Zip Code: 76706 (Waco, Texas) - 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 76706 Zip Code (Waco, Texas) in February 2026 was $1,410.98. The month over month percentage change (MoM) was 0.31%, and the year over year percentage change (YoY) was 1.05%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 76706 zip code (Waco, Texas). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 76706 zip code (Waco, Texas).

You can see similar information for other Texas 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: 76706 (Waco, Texas) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 76706 (Waco, Texas) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 868.1413987191825 Infinity Infinity
Feb 2017 855.7699867978017 -1.42 Infinity
Mar 2017 857.1856591127787 0.17 Infinity
Apr 2017 874.5036826913171 2.02 Infinity
May 2017 881.3650366708681 0.79 Infinity
Jun 2017 873.3712842625409 -0.91 Infinity
Jul 2017 852.6369350181221 -2.37 Infinity
Aug 2017 862.3713142981672 1.14 Infinity
Sep 2017 887.2822521007326 2.89 Infinity
Oct 2017 894.4883064629246 0.81 Infinity
Nov 2017 898.5680205949084 0.46 Infinity
Dec 2017 891.0895479279482 -0.83 Infinity
Jan 2018 922.2673484253662 3.50 6.24
Feb 2018 942.7598133978265 2.22 10.16
Mar 2018 942.4478306180862 -0.03 9.95
Apr 2018 935.343414749202 -0.75 6.96
May 2018 942.0080898164347 0.71 6.88
Jun 2018 943.636158893707 0.17 8.05
Jul 2018 943.7724970113757 0.01 10.69
Aug 2018 937.0760569216293 -0.71 8.66
Sep 2018 934.9547187543264 -0.23 5.37
Oct 2018 940.7129447424431 0.62 5.17
Nov 2018 947.8367476206755 0.76 5.48
Dec 2018 940.0056276797128 -0.83 5.49
Jan 2019 938.5770638769371 -0.15 1.77
Feb 2019 943.4468382338006 0.52 0.07
Mar 2019 952.7192317677678 0.98 1.09
Apr 2019 964.3505816512089 1.22 3.10
May 2019 961.7528982312324 -0.27 2.10
Jun 2019 972.5538341000401 1.12 3.06
Jul 2019 987.6594406081437 1.55 4.65
Aug 2019 997.4512541054029 0.99 6.44
Sep 2019 994.5576898491335 -0.29 6.38
Oct 2019 995.0468705365988 0.05 5.78
Nov 2019 994.1393178643942 -0.09 4.89
Dec 2019 1003.5199092052031 0.94 6.76
Jan 2020 991.3130365303392 -1.22 5.62
Feb 2020 984.5986419478793 -0.68 4.36
Mar 2020 1005.5855333771686 2.13 5.55
Apr 2020 1008.4397603895301 0.28 4.57
May 2020 1026.2872974477298 1.77 6.71
Jun 2020 1010.7074083671124 -1.52 3.92
Jul 2020 1003.4779041842669 -0.71 1.60
Aug 2020 1006.4699368718661 0.30 0.90
Sep 2020 1014.1053801197315 0.76 1.97
Oct 2020 1037.7780921393735 2.33 4.29
Nov 2020 1044.17627016477 0.62 5.03
Dec 2020 1048.421134052218 0.41 4.47
Jan 2021 1050.3544734718994 0.18 5.96
Feb 2021 1054.0278182256707 0.35 7.05
Mar 2021 1068.5406338275802 1.38 6.26
Apr 2021 1079.0339409809778 0.98 7.00
May 2021 1095.1322229304633 1.49 6.71
Jun 2021 1102.4512438948652 0.67 9.08
Jul 2021 1118.0918272355016 1.42 11.42
Aug 2021 1133.7982260599078 1.41 12.65
Sep 2021 1154.9966076954827 1.87 13.89
Oct 2021 1172.0487836786576 1.48 12.94
Nov 2021 1191.19868391133 1.63 14.08
Dec 2021 1201.7169102625905 0.88 14.62
Jan 2022 1198.3133668841808 -0.28 14.09
Feb 2022 1222.1194764204251 1.99 15.95
Mar 2022 1238.1167466598195 1.31 15.87
Apr 2022 1270.2725352019759 2.60 17.72
May 2022 1279.193781270321 0.70 16.81
Jun 2022 1321.5006437550496 3.31 19.87
Jul 2022 1336.0865084901754 1.10 19.50
Aug 2022 1352.520073364467 1.23 19.29
Sep 2022 1340.9887728928045 -0.85 16.10
Oct 2022 1335.6857129503733 -0.39 13.96
Nov 2022 1335.2424273629606 -0.03 12.09
Dec 2022 1358.5481045965614 1.75 13.05
Jan 2023 1391.1047397168024 2.40 16.09
Feb 2023 1386.4512279954818 -0.33 13.45
Mar 2023 1383.81314533914 -0.19 11.77
Apr 2023 1372.8932293091063 -0.79 8.08
May 2023 1374.7687915487393 0.14 7.47
Jun 2023 1355.527684473457 -1.40 2.58
Jul 2023 1368.4942705846688 0.96 2.43
Aug 2023 1368.3570721744486 -0.01 1.17
Sep 2023 1393.2023387999764 1.82 3.89
Oct 2023 1382.2777535241373 -0.78 3.49
Nov 2023 1378.8529587513638 -0.25 3.27
Dec 2023 1361.5633991614127 -1.25 0.22
Jan 2024 1368.27901701366 0.49 -1.64
Feb 2024 1388.2298455285945 1.46 0.13
Mar 2024 1414.747449612367 1.91 2.24
Apr 2024 1412.6833295538536 -0.15 2.90
May 2024 1419.002052661214 0.45 3.22
Jun 2024 1425.367307568773 0.45 5.15
Jul 2024 1424.9472726852368 -0.03 4.13
Aug 2024 1405.4902023995369 -1.36 2.71
Sep 2024 1390.6248028037285 -1.06 -0.18
Oct 2024 1382.7978004271752 -0.56 0.04
Nov 2024 1397.7541110845045 1.08 1.37
Dec 2024 1400.1250221160628 0.17 2.83
Jan 2025 1408.7346327947134 0.62 2.96
Feb 2025 1396.3308408052856 -0.88 0.58
Mar 2025 1380.1745763125377 -1.16 -2.44
Apr 2025 1385.905307879389 0.42 -1.90
May 2025 1384.1505002608137 -0.13 -2.46
Jun 2025 1385.2773098299676 0.08 -2.81
Jul 2025 1381.583339609451 -0.27 -3.04
Aug 2025 1397.368119259604 1.14 -0.58
Sep 2025 1403.2193823722816 0.42 0.91
Oct 2025 1419.3595848667048 1.15 2.64
Nov 2025 1413.1813851127263 -0.43 1.10
Dec 2025 1418.6278375134932 0.39 1.32
Jan 2026 1406.6589904089224 -0.84 -0.15
Feb 2026 1410.980112044818 0.31 1.05