Zip Code: 40204 (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 40204 Zip Code (Louisville, Kentucky) in February 2026 was $1,325.501. The month over month percentage change (MoM) was 1.17%, and the year over year percentage change (YoY) was 6.70%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 40204 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 40204 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: 40204 (Louisville, Kentucky) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 40204 (Louisville, Kentucky) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 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 758.3602377192697 Infinity Infinity
Mar 2017 759.8170914941566 0.19 Infinity
Apr 2017 800.1583896224834 5.31 Infinity
May 2017 808.5633546061355 1.05 Infinity
Jun 2017 812.7093993533723 0.51 Infinity
Jul 2017 817.6636802727733 0.61 Infinity
Aug 2017 816.6070717992152 -0.13 Infinity
Sep 2017 811.5834721817104 -0.61 Infinity
Oct 2017 807.424069735436 -0.51 Infinity
Nov 2017 806.0630600964041 -0.17 Infinity
Dec 2017 801.6150925646834 -0.55 Infinity
Jan 2018 817.659419682058 2.00 Infinity
Feb 2018 836.7760381205766 2.34 10.34
Mar 2018 852.5391655247855 1.88 12.20
Apr 2018 850.1169020847585 -0.28 6.24
May 2018 847.1908087004516 -0.34 4.78
Jun 2018 856.4785302784925 1.10 5.39
Jul 2018 848.8460300435349 -0.89 3.81
Aug 2018 850.7103607236097 0.22 4.18
Sep 2018 849.7893316927989 -0.11 4.71
Oct 2018 858.3394891412737 1.01 6.31
Nov 2018 863.7639898066207 0.63 7.16
Dec 2018 868.1768160523044 0.51 8.30
Jan 2019 874.6218475811161 0.74 6.97
Feb 2019 880.6367828822952 0.69 5.24
Mar 2019 875.4911840042722 -0.58 2.69
Apr 2019 867.7281814597967 -0.89 2.07
May 2019 874.9052464048061 0.83 3.27
Jun 2019 878.7008167458168 0.43 2.60
Jul 2019 897.2821903398295 2.12 5.71
Aug 2019 908.2691428190664 1.22 6.77
Sep 2019 917.4309739664895 1.01 7.96
Oct 2019 918.7970683525682 0.15 7.04
Nov 2019 924.7859029844143 0.65 7.07
Dec 2019 935.1591144582866 1.12 7.72
Jan 2020 938.0332828887298 0.31 7.25
Feb 2020 932.9626456352986 -0.54 5.94
Mar 2020 919.0540585342785 -1.49 4.98
Apr 2020 915.7566925740765 -0.36 5.54
May 2020 921.2601136592835 0.60 5.30
Jun 2020 935.3074335338141 1.53 6.44
Jul 2020 950.1051367956354 1.58 5.89
Aug 2020 960.7791137298175 1.12 5.78
Sep 2020 962.7897545109253 0.21 4.94
Oct 2020 960.0493080663593 -0.28 4.49
Nov 2020 962.6396968458533 0.27 4.09
Dec 2020 967.883568485471 0.55 3.50
Jan 2021 970.7098190398003 0.29 3.48
Feb 2021 969.5494605261564 -0.12 3.92
Mar 2021 965.8596490875283 -0.38 5.09
Apr 2021 971.7941662366511 0.61 6.12
May 2021 972.2772477769026 0.05 5.54
Jun 2021 975.6865780547461 0.35 4.32
Jul 2021 982.0712324967175 0.65 3.36
Aug 2021 990.8478872358369 0.89 3.13
Sep 2021 997.0074008018166 0.62 3.55
Oct 2021 1004.8344350820934 0.79 4.67
Nov 2021 1019.6089106634367 1.47 5.92
Dec 2021 1030.1740062946412 1.04 6.44
Jan 2022 1039.6934603294385 0.92 7.11
Feb 2022 1046.0180516784624 0.61 7.89
Mar 2022 1059.2826143169057 1.27 9.67
Apr 2022 1069.9375583112887 1.01 10.10
May 2022 1084.173405390542 1.33 11.51
Jun 2022 1091.3502992448423 0.66 11.86
Jul 2022 1093.4175738457059 0.19 11.34
Aug 2022 1095.1700695256036 0.16 10.53
Sep 2022 1100.0987609681802 0.45 10.34
Oct 2022 1105.3243759126742 0.48 10.00
Nov 2022 1100.4983534555302 -0.44 7.93
Dec 2022 1101.1058926175524 0.06 6.89
Jan 2023 1114.2049264908699 1.19 7.17
Feb 2023 1130.6976301339978 1.48 8.10
Mar 2023 1147.2306603956306 1.46 8.30
Apr 2023 1146.338434554535 -0.08 7.14
May 2023 1149.7370242689874 0.30 6.05
Jun 2023 1152.5034298630794 0.24 5.60
Jul 2023 1153.6470568569955 0.10 5.51
Aug 2023 1152.259356343726 -0.12 5.21
Sep 2023 1153.2234863188276 0.08 4.83
Oct 2023 1178.3490960120043 2.18 6.61
Nov 2023 1194.6989796495782 1.39 8.56
Dec 2023 1184.1358887742351 -0.88 7.54
Jan 2024 1161.5740039687273 -1.90 4.25
Feb 2024 1154.447070345143 -0.61 2.10
Mar 2024 1155.7843318052737 0.12 0.75
Apr 2024 1178.6803747114075 1.98 2.82
May 2024 1184.8722134613415 0.53 3.06
Jun 2024 1202.7619503754931 1.51 4.36
Jul 2024 1211.536543948 0.73 5.02
Aug 2024 1214.159038712925 0.22 5.37
Sep 2024 1222.694010211751 0.70 6.02
Oct 2024 1220.0652920174846 -0.21 3.54
Nov 2024 1219.838764363276 -0.02 2.10
Dec 2024 1213.2227674943988 -0.54 2.46
Jan 2025 1236.1583629305346 1.89 6.42
Feb 2025 1242.3138026623676 0.50 7.61
Mar 2025 1241.3428155275344 -0.08 7.40
Apr 2025 1232.9327651874223 -0.68 4.60
May 2025 1236.0216346390857 0.25 4.32
Jun 2025 1232.4907264786764 -0.29 2.47
Jul 2025 1238.580593608219 0.49 2.23
Aug 2025 1251.4149493820019 1.04 3.07
Sep 2025 1258.7558129471117 0.59 2.95
Oct 2025 1263.2226616828982 0.36 3.54
Nov 2025 1273.0968593029572 0.78 4.37
Dec 2025 1301.0492353992222 2.20 7.24
Jan 2026 1310.142736695348 0.70 5.99
Feb 2026 1325.501282051282 1.17 6.70