Zip Code: 87507 (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 87507 Zip Code (Santa Fe, New Mexico) in February 2026 was $1,884.236. The month over month percentage change (MoM) was 0.22%, and the year over year percentage change (YoY) was 0.88%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 87507 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 87507 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: 87507 (Santa Fe, New Mexico) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 87507 (Santa Fe, New Mexico) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 1201.5828839009575 Infinity Infinity
Jun 2018 1199.7430397513363 -0.15 Infinity
Jul 2018 1207.3131156321067 0.63 Infinity
Aug 2018 1204.0784475830296 -0.27 Infinity
Sep 2018 1206.9081426308437 0.24 Infinity
Oct 2018 1217.629682460676 0.89 Infinity
Nov 2018 1243.3777516102857 2.12 Infinity
Dec 2018 1269.505912554343 2.10 Infinity
Jan 2019 1294.939742955024 2.00 Infinity
Feb 2019 1301.2619190744379 0.49 Infinity
Mar 2019 1282.1430698534555 -1.47 Infinity
Apr 2019 1288.0703355272021 0.46 Infinity
May 2019 1276.4938209527656 -0.90 6.23
Jun 2019 1296.847156634647 1.59 8.09
Jul 2019 1310.0898695421195 1.02 8.51
Aug 2019 1328.3504615147494 1.39 10.32
Sep 2019 1351.9570601007408 1.78 12.02
Oct 2019 1367.9659853829721 1.18 12.35
Nov 2019 1359.0033428873824 -0.65 9.30
Dec 2019 1357.5206655952613 -0.11 6.93
Jan 2020 1352.0298051111804 -0.40 4.41
Feb 2020 1394.3953315993058 3.13 7.16
Mar 2020 1403.5158478003586 0.65 9.47
Apr 2020 1400.810745329575 -0.19 8.75
May 2020 1358.6146306935002 -3.01 6.43
Jun 2020 1331.7149418062315 -1.98 2.69
Jul 2020 1323.8494553453957 -0.59 1.05
Aug 2020 1335.4608630457544 0.88 0.54
Sep 2020 1344.9521685393386 0.71 -0.52
Oct 2020 1374.8933027139296 2.23 0.51
Nov 2020 1400.88572054982 1.89 3.08
Dec 2020 1409.7014091959106 0.63 3.84
Jan 2021 1412.3839834197863 0.19 4.46
Feb 2021 1388.5364937476484 -1.69 -0.42
Mar 2021 1382.486336512626 -0.44 -1.50
Apr 2021 1379.9853349877305 -0.18 -1.49
May 2021 1418.5036787076144 2.79 4.41
Jun 2021 1449.4419980397784 2.18 8.84
Jul 2021 1499.517902621075 3.46 13.27
Aug 2021 1527.905144104744 1.89 14.41
Sep 2021 1568.1860591664795 2.64 16.60
Oct 2021 1590.807765513191 1.44 15.70
Nov 2021 1609.142828732366 1.15 14.87
Dec 2021 1616.121030339072 0.43 14.64
Jan 2022 1621.2366420971366 0.32 14.79
Feb 2022 1642.1072947421792 1.29 18.26
Mar 2022 1657.1496534803484 0.92 19.87
Apr 2022 1680.6366841952463 1.42 21.79
May 2022 1680.495539377892 -0.01 18.47
Jun 2022 1695.8520879335704 0.91 17.00
Jul 2022 1692.9520837610773 -0.17 12.90
Aug 2022 1712.019824895939 1.13 12.05
Sep 2022 1720.925029792808 0.52 9.74
Oct 2022 1703.5886027517931 -1.01 7.09
Nov 2022 1712.478383690044 0.52 6.42
Dec 2022 1727.354716542439 0.87 6.88
Jan 2023 1772.8940247306662 2.64 9.35
Feb 2023 1773.6033000176978 0.04 8.01
Mar 2023 1797.1083947926077 1.33 8.45
Apr 2023 1815.7829995391967 1.04 8.04
May 2023 1844.932559682661 1.61 9.79
Jun 2023 1847.4371578221458 0.14 8.94
Jul 2023 1833.9529231814809 -0.73 8.33
Aug 2023 1824.2218496127475 -0.53 6.55
Sep 2023 1803.8854683575514 -1.11 4.82
Oct 2023 1818.4219509033449 0.81 6.74
Nov 2023 1816.5613900564674 -0.10 6.08
Dec 2023 1843.1373940887563 1.46 6.70
Jan 2024 1835.2103684244346 -0.43 3.52
Feb 2024 1851.0618663671878 0.86 4.37
Mar 2024 1854.3036378123193 0.18 3.18
Apr 2024 1872.4489871619492 0.98 3.12
May 2024 1857.6602122906684 -0.79 0.69
Jun 2024 1858.5488925618076 0.05 0.60
Jul 2024 1864.0005067092773 0.29 1.64
Aug 2024 1873.6589203608185 0.52 2.71
Sep 2024 1881.0567457331888 0.40 4.28
Oct 2024 1884.9177003812108 0.21 3.66
Nov 2024 1898.8643613561017 0.74 4.53
Dec 2024 1882.1676538501622 -0.88 2.12
Jan 2025 1874.6857495121253 -0.40 2.15
Feb 2025 1867.8239091929815 -0.37 0.91
Mar 2025 1861.513780542963 -0.34 0.39
Apr 2025 1844.3763574174584 -0.92 -1.50
May 2025 1850.1779825432448 0.32 -0.40
Jun 2025 1853.7111075983626 0.19 -0.26
Jul 2025 1864.0476486274608 0.56 0.00
Aug 2025 1865.170040408459 0.06 -0.45
Sep 2025 1874.0863211299352 0.48 -0.37
Oct 2025 1874.488903244951 0.02 -0.55
Nov 2025 1869.7536367563196 -0.25 -1.53
Dec 2025 1873.049317907838 0.18 -0.48
Jan 2026 1880.0676082082643 0.38 0.29
Feb 2026 1884.2364926739926 0.22 0.88