Zip Code: 85295 (Gilbert, 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 85295 Zip Code (Gilbert, Arizona) in February 2026 was $2,021.7. The month over month percentage change (MoM) was -0.06%, and the year over year percentage change (YoY) was 0.71%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 85295 zip code (Gilbert, Arizona). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 85295 zip code (Gilbert, 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: 85295 (Gilbert, Arizona) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 85295 (Gilbert, Arizona) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1128.114591286056 NaN NaN
Feb 2015 1137.2672839578725 0.81 NaN
Mar 2015 1142.0172134528193 0.42 NaN
Apr 2015 1152.597396691886 0.93 NaN
May 2015 1163.1038493161404 0.91 NaN
Jun 2015 1166.3075605328638 0.28 NaN
Jul 2015 1167.6809452568782 0.12 NaN
Aug 2015 1173.8258593270511 0.53 NaN
Sep 2015 1180.933371905157 0.61 NaN
Oct 2015 1187.981574681804 0.60 NaN
Nov 2015 1192.0458822775092 0.34 NaN
Dec 2015 1186.394945605109 -0.47 NaN
Jan 2016 1184.7061383506193 -0.14 5.02
Feb 2016 1184.3797604955892 -0.03 4.14
Mar 2016 1197.6930426439708 1.12 4.88
Apr 2016 1197.4532501223603 -0.02 3.89
May 2016 1197.0045231951087 -0.04 2.92
Jun 2016 1197.7536670038041 0.06 2.70
Jul 2016 1212.796322719729 1.26 3.86
Aug 2016 1219.3272809295079 0.54 3.88
Sep 2016 1226.807837797317 0.61 3.89
Oct 2016 1228.543788390628 0.14 3.41
Nov 2016 1238.2839934084923 0.79 3.88
Dec 2016 1245.2723806136096 0.56 4.96
Jan 2017 1266.771515844955 1.73 6.93
Feb 2017 1266.5782218514482 -0.01 6.94
Mar 2017 1267.026202921041 0.04 5.79
Apr 2017 1263.3742510063341 -0.29 5.51
May 2017 1270.8013832776687 0.59 6.17
Jun 2017 1270.799338144713 0.00 6.10
Jul 2017 1264.3997486966682 -0.50 4.26
Aug 2017 1268.8784863051928 0.35 4.06
Sep 2017 1275.4249588556809 0.52 3.96
Oct 2017 1282.280555325894 0.54 4.37
Nov 2017 1286.8898883481663 0.36 3.93
Dec 2017 1307.1725827842608 1.58 4.97
Jan 2018 1308.8647094251114 0.13 3.32
Feb 2018 1317.5745508921973 0.67 4.03
Mar 2018 1312.3984822837492 -0.39 3.58
Apr 2018 1322.1130942144684 0.74 4.65
May 2018 1331.2166992982823 0.69 4.75
Jun 2018 1347.368671934419 1.21 6.03
Jul 2018 1359.417817115897 0.89 7.52
Aug 2018 1363.1637238077622 0.28 7.43
Sep 2018 1358.3425397758238 -0.35 6.50
Oct 2018 1360.5491196743626 0.16 6.10
Nov 2018 1366.8404734188898 0.46 6.21
Dec 2018 1371.3878052208017 0.33 4.91
Jan 2019 1385.1167105537047 1.00 5.83
Feb 2019 1397.8371310510788 0.92 6.09
Mar 2019 1416.8142108994423 1.36 7.96
Apr 2019 1429.2133079666255 0.88 8.10
May 2019 1436.4859566902119 0.51 7.91
Jun 2019 1442.059385372586 0.39 7.03
Jul 2019 1451.3571406041171 0.65 6.76
Aug 2019 1463.5670000670425 0.84 7.37
Sep 2019 1481.6945143467617 1.24 9.08
Oct 2019 1495.7038849969217 0.95 9.93
Nov 2019 1506.2158457708524 0.70 10.20
Dec 2019 1510.9059998592757 0.31 10.17
Jan 2020 1514.847074967675 0.26 9.37
Feb 2020 1520.9755488674182 0.41 8.81
Mar 2020 1529.5953643746518 0.57 7.96
Apr 2020 1530.2543482783997 0.04 7.07
May 2020 1525.55428322787 -0.31 6.20
Jun 2020 1531.485655029661 0.39 6.20
Jul 2020 1544.0983181172344 0.82 6.39
Aug 2020 1564.4657591634332 1.32 6.89
Sep 2020 1578.0725288828914 0.87 6.51
Oct 2020 1602.751546050765 1.56 7.16
Nov 2020 1627.9798699447451 1.57 8.08
Dec 2020 1655.1087664243169 1.67 9.54
Jan 2021 1672.7077216548807 1.06 10.42
Feb 2021 1694.23758669596 1.29 11.39
Mar 2021 1710.430641938372 0.96 11.82
Apr 2021 1740.4576569156375 1.76 13.74
May 2021 1785.006657925376 2.56 17.01
Jun 2021 1826.3997239906387 2.32 19.26
Jul 2021 1862.6278779434067 1.98 20.63
Aug 2021 1900.2461040487742 2.02 21.46
Sep 2021 1938.9962636760677 2.04 22.87
Oct 2021 1958.1227009626998 0.99 22.17
Nov 2021 1957.9652548450842 -0.01 20.27
Dec 2021 1966.3641956145593 0.43 18.81
Jan 2022 1981.1357055183296 0.75 18.44
Feb 2022 2001.2916153888896 1.02 18.12
Mar 2022 2010.2182845541442 0.45 17.53
Apr 2022 2027.690914790495 0.87 16.50
May 2022 2031.3043809919443 0.18 13.80
Jun 2022 2035.132051607896 0.19 11.43
Jul 2022 2025.189788647588 -0.49 8.73
Aug 2022 2014.3287210888611 -0.54 6.00
Sep 2022 2002.8320552124808 -0.57 3.29
Oct 2022 2000.128141401598 -0.13 2.15
Nov 2022 2009.1440407511468 0.45 2.61
Dec 2022 2011.1547157310843 0.10 2.28
Jan 2023 2020.641556944964 0.47 1.99
Feb 2023 2023.9023392769507 0.16 1.13
Mar 2023 2038.394823097352 0.72 1.40
Apr 2023 2019.0472705344196 -0.95 -0.43
May 2023 2007.2862339205508 -0.58 -1.18
Jun 2023 1999.5359619051637 -0.39 -1.75
Jul 2023 2015.856217690119 0.82 -0.46
Aug 2023 2013.4053083659235 -0.12 -0.05
Sep 2023 2008.4192031770776 -0.25 0.28
Oct 2023 2014.6049158165624 0.31 0.72
Nov 2023 2013.940033906544 -0.03 0.24
Dec 2023 2012.7413126658687 -0.06 0.08
Jan 2024 1993.8196044804174 -0.94 -1.33
Feb 2024 1997.565945304285 0.19 -1.30
Mar 2024 1998.1100687375192 0.03 -1.98
Apr 2024 2012.149657149748 0.70 -0.34
May 2024 2019.1477748645518 0.35 0.59
Jun 2024 2020.6422884398833 0.07 1.06
Jul 2024 2010.690117973796 -0.49 -0.26
Aug 2024 2011.404402936398 0.04 -0.10
Sep 2024 2013.447072484029 0.10 0.25
Oct 2024 2004.0544274153858 -0.47 -0.52
Nov 2024 2005.0922172885912 0.05 -0.44
Dec 2024 1999.527461859479 -0.28 -0.66
Jan 2025 2005.7275022965132 0.31 0.60
Feb 2025 2007.447836513945 0.09 0.50
Mar 2025 1999.833345205013 -0.38 0.09
Apr 2025 1995.533705229293 -0.21 -0.83
May 2025 1995.288920375515 -0.01 -1.18
Jun 2025 1997.4767288283135 0.11 -1.15
Jul 2025 1999.742657639331 0.11 -0.54
Aug 2025 2003.0111941568189 0.16 -0.42
Sep 2025 2006.5754265175608 0.18 -0.34
Oct 2025 2012.5389823254504 0.30 0.42
Nov 2025 2012.2696795987451 -0.01 0.36
Dec 2025 2018.540175183318 0.31 0.95
Jan 2026 2022.920099512681 0.22 0.86
Feb 2026 2021.700358422939 -0.06 0.71