Zip Code: 38016 (Cordova, 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 38016 Zip Code (Cordova, Tennessee) in February 2026 was $1,613.613. The month over month percentage change (MoM) was 0.16%, and the year over year percentage change (YoY) was 1.11%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 38016 zip code (Cordova, Tennessee). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 38016 zip code (Cordova, 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: 38016 (Cordova, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 38016 (Cordova, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1061.7205975186014 NaN NaN
Feb 2015 1064.4038170309916 0.25 NaN
Mar 2015 1058.6700552812476 -0.54 NaN
Apr 2015 1062.0051038233732 0.32 NaN
May 2015 1060.5562201217263 -0.14 NaN
Jun 2015 1061.5799088808535 0.10 NaN
Jul 2015 1058.1485005674235 -0.32 NaN
Aug 2015 1061.538165039437 0.32 NaN
Sep 2015 1064.5199498341044 0.28 NaN
Oct 2015 1064.100543129893 -0.04 NaN
Nov 2015 1066.6367954210166 0.24 NaN
Dec 2015 1066.742078117098 0.01 NaN
Jan 2016 1070.2615123014068 0.33 0.80
Feb 2016 1072.9156654386622 0.25 0.80
Mar 2016 1077.6170692985393 0.44 1.79
Apr 2016 1082.9255030881052 0.49 1.97
May 2016 1082.7771731860466 -0.01 2.10
Jun 2016 1086.9689519292203 0.39 2.39
Jul 2016 1082.2456833307535 -0.43 2.28
Aug 2016 1082.415723438794 0.02 1.97
Sep 2016 1074.4397442163865 -0.74 0.93
Oct 2016 1075.8267571737351 0.13 1.10
Nov 2016 1075.4070638154508 -0.04 0.82
Dec 2016 1079.7038933440094 0.40 1.22
Jan 2017 1088.2993248746525 0.80 1.69
Feb 2017 1084.4035008682547 -0.36 1.07
Mar 2017 1090.6704282677224 0.58 1.21
Apr 2017 1085.2743542767596 -0.49 0.22
May 2017 1095.5104872454688 0.94 1.18
Jun 2017 1088.000554927223 -0.69 0.10
Jul 2017 1095.8613987803426 0.72 1.26
Aug 2017 1097.2431448358145 0.13 1.37
Sep 2017 1113.6015823051303 1.49 3.65
Oct 2017 1116.399057898687 0.25 3.77
Nov 2017 1114.2201214678219 -0.19 3.61
Dec 2017 1110.6122518368452 -0.32 2.86
Jan 2018 1104.2379478430314 -0.57 1.47
Feb 2018 1111.6744276961247 0.67 2.52
Mar 2018 1112.40965930128 0.07 1.99
Apr 2018 1116.1381098357326 0.34 2.84
May 2018 1115.0330961073305 -0.10 1.78
Jun 2018 1119.4147469104294 0.39 2.89
Jul 2018 1126.6254278540741 0.64 2.81
Aug 2018 1127.4342078479106 0.07 2.75
Sep 2018 1123.355283099731 -0.36 0.88
Oct 2018 1117.60212023947 -0.51 0.11
Nov 2018 1132.6350974437141 1.35 1.65
Dec 2018 1138.9485268614876 0.56 2.55
Jan 2019 1148.4746492576774 0.84 4.01
Feb 2019 1143.2272069696662 -0.46 2.84
Mar 2019 1144.7019285929223 0.13 2.90
Apr 2019 1149.220635351353 0.40 2.96
May 2019 1151.2224468466277 0.17 3.25
Jun 2019 1156.9373826684034 0.50 3.35
Jul 2019 1155.099422660005 -0.16 2.53
Aug 2019 1160.4388228576381 0.46 2.93
Sep 2019 1163.9797860959593 0.31 3.62
Oct 2019 1173.9067539381658 0.85 5.04
Nov 2019 1170.4147464222112 -0.30 3.34
Dec 2019 1173.8145352937463 0.29 3.06
Jan 2020 1175.2980688791977 0.13 2.34
Feb 2020 1184.0713945340792 0.75 3.57
Mar 2020 1195.8752377641272 1.00 4.47
Apr 2020 1202.306949345711 0.54 4.62
May 2020 1202.512192402898 0.02 4.46
Jun 2020 1211.2479794375329 0.73 4.69
Jul 2020 1223.5724151528398 1.02 5.93
Aug 2020 1235.1834041230493 0.95 6.44
Sep 2020 1252.868746947796 1.43 7.64
Oct 2020 1270.0497868979148 1.37 8.19
Nov 2020 1294.18670534453 1.90 10.58
Dec 2020 1305.806079801689 0.90 11.25
Jan 2021 1306.9064701379782 0.08 11.20
Feb 2021 1316.1161589296985 0.71 11.15
Mar 2021 1324.0565274394003 0.60 10.72
Apr 2021 1343.8616389474105 1.50 11.77
May 2021 1360.0795660479307 1.21 13.10
Jun 2021 1376.0405351050683 1.17 13.61
Jul 2021 1389.9790713138111 1.01 13.60
Aug 2021 1413.3140480650168 1.68 14.42
Sep 2021 1428.7026892462668 1.09 14.04
Oct 2021 1439.924379756666 0.79 13.38
Nov 2021 1442.9164520842248 0.21 11.49
Dec 2021 1455.8993507928562 0.90 11.49
Jan 2022 1472.2957754878057 1.13 12.66
Feb 2022 1476.819931128974 0.31 12.21
Mar 2022 1482.077507883453 0.36 11.94
Apr 2022 1473.5702257311757 -0.57 9.65
May 2022 1479.4684710025456 0.40 8.78
Jun 2022 1493.0400407209206 0.92 8.50
Jul 2022 1505.2599048599739 0.82 8.29
Aug 2022 1509.8473131007388 0.31 6.83
Sep 2022 1514.4071246725864 0.30 6.00
Oct 2022 1525.9600509192649 0.76 5.98
Nov 2022 1523.3194654849303 -0.17 5.57
Dec 2022 1507.7505183636258 -1.02 3.56
Jan 2023 1514.7433998604672 0.46 2.88
Feb 2023 1525.1499150865166 0.69 3.27
Mar 2023 1543.3133012903984 1.19 4.13
Apr 2023 1554.8286233606473 0.75 5.51
May 2023 1569.0568319554056 0.92 6.06
Jun 2023 1570.00459479848 0.06 5.16
Jul 2023 1565.3786761040628 -0.29 3.99
Aug 2023 1547.303576321661 -1.15 2.48
Sep 2023 1536.8683345596403 -0.67 1.48
Oct 2023 1527.813871841101 -0.59 0.12
Nov 2023 1546.8294776385487 1.25 1.54
Dec 2023 1574.8005740901876 1.81 4.45
Jan 2024 1572.821139927427 -0.13 3.83
Feb 2024 1567.2718536479356 -0.35 2.76
Mar 2024 1547.2684460925054 -1.28 0.26
Apr 2024 1551.2634220496507 0.26 -0.23
May 2024 1559.6728868998034 0.54 -0.60
Jun 2024 1569.7823226821647 0.65 -0.01
Jul 2024 1583.0047404368236 0.84 1.13
Aug 2024 1588.7830060504007 0.37 2.68
Sep 2024 1586.1417605170682 -0.17 3.21
Oct 2024 1588.2558956661114 0.13 3.96
Nov 2024 1593.7325957381659 0.35 3.03
Dec 2024 1587.7149243631998 -0.38 0.82
Jan 2025 1592.7283178745588 0.32 1.27
Feb 2025 1595.842912730632 0.20 1.82
Mar 2025 1608.592750607334 0.80 3.96
Apr 2025 1608.6397316110833 0.00 3.70
May 2025 1600.989370815495 -0.48 2.65
Jun 2025 1596.7137908408802 -0.27 1.72
Jul 2025 1592.7847282275673 -0.25 0.62
Aug 2025 1601.7733982231484 0.56 0.82
Sep 2025 1613.5192670035585 0.73 1.73
Oct 2025 1619.4968187333175 0.37 1.97
Nov 2025 1612.0012039977462 -0.46 1.15
Dec 2025 1610.9314185574617 -0.07 1.46
Jan 2026 1611.0043929936317 0.01 1.15
Feb 2026 1613.6133472657611 0.16 1.11