Zip Code: 23222 (Richmond, Virginia) - 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 23222 Zip Code (Richmond, Virginia) in February 2026 was $1,604.873. The month over month percentage change (MoM) was 1.12%, and the year over year percentage change (YoY) was 2.51%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 23222 zip code (Richmond, Virginia). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 23222 zip code (Richmond, Virginia).

You can see similar information for other Virginia 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: 23222 (Richmond, Virginia) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 23222 (Richmond, Virginia) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 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 0 NaN NaN
Mar 2021 0 NaN NaN
Apr 2021 0 NaN NaN
May 2021 0 NaN NaN
Jun 2021 0 NaN NaN
Jul 2021 0 NaN NaN
Aug 2021 0 NaN NaN
Sep 2021 0 NaN NaN
Oct 2021 0 NaN NaN
Nov 2021 0 NaN NaN
Dec 2021 0 NaN NaN
Jan 2022 1230.4849914193446 Infinity Infinity
Feb 2022 1237.0827469026203 0.54 Infinity
Mar 2022 1240.3698923299023 0.27 Infinity
Apr 2022 1275.9441034094837 2.87 Infinity
May 2022 1311.636006957897 2.80 Infinity
Jun 2022 1316.7850716591124 0.39 Infinity
Jul 2022 1313.3457144603271 -0.26 Infinity
Aug 2022 1303.640764905513 -0.74 Infinity
Sep 2022 1324.3467614468323 1.59 Infinity
Oct 2022 1326.5833685894493 0.17 Infinity
Nov 2022 1341.1503742731395 1.10 Infinity
Dec 2022 1349.0393737433892 0.59 Infinity
Jan 2023 1368.6133396952107 1.45 11.23
Feb 2023 1376.1006848405905 0.55 11.24
Mar 2023 1384.6419630070748 0.62 11.63
Apr 2023 1393.21595312873 0.62 9.19
May 2023 1405.015909335754 0.85 7.12
Jun 2023 1417.9838960124853 0.92 7.69
Jul 2023 1421.6192025696212 0.26 8.24
Aug 2023 1442.6246967970426 1.48 10.66
Sep 2023 1447.159314221667 0.31 9.27
Oct 2023 1461.4587237586493 0.99 10.17
Nov 2023 1471.9669444768217 0.72 9.75
Dec 2023 1469.4604127830796 -0.17 8.93
Jan 2024 1457.5291819787474 -0.81 6.50
Feb 2024 1449.6104793204895 -0.54 5.34
Mar 2024 1458.11465914488 0.59 5.31
Apr 2024 1457.4803869997018 -0.04 4.61
May 2024 1463.302588700909 0.40 4.15
Jun 2024 1477.555497480886 0.97 4.20
Jul 2024 1496.3815156571736 1.27 5.26
Aug 2024 1516.7990070813296 1.36 5.14
Sep 2024 1519.4526705053358 0.18 5.00
Oct 2024 1521.1652818229259 0.11 4.09
Nov 2024 1545.7999176928636 1.62 5.02
Dec 2024 1572.6436218461713 1.74 7.02
Jan 2025 1567.249252771469 -0.34 7.53
Feb 2025 1565.6575488786434 -0.10 8.01
Mar 2025 1572.8398649191531 0.46 7.87
Apr 2025 1579.6041986210842 0.43 8.38
May 2025 1579.3381257836538 -0.02 7.93
Jun 2025 1576.8682824910486 -0.16 6.72
Jul 2025 1577.8021539542776 0.06 5.44
Aug 2025 1570.1368821855674 -0.49 3.52
Sep 2025 1578.6505326131726 0.54 3.90
Oct 2025 1585.7125433647586 0.45 4.24
Nov 2025 1573.627938006544 -0.76 1.80
Dec 2025 1567.0709735934838 -0.42 -0.35
Jan 2026 1587.0339883691317 1.27 1.26
Feb 2026 1604.873015873016 1.12 2.51