Zip Code: 90404 (Santa Monica, California) - 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 90404 Zip Code (Santa Monica, California) in February 2026 was $3,434.772. The month over month percentage change (MoM) was -0.59%, and the year over year percentage change (YoY) was 0.59%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 90404 zip code (Santa Monica, California). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 90404 zip code (Santa Monica, California).

You can see similar information for other California 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: 90404 (Santa Monica, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 90404 (Santa Monica, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 2584.9769524095746 Infinity Infinity
Jan 2017 2604.673492865883 0.76 Infinity
Feb 2017 2633.1756470497635 1.09 Infinity
Mar 2017 2648.8275927943782 0.59 Infinity
Apr 2017 2673.2886330889546 0.92 Infinity
May 2017 2695.0650508408476 0.82 Infinity
Jun 2017 2729.166654439019 1.26 Infinity
Jul 2017 2734.610277083214 0.20 Infinity
Aug 2017 2748.236698723381 0.50 Infinity
Sep 2017 2709.5504045908624 -1.41 Infinity
Oct 2017 2714.15869664865 0.17 Infinity
Nov 2017 2717.842023203264 0.14 Infinity
Dec 2017 2773.4711284781774 2.05 7.29
Jan 2018 2772.549515408329 -0.03 6.45
Feb 2018 2834.659642015215 2.24 7.65
Mar 2018 2843.5407966372263 0.31 7.35
Apr 2018 2859.8272605076595 0.57 6.98
May 2018 2829.436979835372 -1.06 4.99
Jun 2018 2841.325960064897 0.42 4.11
Jul 2018 2850.0474669162977 0.31 4.22
Aug 2018 2878.237720707206 0.99 4.73
Sep 2018 2896.287162914757 0.63 6.89
Oct 2018 2935.218133539297 1.34 8.15
Nov 2018 2958.590405845726 0.80 8.86
Dec 2018 2952.884387054411 -0.19 6.47
Jan 2019 2943.6889731787323 -0.31 6.17
Feb 2019 2927.51284114388 -0.55 3.28
Mar 2019 2932.8467542632015 0.18 3.14
Apr 2019 2923.666889045597 -0.31 2.23
May 2019 2954.7312122110893 1.06 4.43
Jun 2019 2949.146759343105 -0.19 3.80
Jul 2019 2958.3774680987544 0.31 3.80
Aug 2019 2959.2700659376037 0.03 2.82
Sep 2019 2988.1593100457753 0.98 3.17
Oct 2019 2986.7237581616628 -0.05 1.76
Nov 2019 2995.0014534185516 0.28 1.23
Dec 2019 3006.642481630707 0.39 1.82
Jan 2020 3037.0672974876056 1.01 3.17
Feb 2020 3040.1957424593566 0.10 3.85
Mar 2020 2974.9281894019978 -2.15 1.44
Apr 2020 2950.40471998237 -0.82 0.92
May 2020 2930.4889971274406 -0.67 -0.82
Jun 2020 2915.902766331871 -0.50 -1.13
Jul 2020 2899.416839411672 -0.56 -1.99
Aug 2020 2868.947518153425 -1.05 -3.05
Sep 2020 2833.0631360341304 -1.25 -5.19
Oct 2020 2806.4649046144395 -0.94 -6.03
Nov 2020 2803.9528857268842 -0.09 -6.38
Dec 2020 2829.616153185258 0.92 -5.89
Jan 2021 2848.599315618502 0.67 -6.21
Feb 2021 2856.627314592889 0.28 -6.04
Mar 2021 2845.3090727890676 -0.40 -4.36
Apr 2021 2836.8187065619754 -0.30 -3.85
May 2021 2845.5733846534386 0.31 -2.90
Jun 2021 2874.4015535846115 1.01 -1.42
Jul 2021 2903.546791142887 1.01 0.14
Aug 2021 2947.0570313854414 1.50 2.72
Sep 2021 2983.165348961587 1.23 5.30
Oct 2021 3031.5070481894495 1.62 8.02
Nov 2021 3061.6067050149563 0.99 9.19
Dec 2021 3042.971784185659 -0.61 7.54
Jan 2022 3059.2469483212676 0.54 7.40
Feb 2022 3084.7205905918613 0.83 7.99
Mar 2022 3152.394925734114 2.19 10.79
Apr 2022 3200.3151460787567 1.52 12.81
May 2022 3235.696132608029 1.11 13.71
Jun 2022 3267.035520428051 0.97 13.66
Jul 2022 3278.2687435701628 0.34 12.91
Aug 2022 3314.3302124791494 1.10 12.46
Sep 2022 3319.063497899747 0.14 11.26
Oct 2022 3334.748378535931 0.47 10.00
Nov 2022 3318.906291549266 -0.47 8.40
Dec 2022 3364.117375408223 1.36 10.55
Jan 2023 3348.0397201358815 -0.48 9.44
Feb 2023 3342.216995855874 -0.17 8.35
Mar 2023 3327.185281080354 -0.45 5.55
Apr 2023 3327.028611679897 0.00 3.96
May 2023 3346.972282159949 0.60 3.44
Jun 2023 3322.731433798842 -0.72 1.71
Jul 2023 3351.732720709429 0.87 2.24
Aug 2023 3339.3036800696586 -0.37 0.75
Sep 2023 3350.8068827992383 0.34 0.96
Oct 2023 3348.3075409935805 -0.07 0.41
Nov 2023 3359.5783215611114 0.34 1.23
Dec 2023 3360.8767196884883 0.04 -0.10
Jan 2024 3352.799661531888 -0.24 0.14
Feb 2024 3349.149939181138 -0.11 0.21
Mar 2024 3328.642673607271 -0.61 0.04
Apr 2024 3345.9469484468314 0.52 0.57
May 2024 3362.2650355010733 0.49 0.46
Jun 2024 3358.90862554518 -0.10 1.09
Jul 2024 3334.3641026721752 -0.73 -0.52
Aug 2024 3325.869602982101 -0.25 -0.40
Sep 2024 3332.519274176799 0.20 -0.55
Oct 2024 3333.4417287431156 0.03 -0.44
Nov 2024 3328.6583004544473 -0.14 -0.92
Dec 2024 3325.1939770181734 -0.10 -1.06
Jan 2025 3383.6188867846904 1.76 0.92
Feb 2025 3414.544002898221 0.91 1.95
Mar 2025 3442.988332985231 0.83 3.44
Apr 2025 3438.016924596225 -0.14 2.75
May 2025 3424.712378190587 -0.39 1.86
Jun 2025 3446.4684219387004 0.64 2.61
Jul 2025 3461.9316229842743 0.45 3.83
Aug 2025 3478.529779429873 0.48 4.59
Sep 2025 3476.865281752234 -0.05 4.33
Oct 2025 3482.5705251732293 0.16 4.47
Nov 2025 3491.0558732743707 0.24 4.88
Dec 2025 3490.771631698004 -0.01 4.98
Jan 2026 3455.0108772389085 -1.02 2.11
Feb 2026 3434.7716153127917 -0.59 0.59