Zip Code: 89128 (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 89128 Zip Code (Las Vegas, Nevada) in February 2026 was $1,577.561. The month over month percentage change (MoM) was -0.81%, and the year over year percentage change (YoY) was -3.58%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 89128 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 89128 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: 89128 (Las Vegas, Nevada) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 89128 (Las Vegas, Nevada) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 858.1872051455487 NaN NaN
Feb 2015 864.7775192439391 0.77 NaN
Mar 2015 871.4372049177335 0.77 NaN
Apr 2015 873.565672106993 0.24 NaN
May 2015 877.8370653074875 0.49 NaN
Jun 2015 873.037042663851 -0.55 NaN
Jul 2015 875.8797233306935 0.33 NaN
Aug 2015 877.9714289506825 0.24 NaN
Sep 2015 883.9484864511063 0.68 NaN
Oct 2015 887.6208007078723 0.42 NaN
Nov 2015 896.8943267320755 1.05 NaN
Dec 2015 896.5668364830639 -0.04 NaN
Jan 2016 896.6114050659342 0.01 4.48
Feb 2016 899.6996162836439 0.34 4.04
Mar 2016 895.4493585240851 -0.47 2.76
Apr 2016 906.007166715168 1.18 3.71
May 2016 907.0199246366595 0.11 3.32
Jun 2016 924.850419003798 1.97 5.94
Jul 2016 928.852301140739 0.43 6.05
Aug 2016 934.4518071456313 0.60 6.43
Sep 2016 936.3098813509331 0.20 5.92
Oct 2016 941.0509180664719 0.51 6.02
Nov 2016 946.0767843580302 0.53 5.48
Dec 2016 954.1783048638846 0.86 6.43
Jan 2017 959.8302754638198 0.59 7.05
Feb 2017 964.162585868584 0.45 7.17
Mar 2017 976.5014323232937 1.28 9.05
Apr 2017 975.2476595070126 -0.13 7.64
May 2017 981.1737081372564 0.61 8.18
Jun 2017 976.1715820631571 -0.51 5.55
Jul 2017 983.4183277808494 0.74 5.88
Aug 2017 993.2958777421188 1.00 6.30
Sep 2017 996.8623898306074 0.36 6.47
Oct 2017 997.5635178485098 0.07 6.01
Nov 2017 998.4600469700351 0.09 5.54
Dec 2017 1008.1440979927471 0.97 5.66
Jan 2018 1020.106829296224 1.19 6.28
Feb 2018 1029.008525502712 0.87 6.73
Mar 2018 1031.7005837203187 0.26 5.65
Apr 2018 1041.3902164327312 0.94 6.78
May 2018 1045.5269224025383 0.40 6.56
Jun 2018 1056.2064027580468 1.02 8.20
Jul 2018 1066.1394122768588 0.94 8.41
Aug 2018 1073.4978845874025 0.69 8.07
Sep 2018 1080.9587172034135 0.70 8.44
Oct 2018 1084.8973329059618 0.36 8.76
Nov 2018 1094.5432697142448 0.89 9.62
Dec 2018 1099.0876175962303 0.42 9.02
Jan 2019 1106.1251729574951 0.64 8.43
Feb 2019 1106.6596031425743 0.05 7.55
Mar 2019 1113.482981704755 0.62 7.93
Apr 2019 1118.5917831888455 0.46 7.41
May 2019 1126.6237781835569 0.72 7.76
Jun 2019 1131.5939670586645 0.44 7.14
Jul 2019 1133.5177262287468 0.17 6.32
Aug 2019 1135.6402829680294 0.19 5.79
Sep 2019 1141.706610191783 0.53 5.62
Oct 2019 1151.3695823929395 0.85 6.13
Nov 2019 1155.9865307605987 0.40 5.61
Dec 2019 1159.4638853010913 0.30 5.49
Jan 2020 1160.1889814722665 0.06 4.89
Feb 2020 1167.7888579394826 0.66 5.52
Mar 2020 1177.3156772896346 0.82 5.73
Apr 2020 1186.1979560400907 0.75 6.04
May 2020 1173.354419323125 -1.08 4.15
Jun 2020 1161.2322443361156 -1.03 2.62
Jul 2020 1171.3478541038646 0.87 3.34
Aug 2020 1180.479879144317 0.78 3.95
Sep 2020 1204.374420650973 2.02 5.49
Oct 2020 1207.4846342972135 0.26 4.87
Nov 2020 1228.518217545119 1.74 6.27
Dec 2020 1233.3576836995487 0.39 6.37
Jan 2021 1259.424664516407 2.11 8.55
Feb 2021 1264.2743291464872 0.39 8.26
Mar 2021 1281.0485625544227 1.33 8.81
Apr 2021 1293.7193036694805 0.99 9.06
May 2021 1338.7690264169232 3.48 14.10
Jun 2021 1399.3764912360111 4.53 20.51
Jul 2021 1435.6517130783886 2.59 22.56
Aug 2021 1476.3223116744443 2.83 25.06
Sep 2021 1490.0230610289907 0.93 23.72
Oct 2021 1521.8427301746624 2.14 26.03
Nov 2021 1533.8618402244824 0.79 24.86
Dec 2021 1546.0075071664915 0.79 25.35
Jan 2022 1555.6160914981983 0.62 23.52
Feb 2022 1575.152048881242 1.26 24.59
Mar 2022 1588.8341107968465 0.87 24.03
Apr 2022 1591.223250147927 0.15 23.00
May 2022 1586.5964608276986 -0.29 18.51
Jun 2022 1586.6813833572662 0.01 13.39
Jul 2022 1584.4260871895992 -0.14 10.36
Aug 2022 1574.0614844663005 -0.65 6.62
Sep 2022 1555.6136688390739 -1.17 4.40
Oct 2022 1539.2966718942316 -1.05 1.15
Nov 2022 1532.4514452429992 -0.44 -0.09
Dec 2022 1540.1177141757735 0.50 -0.38
Jan 2023 1553.3889755065206 0.86 -0.14
Feb 2023 1556.9753255050703 0.23 -1.15
Mar 2023 1555.62587764625 -0.09 -2.09
Apr 2023 1562.9201734664073 0.47 -1.78
May 2023 1568.4244657977115 0.35 -1.14
Jun 2023 1559.2207363421062 -0.59 -1.73
Jul 2023 1558.0619074063966 -0.07 -1.66
Aug 2023 1547.801045169931 -0.66 -1.67
Sep 2023 1557.0074690426163 0.60 0.09
Oct 2023 1578.9428297951342 1.41 2.58
Nov 2023 1586.4447115643518 0.48 3.52
Dec 2023 1599.9167888712186 0.85 3.88
Jan 2024 1571.8878511389373 -1.75 1.19
Feb 2024 1565.1470996734952 -0.43 0.53
Mar 2024 1569.9173924202003 0.31 0.92
Apr 2024 1589.3963944137695 1.24 1.69
May 2024 1605.1743870614664 0.99 2.34
Jun 2024 1600.8030531899558 -0.27 2.67
Jul 2024 1605.787929984226 0.31 3.06
Aug 2024 1624.3605420708632 1.16 4.95
Sep 2024 1642.4187218155716 1.11 5.49
Oct 2024 1621.1972652377765 -1.29 2.68
Nov 2024 1607.079299369913 -0.87 1.30
Dec 2024 1599.4057070651338 -0.48 -0.03
Jan 2025 1622.3115102007296 1.43 3.21
Feb 2025 1636.0641871780535 0.85 4.53
Mar 2025 1634.7797904456443 -0.08 4.13
Apr 2025 1619.6094787553793 -0.93 1.90
May 2025 1607.968172650534 -0.72 0.17
Jun 2025 1616.5575660059592 0.53 0.98
Jul 2025 1614.7482242191895 -0.11 0.56
Aug 2025 1607.6581299696234 -0.44 -1.03
Sep 2025 1593.3141557886102 -0.89 -2.99
Oct 2025 1599.9268419856267 0.42 -1.31
Nov 2025 1606.2961415032712 0.40 -0.05
Dec 2025 1601.155906839485 -0.32 0.11
Jan 2026 1590.4737185281142 -0.67 -1.96
Feb 2026 1577.5613465481886 -0.81 -3.58