Zip Code: 40508 (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 40508 Zip Code (Lexington, Kentucky) in February 2026 was $1,152.219. The month over month percentage change (MoM) was 2.18%, and the year over year percentage change (YoY) was 14.63%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 40508 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 40508 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: 40508 (Lexington, Kentucky) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 40508 (Lexington, Kentucky) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 0 NaN NaN
Mar 2017 0 NaN NaN
Apr 2017 681.0914384828201 Infinity Infinity
May 2017 678.2208802438893 -0.42 Infinity
Jun 2017 667.9454224775475 -1.51 Infinity
Jul 2017 677.3654138826513 1.41 Infinity
Aug 2017 682.2789448802565 0.73 Infinity
Sep 2017 705.0531122746598 3.34 Infinity
Oct 2017 717.3692149948212 1.75 Infinity
Nov 2017 711.1785484572156 -0.86 Infinity
Dec 2017 0 -100.00 NaN
Jan 2018 687.4091715373954 Infinity Infinity
Feb 2018 700.6355944828942 1.92 Infinity
Mar 2018 711.8150505167839 1.60 Infinity
Apr 2018 707.4578328438414 -0.61 3.87
May 2018 710.3001937385616 0.40 4.73
Jun 2018 719.565433907045 1.30 7.73
Jul 2018 718.4538253471978 -0.15 6.07
Aug 2018 713.4411145982963 -0.70 4.57
Sep 2018 703.4383966682681 -1.40 -0.23
Oct 2018 710.393697349246 0.99 -0.97
Nov 2018 715.198923576886 0.68 0.56
Dec 2018 732.9955822012479 2.49 Infinity
Jan 2019 727.0356188589399 -0.81 5.77
Feb 2019 729.5581317343645 0.35 4.13
Mar 2019 725.4372706598091 -0.56 1.91
Apr 2019 730.6506488343199 0.72 3.28
May 2019 732.2282973789099 0.22 3.09
Jun 2019 729.8934195628777 -0.32 1.44
Jul 2019 732.7985989902375 0.40 2.00
Aug 2019 737.4115410681458 0.63 3.36
Sep 2019 735.8017568410355 -0.22 4.60
Oct 2019 731.2495108095826 -0.62 2.94
Nov 2019 733.631914318058 0.33 2.58
Dec 2019 735.4071783700607 0.24 0.33
Jan 2020 741.2248725290697 0.79 1.95
Feb 2020 734.8717686860476 -0.86 0.73
Mar 2020 760.1291878376617 3.44 4.78
Apr 2020 760.9728990789016 0.11 4.15
May 2020 762.3537633974845 0.18 4.11
Jun 2020 757.3746036649158 -0.65 3.77
Jul 2020 760.792473828397 0.45 3.82
Aug 2020 766.8551549419358 0.80 3.99
Sep 2020 765.6633611836652 -0.15 4.06
Oct 2020 768.8704622333161 0.42 5.15
Nov 2020 776.2595344195316 0.96 5.81
Dec 2020 791.0483906270522 1.91 7.57
Jan 2021 795.4530641173142 0.56 7.32
Feb 2021 791.580063111155 -0.49 7.72
Mar 2021 777.7399755893211 -1.75 2.32
Apr 2021 784.5675147403188 0.88 3.10
May 2021 795.7694252131843 1.43 4.38
Jun 2021 809.0007417665248 1.66 6.82
Jul 2021 811.1985221258071 0.27 6.63
Aug 2021 815.801266235154 0.57 6.38
Sep 2021 822.6417133587349 0.84 7.44
Oct 2021 827.9195561630779 0.64 7.68
Nov 2021 833.1453948933272 0.63 7.33
Dec 2021 836.1841489395475 0.37 5.71
Jan 2022 837.0812772045058 0.11 5.23
Feb 2022 847.1458812030294 1.20 7.02
Mar 2022 852.6023453872277 0.64 9.63
Apr 2022 866.72750309518 1.66 10.47
May 2022 867.142134160301 0.05 8.97
Jun 2022 874.85684494599 0.89 8.14
Jul 2022 884.8249847422396 1.14 9.08
Aug 2022 893.0291691925383 0.93 9.47
Sep 2022 900.6382099139591 0.85 9.48
Oct 2022 902.9128329640811 0.25 9.06
Nov 2022 901.7066684602452 -0.13 8.23
Dec 2022 902.2380004836508 0.06 7.90
Jan 2023 910.5312555151523 0.92 8.78
Feb 2023 915.4310304724766 0.54 8.06
Mar 2023 927.3791149739028 1.31 8.77
Apr 2023 925.5011093839861 -0.20 6.78
May 2023 941.0539836974301 1.68 8.52
Jun 2023 942.1853429677152 0.12 7.70
Jul 2023 941.8280056516013 -0.04 6.44
Aug 2023 940.550432438464 -0.14 5.32
Sep 2023 938.4969116195018 -0.22 4.20
Oct 2023 941.7980824897054 0.35 4.31
Nov 2023 946.4459929436199 0.49 4.96
Dec 2023 959.1688343066065 1.34 6.31
Jan 2024 971.8929080802855 1.33 6.74
Feb 2024 985.8450717244398 1.44 7.69
Mar 2024 989.624575726374 0.38 6.71
Apr 2024 988.7020312252865 -0.09 6.83
May 2024 976.8721754406222 -1.20 3.81
Jun 2024 982.5176634874097 0.58 4.28
Jul 2024 990.4415368508943 0.81 5.16
Aug 2024 990.5686980599041 0.01 5.32
Sep 2024 984.6692309646813 -0.60 4.92
Oct 2024 995.5746969933721 1.11 5.71
Nov 2024 1015.0704297657708 1.96 7.25
Dec 2024 1006.8934006535943 -0.81 4.98
Jan 2025 1015.8022249889201 0.89 4.52
Feb 2025 1005.1238149944 -1.05 1.96
Mar 2025 1008.7898306484357 0.37 1.94
Apr 2025 1021.026473536958 1.21 3.27
May 2025 1036.530272155241 1.52 6.11
Jun 2025 1044.9059368623973 0.81 6.35
Jul 2025 1052.814534193126 0.76 6.30
Aug 2025 1068.4765881776525 1.49 7.87
Sep 2025 1090.3144476373473 2.04 10.73
Oct 2025 1097.9151613992651 0.70 10.28
Nov 2025 1099.6582436984397 0.16 8.33
Dec 2025 1120.7428064262133 1.92 11.31
Jan 2026 1127.647941486444 0.62 11.01
Feb 2026 1152.2186147186148 2.18 14.63