Zip Code: 21703 (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 21703 Zip Code (Frederick, Maryland) in February 2026 was $2,152.635. The month over month percentage change (MoM) was 0.11%, and the year over year percentage change (YoY) was 2.28%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 21703 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 21703 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: 21703 (Frederick, Maryland) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 21703 (Frederick, Maryland) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 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 1467.8363871108859 Infinity Infinity
Apr 2020 1468.1384021298443 0.02 Infinity
May 2020 1487.351104567556 1.31 Infinity
Jun 2020 1515.3399313148086 1.88 Infinity
Jul 2020 1527.3831925901984 0.80 Infinity
Aug 2020 1525.7083456672 -0.11 Infinity
Sep 2020 1525.3277646800675 -0.02 Infinity
Oct 2020 1545.4919799034315 1.32 Infinity
Nov 2020 1568.0497740603876 1.46 Infinity
Dec 2020 1584.1915904605828 1.03 Infinity
Jan 2021 1587.2029982056442 0.19 Infinity
Feb 2021 1624.064005335603 2.32 Infinity
Mar 2021 1642.1984594967437 1.12 11.88
Apr 2021 0 -100.00 -100.00
May 2021 1627.6194368208626 Infinity 9.43
Jun 2021 1628.1306989058262 0.03 7.44
Jul 2021 1634.1777141025207 0.37 6.99
Aug 2021 0 -100.00 -100.00
Sep 2021 1686.1505041616058 Infinity 10.54
Oct 2021 1718.9944880775909 1.95 11.23
Nov 2021 1736.64118349366 1.03 10.75
Dec 2021 1751.7354929821597 0.87 10.58
Jan 2022 1773.506349818104 1.24 11.74
Feb 2022 1785.7863780209755 0.69 9.96
Mar 2022 1810.3755639001693 1.38 10.24
Apr 2022 1826.1016840104235 0.87 Infinity
May 2022 1858.4488569423145 1.77 14.18
Jun 2022 1869.0936207312964 0.57 14.80
Jul 2022 1897.0422098555505 1.50 16.09
Aug 2022 1884.8101369526346 -0.64 Infinity
Sep 2022 1901.488868546259 0.89 12.77
Oct 2022 1871.780825076869 -1.56 8.89
Nov 2022 1858.4864099070944 -0.71 7.02
Dec 2022 1875.1936298245712 0.90 7.05
Jan 2023 1905.2093069728016 1.60 7.43
Feb 2023 1919.1146461923015 0.73 7.47
Mar 2023 1930.9979732076022 0.62 6.66
Apr 2023 1938.3802593986802 0.38 6.15
May 2023 1976.2078229210906 1.95 6.34
Jun 2023 1971.8149192028568 -0.22 5.50
Jul 2023 1975.125485308944 0.17 4.12
Aug 2023 1974.8030320065448 -0.02 4.78
Sep 2023 1988.573624619434 0.70 4.58
Oct 2023 2014.70198642935 1.31 7.64
Nov 2023 2034.412355852058 0.98 9.47
Dec 2023 2035.2323188512987 0.04 8.54
Jan 2024 2022.727028413296 -0.61 6.17
Feb 2024 2015.5634816217882 -0.35 5.03
Mar 2024 2015.6093739349096 0.00 4.38
Apr 2024 2027.9239314900533 0.61 4.62
May 2024 2034.6217841547461 0.33 2.96
Jun 2024 2048.159236406754 0.67 3.87
Jul 2024 2048.587980677452 0.02 3.72
Aug 2024 2063.145137352338 0.71 4.47
Sep 2024 2075.2476513712118 0.59 4.36
Oct 2024 2102.060886259988 1.29 4.34
Nov 2024 2108.3545837625184 0.30 3.64
Dec 2024 2111.444501810039 0.15 3.75
Jan 2025 2086.099817030573 -1.20 3.13
Feb 2025 2104.568221193907 0.89 4.42
Mar 2025 2109.744461583215 0.25 4.67
Apr 2025 2109.6754245207244 0.00 4.03
May 2025 2096.440107222997 -0.63 3.04
Jun 2025 2102.9021628885457 0.31 2.67
Jul 2025 2111.6749010103276 0.42 3.08
Aug 2025 2118.5345779737204 0.33 2.69
Sep 2025 2114.778542942531 -0.18 1.91
Oct 2025 2102.939364149856 -0.56 0.04
Nov 2025 2107.0371413789735 0.20 -0.06
Dec 2025 2116.3169273921294 0.44 0.23
Jan 2026 2150.252995389126 1.60 3.08
Feb 2026 2152.635327635328 0.11 2.28