Zip Code: 85204 (Mesa, 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 85204 Zip Code (Mesa, Arizona) in February 2026 was $1,501.882. The month over month percentage change (MoM) was -0.59%, and the year over year percentage change (YoY) was -1.18%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 85204 zip code (Mesa, Arizona). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 85204 zip code (Mesa, 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: 85204 (Mesa, Arizona) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 85204 (Mesa, Arizona) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 744.0812251296005 NaN NaN
Feb 2015 751.0311567691948 0.93 NaN
Mar 2015 756.3753750006186 0.71 NaN
Apr 2015 762.0652715441262 0.75 NaN
May 2015 760.8563482518382 -0.16 NaN
Jun 2015 759.4823166103945 -0.18 NaN
Jul 2015 762.827490521742 0.44 NaN
Aug 2015 767.1527762853843 0.57 NaN
Sep 2015 775.0366476664299 1.03 NaN
Oct 2015 776.7289840201261 0.22 NaN
Nov 2015 780.3915124113581 0.47 NaN
Dec 2015 779.8393333344579 -0.07 NaN
Jan 2016 789.9046486358113 1.29 6.16
Feb 2016 793.3946479291849 0.44 5.64
Mar 2016 799.9679587849405 0.83 5.76
Apr 2016 801.8285982192607 0.23 5.22
May 2016 806.6138909773263 0.60 6.01
Jun 2016 818.9131881664318 1.53 7.83
Jul 2016 822.0208888042599 0.38 7.76
Aug 2016 826.3719529503838 0.53 7.72
Sep 2016 825.0328900264213 -0.16 6.45
Oct 2016 828.609740457921 0.43 6.68
Nov 2016 834.7433590313167 0.74 6.97
Dec 2016 838.4610213530522 0.45 7.52
Jan 2017 837.6758957013674 -0.09 6.05
Feb 2017 840.1530916729355 0.30 5.89
Mar 2017 846.8408785735106 0.80 5.86
Apr 2017 850.258584817992 0.40 6.04
May 2017 858.2989667859266 0.95 6.41
Jun 2017 855.5331791223865 -0.32 4.47
Jul 2017 865.374667148263 1.15 5.27
Aug 2017 867.5114347121595 0.25 4.98
Sep 2017 876.1803358607389 1.00 6.20
Oct 2017 879.0998897066188 0.33 6.09
Nov 2017 882.6301819773445 0.40 5.74
Dec 2017 891.1354561253484 0.96 6.28
Jan 2018 902.1487011127678 1.24 7.70
Feb 2018 901.8724730498034 -0.03 7.35
Mar 2018 908.2655414513109 0.71 7.25
Apr 2018 918.000537185696 1.07 7.97
May 2018 938.8232374732222 2.27 9.38
Jun 2018 944.0486165775535 0.56 10.35
Jul 2018 947.8512091776057 0.40 9.53
Aug 2018 950.7777193110747 0.31 9.60
Sep 2018 953.4524662295172 0.28 8.82
Oct 2018 965.5425220329156 1.27 9.83
Nov 2018 966.9037140048805 0.14 9.55
Dec 2018 977.6653284775161 1.11 9.71
Jan 2019 979.2673806422199 0.16 8.55
Feb 2019 996.5487729734328 1.77 10.50
Mar 2019 1001.9999320926406 0.55 10.32
Apr 2019 1008.1928175486395 0.62 9.82
May 2019 1002.7911201408793 -0.54 6.81
Jun 2019 1014.6906911390929 1.19 7.48
Jul 2019 1023.3892066712522 0.86 7.97
Aug 2019 1037.2024956358289 1.35 9.09
Sep 2019 1049.3790974001158 1.17 10.06
Oct 2019 1056.3858347067678 0.67 9.41
Nov 2019 1071.5786548555175 1.44 10.83
Dec 2019 1077.385684349693 0.54 10.20
Jan 2020 1090.5809043223512 1.23 11.37
Feb 2020 1097.137046226237 0.60 10.09
Mar 2020 1102.9889851987987 0.53 10.08
Apr 2020 1098.2902481877748 -0.43 8.94
May 2020 1099.0333864353495 0.07 9.60
Jun 2020 1090.0591217058438 -0.82 7.43
Jul 2020 1100.073346499071 0.92 7.49
Aug 2020 1101.8679831952713 0.16 6.24
Sep 2020 1114.5607452225518 1.15 6.21
Oct 2020 1131.4652857154042 1.52 7.11
Nov 2020 1146.4183474200036 1.32 6.98
Dec 2020 1164.2723687002497 1.56 8.07
Jan 2021 1174.4370844035584 0.87 7.69
Feb 2021 1178.044422583712 0.31 7.37
Mar 2021 1197.709653881115 1.67 8.59
Apr 2021 1225.3996135436407 2.31 11.57
May 2021 1258.7843660889557 2.72 14.54
Jun 2021 1295.771306819373 2.94 18.87
Jul 2021 1331.794011373789 2.78 21.06
Aug 2021 1378.7869928303785 3.53 25.13
Sep 2021 1419.1203282503486 2.93 27.33
Oct 2021 1443.8144126937634 1.74 27.61
Nov 2021 1449.1099084464975 0.37 26.40
Dec 2021 1448.960395604109 -0.01 24.45
Jan 2022 1469.8297512775753 1.44 25.15
Feb 2022 1496.7012608874747 1.83 27.05
Mar 2022 1506.5704231542932 0.66 25.79
Apr 2022 1505.4730843246 -0.07 22.86
May 2022 1505.819454431863 0.02 19.63
Jun 2022 1510.3592033392601 0.30 16.56
Jul 2022 1507.47094975054 -0.19 13.19
Aug 2022 1494.6080581192653 -0.85 8.40
Sep 2022 1481.746059906025 -0.86 4.41
Oct 2022 1477.5849126922992 -0.28 2.34
Nov 2022 1479.6290388347768 0.14 2.11
Dec 2022 1485.0297872712374 0.37 2.49
Jan 2023 1484.228995025048 -0.05 0.98
Feb 2023 1485.3864964943568 0.08 -0.76
Mar 2023 1490.9497404731983 0.38 -1.04
Apr 2023 1489.058817177117 -0.13 -1.09
May 2023 1498.6322672808762 0.64 -0.48
Jun 2023 1490.3603738702366 -0.55 -1.32
Jul 2023 1498.6486145177216 0.56 -0.58
Aug 2023 1490.5882451613872 -0.54 -0.27
Sep 2023 1494.8635138565728 0.29 0.89
Oct 2023 1489.350134013909 -0.37 0.80
Nov 2023 1492.9026193406146 0.24 0.90
Dec 2023 1497.4359946541902 0.30 0.84
Jan 2024 1492.8980463869568 -0.30 0.58
Feb 2024 1491.0805551776014 -0.12 0.38
Mar 2024 1481.4316275704248 -0.65 -0.64
Apr 2024 1492.9973651422858 0.78 0.26
May 2024 1493.3070488723336 0.02 -0.35
Jun 2024 1501.0674815315472 0.52 0.72
Jul 2024 1500.5402313209838 -0.04 0.13
Aug 2024 1515.2173775793517 0.98 1.65
Sep 2024 1520.773675090419 0.37 1.73
Oct 2024 1525.3871519013157 0.30 2.42
Nov 2024 1525.4080635379626 0.00 2.18
Dec 2024 1502.564605868017 -1.50 0.34
Jan 2025 1509.795845628356 0.48 1.13
Feb 2025 1519.761251828836 0.66 1.92
Mar 2025 1525.505598210469 0.38 2.98
Apr 2025 1519.926576816848 -0.37 1.80
May 2025 1516.871452298573 -0.20 1.58
Jun 2025 1515.133812845059 -0.11 0.94
Jul 2025 1513.0856947459947 -0.13 0.84
Aug 2025 1508.2950549271347 -0.32 -0.46
Sep 2025 1504.5379858972994 -0.25 -1.07
Oct 2025 1504.4237368231961 -0.01 -1.37
Nov 2025 1502.2720897582078 -0.14 -1.52
Dec 2025 1515.5557039475718 0.88 0.87
Jan 2026 1510.8668190712551 -0.31 0.07
Feb 2026 1501.8817934782608 -0.59 -1.18