Zip Code: 78748 (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 78748 Zip Code (Austin, Texas) in February 2026 was $1,378.984. The month over month percentage change (MoM) was 0.04%, and the year over year percentage change (YoY) was -1.75%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 78748 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 78748 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: 78748 (Austin, Texas) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 78748 (Austin, Texas) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1016.544727582226 NaN NaN
Feb 2015 1025.0773646250489 0.84 NaN
Mar 2015 1028.771921462378 0.36 NaN
Apr 2015 1032.813985862035 0.39 NaN
May 2015 1034.1844459522706 0.13 NaN
Jun 2015 1034.5854900829156 0.04 NaN
Jul 2015 1037.7455077434029 0.31 NaN
Aug 2015 1041.7599854102318 0.39 NaN
Sep 2015 1047.1195439556243 0.51 NaN
Oct 2015 1037.5998475601723 -0.91 NaN
Nov 2015 1041.107368578828 0.34 NaN
Dec 2015 1046.6092743487088 0.53 NaN
Jan 2016 1062.6190647066744 1.53 4.53
Feb 2016 1064.3736271639082 0.17 3.83
Mar 2016 1068.642866998835 0.40 3.88
Apr 2016 1075.4978389647688 0.64 4.13
May 2016 1064.896080985157 -0.99 2.97
Jun 2016 1068.363851352335 0.33 3.27
Jul 2016 1063.018598499745 -0.50 2.44
Aug 2016 1069.409046700894 0.60 2.65
Sep 2016 1079.936251077284 0.98 3.13
Oct 2016 1094.013412537987 1.30 5.44
Nov 2016 1102.295907536378 0.76 5.88
Dec 2016 1091.3289370398445 -0.99 4.27
Jan 2017 1086.0257464359893 -0.49 2.20
Feb 2017 1083.9833814616218 -0.19 1.84
Mar 2017 1095.6273465295 1.07 2.53
Apr 2017 1092.2142079452221 -0.31 1.55
May 2017 1105.2241299575626 1.19 3.79
Jun 2017 1102.607845091154 -0.24 3.21
Jul 2017 1110.7816412030763 0.74 4.49
Aug 2017 1101.4920986892548 -0.84 3.00
Sep 2017 1092.730172424333 -0.79 1.19
Oct 2017 1089.9889706202418 -0.25 -0.37
Nov 2017 1083.6285637312967 -0.58 -1.69
Dec 2017 1091.822620129522 0.76 0.05
Jan 2018 1091.1809540131367 -0.06 0.48
Feb 2018 1098.8859178699602 0.71 1.38
Mar 2018 1099.038660849515 0.01 0.31
Apr 2018 1097.1509223183007 -0.17 0.45
May 2018 1104.3077829642216 0.65 -0.08
Jun 2018 1108.7069220327437 0.40 0.55
Jul 2018 1119.6374935728552 0.99 0.80
Aug 2018 1122.7544462767373 0.28 1.93
Sep 2018 1127.9265320468044 0.46 3.22
Oct 2018 1131.1895908379308 0.29 3.78
Nov 2018 1144.1001026435144 1.14 5.58
Dec 2018 1152.4381439222475 0.73 5.55
Jan 2019 1158.910041109723 0.56 6.21
Feb 2019 1165.2321914952533 0.55 6.04
Mar 2019 1167.7454268306897 0.22 6.25
Apr 2019 1178.958617609975 0.96 7.46
May 2019 1178.5090914027155 -0.04 6.72
Jun 2019 1185.1647687457507 0.56 6.90
Jul 2019 1183.008301016212 -0.18 5.66
Aug 2019 1193.270027279192 0.87 6.28
Sep 2019 1200.7575811648778 0.63 6.46
Oct 2019 1206.256360280608 0.46 6.64
Nov 2019 1206.589681642523 0.03 5.46
Dec 2019 1206.7117989997432 0.01 4.71
Jan 2020 1211.2679998389908 0.38 4.52
Feb 2020 1211.1924815689852 -0.01 3.94
Mar 2020 1221.6209334201826 0.86 4.61
Apr 2020 1216.7616723251479 -0.40 3.21
May 2020 1213.0092470761613 -0.31 2.93
Jun 2020 1203.5608820186235 -0.78 1.55
Jul 2020 1201.8352287864689 -0.14 1.59
Aug 2020 1203.8762521206493 0.17 0.89
Sep 2020 1211.0444510686657 0.60 0.86
Oct 2020 1217.897876831454 0.57 0.97
Nov 2020 1228.3783277042128 0.86 1.81
Dec 2020 1227.8171189862794 -0.05 1.75
Jan 2021 1234.7585837522959 0.56 1.94
Feb 2021 1244.0629075253898 0.75 2.71
Mar 2021 1257.7242137698247 1.10 2.96
Apr 2021 1275.4801093534431 1.41 4.83
May 2021 1298.851268984278 1.83 7.08
Jun 2021 1330.7963899463052 2.46 10.57
Jul 2021 1369.0909769595926 2.88 13.92
Aug 2021 1408.6531737016426 2.89 17.01
Sep 2021 1442.2298542110689 2.38 19.09
Oct 2021 1473.397160208809 2.16 20.98
Nov 2021 1494.0378037198584 1.40 21.63
Dec 2021 1504.0272551681846 0.67 22.50
Jan 2022 1517.7149192852883 0.91 22.92
Feb 2022 1526.09214184626 0.55 22.67
Mar 2022 1547.218835850851 1.38 23.02
Apr 2022 1558.5652071588243 0.73 22.19
May 2022 1573.690071648138 0.97 21.16
Jun 2022 1584.2231632472242 0.67 19.04
Jul 2022 1581.5387908170908 -0.17 15.52
Aug 2022 1576.8968923556647 -0.29 11.94
Sep 2022 1566.7620037659358 -0.64 8.64
Oct 2022 1562.788230239729 -0.25 6.07
Nov 2022 1553.0378128879859 -0.62 3.95
Dec 2022 1563.775917015073 0.69 3.97
Jan 2023 1563.2760408590436 -0.03 3.00
Feb 2023 1565.6943959880746 0.16 2.60
Mar 2023 1555.6867540799906 -0.64 0.55
Apr 2023 1547.3270274534705 -0.54 -0.72
May 2023 1537.7415996555987 -0.62 -2.28
Jun 2023 1520.1330031269592 -1.14 -4.05
Jul 2023 1515.1989996137854 -0.32 -4.19
Aug 2023 1505.1096941985213 -0.67 -4.55
Sep 2023 1501.0589495444533 -0.27 -4.19
Oct 2023 1492.7646252705376 -0.55 -4.48
Nov 2023 1487.555364656875 -0.35 -4.22
Dec 2023 1480.4551433778286 -0.48 -5.33
Jan 2024 1471.373894130609 -0.61 -5.88
Feb 2024 1469.5412122204727 -0.12 -6.14
Mar 2024 1461.1296270270798 -0.57 -6.08
Apr 2024 1451.029177062454 -0.69 -6.22
May 2024 1441.1314813408856 -0.68 -6.28
Jun 2024 1441.7745147422147 0.05 -5.15
Jul 2024 1436.7982782169975 -0.34 -5.17
Aug 2024 1424.2715659334244 -0.87 -5.37
Sep 2024 1425.711354618164 0.10 -5.02
Oct 2024 1420.459226358495 -0.37 -4.84
Nov 2024 1424.0372101494831 0.25 -4.27
Dec 2024 1413.5109121858227 -0.74 -4.52
Jan 2025 1415.6763523556936 0.15 -3.78
Feb 2025 1403.5539411160412 -0.86 -4.49
Mar 2025 1402.66105571637 -0.06 -4.00
Apr 2025 1403.4586485036082 0.06 -3.28
May 2025 1403.6180904625153 0.01 -2.60
Jun 2025 1399.7985783156862 -0.27 -2.91
Jul 2025 1396.6326563263533 -0.23 -2.79
Aug 2025 1401.3067411320453 0.34 -1.61
Sep 2025 1394.1777673518245 -0.51 -2.21
Oct 2025 1392.7797018588412 -0.10 -1.95
Nov 2025 1384.8232690284146 -0.57 -2.75
Dec 2025 1384.8269008719722 0.00 -2.03
Jan 2026 1378.3747487874211 -0.47 -2.63
Feb 2026 1378.9837004536578 0.04 -1.75