Zip Code: 94025 (Menlo Park, 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 94025 Zip Code (Menlo Park, California) in February 2026 was $3,883.219. The month over month percentage change (MoM) was 0.21%, and the year over year percentage change (YoY) was 4.28%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 94025 zip code (Menlo Park, California). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 94025 zip code (Menlo Park, 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: 94025 (Menlo Park, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 94025 (Menlo Park, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 3220.3328829964544 Infinity Infinity
Jun 2016 3157.27279354431 -1.96 Infinity
Jul 2016 3085.5215550142816 -2.27 Infinity
Aug 2016 3091.1308532094017 0.18 Infinity
Sep 2016 3080.648190895621 -0.34 Infinity
Oct 2016 3140.4693228116153 1.94 Infinity
Nov 2016 3141.23716207423 0.02 Infinity
Dec 2016 3163.7312536238405 0.72 Infinity
Jan 2017 3158.59697444174 -0.16 Infinity
Feb 2017 3167.4733893457974 0.28 Infinity
Mar 2017 3133.725137805582 -1.06 Infinity
Apr 2017 3101.1078816297486 -1.04 Infinity
May 2017 3082.193529730637 -0.61 -4.29
Jun 2017 3140.6032569966237 1.90 -0.53
Jul 2017 3145.945040433259 0.17 1.96
Aug 2017 3146.314815944271 0.01 1.79
Sep 2017 3134.7945423098686 -0.37 1.76
Oct 2017 3137.960500161571 0.10 -0.08
Nov 2017 3172.375312012937 1.10 0.99
Dec 2017 3197.488129609637 0.79 1.07
Jan 2018 3200.4006517823677 0.09 1.32
Feb 2018 3190.7879371553026 -0.30 0.74
Mar 2018 3181.3990356776353 -0.29 1.52
Apr 2018 3188.661717583051 0.23 2.82
May 2018 3207.9523309369742 0.61 4.08
Jun 2018 3223.5989518805545 0.49 2.64
Jul 2018 3260.708386912588 1.15 3.65
Aug 2018 3281.078951817343 0.63 4.28
Sep 2018 3293.4376472815457 0.38 5.06
Oct 2018 3305.9441866566312 0.38 5.35
Nov 2018 3286.713325174454 -0.58 3.60
Dec 2018 3328.183719927643 1.26 4.09
Jan 2019 3332.3920515980794 0.13 4.12
Feb 2019 3341.219390267208 0.27 4.72
Mar 2019 3367.801428630147 0.80 5.86
Apr 2019 3382.225156848988 0.43 6.07
May 2019 3399.0850610379543 0.50 5.96
Jun 2019 3388.4904334729963 -0.31 5.12
Jul 2019 3387.292752745127 -0.04 3.88
Aug 2019 3383.9242801518913 -0.10 3.13
Sep 2019 3396.498512221933 0.37 3.13
Oct 2019 3388.154250624642 -0.25 2.49
Nov 2019 3398.597878990445 0.31 3.40
Dec 2019 3359.8650577969665 -1.14 0.95
Jan 2020 3364.616110571824 0.14 0.97
Feb 2020 3366.2381326702634 0.05 0.75
Mar 2020 3414.218699671734 1.43 1.38
Apr 2020 3369.261566244074 -1.32 -0.38
May 2020 3327.216526751612 -1.25 -2.11
Jun 2020 3315.426746176643 -0.35 -2.16
Jul 2020 3310.914013839187 -0.14 -2.25
Aug 2020 3285.6310497953905 -0.76 -2.90
Sep 2020 3242.5337685198074 -1.31 -4.53
Oct 2020 3186.6255680240533 -1.72 -5.95
Nov 2020 3181.97760293407 -0.15 -6.37
Dec 2020 3161.6484474099534 -0.64 -5.90
Jan 2021 3141.7267569477517 -0.63 -6.62
Feb 2021 3116.5447657496566 -0.80 -7.42
Mar 2021 3109.2558935363827 -0.23 -8.93
Apr 2021 3138.068170570684 0.93 -6.86
May 2021 3153.1636983253534 0.48 -5.23
Jun 2021 3172.457571572421 0.61 -4.31
Jul 2021 3194.3042661058917 0.69 -3.52
Aug 2021 3223.189909434795 0.90 -1.90
Sep 2021 3240.4639254286835 0.54 -0.06
Oct 2021 3265.131463223524 0.76 2.46
Nov 2021 3271.7643998519607 0.20 2.82
Dec 2021 3304.8556563203806 1.01 4.53
Jan 2022 3332.9441054257645 0.85 6.09
Feb 2022 3352.6399483110404 0.59 7.58
Mar 2022 3404.4374387386542 1.55 9.49
Apr 2022 3426.591463686044 0.65 9.19
May 2022 3454.44704493184 0.81 9.56
Jun 2022 3434.5537053161897 -0.58 8.26
Jul 2022 3417.499073925845 -0.50 6.99
Aug 2022 3430.6364255146764 0.38 6.44
Sep 2022 3483.225889610482 1.53 7.49
Oct 2022 3505.1306699214256 0.63 7.35
Nov 2022 3500.705700511188 -0.13 7.00
Dec 2022 3445.9556353357248 -1.56 4.27
Jan 2023 3441.8391095162206 -0.12 3.27
Feb 2023 3436.213907552859 -0.16 2.49
Mar 2023 3406.5068208701164 -0.86 0.06
Apr 2023 3402.603916233807 -0.11 -0.70
May 2023 3421.5330778967295 0.56 -0.95
Jun 2023 3455.38495627751 0.99 0.61
Jul 2023 3475.5506173644885 0.58 1.70
Aug 2023 3466.4975636558497 -0.26 1.05
Sep 2023 3465.5148819992055 -0.03 -0.51
Oct 2023 3474.275537949236 0.25 -0.88
Nov 2023 3503.434061115205 0.84 0.08
Dec 2023 3556.9490217445564 1.53 3.22
Jan 2024 3579.1257631999038 0.62 3.99
Feb 2024 3615.593677451258 1.02 5.22
Mar 2024 3620.1662875105294 0.13 6.27
Apr 2024 3637.2481945435247 0.47 6.90
May 2024 3633.247641595174 -0.11 6.19
Jun 2024 3633.5512565211257 0.01 5.16
Jul 2024 3646.4943032216165 0.36 4.92
Aug 2024 3658.517559753905 0.33 5.54
Sep 2024 3671.9359492842004 0.37 5.96
Oct 2024 3663.6959220618887 -0.22 5.45
Nov 2024 3658.5787806635967 -0.14 4.43
Dec 2024 3677.150784530865 0.51 3.38
Jan 2025 3723.052660551553 1.25 4.02
Feb 2025 3723.757894444663 0.02 2.99
Mar 2025 3757.6754609158615 0.91 3.80
Apr 2025 3773.5763357494607 0.42 3.75
May 2025 3792.7496444297935 0.51 4.39
Jun 2025 3810.1774855917824 0.46 4.86
Jul 2025 3823.6724758541022 0.35 4.86
Aug 2025 3845.6816131861387 0.58 5.12
Sep 2025 3854.0357830361413 0.22 4.96
Oct 2025 3880.0118840933224 0.67 5.90
Nov 2025 3898.7616029674773 0.48 6.57
Dec 2025 3895.220530997848 -0.09 5.93
Jan 2026 3875.154959070331 -0.51 4.09
Feb 2026 3883.219298245614 0.21 4.28