Zip Code: 85050 (Phoenix, Arizona) - 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 85050 Zip Code (Phoenix, Arizona) in February 2026 was $2,460.207. The month over month percentage change (MoM) was 0.39%, and the year over year percentage change (YoY) was 1.24%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 85050 zip code (Phoenix, Arizona). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 85050 zip code (Phoenix, Arizona).

You can see similar information for other Arizona 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: 85050 (Phoenix, Arizona) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 85050 (Phoenix, Arizona) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1319.8832199058538 NaN NaN
Feb 2015 1309.6072702905608 -0.78 NaN
Mar 2015 1310.2428240317008 0.05 NaN
Apr 2015 1320.617170809162 0.79 NaN
May 2015 1334.1257526353265 1.02 NaN
Jun 2015 1341.8983644658942 0.58 NaN
Jul 2015 1343.0302891936874 0.08 NaN
Aug 2015 1354.2133920040915 0.83 NaN
Sep 2015 1364.039929275983 0.73 NaN
Oct 2015 1368.3907841958503 0.32 NaN
Nov 2015 1356.1385550291568 -0.89 NaN
Dec 2015 1371.8023720456788 1.16 NaN
Jan 2016 1387.5650181055623 1.15 5.13
Feb 2016 1413.8729187572103 1.90 7.96
Mar 2016 1399.8755295335761 -0.99 6.84
Apr 2016 1403.19123184036 0.24 6.25
May 2016 1397.0195950092711 -0.44 4.71
Jun 2016 1397.3848122147783 0.03 4.14
Jul 2016 1401.0560963988053 0.26 4.32
Aug 2016 1403.293481608289 0.16 3.62
Sep 2016 1408.7351155078866 0.39 3.28
Oct 2016 1419.0607246330383 0.73 3.70
Nov 2016 1421.0188120639475 0.14 4.78
Dec 2016 1427.0492343569747 0.42 4.03
Jan 2017 1410.562804737185 -1.15 1.66
Feb 2017 1417.5047997416923 0.49 0.26
Mar 2017 1432.080823144016 1.03 2.30
Apr 2017 1454.5262265273313 1.57 3.66
May 2017 1461.719956891912 0.50 4.63
Jun 2017 1463.1916774391007 0.10 4.71
Jul 2017 1459.342879645887 -0.26 4.16
Aug 2017 1452.4963993921353 -0.47 3.51
Sep 2017 1466.4580891232786 0.96 4.10
Oct 2017 1471.3394602902933 0.33 3.68
Nov 2017 1498.7775664851533 1.87 5.47
Dec 2017 1463.3794636023902 -2.36 2.55
Jan 2018 1485.4105553470927 1.51 5.31
Feb 2018 1472.8116878099581 -0.85 3.90
Mar 2018 1521.3373857964843 3.30 6.23
Apr 2018 1498.7166587187144 -1.49 3.04
May 2018 1518.3745441798258 1.31 3.88
Jun 2018 1510.4609434657602 -0.52 3.23
Jul 2018 1538.9732388878276 1.89 5.46
Aug 2018 1531.4972477001738 -0.49 5.44
Sep 2018 1560.1608985566002 1.87 6.39
Oct 2018 1559.5489127018911 -0.04 6.00
Nov 2018 1579.687721956003 1.29 5.40
Dec 2018 1597.7648716892086 1.14 9.18
Jan 2019 1608.0655940528982 0.65 8.26
Feb 2019 1622.9558002806361 0.93 10.19
Mar 2019 1597.8842274706099 -1.54 5.03
Apr 2019 1622.7810709120154 1.56 8.28
May 2019 1624.4925281805345 0.11 6.99
Jun 2019 1650.5146714231 1.60 9.27
Jul 2019 1649.7224306455498 -0.05 7.20
Aug 2019 1679.9415502769589 1.83 9.69
Sep 2019 1669.4918415621544 -0.62 7.01
Oct 2019 1687.1233271706935 1.06 8.18
Nov 2019 1678.78144085999 -0.49 6.27
Dec 2019 1703.6035114195802 1.48 6.62
Jan 2020 1709.9702375895247 0.37 6.34
Feb 2020 1726.0886170187073 0.94 6.36
Mar 2020 1719.6752292020733 -0.37 7.62
Apr 2020 1728.5968841387296 0.52 6.52
May 2020 1725.8261367508283 -0.16 6.24
Jun 2020 1730.410930253814 0.27 4.84
Jul 2020 1758.6359548067276 1.63 6.60
Aug 2020 1787.0590956716758 1.62 6.38
Sep 2020 1822.3196386937354 1.97 9.15
Oct 2020 1824.266520536584 0.11 8.13
Nov 2020 1852.4349119874735 1.54 10.34
Dec 2020 1867.1323037361683 0.79 9.60
Jan 2021 1899.7613477999992 1.75 11.10
Feb 2021 1928.4536366992031 1.51 11.72
Mar 2021 1948.5639180749897 1.04 13.31
Apr 2021 1969.845813427605 1.09 13.96
May 2021 2009.6576259908697 2.02 16.45
Jun 2021 2038.0389879088286 1.41 17.78
Jul 2021 2073.11705391838 1.72 17.88
Aug 2021 2105.1721688686307 1.55 17.80
Sep 2021 2157.3075413363813 2.48 18.38
Oct 2021 2205.4353123811497 2.23 20.89
Nov 2021 2216.5100648429097 0.50 19.65
Dec 2021 2216.7272607439822 0.01 18.72
Jan 2022 2237.463838446159 0.94 17.78
Feb 2022 2257.175991823278 0.88 17.05
Mar 2022 2312.5451769988676 2.45 18.68
Apr 2022 2329.803651618356 0.75 18.27
May 2022 2355.033863010278 1.08 17.19
Jun 2022 2362.5905931007346 0.32 15.93
Jul 2022 2349.308602837268 -0.56 13.32
Aug 2022 2341.3591164991853 -0.34 11.22
Sep 2022 2316.4828625013033 -1.06 7.38
Oct 2022 2333.6075215332057 0.74 5.81
Nov 2022 2342.2218816882873 0.37 5.67
Dec 2022 2372.340482075364 1.29 7.02
Jan 2023 2387.9142719112233 0.66 6.72
Feb 2023 2402.7844226842835 0.62 6.45
Mar 2023 2394.02426159544 -0.36 3.52
Apr 2023 2360.4943693360415 -1.40 1.32
May 2023 2356.044563395712 -0.19 0.04
Jun 2023 2371.6821391599133 0.66 0.39
Jul 2023 2393.587508973352 0.92 1.89
Aug 2023 2390.271454958725 -0.14 2.09
Sep 2023 2389.4605084273326 -0.03 3.15
Oct 2023 2375.9269105197413 -0.57 1.81
Nov 2023 2359.604218142979 -0.69 0.74
Dec 2023 2353.5261742117764 -0.26 -0.79
Jan 2024 2363.472384167228 0.42 -1.02
Feb 2024 2410.318601479503 1.98 0.31
Mar 2024 2408.2715020231635 -0.08 0.60
Apr 2024 2412.13312721458 0.16 2.19
May 2024 2400.715575695216 -0.47 1.90
Jun 2024 2398.3861517397318 -0.10 1.13
Jul 2024 2417.757977638751 0.81 1.01
Aug 2024 2437.0009332491522 0.80 1.96
Sep 2024 2468.257533558668 1.28 3.30
Oct 2024 2463.478500033671 -0.19 3.69
Nov 2024 2492.3926138122993 1.17 5.63
Dec 2024 2501.6255044747572 0.37 6.29
Jan 2025 2469.932940219782 -1.27 4.50
Feb 2025 2430.0046629469225 -1.62 0.82
Mar 2025 2433.8805696992986 0.16 1.06
Apr 2025 2451.99002118855 0.74 1.65
May 2025 2465.785411441619 0.56 2.71
Jun 2025 2466.389467444774 0.02 2.84
Jul 2025 2450.8395208798347 -0.63 1.37
Aug 2025 2445.8790341333734 -0.20 0.36
Sep 2025 2433.019273038273 -0.53 -1.43
Oct 2025 2444.1495004374847 0.46 -0.78
Nov 2025 2434.204182099426 -0.41 -2.33
Dec 2025 2430.021966435694 -0.17 -2.86
Jan 2026 2450.5673153121093 0.85 -0.78
Feb 2026 2460.207326007326 0.39 1.24