Zip Code: 89431 (Sparks, 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 89431 Zip Code (Sparks, Nevada) in February 2026 was $1,659.135. The month over month percentage change (MoM) was 2.36%, and the year over year percentage change (YoY) was 9.65%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 89431 zip code (Sparks, Nevada). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 89431 zip code (Sparks, 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: 89431 (Sparks, Nevada) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 89431 (Sparks, Nevada) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 748.4671605469465 NaN NaN
Feb 2015 751.1023092056505 0.35 NaN
Mar 2015 747.301360517032 -0.51 NaN
Apr 2015 750.4205028748324 0.42 NaN
May 2015 749.7396896532432 -0.09 NaN
Jun 2015 761.4201413206822 1.56 NaN
Jul 2015 767.3700069317073 0.78 NaN
Aug 2015 778.4967973864683 1.45 NaN
Sep 2015 794.1849508454205 2.02 NaN
Oct 2015 799.7392035308777 0.70 NaN
Nov 2015 798.3759415044616 -0.17 NaN
Dec 2015 797.1731822432395 -0.15 NaN
Jan 2016 804.2797492582333 0.89 7.46
Feb 2016 0 -100.00 -100.00
Mar 2016 819.311829948791 Infinity 9.64
Apr 2016 820.0505049911703 0.09 9.28
May 2016 836.0568518647789 1.95 11.51
Jun 2016 840.0753746360405 0.48 10.33
Jul 2016 857.0509177481464 2.02 11.69
Aug 2016 851.9631342205311 -0.59 9.44
Sep 2016 858.222598471129 0.74 8.06
Oct 2016 860.1665547977983 0.23 7.56
Nov 2016 880.1203982599595 2.32 10.24
Dec 2016 898.0200236263063 2.03 12.65
Jan 2017 904.9757487043072 0.78 12.52
Feb 2017 906.7289312218588 0.19 Infinity
Mar 2017 910.7104452205532 0.44 11.16
Apr 2017 923.7709407485926 1.43 12.65
May 2017 926.5398502666178 0.30 10.82
Jun 2017 935.087080006407 0.92 11.31
Jul 2017 938.1130735769558 0.32 9.46
Aug 2017 959.2679583670582 2.26 12.60
Sep 2017 968.0606106544035 0.92 12.80
Oct 2017 982.6596329965425 1.51 14.24
Nov 2017 995.3050116722826 1.29 13.09
Dec 2017 1000.5494427889741 0.53 11.42
Jan 2018 1009.163110170963 0.86 11.51
Feb 2018 1018.8525633415607 0.96 12.37
Mar 2018 1026.498626361795 0.75 12.71
Apr 2018 1051.3730165196964 2.42 13.81
May 2018 1060.0760445899211 0.83 14.41
Jun 2018 1077.0736904989456 1.60 15.18
Jul 2018 1083.9089148786893 0.64 15.54
Aug 2018 1095.3904358125903 1.06 14.19
Sep 2018 1106.517349172474 1.02 14.30
Oct 2018 1104.3283500668397 -0.20 12.38
Nov 2018 1099.6311478975929 -0.42 10.48
Dec 2018 1101.6699323113182 0.19 10.11
Jan 2019 1124.317143046086 2.06 11.41
Feb 2019 1129.6724076820717 0.48 10.88
Mar 2019 1141.2889561677162 1.03 11.18
Apr 2019 1134.0664866558352 -0.63 7.87
May 2019 1142.3119368053267 0.73 7.76
Jun 2019 1142.9316655641867 0.05 6.12
Jul 2019 1151.637917355849 0.76 6.25
Aug 2019 1151.5733929650132 -0.01 5.13
Sep 2019 1155.6202183800542 0.35 4.44
Oct 2019 1168.2968170332651 1.10 5.79
Nov 2019 1179.580063899583 0.97 7.27
Dec 2019 1190.0259310359233 0.89 8.02
Jan 2020 1183.9597638199768 -0.51 5.31
Feb 2020 1192.1157633459845 0.69 5.53
Mar 2020 1194.8719927063912 0.23 4.70
Apr 2020 1206.8301022677972 1.00 6.42
May 2020 1200.0896505305718 -0.56 5.06
Jun 2020 1196.443433551179 -0.30 4.68
Jul 2020 1199.991854955936 0.30 4.20
Aug 2020 1220.0610794674458 1.67 5.95
Sep 2020 1235.6243118737632 1.28 6.92
Oct 2020 1242.2247306101092 0.53 6.33
Nov 2020 1249.2820044732682 0.57 5.91
Dec 2020 1264.467246123148 1.22 6.26
Jan 2021 1289.5628708567517 1.99 8.92
Feb 2021 1304.7401163680388 1.18 9.45
Mar 2021 1324.5888332481443 1.52 10.86
Apr 2021 1342.086097229514 1.32 11.21
May 2021 1373.020315525508 2.31 14.41
Jun 2021 1391.4609595332718 1.34 16.30
Jul 2021 1407.3347063389938 1.14 17.28
Aug 2021 1403.832394712377 -0.25 15.06
Sep 2021 1419.5308159067383 1.12 14.88
Oct 2021 1417.5824869290411 -0.14 14.12
Nov 2021 1429.9567065379892 0.87 14.46
Dec 2021 1418.427791734135 -0.81 12.18
Jan 2022 1427.1653364745816 0.62 10.67
Feb 2022 1433.9101944730166 0.47 9.90
Mar 2022 1442.728239755652 0.62 8.92
Apr 2022 1443.8050479113213 0.08 7.58
May 2022 1436.5577166431385 -0.50 4.63
Jun 2022 1449.6616738097882 0.91 4.18
Jul 2022 1462.8364290285608 0.91 3.94
Aug 2022 1474.4948507193476 0.80 5.03
Sep 2022 1463.7024467130163 -0.73 3.11
Oct 2022 1469.1220107211218 0.37 3.64
Nov 2022 1471.82081011492 0.18 2.93
Dec 2022 1487.1836247956946 1.04 4.85
Jan 2023 1485.1244467053605 -0.14 4.06
Feb 2023 1477.3734308751768 -0.52 3.03
Mar 2023 1463.898482796019 -0.91 1.47
Apr 2023 1459.7596220557778 -0.28 1.11
May 2023 1463.9685689965172 0.29 1.91
Jun 2023 1461.2068985715687 -0.19 0.80
Jul 2023 1454.9870292761216 -0.43 -0.54
Aug 2023 1444.6536930114926 -0.71 -2.02
Sep 2023 1452.340732653977 0.53 -0.78
Oct 2023 1461.5719847907294 0.64 -0.51
Nov 2023 1477.1893559751643 1.07 0.37
Dec 2023 1480.0973837462286 0.20 -0.48
Jan 2024 1478.4969724122777 -0.11 -0.45
Feb 2024 1473.028269612003 -0.37 -0.29
Mar 2024 1476.800128689369 0.26 0.88
Apr 2024 1479.1630488934445 0.16 1.33
May 2024 1487.191176379324 0.54 1.59
Jun 2024 1489.337767418457 0.14 1.93
Jul 2024 1488.9483270735475 -0.03 2.33
Aug 2024 1497.9371034211442 0.60 3.69
Sep 2024 1500.2774158636182 0.16 3.30
Oct 2024 1504.2165211459721 0.26 2.92
Nov 2024 1520.5646346847568 1.09 2.94
Dec 2024 1520.3548199497438 -0.01 2.72
Jan 2025 1525.0569213530728 0.31 3.15
Feb 2025 1513.1880461939836 -0.78 2.73
Mar 2025 1523.3390920065333 0.67 3.15
Apr 2025 1532.5807027399594 0.61 3.61
May 2025 1535.5272537736696 0.19 3.25
Jun 2025 1543.771236676221 0.54 3.66
Jul 2025 1556.8842437088692 0.85 4.56
Aug 2025 1566.9284630102454 0.65 4.61
Sep 2025 1578.5869256646358 0.74 5.22
Oct 2025 1586.9743956553425 0.53 5.50
Nov 2025 1584.2988879441039 -0.17 4.19
Dec 2025 1600.8854159158382 1.05 5.30
Jan 2026 1620.8757583459253 1.25 6.28
Feb 2026 1659.1353535353537 2.36 9.65