Zip Code: 85298 (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 85298 Zip Code (Gilbert, Arizona) in February 2026 was $2,652.476. The month over month percentage change (MoM) was 1.50%, and the year over year percentage change (YoY) was 6.21%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 85298 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 85298 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: 85298 (Gilbert, Arizona) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 85298 (Gilbert, Arizona) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1322.6033699083587 NaN NaN
Feb 2015 1338.0368811739008 1.17 NaN
Mar 2015 1329.2192064383341 -0.66 NaN
Apr 2015 1345.5008030870215 1.23 NaN
May 2015 1366.8132870783327 1.58 NaN
Jun 2015 1375.517861929796 0.64 NaN
Jul 2015 1386.2327760952692 0.78 NaN
Aug 2015 1373.301242455341 -0.93 NaN
Sep 2015 1373.1443261659053 -0.01 NaN
Oct 2015 1369.1201328653642 -0.29 NaN
Nov 2015 1391.4512662237282 1.63 NaN
Dec 2015 1391.6979207381453 0.02 NaN
Jan 2016 1413.6278511452845 1.58 6.88
Feb 2016 1400.2444383673621 -0.95 4.65
Mar 2016 1414.5772083216161 1.02 6.42
Apr 2016 1407.0177450133715 -0.53 4.57
May 2016 1412.4204827005572 0.38 3.34
Jun 2016 1417.827970596333 0.38 3.08
Jul 2016 1426.370153713477 0.60 2.90
Aug 2016 1455.3042570636994 2.03 5.97
Sep 2016 1454.1988923746017 -0.08 5.90
Oct 2016 1448.770137983694 -0.37 5.82
Nov 2016 1431.2275251472588 -1.21 2.86
Dec 2016 1456.419091532947 1.76 4.65
Jan 2017 1461.8033541980544 0.37 3.41
Feb 2017 1477.8180720218168 1.10 5.54
Mar 2017 1470.9184760600438 -0.47 3.98
Apr 2017 1480.0030363740068 0.62 5.19
May 2017 1482.9222489823255 0.20 4.99
Jun 2017 1476.8396678505117 -0.41 4.16
Jul 2017 1479.5343351846057 0.18 3.73
Aug 2017 1484.9156895285942 0.36 2.04
Sep 2017 1508.2231755768803 1.57 3.72
Oct 2017 1515.6991987578015 0.50 4.62
Nov 2017 1537.8326212219617 1.46 7.45
Dec 2017 1523.5597529990268 -0.93 4.61
Jan 2018 1552.5868386947775 1.91 6.21
Feb 2018 1575.2950144032072 1.46 6.60
Mar 2018 1589.866376105602 0.93 8.09
Apr 2018 1580.7919257135047 -0.57 6.81
May 2018 1564.6365288000457 -1.02 5.51
Jun 2018 1587.0227507838495 1.43 7.46
Jul 2018 1606.2671285438403 1.21 8.57
Aug 2018 1596.585896224293 -0.60 7.52
Sep 2018 1605.6291346582743 0.57 6.46
Oct 2018 1615.8170969459932 0.64 6.61
Nov 2018 1674.9053333565098 3.66 8.91
Dec 2018 1676.7450399850168 0.11 10.05
Jan 2019 1674.7216184543208 -0.12 7.87
Feb 2019 1623.7623034791402 -3.04 3.08
Mar 2019 1633.6779948260269 0.61 2.76
Apr 2019 1658.706433535174 1.53 4.93
May 2019 1691.1694819255708 1.96 8.09
Jun 2019 1699.8652289748902 0.51 7.11
Jul 2019 1707.4056558294271 0.44 6.30
Aug 2019 1734.4317166951496 1.58 8.63
Sep 2019 1745.0637485812385 0.61 8.68
Oct 2019 1766.759176881534 1.24 9.34
Nov 2019 1744.700403152892 -1.25 4.17
Dec 2019 1782.250339946461 2.15 6.29
Jan 2020 1806.622567793634 1.37 7.88
Feb 2020 1876.2452891350122 3.85 15.55
Mar 2020 1805.2216797530166 -3.78 10.50
Apr 2020 1799.6278995057264 -0.31 8.50
May 2020 1790.0478495538896 -0.53 5.85
Jun 2020 1830.3564297842845 2.25 7.68
Jul 2020 1849.8279770824204 1.06 8.34
Aug 2020 1887.7151682076353 2.05 8.84
Sep 2020 1919.8958136632773 1.71 10.02
Oct 2020 1968.2094607638305 2.52 11.40
Nov 2020 2004.8012379291104 1.86 14.91
Dec 2020 2003.2366837975906 -0.08 12.40
Jan 2021 2009.212286846233 0.30 11.21
Feb 2021 2035.105726221882 1.29 8.47
Mar 2021 2075.8218729332098 2.00 14.99
Apr 2021 2116.927244305291 1.98 17.63
May 2021 2142.682839816942 1.22 19.70
Jun 2021 2168.0690325441365 1.19 18.45
Jul 2021 2213.932981624856 2.12 19.68
Aug 2021 2236.010796646355 1.00 18.45
Sep 2021 2286.8910157346054 2.28 19.11
Oct 2021 2307.2302755988057 0.89 17.23
Nov 2021 2353.162503690165 1.99 17.38
Dec 2021 2360.815337898555 0.33 17.85
Jan 2022 2391.4735997299167 1.30 19.02
Feb 2022 2397.3580571478847 0.25 17.80
Mar 2022 2427.0456471480993 1.24 16.92
Apr 2022 2426.536577369638 -0.02 14.63
May 2022 2429.009220585694 0.10 13.36
Jun 2022 2435.683878829794 0.28 12.34
Jul 2022 2438.538950801274 0.12 10.15
Aug 2022 2445.2709002525608 0.28 9.36
Sep 2022 2415.13835642288 -1.23 5.61
Oct 2022 2393.6839640358357 -0.89 3.75
Nov 2022 2380.9907682431362 -0.53 1.18
Dec 2022 2411.087057772924 1.26 2.13
Jan 2023 2442.615455884778 1.31 2.14
Feb 2023 2450.6413178407247 0.33 2.22
Mar 2023 2438.960569719954 -0.48 0.49
Apr 2023 2429.941459951921 -0.37 0.14
May 2023 2438.507628361948 0.35 0.39
Jun 2023 2446.1359878208086 0.31 0.43
Jul 2023 2440.562450446883 -0.23 0.08
Aug 2023 2445.274186754621 0.19 0.00
Sep 2023 2438.6676443856604 -0.27 0.97
Oct 2023 2444.1766337032095 0.23 2.11
Nov 2023 2442.7023087894054 -0.06 2.59
Dec 2023 2457.5237314634733 0.61 1.93
Jan 2024 2447.822225906261 -0.39 0.21
Feb 2024 2442.823054366212 -0.20 -0.32
Mar 2024 2446.7642526219647 0.16 0.32
Apr 2024 2455.1496755072194 0.34 1.04
May 2024 2470.2933506569098 0.62 1.30
Jun 2024 2462.572476560254 -0.31 0.67
Jul 2024 2474.668678802231 0.49 1.40
Aug 2024 2474.173220432255 -0.02 1.18
Sep 2024 2516.898280938763 1.73 3.21
Oct 2024 2527.6711329753707 0.43 3.42
Nov 2024 2562.450005684544 1.38 4.90
Dec 2024 2542.1133311905814 -0.79 3.44
Jan 2025 2509.779950857629 -1.27 2.53
Feb 2025 2497.462934611679 -0.49 2.24
Mar 2025 2502.6394058503033 0.21 2.28
Apr 2025 2510.212712567879 0.30 2.24
May 2025 2505.4761815581005 -0.19 1.42
Jun 2025 2519.6187905193196 0.56 2.32
Jul 2025 2526.200922641293 0.26 2.08
Aug 2025 2538.6668868623815 0.49 2.61
Sep 2025 2531.1165042291327 -0.30 0.56
Oct 2025 2543.2618448539693 0.48 0.62
Nov 2025 2540.451513787018 -0.11 -0.86
Dec 2025 2565.33995610141 0.98 0.91
Jan 2026 2613.246072921173 1.87 4.12
Feb 2026 2652.4761904761904 1.50 6.21