Zip Code: 46220 (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 46220 Zip Code (Indianapolis, Indiana) in February 2026 was $1,517.038. The month over month percentage change (MoM) was 0.20%, and the year over year percentage change (YoY) was 0.35%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 46220 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 46220 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: 46220 (Indianapolis, Indiana) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 46220 (Indianapolis, Indiana) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 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 0 NaN NaN
May 2017 0 NaN NaN
Jun 2017 0 NaN NaN
Jul 2017 0 NaN NaN
Aug 2017 0 NaN NaN
Sep 2017 0 NaN NaN
Oct 2017 0 NaN NaN
Nov 2017 0 NaN NaN
Dec 2017 1056.1997551689944 Infinity Infinity
Jan 2018 1065.499632611866 0.88 Infinity
Feb 2018 1066.531649427406 0.10 Infinity
Mar 2018 1059.0722538831474 -0.70 Infinity
Apr 2018 1058.639906474206 -0.04 Infinity
May 2018 1063.290365829748 0.44 Infinity
Jun 2018 1070.7427457441029 0.70 Infinity
Jul 2018 1074.2857181173044 0.33 Infinity
Aug 2018 1066.772538311455 -0.70 Infinity
Sep 2018 1084.8353966303423 1.69 Infinity
Oct 2018 1090.5469229398536 0.53 Infinity
Nov 2018 1107.673170821186 1.57 Infinity
Dec 2018 1097.3224987337853 -0.93 3.89
Jan 2019 1092.785644995676 -0.41 2.56
Feb 2019 1081.5263915775909 -1.03 1.41
Mar 2019 1087.4715191802188 0.55 2.68
Apr 2019 1097.1061192599311 0.89 3.63
May 2019 1102.3142491285778 0.48 3.67
Jun 2019 1103.5168777420527 0.11 3.06
Jul 2019 1105.6256156339896 0.19 2.92
Aug 2019 1119.7370048136327 1.28 4.97
Sep 2019 1115.6208546551159 -0.37 2.84
Oct 2019 1126.8806536181114 1.01 3.33
Nov 2019 1123.2713504534609 -0.32 1.41
Dec 2019 1142.2897894966138 1.69 4.10
Jan 2020 1155.4853577913036 1.16 5.74
Feb 2020 1179.3485058075753 2.07 9.05
Mar 2020 1168.9164868225666 -0.88 7.49
Apr 2020 1162.5294371368498 -0.55 5.96
May 2020 1150.8358317882426 -1.01 4.40
Jun 2020 1149.9822336053992 -0.07 4.21
Jul 2020 1162.7294138278862 1.11 5.17
Aug 2020 1164.8351488026133 0.18 4.03
Sep 2020 1167.4620865907477 0.23 4.65
Oct 2020 1172.0837211898977 0.40 4.01
Nov 2020 1176.3259990437166 0.36 4.72
Dec 2020 1169.1935320969524 -0.61 2.36
Jan 2021 1183.9222400435883 1.26 2.46
Feb 2021 1183.1343565347818 -0.07 0.32
Mar 2021 1201.8992450120509 1.59 2.82
Apr 2021 1197.1983084289077 -0.39 2.98
May 2021 1217.154306166471 1.67 5.76
Jun 2021 1227.154474482275 0.82 6.71
Jul 2021 1249.6666213037265 1.83 7.48
Aug 2021 1275.5845982920184 2.07 9.51
Sep 2021 1304.5544493279717 2.27 11.74
Oct 2021 1327.7950788306161 1.78 13.29
Nov 2021 1328.709177639411 0.07 12.95
Dec 2021 1333.374845356456 0.35 14.04
Jan 2022 1322.5298797034652 -0.81 11.71
Feb 2022 1337.065775573052 1.10 13.01
Mar 2022 1332.2959303416487 -0.36 10.85
Apr 2022 1363.8333838957867 2.37 13.92
May 2022 1376.086997166408 0.90 13.06
Jun 2022 1407.7488117753503 2.30 14.72
Jul 2022 1404.4580094962942 -0.23 12.39
Aug 2022 1394.5299075388393 -0.71 9.32
Sep 2022 1375.1353275408264 -1.39 5.41
Oct 2022 1357.8915640139473 -1.25 2.27
Nov 2022 1366.9250647594065 0.67 2.88
Dec 2022 1381.40172044272 1.06 3.60
Jan 2023 1421.3656014967019 2.89 7.47
Feb 2023 1438.7765764459896 1.23 7.61
Mar 2023 1464.5485005097646 1.79 9.93
Apr 2023 1455.7270161395918 -0.60 6.74
May 2023 1445.0131524823635 -0.74 5.01
Jun 2023 1425.3581431866655 -1.36 1.25
Jul 2023 1416.980693052793 -0.59 0.89
Aug 2023 1426.2915814363917 0.66 2.28
Sep 2023 1437.274318788203 0.77 4.52
Oct 2023 1451.0456573281515 0.96 6.86
Nov 2023 1465.7877177684286 1.02 7.23
Dec 2023 1480.2699717772418 0.99 7.16
Jan 2024 1476.4785989441546 -0.26 3.88
Feb 2024 1471.5525200538368 -0.33 2.28
Mar 2024 1460.9652320028504 -0.72 -0.24
Apr 2024 1459.963460074244 -0.07 0.29
May 2024 1476.8717373604964 1.16 2.21
Jun 2024 1485.7293325632215 0.60 4.24
Jul 2024 1506.610215946004 1.41 6.33
Aug 2024 1508.299012926449 0.11 5.75
Sep 2024 1513.1999102142158 0.33 5.28
Oct 2024 1526.323641000994 0.87 5.19
Nov 2024 1520.3485206893965 -0.39 3.72
Dec 2024 1531.1942648432648 0.71 3.44
Jan 2025 1513.0080875189703 -1.19 2.47
Feb 2025 1511.750946123162 -0.08 2.73
Mar 2025 1517.6118904264144 0.39 3.88
Apr 2025 1525.3139181062304 0.51 4.48
May 2025 1522.871192546061 -0.16 3.12
Jun 2025 1526.914460177638 0.27 2.77
Jul 2025 1522.4707476193307 -0.29 1.05
Aug 2025 1524.3896694731804 0.13 1.07
Sep 2025 1524.2930845440326 -0.01 0.73
Oct 2025 1515.9014489968872 -0.55 -0.68
Nov 2025 1516.2095587536596 0.02 -0.27
Dec 2025 1502.4855852777998 -0.90 -1.87
Jan 2026 1513.9819550898883 0.77 0.06
Feb 2026 1517.0382154882154 0.20 0.35