Zip Code: 89138 (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 89138 Zip Code (Las Vegas, Nevada) in February 2026 was $2,817.605. The month over month percentage change (MoM) was 0.52%, and the year over year percentage change (YoY) was 3.40%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 89138 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 89138 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: 89138 (Las Vegas, Nevada) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 89138 (Las Vegas, Nevada) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 0 NaN NaN
Feb 2021 0 NaN NaN
Mar 2021 0 NaN NaN
Apr 2021 2338.1116268194246 Infinity Infinity
May 2021 2356.9667903139025 0.81 Infinity
Jun 2021 2397.0570471847855 1.70 Infinity
Jul 2021 2423.9342587250208 1.12 Infinity
Aug 2021 2441.3805237953447 0.72 Infinity
Sep 2021 2445.523701440164 0.17 Infinity
Oct 2021 2489.729139984971 1.81 Infinity
Nov 2021 2529.0226354697697 1.58 Infinity
Dec 2021 2552.0785472548423 0.91 Infinity
Jan 2022 2596.283684149387 1.73 Infinity
Feb 2022 2610.601825585501 0.55 Infinity
Mar 2022 2647.56181997456 1.42 Infinity
Apr 2022 2675.5283732892394 1.06 14.43
May 2022 2676.4096261616346 0.03 13.55
Jun 2022 2663.6270911734055 -0.48 11.12
Jul 2022 2643.7824754377475 -0.74 9.07
Aug 2022 2647.6457487703333 0.15 8.45
Sep 2022 2664.6206370545833 0.64 8.96
Oct 2022 2633.263902004244 -1.18 5.77
Nov 2022 2603.8116552975616 -1.12 2.96
Dec 2022 2571.1667307046732 -1.25 0.75
Jan 2023 2589.6475678146967 0.72 -0.26
Feb 2023 2589.289309805448 -0.01 -0.82
Mar 2023 2593.705722092766 0.17 -2.03
Apr 2023 2570.2125575324417 -0.91 -3.94
May 2023 2585.0744667211493 0.58 -3.41
Jun 2023 2604.1723694871516 0.74 -2.23
Jul 2023 2613.9497257275434 0.38 -1.13
Aug 2023 2620.451096047575 0.25 -1.03
Sep 2023 2618.8652882485835 -0.06 -1.72
Oct 2023 2648.5317469603397 1.13 0.58
Nov 2023 2658.855788755338 0.39 2.11
Dec 2023 2694.1509040303454 1.33 4.78
Jan 2024 2667.153216315805 -1.00 2.99
Feb 2024 2694.5407451819783 1.03 4.07
Mar 2024 2673.3235778234002 -0.79 3.07
Apr 2024 2703.818227214377 1.14 5.20
May 2024 2695.4541778885414 -0.31 4.27
Jun 2024 2741.702222835152 1.72 5.28
Jul 2024 2744.1894476423877 0.09 4.98
Aug 2024 2747.685843804469 0.13 4.86
Sep 2024 2742.241640617257 -0.20 4.71
Oct 2024 2740.7651937061783 -0.05 3.48
Nov 2024 2735.5606330504484 -0.19 2.89
Dec 2024 2731.3754112395627 -0.15 1.38
Jan 2025 2735.560742052026 0.15 2.57
Feb 2025 2725.0292052148566 -0.38 1.13
Mar 2025 2740.60505526431 0.57 2.52
Apr 2025 2733.029079533113 -0.28 1.08
May 2025 2742.8865586083484 0.36 1.76
Jun 2025 2711.820747803168 -1.13 -1.09
Jul 2025 2721.2829843611526 0.35 -0.83
Aug 2025 2727.872890880126 0.24 -0.72
Sep 2025 2743.708560655992 0.58 0.05
Oct 2025 2750.4966865843767 0.25 0.36
Nov 2025 2770.4694586064575 0.73 1.28
Dec 2025 2779.7991342494456 0.34 1.77
Jan 2026 2803.0293863853362 0.84 2.47
Feb 2026 2817.605218855219 0.52 3.40