Zip Code: 87505 (Santa Fe, 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 87505 Zip Code (Santa Fe, New Mexico) in February 2026 was $1,822.369. The month over month percentage change (MoM) was -0.28%, and the year over year percentage change (YoY) was -2.39%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 87505 zip code (Santa Fe, New Mexico). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 87505 zip code (Santa Fe, 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: 87505 (Santa Fe, New Mexico) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 87505 (Santa Fe, New Mexico) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 1399.9719019855368 Infinity Infinity
Feb 2021 1403.2154024465297 0.23 Infinity
Mar 2021 1422.0898577458659 1.35 Infinity
Apr 2021 1435.705872845681 0.96 Infinity
May 2021 1452.2739979769099 1.15 Infinity
Jun 2021 1472.2139644486995 1.37 Infinity
Jul 2021 1505.134199966125 2.24 Infinity
Aug 2021 1550.0380630886264 2.98 Infinity
Sep 2021 1577.070851908147 1.74 Infinity
Oct 2021 1560.3854371512382 -1.06 Infinity
Nov 2021 1570.3534717531722 0.64 Infinity
Dec 2021 1604.0926578271994 2.15 Infinity
Jan 2022 1649.1355581196572 2.81 17.80
Feb 2022 1653.1423053428002 0.24 17.81
Mar 2022 1658.9146803620881 0.35 16.65
Apr 2022 1665.76719422246 0.41 16.02
May 2022 1679.0756856142127 0.80 15.62
Jun 2022 1677.7479148374016 -0.08 13.96
Jul 2022 1677.419709689629 -0.02 11.45
Aug 2022 1690.159616849915 0.76 9.04
Sep 2022 1702.9086378931916 0.75 7.98
Oct 2022 1722.0353331629738 1.12 10.36
Nov 2022 1734.5300644209249 0.73 10.46
Dec 2022 1738.2461725425314 0.21 8.36
Jan 2023 1726.6028601703142 -0.67 4.70
Feb 2023 1737.363089319654 0.62 5.10
Mar 2023 1753.138022946808 0.91 5.68
Apr 2023 1782.1979204831725 1.66 6.99
May 2023 1798.6516754029087 0.92 7.12
Jun 2023 1814.0842661661347 0.86 8.13
Jul 2023 1805.8267586488817 -0.45 7.66
Aug 2023 1786.5961406484194 -1.06 5.71
Sep 2023 1776.9281784300638 -0.54 4.35
Oct 2023 1803.62888930976 1.50 4.74
Nov 2023 1834.457140406739 1.71 5.76
Dec 2023 1844.0604441805976 0.52 6.09
Jan 2024 1844.0190063885673 0.00 6.80
Feb 2024 1843.348982240166 -0.04 6.10
Mar 2024 1850.5060548261736 0.39 5.55
Apr 2024 1843.2245721466034 -0.39 3.42
May 2024 1850.5362907133492 0.40 2.89
Jun 2024 1860.6043050694698 0.54 2.56
Jul 2024 1880.4027342580919 1.06 4.13
Aug 2024 1877.4244128335222 -0.16 5.08
Sep 2024 1866.7349701028863 -0.57 5.05
Oct 2024 1840.2282756395332 -1.42 2.03
Nov 2024 1847.466464854565 0.39 0.71
Dec 2024 1853.657936041019 0.34 0.52
Jan 2025 1865.4952518359378 0.64 1.17
Feb 2025 1866.9331891311806 0.08 1.28
Mar 2025 1862.4384526161718 -0.24 0.65
Apr 2025 1861.2626348827584 -0.06 0.98
May 2025 1852.612540081306 -0.46 0.11
Jun 2025 1844.6605540754706 -0.43 -0.86
Jul 2025 1838.5885467115065 -0.33 -2.22
Aug 2025 1850.4946707113957 0.65 -1.43
Sep 2025 1862.8127600073221 0.67 -0.21
Oct 2025 1868.842257637885 0.32 1.56
Nov 2025 1846.8977627180222 -1.17 -0.03
Dec 2025 1836.375413679338 -0.57 -0.93
Jan 2026 1827.5383333557124 -0.48 -2.03
Feb 2026 1822.3693977591038 -0.28 -2.39