Zip Code: 49504 (Grand Rapids, 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 49504 Zip Code (Grand Rapids, Michigan) in February 2026 was $1,684.807. The month over month percentage change (MoM) was -0.44%, and the year over year percentage change (YoY) was 2.11%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 49504 zip code (Grand Rapids, Michigan). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 49504 zip code (Grand Rapids, 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: 49504 (Grand Rapids, Michigan) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 49504 (Grand Rapids, Michigan) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 791.6991781351053 NaN NaN
Feb 2015 798.9759970938351 0.92 NaN
Mar 2015 794.8431103901178 -0.52 NaN
Apr 2015 795.8210528261377 0.12 NaN
May 2015 796.2712074758316 0.06 NaN
Jun 2015 799.8634706469936 0.45 NaN
Jul 2015 806.1103062859899 0.78 NaN
Aug 2015 817.5361012948165 1.42 NaN
Sep 2015 826.6071900499732 1.11 NaN
Oct 2015 834.5963587583562 0.97 NaN
Nov 2015 831.4453590599276 -0.38 NaN
Dec 2015 843.877777611726 1.50 NaN
Jan 2016 842.662703819163 -0.14 6.44
Feb 2016 845.480416703366 0.33 5.82
Mar 2016 851.5098234282992 0.71 7.13
Apr 2016 864.8912013617131 1.57 8.68
May 2016 886.1504348809783 2.46 11.29
Jun 2016 911.2181813053263 2.83 13.92
Jul 2016 926.9657536036163 1.73 14.99
Aug 2016 929.7807052150516 0.30 13.73
Sep 2016 923.3893141063573 -0.69 11.71
Oct 2016 921.3600522782269 -0.22 10.40
Nov 2016 933.2781032722247 1.29 12.25
Dec 2016 939.5760500674539 0.68 11.34
Jan 2017 947.7091557893507 0.87 12.47
Feb 2017 957.5979218881173 1.04 13.26
Mar 2017 967.4327945347288 1.03 13.61
Apr 2017 980.3459560514017 1.34 13.35
May 2017 986.4328227609894 0.62 11.32
Jun 2017 983.6199643777088 -0.28 7.95
Jul 2017 980.2661314138711 -0.34 5.75
Aug 2017 972.2756951539079 -0.81 4.57
Sep 2017 981.1553549922422 0.91 6.26
Oct 2017 986.1577383885891 0.51 7.03
Nov 2017 991.2961318606917 0.52 6.22
Dec 2017 990.3602710222461 -0.09 5.41
Jan 2018 999.360704183702 0.91 5.45
Feb 2018 1013.579713760397 1.42 5.85
Mar 2018 1025.7530257785108 1.20 6.03
Apr 2018 1031.7315047986729 0.58 5.24
May 2018 1027.5566650399328 -0.40 4.17
Jun 2018 1025.7558150882978 -0.17 4.28
Jul 2018 1027.9743342696859 0.22 4.87
Aug 2018 1053.6812658511942 2.50 8.37
Sep 2018 1057.2351098327854 0.34 7.75
Oct 2018 1067.1992192277387 0.94 8.22
Nov 2018 1060.687396809075 -0.61 7.00
Dec 2018 1078.8470011862169 1.71 8.94
Jan 2019 1081.389078468341 0.24 8.21
Feb 2019 1080.0601285388736 -0.12 6.56
Mar 2019 1078.6216334052233 -0.13 5.15
Apr 2019 1078.7296420488576 0.01 4.56
May 2019 1088.6354122382222 0.92 5.94
Jun 2019 1100.3194856947532 1.07 7.27
Jul 2019 1111.228097710931 0.99 8.10
Aug 2019 1108.171845820708 -0.28 5.17
Sep 2019 1115.984498761677 0.71 5.56
Oct 2019 1119.4966417497994 0.32 4.90
Nov 2019 1132.8677049262164 1.19 6.81
Dec 2019 1130.6101691122412 -0.20 4.80
Jan 2020 1135.6716685041358 0.45 5.02
Feb 2020 1140.5679160774066 0.43 5.60
Mar 2020 1147.090017745854 0.57 6.35
Apr 2020 1147.950546391569 0.08 6.42
May 2020 1143.8924357398414 -0.35 5.08
Jun 2020 1153.4588179020418 0.84 4.83
Jul 2020 1158.6386936489105 0.45 4.27
Aug 2020 1156.8416769420003 -0.15 4.39
Sep 2020 1165.5188776354726 0.75 4.44
Oct 2020 1178.8417602469365 1.14 5.30
Nov 2020 1202.604071100379 2.02 6.16
Dec 2020 1216.2989724594613 1.14 7.58
Jan 2021 1218.1506925752756 0.15 7.26
Feb 2021 1218.3942179267342 0.02 6.82
Mar 2021 1230.8385708155263 1.02 7.30
Apr 2021 1238.6149758418017 0.63 7.90
May 2021 1249.6096186158031 0.89 9.24
Jun 2021 1253.416421103621 0.31 8.67
Jul 2021 1276.9228500548365 1.88 10.21
Aug 2021 1302.8882627900368 2.03 12.63
Sep 2021 1315.548411896604 0.97 12.87
Oct 2021 1308.2235589919915 -0.56 10.98
Nov 2021 1301.835124835747 -0.49 8.25
Dec 2021 1318.496723836751 1.28 8.40
Jan 2022 1342.1842494980456 1.80 10.18
Feb 2022 1368.26662493479 1.94 12.30
Mar 2022 1368.373951375506 0.01 11.17
Apr 2022 1390.5121739281544 1.62 12.26
May 2022 1391.6690267053787 0.08 11.37
Jun 2022 1412.9504968940848 1.53 12.73
Jul 2022 1413.062002072172 0.01 10.66
Aug 2022 1431.6774245414294 1.32 9.89
Sep 2022 1432.9238220642878 0.09 8.92
Oct 2022 1442.0162843804026 0.64 10.23
Nov 2022 1445.3719781841173 0.23 11.03
Dec 2022 1444.6238439132972 -0.05 9.57
Jan 2023 1457.4269883295974 0.89 8.59
Feb 2023 1453.9195487114393 -0.24 6.26
Mar 2023 1472.9666288474577 1.31 7.64
Apr 2023 1475.6054149843615 0.18 6.12
May 2023 1503.9786805161573 1.92 8.07
Jun 2023 1504.439092690807 0.03 6.48
Jul 2023 1518.9156689668714 0.96 7.49
Aug 2023 1518.7642048673342 -0.01 6.08
Sep 2023 1534.7356013531844 1.05 7.11
Oct 2023 1547.4948649685984 0.83 7.32
Nov 2023 1554.5197020402559 0.45 7.55
Dec 2023 1556.4073021861898 0.12 7.74
Jan 2024 1548.4754509932254 -0.51 6.25
Feb 2024 1557.8557115224662 0.61 7.15
Mar 2024 1570.830215925319 0.83 6.64
Apr 2024 1583.8159655257023 0.83 7.33
May 2024 1586.8931188038314 0.19 5.51
Jun 2024 1591.8577593031714 0.31 5.81
Jul 2024 1593.2365862168974 0.09 4.89
Aug 2024 1593.4580429662803 0.01 4.92
Sep 2024 1589.0112913649634 -0.28 3.54
Oct 2024 1592.975007546696 0.25 2.94
Nov 2024 1597.6521809747398 0.29 2.78
Dec 2024 1614.5659165117709 1.06 3.74
Jan 2025 1632.6524404230815 1.12 5.44
Feb 2025 1650.0095010092207 1.06 5.92
Mar 2025 1648.2529032699103 -0.11 4.93
Apr 2025 1649.7807866297987 0.09 4.17
May 2025 1649.7175574834491 0.00 3.96
Jun 2025 1657.9559109981847 0.50 4.15
Jul 2025 1665.4361338627584 0.45 4.53
Aug 2025 1676.62777618315 0.67 5.22
Sep 2025 1686.879488016149 0.61 6.16
Oct 2025 1690.2353063945989 0.20 6.11
Nov 2025 1696.25043960881 0.36 6.17
Dec 2025 1694.3159079253965 -0.11 4.94
Jan 2026 1692.2843102443665 -0.12 3.65
Feb 2026 1684.806763285024 -0.44 2.11