Zip Code: 53703 (Madison, Wisconsin) - 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 53703 Zip Code (Madison, Wisconsin) in February 2026 was $1,682.073. The month over month percentage change (MoM) was -0.01%, and the year over year percentage change (YoY) was 1.43%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 53703 zip code (Madison, Wisconsin). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 53703 zip code (Madison, Wisconsin).

You can see similar information for other Wisconsin 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: 53703 (Madison, Wisconsin) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 53703 (Madison, Wisconsin) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 1087.4082435974449 Infinity Infinity
Nov 2016 1095.0339384381273 0.70 Infinity
Dec 2016 1123.885364805846 2.64 Infinity
Jan 2017 1126.0575432435078 0.19 Infinity
Feb 2017 1128.4021182969962 0.21 Infinity
Mar 2017 1150.7095816196095 1.98 Infinity
Apr 2017 1142.3502577372303 -0.73 Infinity
May 2017 1149.7242015555862 0.65 Infinity
Jun 2017 1125.4209744714221 -2.11 Infinity
Jul 2017 1136.0375079860228 0.94 Infinity
Aug 2017 1148.2896539183398 1.08 Infinity
Sep 2017 1165.804182303645 1.53 Infinity
Oct 2017 1175.2402856917222 0.81 8.08
Nov 2017 1150.9113667350073 -2.07 5.10
Dec 2017 1145.756170646528 -0.45 1.95
Jan 2018 1133.0755714623836 -1.11 0.62
Feb 2018 1137.1414078653465 0.36 0.77
Mar 2018 1137.4504796934657 0.03 -1.15
Apr 2018 1145.0020176977553 0.66 0.23
May 2018 1142.4217867891766 -0.22 -0.63
Jun 2018 1150.0753762757477 0.67 2.19
Jul 2018 1143.2284817294073 -0.59 0.63
Aug 2018 1141.3217399090868 -0.17 -0.61
Sep 2018 1141.6699076065674 0.03 -2.07
Oct 2018 1157.7433132810431 1.41 -1.49
Nov 2018 1188.03167456689 2.62 3.23
Dec 2018 1187.2363118697215 -0.07 3.62
Jan 2019 1192.9115071905262 0.48 5.28
Feb 2019 1189.5289921045865 -0.28 4.61
Mar 2019 1190.7545946215664 0.10 4.69
Apr 2019 1194.007640066644 0.27 4.28
May 2019 1200.6026734732413 0.55 5.09
Jun 2019 1205.966493834588 0.45 4.86
Jul 2019 1213.3689640339392 0.61 6.14
Aug 2019 1215.6847281171079 0.19 6.52
Sep 2019 1220.1439446026277 0.37 6.87
Oct 2019 1209.4150778297637 -0.88 4.46
Nov 2019 1202.3133789658118 -0.59 1.20
Dec 2019 1205.5623136727852 0.27 1.54
Jan 2020 1213.1456822847852 0.63 1.70
Feb 2020 1218.8485577600989 0.47 2.47
Mar 2020 1232.2343208105463 1.10 3.48
Apr 2020 1232.4894753028348 0.02 3.22
May 2020 1233.679120507561 0.10 2.76
Jun 2020 1229.277434783685 -0.36 1.93
Jul 2020 1225.227399890669 -0.33 0.98
Aug 2020 1234.7601992190753 0.78 1.57
Sep 2020 1222.5088744579944 -0.99 0.19
Oct 2020 1220.9784445052392 -0.12 0.96
Nov 2020 1221.9156536589114 0.08 1.63
Dec 2020 1235.192899637149 1.09 2.46
Jan 2021 1237.8620363630182 0.22 2.04
Feb 2021 1236.7026946595215 -0.09 1.47
Mar 2021 1242.4695750891465 0.47 0.83
Apr 2021 1261.488882957293 1.53 2.35
May 2021 1264.8756178164117 0.27 2.53
Jun 2021 1272.1276187251299 0.57 3.49
Jul 2021 1265.6540078723951 -0.51 3.30
Aug 2021 1263.2803242196542 -0.19 2.31
Sep 2021 1280.280363162928 1.35 4.73
Oct 2021 1285.2970257054103 0.39 5.27
Nov 2021 1288.8831244820649 0.28 5.48
Dec 2021 1272.6819869181345 -1.26 3.04
Jan 2022 1291.168977626478 1.45 4.31
Feb 2022 1306.4334660671316 1.18 5.64
Mar 2022 1319.9284066184343 1.03 6.23
Apr 2022 1313.2056462823957 -0.51 4.10
May 2022 1319.2696242289626 0.46 4.30
Jun 2022 1337.6136603598306 1.39 5.15
Jul 2022 1357.491282640762 1.49 7.26
Aug 2022 1369.7939098789739 0.91 8.43
Sep 2022 1367.6872777379383 -0.15 6.83
Oct 2022 1380.616431314386 0.95 7.42
Nov 2022 1395.1064219337297 1.05 8.24
Dec 2022 1412.601198772616 1.25 10.99
Jan 2023 1416.5441720369836 0.28 9.71
Feb 2023 1423.8945375231795 0.52 8.99
Mar 2023 1439.2013128201331 1.08 9.04
Apr 2023 1458.9588724992084 1.37 11.10
May 2023 1476.6778159724695 1.21 11.93
Jun 2023 1475.2867095528202 -0.09 10.29
Jul 2023 1503.6969345771972 1.93 10.77
Aug 2023 1520.5699948936187 1.12 11.01
Sep 2023 1549.1969826076183 1.88 13.27
Oct 2023 1540.2006381351794 -0.58 11.56
Nov 2023 1552.3649176768781 0.79 11.27
Dec 2023 1571.2976595570192 1.22 11.23
Jan 2024 1577.558043923259 0.40 11.37
Feb 2024 1583.6682875304355 0.39 11.22
Mar 2024 1583.24955580978 -0.03 10.01
Apr 2024 1595.4752520429495 0.77 9.36
May 2024 1607.0195465639538 0.72 8.83
Jun 2024 1617.2310822454454 0.64 9.62
Jul 2024 1599.0451060716518 -1.12 6.34
Aug 2024 1590.5796260825232 -0.53 4.60
Sep 2024 1588.8627854309677 -0.11 2.56
Oct 2024 1621.081708433801 2.03 5.25
Nov 2024 1632.413191337452 0.70 5.16
Dec 2024 1646.9431065920928 0.89 4.81
Jan 2025 1652.428003438967 0.33 4.75
Feb 2025 1658.286133464148 0.36 4.71
Mar 2025 1669.1322150784802 0.65 5.42
Apr 2025 1670.9528460780418 0.11 4.73
May 2025 1670.9703750709873 0.00 3.98
Jun 2025 1678.2196856669718 0.43 3.77
Jul 2025 1691.0610969218058 0.77 5.75
Aug 2025 1703.53811867223 0.74 7.10
Sep 2025 1706.1600531636473 0.15 7.38
Oct 2025 1696.7185817362208 -0.55 4.67
Nov 2025 1691.9198537050988 -0.28 3.65
Dec 2025 1680.0323965372831 -0.70 2.01
Jan 2026 1682.1883619547546 0.13 1.80
Feb 2026 1682.0732563115105 -0.01 1.43