Zip Code: 46226 (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 46226 Zip Code (Indianapolis, Indiana) in February 2026 was $1,152.819. The month over month percentage change (MoM) was 0.89%, and the year over year percentage change (YoY) was 11.61%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 46226 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 46226 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: 46226 (Indianapolis, Indiana) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 46226 (Indianapolis, Indiana) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 597.9651240246308 NaN NaN
Feb 2015 590.4347881569919 -1.26 NaN
Mar 2015 590.5802042108035 0.03 NaN
Apr 2015 595.1084320353286 0.77 NaN
May 2015 598.8268097872393 0.63 NaN
Jun 2015 602.6227453715982 0.63 NaN
Jul 2015 603.7902602748787 0.19 NaN
Aug 2015 605.1828791641865 0.23 NaN
Sep 2015 606.9504651239073 0.29 NaN
Oct 2015 606.986425128376 0.01 NaN
Nov 2015 605.7031485406928 -0.21 NaN
Dec 2015 606.6613147562479 0.16 NaN
Jan 2016 607.4338334106213 0.13 1.58
Feb 2016 611.9947602570304 0.75 3.65
Mar 2016 609.1761625152894 -0.46 3.15
Apr 2016 609.9361251384948 0.13 2.49
May 2016 609.9082408334957 0.00 1.85
Jun 2016 612.1102368001547 0.36 1.57
Jul 2016 611.1705026172449 -0.15 1.22
Aug 2016 610.6079721651474 -0.09 0.90
Sep 2016 611.7306145337863 0.18 0.79
Oct 2016 613.6311590908786 0.31 1.10
Nov 2016 617.1201469854135 0.57 1.89
Dec 2016 615.8479990746105 -0.21 1.51
Jan 2017 618.874230646029 0.49 1.88
Feb 2017 620.8770894771459 0.32 1.45
Mar 2017 627.9054889942946 1.13 3.08
Apr 2017 632.0857579785962 0.67 3.63
May 2017 634.2269176201864 0.34 3.99
Jun 2017 638.0175626197766 0.60 4.23
Jul 2017 634.8982114359181 -0.49 3.88
Aug 2017 637.4321708388221 0.40 4.39
Sep 2017 636.733462684756 -0.11 4.09
Oct 2017 642.6726137081165 0.93 4.73
Nov 2017 643.7722335764608 0.17 4.32
Dec 2017 647.4358977575391 0.57 5.13
Jan 2018 650.1129761893382 0.41 5.05
Feb 2018 651.1970392795358 0.17 4.88
Mar 2018 648.9850860642669 -0.34 3.36
Apr 2018 648.4277482365834 -0.09 2.59
May 2018 649.759680606038 0.21 2.45
Jun 2018 650.5367331415529 0.12 1.96
Jul 2018 655.7169194967131 0.80 3.28
Aug 2018 657.4184706841814 0.26 3.14
Sep 2018 658.2027231651813 0.12 3.37
Oct 2018 659.1718305348204 0.15 2.57
Nov 2018 666.5189263799446 1.12 3.53
Dec 2018 672.5392504971054 0.90 3.88
Jan 2019 667.7900468650251 -0.71 2.72
Feb 2019 669.5647207459315 0.27 2.82
Mar 2019 673.432637425627 0.58 3.77
Apr 2019 676.7055493551396 0.49 4.36
May 2019 679.828107758684 0.46 4.63
Jun 2019 682.202065960161 0.35 4.87
Jul 2019 685.334860815388 0.46 4.52
Aug 2019 688.4105560326539 0.45 4.71
Sep 2019 693.5512675846774 0.75 5.37
Oct 2019 695.2149093481664 0.24 5.47
Nov 2019 694.1640821497707 -0.15 4.15
Dec 2019 694.0180269753015 -0.02 3.19
Jan 2020 701.9788825319854 1.15 5.12
Feb 2020 705.9081061231233 0.56 5.43
Mar 2020 705.1107746733474 -0.11 4.70
Apr 2020 701.8719383408221 -0.46 3.72
May 2020 706.4645657106464 0.65 3.92
Jun 2020 711.922004750256 0.77 4.36
Jul 2020 718.9816408714271 0.99 4.91
Aug 2020 722.2523074010413 0.46 4.92
Sep 2020 728.2185503869282 0.83 5.00
Oct 2020 739.2422578768281 1.51 6.33
Nov 2020 747.8207416482738 1.16 7.73
Dec 2020 759.6172312993995 1.58 9.45
Jan 2021 755.5874225364574 -0.53 7.64
Feb 2021 761.7501298488651 0.82 7.91
Mar 2021 751.1301702934985 -1.39 6.53
Apr 2021 763.8756245535792 1.70 8.83
May 2021 770.1645752660864 0.82 9.02
Jun 2021 793.6111183715549 3.04 11.47
Jul 2021 812.2798735703311 2.35 12.98
Aug 2021 833.9671813195484 2.67 15.47
Sep 2021 843.3265616065956 1.12 15.81
Oct 2021 845.7138030335298 0.28 14.40
Nov 2021 851.4594613535613 0.68 13.86
Dec 2021 854.1305847610421 0.31 12.44
Jan 2022 873.1178307004244 2.22 15.56
Feb 2022 884.327026750526 1.28 16.09
Mar 2022 909.8900054635204 2.89 21.14
Apr 2022 913.3894872900966 0.39 19.57
May 2022 922.9387678649939 1.05 19.84
Jun 2022 916.0005053333434 -0.75 15.42
Jul 2022 908.2470051243163 -0.85 11.82
Aug 2022 903.3171339513133 -0.54 8.32
Sep 2022 905.8506105675136 0.28 7.41
Oct 2022 919.6140496768978 1.52 8.74
Nov 2022 932.1804300466105 1.37 9.48
Dec 2022 945.3568033056681 1.41 10.68
Jan 2023 950.2040541038675 0.51 8.83
Feb 2023 944.7203309920892 -0.58 6.83
Mar 2023 947.7804264016872 0.32 4.16
Apr 2023 945.8320698253538 -0.21 3.55
May 2023 945.3742968308961 -0.05 2.43
Jun 2023 943.78267147492 -0.17 3.03
Jul 2023 952.6629012173895 0.94 4.89
Aug 2023 965.4879398214676 1.35 6.88
Sep 2023 973.4949930161622 0.83 7.47
Oct 2023 975.559052028788 0.21 6.08
Nov 2023 977.0726405839039 0.16 4.82
Dec 2023 980.3656538817702 0.34 3.70
Jan 2024 981.9618464921197 0.16 3.34
Feb 2024 991.8621092254684 1.01 4.99
Mar 2024 992.7303395049192 0.09 4.74
Apr 2024 997.3272425081025 0.46 5.44
May 2024 1001.0503039026918 0.37 5.89
Jun 2024 1003.0662215357279 0.20 6.28
Jul 2024 1008.7481774353162 0.57 5.89
Aug 2024 1016.2792090568012 0.75 5.26
Sep 2024 1041.086472936877 2.44 6.94
Oct 2024 1050.8019552148567 0.93 7.71
Nov 2024 1052.2577891653173 0.14 7.70
Dec 2024 1026.358544204631 -2.46 4.69
Jan 2025 1022.8627790972683 -0.34 4.17
Feb 2025 1032.8606965955353 0.98 4.13
Mar 2025 1037.1179215660534 0.41 4.47
Apr 2025 1045.606514593264 0.82 4.84
May 2025 1053.6362105416379 0.77 5.25
Jun 2025 1067.1791269741652 1.29 6.39
Jul 2025 1073.4391266428847 0.59 6.41
Aug 2025 1076.234754308377 0.26 5.90
Sep 2025 1067.5464692482378 -0.81 2.54
Oct 2025 1072.8148390104127 0.49 2.10
Nov 2025 1086.1149627988368 1.24 3.22
Dec 2025 1121.0135229601694 3.21 9.22
Jan 2026 1142.6294216145561 1.93 11.71
Feb 2026 1152.8194444444443 0.89 11.61