Zip Code: 87108 (Albuquerque, New Mexico) - 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 87108 Zip Code (Albuquerque, New Mexico) in February 2026 was $1,059.368. The month over month percentage change (MoM) was -0.13%, and the year over year percentage change (YoY) was 4.90%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 87108 zip code (Albuquerque, New Mexico). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 87108 zip code (Albuquerque, New Mexico).

You can see similar information for other New Mexico 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: 87108 (Albuquerque, New Mexico) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 87108 (Albuquerque, New Mexico) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 0 NaN NaN
Feb 2015 0 NaN NaN
Mar 2015 0 NaN NaN
Apr 2015 0 NaN NaN
May 2015 0 NaN NaN
Jun 2015 0 NaN NaN
Jul 2015 0 NaN NaN
Aug 2015 0 NaN NaN
Sep 2015 0 NaN NaN
Oct 2015 0 NaN NaN
Nov 2015 0 NaN NaN
Dec 2015 0 NaN NaN
Jan 2016 0 NaN NaN
Feb 2016 0 NaN NaN
Mar 2016 0 NaN NaN
Apr 2016 0 NaN NaN
May 2016 576.427987559128 Infinity Infinity
Jun 2016 586.6362353370444 1.77 Infinity
Jul 2016 595.6409523974556 1.54 Infinity
Aug 2016 589.5831875820824 -1.02 Infinity
Sep 2016 587.0681171942383 -0.43 Infinity
Oct 2016 582.7535702564052 -0.73 Infinity
Nov 2016 594.2459326516341 1.97 Infinity
Dec 2016 593.45043896535 -0.13 Infinity
Jan 2017 601.812050472655 1.41 Infinity
Feb 2017 601.3827129453736 -0.07 Infinity
Mar 2017 608.5678121921419 1.20 Infinity
Apr 2017 606.899160104903 -0.27 Infinity
May 2017 608.8055303714315 0.31 5.62
Jun 2017 613.5324305911845 0.78 4.59
Jul 2017 614.0173406042425 0.08 3.09
Aug 2017 620.5477190742686 1.06 5.25
Sep 2017 622.5837344503693 0.33 6.05
Oct 2017 625.856515219009 0.53 7.40
Nov 2017 622.9114798623089 -0.47 4.82
Dec 2017 624.9918593507559 0.33 5.32
Jan 2018 631.16257334371 0.99 4.88
Feb 2018 635.0006635284983 0.61 5.59
Mar 2018 636.1374200635763 0.18 4.53
Apr 2018 643.5110894542406 1.16 6.03
May 2018 646.1819118469951 0.42 6.14
Jun 2018 646.262717247072 0.01 5.34
Jul 2018 638.3427977731337 -1.23 3.96
Aug 2018 639.5418486126189 0.19 3.06
Sep 2018 643.2569911348219 0.58 3.32
Oct 2018 653.1281385236144 1.54 4.36
Nov 2018 651.2732271042006 -0.28 4.55
Dec 2018 653.8545293005554 0.40 4.62
Jan 2019 649.638494344267 -0.64 2.93
Feb 2019 650.2602837366297 0.10 2.40
Mar 2019 652.2046443143281 0.30 2.53
Apr 2019 652.05839872317 -0.02 1.33
May 2019 653.4539886101544 0.21 1.13
Jun 2019 654.5075561622382 0.16 1.28
Jul 2019 664.1316621575425 1.47 4.04
Aug 2019 666.9016853360685 0.42 4.28
Sep 2019 669.1372499722572 0.34 4.02
Oct 2019 666.8190106019925 -0.35 2.10
Nov 2019 673.4905329715922 1.00 3.41
Dec 2019 676.9304006928121 0.51 3.53
Jan 2020 682.0419522602575 0.76 4.99
Feb 2020 686.6481661543148 0.68 5.60
Mar 2020 688.4644981389598 0.27 5.56
Apr 2020 689.6917933117907 0.18 5.77
May 2020 693.8073631533911 0.60 6.18
Jun 2020 698.7681232502482 0.72 6.76
Jul 2020 704.4409961189755 0.81 6.07
Aug 2020 706.2971996485975 0.26 5.91
Sep 2020 718.7205788439716 1.76 7.41
Oct 2020 721.0700456104553 0.33 8.14
Nov 2020 724.4239645252059 0.47 7.56
Dec 2020 721.6993675383435 -0.38 6.61
Jan 2021 731.6516960816292 1.38 7.27
Feb 2021 746.7725357121366 2.07 8.76
Mar 2021 758.550353917468 1.58 10.18
Apr 2021 769.139810206981 1.40 11.52
May 2021 774.880159034537 0.75 11.69
Jun 2021 780.1122532136756 0.68 11.64
Jul 2021 785.844937317773 0.74 11.56
Aug 2021 794.3067721839512 1.08 12.46
Sep 2021 790.934527183999 -0.42 10.05
Oct 2021 806.1720191575364 1.93 11.80
Nov 2021 815.0733852638593 1.10 12.51
Dec 2021 840.3134689666425 3.10 16.43
Jan 2022 834.497214275144 -0.69 14.06
Feb 2022 836.7829621003375 0.27 12.05
Mar 2022 847.914221775103 1.33 11.78
Apr 2022 870.3751434363448 2.65 13.16
May 2022 890.2742455590192 2.29 14.89
Jun 2022 897.0328561389791 0.76 14.99
Jul 2022 911.1745357946448 1.58 15.95
Aug 2022 917.4160851882788 0.69 15.50
Sep 2022 936.9114044767309 2.13 18.46
Oct 2022 935.9998025895835 -0.10 16.10
Nov 2022 941.7957074340717 0.62 15.55
Dec 2022 936.1205309071576 -0.60 11.40
Jan 2023 958.7967084233077 2.42 14.90
Feb 2023 970.7503954895938 1.25 16.01
Mar 2023 970.9782530231344 0.02 14.51
Apr 2023 962.1234643779691 -0.91 10.54
May 2023 954.0160283899936 -0.84 7.16
Jun 2023 963.1306109976547 0.96 7.37
Jul 2023 959.1904775758866 -0.41 5.27
Aug 2023 964.5668376424367 0.56 5.14
Sep 2023 966.1339726701108 0.16 3.12
Oct 2023 973.388666051717 0.75 4.00
Nov 2023 981.2009711839389 0.80 4.18
Dec 2023 990.7309610377038 0.97 5.83
Jan 2024 999.5228838694263 0.89 4.25
Feb 2024 1004.3520120108705 0.48 3.46
Mar 2024 999.8229976935559 -0.45 2.97
Apr 2024 1001.5109408294536 0.17 4.09
May 2024 1004.3888225028725 0.29 5.28
Jun 2024 1000.6908849209753 -0.37 3.90
Jul 2024 999.2250887783415 -0.15 4.17
Aug 2024 1006.5648347195446 0.74 4.35
Sep 2024 1010.6801961879048 0.41 4.61
Oct 2024 1018.8221604205863 0.81 4.67
Nov 2024 1014.9966924766978 -0.37 3.44
Dec 2024 1012.1754046207774 -0.28 2.17
Jan 2025 1004.4301332586741 -0.76 0.49
Feb 2025 1009.8640560629754 0.54 0.55
Mar 2025 1020.3662181049758 1.04 2.06
Apr 2025 1027.7667428494537 0.73 2.62
May 2025 1034.4041057500833 0.65 2.99
Jun 2025 1040.0750359472438 0.55 3.94
Jul 2025 1048.5963874123 0.82 4.94
Aug 2025 1046.848415927236 -0.17 4.00
Sep 2025 1046.9594826370135 0.01 3.59
Oct 2025 1044.653293419426 -0.22 2.54
Nov 2025 1050.0682102333317 0.52 3.46
Dec 2025 1055.7833317655825 0.54 4.31
Jan 2026 1060.777298204487 0.47 5.61
Feb 2026 1059.36783625731 -0.13 4.90