Zip Code: 40503 (Lexington, 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 40503 Zip Code (Lexington, Kentucky) in February 2026 was $1,652.627. The month over month percentage change (MoM) was -1.12%, and the year over year percentage change (YoY) was 3.12%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 40503 zip code (Lexington, Kentucky). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 40503 zip code (Lexington, 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: 40503 (Lexington, Kentucky) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 40503 (Lexington, Kentucky) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 907.8221515526943 Infinity Infinity
Apr 2017 904.5451164866658 -0.36 Infinity
May 2017 881.1975101004899 -2.58 Infinity
Jun 2017 889.2786653117623 0.92 Infinity
Jul 2017 896.4969051342786 0.81 Infinity
Aug 2017 909.9866667074233 1.51 Infinity
Sep 2017 920.7344271198027 1.18 Infinity
Oct 2017 928.3683516208177 0.83 Infinity
Nov 2017 946.9828464220908 2.01 Infinity
Dec 2017 936.6573836588506 -1.09 Infinity
Jan 2018 938.5664049515865 0.20 Infinity
Feb 2018 942.6363640611931 0.43 Infinity
Mar 2018 956.0403153978524 1.42 5.31
Apr 2018 967.5516288382285 1.20 6.97
May 2018 982.1071042879382 1.50 11.45
Jun 2018 977.929002720822 -0.42 9.97
Jul 2018 978.047329615792 0.01 9.10
Aug 2018 967.1509604823314 -1.11 6.28
Sep 2018 973.3084339685736 0.64 5.71
Oct 2018 979.7903050565603 0.67 5.54
Nov 2018 986.1232068133435 0.65 4.13
Dec 2018 988.0253650271316 0.19 5.48
Jan 2019 990.091022267504 0.21 5.49
Feb 2019 994.706273003231 0.47 5.52
Mar 2019 995.2712982602056 0.06 4.10
Apr 2019 994.555509449666 -0.07 2.79
May 2019 1001.5355073835103 0.70 1.98
Jun 2019 1012.1333681147422 1.06 3.50
Jul 2019 1018.6236795153499 0.64 4.15
Aug 2019 1028.6722056507058 0.99 6.36
Sep 2019 1023.2068302828679 -0.53 5.13
Oct 2019 1022.5515765039002 -0.06 4.36
Nov 2019 1014.0136824640668 -0.83 2.83
Dec 2019 1022.0200384940929 0.79 3.44
Jan 2020 1023.769944296449 0.17 3.40
Feb 2020 1024.5109887107033 0.07 3.00
Mar 2020 1041.6871499813751 1.68 4.66
Apr 2020 1059.884309147505 1.75 6.57
May 2020 1049.423953632702 -0.99 4.78
Jun 2020 1044.4546883760352 -0.47 3.19
Jul 2020 1056.0643777265132 1.11 3.68
Aug 2020 1064.252563798828 0.78 3.46
Sep 2020 1074.1290455210174 0.93 4.98
Oct 2020 1066.0194980442511 -0.75 4.25
Nov 2020 1086.9619334565025 1.97 7.19
Dec 2020 1090.2566613877636 0.30 6.68
Jan 2021 1110.5229441516638 1.86 8.47
Feb 2021 1123.6516623960333 1.18 9.68
Mar 2021 1131.5210742834531 0.70 8.62
Apr 2021 1134.6164800543102 0.27 7.05
May 2021 1151.1374248828483 1.46 9.69
Jun 2021 1177.4777338389245 2.29 12.74
Jul 2021 1199.6095665875582 1.88 13.59
Aug 2021 1220.3500963489275 1.73 14.67
Sep 2021 1235.589983037317 1.25 15.03
Oct 2021 1261.9440850462563 2.13 18.38
Nov 2021 1275.636569982592 1.09 17.36
Dec 2021 1272.3314539215858 -0.26 16.70
Jan 2022 1270.0604431818338 -0.18 14.37
Feb 2022 1264.2496716236567 -0.46 12.51
Mar 2022 1282.6477828374755 1.46 13.36
Apr 2022 1294.8823588653147 0.95 14.13
May 2022 1329.3909114903147 2.67 15.49
Jun 2022 1347.1573104334236 1.34 14.41
Jul 2022 1356.3665542038805 0.68 13.07
Aug 2022 1367.4943244640792 0.82 12.06
Sep 2022 1388.5453313297023 1.54 12.38
Oct 2022 1405.6237969231922 1.23 11.39
Nov 2022 1408.413225079494 0.20 10.41
Dec 2022 1439.188215081485 2.19 13.11
Jan 2023 1456.6646435341288 1.21 14.69
Feb 2023 1469.4423548218438 0.88 16.23
Mar 2023 1469.0654740298935 -0.03 14.53
Apr 2023 1489.4288042974717 1.39 15.02
May 2023 1486.6966959755512 -0.18 11.83
Jun 2023 1480.5740869076915 -0.41 9.90
Jul 2023 1464.8547173036745 -1.06 8.00
Aug 2023 1460.8462167233986 -0.27 6.83
Sep 2023 1454.4472928721002 -0.44 4.75
Oct 2023 1443.6981147495146 -0.74 2.71
Nov 2023 1453.5074253581854 0.68 3.20
Dec 2023 1453.904390565225 0.03 1.02
Jan 2024 1481.1022871155296 1.87 1.68
Feb 2024 1500.1417588766494 1.29 2.09
Mar 2024 1519.0236124107507 1.26 3.40
Apr 2024 1512.7353684059558 -0.41 1.57
May 2024 1534.5404056429056 1.44 3.22
Jun 2024 1547.2523136004743 0.83 4.50
Jul 2024 1575.5477513742396 1.83 7.56
Aug 2024 1585.3938354647455 0.63 8.53
Sep 2024 1587.76135920371 0.15 9.17
Oct 2024 1594.313333882965 0.41 10.43
Nov 2024 1578.33381984088 -1.00 8.59
Dec 2024 1591.7699461217433 0.85 9.48
Jan 2025 1578.0180164308686 -0.86 6.54
Feb 2025 1602.5675108402243 1.56 6.83
Mar 2025 1602.4606234374137 -0.01 5.49
Apr 2025 1613.6844848849942 0.70 6.67
May 2025 1608.058735921583 -0.35 4.79
Jun 2025 1614.5855856492922 0.41 4.35
Jul 2025 1615.426695283845 0.05 2.53
Aug 2025 1623.7017869942981 0.51 2.42
Sep 2025 1636.2141078247234 0.77 3.05
Oct 2025 1647.4561203634648 0.69 3.33
Nov 2025 1668.4490582947653 1.27 5.71
Dec 2025 1665.058103800901 -0.20 4.60
Jan 2026 1671.4119797909068 0.38 5.92
Feb 2026 1652.626893939394 -1.12 3.12