Zip Code: 19127 (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 19127 Zip Code (Philadelphia, Pennsylvania) in February 2026 was $2,203.863. The month over month percentage change (MoM) was 0.23%, and the year over year percentage change (YoY) was 5.31%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 19127 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 19127 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: 19127 (Philadelphia, Pennsylvania) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 19127 (Philadelphia, Pennsylvania) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1383.111865706591 NaN NaN
Feb 2015 1382.616896598385 -0.04 NaN
Mar 2015 1390.7600319544943 0.59 NaN
Apr 2015 1388.1065387513986 -0.19 NaN
May 2015 1365.5823035153462 -1.62 NaN
Jun 2015 1366.3394402528893 0.06 NaN
Jul 2015 1372.9631327269358 0.49 NaN
Aug 2015 1386.0228498158351 0.95 NaN
Sep 2015 1374.4000532375628 -0.84 NaN
Oct 2015 1350.6821475603933 -1.73 NaN
Nov 2015 1374.3780741801638 1.75 NaN
Dec 2015 1404.8396083302723 2.22 NaN
Jan 2016 1423.4188900165504 1.32 2.91
Feb 2016 1397.8808253931757 -1.79 1.10
Mar 2016 1390.2452798580966 -0.55 -0.04
Apr 2016 1408.6597227895475 1.33 1.48
May 2016 1434.4822716811204 1.83 5.05
Jun 2016 1433.2300977287337 -0.09 4.90
Jul 2016 1430.0771517067612 -0.22 4.16
Aug 2016 1424.9096932221164 -0.36 2.81
Sep 2016 1448.4026923026286 1.65 5.38
Oct 2016 1459.9042964474825 0.79 8.09
Nov 2016 1436.4439703869477 -1.61 4.52
Dec 2016 1419.0310037893098 -1.21 1.01
Jan 2017 1421.49602775839 0.17 -0.13
Feb 2017 1459.2996928404384 2.66 4.39
Mar 2017 1477.575627039621 1.25 6.28
Apr 2017 1483.1342765364288 0.38 5.29
May 2017 1472.272095471295 -0.73 2.63
Jun 2017 1487.094140202285 1.01 3.76
Jul 2017 1495.1729363693366 0.54 4.55
Aug 2017 1510.5590187069795 1.03 6.01
Sep 2017 1495.6631375469624 -0.99 3.26
Oct 2017 1508.5338587572162 0.86 3.33
Nov 2017 1509.3862588801576 0.06 5.08
Dec 2017 1512.2777799978692 0.19 6.57
Jan 2018 1504.151228159144 -0.54 5.82
Feb 2018 1500.287751115333 -0.26 2.81
Mar 2018 1519.7704049573051 1.30 2.86
Apr 2018 1519.3592379396007 -0.03 2.44
May 2018 1533.0337478350687 0.90 4.13
Jun 2018 1541.6249129587372 0.56 3.67
Jul 2018 1545.9980469076313 0.28 3.40
Aug 2018 1541.7506385190102 -0.28 2.07
Sep 2018 1538.7883871041947 -0.19 2.88
Oct 2018 1545.0137181118132 0.41 2.42
Nov 2018 1568.3030933742548 1.51 3.90
Dec 2018 1595.8370820976156 1.76 5.53
Jan 2019 1592.9617207054318 -0.18 5.90
Feb 2019 1590.0448257318085 -0.18 5.98
Mar 2019 1578.6092932383585 -0.72 3.87
Apr 2019 1584.5015504019532 0.37 4.29
May 2019 1586.7783979657618 0.14 3.51
Jun 2019 1585.8330772350955 -0.06 2.87
Jul 2019 1592.099764232183 0.40 2.98
Aug 2019 1601.932754006542 0.62 3.90
Sep 2019 1620.5008796681914 1.16 5.31
Oct 2019 1621.2411406710764 0.05 4.93
Nov 2019 1620.468749087313 -0.05 3.33
Dec 2019 1614.0649036261088 -0.39 1.14
Jan 2020 1632.71169745356 1.16 2.50
Feb 2020 1643.4961950059794 0.66 3.36
Mar 2020 1654.7890939623007 0.69 4.83
Apr 2020 1640.5868129385167 -0.86 3.54
May 2020 1636.4413458502402 -0.25 3.13
Jun 2020 1648.3637946394772 0.73 3.94
Jul 2020 1655.6547409128402 0.44 3.99
Aug 2020 1668.7835577213957 0.79 4.17
Sep 2020 1663.9103586850688 -0.29 2.68
Oct 2020 1674.3971136691284 0.63 3.28
Nov 2020 1657.0514531761833 -1.04 2.26
Dec 2020 1699.2311020220054 2.55 5.28
Jan 2021 1708.3788982436567 0.54 4.63
Feb 2021 1734.5831400960608 1.53 5.54
Mar 2021 1712.7403080766237 -1.26 3.50
Apr 2021 1726.4798264271533 0.80 5.24
May 2021 1743.5138924884404 0.99 6.54
Jun 2021 1745.7118327680514 0.13 5.91
Jul 2021 1754.1960682586264 0.49 5.95
Aug 2021 1760.2886765255419 0.35 5.48
Sep 2021 1790.9208934718063 1.74 7.63
Oct 2021 1821.9740820100312 1.73 8.81
Nov 2021 1849.7109101189387 1.52 11.63
Dec 2021 1862.0352483391023 0.67 9.58
Jan 2022 1849.6311256610534 -0.67 8.27
Feb 2022 1848.7212604199979 -0.05 6.58
Mar 2022 1851.2863185023434 0.14 8.09
Apr 2022 1870.039496015792 1.01 8.32
May 2022 1880.5885810357338 0.56 7.86
Jun 2022 1911.8386579559422 1.66 9.52
Jul 2022 1921.7761709500949 0.52 9.55
Aug 2022 1940.5680293817352 0.98 10.24
Sep 2022 1931.4854042346801 -0.47 7.85
Oct 2022 1926.576452854632 -0.25 5.74
Nov 2022 1944.5953433262828 0.94 5.13
Dec 2022 1937.6784822863858 -0.36 4.06
Jan 2023 1961.7082965907678 1.24 6.06
Feb 2023 1968.4112495604595 0.34 6.47
Mar 2023 2006.4949469964542 1.94 8.38
Apr 2023 2003.055712787943 -0.17 7.11
May 2023 1984.5819195431752 -0.92 5.53
Jun 2023 1976.6287894899785 -0.40 3.39
Jul 2023 1980.9481690986265 0.22 3.08
Aug 2023 1988.1398027453208 0.36 2.45
Sep 2023 1988.4092771272112 0.01 2.95
Oct 2023 1992.580651741317 0.21 3.43
Nov 2023 1983.3380802146014 -0.46 1.99
Dec 2023 1992.6097737799244 0.47 2.84
Jan 2024 2003.8441143583518 0.56 2.15
Feb 2024 2025.696089309771 1.09 2.91
Mar 2024 2020.6434450421316 -0.25 0.71
Apr 2024 2036.9059406677623 0.81 1.69
May 2024 2046.5550467256749 0.47 3.12
Jun 2024 2055.649699739839 0.44 4.00
Jul 2024 2050.5037189204127 -0.25 3.51
Aug 2024 2047.269056421882 -0.16 2.97
Sep 2024 2064.006244747932 0.82 3.80
Oct 2024 2072.581780718644 0.42 4.01
Nov 2024 2076.1534391179957 0.17 4.68
Dec 2024 2085.764233942099 0.46 4.68
Jan 2025 2089.7502214187252 0.19 4.29
Feb 2025 2092.670129268186 0.14 3.31
Mar 2025 2095.7916938147155 0.15 3.72
Apr 2025 2098.166902148815 0.11 3.01
May 2025 2114.806450847759 0.79 3.34
Jun 2025 2123.2043063303604 0.40 3.29
Jul 2025 2140.8680453118673 0.83 4.41
Aug 2025 2153.9945863354287 0.61 5.21
Sep 2025 2159.847285449077 0.27 4.64
Oct 2025 2169.5125966960054 0.45 4.68
Nov 2025 2185.1183515002867 0.72 5.25
Dec 2025 2193.051725489546 0.36 5.14
Jan 2026 2198.7224499980216 0.26 5.22
Feb 2026 2203.8629148629147 0.23 5.31