Zip Code: 89523 (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 89523 Zip Code (Reno, Nevada) in February 2026 was $2,067.131. The month over month percentage change (MoM) was -0.19%, and the year over year percentage change (YoY) was 5.11%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 89523 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 89523 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: 89523 (Reno, Nevada) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 89523 (Reno, Nevada) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 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 1215.2820983572135 Infinity Infinity
Jun 2016 1231.4239834805926 1.33 Infinity
Jul 2016 1236.2470047705674 0.39 Infinity
Aug 2016 1241.0134614789145 0.39 Infinity
Sep 2016 1249.8420967352858 0.71 Infinity
Oct 2016 1249.573462737796 -0.02 Infinity
Nov 2016 1262.965035487426 1.07 Infinity
Dec 2016 1256.5150159984576 -0.51 Infinity
Jan 2017 1270.4041326264437 1.11 Infinity
Feb 2017 1261.7877277204354 -0.68 Infinity
Mar 2017 1275.091042406588 1.05 Infinity
Apr 2017 1290.2370471714453 1.19 Infinity
May 2017 1317.557082303231 2.12 8.42
Jun 2017 1328.9411566723443 0.86 7.92
Jul 2017 1332.9918521435068 0.31 7.83
Aug 2017 1340.4406834705967 0.56 8.01
Sep 2017 1351.5546049241616 0.83 8.14
Oct 2017 1352.5806034836555 0.08 8.24
Nov 2017 1352.7121754646614 0.01 7.11
Dec 2017 1373.9408640684467 1.57 9.35
Jan 2018 1389.3608730293436 1.12 9.36
Feb 2018 1410.7955277545184 1.54 11.81
Mar 2018 1408.0915307987375 -0.19 10.43
Apr 2018 1415.5353435296222 0.53 9.71
May 2018 1423.6351017361592 0.57 8.05
Jun 2018 1428.623233606218 0.35 7.50
Jul 2018 1443.622179415455 1.05 8.30
Aug 2018 1456.171041598644 0.87 8.63
Sep 2018 1461.3356649580433 0.36 8.12
Oct 2018 1475.510011609475 0.97 9.09
Nov 2018 1473.4281243050013 -0.14 8.92
Dec 2018 1474.1112128431023 0.05 7.29
Jan 2019 1478.5620453052807 0.30 6.42
Feb 2019 1490.7896145001894 0.83 5.67
Mar 2019 1504.0216348231352 0.89 6.81
Apr 2019 1504.6896818473076 0.04 6.30
May 2019 1501.6088610924735 -0.20 5.48
Jun 2019 1505.3380873721067 0.25 5.37
Jul 2019 1506.6315650186693 0.09 4.37
Aug 2019 1507.1006919164608 0.03 3.50
Sep 2019 1509.3692638221726 0.15 3.29
Oct 2019 1510.9870219831244 0.11 2.40
Nov 2019 1521.4248295371165 0.69 3.26
Dec 2019 1522.2417108876616 0.05 3.27
Jan 2020 1517.9587656290003 -0.28 2.67
Feb 2020 1508.6195081678243 -0.61 1.20
Mar 2020 1526.003447773295 1.15 1.46
Apr 2020 1527.8071229700229 0.12 1.54
May 2020 1527.4573446063582 -0.02 1.72
Jun 2020 1522.8236830051878 -0.30 1.16
Jul 2020 1524.1182071602693 0.09 1.16
Aug 2020 1563.032185914716 2.55 3.71
Sep 2020 1582.46544645832 1.24 4.84
Oct 2020 1594.6001978150261 0.77 5.53
Nov 2020 1589.2389618770642 -0.34 4.46
Dec 2020 1610.6773555802874 1.35 5.81
Jan 2021 1636.1636900794445 1.58 7.79
Feb 2021 1667.3423641038203 1.91 10.52
Mar 2021 1689.0967427097578 1.31 10.69
Apr 2021 1733.687436644504 2.64 13.48
May 2021 1759.0510079276964 1.46 15.16
Jun 2021 1773.7955176927767 0.84 16.48
Jul 2021 1792.5095225559014 1.06 17.61
Aug 2021 1797.8742677047137 0.30 15.03
Sep 2021 1816.8155192397644 1.05 14.81
Oct 2021 1818.3625593749016 0.09 14.03
Nov 2021 1835.1244013430544 0.92 15.47
Dec 2021 1840.6812225604142 0.30 14.28
Jan 2022 1852.9348649040144 0.67 13.25
Feb 2022 1849.8851878643554 -0.16 10.95
Mar 2022 1842.3335811647428 -0.41 9.07
Apr 2022 1840.3833264620862 -0.11 6.15
May 2022 1848.2006590503413 0.43 5.07
Jun 2022 1872.0946545110912 1.29 5.54
Jul 2022 1868.3181536013292 -0.20 4.23
Aug 2022 1869.0163835593319 0.04 3.96
Sep 2022 1857.6169452091028 -0.61 2.25
Oct 2022 1869.9067107131307 0.66 2.84
Nov 2022 1870.448382621871 0.03 1.93
Dec 2022 1877.8395520491642 0.40 2.02
Jan 2023 1862.1293436614546 -0.84 0.50
Feb 2023 1858.59881319129 -0.19 0.47
Mar 2023 1856.0424280190898 -0.14 0.74
Apr 2023 1849.5988564980476 -0.35 0.50
May 2023 1851.060921481587 0.08 0.16
Jun 2023 1846.2211054845998 -0.26 -1.38
Jul 2023 1848.563268213454 0.13 -1.06
Aug 2023 1851.3934276455866 0.15 -0.94
Sep 2023 1860.4660987042005 0.49 0.15
Oct 2023 1865.7703049821205 0.28 -0.22
Nov 2023 1873.9410214971635 0.44 0.19
Dec 2023 1858.172173340717 -0.84 -1.05
Jan 2024 1879.1916101412537 1.13 0.92
Feb 2024 1886.613744591594 0.40 1.51
Mar 2024 1913.0480373488742 1.40 3.07
Apr 2024 1922.6356176170407 0.50 3.95
May 2024 1938.096952337751 0.80 4.70
Jun 2024 1940.4780419286333 0.12 5.11
Jul 2024 1932.3251781461374 -0.42 4.53
Aug 2024 1923.9577891903573 -0.43 3.92
Sep 2024 1919.1655595348248 -0.25 3.16
Oct 2024 1924.5739745933663 0.28 3.15
Nov 2024 1917.494083831755 -0.37 2.32
Dec 2024 1933.0825374275116 0.81 4.03
Jan 2025 1943.266894920627 0.53 3.41
Feb 2025 1966.58927226618 1.20 4.24
Mar 2025 1961.6113816182128 -0.25 2.54
Apr 2025 1970.423494820415 0.45 2.49
May 2025 1969.6514022363447 -0.04 1.63
Jun 2025 1979.2986604183561 0.49 2.00
Jul 2025 1999.2270638982816 1.01 3.46
Aug 2025 2019.3720827178677 1.01 4.96
Sep 2025 2036.009751580802 0.82 6.09
Oct 2025 2042.4382024370548 0.32 6.12
Nov 2025 2059.4288002907947 0.83 7.40
Dec 2025 2069.9115347735137 0.51 7.08
Jan 2026 2070.986636215495 0.05 6.57
Feb 2026 2067.130604288499 -0.19 5.11