Zip Code: 70124 (New Orleans, Louisiana) - 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 70124 Zip Code (New Orleans, Louisiana) in February 2026 was $1,876.458. The month over month percentage change (MoM) was -0.10%, and the year over year percentage change (YoY) was 0.24%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 70124 zip code (New Orleans, Louisiana). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 70124 zip code (New Orleans, Louisiana).

You can see similar information for other Louisiana 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: 70124 (New Orleans, Louisiana) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 70124 (New Orleans, Louisiana) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 1396.6709680952556 Infinity Infinity
Feb 2017 0 -100.00 NaN
Mar 2017 1359.6761992839329 Infinity Infinity
Apr 2017 1323.9987130112065 -2.62 Infinity
May 2017 1342.5013114313008 1.40 Infinity
Jun 2017 1329.359019355657 -0.98 Infinity
Jul 2017 1348.1666281718215 1.42 Infinity
Aug 2017 1355.6346856705018 0.55 Infinity
Sep 2017 1386.7344535281932 2.29 Infinity
Oct 2017 1373.3501627977816 -0.96 Infinity
Nov 2017 1371.162915739035 -0.16 Infinity
Dec 2017 1363.2895163732792 -0.57 Infinity
Jan 2018 1370.074591716958 0.50 -1.90
Feb 2018 1371.1533574285386 0.08 Infinity
Mar 2018 1388.8933705735603 1.29 2.15
Apr 2018 1398.7079692794314 0.71 5.64
May 2018 1381.2494806627992 -1.25 2.89
Jun 2018 1376.7368698378516 -0.33 3.56
Jul 2018 1372.0900631967313 -0.34 1.78
Aug 2018 1377.4703993071792 0.39 1.61
Sep 2018 1370.8925024748744 -0.48 -1.14
Oct 2018 1376.0816768445775 0.38 0.20
Nov 2018 1393.9236744181915 1.30 1.66
Dec 2018 1393.5964052602135 -0.02 2.22
Jan 2019 1395.5067299605794 0.14 1.86
Feb 2019 1394.9436102772045 -0.04 1.74
Mar 2019 1406.558484443101 0.83 1.27
Apr 2019 1431.391463247569 1.77 2.34
May 2019 1441.163056285929 0.68 4.34
Jun 2019 1452.2082516332002 0.77 5.48
Jul 2019 1451.2394039435399 -0.07 5.77
Aug 2019 1450.0278764116997 -0.08 5.27
Sep 2019 1447.478670857288 -0.18 5.59
Oct 2019 1452.9506685487079 0.38 5.59
Nov 2019 1444.7218618966292 -0.57 3.64
Dec 2019 1446.8608872897285 0.15 3.82
Jan 2020 1440.585401950188 -0.43 3.23
Feb 2020 1444.7761575038855 0.29 3.57
Mar 2020 1460.1890134292307 1.07 3.81
Apr 2020 1452.1684778204885 -0.55 1.45
May 2020 1469.4571705189592 1.19 1.96
Jun 2020 1484.7609797141458 1.04 2.24
Jul 2020 1488.363051797877 0.24 2.56
Aug 2020 1480.4829996820195 -0.53 2.10
Sep 2020 1495.957231989587 1.05 3.35
Oct 2020 1520.0044103709865 1.61 4.62
Nov 2020 1519.423849909605 -0.04 5.17
Dec 2020 1511.0155497186104 -0.55 4.43
Jan 2021 1485.098683856114 -1.71 3.09
Feb 2021 1495.945421021863 0.73 3.54
Mar 2021 1502.4575192078141 0.44 2.90
Apr 2021 1516.9268487016611 0.96 4.46
May 2021 1534.8161742355705 1.18 4.45
Jun 2021 1533.1617191393823 -0.11 3.26
Jul 2021 1554.022027068385 1.36 4.41
Aug 2021 1566.899208255484 0.83 5.84
Sep 2021 1613.274419473941 2.96 7.84
Oct 2021 1635.6395749400067 1.39 7.61
Nov 2021 1666.1303040539215 1.86 9.65
Dec 2021 1683.8438704807643 1.06 11.44
Jan 2022 1704.2159410811657 1.21 14.75
Feb 2022 1720.5598289161962 0.96 15.02
Mar 2022 1738.7784328613893 1.06 15.73
Apr 2022 1748.4461113233094 0.56 15.26
May 2022 1722.9685457465648 -1.46 12.26
Jun 2022 1725.2851830512852 0.13 12.53
Jul 2022 1723.2824712223426 -0.12 10.89
Aug 2022 1750.958173141311 1.61 11.75
Sep 2022 1741.2742268937566 -0.55 7.93
Oct 2022 1751.3449871905755 0.58 7.07
Nov 2022 1741.193747361551 -0.58 4.51
Dec 2022 1727.636232050365 -0.78 2.60
Jan 2023 1723.647283900628 -0.23 1.14
Feb 2023 1738.839882782865 0.88 1.06
Mar 2023 1747.411153386173 0.49 0.50
Apr 2023 1761.7545927015767 0.82 0.76
May 2023 1762.4865037356324 0.04 2.29
Jun 2023 1775.6363305971686 0.75 2.92
Jul 2023 1790.428417443376 0.83 3.90
Aug 2023 1796.5211529251555 0.34 2.60
Sep 2023 1796.895722281176 0.02 3.19
Oct 2023 1773.546660557472 -1.30 1.27
Nov 2023 1791.910671533949 1.03 2.91
Dec 2023 1811.9473008625828 1.12 4.88
Jan 2024 1830.5361266564378 1.03 6.20
Feb 2024 1825.5005532146074 -0.28 4.98
Mar 2024 1820.8149408744503 -0.26 4.20
Apr 2024 1835.6786423993278 0.82 4.20
May 2024 1853.9386884804385 1.00 5.19
Jun 2024 1846.0302947327223 -0.43 3.96
Jul 2024 1839.6141099171691 -0.35 2.75
Aug 2024 1829.5058472619744 -0.55 1.84
Sep 2024 1826.7772720734454 -0.15 1.66
Oct 2024 1835.536587351333 0.48 3.50
Nov 2024 1836.7359014729695 0.07 2.50
Dec 2024 1854.4093714645574 0.96 2.34
Jan 2025 1868.6192897725464 0.77 2.08
Feb 2025 1872.000292148646 0.18 2.55
Mar 2025 1880.8061788378545 0.47 3.30
Apr 2025 1872.1800520094798 -0.46 1.99
May 2025 1873.8695341015875 0.09 1.08
Jun 2025 1883.466946528434 0.51 2.03
Jul 2025 1890.5123716234098 0.37 2.77
Aug 2025 1897.8167296857587 0.39 3.73
Sep 2025 1908.0041990892341 0.54 4.45
Oct 2025 1916.441524538846 0.44 4.41
Nov 2025 1912.7384547719369 -0.19 4.14
Dec 2025 1895.2716163858634 -0.91 2.20
Jan 2026 1878.325550965806 -0.89 0.52
Feb 2026 1876.4583333333333 -0.10 0.24