Zip Code: 78731 (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 78731 Zip Code (Austin, Texas) in February 2026 was $1,468.608. The month over month percentage change (MoM) was -0.54%, and the year over year percentage change (YoY) was -0.72%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 78731 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 78731 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: 78731 (Austin, Texas) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 78731 (Austin, Texas) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 1080.4179252311208 Infinity Infinity
Jan 2017 1104.8574535753119 2.26 Infinity
Feb 2017 1090.015267412131 -1.34 Infinity
Mar 2017 1112.8999008162455 2.10 Infinity
Apr 2017 1094.0079103541586 -1.70 Infinity
May 2017 1101.5780320196861 0.69 Infinity
Jun 2017 1104.2481277167383 0.24 Infinity
Jul 2017 1111.0899418100987 0.62 Infinity
Aug 2017 1127.3742827753513 1.47 Infinity
Sep 2017 1133.2240280973836 0.52 Infinity
Oct 2017 1118.3600514758102 -1.31 Infinity
Nov 2017 1101.7543816708055 -1.48 Infinity
Dec 2017 1093.1764769193494 -0.78 1.18
Jan 2018 1089.8202331212344 -0.31 -1.36
Feb 2018 1100.918496770533 1.02 1.00
Mar 2018 1105.4838013870628 0.42 -0.67
Apr 2018 1117.1138657500906 1.05 2.11
May 2018 1115.236763077671 -0.17 1.24
Jun 2018 1131.7801039812314 1.48 2.49
Jul 2018 1147.2184463090955 1.36 3.25
Aug 2018 1143.3833793610843 -0.33 1.42
Sep 2018 1117.7860831745245 -2.24 -1.36
Oct 2018 1137.7744554041815 1.79 1.74
Nov 2018 1156.316339194732 1.63 4.95
Dec 2018 1195.9674784443412 3.43 9.40
Jan 2019 1204.744114326365 0.73 10.55
Feb 2019 1217.8861903911634 1.09 10.63
Mar 2019 1219.2613670587805 0.11 10.29
Apr 2019 1224.5844205434341 0.44 9.62
May 2019 1239.6025941703633 1.23 11.15
Jun 2019 1239.0933713601532 -0.04 9.48
Jul 2019 1235.327468184939 -0.30 7.68
Aug 2019 1245.5237771040895 0.83 8.93
Sep 2019 1277.9025240424214 2.60 14.32
Oct 2019 1284.1715313281825 0.49 12.87
Nov 2019 1286.858329250596 0.21 11.29
Dec 2019 1275.150193887029 -0.91 6.62
Jan 2020 1277.856423442847 0.21 6.07
Feb 2020 1275.632447205782 -0.17 4.74
Mar 2020 1264.0884324128242 -0.90 3.68
Apr 2020 1259.2956271420205 -0.38 2.84
May 2020 1240.2596188260334 -1.51 0.05
Jun 2020 1221.9438289226334 -1.48 -1.38
Jul 2020 1201.060417146846 -1.71 -2.77
Aug 2020 1185.7659755243203 -1.27 -4.80
Sep 2020 1184.3584398877424 -0.12 -7.32
Oct 2020 1194.5169517777204 0.86 -6.98
Nov 2020 1213.1368511238877 1.56 -5.73
Dec 2020 1213.2597757287156 0.01 -4.85
Jan 2021 1240.5951927147908 2.25 -2.92
Feb 2021 1233.1183680901945 -0.60 -3.33
Mar 2021 1264.2843959711781 2.53 0.02
Apr 2021 1269.3684463320124 0.40 0.80
May 2021 1318.5993639129208 3.88 6.32
Jun 2021 1364.9090588231786 3.51 11.70
Jul 2021 1415.419236917034 3.70 17.85
Aug 2021 1443.153065189179 1.96 21.71
Sep 2021 1451.0334035366204 0.55 22.52
Oct 2021 1454.9426760786116 0.27 21.80
Nov 2021 1470.7231851261597 1.09 21.23
Dec 2021 1502.14455307125 2.14 23.81
Jan 2022 1516.2165573368625 0.94 22.22
Feb 2022 1548.3374857242 2.12 25.56
Mar 2022 1540.7011986954844 -0.49 21.86
Apr 2022 1557.9105094198105 1.12 22.73
May 2022 1553.2625599245844 -0.30 17.80
Jun 2022 1556.1579588572251 0.19 14.01
Jul 2022 1560.2179975534602 0.26 10.23
Aug 2022 1573.9793950846104 0.88 9.07
Sep 2022 1588.7720028151994 0.94 9.49
Oct 2022 1600.0477164005288 0.71 9.97
Nov 2022 1584.6091761605437 -0.96 7.74
Dec 2022 1576.989228100919 -0.48 4.98
Jan 2023 1571.596590311349 -0.34 3.65
Feb 2023 1576.2979239339563 0.30 1.81
Mar 2023 1570.3797187783096 -0.37 1.93
Apr 2023 1558.8176345575203 -0.74 0.06
May 2023 1546.5145899355796 -0.79 -0.43
Jun 2023 1537.1673168860323 -0.60 -1.22
Jul 2023 1532.0100801947433 -0.34 -1.81
Aug 2023 1512.322766800803 -1.28 -3.92
Sep 2023 1504.566544763167 -0.51 -5.30
Oct 2023 1495.5350467985138 -0.60 -6.53
Nov 2023 1509.6906114304293 0.95 -4.73
Dec 2023 1505.9597610652363 -0.25 -4.50
Jan 2024 1490.744440405427 -1.01 -5.14
Feb 2024 1475.3437744877685 -1.03 -6.40
Mar 2024 1481.4756453175314 0.42 -5.66
Apr 2024 1490.7659860179112 0.63 -4.37
May 2024 1497.132204336507 0.43 -3.19
Jun 2024 1490.6772266374126 -0.43 -3.02
Jul 2024 1496.5764189578406 0.40 -2.31
Aug 2024 1490.9229171920701 -0.38 -1.41
Sep 2024 1494.065749703103 0.21 -0.70
Oct 2024 1475.6370684341987 -1.23 -1.33
Nov 2024 1463.1338505306287 -0.85 -3.08
Dec 2024 1459.5097694975982 -0.25 -3.08
Jan 2025 1465.4100208030834 0.40 -1.70
Feb 2025 1479.318702725796 0.95 0.27
Mar 2025 1474.6685682967966 -0.31 -0.46
Apr 2025 1466.3883102487491 -0.56 -1.63
May 2025 1463.1528928779248 -0.22 -2.27
Jun 2025 1466.7901026837926 0.25 -1.60
Jul 2025 1459.200783428222 -0.52 -2.50
Aug 2025 1465.401241469091 0.43 -1.71
Sep 2025 1460.396126953077 -0.34 -2.25
Oct 2025 1472.7189365365168 0.84 -0.20
Nov 2025 1474.7830163620204 0.14 0.80
Dec 2025 1476.5978806491473 0.12 1.17
Jan 2026 1476.6450551305406 0.00 0.77
Feb 2026 1468.6076221148685 -0.54 -0.72