Zip Code: 20874 (Germantown, Maryland) - 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 20874 Zip Code (Germantown, Maryland) in February 2026 was $1,986.311. The month over month percentage change (MoM) was 0.09%, and the year over year percentage change (YoY) was 0.04%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 20874 zip code (Germantown, Maryland). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 20874 zip code (Germantown, Maryland).

You can see similar information for other Maryland 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: 20874 (Germantown, Maryland) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 20874 (Germantown, Maryland) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1370.9408566617894 NaN NaN
Feb 2015 1366.3488318359202 -0.33 NaN
Mar 2015 1371.1062739145423 0.35 NaN
Apr 2015 1360.5505178428778 -0.77 NaN
May 2015 1366.4690026435273 0.44 NaN
Jun 2015 1368.965217867377 0.18 NaN
Jul 2015 1371.5843082792255 0.19 NaN
Aug 2015 1378.2247608444359 0.48 NaN
Sep 2015 1370.1024825845045 -0.59 NaN
Oct 2015 1374.094568623014 0.29 NaN
Nov 2015 1383.033398594537 0.65 NaN
Dec 2015 1396.7900223091426 1.00 NaN
Jan 2016 1396.0850175032847 -0.05 1.83
Feb 2016 1383.3713793577056 -0.91 1.25
Mar 2016 1382.3209805310087 -0.08 0.82
Apr 2016 1387.0181912660958 0.34 1.95
May 2016 1397.5303591425927 0.76 2.27
Jun 2016 1393.5186648247566 -0.29 1.79
Jul 2016 1390.5129659099896 -0.22 1.38
Aug 2016 1381.1431824304725 -0.67 0.21
Sep 2016 1392.2503053559853 0.80 1.62
Oct 2016 1398.2638662845645 0.43 1.76
Nov 2016 1395.9801008216934 -0.16 0.94
Dec 2016 1388.6846864168333 -0.52 -0.58
Jan 2017 1387.530430075848 -0.08 -0.61
Feb 2017 1401.5569027004399 1.01 1.32
Mar 2017 1411.1854754917447 0.69 2.09
Apr 2017 1410.307922382468 -0.06 1.68
May 2017 1403.8164032294653 -0.46 0.45
Jun 2017 1404.597081444619 0.06 0.80
Jul 2017 1412.0081884389883 0.53 1.55
Aug 2017 1423.4227772816919 0.81 3.06
Sep 2017 1424.5265796248477 0.08 2.32
Oct 2017 1429.0100828181376 0.32 2.20
Nov 2017 1425.366609711358 -0.25 2.11
Dec 2017 1419.1479895085527 -0.44 2.19
Jan 2018 1420.374851130876 0.09 2.37
Feb 2018 1430.8609549672378 0.74 2.09
Mar 2018 1443.430740740211 0.88 2.29
Apr 2018 1443.7119036972076 0.02 2.37
May 2018 1435.4072895889965 -0.57 2.25
Jun 2018 1437.3376253054653 0.13 2.33
Jul 2018 1434.8711284663862 -0.17 1.62
Aug 2018 1437.9685012836962 0.22 1.02
Sep 2018 1435.8659590439713 -0.15 0.80
Oct 2018 1436.969311587325 0.08 0.56
Nov 2018 1430.8656324041012 -0.42 0.39
Dec 2018 1447.0563717768075 1.13 1.97
Jan 2019 1445.3190122234284 -0.12 1.76
Feb 2019 1452.9758221379232 0.53 1.55
Mar 2019 1444.4921703472562 -0.58 0.07
Apr 2019 1449.5649183939236 0.35 0.41
May 2019 1462.118090922277 0.87 1.86
Jun 2019 1466.2832916348113 0.28 2.01
Jul 2019 1470.2745512909055 0.27 2.47
Aug 2019 1469.1178543870515 -0.08 2.17
Sep 2019 1473.0898593892518 0.27 2.59
Oct 2019 1473.5218501383843 0.03 2.54
Nov 2019 1484.7078949432748 0.76 3.76
Dec 2019 1480.607987541187 -0.28 2.32
Jan 2020 1485.9012893078639 0.36 2.81
Feb 2020 1476.5381149644961 -0.63 1.62
Mar 2020 1509.9126017129136 2.26 4.53
Apr 2020 1513.0589249500872 0.21 4.38
May 2020 1508.2694521122028 -0.32 3.16
Jun 2020 1496.3355147438374 -0.79 2.05
Jul 2020 1501.1500908783344 0.32 2.10
Aug 2020 1524.3854512742219 1.55 3.76
Sep 2020 1529.1518089346907 0.31 3.81
Oct 2020 1539.7200195511587 0.69 4.49
Nov 2020 1533.5803078547742 -0.40 3.29
Dec 2020 1541.9641135276474 0.55 4.14
Jan 2021 1549.533307161066 0.49 4.28
Feb 2021 1566.2128574555513 1.08 6.07
Mar 2021 1565.3307596575555 -0.06 3.67
Apr 2021 1570.6966858427716 0.34 3.81
May 2021 1591.7435819394968 1.34 5.53
Jun 2021 1621.3970500728483 1.86 8.36
Jul 2021 1641.5642752915674 1.24 9.35
Aug 2021 1648.470556572513 0.42 8.14
Sep 2021 1656.5431142594907 0.49 8.33
Oct 2021 1667.9800953421031 0.69 8.33
Nov 2021 1682.2467736564072 0.86 9.69
Dec 2021 1714.7173180665584 1.93 11.20
Jan 2022 1730.171549342487 0.90 11.66
Feb 2022 1755.841944383323 1.48 12.11
Mar 2022 1751.4077601097474 -0.25 11.89
Apr 2022 1762.2641144310112 0.62 12.20
May 2022 1763.095394078457 0.05 10.77
Jun 2022 1759.8729549584014 -0.18 8.54
Jul 2022 1773.0393666896725 0.75 8.01
Aug 2022 1784.6753095320369 0.66 8.26
Sep 2022 1803.9036433003457 1.08 8.90
Oct 2022 1807.6999960347712 0.21 8.38
Nov 2022 1810.823806223842 0.17 7.64
Dec 2022 1804.5867604311163 -0.34 5.24
Jan 2023 1804.8814796338484 0.02 4.32
Feb 2023 1801.9047598645213 -0.16 2.62
Mar 2023 1830.450035020828 1.58 4.51
Apr 2023 1853.884338007815 1.28 5.20
May 2023 1864.3791971600504 0.57 5.75
Jun 2023 1875.008144266052 0.57 6.54
Jul 2023 1874.8671041627317 -0.01 5.74
Aug 2023 1883.5087925790283 0.46 5.54
Sep 2023 1891.847677057549 0.44 4.88
Oct 2023 1899.4224126906038 0.40 5.07
Nov 2023 1917.7746930654869 0.97 5.91
Dec 2023 1905.5866870892023 -0.64 5.60
Jan 2024 1913.9665264260786 0.44 6.04
Feb 2024 1904.289580584522 -0.51 5.68
Mar 2024 1917.9618791183723 0.72 4.78
Apr 2024 1911.6570478760937 -0.33 3.12
May 2024 1924.2952205694787 0.66 3.21
Jun 2024 1934.2809649559863 0.52 3.16
Jul 2024 1951.6501854806834 0.90 4.10
Aug 2024 1960.6274048306589 0.46 4.09
Sep 2024 1968.6591307307842 0.41 4.06
Oct 2024 1967.0736160557376 -0.08 3.56
Nov 2024 1960.329467236938 -0.34 2.22
Dec 2024 1970.32693701236 0.51 3.40
Jan 2025 1970.2077347656304 -0.01 2.94
Feb 2025 1985.580253860083 0.78 4.27
Mar 2025 1973.8348640925656 -0.59 2.91
Apr 2025 1976.541278387618 0.14 3.39
May 2025 1972.4762084254287 -0.21 2.50
Jun 2025 1970.7780454909764 -0.09 1.89
Jul 2025 1965.4995247726292 -0.27 0.71
Aug 2025 1963.0389623933409 -0.12 0.12
Sep 2025 1959.5288921985696 -0.18 -0.46
Oct 2025 1966.4037985985703 0.35 -0.03
Nov 2025 1971.5219851366228 0.26 0.57
Dec 2025 1979.7504011290757 0.42 0.48
Jan 2026 1984.45373757585 0.24 0.72
Feb 2026 1986.3110119047622 0.09 0.04