Zip Code: 85251 (Scottsdale, 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 85251 Zip Code (Scottsdale, Arizona) in February 2026 was $1,864.098. The month over month percentage change (MoM) was -0.86%, and the year over year percentage change (YoY) was -1.40%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 85251 zip code (Scottsdale, Arizona). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 85251 zip code (Scottsdale, 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: 85251 (Scottsdale, Arizona) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 85251 (Scottsdale, Arizona) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 936.3444306076193 NaN NaN
Feb 2015 968.4532027142856 3.43 NaN
Mar 2015 989.1382470963237 2.14 NaN
Apr 2015 996.7135441594903 0.77 NaN
May 2015 973.7429107299963 -2.31 NaN
Jun 2015 989.750232491803 1.64 NaN
Jul 2015 988.6098250639976 -0.11 NaN
Aug 2015 997.5756117191128 0.91 NaN
Sep 2015 992.6181820089946 -0.50 NaN
Oct 2015 1022.0934210531282 2.97 NaN
Nov 2015 1030.553713724361 0.83 NaN
Dec 2015 1044.5683758177913 1.36 NaN
Jan 2016 1037.6994792443836 -0.66 10.83
Feb 2016 1019.9096288949725 -1.71 5.31
Mar 2016 1015.2525858587046 -0.46 2.64
Apr 2016 1017.9124080937424 0.26 2.13
May 2016 1038.858430155509 2.06 6.69
Jun 2016 1034.0444604364561 -0.46 4.47
Jul 2016 1030.985880493922 -0.30 4.29
Aug 2016 1035.0741290243993 0.40 3.76
Sep 2016 1060.4303732568153 2.45 6.83
Oct 2016 1051.1475395156058 -0.87 2.84
Nov 2016 1057.9867710909473 0.65 2.66
Dec 2016 1061.918241440789 0.37 1.66
Jan 2017 1083.0544274661895 1.99 4.37
Feb 2017 1089.911467471245 0.63 6.86
Mar 2017 1093.9839172789386 0.37 7.76
Apr 2017 1104.8456286043947 0.99 8.54
May 2017 1115.5189703615545 0.97 7.38
Jun 2017 1125.1603025574507 0.86 8.81
Jul 2017 1136.2848741590576 0.99 10.21
Aug 2017 1146.2510282118221 0.88 10.74
Sep 2017 1131.7029758745775 -1.27 6.72
Oct 2017 1135.3126146635757 0.32 8.01
Nov 2017 1139.5785254814607 0.38 7.71
Dec 2017 1158.1761641049857 1.63 9.07
Jan 2018 1152.3179819451977 -0.51 6.40
Feb 2018 1151.8648081859235 -0.04 5.68
Mar 2018 1162.5816747607457 0.93 6.27
Apr 2018 1183.8245548600394 1.83 7.15
May 2018 1200.6126742799368 1.42 7.63
Jun 2018 1209.251220649193 0.72 7.47
Jul 2018 1228.9713408090086 1.63 8.16
Aug 2018 1233.8706078397238 0.40 7.64
Sep 2018 1257.0971121587663 1.88 11.08
Oct 2018 1256.183804688677 -0.07 10.65
Nov 2018 1272.9002608775222 1.33 11.70
Dec 2018 1266.5385728612075 -0.50 9.36
Jan 2019 1285.1948074540742 1.47 11.53
Feb 2019 1296.4536952230799 0.88 12.55
Mar 2019 1305.5903421559437 0.71 12.30
Apr 2019 1301.6421047606796 -0.30 9.95
May 2019 1298.9383828971236 -0.21 8.19
Jun 2019 1309.099346037338 0.78 8.26
Jul 2019 1310.16537005858 0.08 6.61
Aug 2019 1322.3453701711155 0.93 7.17
Sep 2019 1328.6851688716322 0.48 5.70
Oct 2019 1352.2433873396965 1.77 7.65
Nov 2019 1358.8688674507052 0.49 6.75
Dec 2019 1376.9388287797037 1.33 8.72
Jan 2020 1385.4436166462438 0.62 7.80
Feb 2020 1401.5461668829191 1.16 8.11
Mar 2020 1394.6918422457616 -0.49 6.83
Apr 2020 1385.0391061807188 -0.69 6.41
May 2020 1375.2779960038818 -0.70 5.88
Jun 2020 1374.4170340426108 -0.06 4.99
Jul 2020 1382.0771988271129 0.56 5.49
Aug 2020 1386.5766972301815 0.33 4.86
Sep 2020 1394.1811588444054 0.55 4.93
Oct 2020 1396.8813996099468 0.19 3.30
Nov 2020 1411.0222167244758 1.01 3.84
Dec 2020 1446.4375184816292 2.51 5.05
Jan 2021 1470.6570386074295 1.67 6.15
Feb 2021 1487.857114162365 1.17 6.16
Mar 2021 1504.298446372847 1.11 7.86
Apr 2021 1547.4355789666502 2.87 11.73
May 2021 1600.0691096511996 3.40 16.35
Jun 2021 1662.783915576144 3.92 20.98
Jul 2021 1710.14326104146 2.85 23.74
Aug 2021 1760.9292852087126 2.97 27.00
Sep 2021 1787.6408646215248 1.52 28.22
Oct 2021 1833.701032944958 2.58 31.27
Nov 2021 1860.1904963783784 1.45 31.83
Dec 2021 1875.7967360028335 0.84 29.68
Jan 2022 1879.7622782377641 0.21 27.82
Feb 2022 1883.802981224622 0.22 26.61
Mar 2022 1900.9392257471093 0.91 26.37
Apr 2022 1902.8629147652834 0.10 22.97
May 2022 1908.1094725202297 0.28 19.25
Jun 2022 1897.5618357376432 -0.55 14.12
Jul 2022 1893.2256737869052 -0.23 10.71
Aug 2022 1875.181864133811 -0.95 6.49
Sep 2022 1870.606018801806 -0.24 4.64
Oct 2022 1859.0688866700195 -0.62 1.38
Nov 2022 1868.020492284488 0.48 0.42
Dec 2022 1863.0039470316954 -0.27 -0.68
Jan 2023 1860.155676422235 -0.15 -1.04
Feb 2023 1855.4822298911256 -0.25 -1.50
Mar 2023 1858.0451667452196 0.14 -2.26
Apr 2023 1869.3060358044636 0.61 -1.76
May 2023 1869.633385773207 0.02 -2.02
Jun 2023 1867.0103385027699 -0.14 -1.61
Jul 2023 1857.7954807999151 -0.49 -1.87
Aug 2023 1860.526383957357 0.15 -0.78
Sep 2023 1866.5500336572718 0.32 -0.22
Oct 2023 1873.0646844652981 0.35 0.75
Nov 2023 1869.176034761759 -0.21 0.06
Dec 2023 1865.9015372028264 -0.17 0.16
Jan 2024 1869.7445086300588 0.21 0.52
Feb 2024 1881.3635891128251 0.62 1.40
Mar 2024 1885.2606091815214 0.21 1.47
Apr 2024 1885.5458049747986 0.02 0.87
May 2024 1875.5791878953632 -0.53 0.32
Jun 2024 1869.0725982505805 -0.35 0.11
Jul 2024 1864.0790736353295 -0.27 0.34
Aug 2024 1866.5592212999773 0.13 0.32
Sep 2024 1865.7444965460265 -0.04 -0.04
Oct 2024 1866.4137405004594 0.04 -0.35
Nov 2024 1866.7003125870042 0.02 -0.13
Dec 2024 1868.8717409873086 0.12 0.16
Jan 2025 1883.3582345850496 0.78 0.73
Feb 2025 1890.5283072096986 0.38 0.49
Mar 2025 1888.534133715557 -0.10 0.17
Apr 2025 1886.1746502364856 -0.12 0.03
May 2025 1894.6031352442621 0.45 1.01
Jun 2025 1903.4975031857673 0.47 1.84
Jul 2025 1912.6959397185792 0.48 2.61
Aug 2025 1911.932444469529 -0.04 2.43
Sep 2025 1909.178941640259 -0.14 2.33
Oct 2025 1904.7510281057273 -0.23 2.05
Nov 2025 1901.1258375450022 -0.19 1.84
Dec 2025 1897.714121517933 -0.18 1.54
Jan 2026 1880.2969339377375 -0.92 -0.16
Feb 2026 1864.0976957070707 -0.86 -1.40