Zip Code: 37217 (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 37217 Zip Code (Nashville, Tennessee) in February 2026 was $1,362.358. The month over month percentage change (MoM) was -0.20%, and the year over year percentage change (YoY) was -1.88%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 37217 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 37217 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: 37217 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 37217 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) 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 1113.931185784277 Infinity Infinity
Jan 2021 1125.6171873405035 1.05 Infinity
Feb 2021 1113.3212341904757 -1.09 Infinity
Mar 2021 1117.584542001009 0.38 Infinity
Apr 2021 1131.7100105710265 1.26 Infinity
May 2021 1157.895299333092 2.31 Infinity
Jun 2021 1179.0918883084605 1.83 Infinity
Jul 2021 1204.5989361857064 2.16 Infinity
Aug 2021 1230.7778217721273 2.17 Infinity
Sep 2021 1275.6008275141269 3.64 Infinity
Oct 2021 1317.0972753418837 3.25 Infinity
Nov 2021 1338.9028561485538 1.66 Infinity
Dec 2021 1353.1261516249863 1.06 21.47
Jan 2022 1354.4393373168648 0.10 20.33
Feb 2022 1370.1904155259401 1.16 23.07
Mar 2022 1370.6348621040427 0.03 22.64
Apr 2022 1380.1036155484512 0.69 21.95
May 2022 1390.2906019675502 0.74 20.07
Jun 2022 1403.0895301969947 0.92 19.00
Jul 2022 1422.6922207458947 1.40 18.11
Aug 2022 1435.1578528170376 0.88 16.61
Sep 2022 1437.9680810325378 0.20 12.73
Oct 2022 1425.4966519506872 -0.87 8.23
Nov 2022 1405.2740964539455 -1.42 4.96
Dec 2022 1394.402103915283 -0.77 3.05
Jan 2023 1394.5394063303959 0.01 2.96
Feb 2023 1408.16227751369 0.98 2.77
Mar 2023 1418.4346710276284 0.73 3.49
Apr 2023 1424.1088439363723 0.40 3.19
May 2023 1426.715616275555 0.18 2.62
Jun 2023 1428.1600866488309 0.10 1.79
Jul 2023 1414.51378708813 -0.96 -0.57
Aug 2023 1399.773254245746 -1.04 -2.47
Sep 2023 1393.4372697355225 -0.45 -3.10
Oct 2023 1394.478949728021 0.08 -2.18
Nov 2023 1418.010156961664 1.69 0.91
Dec 2023 1434.522320618892 1.16 2.88
Jan 2024 1455.2266480117048 1.44 4.35
Feb 2024 1454.970856861076 -0.02 3.32
Mar 2024 1448.8890581156338 -0.42 2.15
Apr 2024 1435.1795850237527 -0.95 0.78
May 2024 1427.3652837766128 -0.54 0.05
Jun 2024 1426.3477556721903 -0.07 -0.13
Jul 2024 1426.30533221349 0.00 0.83
Aug 2024 1418.3013093337365 -0.56 1.32
Sep 2024 1418.4100243603416 0.01 1.79
Oct 2024 1417.1063585688516 -0.09 1.62
Nov 2024 1425.6472348711566 0.60 0.54
Dec 2024 1412.7831796966746 -0.90 -1.51
Jan 2025 1396.2997986929536 -1.17 -4.05
Feb 2025 1388.4001576385415 -0.57 -4.57
Mar 2025 1388.347111620594 0.00 -4.18
Apr 2025 1393.0707576549255 0.34 -2.93
May 2025 1393.7783690367385 0.05 -2.35
Jun 2025 1389.0870031821253 -0.34 -2.61
Jul 2025 1388.2991988863898 -0.06 -2.66
Aug 2025 1394.4664878628805 0.44 -1.68
Sep 2025 1391.3595863771802 -0.22 -1.91
Oct 2025 1388.3676668717196 -0.21 -2.03
Nov 2025 1369.4415222944804 -1.36 -3.94
Dec 2025 1367.817428167714 -0.12 -3.18
Jan 2026 1365.1520243737184 -0.19 -2.23
Feb 2026 1362.3575550187868 -0.20 -1.88