Zip Code: 21740 (Hagerstown, 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 21740 Zip Code (Hagerstown, Maryland) in February 2026 was $1,330.637. The month over month percentage change (MoM) was 0.47%, and the year over year percentage change (YoY) was 5.96%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 21740 zip code (Hagerstown, Maryland). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 21740 zip code (Hagerstown, 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: 21740 (Hagerstown, Maryland) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 21740 (Hagerstown, Maryland) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 735.7394264009178 Infinity Infinity
Jun 2016 736.1292839017513 0.05 Infinity
Jul 2016 733.0557193522268 -0.42 Infinity
Aug 2016 729.0152479453104 -0.55 Infinity
Sep 2016 736.3974262801086 1.01 Infinity
Oct 2016 738.6584274034499 0.31 Infinity
Nov 2016 744.5823239192447 0.80 Infinity
Dec 2016 742.6207473302021 -0.26 Infinity
Jan 2017 744.8433135154944 0.30 Infinity
Feb 2017 748.6932563463812 0.52 Infinity
Mar 2017 750.7562976305186 0.28 Infinity
Apr 2017 751.2792293311124 0.07 Infinity
May 2017 749.1351310027842 -0.28 1.82
Jun 2017 748.6287334264101 -0.07 1.70
Jul 2017 747.9435218376403 -0.09 2.03
Aug 2017 753.8764382269386 0.79 3.41
Sep 2017 757.7165437850284 0.51 2.90
Oct 2017 760.3502941025644 0.35 2.94
Nov 2017 755.2678368145296 -0.67 1.44
Dec 2017 761.6091778668855 0.84 2.56
Jan 2018 762.2836633813322 0.09 2.34
Feb 2018 767.9227723985605 0.74 2.57
Mar 2018 758.0589114710584 -1.28 0.97
Apr 2018 760.9410073877525 0.38 1.29
May 2018 763.443276857108 0.33 1.91
Jun 2018 768.5002214274782 0.66 2.65
Jul 2018 770.2235416333184 0.22 2.98
Aug 2018 767.5817139484815 -0.34 1.82
Sep 2018 770.6860403429698 0.40 1.71
Oct 2018 773.5384193663463 0.37 1.73
Nov 2018 776.0749214059587 0.33 2.76
Dec 2018 775.5200606541949 -0.07 1.83
Jan 2019 779.9557730525081 0.57 2.32
Feb 2019 781.0038207707763 0.13 1.70
Mar 2019 792.3758757872995 1.46 4.53
Apr 2019 794.3459036233147 0.25 4.39
May 2019 797.8898045235719 0.45 4.51
Jun 2019 798.2034966850507 0.04 3.87
Jul 2019 801.8855476889506 0.46 4.11
Aug 2019 806.0678023129526 0.52 5.01
Sep 2019 804.3577229238737 -0.21 4.37
Oct 2019 804.3530244651516 0.00 3.98
Nov 2019 807.5955173644876 0.40 4.06
Dec 2019 809.2313862751649 0.20 4.35
Jan 2020 808.4929245110752 -0.09 3.66
Feb 2020 807.3020066827869 -0.15 3.37
Mar 2020 810.6980464923682 0.42 2.31
Apr 2020 813.5325780026762 0.35 2.42
May 2020 816.5523611912395 0.37 2.34
Jun 2020 828.929221896313 1.52 3.85
Jul 2020 851.7624520872025 2.76 6.22
Aug 2020 851.2361806498951 -0.06 5.60
Sep 2020 855.237045739131 0.47 6.33
Oct 2020 845.2280413715565 -1.17 5.08
Nov 2020 857.8338026373008 1.49 6.22
Dec 2020 859.9576770926304 0.25 6.27
Jan 2021 869.4355937002393 1.10 7.54
Feb 2021 886.1813803001801 1.93 9.77
Mar 2021 904.9648876859433 2.12 11.63
Apr 2021 929.1727778313851 2.68 14.22
May 2021 948.8945581220006 2.12 16.21
Jun 2021 0 -100.00 -100.00
Jul 2021 961.6571714171656 Infinity 12.90
Aug 2021 979.759961206941 1.88 15.10
Sep 2021 999.5721496200283 2.02 16.88
Oct 2021 1021.0735473448998 2.15 20.81
Nov 2021 1032.6633771335835 1.14 20.38
Dec 2021 1045.7451708111346 1.27 21.60
Jan 2022 1055.0421289719618 0.89 21.35
Feb 2022 1059.8771367067457 0.46 19.60
Mar 2022 1062.4575255821064 0.24 17.40
Apr 2022 1075.7128376976384 1.25 15.77
May 2022 1070.3550527025777 -0.50 12.80
Jun 2022 1080.4756056852907 0.95 Infinity
Jul 2022 1075.0696907339168 -0.50 11.79
Aug 2022 1095.2300156543292 1.88 11.79
Sep 2022 1111.6107952406508 1.50 11.21
Oct 2022 1134.591430896845 2.07 11.12
Nov 2022 1154.7783367868585 1.78 11.83
Dec 2022 1187.1139164970098 2.80 13.52
Jan 2023 1186.2186925652488 -0.07 12.43
Feb 2023 1183.0560255090975 -0.27 11.62
Mar 2023 1174.9586447240354 -0.68 10.59
Apr 2023 1181.0989974531244 0.52 9.80
May 2023 1184.417746459988 0.28 10.66
Jun 2023 1189.8806679635657 0.46 10.13
Jul 2023 1189.3242816215065 -0.05 10.63
Aug 2023 1188.1502847302504 -0.10 8.48
Sep 2023 1182.998040787352 -0.43 6.42
Oct 2023 1189.9064009138535 0.58 4.88
Nov 2023 1191.2401966863813 0.11 3.16
Dec 2023 1177.9834267811402 -1.11 -0.77
Jan 2024 1184.6956762767313 0.57 -0.13
Feb 2024 1195.9727718862025 0.95 1.09
Mar 2024 1210.0041883370277 1.17 2.98
Apr 2024 1205.022442300904 -0.41 2.03
May 2024 1218.0869669586232 1.08 2.84
Jun 2024 1226.3115074078298 0.68 3.06
Jul 2024 1248.2472677043604 1.79 4.95
Aug 2024 1242.4932916607515 -0.46 4.57
Sep 2024 1248.7128617980288 0.50 5.56
Oct 2024 1242.0636649216467 -0.53 4.38
Nov 2024 1247.254101973161 0.42 4.70
Dec 2024 1239.1505115960995 -0.65 5.19
Jan 2025 1251.580707076659 1.00 5.65
Feb 2025 1255.7401059843066 0.33 5.00
Mar 2025 1260.3872650660253 0.37 4.16
Apr 2025 1270.494724099545 0.80 5.43
May 2025 1271.9850390701743 0.12 4.43
Jun 2025 1273.2085611706532 0.10 3.82
Jul 2025 1270.2888022438756 -0.23 1.77
Aug 2025 1282.9636635601528 1.00 3.26
Sep 2025 1289.6396993074502 0.52 3.28
Oct 2025 1298.9781478623274 0.72 4.58
Nov 2025 1303.4262216425475 0.34 4.50
Dec 2025 1323.33170851262 1.53 6.79
Jan 2026 1324.374458703506 0.08 5.82
Feb 2026 1330.636994949495 0.47 5.96