Zip Code: 37206 (Nashville, Tennessee) - 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 37206 Zip Code (Nashville, Tennessee) in February 2026 was $1,969.166. The month over month percentage change (MoM) was 0.00%, and the year over year percentage change (YoY) was 1.81%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 37206 zip code (Nashville, Tennessee). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 37206 zip code (Nashville, Tennessee).

You can see similar information for other Tennessee 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: 37206 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 37206 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 1310.8767526866407 Infinity Infinity
Apr 2017 1301.0283093994833 -0.75 Infinity
May 2017 1306.724005709811 0.44 Infinity
Jun 2017 1330.323089129732 1.81 Infinity
Jul 2017 1335.0586516646008 0.36 Infinity
Aug 2017 1339.9129283138877 0.36 Infinity
Sep 2017 1358.9329459201351 1.42 Infinity
Oct 2017 1346.914356511998 -0.88 Infinity
Nov 2017 1330.0958460765116 -1.25 Infinity
Dec 2017 1319.4100267660094 -0.80 Infinity
Jan 2018 1331.2461077146238 0.90 Infinity
Feb 2018 1350.029949211023 1.41 Infinity
Mar 2018 1350.7540007749415 0.05 3.04
Apr 2018 1352.7144487967628 0.14 3.97
May 2018 1339.091853581269 -1.01 2.48
Jun 2018 1343.2480372412806 0.31 0.97
Jul 2018 1338.9009720200888 -0.32 0.29
Aug 2018 1354.2056013942426 1.14 1.07
Sep 2018 1366.889946248401 0.94 0.59
Oct 2018 1396.3644297297062 2.16 3.67
Nov 2018 1406.6776014273623 0.74 5.76
Dec 2018 1411.8340393302765 0.37 7.01
Jan 2019 1402.9043481795222 -0.63 5.38
Feb 2019 1389.5775556063827 -0.95 2.93
Mar 2019 1401.4503933549734 0.85 3.75
Apr 2019 1411.1694524209622 0.69 4.32
May 2019 1430.8660189236177 1.40 6.85
Jun 2019 1428.9156927121207 -0.14 6.38
Jul 2019 1439.4384477290787 0.74 7.51
Aug 2019 1433.914565484245 -0.38 5.89
Sep 2019 1423.9159242751011 -0.70 4.17
Oct 2019 1411.5730737716922 -0.87 1.09
Nov 2019 1417.6078348601436 0.43 0.78
Dec 2019 1419.654666240967 0.14 0.55
Jan 2020 1418.017476943146 -0.11 1.08
Feb 2020 1415.042611438883 -0.21 1.83
Mar 2020 1458.4662683458973 3.07 4.07
Apr 2020 1471.1897166204888 0.87 4.25
May 2020 1472.6232684974693 0.10 2.92
Jun 2020 1463.2980326511183 -0.63 2.41
Jul 2020 1456.3731643892822 -0.47 1.18
Aug 2020 1462.6334831376028 0.43 2.00
Sep 2020 1464.9901261179505 0.16 2.89
Oct 2020 1485.4047194321877 1.39 5.23
Nov 2020 1464.322372612163 -1.42 3.30
Dec 2020 1465.0740315449045 0.05 3.20
Jan 2021 1467.539746378325 0.17 3.49
Feb 2021 1494.2269852731183 1.82 5.60
Mar 2021 1512.3712291302506 1.21 3.70
Apr 2021 1522.2460017935964 0.65 3.47
May 2021 1541.4690437407223 1.26 4.68
Jun 2021 1564.8933383175822 1.52 6.94
Jul 2021 1613.1416518108065 3.08 10.76
Aug 2021 1642.4797410176466 1.82 12.30
Sep 2021 1672.6781881755817 1.84 14.18
Oct 2021 1665.0902670600842 -0.45 12.10
Nov 2021 1690.195618494731 1.51 15.43
Dec 2021 1699.9794251576322 0.58 16.03
Jan 2022 1725.18808202104 1.48 17.56
Feb 2022 1742.9442208971839 1.03 16.65
Mar 2022 1755.0230210196398 0.69 16.04
Apr 2022 1765.760564901508 0.61 16.00
May 2022 1781.3460403160743 0.88 15.56
Jun 2022 1811.6343728287347 1.70 15.77
Jul 2022 1818.7160367614667 0.39 12.74
Aug 2022 1819.8525434935375 0.06 10.80
Sep 2022 1830.702964083322 0.60 9.45
Oct 2022 1835.6739619075006 0.27 10.25
Nov 2022 1858.8773173243826 1.26 9.98
Dec 2022 1855.7910467730549 -0.17 9.17
Jan 2023 1870.0478338607625 0.77 8.40
Feb 2023 1860.5882578788915 -0.51 6.75
Mar 2023 1871.2233175189456 0.57 6.62
Apr 2023 1880.9028726271472 0.52 6.52
May 2023 1882.791486911679 0.10 5.70
Jun 2023 1864.1380969463833 -0.99 2.90
Jul 2023 1847.1548475216782 -0.91 1.56
Aug 2023 1844.409308545924 -0.15 1.35
Sep 2023 1851.7246273812577 0.40 1.15
Oct 2023 1874.5885020229466 1.24 2.12
Nov 2023 1868.5471465491971 -0.32 0.52
Dec 2023 1879.3900823497165 0.58 1.27
Jan 2024 1873.4505378539939 -0.32 0.18
Feb 2024 1881.2723192731828 0.42 1.11
Mar 2024 1873.5413393506326 -0.41 0.12
Apr 2024 1872.5930227137267 -0.05 -0.44
May 2024 1879.0760824258564 0.35 -0.20
Jun 2024 1880.6114012140208 0.08 0.88
Jul 2024 1891.1492805515777 0.56 2.38
Aug 2024 1908.286071472294 0.91 3.46
Sep 2024 1911.9376675439275 0.19 3.25
Oct 2024 1918.9573981384058 0.37 2.37
Nov 2024 1919.0072672838937 0.00 2.70
Dec 2024 1926.413485368982 0.39 2.50
Jan 2025 1928.6272765008314 0.12 2.95
Feb 2025 1934.086956096667 0.28 2.81
Mar 2025 1945.2853102762424 0.58 3.83
Apr 2025 1951.512647603503 0.32 4.21
May 2025 1953.6131400445859 0.11 3.97
Jun 2025 1965.519115929798 0.61 4.51
Jul 2025 1973.1121054306575 0.39 4.33
Aug 2025 1969.9319041122174 -0.16 3.23
Sep 2025 1969.8049762364396 -0.01 3.03
Oct 2025 1961.306992162382 -0.43 2.21
Nov 2025 1967.0151321668563 0.29 2.50
Dec 2025 1964.1800734234432 -0.14 1.96
Jan 2026 1969.0843139884873 0.25 2.10
Feb 2026 1969.1664705882351 0.00 1.81