Zip Code: 37212 (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 37212 Zip Code (Nashville, Tennessee) in February 2026 was $1,998.49. The month over month percentage change (MoM) was -1.59%, and the year over year percentage change (YoY) was -0.19%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 37212 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 37212 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: 37212 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 37212 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 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 1484.787721096998 Infinity Infinity
Dec 2018 1500.5982898095888 1.07 Infinity
Jan 2019 1507.7420725091195 0.48 Infinity
Feb 2019 1534.2996316595534 1.76 Infinity
Mar 2019 1540.6836699104106 0.42 Infinity
Apr 2019 1539.6647031163175 -0.07 Infinity
May 2019 1540.3663854645702 0.05 Infinity
Jun 2019 1534.8771621579278 -0.36 Infinity
Jul 2019 1541.8707032665363 0.46 Infinity
Aug 2019 1547.9265368518609 0.39 Infinity
Sep 2019 1563.7595261441845 1.02 Infinity
Oct 2019 1579.1389221853892 0.98 Infinity
Nov 2019 1587.92106923503 0.56 6.95
Dec 2019 1596.244367857908 0.52 6.37
Jan 2020 1603.863846200175 0.48 6.38
Feb 2020 1611.1185671002597 0.45 5.01
Mar 2020 1604.3460894721982 -0.42 4.13
Apr 2020 1595.9168066224813 -0.52 3.65
May 2020 1599.05818339333 0.20 3.81
Jun 2020 1587.5739348366308 -0.72 3.43
Jul 2020 1606.5842657735873 1.20 4.20
Aug 2020 1611.2129155489993 0.29 4.09
Sep 2020 1607.9222497704047 -0.20 2.82
Oct 2020 1577.616607258298 -1.88 -0.10
Nov 2020 1574.460004166995 -0.20 -0.85
Dec 2020 1590.9048615479928 1.04 -0.33
Jan 2021 1617.8282351112753 1.69 0.87
Feb 2021 1652.9748768113577 2.17 2.60
Mar 2021 1651.015806101979 -0.12 2.91
Apr 2021 1663.2085834004317 0.74 4.22
May 2021 1653.1231877052421 -0.61 3.38
Jun 2021 1666.8995952668918 0.83 5.00
Jul 2021 1680.6713847401352 0.83 4.61
Aug 2021 1717.14139408665 2.17 6.57
Sep 2021 1746.3857461014527 1.70 8.61
Oct 2021 1805.7162962232019 3.40 14.46
Nov 2021 1843.4495443036765 2.09 17.09
Dec 2021 1856.5402079638004 0.71 16.70
Jan 2022 1850.150680157278 -0.34 14.36
Feb 2022 1820.3713240549498 -1.61 10.13
Mar 2022 1823.7700590628738 0.19 10.46
Apr 2022 1830.1767067570395 0.35 10.04
May 2022 1857.899212495869 1.52 12.39
Jun 2022 1880.6103177170169 1.22 12.82
Jul 2022 1888.8341408214953 0.44 12.39
Aug 2022 1881.8377649718184 -0.37 9.59
Sep 2022 1873.9039080893804 -0.42 7.30
Oct 2022 1863.891267020876 -0.53 3.22
Nov 2022 1898.1776703815679 1.84 2.97
Dec 2022 1928.8961413680508 1.62 3.90
Jan 2023 1953.2125436781444 1.26 5.57
Feb 2023 1936.3245801694218 -0.86 6.37
Mar 2023 1936.3652058758694 0.00 6.17
Apr 2023 1942.7474997650656 0.33 6.15
May 2023 1957.0219997650079 0.74 5.34
Jun 2023 1958.0956242856575 0.06 4.12
Jul 2023 1952.8579580762537 -0.27 3.39
Aug 2023 1952.910570607263 0.00 3.78
Sep 2023 1968.0757264328693 0.78 5.03
Oct 2023 1970.7071448216739 0.13 5.73
Nov 2023 1944.642391091705 -1.32 2.45
Dec 2023 1908.4416994929927 -1.86 -1.06
Jan 2024 1887.2160332466624 -1.11 -3.38
Feb 2024 1917.8898450205565 1.63 -0.95
Mar 2024 1940.0283442308169 1.15 0.19
Apr 2024 1954.4001185938027 0.74 0.60
May 2024 1943.5378850111704 -0.56 -0.69
Jun 2024 1941.6515990277485 -0.10 -0.84
Jul 2024 1945.698959431358 0.21 -0.37
Aug 2024 1957.8570729175851 0.63 0.25
Sep 2024 1955.0781583183225 -0.14 -0.66
Oct 2024 1940.9402946630235 -0.72 -1.51
Nov 2024 1929.8321784968693 -0.57 -0.76
Dec 2024 1937.4414420523917 0.39 1.52
Jan 2025 1974.0744000551226 1.89 4.60
Feb 2025 2002.2826975683463 1.43 4.40
Mar 2025 1996.071130192666 -0.31 2.89
Apr 2025 1991.271317303247 -0.24 1.89
May 2025 1997.5345368632795 0.32 2.78
Jun 2025 2002.7723271704251 0.26 3.15
Jul 2025 2008.7871323965612 0.30 3.24
Aug 2025 2007.6218904176492 -0.06 2.54
Sep 2025 2010.2664557482874 0.13 2.82
Oct 2025 2026.0006591685765 0.78 4.38
Nov 2025 2043.748375170844 0.88 5.90
Dec 2025 2052.099410653218 0.41 5.92
Jan 2026 2030.872191290886 -1.03 2.88
Feb 2026 1998.489898989899 -1.59 -0.19