Zip Code: 48073 (Royal Oak, Michigan) - 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 48073 Zip Code (Royal Oak, Michigan) in February 2026 was $1,753.825. The month over month percentage change (MoM) was -0.31%, and the year over year percentage change (YoY) was 2.01%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 48073 zip code (Royal Oak, Michigan). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 48073 zip code (Royal Oak, Michigan).

You can see similar information for other Michigan 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: 48073 (Royal Oak, Michigan) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 48073 (Royal Oak, Michigan) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1031.3365470869842 NaN NaN
Feb 2015 1057.8782603002824 2.57 NaN
Mar 2015 1065.4685037269574 0.72 NaN
Apr 2015 1064.9488905028388 -0.05 NaN
May 2015 1056.148274302644 -0.83 NaN
Jun 2015 1050.4232903416637 -0.54 NaN
Jul 2015 1063.6201234927441 1.26 NaN
Aug 2015 1064.0001233103667 0.04 NaN
Sep 2015 1070.3470049587077 0.60 NaN
Oct 2015 1060.5781169357904 -0.91 NaN
Nov 2015 1073.46254964725 1.22 NaN
Dec 2015 1081.7482660172495 0.77 NaN
Jan 2016 1090.45514100452 0.81 5.73
Feb 2016 1089.27416020818 -0.11 2.97
Mar 2016 1090.659936470194 0.13 2.36
Apr 2016 1105.8829530495375 1.40 3.84
May 2016 1112.489953395481 0.60 5.34
Jun 2016 1119.1000890398082 0.59 6.54
Jul 2016 1118.3372003866284 -0.07 5.14
Aug 2016 1127.47255851986 0.82 5.97
Sep 2016 1121.7925274516151 -0.50 4.81
Oct 2016 1133.42566774802 1.04 6.87
Nov 2016 1128.17287455847 -0.46 5.10
Dec 2016 1131.1571785200395 0.27 4.57
Jan 2017 1135.2003543175906 0.36 4.10
Feb 2017 1143.049557779134 0.69 4.94
Mar 2017 1152.3964582918125 0.82 5.66
Apr 2017 1151.1352745906133 -0.11 4.09
May 2017 1160.7974957623737 0.84 4.34
Jun 2017 1171.42712828716 0.92 4.68
Jul 2017 1188.5994130562901 1.47 6.28
Aug 2017 1204.3608162485887 1.33 6.82
Sep 2017 1214.4304552839599 0.84 8.26
Oct 2017 1218.9733815581176 0.37 7.55
Nov 2017 1222.6343960404936 0.30 8.37
Dec 2017 1226.8506340395345 0.35 8.46
Jan 2018 1212.4600961145732 -1.17 6.81
Feb 2018 1204.867087541609 -0.63 5.41
Mar 2018 1215.1062791854033 0.85 5.44
Apr 2018 1230.0619539664078 1.23 6.86
May 2018 1220.4980649644933 -0.78 5.14
Jun 2018 1216.3899491587117 -0.34 3.84
Jul 2018 1218.4848361286947 0.17 2.51
Aug 2018 1228.9407060369147 0.86 2.04
Sep 2018 1246.0094083436209 1.39 2.60
Oct 2018 1255.2890399317055 0.75 2.98
Nov 2018 1263.6033054627264 0.66 3.35
Dec 2018 1262.8160207694852 -0.06 2.93
Jan 2019 1296.1629066481403 2.64 6.90
Feb 2019 1289.173049750608 -0.54 7.00
Mar 2019 1288.9356888231048 -0.02 6.08
Apr 2019 1287.5129378719748 -0.11 4.67
May 2019 1302.0189706707604 1.13 6.68
Jun 2019 1312.0623225040076 0.77 7.87
Jul 2019 1314.914146349658 0.22 7.91
Aug 2019 1310.1876641663353 -0.36 6.61
Sep 2019 1306.5067378701915 -0.28 4.86
Oct 2019 1308.6583928984962 0.17 4.25
Nov 2019 1314.9163468728302 0.48 4.06
Dec 2019 1326.2890472916201 0.87 5.03
Jan 2020 1319.7630650647707 -0.49 1.82
Feb 2020 1340.7778403278292 1.59 4.00
Mar 2020 1348.003932674675 0.54 4.58
Apr 2020 1332.502528941724 -1.15 3.49
May 2020 1306.7413303751778 -1.93 0.36
Jun 2020 1309.0880913803533 0.18 -0.23
Jul 2020 1336.2128713919208 2.07 1.62
Aug 2020 1340.3273059283842 0.31 2.30
Sep 2020 1344.4365142325353 0.31 2.90
Oct 2020 1342.7184271038275 -0.13 2.60
Nov 2020 1348.8740279557367 0.46 2.58
Dec 2020 1380.274562025891 2.33 4.07
Jan 2021 1381.0694622535746 0.06 4.64
Feb 2021 1391.5875821532045 0.76 3.79
Mar 2021 1377.7652816570826 -0.99 2.21
Apr 2021 1405.8096749393708 2.04 5.50
May 2021 1420.614687178966 1.05 8.71
Jun 2021 1433.1561054063677 0.88 9.48
Jul 2021 1429.4478179472449 -0.26 6.98
Aug 2021 1450.626411827609 1.48 8.23
Sep 2021 1469.3915364410204 1.29 9.29
Oct 2021 1483.5969022693866 0.97 10.49
Nov 2021 1497.8092539571003 0.96 11.04
Dec 2021 1490.483144238481 -0.49 7.99
Jan 2022 1509.1487244239588 1.25 9.27
Feb 2022 1487.399164182351 -1.44 6.89
Mar 2022 1503.488436700259 1.08 9.13
Apr 2022 1503.5522425049248 0.00 6.95
May 2022 1526.3732853015908 1.52 7.45
Jun 2022 1553.2613824378857 1.76 8.38
Jul 2022 1556.231029613143 0.19 8.87
Aug 2022 1561.2112387241139 0.32 7.62
Sep 2022 1551.1850732563098 -0.64 5.57
Oct 2022 1543.7068986238132 -0.48 4.05
Nov 2022 1545.958066694948 0.15 3.22
Dec 2022 1554.6671803354714 0.56 4.31
Jan 2023 1564.0942152851248 0.61 3.64
Feb 2023 1578.388008324205 0.91 6.12
Mar 2023 1588.3572108241956 0.63 5.65
Apr 2023 1609.021777884727 1.30 7.02
May 2023 1610.956185194017 0.12 5.54
Jun 2023 1602.4123796900299 -0.53 3.16
Jul 2023 1622.9215041055968 1.28 4.29
Aug 2023 1630.9039657082128 0.49 4.46
Sep 2023 1641.2068066390054 0.63 5.80
Oct 2023 1634.6143798677097 -0.40 5.89
Nov 2023 1636.5824781787364 0.12 5.86
Dec 2023 1647.8882817888773 0.69 6.00
Jan 2024 1655.2297716841033 0.45 5.83
Feb 2024 1677.249164640783 1.33 6.26
Mar 2024 1673.4184436504406 -0.23 5.36
Apr 2024 1662.4884498735432 -0.65 3.32
May 2024 1655.2063745158493 -0.44 2.75
Jun 2024 1662.5098280502534 0.44 3.75
Jul 2024 1675.825986743889 0.80 3.26
Aug 2024 1684.4973780856471 0.52 3.29
Sep 2024 1702.9867503494645 1.10 3.76
Oct 2024 1719.9248402600501 1.00 5.22
Nov 2024 1723.3621852816507 0.20 5.30
Dec 2024 1739.723900021474 0.95 5.57
Jan 2025 1718.6093968451205 -1.21 3.83
Feb 2025 1719.2561847109787 0.04 2.51
Mar 2025 1728.4521449646697 0.54 3.29
Apr 2025 1739.4474604939862 0.64 4.63
May 2025 1752.198958905055 0.73 5.86
Jun 2025 1757.8819133445677 0.32 5.74
Jul 2025 1749.4156472869527 -0.48 4.39
Aug 2025 1749.189687049708 -0.01 3.84
Sep 2025 1742.737463213956 -0.37 2.33
Oct 2025 1744.8477927407773 0.12 1.45
Nov 2025 1750.5408092802693 0.33 1.58
Dec 2025 1740.624927213236 -0.57 0.05
Jan 2026 1759.2894317654614 1.07 2.37
Feb 2026 1753.8253968253969 -0.31 2.01