Zip Code: 21701 (Frederick, 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 21701 Zip Code (Frederick, Maryland) in February 2026 was $2,233.422. The month over month percentage change (MoM) was 0.36%, and the year over year percentage change (YoY) was 1.94%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 21701 zip code (Frederick, Maryland). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 21701 zip code (Frederick, 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: 21701 (Frederick, Maryland) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 21701 (Frederick, Maryland) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 0 NaN NaN
Feb 2015 1355.0115023402861 Infinity NaN
Mar 2015 1377.9681400461607 1.69 NaN
Apr 2015 1400.931461279132 1.67 NaN
May 2015 1393.1049837513485 -0.56 NaN
Jun 2015 1391.5843541327372 -0.11 NaN
Jul 2015 1389.8221899212524 -0.13 NaN
Aug 2015 1380.6965511715503 -0.66 NaN
Sep 2015 1369.9779180975445 -0.78 NaN
Oct 2015 1375.5381097526495 0.41 NaN
Nov 2015 1384.2846387088493 0.64 NaN
Dec 2015 1390.6971348912418 0.46 NaN
Jan 2016 1396.2701304211919 0.40 Infinity
Feb 2016 1408.2600723251119 0.86 3.93
Mar 2016 1392.5050875567729 -1.12 1.06
Apr 2016 1403.8148023652764 0.81 0.21
May 2016 1398.8183838120647 -0.36 0.41
Jun 2016 1407.4769889798638 0.62 1.14
Jul 2016 1402.6802027147357 -0.34 0.93
Aug 2016 1416.0608822245706 0.95 2.56
Sep 2016 1439.4923915784545 1.66 5.07
Oct 2016 1448.180371788428 0.60 5.28
Nov 2016 1443.8630768644448 -0.30 4.30
Dec 2016 1436.27318993238 -0.53 3.28
Jan 2017 1441.3900131623043 0.36 3.23
Feb 2017 1442.2087691958104 0.06 2.41
Mar 2017 1441.3090013685876 -0.06 3.51
Apr 2017 1438.4311454575204 -0.20 2.47
May 2017 1448.0232493972621 0.67 3.52
Jun 2017 1453.04521971638 0.35 3.24
Jul 2017 1465.754459897949 0.88 4.50
Aug 2017 1473.5328094807182 0.53 4.06
Sep 2017 1478.787291145614 0.36 2.73
Oct 2017 1471.0047410567493 -0.53 1.58
Nov 2017 1460.8006045200962 -0.69 1.17
Dec 2017 1466.0553092626938 0.36 2.07
Jan 2018 1469.5204227376291 0.24 1.95
Feb 2018 1481.9985287251307 0.85 2.76
Mar 2018 1476.3623781191354 -0.38 2.43
Apr 2018 1470.864611628237 -0.37 2.26
May 2018 1471.8261801662075 0.07 1.64
Jun 2018 1486.4445938354254 0.99 2.30
Jul 2018 1500.5819821875773 0.95 2.38
Aug 2018 1504.2227942369025 0.24 2.08
Sep 2018 1491.7997792297242 -0.83 0.88
Oct 2018 1476.7969677054336 -1.01 0.39
Nov 2018 1486.8030031827707 0.68 1.78
Dec 2018 1477.2046200856155 -0.65 0.76
Jan 2019 1488.3261714784242 0.75 1.28
Feb 2019 1490.1209755210823 0.12 0.55
Mar 2019 1504.153885012647 0.94 1.88
Apr 2019 1514.567082615661 0.69 2.97
May 2019 1519.0331789400548 0.30 3.21
Jun 2019 1513.052011873911 -0.39 1.79
Jul 2019 1507.5165511969542 -0.37 0.46
Aug 2019 1510.1077893560994 0.17 0.39
Sep 2019 1525.0804993890529 0.99 2.23
Oct 2019 1552.0459971009955 1.77 5.10
Nov 2019 1564.5761764952013 0.81 5.23
Dec 2019 1586.794606728342 1.42 7.42
Jan 2020 1591.9598276483473 0.33 6.96
Feb 2020 1602.1307040324843 0.64 7.52
Mar 2020 1568.5031731725069 -2.10 4.28
Apr 2020 1566.5209966136786 -0.13 3.43
May 2020 1586.831258291385 1.30 4.46
Jun 2020 1599.101826093765 0.77 5.69
Jul 2020 1607.041473655888 0.50 6.60
Aug 2020 1618.306807167343 0.70 7.17
Sep 2020 1608.7683053539101 -0.59 5.49
Oct 2020 1625.6092854028466 1.05 4.74
Nov 2020 1641.6126635565447 0.98 4.92
Dec 2020 1653.6330626795339 0.73 4.21
Jan 2021 1657.4378383637443 0.23 4.11
Feb 2021 1685.2186560900343 1.68 5.19
Mar 2021 1710.7209083205228 1.51 9.07
Apr 2021 1737.1297267400726 1.54 10.89
May 2021 1709.0835759912186 -1.61 7.70
Jun 2021 1719.4506128918267 0.61 7.53
Jul 2021 1724.341304127321 0.28 7.30
Aug 2021 1767.6152694079594 2.51 9.23
Sep 2021 1802.7698893230167 1.99 12.06
Oct 2021 1827.1491449771956 1.35 12.40
Nov 2021 1824.19331160509 -0.16 11.12
Dec 2021 1801.9423975161972 -1.22 8.97
Jan 2022 1825.122573065987 1.29 10.12
Feb 2022 1839.6361194710057 0.80 9.16
Mar 2022 1874.357721377258 1.89 9.57
Apr 2022 1875.082786943067 0.04 7.94
May 2022 1927.719886566807 2.81 12.79
Jun 2022 1948.5875275078868 1.08 13.33
Jul 2022 1974.9809840429914 1.35 14.54
Aug 2022 1967.6086563524102 -0.37 11.31
Sep 2022 1978.962399072387 0.58 9.77
Oct 2022 1984.2508092710764 0.27 8.60
Nov 2022 1980.9205467121717 -0.17 8.59
Dec 2022 2006.4807874548699 1.29 11.35
Jan 2023 1998.1338535178663 -0.42 9.48
Feb 2023 2034.4730531434404 1.82 10.59
Mar 2023 2031.6621526119177 -0.14 8.39
Apr 2023 2046.666009074672 0.74 9.15
May 2023 2038.5976595240556 -0.39 5.75
Jun 2023 2052.1812500529127 0.67 5.32
Jul 2023 2065.4683317992676 0.65 4.58
Aug 2023 2065.7268659623123 0.01 4.99
Sep 2023 2069.38053406914 0.18 4.57
Oct 2023 2060.6888036834644 -0.42 3.85
Nov 2023 2076.5044511137353 0.77 4.83
Dec 2023 2085.2532085733415 0.42 3.93
Jan 2024 2104.2165009657415 0.91 5.31
Feb 2024 2084.1206580499534 -0.95 2.44
Mar 2024 2082.1233962909037 -0.10 2.48
Apr 2024 2095.3558852214937 0.64 2.38
May 2024 2131.1137340079663 1.71 4.54
Jun 2024 2139.2199152748376 0.38 4.24
Jul 2024 2131.319936619817 -0.37 3.19
Aug 2024 2130.9592798040458 -0.02 3.16
Sep 2024 2148.6374914025423 0.83 3.83
Oct 2024 2174.9617718482855 1.23 5.55
Nov 2024 2189.2024867939317 0.66 5.43
Dec 2024 2173.744126419778 -0.71 4.24
Jan 2025 2180.552780122714 0.31 3.63
Feb 2025 2190.884700669191 0.47 5.12
Mar 2025 2203.3724651561943 0.57 5.82
Apr 2025 2202.3708018413904 -0.04 5.11
May 2025 2185.4996536232675 -0.77 2.55
Jun 2025 2185.4269652340427 0.00 2.16
Jul 2025 2196.5583398248637 0.51 3.06
Aug 2025 2213.972160958641 0.79 3.90
Sep 2025 2211.4482361578575 -0.11 2.92
Oct 2025 2209.660989296753 -0.08 1.60
Nov 2025 2207.1323646826636 -0.11 0.82
Dec 2025 2224.523454484546 0.79 2.34
Jan 2026 2225.3229838242496 0.04 2.05
Feb 2026 2233.422222222222 0.36 1.94