Zip Code: 37211 (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 37211 Zip Code (Nashville, Tennessee) in February 2026 was $1,397.936. The month over month percentage change (MoM) was -0.66%, and the year over year percentage change (YoY) was -0.63%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 37211 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 37211 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: 37211 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 37211 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 911.0384451415428 NaN NaN
Feb 2015 908.3651516312061 -0.29 NaN
Mar 2015 909.0253687172228 0.07 NaN
Apr 2015 909.1176950738896 0.01 NaN
May 2015 910.1362059040898 0.11 NaN
Jun 2015 916.0399448209715 0.65 NaN
Jul 2015 918.8901863151232 0.31 NaN
Aug 2015 936.8694650989984 1.96 NaN
Sep 2015 942.1708595340847 0.57 NaN
Oct 2015 951.7759703863851 1.02 NaN
Nov 2015 946.16182954315 -0.59 NaN
Dec 2015 942.4623883668327 -0.39 NaN
Jan 2016 943.6295953399972 0.12 3.58
Feb 2016 955.3408681960952 1.24 5.17
Mar 2016 982.4091753041217 2.83 8.07
Apr 2016 980.8209568498935 -0.16 7.89
May 2016 983.5169666793006 0.28 8.06
Jun 2016 972.2144346187569 -1.15 6.13
Jul 2016 983.365811399046 1.15 7.02
Aug 2016 985.9092712925021 0.26 5.23
Sep 2016 994.9574007508968 0.92 5.60
Oct 2016 994.4446576541343 -0.05 4.48
Nov 2016 998.3622817225728 0.39 5.52
Dec 2016 991.6629208727985 -0.67 5.22
Jan 2017 994.1959229400711 0.26 5.36
Feb 2017 996.1663930603584 0.20 4.27
Mar 2017 1000.4310252266944 0.43 1.83
Apr 2017 1006.288870902292 0.59 2.60
May 2017 1013.8656001254315 0.75 3.09
Jun 2017 1019.1863166631837 0.53 4.83
Jul 2017 1027.3392162376265 0.80 4.47
Aug 2017 1028.0255290284726 0.07 4.27
Sep 2017 1032.7416281039812 0.46 3.80
Oct 2017 1033.9013468721892 0.11 3.97
Nov 2017 1040.5630442358568 0.64 4.23
Dec 2017 1055.645649186361 1.45 6.45
Jan 2018 1052.820541969358 -0.27 5.90
Feb 2018 1051.5809193176578 -0.12 5.56
Mar 2018 1040.0745395437634 -1.09 3.96
Apr 2018 1044.7294904620364 0.45 3.82
May 2018 1043.5240536674953 -0.11 2.93
Jun 2018 1051.1895681021958 0.74 3.14
Jul 2018 1044.141983222219 -0.67 1.64
Aug 2018 1048.5399320467666 0.42 2.00
Sep 2018 1046.13651472015 -0.23 1.30
Oct 2018 1056.631291953722 1.00 2.20
Nov 2018 1059.517545480389 0.27 1.82
Dec 2018 1057.708551658632 -0.17 0.20
Jan 2019 1061.118872321692 0.32 0.79
Feb 2019 1062.5215778927682 0.13 1.04
Mar 2019 1070.6812990967426 0.77 2.94
Apr 2019 1071.8190388862463 0.11 2.59
May 2019 1075.953190443001 0.39 3.11
Jun 2019 1077.3150935115582 0.13 2.49
Jul 2019 1084.2444449826853 0.64 3.84
Aug 2019 1087.65463001415 0.32 3.73
Sep 2019 1093.7734756318766 0.56 4.55
Oct 2019 1093.7355979297988 0.00 3.51
Nov 2019 1096.9310353651952 0.29 3.53
Dec 2019 1102.12120395153 0.47 4.20
Jan 2020 1110.3894043021817 0.75 4.64
Feb 2020 1119.5068301944073 0.82 5.36
Mar 2020 1118.173554009294 -0.12 4.44
Apr 2020 1110.749062510256 -0.66 3.63
May 2020 1104.0959089244773 -0.60 2.62
Jun 2020 1097.4800397707343 -0.60 1.87
Jul 2020 1105.874865733746 0.77 2.00
Aug 2020 1109.7252408142704 0.35 2.03
Sep 2020 1110.017203867792 0.03 1.49
Oct 2020 1117.6443801085866 0.69 2.19
Nov 2020 1118.5293176301254 0.08 1.97
Dec 2020 1128.3856094761506 0.88 2.38
Jan 2021 1126.463269232689 -0.17 1.45
Feb 2021 1132.3011703679692 0.52 1.14
Mar 2021 1138.4006835752368 0.54 1.81
Apr 2021 1149.015486969064 0.93 3.45
May 2021 1166.7053172854983 1.54 5.67
Jun 2021 1184.6195105559816 1.54 7.94
Jul 2021 1205.8073831452464 1.79 9.04
Aug 2021 1235.992930882245 2.50 11.38
Sep 2021 1272.0305346181492 2.92 14.60
Oct 2021 1309.0451837076946 2.91 17.13
Nov 2021 1338.8183413865324 2.27 19.70
Dec 2021 1351.277163658792 0.93 19.75
Jan 2022 1365.8395509045763 1.08 21.25
Feb 2022 1385.1608395078395 1.42 22.33
Mar 2022 1402.4572524069479 1.25 23.20
Apr 2022 1420.384265596871 1.28 23.62
May 2022 1427.1497353525428 0.48 22.32
Jun 2022 1446.495161483665 1.36 22.11
Jul 2022 1451.1933434907135 0.33 20.35
Aug 2022 1453.9564312499979 0.19 17.64
Sep 2022 1444.1334904466553 -0.68 13.53
Oct 2022 1430.703230504813 -0.93 9.29
Nov 2022 1424.7615010612242 -0.41 6.42
Dec 2022 1430.7361318131714 0.42 5.88
Jan 2023 1432.8795221073053 0.15 4.91
Feb 2023 1427.7976779369478 -0.35 3.08
Mar 2023 1425.7959614910992 -0.14 1.66
Apr 2023 1427.3129269943518 0.11 0.49
May 2023 1431.590301699632 0.30 0.31
Jun 2023 1422.0131823079605 -0.67 -1.69
Jul 2023 1417.3152679069192 -0.33 -2.33
Aug 2023 1414.726759949226 -0.18 -2.70
Sep 2023 1419.0315147485567 0.30 -1.74
Oct 2023 1422.9841479355664 0.28 -0.54
Nov 2023 1417.6970287946006 -0.37 -0.50
Dec 2023 1412.6416523576124 -0.36 -1.26
Jan 2024 1421.5737571696027 0.63 -0.79
Feb 2024 1424.2785848046742 0.19 -0.25
Mar 2024 1422.4321485890648 -0.13 -0.24
Apr 2024 1410.589410951353 -0.83 -1.17
May 2024 1413.4520878259952 0.20 -1.27
Jun 2024 1428.2132341513447 1.04 0.44
Jul 2024 1424.6713926551095 -0.25 0.52
Aug 2024 1419.2558938384293 -0.38 0.32
Sep 2024 1407.0518207204282 -0.86 -0.84
Oct 2024 1403.1063898543077 -0.28 -1.40
Nov 2024 1400.1480035860075 -0.21 -1.24
Dec 2024 1404.6213758837844 0.32 -0.57
Jan 2025 1398.969725098634 -0.40 -1.59
Feb 2025 1406.7760707834177 0.56 -1.23
Mar 2025 1407.137465955601 0.03 -1.07
Apr 2025 1412.6597614922052 0.39 0.15
May 2025 1407.4184124606754 -0.37 -0.43
Jun 2025 1396.8902999191057 -0.75 -2.19
Jul 2025 1400.058886247953 0.23 -1.73
Aug 2025 1403.3988895514328 0.24 -1.12
Sep 2025 1410.3352395822951 0.49 0.23
Oct 2025 1411.6790632023738 0.10 0.61
Nov 2025 1414.920573845785 0.23 1.06
Dec 2025 1410.3841491095732 -0.32 0.41
Jan 2026 1407.285244566136 -0.22 0.59
Feb 2026 1397.9357298474945 -0.66 -0.63