Zip Code: 84116 (Salt Lake City, Utah) - 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 84116 Zip Code (Salt Lake City, Utah) in February 2026 was $1,248.442. The month over month percentage change (MoM) was 0.01%, and the year over year percentage change (YoY) was -1.14%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 84116 zip code (Salt Lake City, Utah). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 84116 zip code (Salt Lake City, Utah).

You can see similar information for other Utah 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: 84116 (Salt Lake City, Utah) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 84116 (Salt Lake City, Utah) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 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 973.6162527393548 Infinity Infinity
Mar 2021 968.9084606427858 -0.48 Infinity
Apr 2021 993.9506420573856 2.59 Infinity
May 2021 1016.5450288714171 2.27 Infinity
Jun 2021 1053.4125950175128 3.63 Infinity
Jul 2021 1068.5449480774478 1.44 Infinity
Aug 2021 1100.9376778069986 3.03 Infinity
Sep 2021 1128.5099155271828 2.50 Infinity
Oct 2021 1160.4594448004998 2.83 Infinity
Nov 2021 1190.0952205979531 2.55 Infinity
Dec 2021 1196.7669601689354 0.56 Infinity
Jan 2022 1213.0502569645232 1.36 Infinity
Feb 2022 1222.465898788706 0.78 25.56
Mar 2022 1252.791872848542 2.48 29.30
Apr 2022 1270.4408001039042 1.41 27.82
May 2022 1285.3839054277735 1.18 26.45
Jun 2022 1288.6489239215277 0.25 22.33
Jul 2022 1288.9557009101618 0.02 20.63
Aug 2022 1289.1752746101843 0.02 17.10
Sep 2022 1285.3821805068135 -0.29 13.90
Oct 2022 1284.491763902423 -0.07 10.69
Nov 2022 1282.754656051443 -0.13 7.79
Dec 2022 1286.5223600579302 0.29 7.50
Jan 2023 1287.293941468511 0.06 6.12
Feb 2023 1288.2570400870968 0.08 5.38
Mar 2023 1281.467382479087 -0.53 2.29
Apr 2023 1270.9018478189384 -0.82 0.04
May 2023 1270.8820008858042 0.00 -1.13
Jun 2023 1273.3148029872048 0.19 -1.19
Jul 2023 1274.4078496400355 0.09 -1.13
Aug 2023 1262.3083092189302 -0.95 -2.08
Sep 2023 1253.2090020215787 -0.72 -2.50
Oct 2023 1261.3663710555572 0.65 -1.80
Nov 2023 1271.4746146315879 0.80 -0.88
Dec 2023 1279.2217415092591 0.61 -0.57
Jan 2024 1275.3249575885352 -0.30 -0.93
Feb 2024 1270.674342080857 -0.36 -1.36
Mar 2024 1262.056255979045 -0.68 -1.51
Apr 2024 1263.3111496671422 0.10 -0.60
May 2024 1265.599342131022 0.18 -0.42
Jun 2024 1277.2168770238334 0.92 0.31
Jul 2024 1279.1930091600464 0.16 0.38
Aug 2024 1279.3529729426677 0.01 1.35
Sep 2024 1278.5659411709041 -0.06 2.02
Oct 2024 1264.0913618682143 -1.13 0.22
Nov 2024 1256.2554073430836 -0.62 -1.20
Dec 2024 1250.7706205743805 -0.44 -2.22
Jan 2025 1264.147588123162 1.07 -0.88
Feb 2025 1262.8161700927726 -0.10 -0.62
Mar 2025 1268.2604281617403 0.43 0.49
Apr 2025 1269.1367162707595 0.07 0.46
May 2025 1264.562375853798 -0.36 -0.08
Jun 2025 1253.1084237940825 -0.91 -1.89
Jul 2025 1250.3699499465747 -0.22 -2.25
Aug 2025 1254.0143621394197 0.29 -1.98
Sep 2025 1257.6644634053691 0.29 -1.63
Oct 2025 1262.5431821753577 0.39 -0.12
Nov 2025 1261.658578012994 -0.07 0.43
Dec 2025 1259.5175385595703 -0.17 0.70
Jan 2026 1248.3401305937005 -0.89 -1.25
Feb 2026 1248.4419191919194 0.01 -1.14