Zip Code: 87109 (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 87109 Zip Code (Albuquerque, New Mexico) in February 2026 was $1,378.201. The month over month percentage change (MoM) was -0.20%, and the year over year percentage change (YoY) was 0.62%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 87109 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 87109 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: 87109 (Albuquerque, New Mexico) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 87109 (Albuquerque, New Mexico) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 0 NaN NaN
Jun 2016 0 NaN NaN
Jul 2016 0 NaN NaN
Aug 2016 0 NaN NaN
Sep 2016 0 NaN NaN
Oct 2016 0 NaN NaN
Nov 2016 0 NaN NaN
Dec 2016 0 NaN NaN
Jan 2017 0 NaN NaN
Feb 2017 0 NaN NaN
Mar 2017 0 NaN NaN
Apr 2017 0 NaN NaN
May 2017 0 NaN NaN
Jun 2017 0 NaN NaN
Jul 2017 0 NaN NaN
Aug 2017 0 NaN NaN
Sep 2017 0 NaN NaN
Oct 2017 0 NaN NaN
Nov 2017 0 NaN NaN
Dec 2017 0 NaN NaN
Jan 2018 0 NaN NaN
Feb 2018 0 NaN NaN
Mar 2018 0 NaN NaN
Apr 2018 0 NaN NaN
May 2018 0 NaN NaN
Jun 2018 0 NaN NaN
Jul 2018 0 NaN NaN
Aug 2018 0 NaN NaN
Sep 2018 0 NaN NaN
Oct 2018 0 NaN NaN
Nov 2018 0 NaN NaN
Dec 2018 0 NaN NaN
Jan 2019 0 NaN NaN
Feb 2019 0 NaN NaN
Mar 2019 0 NaN NaN
Apr 2019 0 NaN NaN
May 2019 0 NaN NaN
Jun 2019 0 NaN NaN
Jul 2019 0 NaN NaN
Aug 2019 0 NaN NaN
Sep 2019 0 NaN NaN
Oct 2019 0 NaN NaN
Nov 2019 0 NaN NaN
Dec 2019 0 NaN NaN
Jan 2020 0 NaN NaN
Feb 2020 0 NaN NaN
Mar 2020 0 NaN NaN
Apr 2020 0 NaN NaN
May 2020 0 NaN NaN
Jun 2020 0 NaN NaN
Jul 2020 0 NaN NaN
Aug 2020 0 NaN NaN
Sep 2020 0 NaN NaN
Oct 2020 0 NaN NaN
Nov 2020 0 NaN NaN
Dec 2020 0 NaN NaN
Jan 2021 0 NaN NaN
Feb 2021 0 NaN NaN
Mar 2021 0 NaN NaN
Apr 2021 0 NaN NaN
May 2021 0 NaN NaN
Jun 2021 0 NaN NaN
Jul 2021 0 NaN NaN
Aug 2021 0 NaN NaN
Sep 2021 1156.7381153778151 Infinity Infinity
Oct 2021 1168.2187502187817 0.99 Infinity
Nov 2021 1168.4236053963718 0.02 Infinity
Dec 2021 1179.4295028711376 0.94 Infinity
Jan 2022 1186.5355145603962 0.60 Infinity
Feb 2022 1192.1717155425722 0.48 Infinity
Mar 2022 1207.1554945334472 1.26 Infinity
Apr 2022 1201.4378229380463 -0.47 Infinity
May 2022 1222.350893143469 1.74 Infinity
Jun 2022 1239.3559015107503 1.39 Infinity
Jul 2022 1264.5874060535784 2.04 Infinity
Aug 2022 1278.0699336967593 1.07 Infinity
Sep 2022 1281.9815680796905 0.31 10.83
Oct 2022 1277.1781534170536 -0.37 9.33
Nov 2022 1274.7013260101955 -0.19 9.10
Dec 2022 1282.3965419328472 0.60 8.73
Jan 2023 1300.0410577420669 1.38 9.57
Feb 2023 1311.1401984425709 0.85 9.98
Mar 2023 1313.8810768481283 0.21 8.84
Apr 2023 1321.8327077396214 0.61 10.02
May 2023 1330.6070994501138 0.66 8.86
Jun 2023 1321.1062730755577 -0.71 6.60
Jul 2023 1323.7898709851522 0.20 4.68
Aug 2023 1311.2977068403834 -0.94 2.60
Sep 2023 1324.2667017258295 0.99 3.30
Oct 2023 1332.4600475212549 0.62 4.33
Nov 2023 1356.9291218826397 1.84 6.45
Dec 2023 1360.2485692224311 0.25 6.07
Jan 2024 1349.772755050873 -0.77 3.83
Feb 2024 1337.590361983509 -0.90 2.02
Mar 2024 1331.4026212299616 -0.46 1.33
Apr 2024 1337.1944694667518 0.44 1.16
May 2024 1343.243767863076 0.45 0.95
Jun 2024 1352.7790185135668 0.71 2.40
Jul 2024 1349.169450302561 -0.27 1.92
Aug 2024 1359.383666230855 0.76 3.67
Sep 2024 1360.7497575187454 0.10 2.76
Oct 2024 1362.060122306471 0.10 2.22
Nov 2024 1351.2312464420938 -0.79 -0.42
Dec 2024 1347.7258383475598 -0.26 -0.92
Jan 2025 1356.1542981355904 0.63 0.47
Feb 2025 1369.694488246518 1.00 2.40
Mar 2025 1377.1292937384203 0.54 3.43
Apr 2025 1376.9761262962109 -0.01 2.98
May 2025 1370.8286065997463 -0.45 2.05
Jun 2025 1371.6179034854604 0.06 1.39
Jul 2025 1374.6447931230884 0.22 1.89
Aug 2025 1376.3143050555018 0.12 1.25
Sep 2025 1373.9567911212062 -0.17 0.97
Oct 2025 1375.3124678151355 0.10 0.97
Nov 2025 1377.665806433774 0.17 1.96
Dec 2025 1381.8236315725198 0.30 2.53
Jan 2026 1381.0058482860745 -0.06 1.83
Feb 2026 1378.2006571087215 -0.20 0.62