Zip Code: 78721 (Austin, 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 78721 Zip Code (Austin, Texas) in February 2026 was $1,761.614. The month over month percentage change (MoM) was 0.41%, and the year over year percentage change (YoY) was -4.48%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 78721 zip code (Austin, Texas). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 78721 zip code (Austin, 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: 78721 (Austin, Texas) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 78721 (Austin, Texas) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
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Month ZORI ($) 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 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 0 NaN NaN
Mar 2018 0 NaN NaN
Apr 2018 0 NaN NaN
May 2018 0 NaN NaN
Jun 2018 0 NaN NaN
Jul 2018 0 NaN NaN
Aug 2018 0 NaN NaN
Sep 2018 0 NaN NaN
Oct 2018 0 NaN NaN
Nov 2018 0 NaN NaN
Dec 2018 0 NaN NaN
Jan 2019 0 NaN NaN
Feb 2019 0 NaN NaN
Mar 2019 0 NaN NaN
Apr 2019 0 NaN NaN
May 2019 0 NaN NaN
Jun 2019 0 NaN NaN
Jul 2019 0 NaN NaN
Aug 2019 0 NaN NaN
Sep 2019 0 NaN NaN
Oct 2019 0 NaN NaN
Nov 2019 0 NaN NaN
Dec 2019 0 NaN NaN
Jan 2020 0 NaN NaN
Feb 2020 0 NaN NaN
Mar 2020 0 NaN NaN
Apr 2020 0 NaN NaN
May 2020 0 NaN NaN
Jun 2020 0 NaN NaN
Jul 2020 0 NaN NaN
Aug 2020 0 NaN NaN
Sep 2020 0 NaN NaN
Oct 2020 0 NaN NaN
Nov 2020 0 NaN NaN
Dec 2020 0 NaN NaN
Jan 2021 0 NaN NaN
Feb 2021 0 NaN NaN
Mar 2021 0 NaN NaN
Apr 2021 0 NaN NaN
May 2021 0 NaN NaN
Jun 2021 0 NaN NaN
Jul 2021 0 NaN NaN
Aug 2021 0 NaN NaN
Sep 2021 0 NaN NaN
Oct 2021 0 NaN NaN
Nov 2021 0 NaN NaN
Dec 2021 1835.8479559953935 Infinity Infinity
Jan 2022 1854.6123850395213 1.02 Infinity
Feb 2022 1842.297837757457 -0.66 Infinity
Mar 2022 1818.5409898985827 -1.29 Infinity
Apr 2022 1835.375799572794 0.93 Infinity
May 2022 1876.8910565100282 2.26 Infinity
Jun 2022 1950.1648260064126 3.90 Infinity
Jul 2022 1959.8916956277028 0.50 Infinity
Aug 2022 1937.0659158399728 -1.16 Infinity
Sep 2022 1912.6177731556804 -1.26 Infinity
Oct 2022 1900.8417078817133 -0.62 Infinity
Nov 2022 1894.1041565595744 -0.35 Infinity
Dec 2022 1907.162999444428 0.69 3.89
Jan 2023 1904.3529343331327 -0.15 2.68
Feb 2023 1915.8258972603937 0.60 3.99
Mar 2023 1921.3032365870135 0.29 5.65
Apr 2023 1912.8353879747676 -0.44 4.22
May 2023 1894.0097591722156 -0.98 0.91
Jun 2023 1872.5029721581855 -1.14 -3.98
Jul 2023 1873.7456365008277 0.07 -4.39
Aug 2023 1883.6499919395471 0.53 -2.76
Sep 2023 1864.212281168313 -1.03 -2.53
Oct 2023 1867.4861944714703 0.18 -1.75
Nov 2023 1863.4378188117105 -0.22 -1.62
Dec 2023 1870.444752395778 0.38 -1.92
Jan 2024 1852.9235363107157 -0.94 -2.70
Feb 2024 1840.898739777939 -0.65 -3.91
Mar 2024 1855.1633542389206 0.78 -3.44
Apr 2024 1864.3102301367244 0.49 -2.54
May 2024 1862.6396287687814 -0.09 -1.66
Jun 2024 1851.326267633609 -0.61 -1.13
Jul 2024 1851.854832850983 0.03 -1.17
Aug 2024 1854.5820808765243 0.15 -1.54
Sep 2024 1861.4279287376166 0.37 -0.15
Oct 2024 1854.6100665713955 -0.37 -0.69
Nov 2024 1855.3626458630504 0.04 -0.43
Dec 2024 1858.0864340033233 0.15 -0.66
Jan 2025 1863.3590477045495 0.28 0.56
Feb 2025 1844.1801465641154 -1.03 0.18
Mar 2025 1830.2562545819515 -0.75 -1.34
Apr 2025 1816.2327252303596 -0.77 -2.58
May 2025 1812.1043862391552 -0.23 -2.71
Jun 2025 1809.5844087032312 -0.14 -2.25
Jul 2025 1800.056627768492 -0.53 -2.80
Aug 2025 1788.99538625859 -0.61 -3.54
Sep 2025 1787.9804587469926 -0.06 -3.95
Oct 2025 1784.6865332221048 -0.18 -3.77
Nov 2025 1777.3777844023907 -0.41 -4.20
Dec 2025 1760.3814110194162 -0.96 -5.26
Jan 2026 1754.3625936841152 -0.34 -5.85
Feb 2026 1761.6137681159419 0.41 -4.48