Zip Code: 40203 (Louisville, Kentucky) - 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 40203 Zip Code (Louisville, Kentucky) in February 2026 was $1,025.421. The month over month percentage change (MoM) was -0.71%, and the year over year percentage change (YoY) was 4.19%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 40203 zip code (Louisville, Kentucky). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 40203 zip code (Louisville, Kentucky).

You can see similar information for other Kentucky 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: 40203 (Louisville, Kentucky) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 40203 (Louisville, Kentucky) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 568.324081027585 Infinity Infinity
Jul 2016 574.1589398211321 1.03 Infinity
Aug 2016 576.0921026410313 0.34 Infinity
Sep 2016 572.8952910446509 -0.56 Infinity
Oct 2016 579.8861148711075 1.22 Infinity
Nov 2016 578.0767980896367 -0.31 Infinity
Dec 2016 582.4636061050775 0.76 Infinity
Jan 2017 573.8558095808817 -1.48 Infinity
Feb 2017 584.4035109225152 1.84 Infinity
Mar 2017 589.4268014559468 0.86 Infinity
Apr 2017 587.5337529106547 -0.32 Infinity
May 2017 579.0265123772238 -1.45 Infinity
Jun 2017 584.1582702432722 0.89 2.79
Jul 2017 598.3955041434576 2.44 4.22
Aug 2017 609.217060564925 1.81 5.75
Sep 2017 628.077091467464 3.10 9.63
Oct 2017 625.8617228364724 -0.35 7.93
Nov 2017 634.4460312349718 1.37 9.75
Dec 2017 629.1789906439441 -0.83 8.02
Jan 2018 644.2864423991679 2.40 12.27
Feb 2018 641.4756892150829 -0.44 9.77
Mar 2018 634.383759584882 -1.11 7.63
Apr 2018 637.0353792293243 0.42 8.43
May 2018 635.170279690298 -0.29 9.70
Jun 2018 632.4405629419274 -0.43 8.27
Jul 2018 626.2620860893469 -0.98 4.66
Aug 2018 626.4004987923375 0.02 2.82
Sep 2018 634.9114757805164 1.36 1.09
Oct 2018 638.7761473523468 0.61 2.06
Nov 2018 647.0121682208073 1.29 1.98
Dec 2018 636.3540940865363 -1.65 1.14
Jan 2019 651.7930586421081 2.43 1.17
Feb 2019 652.4919682302644 0.11 1.72
Mar 2019 660.2838906704915 1.19 4.08
Apr 2019 665.414730663653 0.78 4.46
May 2019 675.3850747692038 1.50 6.33
Jun 2019 683.1197989031724 1.15 8.01
Jul 2019 686.0636461696498 0.43 9.55
Aug 2019 686.757838606427 0.10 9.64
Sep 2019 677.1715152126507 -1.40 6.66
Oct 2019 680.4532341352585 0.49 6.53
Nov 2019 676.5450079972326 -0.57 4.56
Dec 2019 692.420645778759 2.35 8.81
Jan 2020 679.5978425127353 -1.85 4.27
Feb 2020 683.2559656460155 0.54 4.72
Mar 2020 686.4114905894262 0.46 3.96
Apr 2020 695.6488165869159 1.35 4.54
May 2020 698.6439199829344 0.43 3.44
Jun 2020 693.1557818137418 -0.79 1.47
Jul 2020 700.0921255967118 1.00 2.05
Aug 2020 704.4447672648373 0.62 2.58
Sep 2020 707.857230639282 0.48 4.53
Oct 2020 710.7228826702877 0.41 4.45
Nov 2020 711.6799336711979 0.14 5.19
Dec 2020 716.6759244165074 0.70 3.50
Jan 2021 725.838083321331 1.28 6.80
Feb 2021 738.4104909656832 1.73 8.07
Mar 2021 731.3725089316353 -0.95 6.55
Apr 2021 725.9756273525793 -0.74 4.36
May 2021 723.6789049182377 -0.32 3.58
Jun 2021 731.2377301691055 1.04 5.49
Jul 2021 732.6296660034346 0.19 4.65
Aug 2021 733.6667841145434 0.14 4.15
Sep 2021 750.4311844591368 2.29 6.01
Oct 2021 762.1600711343084 1.56 7.24
Nov 2021 767.7169492374031 0.73 7.87
Dec 2021 768.413591805228 0.09 7.22
Jan 2022 770.1262751164497 0.22 6.10
Feb 2022 773.7230586598592 0.47 4.78
Mar 2022 786.4810005584235 1.65 7.54
Apr 2022 794.1982313693001 0.98 9.40
May 2022 798.7654869711216 0.57 10.38
Jun 2022 797.1341733702491 -0.20 9.01
Jul 2022 807.5170722158176 1.30 10.22
Aug 2022 825.909664813173 2.28 12.57
Sep 2022 832.732082109769 0.83 10.97
Oct 2022 832.6450724807615 -0.01 9.25
Nov 2022 844.5277677034923 1.43 10.01
Dec 2022 844.6253223164753 0.01 9.92
Jan 2023 846.5199530692805 0.22 9.92
Feb 2023 847.4668201442053 0.11 9.53
Mar 2023 852.9642464734563 0.65 8.45
Apr 2023 877.1032763516617 2.83 10.44
May 2023 879.2535292754092 0.25 10.08
Jun 2023 886.9781990418996 0.88 11.27
Jul 2023 893.9721094708559 0.79 10.71
Aug 2023 902.6985759101055 0.98 9.30
Sep 2023 902.0804099439148 -0.07 8.33
Oct 2023 895.6974814756123 -0.71 7.57
Nov 2023 893.6386904355406 -0.23 5.82
Dec 2023 912.5609810885219 2.12 8.04
Jan 2024 932.5821273956914 2.19 10.17
Feb 2024 946.4128699104261 1.48 11.68
Mar 2024 942.1101511725607 -0.45 10.45
Apr 2024 926.7873145910557 -1.63 5.67
May 2024 941.1861680284824 1.55 7.04
Jun 2024 951.4496045732074 1.09 7.27
Jul 2024 974.830906779097 2.46 9.05
Aug 2024 965.2286815951034 -0.98 6.93
Sep 2024 966.3061430016271 0.11 7.12
Oct 2024 970.9244474789876 0.48 8.40
Nov 2024 972.82078429047 0.20 8.86
Dec 2024 973.42869522769 0.06 6.67
Jan 2025 972.3749781786855 -0.11 4.27
Feb 2025 984.2172018850133 1.22 3.99
Mar 2025 995.426233776751 1.14 5.66
Apr 2025 1006.4756371769483 1.11 8.60
May 2025 1005.9643970891993 -0.05 6.88
Jun 2025 1006.7250515590157 0.08 5.81
Jul 2025 994.7444156138612 -1.19 2.04
Aug 2025 1005.4581321758799 1.08 4.17
Sep 2025 1014.6571435885282 0.92 5.00
Oct 2025 1025.3668790783274 1.06 5.61
Nov 2025 1033.0367715000984 0.75 6.19
Dec 2025 1032.9078975580362 -0.01 6.11
Jan 2026 1032.8101305780247 -0.01 6.22
Feb 2026 1025.4212962962963 -0.71 4.19