Zip Code: 20904 (Silver Spring, 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 20904 Zip Code (Silver Spring, Maryland) in February 2026 was $2,080.655. The month over month percentage change (MoM) was -0.23%, and the year over year percentage change (YoY) was 4.50%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 20904 zip code (Silver Spring, Maryland). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 20904 zip code (Silver Spring, 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: 20904 (Silver Spring, Maryland) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 20904 (Silver Spring, Maryland) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 0 NaN NaN
Jun 2016 0 NaN NaN
Jul 2016 0 NaN NaN
Aug 2016 0 NaN NaN
Sep 2016 0 NaN NaN
Oct 2016 0 NaN NaN
Nov 2016 0 NaN NaN
Dec 2016 0 NaN NaN
Jan 2017 0 NaN NaN
Feb 2017 0 NaN NaN
Mar 2017 0 NaN NaN
Apr 2017 0 NaN NaN
May 2017 0 NaN NaN
Jun 2017 0 NaN NaN
Jul 2017 0 NaN NaN
Aug 2017 0 NaN NaN
Sep 2017 0 NaN NaN
Oct 2017 0 NaN NaN
Nov 2017 0 NaN NaN
Dec 2017 0 NaN NaN
Jan 2018 0 NaN NaN
Feb 2018 0 NaN NaN
Mar 2018 0 NaN NaN
Apr 2018 0 NaN NaN
May 2018 0 NaN NaN
Jun 2018 0 NaN NaN
Jul 2018 0 NaN NaN
Aug 2018 0 NaN NaN
Sep 2018 0 NaN NaN
Oct 2018 0 NaN NaN
Nov 2018 0 NaN NaN
Dec 2018 0 NaN NaN
Jan 2019 0 NaN NaN
Feb 2019 0 NaN NaN
Mar 2019 0 NaN NaN
Apr 2019 0 NaN NaN
May 2019 0 NaN NaN
Jun 2019 0 NaN NaN
Jul 2019 0 NaN NaN
Aug 2019 0 NaN NaN
Sep 2019 0 NaN NaN
Oct 2019 0 NaN NaN
Nov 2019 0 NaN NaN
Dec 2019 0 NaN NaN
Jan 2020 0 NaN NaN
Feb 2020 0 NaN NaN
Mar 2020 0 NaN NaN
Apr 2020 0 NaN NaN
May 2020 0 NaN NaN
Jun 2020 0 NaN NaN
Jul 2020 0 NaN NaN
Aug 2020 0 NaN NaN
Sep 2020 0 NaN NaN
Oct 2020 0 NaN NaN
Nov 2020 0 NaN NaN
Dec 2020 0 NaN NaN
Jan 2021 0 NaN NaN
Feb 2021 1617.1406671546117 Infinity Infinity
Mar 2021 1614.5518488406296 -0.16 Infinity
Apr 2021 1624.3135209403983 0.61 Infinity
May 2021 1629.041657903566 0.29 Infinity
Jun 2021 1640.2837163685742 0.69 Infinity
Jul 2021 1649.4239005371435 0.56 Infinity
Aug 2021 1659.4819436337068 0.61 Infinity
Sep 2021 1686.3763425896486 1.62 Infinity
Oct 2021 1703.255368344161 1.00 Infinity
Nov 2021 1736.978111272047 1.98 Infinity
Dec 2021 1736.3912921040346 -0.03 Infinity
Jan 2022 1741.705655349221 0.31 Infinity
Feb 2022 1717.4060754283369 -1.39 6.20
Mar 2022 1730.1042959700962 0.74 7.16
Apr 2022 1734.1425633578554 0.23 6.76
May 2022 1739.9236532340665 0.33 6.81
Jun 2022 1747.2412566416995 0.42 6.52
Jul 2022 1751.2062153763825 0.23 6.17
Aug 2022 1768.157531338287 0.97 6.55
Sep 2022 1746.4820982297617 -1.23 3.56
Oct 2022 1756.9306673584847 0.60 3.15
Nov 2022 1758.0254230793723 0.06 1.21
Dec 2022 1786.2932528720166 1.61 2.87
Jan 2023 1792.5899699778136 0.35 2.92
Feb 2023 1813.734074836382 1.18 5.61
Mar 2023 1822.0548525072425 0.46 5.32
Apr 2023 1827.6346539601245 0.31 5.39
May 2023 1826.1481199315979 -0.08 4.96
Jun 2023 1822.1496286929034 -0.22 4.29
Jul 2023 1835.0410328643306 0.71 4.79
Aug 2023 1850.380934000321 0.84 4.65
Sep 2023 1882.6568001087217 1.74 7.80
Oct 2023 1884.7956197203946 0.11 7.28
Nov 2023 1898.752836352929 0.74 8.01
Dec 2023 1882.1376897216303 -0.87 5.37
Jan 2024 1884.478075425848 0.12 5.13
Feb 2024 1876.9683410833431 -0.40 3.49
Mar 2024 1886.0106094310665 0.48 3.51
Apr 2024 1902.041661839793 0.85 4.07
May 2024 1928.8231792129027 1.41 5.62
Jun 2024 1945.2181376073606 0.85 6.75
Jul 2024 1943.5531812489255 -0.09 5.91
Aug 2024 1948.4017493813258 0.25 5.30
Sep 2024 1955.987144280133 0.39 3.90
Oct 2024 1959.0048542054597 0.15 3.94
Nov 2024 1949.488792744298 -0.49 2.67
Dec 2024 1942.7084889951286 -0.35 3.22
Jan 2025 1958.0621382173729 0.79 3.91
Feb 2025 1991.146508275749 1.69 6.08
Mar 2025 1995.3722846246771 0.21 5.80
Apr 2025 1997.012139119035 0.08 4.99
May 2025 1993.6346288427471 -0.17 3.36
Jun 2025 1999.5178963928583 0.30 2.79
Jul 2025 2012.0254188062816 0.63 3.52
Aug 2025 2015.9848976153587 0.20 3.47
Sep 2025 2017.4967767007681 0.08 3.15
Oct 2025 2031.5157756948668 0.70 3.70
Nov 2025 2051.001704986587 0.96 5.21
Dec 2025 2079.366459877852 1.38 7.03
Jan 2026 2085.5339571417867 0.30 6.51
Feb 2026 2080.6550116550115 -0.23 4.50