Zip Code: 19124 (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 19124 Zip Code (Philadelphia, Pennsylvania) in February 2026 was $1,258.166. The month over month percentage change (MoM) was -1.19%, and the year over year percentage change (YoY) was -2.34%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 19124 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 19124 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: 19124 (Philadelphia, Pennsylvania) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 19124 (Philadelphia, Pennsylvania) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 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 757.9324896052153 Infinity Infinity
Jun 2016 760.4862153111013 0.34 Infinity
Jul 2016 774.5629843152592 1.85 Infinity
Aug 2016 796.5653313562124 2.84 Infinity
Sep 2016 808.1343478146188 1.45 Infinity
Oct 2016 799.5262888318349 -1.06 Infinity
Nov 2016 803.521438378573 0.50 Infinity
Dec 2016 809.0301613897271 0.69 Infinity
Jan 2017 808.7402027720138 -0.04 Infinity
Feb 2017 813.7230233591804 0.62 Infinity
Mar 2017 810.658736239505 -0.38 Infinity
Apr 2017 809.9358836104311 -0.09 Infinity
May 2017 815.4159752873767 0.68 7.58
Jun 2017 814.7441904328205 -0.08 7.14
Jul 2017 828.8641368721978 1.73 7.01
Aug 2017 816.0434628877206 -1.55 2.44
Sep 2017 817.8948951141017 0.23 1.21
Oct 2017 810.3515608266617 -0.92 1.35
Nov 2017 816.9723332986114 0.82 1.67
Dec 2017 820.1061709676123 0.38 1.37
Jan 2018 821.9497118823788 0.23 1.63
Feb 2018 823.1729446527191 0.15 1.16
Mar 2018 825.4666320449912 0.28 1.83
Apr 2018 833.1731841636782 0.93 2.87
May 2018 839.1310133353428 0.72 2.91
Jun 2018 839.8660500286759 0.09 3.08
Jul 2018 827.8509689728213 -1.43 -0.12
Aug 2018 831.8315303285932 0.48 1.94
Sep 2018 836.7605781370071 0.59 2.31
Oct 2018 860.6251793338192 2.85 6.20
Nov 2018 860.1848436702978 -0.05 5.29
Dec 2018 862.336175335838 0.25 5.15
Jan 2019 864.4992610112464 0.25 5.18
Feb 2019 866.5898619797115 0.24 5.27
Mar 2019 873.9042056703155 0.84 5.87
Apr 2019 878.1932975019581 0.49 5.40
May 2019 880.4524817861794 0.26 4.92
Jun 2019 888.0523939234081 0.86 5.74
Jul 2019 896.3075701845654 0.93 8.27
Aug 2019 903.6486818346867 0.82 8.63
Sep 2019 904.3047168374396 0.07 8.07
Oct 2019 897.7680097982604 -0.72 4.32
Nov 2019 901.6829920654532 0.44 4.82
Dec 2019 905.4097427990553 0.41 5.00
Jan 2020 910.6373819356951 0.58 5.34
Feb 2020 915.428520209379 0.53 5.64
Mar 2020 917.9014677446385 0.27 5.04
Apr 2020 935.2067268561958 1.89 6.49
May 2020 952.9783802597988 1.90 8.24
Jun 2020 959.3603051832014 0.67 8.03
Jul 2020 977.2297833713436 1.86 9.03
Aug 2020 967.0865751968596 -1.04 7.02
Sep 2020 974.951596465356 0.81 7.81
Oct 2020 957.7179493334743 -1.77 6.68
Nov 2020 970.1697778304138 1.30 7.60
Dec 2020 986.8362207222269 1.72 8.99
Jan 2021 1002.6908048366803 1.61 10.11
Feb 2021 1008.0329617404915 0.53 10.12
Mar 2021 996.7066913041606 -1.12 8.59
Apr 2021 993.0035313224477 -0.37 6.18
May 2021 997.3909914213025 0.44 4.66
Jun 2021 1017.2802942764314 1.99 6.04
Jul 2021 1033.62787575713 1.61 5.77
Aug 2021 1045.2552233299268 1.13 8.08
Sep 2021 1047.8468646833003 0.25 7.48
Oct 2021 1039.9736556887265 -0.75 8.59
Nov 2021 1035.0969939445881 -0.47 6.69
Dec 2021 1017.2574253416044 -1.72 3.08
Jan 2022 1029.1762279971967 1.17 2.64
Feb 2022 1035.8090751172688 0.64 2.76
Mar 2022 1068.7888312190048 3.18 7.23
Apr 2022 1091.3705189172217 2.11 9.91
May 2022 1099.3843812712314 0.73 10.23
Jun 2022 1089.1731538095883 -0.93 7.07
Jul 2022 1083.7481324831597 -0.50 4.85
Aug 2022 1093.8861534101381 0.94 4.65
Sep 2022 1104.645180993667 0.98 5.42
Oct 2022 1119.2598627289706 1.32 7.62
Nov 2022 1121.600291230592 0.21 8.36
Dec 2022 1138.252602111171 1.49 11.89
Jan 2023 1139.4113971367617 0.10 10.71
Feb 2023 1148.0094721511327 0.76 10.83
Mar 2023 1153.0344550563354 0.44 7.88
Apr 2023 1143.484535943605 -0.83 4.78
May 2023 1145.8783457313202 0.21 4.23
Jun 2023 1149.3931834390794 0.31 5.53
Jul 2023 1149.3899635079765 0.00 6.06
Aug 2023 1168.6160497548856 1.67 6.83
Sep 2023 1178.9907358121368 0.89 6.73
Oct 2023 1210.2759980176868 2.65 8.13
Nov 2023 1219.7081950694985 0.78 8.75
Dec 2023 1241.9120218608655 1.82 9.11
Jan 2024 1240.029154394174 -0.15 8.83
Feb 2024 1243.4722475824776 0.28 8.32
Mar 2024 1235.948214472003 -0.60 7.19
Apr 2024 1238.757037671358 0.23 8.33
May 2024 1241.1154967445018 0.19 8.31
Jun 2024 1251.1169375633401 0.81 8.85
Jul 2024 1261.0541547173625 0.79 9.72
Aug 2024 1259.9783977465806 -0.08 7.82
Sep 2024 1252.1556976129903 -0.62 6.21
Oct 2024 1260.5405621819405 0.67 4.15
Nov 2024 1272.9872726213282 0.99 4.37
Dec 2024 1290.0980590503063 1.34 3.88
Jan 2025 1275.6553292406084 -1.12 2.87
Feb 2025 1288.2803298472504 0.99 3.60
Mar 2025 1299.0405610215703 0.84 5.11
Apr 2025 1310.2730096057858 0.87 5.77
May 2025 1317.1373866219897 0.52 6.13
Jun 2025 1319.2644689909082 0.16 5.45
Jul 2025 1320.9832573025808 0.13 4.75
Aug 2025 1316.1794501923132 -0.36 4.46
Sep 2025 1320.390354323757 0.32 5.45
Oct 2025 1299.030873598641 -1.62 3.05
Nov 2025 1287.6047058096688 -0.88 1.15
Dec 2025 1262.4651558241926 -1.95 -2.14
Jan 2026 1273.3121179948976 0.86 -0.18
Feb 2026 1258.1659932659932 -1.19 -2.34