Zip Code: 77004 (Houston, 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 77004 Zip Code (Houston, Texas) in February 2026 was $1,886.748. The month over month percentage change (MoM) was -1.08%, and the year over year percentage change (YoY) was -0.36%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 77004 zip code (Houston, Texas). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 77004 zip code (Houston, 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: 77004 (Houston, Texas) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 77004 (Houston, Texas) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 0 NaN NaN
Feb 2015 0 NaN NaN
Mar 2015 1451.0630117757455 Infinity NaN
Apr 2015 1450.3429817318436 -0.05 NaN
May 2015 1455.9309273325405 0.39 NaN
Jun 2015 1458.1297651991304 0.15 NaN
Jul 2015 1469.5174060696406 0.78 NaN
Aug 2015 1490.2942945488826 1.41 NaN
Sep 2015 1476.6284798067422 -0.92 NaN
Oct 2015 1478.9434218254823 0.16 NaN
Nov 2015 1451.1520376191484 -1.88 NaN
Dec 2015 1461.5579534181584 0.72 NaN
Jan 2016 1433.6536805797311 -1.91 Infinity
Feb 2016 1440.8393744397822 0.50 Infinity
Mar 2016 1470.9082753311072 2.09 1.37
Apr 2016 1490.7786515209111 1.35 2.79
May 2016 1479.942499888067 -0.73 1.65
Jun 2016 1442.9315348614182 -2.50 -1.04
Jul 2016 1445.9535933645666 0.21 -1.60
Aug 2016 1458.1528132665087 0.84 -2.16
Sep 2016 1475.993205359785 1.22 -0.04
Oct 2016 1461.5287109605938 -0.98 -1.18
Nov 2016 1451.0932498081188 -0.71 0.00
Dec 2016 1437.2968407155647 -0.95 -1.66
Jan 2017 1471.3265063686167 2.37 2.63
Feb 2017 1481.359496206418 0.68 2.81
Mar 2017 1491.5712709832496 0.69 1.41
Apr 2017 1469.1033065961376 -1.51 -1.45
May 2017 1495.1944625686185 1.78 1.03
Jun 2017 1510.637981805039 1.03 4.69
Jul 2017 1518.905910288601 0.55 5.05
Aug 2017 1484.0844198316117 -2.29 1.78
Sep 2017 1477.473575396415 -0.44 0.10
Oct 2017 1481.806690604791 0.29 1.39
Nov 2017 1522.1716909795146 2.72 4.90
Dec 2017 1530.079405837712 0.52 6.46
Jan 2018 1537.5165703462492 0.49 4.50
Feb 2018 1532.9844510441012 -0.29 3.49
Mar 2018 1530.5847221118531 -0.16 2.62
Apr 2018 1533.5349165150044 0.19 4.39
May 2018 1525.8301384884899 -0.50 2.05
Jun 2018 1521.957997605504 -0.25 0.75
Jul 2018 1516.7040125970666 -0.34 -0.14
Aug 2018 1524.9494532936012 0.54 2.75
Sep 2018 1532.8306963553932 0.52 3.75
Oct 2018 1540.5151252981366 0.50 3.96
Nov 2018 1541.9714199472148 0.10 1.30
Dec 2018 1538.59074375279 -0.22 0.56
Jan 2019 1535.3763162721355 -0.21 -0.14
Feb 2019 1531.0552260790178 -0.28 -0.13
Mar 2019 1527.0503686225434 -0.26 -0.23
Apr 2019 1537.5600025131346 0.69 0.26
May 2019 1538.426971003245 0.06 0.83
Jun 2019 1547.057529643655 0.56 1.65
Jul 2019 1551.78467610226 0.31 2.31
Aug 2019 1564.0948309045707 0.79 2.57
Sep 2019 1563.0243016258585 -0.07 1.97
Oct 2019 1562.8459866710225 -0.01 1.45
Nov 2019 1549.96648319386 -0.82 0.52
Dec 2019 1556.45044618608 0.42 1.16
Jan 2020 1554.7990175823973 -0.11 1.26
Feb 2020 1563.7286405984073 0.57 2.13
Mar 2020 1581.814779368676 1.16 3.59
Apr 2020 1583.9127759892422 0.13 3.02
May 2020 1578.8515331751314 -0.32 2.63
Jun 2020 1545.8178521561986 -2.09 -0.08
Jul 2020 1540.7409604077905 -0.33 -0.71
Aug 2020 1550.2106510211445 0.62 -0.89
Sep 2020 1552.2464024272954 0.13 -0.69
Oct 2020 1549.0505387492785 -0.21 -0.88
Nov 2020 1556.0152211041423 0.45 0.39
Dec 2020 1579.2279945224989 1.49 1.46
Jan 2021 1584.2230612104006 0.32 1.89
Feb 2021 1567.3065491268237 -1.07 0.23
Mar 2021 1553.9642963979209 -0.85 -1.76
Apr 2021 1568.4726546058127 0.93 -0.97
May 2021 1588.2719712911937 1.26 0.60
Jun 2021 1624.0730937462588 2.25 5.06
Jul 2021 1641.0326630739803 1.04 6.51
Aug 2021 1661.8449579099188 1.27 7.20
Sep 2021 1684.7342819118167 1.38 8.54
Oct 2021 1720.8765234659063 2.15 11.09
Nov 2021 1747.615873972527 1.55 12.31
Dec 2021 1731.664201651414 -0.91 9.65
Jan 2022 1721.3511423392727 -0.60 8.66
Feb 2022 1725.8501752891723 0.26 10.12
Mar 2022 1743.796234884533 1.04 12.22
Apr 2022 1747.8585615568625 0.23 11.44
May 2022 1764.966247963855 0.98 11.13
Jun 2022 1785.1228140498115 1.14 9.92
Jul 2022 1804.2182856075635 1.07 9.94
Aug 2022 1809.4875202385176 0.29 8.88
Sep 2022 1808.584352007598 -0.05 7.35
Oct 2022 1801.1097136766914 -0.41 4.66
Nov 2022 1785.7268867003484 -0.85 2.18
Dec 2022 1799.0665003320967 0.75 3.89
Jan 2023 1812.1336650868134 0.73 5.27
Feb 2023 1838.3117844842807 1.45 6.52
Mar 2023 1841.5505113222605 0.18 5.61
Apr 2023 1848.2621998148752 0.36 5.74
May 2023 1834.0037626583385 -0.77 3.91
Jun 2023 1825.5190492204088 -0.46 2.26
Jul 2023 1818.9081156260936 -0.36 0.81
Aug 2023 1810.9799162943625 -0.44 0.08
Sep 2023 1822.2497937961261 0.62 0.76
Oct 2023 1820.1492969817427 -0.11 1.06
Nov 2023 1827.975284898157 0.43 2.37
Dec 2023 1817.1533572793421 -0.59 1.00
Jan 2024 1831.4711759570932 0.79 1.07
Feb 2024 1840.8616978111472 0.51 0.14
Mar 2024 1851.4041902991196 0.57 0.54
Apr 2024 1854.450134182815 0.17 0.34
May 2024 1854.8814372323543 0.02 1.14
Jun 2024 1854.5205708638741 -0.02 1.59
Jul 2024 1851.1101407202277 -0.18 1.77
Aug 2024 1851.1284562907827 0.00 2.22
Sep 2024 1848.7143078037127 -0.13 1.45
Oct 2024 1858.515221459071 0.53 2.11
Nov 2024 1856.2991447866787 -0.12 1.55
Dec 2024 1872.6771198099425 0.88 3.06
Jan 2025 1883.1709864170014 0.56 2.82
Feb 2025 1893.6233095113187 0.56 2.87
Mar 2025 1892.9007238077374 -0.04 2.24
Apr 2025 1897.24135318548 0.23 2.31
May 2025 1909.5270682345551 0.65 2.95
Jun 2025 1917.3779153663243 0.41 3.39
Jul 2025 1926.4877717566626 0.48 4.07
Aug 2025 1935.1209714860906 0.45 4.54
Sep 2025 1935.9373635642626 0.04 4.72
Oct 2025 1933.175483357385 -0.14 4.02
Nov 2025 1935.2753663182232 0.11 4.25
Dec 2025 1925.9109089023775 -0.48 2.84
Jan 2026 1907.2831809760394 -0.97 1.28
Feb 2026 1886.7481774264381 -1.08 -0.36