Zip Code: 55104 (Saint Paul, Minnesota) - 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 55104 Zip Code (Saint Paul, Minnesota) in February 2026 was $1,534.409. The month over month percentage change (MoM) was 0.14%, and the year over year percentage change (YoY) was 4.13%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 55104 zip code (Saint Paul, Minnesota). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 55104 zip code (Saint Paul, Minnesota).

You can see similar information for other Minnesota 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: 55104 (Saint Paul, Minnesota) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 55104 (Saint Paul, Minnesota) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 970.8605667126966 NaN NaN
Feb 2015 955.6945738969598 -1.56 NaN
Mar 2015 956.4813583941414 0.08 NaN
Apr 2015 958.2806170834806 0.19 NaN
May 2015 991.1220823234936 3.43 NaN
Jun 2015 990.127428472695 -0.10 NaN
Jul 2015 988.5023585641699 -0.16 NaN
Aug 2015 986.705849213931 -0.18 NaN
Sep 2015 981.6067681844742 -0.52 NaN
Oct 2015 995.256759876626 1.39 NaN
Nov 2015 1008.0520246602057 1.29 NaN
Dec 2015 1030.491933984488 2.23 NaN
Jan 2016 1025.8243453304856 -0.45 5.66
Feb 2016 1037.9857438984923 1.19 8.61
Mar 2016 1017.4433938129739 -1.98 6.37
Apr 2016 1041.4039773147604 2.36 8.67
May 2016 1028.0177292788635 -1.28 3.72
Jun 2016 1052.5725574890287 2.39 6.31
Jul 2016 1050.177839883953 -0.23 6.24
Aug 2016 1063.14023647221 1.23 7.75
Sep 2016 1077.4857595490735 1.35 9.77
Oct 2016 1084.0528341374277 0.61 8.92
Nov 2016 1070.381938892623 -1.26 6.18
Dec 2016 1052.3003283283056 -1.69 2.12
Jan 2017 1060.8257517255902 0.81 3.41
Feb 2017 1079.5636249561292 1.77 4.01
Mar 2017 1109.8735101463826 2.81 9.09
Apr 2017 1101.4845700611108 -0.76 5.77
May 2017 1106.3294115630079 0.44 7.62
Jun 2017 1107.5763818096004 0.11 5.23
Jul 2017 1126.785656177495 1.73 7.30
Aug 2017 1131.0864201587765 0.38 6.39
Sep 2017 1138.3060794015234 0.64 5.65
Oct 2017 1122.2572355396078 -1.41 3.52
Nov 2017 1131.0909592352052 0.79 5.67
Dec 2017 1134.3364749857078 0.29 7.80
Jan 2018 1161.6326796528724 2.41 9.50
Feb 2018 1164.9649999619353 0.29 7.91
Mar 2018 1166.863277552744 0.16 5.14
Apr 2018 1163.57973025881 -0.28 5.64
May 2018 1171.3765919834073 0.67 5.88
Jun 2018 1170.9002834522116 -0.04 5.72
Jul 2018 1175.9639065924032 0.43 4.36
Aug 2018 1176.2575958891625 0.03 3.99
Sep 2018 1185.9540066659365 0.82 4.19
Oct 2018 1197.9792289553784 1.01 6.75
Nov 2018 1201.8458165494067 0.32 6.26
Dec 2018 1201.1690751026172 -0.06 5.89
Jan 2019 1198.5660147836356 -0.22 3.18
Feb 2019 1211.7272818121794 1.10 4.01
Mar 2019 1213.7632925587948 0.17 4.02
Apr 2019 1229.7533346759092 1.32 5.69
May 2019 1237.7745920120642 0.65 5.67
Jun 2019 1247.0123721190268 0.75 6.50
Jul 2019 1248.7623441816843 0.14 6.19
Aug 2019 1258.771071189635 0.80 7.02
Sep 2019 1259.5863319849627 0.07 6.21
Oct 2019 1271.6033381122115 0.95 6.15
Nov 2019 1281.888966109244 0.81 6.66
Dec 2019 1299.7558705965548 1.39 8.21
Jan 2020 1301.4817803830863 0.13 8.59
Feb 2020 1300.2360137486712 -0.10 7.30
Mar 2020 1276.8516442121013 -1.80 5.20
Apr 2020 1280.3488803897146 0.27 4.11
May 2020 1284.0373244132638 0.29 3.74
Jun 2020 1289.11340446757 0.40 3.38
Jul 2020 1286.6804330592588 -0.19 3.04
Aug 2020 1290.6656629104746 0.31 2.53
Sep 2020 1299.1911626176409 0.66 3.14
Oct 2020 1328.2016960250576 2.23 4.45
Nov 2020 1323.0873501188826 -0.38 3.21
Dec 2020 1311.0505410716607 -0.91 0.87
Jan 2021 1289.9319354147617 -1.61 -0.89
Feb 2021 1299.9457133343099 0.78 -0.02
Mar 2021 1310.4100757391718 0.81 2.63
Apr 2021 1323.2282941104265 0.98 3.35
May 2021 1326.9694398942581 0.28 3.34
Jun 2021 1337.2642553330434 0.78 3.74
Jul 2021 1337.223923509623 0.00 3.93
Aug 2021 1348.8074158365775 0.87 4.51
Sep 2021 1353.4179190144228 0.34 4.17
Oct 2021 1353.5495724451127 0.01 1.91
Nov 2021 1354.3143983820728 0.06 2.36
Dec 2021 1366.8610794471392 0.93 4.26
Jan 2022 1390.386560169268 1.72 7.79
Feb 2022 1402.6468653183135 0.88 7.90
Mar 2022 1407.5788483051724 0.35 7.42
Apr 2022 1392.867963589882 -1.04 5.26
May 2022 1388.6397666996668 -0.30 4.65
Jun 2022 1385.0445959093304 -0.26 3.57
Jul 2022 1395.723922498845 0.77 4.38
Aug 2022 1394.7237095481264 -0.07 3.40
Sep 2022 1399.645955935271 0.35 3.42
Oct 2022 1392.918281401875 -0.48 2.91
Nov 2022 1397.8316653562429 0.35 3.21
Dec 2022 1397.8769899456117 0.00 2.27
Jan 2023 1393.6608332575634 -0.30 0.24
Feb 2023 1391.9611654277348 -0.12 -0.76
Mar 2023 1390.619749299896 -0.10 -1.20
Apr 2023 1395.9704622725553 0.39 0.22
May 2023 1402.1843105130808 0.45 0.98
Jun 2023 1402.7476174558333 0.04 1.28
Jul 2023 1408.7038461157204 0.43 0.93
Aug 2023 1408.583271955918 -0.01 0.99
Sep 2023 1403.4223672070532 -0.37 0.27
Oct 2023 1404.8201669228124 0.10 0.85
Nov 2023 1404.539491201672 -0.02 0.48
Dec 2023 1399.5805101191534 -0.35 0.12
Jan 2024 1398.5002017052877 -0.08 0.35
Feb 2024 1409.4558263756815 0.78 1.26
Mar 2024 1422.3582676821788 0.92 2.28
Apr 2024 1439.3222383391778 1.19 3.11
May 2024 1441.1696464598335 0.13 2.78
Jun 2024 1442.0356943414135 0.06 2.80
Jul 2024 1442.4850515297583 0.03 2.40
Aug 2024 1435.5632415251396 -0.48 1.92
Sep 2024 1449.961985633273 1.00 3.32
Oct 2024 1451.4294731184464 0.10 3.32
Nov 2024 1462.474971335187 0.76 4.13
Dec 2024 1454.3813832131455 -0.55 3.92
Jan 2025 1468.041486868243 0.94 4.97
Feb 2025 1473.5336431333092 0.37 4.55
Mar 2025 1470.9504033686287 -0.17 3.42
Apr 2025 1466.3396377468023 -0.31 1.88
May 2025 1471.59556342932 0.36 2.11
Jun 2025 1480.4558984362868 0.60 2.66
Jul 2025 1484.7605220185021 0.29 2.93
Aug 2025 1500.0475972431661 1.03 4.49
Sep 2025 1500.5565178485579 0.03 3.49
Oct 2025 1510.662001304552 0.67 4.08
Nov 2025 1511.774386003188 0.07 3.37
Dec 2025 1530.9488125079426 1.27 5.27
Jan 2026 1532.2371034457826 0.08 4.37
Feb 2026 1534.4092592592594 0.14 4.13