Zip Code: 46201 (Indianapolis, 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 46201 Zip Code (Indianapolis, Indiana) in February 2026 was $1,165.216. The month over month percentage change (MoM) was 0.75%, and the year over year percentage change (YoY) was 6.24%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 46201 zip code (Indianapolis, Indiana). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 46201 zip code (Indianapolis, 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: 46201 (Indianapolis, Indiana) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 46201 (Indianapolis, Indiana) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 511.27104691733615 NaN NaN
Feb 2015 515.8146786231734 0.89 NaN
Mar 2015 509.97691962114766 -1.13 NaN
Apr 2015 515.6730729592012 1.12 NaN
May 2015 517.3942560648828 0.33 NaN
Jun 2015 528.9614476867423 2.24 NaN
Jul 2015 530.431813573092 0.28 NaN
Aug 2015 532.7456767735276 0.44 NaN
Sep 2015 532.5063459950575 -0.04 NaN
Oct 2015 529.0126770504382 -0.66 NaN
Nov 2015 525.6987045559553 -0.63 NaN
Dec 2015 528.8686485529275 0.60 NaN
Jan 2016 534.3170887003207 1.03 4.51
Feb 2016 537.8298351684754 0.66 4.27
Mar 2016 536.4846848340276 -0.25 5.20
Apr 2016 532.1585832900154 -0.81 3.20
May 2016 528.9592339162249 -0.60 2.24
Jun 2016 530.2747890711677 0.25 0.25
Jul 2016 540.157047015547 1.86 1.83
Aug 2016 541.62949288429 0.27 1.67
Sep 2016 542.397585093075 0.14 1.86
Oct 2016 548.8330785199123 1.19 3.75
Nov 2016 561.5446309005403 2.32 6.82
Dec 2016 555.1849026969586 -1.13 4.98
Jan 2017 550.8890506012706 -0.77 3.10
Feb 2017 554.8295131551565 0.72 3.16
Mar 2017 568.7456103666793 2.51 6.01
Apr 2017 572.7297954719539 0.70 7.62
May 2017 579.3274539935629 1.15 9.52
Jun 2017 578.2465423993889 -0.19 9.05
Jul 2017 582.4503134114191 0.73 7.83
Aug 2017 582.5804317680443 0.02 7.56
Sep 2017 588.9485577659417 1.09 8.58
Oct 2017 591.9520619589172 0.51 7.86
Nov 2017 592.6064221901431 0.11 5.53
Dec 2017 600.4852981205055 1.33 8.16
Jan 2018 601.9004308646442 0.24 9.26
Feb 2018 598.9288167012146 -0.49 7.95
Mar 2018 599.924888507383 0.17 5.48
Apr 2018 612.8579540216704 2.16 7.01
May 2018 619.5070685414412 1.09 6.94
Jun 2018 619.2601108057594 -0.04 7.09
Jul 2018 620.527110203247 0.21 6.54
Aug 2018 626.0438384643288 0.89 7.46
Sep 2018 627.9184008630662 0.30 6.62
Oct 2018 628.4822738338501 0.09 6.17
Nov 2018 630.1455183768197 0.27 6.34
Dec 2018 641.4823577359116 1.80 6.83
Jan 2019 645.3984200360759 0.61 7.23
Feb 2019 651.1306475146739 0.89 8.72
Mar 2019 651.9441913489551 0.13 8.67
Apr 2019 648.9318104117625 -0.46 5.89
May 2019 649.8044165487336 0.13 4.89
Jun 2019 659.0212411635724 1.42 6.42
Jul 2019 662.8613250330386 0.58 6.82
Aug 2019 667.6717785533409 0.73 6.65
Sep 2019 672.5413382089681 0.73 7.11
Oct 2019 679.2419716660912 1.00 8.08
Nov 2019 685.0418307066495 0.85 8.71
Dec 2019 683.5389392458244 -0.22 6.56
Jan 2020 691.1481774845873 1.11 7.09
Feb 2020 698.1115591765542 1.01 7.22
Mar 2020 698.731412246025 0.09 7.18
Apr 2020 700.2040727122799 0.21 7.90
May 2020 698.0910503850148 -0.30 7.43
Jun 2020 706.5631543842059 1.21 7.21
Jul 2020 717.6684810624931 1.57 8.27
Aug 2020 729.4145313936036 1.64 9.25
Sep 2020 739.820891100497 1.43 10.00
Oct 2020 748.5427013465466 1.18 10.20
Nov 2020 752.022887081202 0.47 9.78
Dec 2020 754.7209367230015 0.36 10.41
Jan 2021 755.9014297691353 0.16 9.37
Feb 2021 763.3764538976997 0.99 9.35
Mar 2021 765.7202901988584 0.31 9.59
Apr 2021 777.5869078124291 1.55 11.05
May 2021 791.4602849144054 1.78 13.38
Jun 2021 803.4278481763195 1.51 13.71
Jul 2021 802.9026601349334 -0.06 11.88
Aug 2021 811.4971541754412 1.07 11.25
Sep 2021 813.262622661238 0.22 9.93
Oct 2021 826.9057915680012 1.68 10.47
Nov 2021 827.8188904215052 0.11 10.08
Dec 2021 840.6428374709172 1.55 11.39
Jan 2022 849.2153098341239 1.02 12.35
Feb 2022 858.6030751614402 1.11 12.47
Mar 2022 874.3428882860076 1.83 14.19
Apr 2022 881.5168165843558 0.82 13.37
May 2022 894.2973585705596 1.45 12.99
Jun 2022 900.7289459501586 0.72 12.11
Jul 2022 907.3232900280535 0.73 13.01
Aug 2022 904.7260111751802 -0.29 11.49
Sep 2022 907.8516625979034 0.35 11.63
Oct 2022 912.6879924273787 0.53 10.37
Nov 2022 935.4860215217459 2.50 13.01
Dec 2022 943.492835688437 0.86 12.24
Jan 2023 958.1237878127578 1.55 12.83
Feb 2023 954.8645413028327 -0.34 11.21
Mar 2023 958.8143980112649 0.41 9.66
Apr 2023 960.8089257380695 0.21 8.99
May 2023 963.3466152520689 0.26 7.72
Jun 2023 962.4069954717679 -0.10 6.85
Jul 2023 967.5364778325533 0.53 6.64
Aug 2023 978.2130941607361 1.10 8.12
Sep 2023 1005.1311288784747 2.75 10.72
Oct 2023 1019.4588409216136 1.43 11.70
Nov 2023 1024.6435095902887 0.51 9.53
Dec 2023 1027.4776870072121 0.28 8.90
Jan 2024 1020.1070978040328 -0.72 6.47
Feb 2024 1023.126337590214 0.30 7.15
Mar 2024 1026.350757063251 0.32 7.04
Apr 2024 1038.7411967128085 1.21 8.11
May 2024 1043.5464505617947 0.46 8.32
Jun 2024 1044.5642948881116 0.10 8.54
Jul 2024 1058.7541729017196 1.36 9.43
Aug 2024 1066.5984577461197 0.74 9.04
Sep 2024 1063.770930639911 -0.26 5.83
Oct 2024 1066.224730782662 0.23 4.59
Nov 2024 1073.1494779585664 0.65 4.73
Dec 2024 1086.726879643649 1.26 5.77
Jan 2025 1089.434690670021 0.25 6.80
Feb 2025 1096.7719976128158 0.67 7.20
Mar 2025 1104.6834024103161 0.72 7.63
Apr 2025 1107.6974893380125 0.27 6.64
May 2025 1114.866101973289 0.65 6.83
Jun 2025 1128.3442655572258 1.21 8.02
Jul 2025 1128.232017698033 -0.01 6.56
Aug 2025 1132.131183617466 0.35 6.14
Sep 2025 1134.824321474079 0.24 6.68
Oct 2025 1139.538479428582 0.42 6.88
Nov 2025 1141.732217281667 0.19 6.39
Dec 2025 1142.9503578056576 0.11 5.17
Jan 2026 1156.5951441137613 1.19 6.17
Feb 2026 1165.2163100057835 0.75 6.24