Zip Code: 46037 (Fishers, Indiana) - 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 46037 Zip Code (Fishers, Indiana) in February 2026 was $1,902.72. The month over month percentage change (MoM) was 0.63%, and the year over year percentage change (YoY) was 7.69%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 46037 zip code (Fishers, Indiana). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 46037 zip code (Fishers, Indiana).

You can see similar information for other Indiana 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: 46037 (Fishers, Indiana) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 46037 (Fishers, Indiana) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 1192.7643594926587 Infinity Infinity
Feb 2017 1199.4376966761424 0.56 Infinity
Mar 2017 1209.298882182327 0.82 Infinity
Apr 2017 1213.9969013616042 0.39 Infinity
May 2017 1212.7188092592705 -0.10 Infinity
Jun 2017 1219.0982771775464 0.53 Infinity
Jul 2017 1227.123571131239 0.66 Infinity
Aug 2017 1238.5539516664903 0.93 Infinity
Sep 2017 1232.6451870813864 -0.48 Infinity
Oct 2017 1231.8588963885718 -0.06 Infinity
Nov 2017 1234.114056848071 0.18 Infinity
Dec 2017 1244.5947331903028 0.85 Infinity
Jan 2018 1242.1623262458743 -0.19 4.14
Feb 2018 1257.0412802634553 1.20 4.80
Mar 2018 1259.7026339871572 0.21 4.17
Apr 2018 1262.742189657721 0.24 4.01
May 2018 1253.6563884789728 -0.72 3.38
Jun 2018 1254.4894087738037 0.07 2.90
Jul 2018 0 -100.00 -100.00
Aug 2018 1262.5637826036318 Infinity 1.94
Sep 2018 1274.3223241299386 0.93 3.38
Oct 2018 1269.469905130443 -0.38 3.05
Nov 2018 1276.4705514607203 0.55 3.43
Dec 2018 1271.052259753546 -0.42 2.13
Jan 2019 1288.927977672946 1.41 3.77
Feb 2019 1283.314371792174 -0.44 2.09
Mar 2019 1285.4692902531467 0.17 2.05
Apr 2019 1286.2422322120553 0.06 1.86
May 2019 1301.0537989400775 1.15 3.78
Jun 2019 1305.5444977180525 0.35 4.07
Jul 2019 1306.4246025142945 0.07 Infinity
Aug 2019 1305.0789487684021 -0.10 3.37
Sep 2019 1305.4322653487757 0.03 2.44
Oct 2019 1316.5131627341532 0.85 3.71
Nov 2019 1318.7277515240146 0.17 3.31
Dec 2019 1326.673500744032 0.60 4.38
Jan 2020 1319.9002542944286 -0.51 2.40
Feb 2020 1322.7541665063702 0.22 3.07
Mar 2020 1342.1800506245766 1.47 4.41
Apr 2020 1335.0894759877026 -0.53 3.80
May 2020 1335.4248157158083 0.03 2.64
Jun 2020 1327.5737141565194 -0.59 1.69
Jul 2020 1330.0123289256726 0.18 1.81
Aug 2020 1342.6263944389257 0.95 2.88
Sep 2020 1336.528034510686 -0.45 2.38
Oct 2020 1347.6528520586835 0.83 2.37
Nov 2020 1368.0167113030782 1.51 3.74
Dec 2020 1396.1041944950978 2.05 5.23
Jan 2021 1408.9887630110447 0.92 6.75
Feb 2021 1409.8532765469276 0.06 6.59
Mar 2021 1403.015866106111 -0.48 4.53
Apr 2021 1431.170821596768 2.01 7.20
May 2021 1446.4357078473508 1.07 8.31
Jun 2021 1488.6122541165992 2.92 12.13
Jul 2021 1506.94811505668 1.23 13.30
Aug 2021 1527.977571575912 1.40 13.81
Sep 2021 1549.7955754093173 1.43 15.96
Oct 2021 1549.6346581336286 -0.01 14.99
Nov 2021 1552.8724356830273 0.21 13.51
Dec 2021 1542.5398627095017 -0.66 10.49
Jan 2022 1545.25897140428 0.18 9.67
Feb 2022 1555.4928990613282 0.66 10.33
Mar 2022 1583.1103537570768 1.78 12.84
Apr 2022 1585.564110187172 0.16 10.79
May 2022 1600.3442466722954 0.93 10.64
Jun 2022 1595.2797188368775 -0.32 7.17
Jul 2022 1622.4148141043731 1.70 7.66
Aug 2022 1628.1829820073015 0.36 6.56
Sep 2022 1637.593655611626 0.58 5.67
Oct 2022 1656.2897231822626 1.14 6.88
Nov 2022 1661.14410893186 0.29 6.97
Dec 2022 1675.367763089541 0.86 8.61
Jan 2023 1683.5049306352837 0.49 8.95
Feb 2023 1691.6753985765708 0.49 8.76
Mar 2023 1696.8894063631064 0.31 7.19
Apr 2023 1703.6517932638556 0.40 7.45
May 2023 1714.7675795302673 0.65 7.15
Jun 2023 1713.5845206286556 -0.07 7.42
Jul 2023 1690.2405643651277 -1.36 4.18
Aug 2023 1689.6810200346208 -0.03 3.78
Sep 2023 1699.9341911165004 0.61 3.81
Oct 2023 1716.0061998094147 0.95 3.61
Nov 2023 1716.0469080215234 0.00 3.31
Dec 2023 1721.9513753546287 0.34 2.78
Jan 2024 1729.6778360222804 0.45 2.74
Feb 2024 1757.183452483541 1.59 3.87
Mar 2024 1767.827802194238 0.61 4.18
Apr 2024 1787.9546688029245 1.14 4.95
May 2024 1768.5960485441926 -1.08 3.14
Jun 2024 1776.7114353998622 0.46 3.68
Jul 2024 1782.2769173472846 0.31 5.45
Aug 2024 1790.3745564491303 0.45 5.96
Sep 2024 1793.7672282665899 0.19 5.52
Oct 2024 1765.186641333018 -1.59 2.87
Nov 2024 1775.330257776349 0.57 3.46
Dec 2024 1759.9883511040239 -0.86 2.21
Jan 2025 1770.5938831732249 0.60 2.37
Feb 2025 1766.804204614466 -0.21 0.55
Mar 2025 1763.26337532719 -0.20 -0.26
Apr 2025 1756.964811007379 -0.36 -1.73
May 2025 1776.296306545895 1.10 0.44
Jun 2025 1785.1521577350748 0.50 0.48
Jul 2025 1801.3354704061735 0.91 1.07
Aug 2025 1809.891193733261 0.48 1.09
Sep 2025 1816.6057313347521 0.37 1.27
Oct 2025 1844.4368945949677 1.53 4.49
Nov 2025 1854.8288000158961 0.56 4.48
Dec 2025 1882.1751495736253 1.47 6.94
Jan 2026 1890.8662285248336 0.46 6.79
Feb 2026 1902.7195767195765 0.63 7.69