Zip Code: 89121 (Las Vegas, Nevada) - 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 89121 Zip Code (Las Vegas, Nevada) in February 2026 was $1,341.949. The month over month percentage change (MoM) was 0.12%, and the year over year percentage change (YoY) was -0.18%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 89121 zip code (Las Vegas, Nevada). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 89121 zip code (Las Vegas, Nevada).

You can see similar information for other Nevada 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: 89121 (Las Vegas, Nevada) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 89121 (Las Vegas, Nevada) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 691.4737251220263 NaN NaN
Feb 2015 700.3084999004942 1.28 NaN
Mar 2015 0 -100.00 NaN
Apr 2015 717.6440000713981 Infinity NaN
May 2015 724.4233109107719 0.95 NaN
Jun 2015 724.8442197453938 0.06 NaN
Jul 2015 727.4932348435763 0.37 NaN
Aug 2015 728.5891654209402 0.15 NaN
Sep 2015 728.7157994230514 0.02 NaN
Oct 2015 724.6075144794453 -0.56 NaN
Nov 2015 741.7455551049298 2.37 NaN
Dec 2015 750.774777308898 1.22 NaN
Jan 2016 755.2574406418721 0.60 9.22
Feb 2016 751.8963924779096 -0.44 7.37
Mar 2016 748.278265396663 -0.48 Infinity
Apr 2016 751.8726487203512 0.48 4.77
May 2016 748.3951760544389 -0.46 3.31
Jun 2016 761.8019697306252 1.79 5.10
Jul 2016 763.2979466373267 0.20 4.92
Aug 2016 766.2122450089876 0.38 5.16
Sep 2016 766.6822786799871 0.06 5.21
Oct 2016 777.759065847405 1.45 7.34
Nov 2016 776.0391820870161 -0.22 4.62
Dec 2016 770.3202859152262 -0.74 2.60
Jan 2017 770.9900890774987 0.09 2.08
Feb 2017 789.4227510083888 2.39 4.99
Mar 2017 799.5321444890563 1.28 6.85
Apr 2017 798.5445250793529 -0.12 6.21
May 2017 797.0501232397438 -0.19 6.50
Jun 2017 799.8435871402204 0.35 4.99
Jul 2017 806.8338926717233 0.87 5.70
Aug 2017 821.8756181650526 1.86 7.27
Sep 2017 844.2512942667555 2.72 10.12
Oct 2017 856.012086223434 1.39 10.06
Nov 2017 852.7712009833069 -0.38 9.89
Dec 2017 849.7920551666928 -0.35 10.32
Jan 2018 851.164610965635 0.16 10.40
Feb 2018 842.3328454446976 -1.04 6.70
Mar 2018 842.6559773751254 0.04 5.39
Apr 2018 848.5481145460259 0.70 6.26
May 2018 866.1847605086747 2.08 8.67
Jun 2018 869.8011398730813 0.42 8.75
Jul 2018 883.3430491469087 1.56 9.48
Aug 2018 887.2285080725641 0.44 7.95
Sep 2018 893.9814479862442 0.76 5.89
Oct 2018 887.2566647635565 -0.75 3.65
Nov 2018 891.4971649995551 0.48 4.54
Dec 2018 896.2996143915359 0.54 5.47
Jan 2019 910.7812619469076 1.62 7.00
Feb 2019 922.1307847348477 1.25 9.47
Mar 2019 929.270184749269 0.77 10.28
Apr 2019 936.1512485438681 0.74 10.32
May 2019 935.2695691354228 -0.09 7.98
Jun 2019 939.9357666746874 0.50 8.06
Jul 2019 937.0876472625966 -0.30 6.08
Aug 2019 937.6599353009607 0.06 5.68
Sep 2019 932.9264259856898 -0.50 4.36
Oct 2019 942.3757919246274 1.01 6.21
Nov 2019 953.0192156791187 1.13 6.90
Dec 2019 964.1751398685464 1.17 7.57
Jan 2020 963.7057304896335 -0.05 5.81
Feb 2020 966.8953330913183 0.33 4.85
Mar 2020 974.8233229289913 0.82 4.90
Apr 2020 974.1855153442413 -0.06 4.06
May 2020 974.1362753918551 0.00 4.16
Jun 2020 970.8270881737013 -0.34 3.29
Jul 2020 969.2632648279271 -0.16 3.43
Aug 2020 988.7839305942961 2.01 5.45
Sep 2020 1000.5183468238448 1.19 7.25
Oct 2020 1021.8670354802989 2.13 8.44
Nov 2020 1017.4236734843423 -0.43 6.76
Dec 2020 1030.0169568326107 1.24 6.83
Jan 2021 1036.7640120962487 0.66 7.58
Feb 2021 1077.3827376468355 3.92 11.43
Mar 2021 1083.7479282097725 0.59 11.17
Apr 2021 1117.492834558065 3.11 14.71
May 2021 1139.1895142064209 1.94 16.94
Jun 2021 1189.94916813846 4.46 22.57
Jul 2021 1222.615643224147 2.75 26.14
Aug 2021 1236.16211135801 1.11 25.02
Sep 2021 1263.4122937043926 2.20 26.28
Oct 2021 1277.2915014468142 1.10 25.00
Nov 2021 1316.4526922604282 3.07 29.39
Dec 2021 1321.5134802266814 0.38 28.30
Jan 2022 1347.4151890535127 1.96 29.96
Feb 2022 1329.3732934270092 -1.34 23.39
Mar 2022 1337.4472087361428 0.61 23.41
Apr 2022 1327.7715082198508 -0.72 18.82
May 2022 1337.1207923532877 0.70 17.38
Jun 2022 1337.9622502760842 0.06 12.44
Jul 2022 1349.405400515797 0.86 10.37
Aug 2022 1357.3762565864295 0.59 9.81
Sep 2022 1340.2559955414813 -1.26 6.08
Oct 2022 1333.9950507342755 -0.47 4.44
Nov 2022 1315.1527821983245 -1.41 -0.10
Dec 2022 1318.5322980098954 0.26 -0.23
Jan 2023 1306.3396660949484 -0.92 -3.05
Feb 2023 1324.9133236046505 1.42 -0.33
Mar 2023 1346.0807072312896 1.60 0.65
Apr 2023 1353.7408404406492 0.57 1.96
May 2023 1347.5145357777205 -0.46 0.78
Jun 2023 1317.725105355045 -2.21 -1.51
Jul 2023 1315.0164874303975 -0.21 -2.55
Aug 2023 1293.9864489150677 -1.60 -4.67
Sep 2023 1307.2139870216183 1.02 -2.46
Oct 2023 1301.2288675349841 -0.46 -2.46
Nov 2023 1320.4219982949196 1.48 0.40
Dec 2023 1317.727591361634 -0.20 -0.06
Jan 2024 1316.3899308935038 -0.10 0.77
Feb 2024 1290.7276801614462 -1.95 -2.58
Mar 2024 1273.6472422247393 -1.32 -5.38
Apr 2024 1276.7685753476671 0.25 -5.69
May 2024 1287.1175962198745 0.81 -4.48
Jun 2024 1299.8928621732798 0.99 -1.35
Jul 2024 1304.3837377796547 0.35 -0.81
Aug 2024 1315.7640808592955 0.87 1.68
Sep 2024 1331.467405739813 1.19 1.86
Oct 2024 1322.2205046897711 -0.69 1.61
Nov 2024 1319.7006182904454 -0.19 -0.05
Dec 2024 1314.2655071300837 -0.41 -0.26
Jan 2025 1333.894554356013 1.49 1.33
Feb 2025 1344.369033802965 0.79 4.16
Mar 2025 1350.3059128247564 0.44 6.02
Apr 2025 1349.045927910378 -0.09 5.66
May 2025 1344.9456916163465 -0.30 4.49
Jun 2025 1350.3658082853794 0.40 3.88
Jul 2025 1348.041393187101 -0.17 3.35
Aug 2025 1350.0968948222062 0.15 2.61
Sep 2025 1336.5510353479397 -1.00 0.38
Oct 2025 1349.3292451575892 0.96 2.05
Nov 2025 1346.343740833779 -0.22 2.02
Dec 2025 1352.3569094779782 0.45 2.90
Jan 2026 1340.4023637312969 -0.88 0.49
Feb 2026 1341.9492753623188 0.12 -0.18