Zip Code: 87112 (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 87112 Zip Code (Albuquerque, New Mexico) in February 2026 was $1,449.119. The month over month percentage change (MoM) was 0.93%, and the year over year percentage change (YoY) was 4.09%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 87112 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 87112 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: 87112 (Albuquerque, New Mexico) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 87112 (Albuquerque, New Mexico) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 761.6358062656946 Infinity Infinity
Jul 2016 761.3289223315331 -0.04 Infinity
Aug 2016 773.6119489098911 1.61 Infinity
Sep 2016 774.0639276126279 0.06 Infinity
Oct 2016 779.9094030105016 0.76 Infinity
Nov 2016 784.7334643081573 0.62 Infinity
Dec 2016 791.3429706991137 0.84 Infinity
Jan 2017 790.7169607635489 -0.08 Infinity
Feb 2017 781.2658538064187 -1.19 Infinity
Mar 2017 779.0984824956057 -0.28 Infinity
Apr 2017 774.0155305565879 -0.65 Infinity
May 2017 792.0117481726962 2.33 Infinity
Jun 2017 797.6658943136375 0.71 4.73
Jul 2017 803.6177165536182 0.75 5.56
Aug 2017 792.8942499013771 -1.33 2.49
Sep 2017 793.7777317083502 0.11 2.55
Oct 2017 798.2402787515982 0.56 2.35
Nov 2017 806.8934402473167 1.08 2.82
Dec 2017 814.4015839550623 0.93 2.91
Jan 2018 813.9954806032686 -0.05 2.94
Feb 2018 822.9451915888718 1.10 5.34
Mar 2018 823.176223474757 0.03 5.66
Apr 2018 829.8690992350586 0.81 7.22
May 2018 819.6432471930892 -1.23 3.49
Jun 2018 825.4523456722853 0.71 3.48
Jul 2018 828.50574693817 0.37 3.10
Aug 2018 837.911094497047 1.14 5.68
Sep 2018 843.5002596234399 0.67 6.26
Oct 2018 846.0068464697789 0.30 5.98
Nov 2018 852.7792515880224 0.80 5.69
Dec 2018 852.5994164477871 -0.02 4.69
Jan 2019 854.0045586277997 0.17 4.92
Feb 2019 858.2384364754967 0.50 4.29
Mar 2019 864.6625833261697 0.75 5.04
Apr 2019 869.4022153254841 0.55 4.76
May 2019 878.9662938749229 1.10 7.24
Jun 2019 881.7699176853586 0.32 6.82
Jul 2019 884.4811531474112 0.31 6.76
Aug 2019 888.1125560447155 0.41 5.99
Sep 2019 891.5356917156865 0.39 5.70
Oct 2019 894.3648476511496 0.32 5.72
Nov 2019 891.8163377987606 -0.28 4.58
Dec 2019 895.2300415511256 0.38 5.00
Jan 2020 902.6618973326304 0.83 5.70
Feb 2020 904.5820131487473 0.21 5.40
Mar 2020 900.5269559139869 -0.45 4.15
Apr 2020 904.4791969066437 0.44 4.04
May 2020 906.6251845908976 0.24 3.15
Jun 2020 911.9431696734995 0.59 3.42
Jul 2020 912.8777675745675 0.10 3.21
Aug 2020 912.8276543481577 0.00 2.78
Sep 2020 934.6806095943087 2.39 4.84
Oct 2020 943.005215739215 0.89 5.44
Nov 2020 965.362532151741 2.37 8.25
Dec 2020 961.3615970175621 -0.41 7.39
Jan 2021 966.7143702204464 0.56 7.10
Feb 2021 965.9390841508555 -0.08 6.78
Mar 2021 985.665013962776 2.04 9.45
Apr 2021 1006.2051459400741 2.08 11.25
May 2021 1025.7621107922466 1.94 13.14
Jun 2021 1035.4824221610813 0.95 13.55
Jul 2021 1047.9229873839001 1.20 14.79
Aug 2021 1078.3211697737597 2.90 18.13
Sep 2021 1075.731098423451 -0.24 15.09
Oct 2021 1090.3185860459575 1.36 15.62
Nov 2021 1075.4812938669108 -1.36 11.41
Dec 2021 1128.531833139375 4.93 17.39
Jan 2022 1142.011214583996 1.19 18.13
Feb 2022 1181.0799247131242 3.42 22.27
Mar 2022 1162.6739142119948 -1.56 17.96
Apr 2022 1154.7034945534917 -0.69 14.76
May 2022 1159.7489683543135 0.44 13.06
Jun 2022 1178.540019298735 1.62 13.82
Jul 2022 1202.1778123279232 2.01 14.72
Aug 2022 1209.5502912156478 0.61 12.17
Sep 2022 1231.1268275822904 1.78 14.45
Oct 2022 1250.6164950514667 1.58 14.70
Nov 2022 1275.0297771515075 1.95 18.55
Dec 2022 1253.225885902547 -1.71 11.05
Jan 2023 1262.401051529872 0.73 10.54
Feb 2023 1244.4071960380134 -1.42 5.36
Mar 2023 1267.8393110521583 1.88 9.05
Apr 2023 1280.1850368416212 0.97 10.87
May 2023 1299.1204214508673 1.48 12.02
Jun 2023 1303.5579868438683 0.34 10.61
Jul 2023 1303.0576887087495 -0.04 8.39
Aug 2023 1301.2281344540256 -0.14 7.58
Sep 2023 1307.982768728842 0.52 6.24
Oct 2023 1298.6802830275496 -0.71 3.84
Nov 2023 1323.0405393674175 1.88 3.77
Dec 2023 1328.2064584122033 0.39 5.98
Jan 2024 1342.1134567916388 1.05 6.31
Feb 2024 1332.8320581616554 -0.69 7.11
Mar 2024 1342.3069047779654 0.71 5.87
Apr 2024 1353.7128062305753 0.85 5.74
May 2024 1349.3006484762554 -0.33 3.86
Jun 2024 1345.6502569492172 -0.27 3.23
Jul 2024 1348.5888812188282 0.22 3.49
Aug 2024 1362.0342445606195 1.00 4.67
Sep 2024 1372.9206362038217 0.80 4.97
Oct 2024 1367.5055377000224 -0.39 5.30
Nov 2024 1365.7260183268997 -0.13 3.23
Dec 2024 1364.42290927106 -0.09 2.73
Jan 2025 1382.8653559786196 1.35 3.04
Feb 2025 1392.2120437667813 0.68 4.46
Mar 2025 1391.5061133039248 -0.05 3.67
Apr 2025 1392.5204722873048 0.07 2.87
May 2025 1399.2403739967017 0.48 3.70
Jun 2025 1409.6882123109558 0.75 4.76
Jul 2025 1416.0915106462573 0.45 5.01
Aug 2025 1417.8189562997486 0.12 4.10
Sep 2025 1415.2667967233176 -0.18 3.08
Oct 2025 1433.2154925541643 1.27 4.81
Nov 2025 1431.3297069745943 -0.13 4.80
Dec 2025 1446.240870196491 1.04 6.00
Jan 2026 1435.8161223029506 -0.72 3.83
Feb 2026 1449.118881118881 0.93 4.09