Zip Code: 40509 (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 40509 Zip Code (Lexington, Kentucky) in February 2026 was $1,597.594. The month over month percentage change (MoM) was -0.71%, and the year over year percentage change (YoY) was 2.62%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 40509 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 40509 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: 40509 (Lexington, Kentucky) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 40509 (Lexington, Kentucky) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 0 NaN NaN
Feb 2015 0 NaN NaN
Mar 2015 936.9330946843736 Infinity NaN
Apr 2015 944.3391100378543 0.79 NaN
May 2015 944.0662869624194 -0.03 NaN
Jun 2015 947.6368902241833 0.38 NaN
Jul 2015 939.5816567343926 -0.85 NaN
Aug 2015 941.2429425082282 0.18 NaN
Sep 2015 939.9144364629706 -0.14 NaN
Oct 2015 945.1285218393292 0.56 NaN
Nov 2015 951.0494558106984 0.63 NaN
Dec 2015 955.969770996809 0.52 NaN
Jan 2016 962.1496197561759 0.65 Infinity
Feb 2016 957.507022300332 -0.48 Infinity
Mar 2016 955.5419238124873 -0.20 1.99
Apr 2016 958.3192646044753 0.29 1.48
May 2016 962.8514160490759 0.47 1.99
Jun 2016 966.2124284083076 0.35 1.96
Jul 2016 970.0584537794992 0.40 3.24
Aug 2016 972.2809385377797 0.23 3.30
Sep 2016 984.5757847288604 1.26 4.75
Oct 2016 994.4336223562227 1.00 5.22
Nov 2016 996.9804587255826 0.26 4.83
Dec 2016 996.6598032273588 -0.03 4.26
Jan 2017 990.0698263628052 -0.66 2.90
Feb 2017 994.1345072669684 0.41 3.83
Mar 2017 996.4061082567027 0.23 4.28
Apr 2017 998.9439802026814 0.26 4.24
May 2017 1001.0762876021344 0.21 3.97
Jun 2017 1006.0975361665144 0.50 4.13
Jul 2017 1013.617654118763 0.75 4.49
Aug 2017 1016.209030925288 0.26 4.52
Sep 2017 1007.8326979933727 -0.82 2.36
Oct 2017 1000.5459036925785 -0.72 0.62
Nov 2017 1001.9755262475553 0.14 0.50
Dec 2017 1018.3412542358949 1.63 2.17
Jan 2018 1023.6485544809343 0.52 3.39
Feb 2018 1031.8013950444015 0.80 3.79
Mar 2018 1027.3988449034455 -0.43 3.11
Apr 2018 1028.5490121960986 0.11 2.96
May 2018 1027.016722571239 -0.15 2.59
Jun 2018 1027.2777431902168 0.03 2.11
Jul 2018 1029.9322089086518 0.26 1.61
Aug 2018 1027.316188995072 -0.25 1.09
Sep 2018 1029.4219855550937 0.21 2.14
Oct 2018 1026.6577313503885 -0.27 2.61
Nov 2018 1029.6428760520325 0.29 2.76
Dec 2018 1022.7504272404553 -0.67 0.43
Jan 2019 1032.326617897734 0.94 0.85
Feb 2019 1038.9828452609454 0.65 0.70
Mar 2019 1048.1385585672983 0.88 2.02
Apr 2019 1052.0591722961465 0.37 2.29
May 2019 1057.9362552249197 0.56 3.01
Jun 2019 1061.1269857081168 0.30 3.30
Jul 2019 1061.461568141483 0.03 3.06
Aug 2019 1068.1936671750573 0.63 3.98
Sep 2019 1074.6442590489517 0.60 4.39
Oct 2019 1084.686484031045 0.93 5.65
Nov 2019 1087.5235585666683 0.26 5.62
Dec 2019 1091.099887903624 0.33 6.68
Jan 2020 1088.4326880176175 -0.24 5.44
Feb 2020 1084.7181681601433 -0.34 4.40
Mar 2020 1075.3986537181984 -0.86 2.60
Apr 2020 1069.4099070622042 -0.56 1.65
May 2020 1065.5246532712795 -0.36 0.72
Jun 2020 1072.473052231858 0.65 1.07
Jul 2020 1075.763879072789 0.31 1.35
Aug 2020 1087.307625226932 1.07 1.79
Sep 2020 1095.19664463299 0.73 1.91
Oct 2020 1102.3886719112818 0.66 1.63
Nov 2020 1107.4627353329088 0.46 1.83
Dec 2020 1110.7612511822956 0.30 1.80
Jan 2021 1117.7868232992942 0.63 2.70
Feb 2021 1131.503104289315 1.23 4.31
Mar 2021 1151.6542157445406 1.78 7.09
Apr 2021 1167.2624749203173 1.36 9.15
May 2021 1191.713793822747 2.10 11.84
Jun 2021 1205.5614193230533 1.16 12.41
Jul 2021 1229.7413200647622 2.01 14.31
Aug 2021 1239.9805054267724 0.83 14.04
Sep 2021 1248.8074092326913 0.71 14.03
Oct 2021 1257.9182192079625 0.73 14.11
Nov 2021 1268.9272049733186 0.88 14.58
Dec 2021 1281.2348159831838 0.97 15.35
Jan 2022 1288.250396971419 0.55 15.25
Feb 2022 1293.040289392371 0.37 14.28
Mar 2022 1307.9415448636173 1.15 13.57
Apr 2022 1325.340521784619 1.33 13.54
May 2022 1333.3632433560288 0.61 11.89
Jun 2022 1342.1367670376126 0.66 11.33
Jul 2022 1346.4951954766186 0.33 9.49
Aug 2022 1348.5104579825324 0.15 8.75
Sep 2022 1344.8216136022343 -0.27 7.69
Oct 2022 1344.1319374865166 -0.05 6.85
Nov 2022 1362.5244441546465 1.37 7.38
Dec 2022 1387.7551450744713 1.85 8.31
Jan 2023 1410.9899218831408 1.67 9.53
Feb 2023 1423.193057234396 0.87 10.07
Mar 2023 1419.741029301329 -0.24 8.55
Apr 2023 1420.5815065237132 0.06 7.19
May 2023 1423.5906246979584 0.21 6.77
Jun 2023 1423.9405568759942 0.03 6.10
Jul 2023 1426.2964746860625 0.17 5.93
Aug 2023 1429.8626375416954 0.25 6.03
Sep 2023 1451.3470335730358 1.50 7.92
Oct 2023 1456.9528617670342 0.39 8.39
Nov 2023 1466.2485129781328 0.64 7.61
Dec 2023 1455.7318089666198 -0.72 4.90
Jan 2024 1451.6957778936405 -0.28 2.89
Feb 2024 1443.9171872534946 -0.54 1.46
Mar 2024 1446.2574441921786 0.16 1.87
Apr 2024 1461.38101451571 1.05 2.87
May 2024 1473.6065631950223 0.84 3.51
Jun 2024 1498.7484602222285 1.71 5.25
Jul 2024 1507.260763054692 0.57 5.68
Aug 2024 1512.2346505510302 0.33 5.76
Sep 2024 1508.8604015610083 -0.22 3.96
Oct 2024 1517.1547550100172 0.55 4.13
Nov 2024 1521.17090864239 0.27 3.75
Dec 2024 1525.4626280664995 0.28 4.79
Jan 2025 1526.4991691684295 0.07 5.15
Feb 2025 1556.7401505003843 1.98 7.81
Mar 2025 1569.7202102536353 0.83 8.54
Apr 2025 1569.5534816727627 -0.01 7.40
May 2025 1572.0827718679002 0.16 6.68
Jun 2025 1565.4605626972339 -0.42 4.45
Jul 2025 1571.307100521953 0.37 4.25
Aug 2025 1579.8443290729222 0.54 4.47
Sep 2025 1586.5787090223716 0.43 5.15
Oct 2025 1591.1306191593146 0.29 4.88
Nov 2025 1592.3453141939494 0.08 4.68
Dec 2025 1601.0775221053873 0.55 4.96
Jan 2026 1609.0369040227254 0.50 5.41
Feb 2026 1597.5939668174963 -0.71 2.62