Zip Code: 46218 (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 46218 Zip Code (Indianapolis, Indiana) in February 2026 was $1,073.109. The month over month percentage change (MoM) was -0.16%, and the year over year percentage change (YoY) was 2.88%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 46218 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 46218 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: 46218 (Indianapolis, Indiana) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 46218 (Indianapolis, Indiana) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 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 550.7251751351231 Infinity Infinity
May 2016 559.5653542217451 1.61 Infinity
Jun 2016 558.2598964193544 -0.23 Infinity
Jul 2016 552.8256089318638 -0.97 Infinity
Aug 2016 544.5091784950681 -1.50 Infinity
Sep 2016 541.0996868237883 -0.63 Infinity
Oct 2016 547.3182699794124 1.15 Infinity
Nov 2016 552.4553030447981 0.94 Infinity
Dec 2016 554.6921633639257 0.41 Infinity
Jan 2017 559.1016067688101 0.80 Infinity
Feb 2017 563.8692887533531 0.85 Infinity
Mar 2017 560.1812808744843 -0.65 Infinity
Apr 2017 558.766705289028 -0.25 1.46
May 2017 559.0389411027071 0.05 -0.09
Jun 2017 566.7409637149358 1.38 1.52
Jul 2017 570.9193281875532 0.74 3.27
Aug 2017 575.2159538145712 0.75 5.64
Sep 2017 582.0723080518851 1.19 7.57
Oct 2017 587.6024268519434 0.95 7.36
Nov 2017 588.3392582699875 0.13 6.50
Dec 2017 588.8544736896674 0.09 6.16
Jan 2018 587.4207717249747 -0.24 5.07
Feb 2018 587.4478717919532 0.01 4.18
Mar 2018 583.5652054330416 -0.66 4.17
Apr 2018 578.6555224253198 -0.84 3.56
May 2018 579.6517476697068 0.17 3.69
Jun 2018 587.9926551429985 1.44 3.75
Jul 2018 593.2022653796663 0.89 3.90
Aug 2018 595.7617320746353 0.43 3.57
Sep 2018 589.3999082112583 -1.07 1.26
Oct 2018 584.9274192765944 -0.76 -0.45
Nov 2018 590.7812899906758 1.00 0.42
Dec 2018 599.5979982805293 1.49 1.82
Jan 2019 604.7578269791496 0.86 2.95
Feb 2019 601.3681339707482 -0.56 2.37
Mar 2019 610.0856193779948 1.45 4.55
Apr 2019 618.4917978798612 1.38 6.88
May 2019 621.4514662480212 0.48 7.21
Jun 2019 616.9546780710649 -0.72 4.93
Jul 2019 617.9925695087072 0.17 4.18
Aug 2019 621.9114693708794 0.63 4.39
Sep 2019 631.086593494739 1.48 7.07
Oct 2019 637.7397562104483 1.05 9.03
Nov 2019 639.2207135338778 0.23 8.20
Dec 2019 639.2042541076984 0.00 6.61
Jan 2020 643.2375478763636 0.63 6.36
Feb 2020 653.4526129283299 1.59 8.66
Mar 2020 655.7000182104914 0.34 7.48
Apr 2020 653.5711408275012 -0.32 5.67
May 2020 654.1704380190309 0.09 5.27
Jun 2020 653.0075916342053 -0.18 5.84
Jul 2020 663.0402777982753 1.54 7.29
Aug 2020 662.5948842400838 -0.07 6.54
Sep 2020 674.7905488994252 1.84 6.93
Oct 2020 675.9443184930055 0.17 5.99
Nov 2020 684.0212998768995 1.20 7.01
Dec 2020 691.6115268463491 1.11 8.20
Jan 2021 691.5235976340911 -0.01 7.51
Feb 2021 697.6005349575173 0.88 6.76
Mar 2021 698.9637844465336 0.20 6.60
Apr 2021 717.2387628400055 2.62 9.74
May 2021 734.040154185639 2.34 12.21
Jun 2021 747.7648701365335 1.87 14.51
Jul 2021 745.4119615693805 -0.31 12.42
Aug 2021 756.692831283783 1.51 14.20
Sep 2021 749.7556751020346 -0.92 11.11
Oct 2021 770.9338439914501 2.83 14.05
Nov 2021 775.1050216620768 0.54 13.32
Dec 2021 790.4718341228064 1.98 14.29
Jan 2022 795.0518661168757 0.58 14.97
Feb 2022 799.251081049815 0.53 14.57
Mar 2022 815.3815771667693 2.02 16.66
Apr 2022 812.2558827277215 -0.38 13.25
May 2022 811.4261113536111 -0.10 10.54
Jun 2022 818.8368508552225 0.91 9.51
Jul 2022 838.675123015122 2.42 12.51
Aug 2022 849.3763538351874 1.28 12.25
Sep 2022 860.2409611863558 1.28 14.74
Oct 2022 857.6347368988373 -0.30 11.25
Nov 2022 867.012622225793 1.09 11.86
Dec 2022 864.5568846464372 -0.28 9.37
Jan 2023 874.4683706807784 1.15 9.99
Feb 2023 879.7522244864035 0.60 10.07
Mar 2023 881.1982359904836 0.16 8.07
Apr 2023 883.2276392861316 0.23 8.74
May 2023 881.5664956893613 -0.19 8.64
Jun 2023 879.7471617577513 -0.21 7.44
Jul 2023 882.7571514115305 0.34 5.26
Aug 2023 896.7999494621857 1.59 5.58
Sep 2023 919.2823604381126 2.51 6.86
Oct 2023 926.0646996876657 0.74 7.98
Nov 2023 923.0275534787289 -0.33 6.46
Dec 2023 931.0393096871359 0.87 7.69
Jan 2024 938.6891944380011 0.82 7.34
Feb 2024 947.2155628008329 0.91 7.67
Mar 2024 948.2671578373828 0.11 7.61
Apr 2024 957.1211923968251 0.93 8.37
May 2024 972.8356455678913 1.64 10.35
Jun 2024 991.460131696653 1.91 12.70
Jul 2024 993.8634327351472 0.24 12.59
Aug 2024 988.0994900163355 -0.58 10.18
Sep 2024 984.5555819798203 -0.36 7.10
Oct 2024 991.9609267575256 0.75 7.12
Nov 2024 1015.7433227960124 2.40 10.05
Dec 2024 1020.1200987933871 0.43 9.57
Jan 2025 1038.153075088128 1.77 10.60
Feb 2025 1043.0812221183726 0.48 10.12
Mar 2025 1056.202352193872 1.26 11.38
Apr 2025 1065.7325403061197 0.90 11.35
May 2025 1070.300705245021 0.43 10.02
Jun 2025 1070.000741656541 -0.03 7.92
Jul 2025 1077.2125188587324 0.67 8.39
Aug 2025 1085.870429974199 0.80 9.90
Sep 2025 1088.0247971309502 0.20 10.51
Oct 2025 1091.250113253751 0.30 10.01
Nov 2025 1083.1318945257196 -0.74 6.63
Dec 2025 1086.2485782079302 0.29 6.48
Jan 2026 1074.7814449281905 -1.06 3.53
Feb 2026 1073.1094276094275 -0.16 2.88