Zip Code: 37209 (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 37209 Zip Code (Nashville, Tennessee) in February 2026 was $1,770.121. The month over month percentage change (MoM) was -0.15%, and the year over year percentage change (YoY) was -1.25%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 37209 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 37209 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: 37209 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 37209 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 1315.2613039047112 Infinity Infinity
Feb 2017 1314.500630594444 -0.06 Infinity
Mar 2017 1335.120873902979 1.57 Infinity
Apr 2017 1367.2594942587616 2.41 Infinity
May 2017 1380.0921885223956 0.94 Infinity
Jun 2017 1391.3764377230455 0.82 Infinity
Jul 2017 1383.0831878911124 -0.60 Infinity
Aug 2017 1384.6049967328456 0.11 Infinity
Sep 2017 1390.4364880284897 0.42 Infinity
Oct 2017 1392.7197348583086 0.16 Infinity
Nov 2017 1387.882841729497 -0.35 Infinity
Dec 2017 1411.615274865746 1.71 Infinity
Jan 2018 1422.7089792080542 0.79 8.17
Feb 2018 1438.677848732809 1.12 9.45
Mar 2018 1394.8923374591918 -3.04 4.48
Apr 2018 1392.7645658014715 -0.15 1.87
May 2018 1384.1477502105495 -0.62 0.29
Jun 2018 1400.3304459095143 1.17 0.64
Jul 2018 1403.4729482942062 0.22 1.47
Aug 2018 1409.440622143396 0.43 1.79
Sep 2018 1419.8223120020252 0.74 2.11
Oct 2018 1442.760901891598 1.62 3.59
Nov 2018 1459.5251601128875 1.16 5.16
Dec 2018 1452.4310213575825 -0.49 2.89
Jan 2019 1437.8220579363515 -1.01 1.06
Feb 2019 1429.546438834674 -0.58 -0.63
Mar 2019 1457.184208045462 1.93 4.47
Apr 2019 1461.1666810795637 0.27 4.91
May 2019 1471.0223964913273 0.68 6.28
Jun 2019 1464.5654830604929 -0.44 4.59
Jul 2019 1479.298418829281 1.01 5.40
Aug 2019 1487.6820894131922 0.57 5.55
Sep 2019 1493.3397663503504 0.38 5.18
Oct 2019 1486.7213398088584 -0.44 3.05
Nov 2019 1486.4524803899305 -0.02 1.85
Dec 2019 1491.8958547549146 0.37 2.72
Jan 2020 1512.1336945729304 1.36 5.17
Feb 2020 1526.4110379825825 0.94 6.78
Mar 2020 1506.4145167853198 -1.31 3.38
Apr 2020 1511.9636752372562 0.37 3.48
May 2020 1505.408432354702 -0.43 2.34
Jun 2020 1507.7256026979294 0.15 2.95
Jul 2020 1496.8591902385667 -0.72 1.19
Aug 2020 1491.0094966536483 -0.39 0.22
Sep 2020 1488.4160604642739 -0.17 -0.33
Oct 2020 1489.2521248598102 0.06 0.17
Nov 2020 1477.8287840654727 -0.77 -0.58
Dec 2020 1481.122123233225 0.22 -0.72
Jan 2021 1494.287758370903 0.89 -1.18
Feb 2021 1520.5206901069253 1.76 -0.39
Mar 2021 1524.8830791288945 0.29 1.23
Apr 2021 1524.3891822480302 -0.03 0.82
May 2021 1549.3020891988747 1.63 2.92
Jun 2021 1581.2344591479925 2.06 4.88
Jul 2021 1619.7358962420628 2.44 8.21
Aug 2021 1647.0203277656692 1.68 10.46
Sep 2021 1681.9566965984923 2.12 13.00
Oct 2021 1715.5701338272384 2.00 15.20
Nov 2021 1746.4330241775644 1.80 18.18
Dec 2021 1751.4200323511673 0.29 18.25
Jan 2022 1752.8625316315622 0.08 17.30
Feb 2022 1753.5648377792345 0.04 15.33
Mar 2022 1758.4524305088169 0.28 15.32
Apr 2022 1775.5449508329586 0.97 16.48
May 2022 1785.624057523093 0.57 15.25
Jun 2022 1807.7383920272293 1.24 14.33
Jul 2022 1807.8319186841125 0.01 11.61
Aug 2022 1818.5505418821056 0.59 10.42
Sep 2022 1817.360917083977 -0.06 8.05
Oct 2022 1821.4592152126388 0.23 6.17
Nov 2022 1812.9483972796193 -0.47 3.81
Dec 2022 1817.9375341842401 0.28 3.80
Jan 2023 1825.4079183934994 0.41 4.14
Feb 2023 1835.5474680500647 0.56 4.68
Mar 2023 1848.1562050123177 0.69 5.10
Apr 2023 1851.5356534295859 0.18 4.28
May 2023 1848.7212495240897 -0.15 3.53
Jun 2023 1826.172473969709 -1.22 1.02
Jul 2023 1811.7041320478431 -0.79 0.21
Aug 2023 1796.407161904912 -0.84 -1.22
Sep 2023 1796.9510988955592 0.03 -1.12
Oct 2023 1789.73468246275 -0.40 -1.74
Nov 2023 1796.318542689157 0.37 -0.92
Dec 2023 1790.552773812941 -0.32 -1.51
Jan 2024 1795.1139980617804 0.26 -1.66
Feb 2024 1801.0882899345067 0.33 -1.88
Mar 2024 1809.5857273222996 0.47 -2.09
Apr 2024 1809.7300436202574 0.01 -2.26
May 2024 1800.889911487202 -0.49 -2.59
Jun 2024 1801.9251119821106 0.06 -1.33
Jul 2024 1797.9637632157098 -0.22 -0.76
Aug 2024 1799.7071558322198 0.10 0.18
Sep 2024 1790.107375208153 -0.53 -0.38
Oct 2024 1796.5052435095586 0.36 0.38
Nov 2024 1799.4336689050174 0.16 0.17
Dec 2024 1815.436913952943 0.89 1.39
Jan 2025 1800.6536888749313 -0.81 0.31
Feb 2025 1792.5274005769702 -0.45 -0.47
Mar 2025 1780.6288344522175 -0.66 -1.60
Apr 2025 1776.5549966246774 -0.23 -1.83
May 2025 1781.849754881424 0.30 -1.06
Jun 2025 1785.7934154445509 0.22 -0.89
Jul 2025 1793.0616724414338 0.41 -0.27
Aug 2025 1794.2443490230096 0.07 -0.30
Sep 2025 1797.988076092024 0.21 0.44
Oct 2025 1791.8415373506627 -0.34 -0.26
Nov 2025 1783.7134719816206 -0.45 -0.87
Dec 2025 1769.5007215252015 -0.80 -2.53
Jan 2026 1772.7719933726182 0.19 -1.55
Feb 2026 1770.1205303629206 -0.15 -1.25