Zip Code: 89503 (Reno, 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 89503 Zip Code (Reno, Nevada) in February 2026 was $1,893.138. The month over month percentage change (MoM) was 1.30%, and the year over year percentage change (YoY) was 4.27%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 89503 zip code (Reno, Nevada). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 89503 zip code (Reno, 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: 89503 (Reno, Nevada) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 89503 (Reno, Nevada) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 877.6187709146382 NaN NaN
Feb 2015 888.705280563802 1.26 NaN
Mar 2015 898.9509241417741 1.15 NaN
Apr 2015 891.8216176339671 -0.79 NaN
May 2015 899.0900536312624 0.82 NaN
Jun 2015 899.6339915554303 0.06 NaN
Jul 2015 903.4477213630101 0.42 NaN
Aug 2015 906.0933561662198 0.29 NaN
Sep 2015 907.7080685930406 0.18 NaN
Oct 2015 926.8094587779741 2.10 NaN
Nov 2015 945.3511544909027 2.00 NaN
Dec 2015 971.800924466145 2.80 NaN
Jan 2016 959.5272084283453 -1.26 9.33
Feb 2016 966.9063849580067 0.77 8.80
Mar 2016 961.569017470019 -0.55 6.97
Apr 2016 982.520715894021 2.18 10.17
May 2016 983.2887084303413 0.08 9.37
Jun 2016 985.2066154117306 0.20 9.51
Jul 2016 1002.0735912046578 1.71 10.92
Aug 2016 1008.1683803158968 0.61 11.27
Sep 2016 1020.3400375068005 1.21 12.41
Oct 2016 1019.8373241394559 -0.05 10.04
Nov 2016 1029.2503190795962 0.92 8.88
Dec 2016 1039.9944571643466 1.04 7.02
Jan 2017 1062.8985880986836 2.20 10.77
Feb 2017 1061.342051220873 -0.15 9.77
Mar 2017 1073.5529262608593 1.15 11.65
Apr 2017 1082.5639487202416 0.84 10.18
May 2017 1115.5774330916431 3.05 13.45
Jun 2017 1136.425968362717 1.87 15.35
Jul 2017 1141.0927261559239 0.41 13.87
Aug 2017 1142.0665567159585 0.09 13.28
Sep 2017 1151.0601554954103 0.79 12.81
Oct 2017 1154.9856612442084 0.34 13.25
Nov 2017 1164.8064583592038 0.85 13.17
Dec 2017 1158.730408434725 -0.52 11.42
Jan 2018 1185.4564916675063 2.31 11.53
Feb 2018 1205.87078309903 1.72 13.62
Mar 2018 1234.1693173277497 2.35 14.96
Apr 2018 1247.6219354341738 1.09 15.25
May 2018 1241.1979215504393 -0.51 11.26
Jun 2018 1241.228105864213 0.00 9.22
Jul 2018 1239.773009000339 -0.12 8.65
Aug 2018 1260.765302170481 1.69 10.39
Sep 2018 1263.2121037279426 0.19 9.74
Oct 2018 1287.307468384094 1.91 11.46
Nov 2018 1293.0078567227308 0.44 11.01
Dec 2018 1314.2188623107395 1.64 13.42
Jan 2019 1301.1825148449493 -0.99 9.76
Feb 2019 1305.6334836187286 0.34 8.27
Mar 2019 1300.4451807012854 -0.40 5.37
Apr 2019 1303.1717629707362 0.21 4.45
May 2019 1312.8948200382274 0.75 5.78
Jun 2019 1324.5680631022196 0.89 6.71
Jul 2019 1342.2706395833852 1.34 8.27
Aug 2019 1346.3493232699968 0.30 6.79
Sep 2019 1359.2117411009626 0.96 7.60
Oct 2019 1359.565778106185 0.03 5.61
Nov 2019 1368.758551321262 0.68 5.86
Dec 2019 1373.8216771518528 0.37 4.54
Jan 2020 1386.4213357495607 0.92 6.55
Feb 2020 1394.5303541251023 0.59 6.81
Mar 2020 1398.5212918816678 0.29 7.54
Apr 2020 1397.4838970315648 -0.07 7.24
May 2020 1389.7923786313727 -0.55 5.86
Jun 2020 1385.9763595901902 -0.28 4.64
Jul 2020 1386.7826393251355 0.06 3.32
Aug 2020 1388.0752558661495 0.09 3.10
Sep 2020 1410.8396617336396 1.64 3.80
Oct 2020 1436.5499641162944 1.82 5.66
Nov 2020 1465.202674702618 2.00 7.05
Dec 2020 1468.7808776647732 0.24 6.91
Jan 2021 1485.250411932545 1.12 7.13
Feb 2021 1505.1806807708533 1.34 7.94
Mar 2021 1518.5420488778864 0.89 8.58
Apr 2021 1533.3369854290688 0.97 9.72
May 2021 1533.5025913685522 0.01 10.34
Jun 2021 1543.264525455719 0.64 11.35
Jul 2021 1576.4553698521963 2.15 13.68
Aug 2021 1608.3903719299813 2.03 15.87
Sep 2021 1620.7749238012452 0.77 14.88
Oct 2021 1639.936860304049 1.18 14.16
Nov 2021 1638.0124005542514 -0.12 11.79
Dec 2021 1661.3836280821006 1.43 13.11
Jan 2022 1672.5751709525823 0.67 12.61
Feb 2022 1680.9334529424345 0.50 11.68
Mar 2022 1680.5994146769615 -0.02 10.67
Apr 2022 1672.7372517138242 -0.47 9.09
May 2022 1696.9303621561564 1.45 10.66
Jun 2022 1717.4445771518099 1.21 11.29
Jul 2022 1727.4174406826412 0.58 9.58
Aug 2022 1723.1868308353214 -0.24 7.14
Sep 2022 1719.9442780631887 -0.19 6.12
Oct 2022 1711.7557592284609 -0.48 4.38
Nov 2022 1719.0146855751245 0.42 4.95
Dec 2022 1739.0151234680538 1.16 4.67
Jan 2023 1736.3712367377227 -0.15 3.81
Feb 2023 1735.793626729469 -0.03 3.26
Mar 2023 1735.1020909823546 -0.04 3.24
Apr 2023 1753.148285551458 1.04 4.81
May 2023 1767.7315077281883 0.83 4.17
Jun 2023 1769.208725148429 0.08 3.01
Jul 2023 1766.0203519520142 -0.18 2.24
Aug 2023 1754.399420276869 -0.66 1.81
Sep 2023 1757.900017455399 0.20 2.21
Oct 2023 1754.623787492943 -0.19 2.50
Nov 2023 1760.3947175801434 0.33 2.41
Dec 2023 1747.7868147865577 -0.72 0.50
Jan 2024 1764.6614859973688 0.97 1.63
Feb 2024 1754.656361793744 -0.57 1.09
Mar 2024 1755.8082683537355 0.07 1.19
Apr 2024 1771.0905212730888 0.87 1.02
May 2024 1778.9103706124445 0.44 0.63
Jun 2024 1778.692476248349 -0.01 0.54
Jul 2024 1769.8507592951812 -0.50 0.22
Aug 2024 1799.6518478547712 1.68 2.58
Sep 2024 1805.9735571301046 0.35 2.74
Oct 2024 1812.1275881839533 0.34 3.28
Nov 2024 1820.140940683401 0.44 3.39
Dec 2024 1803.8164058126263 -0.90 3.21
Jan 2025 1819.1986964846672 0.85 3.09
Feb 2025 1815.541587078891 -0.20 3.47
Mar 2025 1823.7327914415428 0.45 3.87
Apr 2025 1813.7847327087015 -0.55 2.41
May 2025 1806.035948839143 -0.43 1.53
Jun 2025 1811.914613283 0.33 1.87
Jul 2025 1828.7003923231057 0.93 3.33
Aug 2025 1823.2408485435726 -0.30 1.31
Sep 2025 1829.717796481371 0.36 1.32
Oct 2025 1841.0554226218824 0.62 1.60
Nov 2025 1844.7515321995832 0.20 1.35
Dec 2025 1873.2342523003388 1.54 3.85
Jan 2026 1868.8385671474018 -0.23 2.73
Feb 2026 1893.1375 1.30 4.27