Zip Code: 46268 (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 46268 Zip Code (Indianapolis, Indiana) in February 2026 was $1,452.637. The month over month percentage change (MoM) was -1.10%, and the year over year percentage change (YoY) was 2.30%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 46268 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 46268 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: 46268 (Indianapolis, Indiana) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 46268 (Indianapolis, Indiana) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 0 NaN NaN
Jan 2018 0 NaN NaN
Feb 2018 0 NaN NaN
Mar 2018 0 NaN NaN
Apr 2018 0 NaN NaN
May 2018 0 NaN NaN
Jun 2018 0 NaN NaN
Jul 2018 0 NaN NaN
Aug 2018 0 NaN NaN
Sep 2018 0 NaN NaN
Oct 2018 0 NaN NaN
Nov 2018 0 NaN NaN
Dec 2018 906.1365006318861 Infinity Infinity
Jan 2019 905.8350171231485 -0.03 Infinity
Feb 2019 915.0428084408609 1.02 Infinity
Mar 2019 920.2634539653602 0.57 Infinity
Apr 2019 929.963367745592 1.05 Infinity
May 2019 933.7737461674691 0.41 Infinity
Jun 2019 938.5174137930067 0.51 Infinity
Jul 2019 943.1649087491378 0.50 Infinity
Aug 2019 951.241831350577 0.86 Infinity
Sep 2019 954.1764287657286 0.31 Infinity
Oct 2019 957.9629424682622 0.40 Infinity
Nov 2019 965.212807690549 0.76 Infinity
Dec 2019 977.6854495330153 1.29 7.90
Jan 2020 982.3875099673518 0.48 8.45
Feb 2020 977.4887519450808 -0.50 6.82
Mar 2020 980.0363151896385 0.26 6.50
Apr 2020 979.6187083818529 -0.04 5.34
May 2020 993.415289822498 1.41 6.39
Jun 2020 1003.6570996585292 1.03 6.94
Jul 2020 1013.8341246067631 1.01 7.49
Aug 2020 1024.0575405299396 1.01 7.66
Sep 2020 1034.566553869998 1.03 8.43
Oct 2020 1038.2823617491538 0.36 8.38
Nov 2020 1029.1108515457408 -0.88 6.62
Dec 2020 1033.0185639998556 0.38 5.66
Jan 2021 1036.6515998593359 0.35 5.52
Feb 2021 1060.7283991567394 2.32 8.52
Mar 2021 1057.7544526784004 -0.28 7.93
Apr 2021 1065.7178030583982 0.75 8.79
May 2021 1068.0303752001732 0.22 7.51
Jun 2021 1065.829472847733 -0.21 6.20
Jul 2021 1082.1119255234225 1.53 6.74
Aug 2021 1075.972856014915 -0.57 5.07
Sep 2021 1092.957064808121 1.58 5.64
Oct 2021 1103.9874699846005 1.01 6.33
Nov 2021 1130.9310766866834 2.44 9.89
Dec 2021 1132.1084378284493 0.10 9.59
Jan 2022 1136.4656867335987 0.39 9.63
Feb 2022 1142.903972898674 0.57 7.75
Mar 2022 1168.6196283767622 2.25 10.48
Apr 2022 1187.516097523003 1.62 11.43
May 2022 1207.2903182378702 1.67 13.04
Jun 2022 1222.7492209488903 1.28 14.72
Jul 2022 1221.0959762551338 -0.13 12.84
Aug 2022 1229.4107052499435 0.68 14.26
Sep 2022 1227.4438346595182 -0.16 12.31
Oct 2022 1237.2723309218397 0.80 12.07
Nov 2022 1242.6015969765735 0.43 9.87
Dec 2022 1250.3459633948794 0.62 10.44
Jan 2023 1267.2272424791104 1.35 11.51
Feb 2023 1269.6498760421089 0.19 11.09
Mar 2023 1285.0107995611854 1.21 9.96
Apr 2023 1276.8925954046024 -0.63 7.53
May 2023 1275.352078609469 -0.12 5.64
Jun 2023 1273.756787786385 -0.12 4.17
Jul 2023 1284.234910127778 0.82 5.17
Aug 2023 1300.8664451728714 1.30 5.81
Sep 2023 1313.8346225483765 1.00 7.04
Oct 2023 1304.1420355859486 -0.74 5.41
Nov 2023 1293.3167932954652 -0.83 4.08
Dec 2023 1303.9396308836388 0.82 4.29
Jan 2024 1317.646792373433 1.05 3.98
Feb 2024 1342.0799234189758 1.85 5.71
Mar 2024 1335.6581492645375 -0.48 3.94
Apr 2024 1327.8478699706666 -0.58 3.99
May 2024 1324.7129008476884 -0.24 3.87
Jun 2024 1343.3786604310778 1.41 5.47
Jul 2024 1369.0766821124716 1.91 6.61
Aug 2024 1378.3502476616443 0.68 5.96
Sep 2024 1382.9016943212364 0.33 5.26
Oct 2024 1401.2561252280857 1.33 7.45
Nov 2024 1401.8648289987625 0.04 8.39
Dec 2024 1406.3029102946964 0.32 7.85
Jan 2025 1407.0770919991865 0.06 6.79
Feb 2025 1419.9295781351764 0.91 5.80
Mar 2025 1429.918129800215 0.70 7.06
Apr 2025 1453.8724658407791 1.68 9.49
May 2025 1470.2800333977182 1.13 10.99
Jun 2025 1468.990827276076 -0.09 9.35
Jul 2025 1458.0422276982272 -0.74 6.50
Aug 2025 1454.901789264335 -0.21 5.55
Sep 2025 1458.0495120537846 0.22 5.43
Oct 2025 1458.3637660417876 0.02 4.08
Nov 2025 1472.5610939643745 0.97 5.04
Dec 2025 1471.718312204621 -0.06 4.65
Jan 2026 1468.759035930046 -0.20 4.38
Feb 2026 1452.637037037037 -1.10 2.30