Zip Code: 85296 (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 85296 Zip Code (Gilbert, Arizona) in February 2026 was $2,112.371. The month over month percentage change (MoM) was -0.10%, and the year over year percentage change (YoY) was 0.56%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 85296 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 85296 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: 85296 (Gilbert, Arizona) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 85296 (Gilbert, Arizona) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1165.8040169333092 NaN NaN
Feb 2015 1162.5584720098304 -0.28 NaN
Mar 2015 1172.1142373052824 0.82 NaN
Apr 2015 1174.6280640621603 0.21 NaN
May 2015 1184.3344263268723 0.83 NaN
Jun 2015 1179.1502327196004 -0.44 NaN
Jul 2015 1185.029391512513 0.50 NaN
Aug 2015 1187.6661309563613 0.22 NaN
Sep 2015 1205.1331002368686 1.47 NaN
Oct 2015 1212.4046060538633 0.60 NaN
Nov 2015 1218.2772891447632 0.48 NaN
Dec 2015 1223.3108146789718 0.41 NaN
Jan 2016 1226.367265923905 0.25 5.20
Feb 2016 1236.5662237930355 0.83 6.37
Mar 2016 1234.5891584451836 -0.16 5.33
Apr 2016 1240.5017466661825 0.48 5.61
May 2016 1241.7659670746518 0.10 4.85
Jun 2016 1253.1913695534327 0.92 6.28
Jul 2016 1255.6287008954464 0.19 5.96
Aug 2016 1263.6479464783217 0.64 6.40
Sep 2016 1254.226859425416 -0.75 4.07
Oct 2016 1255.6179515708702 0.11 3.56
Nov 2016 1252.148937206913 -0.28 2.78
Dec 2016 1263.3207353236344 0.89 3.27
Jan 2017 1268.7477413320355 0.43 3.46
Feb 2017 1275.3434506859294 0.52 3.14
Mar 2017 1281.974664742966 0.52 3.84
Apr 2017 1288.281834703537 0.49 3.85
May 2017 1290.1726521012351 0.15 3.90
Jun 2017 1306.6279283784152 1.27 4.26
Jul 2017 1316.7020035880096 0.77 4.86
Aug 2017 1324.053684789712 0.56 4.78
Sep 2017 1322.2299282974664 -0.14 5.42
Oct 2017 1326.7011941351377 0.34 5.66
Nov 2017 1343.378333836881 1.26 7.29
Dec 2017 1348.0642833324825 0.35 6.71
Jan 2018 1354.622683899905 0.49 6.77
Feb 2018 1356.0736141156021 0.11 6.33
Mar 2018 1362.8093585060128 0.50 6.31
Apr 2018 1368.8341703770882 0.44 6.25
May 2018 1375.980866248442 0.52 6.65
Jun 2018 1376.4142327198074 0.03 5.34
Jul 2018 1375.9167380277672 -0.04 4.50
Aug 2018 1377.612398051186 0.12 4.05
Sep 2018 1397.418328670684 1.44 5.69
Oct 2018 1420.6504736862507 1.66 7.08
Nov 2018 1427.4705581657995 0.48 6.26
Dec 2018 1425.2141337862984 -0.16 5.72
Jan 2019 1427.446093853517 0.16 5.38
Feb 2019 1439.9253021725658 0.87 6.18
Mar 2019 1448.385022616324 0.59 6.28
Apr 2019 1456.095542640025 0.53 6.38
May 2019 1466.1994675631508 0.69 6.56
Jun 2019 1472.4177791659215 0.42 6.98
Jul 2019 1484.5662761908907 0.83 7.90
Aug 2019 1495.337627270126 0.73 8.55
Sep 2019 1499.6815997908286 0.29 7.32
Oct 2019 1496.1545285196148 -0.23 5.32
Nov 2019 1500.743080941569 0.31 5.13
Dec 2019 1515.5699847996577 0.99 6.34
Jan 2020 1527.4432572497549 0.78 7.01
Feb 2020 1533.3368162177508 0.39 6.49
Mar 2020 1536.3680126978738 0.20 6.08
Apr 2020 1542.345457684029 0.39 5.92
May 2020 1541.6700409714108 -0.04 5.15
Jun 2020 1554.8866796552616 0.86 5.60
Jul 2020 1566.3715807923893 0.74 5.51
Aug 2020 1595.9846507283603 1.89 6.73
Sep 2020 1620.7333670054109 1.55 8.07
Oct 2020 1647.8222669978443 1.67 10.14
Nov 2020 1673.6199739001765 1.57 11.52
Dec 2020 1693.6405085515676 1.20 11.75
Jan 2021 1719.3669168568747 1.52 12.57
Feb 2021 1739.0090756484437 1.14 13.41
Mar 2021 1755.1107428040305 0.93 14.24
Apr 2021 1786.638724886683 1.80 15.84
May 2021 1826.25671821419 2.22 18.46
Jun 2021 1862.5658526336028 1.99 19.79
Jul 2021 1892.7160059282994 1.62 20.83
Aug 2021 1914.1634275576712 1.13 19.94
Sep 2021 1943.9387422668242 1.56 19.94
Oct 2021 1968.8447529260263 1.28 19.48
Nov 2021 1993.7685021348013 1.27 19.13
Dec 2021 1992.298715441085 -0.07 17.63
Jan 2022 2008.3746502625447 0.81 16.81
Feb 2022 2028.8819061348227 1.02 16.67
Mar 2022 2058.950136593402 1.48 17.31
Apr 2022 2068.3833620581863 0.46 15.77
May 2022 2083.2846043265845 0.72 14.07
Jun 2022 2096.7579191308914 0.65 12.57
Jul 2022 2101.2795692970544 0.22 11.02
Aug 2022 2094.059762341471 -0.34 9.40
Sep 2022 2082.3278365379574 -0.56 7.12
Oct 2022 2084.7086375338117 0.11 5.89
Nov 2022 2076.450429732798 -0.40 4.15
Dec 2022 2081.380280639952 0.24 4.47
Jan 2023 2082.1325800692375 0.04 3.67
Feb 2023 2100.1538341290207 0.87 3.51
Mar 2023 2111.157061483305 0.52 2.54
Apr 2023 2100.5960011824677 -0.50 1.56
May 2023 2079.916095748616 -0.98 -0.16
Jun 2023 2061.2497802702505 -0.90 -1.69
Jul 2023 2071.9361483713647 0.52 -1.40
Aug 2023 2089.436169827178 0.85 -0.22
Sep 2023 2107.389372581295 0.86 1.20
Oct 2023 2096.2436031522516 -0.53 0.55
Nov 2023 2089.3893234206366 -0.33 0.62
Dec 2023 2105.249896871772 0.76 1.15
Jan 2024 2116.1412908938123 0.52 1.63
Feb 2024 2117.989879286507 0.09 0.85
Mar 2024 2100.334930776682 -0.83 -0.51
Apr 2024 2099.296356880648 -0.05 -0.06
May 2024 2102.289664438308 0.14 1.08
Jun 2024 2110.368908837637 0.38 2.38
Jul 2024 2113.581025821532 0.15 2.01
Aug 2024 2110.219017676909 -0.16 1.00
Sep 2024 2118.430867558682 0.39 0.52
Oct 2024 2122.192148255244 0.18 1.24
Nov 2024 2122.7798324527166 0.03 1.60
Dec 2024 2108.327097914296 -0.68 0.15
Jan 2025 2102.9172985031114 -0.26 -0.62
Feb 2025 2100.677658369155 -0.11 -0.82
Mar 2025 2107.1369993611256 0.31 0.32
Apr 2025 2114.243675461132 0.34 0.71
May 2025 2121.213772149985 0.33 0.90
Jun 2025 2123.5120929172767 0.11 0.62
Jul 2025 2116.9826652495794 -0.31 0.16
Aug 2025 2114.3559345606204 -0.12 0.20
Sep 2025 2103.1626075273507 -0.53 -0.72
Oct 2025 2106.087967885664 0.14 -0.76
Nov 2025 2111.2066862104743 0.24 -0.55
Dec 2025 2114.896248295131 0.18 0.31
Jan 2026 2114.519588067957 -0.02 0.55
Feb 2026 2112.3708141321044 -0.10 0.56