Zip Code: 79423 (Lubbock, 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 79423 Zip Code (Lubbock, Texas) in February 2026 was $1,448.944. The month over month percentage change (MoM) was 0.09%, and the year over year percentage change (YoY) was 2.82%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 79423 zip code (Lubbock, Texas). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 79423 zip code (Lubbock, 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: 79423 (Lubbock, Texas) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 79423 (Lubbock, Texas) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 1087.3587264423522 Infinity Infinity
Apr 2016 1084.2122513983804 -0.29 Infinity
May 2016 1078.048858434219 -0.57 Infinity
Jun 2016 1069.1898488069085 -0.82 Infinity
Jul 2016 1077.4280554173063 0.77 Infinity
Aug 2016 1083.832045548101 0.59 Infinity
Sep 2016 1092.4929000676143 0.80 Infinity
Oct 2016 1095.2287530663145 0.25 Infinity
Nov 2016 1093.4260912428526 -0.16 Infinity
Dec 2016 1087.641637330579 -0.53 Infinity
Jan 2017 1090.075298974167 0.22 Infinity
Feb 2017 1092.2348898614337 0.20 Infinity
Mar 2017 1088.6829749694784 -0.32 0.12
Apr 2017 1089.417017006778 0.07 0.48
May 2017 1085.4351149846016 -0.37 0.69
Jun 2017 1095.2563744948282 0.91 2.44
Jul 2017 1093.635348036381 -0.15 1.50
Aug 2017 1099.707530688156 0.56 1.47
Sep 2017 1090.6285219851857 -0.83 -0.17
Oct 2017 1097.3668384063901 0.62 0.20
Nov 2017 1099.4949583193952 0.19 0.56
Dec 2017 1111.5889194747015 1.10 2.20
Jan 2018 1094.629803839281 -1.53 0.42
Feb 2018 1096.616253737029 0.18 0.40
Mar 2018 1094.2274821071546 -0.22 0.51
Apr 2018 1106.945976306418 1.16 1.61
May 2018 1110.2777899941907 0.30 2.29
Jun 2018 1111.6699043706355 0.13 1.50
Jul 2018 1120.3765590047715 0.78 2.44
Aug 2018 1119.671432714061 -0.06 1.82
Sep 2018 1133.6685802902052 1.25 3.95
Oct 2018 1133.3269366979698 -0.03 3.28
Nov 2018 1139.422113007213 0.54 3.63
Dec 2018 1127.4992535488207 -1.05 1.43
Jan 2019 1130.8269363442691 0.30 3.31
Feb 2019 1135.1482478504752 0.38 3.51
Mar 2019 1139.3088032165635 0.37 4.12
Apr 2019 1134.1511153788972 -0.45 2.46
May 2019 1139.4249143879324 0.47 2.63
Jun 2019 1140.568739108799 0.10 2.60
Jul 2019 1138.4176828504696 -0.19 1.61
Aug 2019 1140.387512966095 0.17 1.85
Sep 2019 1137.7255101540497 -0.23 0.36
Oct 2019 1140.7693970092214 0.27 0.66
Nov 2019 1142.2216375228634 0.13 0.25
Dec 2019 1153.962873921317 1.03 2.35
Jan 2020 1166.1731117405272 1.06 3.13
Feb 2020 1169.3439885422194 0.27 3.01
Mar 2020 1170.810512455351 0.13 2.77
Apr 2020 1170.639607166595 -0.01 3.22
May 2020 1180.0301413059715 0.80 3.56
Jun 2020 1187.3962142371831 0.62 4.11
Jul 2020 1194.783355659051 0.62 4.95
Aug 2020 1199.513147023092 0.40 5.19
Sep 2020 1194.771352500278 -0.39 5.01
Oct 2020 1190.085832498762 -0.39 4.32
Nov 2020 1198.4406566557238 0.70 4.92
Dec 2020 1201.731700767777 0.28 4.14
Jan 2021 1211.6456984918252 0.83 3.90
Feb 2021 1217.5252496405747 0.49 4.12
Mar 2021 1224.583423403137 0.58 4.59
Apr 2021 1227.6026173340995 0.25 4.87
May 2021 1227.4390805560224 -0.01 4.02
Jun 2021 1240.653725732335 1.08 4.49
Jul 2021 1255.7932481220557 1.22 5.11
Aug 2021 1261.972506695437 0.49 5.21
Sep 2021 1275.659282461648 1.09 6.77
Oct 2021 1280.8308938753598 0.41 7.63
Nov 2021 0 -100.00 -100.00
Dec 2021 1312.6318652392245 Infinity 9.23
Jan 2022 1316.2108280447046 0.27 8.63
Feb 2022 1313.8480807624248 -0.18 7.91
Mar 2022 1301.4952329323994 -0.94 6.28
Apr 2022 1316.0624518220243 1.12 7.21
May 2022 1330.2737351569224 1.08 8.38
Jun 2022 1335.3457894411683 0.38 7.63
Jul 2022 1327.8618365678444 -0.56 5.74
Aug 2022 1336.4497319873606 0.65 5.90
Sep 2022 1345.811849283878 0.70 5.50
Oct 2022 1359.462314438087 1.01 6.14
Nov 2022 1362.8461384438658 0.25 Infinity
Dec 2022 1356.6823385536468 -0.45 3.36
Jan 2023 1353.4600472136124 -0.24 2.83
Feb 2023 1354.5710689570426 0.08 3.10
Mar 2023 1364.7531913454238 0.75 4.86
Apr 2023 1368.9969928195476 0.31 4.02
May 2023 1367.040503679941 -0.14 2.76
Jun 2023 1362.9297386155433 -0.30 2.07
Jul 2023 1365.1103006375092 0.16 2.81
Aug 2023 1367.9389400548812 0.21 2.36
Sep 2023 1366.4063985225273 -0.11 1.53
Oct 2023 1365.5780298897712 -0.06 0.45
Nov 2023 1358.1808710669734 -0.54 -0.34
Dec 2023 1356.9579006755087 -0.09 0.02
Jan 2024 1366.7289717557646 0.72 0.98
Feb 2024 1377.4143623335137 0.78 1.69
Mar 2024 1385.0848285803627 0.56 1.49
Apr 2024 1376.533028504991 -0.62 0.55
May 2024 1387.3630049224457 0.79 1.49
Jun 2024 1398.6646953747086 0.82 2.62
Jul 2024 1408.4352974995136 0.70 3.17
Aug 2024 1402.0264411384996 -0.45 2.49
Sep 2024 1399.3409227716604 -0.19 2.41
Oct 2024 1401.0410955160405 0.12 2.60
Nov 2024 1408.9829262861617 0.57 3.74
Dec 2024 1409.3139830416699 0.02 3.86
Jan 2025 1406.9317799845549 -0.17 2.94
Feb 2025 1409.209073155082 0.16 2.31
Mar 2025 1406.7884935386437 -0.17 1.57
Apr 2025 1414.5631701668103 0.55 2.76
May 2025 1410.887056429032 -0.26 1.70
Jun 2025 1409.5824000549685 -0.09 0.78
Jul 2025 1409.110220815677 -0.03 0.05
Aug 2025 1417.7188100591322 0.61 1.12
Sep 2025 1425.455363485884 0.55 1.87
Oct 2025 1429.0495004860977 0.25 2.00
Nov 2025 1433.166834062449 0.29 1.72
Dec 2025 1441.9630524122083 0.61 2.32
Jan 2026 1447.6381787472797 0.39 2.89
Feb 2026 1448.9438578850343 0.09 2.82