Zip Code: 55124 (Apple Valley, 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 55124 Zip Code (Apple Valley, Minnesota) in February 2026 was $1,965.271. The month over month percentage change (MoM) was -0.17%, and the year over year percentage change (YoY) was 3.30%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 55124 zip code (Apple Valley, Minnesota). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 55124 zip code (Apple Valley, 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: 55124 (Apple Valley, Minnesota) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 55124 (Apple Valley, Minnesota) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 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 1376.762574092305 Infinity Infinity
Mar 2018 1363.095158504543 -0.99 Infinity
Apr 2018 1378.075443989636 1.10 Infinity
May 2018 1361.1541735050375 -1.23 Infinity
Jun 2018 1364.9193061041542 0.28 Infinity
Jul 2018 1374.57409231735 0.71 Infinity
Aug 2018 1405.1836779624266 2.23 Infinity
Sep 2018 1415.9966771627887 0.77 Infinity
Oct 2018 1421.6953637411837 0.40 Infinity
Nov 2018 1422.2239696600093 0.04 Infinity
Dec 2018 1412.464860040203 -0.69 Infinity
Jan 2019 1413.4231045449515 0.07 Infinity
Feb 2019 1427.1672604359926 0.97 3.66
Mar 2019 1448.6591341979536 1.51 6.28
Apr 2019 1446.8493913423063 -0.12 4.99
May 2019 1464.5854650462056 1.23 7.60
Jun 2019 1465.3999376254988 0.06 7.36
Jul 2019 1470.4322118720936 0.34 6.97
Aug 2019 1462.7492871429426 -0.52 4.10
Sep 2019 1467.6571981379402 0.34 3.65
Oct 2019 1468.222663595902 0.04 3.27
Nov 2019 1470.9220862105528 0.18 3.42
Dec 2019 1488.5851983250013 1.20 5.39
Jan 2020 1510.8905311852157 1.50 6.90
Feb 2020 1517.309729523181 0.43 6.32
Mar 2020 1519.768981172324 0.16 4.91
Apr 2020 1519.4552843121419 -0.02 5.02
May 2020 1538.8597201491473 1.28 5.07
Jun 2020 1540.7369268938523 0.12 5.14
Jul 2020 1555.3047251932348 0.95 5.77
Aug 2020 1553.9923233624088 -0.08 6.24
Sep 2020 1565.517116322221 0.74 6.67
Oct 2020 1564.0927072438221 -0.09 6.53
Nov 2020 1569.643827057749 0.36 6.71
Dec 2020 1572.9907731940543 0.21 5.67
Jan 2021 1587.790778481688 0.94 5.09
Feb 2021 1600.532122010137 0.80 5.49
Mar 2021 1597.964263127701 -0.16 5.15
Apr 2021 1597.0970474576054 -0.05 5.11
May 2021 1596.9454027749237 -0.01 3.78
Jun 2021 1609.1974723885228 0.77 4.44
Jul 2021 1624.8576195378992 0.97 4.47
Aug 2021 1649.8433214466131 1.54 6.17
Sep 2021 1665.142404713907 0.93 6.36
Oct 2021 1683.2809782004674 1.09 7.62
Nov 2021 1692.2303352745805 0.53 7.81
Dec 2021 1710.2316739911148 1.06 8.73
Jan 2022 1704.3317208148987 -0.34 7.34
Feb 2022 1702.961222917899 -0.08 6.40
Mar 2022 1697.8007392850277 -0.30 6.25
Apr 2022 1709.773941052785 0.71 7.06
May 2022 1723.9248210533062 0.83 7.95
Jun 2022 1725.8130272081103 0.11 7.25
Jul 2022 1728.0528417789203 0.13 6.35
Aug 2022 1729.2171535052205 0.07 4.81
Sep 2022 1731.1113624637937 0.11 3.96
Oct 2022 1739.57230924555 0.49 3.34
Nov 2022 1745.991753377998 0.37 3.18
Dec 2022 1758.0067527623412 0.69 2.79
Jan 2023 1760.3669383914244 0.13 3.29
Feb 2023 1772.145516615372 0.67 4.06
Mar 2023 1782.6580480386801 0.59 5.00
Apr 2023 1802.4898502112294 1.11 5.42
May 2023 1797.814846721849 -0.26 4.29
Jun 2023 1799.4097881101347 0.09 4.26
Jul 2023 1801.9870820549877 0.14 4.28
Aug 2023 1812.718095434568 0.60 4.83
Sep 2023 1824.1085649294416 0.63 5.37
Oct 2023 1818.7200282028198 -0.29 4.55
Nov 2023 1820.8369446632591 0.12 4.29
Dec 2023 1818.0161326150178 -0.15 3.41
Jan 2024 1827.6217919842202 0.53 3.82
Feb 2024 1838.6120008096711 0.60 3.75
Mar 2024 1844.7634963158057 0.34 3.48
Apr 2024 1842.6518922103783 -0.11 2.23
May 2024 1846.8724629483277 0.23 2.73
Jun 2024 1862.9891541687552 0.87 3.53
Jul 2024 1873.4218479489662 0.56 3.96
Aug 2024 1872.9713927760326 -0.02 3.32
Sep 2024 1862.5266723565821 -0.56 2.11
Oct 2024 1875.4102130691965 0.69 3.12
Nov 2024 1874.7178281788933 -0.04 2.96
Dec 2024 1885.5550036583118 0.58 3.72
Jan 2025 1892.3011959139037 0.36 3.54
Feb 2025 1902.518836631997 0.54 3.48
Mar 2025 1908.2246186749755 0.30 3.44
Apr 2025 1911.961856397874 0.20 3.76
May 2025 1922.2997877829905 0.54 4.08
Jun 2025 1922.2465090148492 0.00 3.18
Jul 2025 1925.969732376636 0.19 2.81
Aug 2025 1933.8094314639857 0.41 3.25
Sep 2025 1949.0586313409988 0.79 4.65
Oct 2025 1952.70460312118 0.19 4.12
Nov 2025 1963.6997586015439 0.56 4.75
Dec 2025 1966.4554808332011 0.14 4.29
Jan 2026 1968.6850471782022 0.11 4.04
Feb 2026 1965.2714285714285 -0.17 3.30