 1861.237107958254 0.68 3.63
Nov 2016 1859.915831892202 -0.07 4.24
Dec 2016 1832.479627365082 -1.47 0.65
Jan 2017 1829.5379985916193 -0.16 0.70
Feb 2017 1834.6772580967497 0.28 -0.21
Mar 2017 1870.2157577316593 1.94 2.82
Apr 2017 1866.124455650297 -0.22 2.12
May 2017 1858.7924172556338 -0.39 1.88
Jun 2017 1855.4102496706446 -0.18 1.45
Jul 2017 1859.9115273547427 0.24 1.51
Aug 2017 1864.6361318107383 0.25 1.03
Sep 2017 1871.6108947921482 0.37 1.24
Oct 2017 1866.0407570775317 -0.30 0.26
Nov 2017 1872.986961820977 0.37 0.70
Dec 2017 1873.3136167230948 0.02 2.23
Jan 2018 1867.1853684761727 -0.33 2.06
Feb 2018 1870.5637763744476 0.18 1.96
Mar 2018 1864.0654432098627 -0.35 -0.33
Apr 2018 1878.1100294162025 0.75 0.64
May 2018 1877.884909869005 -0.01 1.03
Jun 2018 1880.160907970077 0.12 1.33
Jul 2018 1883.576017098402 0.18 1.27
Aug 2018 1894.1100753433639 0.56 1.58
Sep 2018 1903.458461313881 0.49 1.70
Oct 2018 1909.1743224723111 0.30 2.31
Nov 2018 1908.5720020581941 -0.03 1.90
Dec 2018 1917.202954761918 0.45 2.34
Jan 2019 1918.0284715905264 0.04 2.72
Feb 2019 1913.8906502439606 -0.22 2.32
Mar 2019 1910.836358741149 -0.16 2.51
Apr 2019 1906.6924131618327 -0.22 1.52
May 2019 1917.3732535571507 0.56 2.10
Jun 2019 1923.8332908202206 0.34 2.32
Jul 2019 1925.7705156622392 0.10 2.24
Aug 2019 1920.8237470122451 -0.26 1.41
Sep 2019 1918.304279695573 -0.13 0.78
Oct 2019 1922.771994805447 0.23 0.71
Nov 2019 1929.7368392509331 0.36 1.11
Dec 2019 1937.0091746251978 0.38 1.03
Jan 2020 1950.2820828796578 0.69 1.68
Feb 2020 1961.0141341601336 0.55 2.46
Mar 2020 1969.7787263299736 0.45 3.09
Apr 2020 1957.2784181016223 -0.63 2.65
May 2020 1946.8479395569573 -0.53 1.54
Jun 2020 1914.7318024105152 -1.65 -0.47
Jul 2020 1898.8007130670694 -0.83 -1.40
Aug 2020 1874.257301035282 -1.29 -2.42
Sep 2020 1879.1188900633097 0.26 -2.04
Oct 2020 1870.8637314795958 -0.44 -2.70
Nov 2020 1863.2688607320524 -0.41 -3.44
Dec 2020 1842.4486513449542 -1.12 -4.88
Jan 2021 1829.8630122711809 -0.68 -6.17
Feb 2021 1844.4938749791595 0.80 -5.94
Mar 2021 1849.0629980949452 0.25 -6.13
Apr 2021 1872.4131107136534 1.26 -4.34
May 2021 1886.023728142908 0.73 -3.12
Jun 2021 1914.639388336246 1.52 0.00
Jul 2021 1930.139585210543 0.81 1.65
Aug 2021 1953.9643131452165 1.23 4.25
Sep 2021 1965.9947178137054 0.62 4.62
Oct 2021 1991.3485398742673 1.29 6.44
Nov 2021 2007.4512288430794 0.81 7.74
Dec 2021 2044.5942819789473 1.85 10.97
Jan 2022 2061.199191237835 0.81 12.64
Feb 2022 2070.7348636895167 0.46 12.27
Mar 2022 2058.380966953824 -0.60 11.32
Apr 2022 2057.3194611517833 -0.05 9.88
May 2022 2063.250380385229 0.29 9.40
Jun 2022 2079.3082802875974 0.78 8.60
Jul 2022 2086.0105146262026 0.32 8.08
Aug 2022 2089.529718384799 0.17 6.94
Sep 2022 2086.6403832330784 -0.14 6.14
Oct 2022 2070.6391158890297 -0.77 3.98
Nov 2022 2073.41285042821 0.13 3.29
Dec 2022 2068.3723111326817 -0.24 1.16
Jan 2023 2078.808352257585 0.51 0.85
Feb 2023 2066.725596902322 -0.58 -0.19
Mar 2023 2075.4597622293686 0.42 0.83
Apr 2023 2082.1340045525167 0.32 1.21
May 2023 2094.733377917572 0.61 1.53
Jun 2023 2092.8361934456393 -0.09 0.65
Jul 2023 2099.8098125823535 0.33 0.66
Aug 2023 2113.8238006429974 0.67 1.16
Sep 2023 2116.9938025565557 0.15 1.46
Oct 2023 2130.7275236620276 0.65 2.90
Nov 2023 2137.787269545094 0.33 3.11
Dec 2023 2132.742630553661 -0.24 3.11
Jan 2024 2126.477581107782 -0.29 2.29
Feb 2024 2113.4155720640247 -0.61 2.26
Mar 2024 2126.9497227277916 0.64 2.48
Apr 2024 2128.480417150049 0.07 2.23
May 2024 2135.7037348346316 0.34 1.96
Jun 2024 2137.0154120094226 0.06 2.11
Jul 2024 2140.9938753837214 0.19 1.96
Aug 2024 2143.909326080489 0.14 1.42
Sep 2024 2145.9321935593275 0.09 1.37
Oct 2024 2139.903016501119 -0.28 0.43
Nov 2024 2123.088597776385 -0.79 -0.69
Dec 2024 2120.9690797988997 -0.10 -0.55
Jan 2025 2133.211807533101 0.58 0.32
Feb 2025 2160.12143786287 1.26 2.21
Mar 2025 2155.4986804217647 -0.21 1.34
Apr 2025 2158.543345742199 0.14 1.41
May 2025 2153.56642154671 -0.23 0.84
Jun 2025 2157.858608880036 0.20 0.98
Jul 2025 2158.6341778070587 0.04 0.82
Aug 2025 2157.7752127814524 -0.04 0.65
Sep 2025 2165.0112613023466 0.34 0.89
Oct 2025 2175.973610874983 0.51 1.69
Nov 2025 2195.3844930231753 0.89 3.41
Dec 2025 2210.693494385962 0.70 4.23
Jan 2026 2213.265070876152 0.12 3.75
Feb 2026 2213.009935897436 -0.01 2.45