Zip Code: 89521 (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 89521 Zip Code (Reno, Nevada) in February 2026 was $2,237.806. The month over month percentage change (MoM) was 0.32%, and the year over year percentage change (YoY) was 4.54%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 89521 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 89521 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: 89521 (Reno, Nevada) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 89521 (Reno, Nevada) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1253.0790947094267 NaN NaN
Feb 2015 1264.0030073677615 0.87 NaN
Mar 2015 1267.489311362592 0.28 NaN
Apr 2015 1261.9238228697777 -0.44 NaN
May 2015 1261.8489072146667 -0.01 NaN
Jun 2015 1268.9358383915203 0.56 NaN
Jul 2015 1269.4784400785118 0.04 NaN
Aug 2015 1291.8956409785026 1.77 NaN
Sep 2015 1306.675285095074 1.14 NaN
Oct 2015 1322.326213824276 1.20 NaN
Nov 2015 1322.4799065535678 0.01 NaN
Dec 2015 1322.7978904159104 0.02 NaN
Jan 2016 1328.1675433743562 0.41 5.99
Feb 2016 1334.26403653003 0.46 5.56
Mar 2016 1343.026309306205 0.66 5.96
Apr 2016 1356.2975790874746 0.99 7.48
May 2016 1356.736387484487 0.03 7.52
Jun 2016 1357.667014016754 0.07 6.99
Jul 2016 1359.183839603951 0.11 7.07
Aug 2016 1364.1875679143748 0.37 5.60
Sep 2016 1369.4421065108716 0.39 4.80
Oct 2016 1375.9211812659685 0.47 4.05
Nov 2016 1380.7060481592468 0.35 4.40
Dec 2016 1389.7739695964192 0.66 5.06
Jan 2017 1387.0439939591015 -0.20 4.43
Feb 2017 1393.1369219077433 0.44 4.41
Mar 2017 1409.0676531129684 1.14 4.92
Apr 2017 1422.5915720858693 0.96 4.89
May 2017 1446.9797535316668 1.71 6.65
Jun 2017 1444.72750683688 -0.16 6.41
Jul 2017 1452.1088955268178 0.51 6.84
Aug 2017 1455.7082650842808 0.25 6.71
Sep 2017 1471.7336045870609 1.10 7.47
Oct 2017 1479.7236896905854 0.54 7.54
Nov 2017 1487.1406463513829 0.50 7.71
Dec 2017 1499.3834935432387 0.82 7.89
Jan 2018 1510.3429636849598 0.73 8.89
Feb 2018 1514.0603922703945 0.25 8.68
Mar 2018 1524.0826445275015 0.66 8.16
Apr 2018 1534.7562637025428 0.70 7.89
May 2018 1547.2522407241038 0.81 6.93
Jun 2018 1562.2826292992245 0.97 8.14
Jul 2018 1596.6060312289117 2.20 9.95
Aug 2018 1608.8185730467917 0.77 10.52
Sep 2018 1598.3746681445912 -0.65 8.61
Oct 2018 1586.574647828524 -0.74 7.22
Nov 2018 1602.132279178854 0.98 7.73
Dec 2018 1612.9676609960345 0.68 7.58
Jan 2019 1624.1764738086135 0.70 7.54
Feb 2019 1635.4509808837263 0.69 8.02
Mar 2019 1634.7994213904096 -0.04 7.26
Apr 2019 1634.276159790102 -0.03 6.48
May 2019 1628.786788702989 -0.34 5.27
Jun 2019 1634.8535214926274 0.37 4.64
Jul 2019 1620.3309237194255 -0.89 1.49
Aug 2019 1623.3606147645357 0.19 0.90
Sep 2019 1636.5865227883062 0.82 2.39
Oct 2019 1654.118072900587 1.07 4.26
Nov 2019 1650.7292301747298 -0.20 3.03
Dec 2019 1646.6941115675247 -0.24 2.09
Jan 2020 1644.7921489001812 -0.12 1.27
Feb 2020 1643.7250134147241 -0.06 0.51
Mar 2020 1652.2409088194413 0.52 1.07
Apr 2020 1639.8494092647409 -0.75 0.34
May 2020 1631.2356434951234 -0.52 0.15
Jun 2020 1614.6970502194054 -1.01 -1.23
Jul 2020 1616.7784109414727 0.13 -0.22
Aug 2020 1648.4580710982043 1.96 1.55
Sep 2020 1703.7674162075498 3.36 4.11
Oct 2020 1760.062814659821 3.30 6.41
Nov 2020 1795.119684086146 1.99 8.75
Dec 2020 1827.1947439874573 1.79 10.96
Jan 2021 1831.372286673316 0.23 11.34
Feb 2021 1844.9358597269668 0.74 12.24
Mar 2021 1844.54789704513 -0.02 11.64
Apr 2021 1874.6504607965267 1.63 14.32
May 2021 1912.4652393357433 2.02 17.24
Jun 2021 1957.6059965851555 2.36 21.24
Jul 2021 2003.8390679139707 2.36 23.94
Aug 2021 2018.2788972415935 0.72 22.43
Sep 2021 2029.3959496447985 0.55 19.11
Oct 2021 2005.9871318550586 -1.15 13.97
Nov 2021 2005.5048020042714 -0.02 11.72
Dec 2021 1981.1550333556308 -1.21 8.43
Jan 2022 2000.421951969679 0.97 9.23
Feb 2022 2009.7954482238933 0.47 8.94
Mar 2022 2048.5432593327632 1.93 11.06
Apr 2022 2069.9759450841225 1.05 10.42
May 2022 2077.854016394971 0.38 8.65
Jun 2022 2061.429062478046 -0.79 5.30
Jul 2022 2040.1525181862623 -1.03 1.81
Aug 2022 2033.4707003823253 -0.33 0.75
Sep 2022 2035.2145878328474 0.09 0.29
Oct 2022 2050.6799330589943 0.76 2.23
Nov 2022 2046.9715956036575 -0.18 2.07
Dec 2022 2058.1510376137003 0.55 3.89
Jan 2023 2047.444300088845 -0.52 2.35
Feb 2023 2050.6016462738075 0.15 2.03
Mar 2023 2028.9029740827248 -1.06 -0.96
Apr 2023 2018.7100960704527 -0.50 -2.48
May 2023 2019.4546640651954 0.04 -2.81
Jun 2023 2029.4558733914537 0.50 -1.55
Jul 2023 2035.4961395227313 0.30 -0.23
Aug 2023 2028.4856156414126 -0.34 -0.24
Sep 2023 2000.0574394832186 -1.40 -1.73
Oct 2023 1982.61208945738 -0.87 -3.32
Nov 2023 1979.6596579906218 -0.15 -3.29
Dec 2023 1998.3786879025947 0.95 -2.90
Jan 2024 2022.8849248878657 1.23 -1.20
Feb 2024 2047.1134135922293 1.20 -0.17
Mar 2024 2066.097379307419 0.93 1.83
Apr 2024 2078.801922781073 0.62 2.98
May 2024 2088.0772968559813 0.45 3.40
Jun 2024 2101.5193780910104 0.64 3.55
Jul 2024 2128.8757300684524 1.30 4.59
Aug 2024 2137.9194969862433 0.43 5.40
Sep 2024 2156.888206970271 0.89 7.84
Oct 2024 2145.8134864861786 -0.51 8.23
Nov 2024 2143.735743665917 -0.10 8.29
Dec 2024 2132.4613747037265 -0.53 6.71
Jan 2025 2141.3736952384015 0.42 5.86
Feb 2025 2140.6985017588754 -0.03 4.57
Mar 2025 2138.9848932031637 -0.08 3.53
Apr 2025 2140.76674144708 0.08 2.98
May 2025 2143.5302944755604 0.13 2.66
Jun 2025 2143.8880346885094 0.02 2.02
Jul 2025 2137.409172686211 -0.30 0.40
Aug 2025 2149.906300659379 0.59 0.56
Sep 2025 2164.427367931692 0.68 0.35
Oct 2025 2194.884030885862 1.41 2.29
Nov 2025 2215.2723662872404 0.93 3.34
Dec 2025 2230.1192667151827 0.67 4.58
Jan 2026 2230.628637103574 0.02 4.17
Feb 2026 2237.8058585858585 0.32 4.54