Zip Code: 87111 (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 87111 Zip Code (Albuquerque, New Mexico) in February 2026 was $1,493.753. The month over month percentage change (MoM) was 0.14%, and the year over year percentage change (YoY) was 0.31%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 87111 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 87111 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: 87111 (Albuquerque, New Mexico) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 87111 (Albuquerque, New Mexico) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 817.4708049294053 NaN NaN
Feb 2015 819.5637410252948 0.26 NaN
Mar 2015 826.8133452832719 0.89 NaN
Apr 2015 830.1856082136082 0.41 NaN
May 2015 836.5119003492576 0.76 NaN
Jun 2015 833.1593641675943 -0.40 NaN
Jul 2015 833.940319968658 0.09 NaN
Aug 2015 833.3846485845065 -0.07 NaN
Sep 2015 832.7089386589327 -0.08 NaN
Oct 2015 826.3505132375923 -0.76 NaN
Nov 2015 833.5458811148864 0.87 NaN
Dec 2015 843.8919119631133 1.24 NaN
Jan 2016 857.8900661114452 1.66 4.94
Feb 2016 843.0786776856396 -1.73 2.87
Mar 2016 843.2806883341461 0.02 1.99
Apr 2016 838.0875696333255 -0.62 0.95
May 2016 846.7411856958904 1.03 1.22
Jun 2016 841.9869392409034 -0.56 1.06
Jul 2016 841.1878724561284 -0.09 0.87
Aug 2016 846.1353592443107 0.59 1.53
Sep 2016 850.9578198391401 0.57 2.19
Oct 2016 863.5398835510562 1.48 4.50
Nov 2016 862.045011646327 -0.17 3.42
Dec 2016 859.6231264167424 -0.28 1.86
Jan 2017 851.8468575606257 -0.90 -0.70
Feb 2017 865.158792575067 1.56 2.62
Mar 2017 867.5713256766156 0.28 2.88
Apr 2017 866.1619864328464 -0.16 3.35
May 2017 861.2832087072749 -0.56 1.72
Jun 2017 868.0414509146518 0.79 3.09
Jul 2017 875.3571813071991 0.84 4.06
Aug 2017 880.6777108400261 0.61 4.08
Sep 2017 885.9786116540507 0.60 4.12
Oct 2017 886.4181891121588 0.05 2.65
Nov 2017 883.0446444315039 -0.38 2.44
Dec 2017 873.5099167107247 -1.08 1.62
Jan 2018 872.5987228003432 -0.10 2.44
Feb 2018 876.1244401911897 0.40 1.27
Mar 2018 885.7775079450616 1.10 2.10
Apr 2018 896.8574773137797 1.25 3.54
May 2018 903.5409761111147 0.75 4.91
Jun 2018 903.5071011658333 0.00 4.09
Jul 2018 902.1331439686417 -0.15 3.06
Aug 2018 907.9507712264806 0.65 3.10
Sep 2018 911.167658327609 0.35 2.84
Oct 2018 915.7867089103019 0.51 3.31
Nov 2018 918.819241030066 0.33 4.05
Dec 2018 929.4725218868024 1.16 6.41
Jan 2019 935.3420234658379 0.63 7.19
Feb 2019 936.0551867918733 0.08 6.84
Mar 2019 934.0291669803639 -0.22 5.45
Apr 2019 934.3189978941041 0.03 4.18
May 2019 937.1246475986742 0.30 3.72
Jun 2019 942.7855292691214 0.60 4.35
Jul 2019 948.7449450255253 0.63 5.17
Aug 2019 949.2088779884788 0.05 4.54
Sep 2019 952.1662844181398 0.31 4.50
Oct 2019 955.2067982031097 0.32 4.31
Nov 2019 964.164002683311 0.94 4.93
Dec 2019 970.580837527162 0.67 4.42
Jan 2020 977.8795669937061 0.75 4.55
Feb 2020 983.5068630048544 0.57 5.07
Mar 2020 984.8472857511874 0.14 5.44
Apr 2020 984.5175008779789 -0.03 5.37
May 2020 976.3904214646486 -0.82 4.19
Jun 2020 983.6710331290674 0.75 4.34
Jul 2020 993.5264961153417 1.00 4.72
Aug 2020 1004.3394925643167 1.09 5.81
Sep 2020 1001.6400169732711 -0.27 5.20
Oct 2020 1008.144831980082 0.65 5.54
Nov 2020 1015.6865019021055 0.75 5.34
Dec 2020 1030.3999332633805 1.45 6.16
Jan 2021 1042.8742633575466 1.21 6.65
Feb 2021 1051.523599591231 0.83 6.92
Mar 2021 1060.2900484391703 0.83 7.66
Apr 2021 1079.3358407051765 1.80 9.63
May 2021 1096.413921534873 1.58 12.29
Jun 2021 1121.154509579208 2.26 13.98
Jul 2021 1145.413957313891 2.16 15.29
Aug 2021 1186.0393427251263 3.55 18.09
Sep 2021 1219.7858525632687 2.85 21.78
Oct 2021 1234.1220960468024 1.18 22.42
Nov 2021 1243.439130809023 0.76 22.42
Dec 2021 1258.179516518433 1.19 22.11
Jan 2022 1277.9608106133612 1.57 22.54
Feb 2022 1299.1085540679717 1.66 23.55
Mar 2022 1325.9701832931833 2.07 25.06
Apr 2022 1345.2677525510583 1.46 24.64
May 2022 1371.058521472525 1.92 25.05
Jun 2022 1371.2649498707312 0.02 22.31
Jul 2022 1372.3493934014627 0.08 19.81
Aug 2022 1359.97624051105 -0.90 14.67
Sep 2022 1362.782568893929 0.21 11.72
Oct 2022 1380.153375702586 1.27 11.83
Nov 2022 1393.9442020357228 1.00 12.10
Dec 2022 1401.6488911655035 0.55 11.40
Jan 2023 1402.278985928375 0.05 9.73
Feb 2023 1397.6727631251094 -0.33 7.59
Mar 2023 1394.6364441555247 -0.22 5.18
Apr 2023 1388.1511398318705 -0.46 3.19
May 2023 1392.9975675624612 0.35 1.60
Jun 2023 1397.2056496852165 0.30 1.89
Jul 2023 1402.889339469011 0.41 2.23
Aug 2023 1401.7501180176735 -0.08 3.07
Sep 2023 1404.6824175208776 0.21 3.08
Oct 2023 1402.959261018929 -0.12 1.65
Nov 2023 1406.6639222202664 0.26 0.91
Dec 2023 1400.8610995077934 -0.41 -0.06
Jan 2024 1402.7867264221068 0.14 0.04
Feb 2024 1403.7924188293218 0.07 0.44
Mar 2024 1412.6486560488088 0.63 1.29
Apr 2024 1420.204970260364 0.54 2.31
May 2024 1425.8169805431414 0.40 2.36
Jun 2024 1433.7027678885868 0.55 2.61
Jul 2024 1439.535266040481 0.41 2.61
Aug 2024 1446.6967266454346 0.50 3.21
Sep 2024 1450.5363691608597 0.27 3.26
Oct 2024 1459.0153743619376 0.59 4.00
Nov 2024 1468.1606923216425 0.63 4.37
Dec 2024 1481.5376981413835 0.91 5.76
Jan 2025 1486.4701475815878 0.33 5.97
Feb 2025 1489.1572243073006 0.18 6.08
Mar 2025 1489.9846514349595 0.06 5.48
Apr 2025 1494.214494394515 0.28 5.21
May 2025 1492.4481252861165 -0.12 4.67
Jun 2025 1493.7440485363845 0.09 4.19
Jul 2025 1495.1461572817423 0.09 3.86
Aug 2025 1500.4903648522875 0.36 3.72
Sep 2025 1502.7375386925285 0.15 3.60
Oct 2025 1500.5919756264134 -0.14 2.85
Nov 2025 1495.378476219403 -0.35 1.85
Dec 2025 1492.0125141446492 -0.22 0.71
Jan 2026 1491.734605157443 -0.02 0.35
Feb 2026 1493.7527821939586 0.14 0.31