Zip Code: 94105 (San Francisco, 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 94105 Zip Code (San Francisco, California) in February 2026 was $4,693.54. The month over month percentage change (MoM) was 1.85%, and the year over year percentage change (YoY) was 17.02%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 94105 zip code (San Francisco, California). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 94105 zip code (San Francisco, 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: 94105 (San Francisco, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 94105 (San Francisco, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 3815.407098826357 Infinity NaN
Dec 2015 3887.9996456701215 1.90 NaN
Jan 2016 3847.2161506228563 -1.05 Infinity
Feb 2016 3807.5000084667668 -1.03 Infinity
Mar 2016 3711.176286992739 -2.53 Infinity
Apr 2016 3684.7792071058257 -0.71 Infinity
May 2016 3644.7351754300357 -1.09 Infinity
Jun 2016 3678.8871013507996 0.94 Infinity
Jul 2016 3691.46229961303 0.34 Infinity
Aug 2016 3789.6552087522764 2.66 Infinity
Sep 2016 3763.8437808786575 -0.68 Infinity
Oct 2016 3720.8195868494977 -1.14 Infinity
Nov 2016 3601.3011349472827 -3.21 -5.61
Dec 2016 3578.348153334606 -0.64 -7.96
Jan 2017 3578.028437364933 -0.01 -7.00
Feb 2017 3614.5346488719183 1.02 -5.07
Mar 2017 3648.5250994658977 0.94 -1.69
Apr 2017 3697.916233462176 1.35 0.36
May 2017 3735.531472401114 1.02 2.49
Jun 2017 3744.1807295589706 0.23 1.78
Jul 2017 3764.0138974359243 0.53 1.97
Aug 2017 3767.649757475029 0.10 -0.58
Sep 2017 3757.5796152997905 -0.27 -0.17
Oct 2017 3732.152392229825 -0.68 0.31
Nov 2017 3706.676559036586 -0.68 2.93
Dec 2017 3740.4473788647974 0.91 4.53
Jan 2018 3820.2172948251273 2.13 6.77
Feb 2018 3898.347554283525 2.05 7.85
Mar 2018 3918.501498386547 0.52 7.40
Apr 2018 3916.8990371211958 -0.04 5.92
May 2018 3938.2769946459202 0.55 5.43
Jun 2018 3922.8412226836986 -0.39 4.77
Jul 2018 3912.3289291940855 -0.27 3.94
Aug 2018 3896.1059270419346 -0.41 3.41
Sep 2018 3970.4670176363516 1.91 5.67
Oct 2018 4010.4139880221974 1.01 7.46
Nov 2018 4080.5423820388205 1.75 10.09
Dec 2018 4048.94868411289 -0.77 8.25
Jan 2019 4059.3869551874986 0.26 6.26
Feb 2019 4006.969589207474 -1.29 2.79
Mar 2019 4014.2258437648043 0.18 2.44
Apr 2019 4020.4668712933735 0.16 2.64
May 2019 4015.308173310446 -0.13 1.96
Jun 2019 4038.8368056245413 0.59 2.96
Jul 2019 4057.731491322088 0.47 3.72
Aug 2019 4071.672281209982 0.34 4.51
Sep 2019 4046.1305538123215 -0.63 1.91
Oct 2019 4055.9899911171137 0.24 1.14
Nov 2019 4057.3351206255234 0.03 -0.57
Dec 2019 4083.423422967974 0.64 0.85
Jan 2020 4053.482678783933 -0.73 -0.14
Feb 2020 4062.321123932119 0.22 1.38
Mar 2020 4083.4753882837053 0.52 1.73
Apr 2020 4040.205271979647 -1.06 0.49
May 2020 3932.348568124562 -2.67 -2.07
Jun 2020 3787.4819338269763 -3.68 -6.22
Jul 2020 3637.0765670462965 -3.97 -10.37
Aug 2020 3493.094673919586 -3.96 -14.21
Sep 2020 3375.3944935014833 -3.37 -16.58
Oct 2020 3251.6732012573616 -3.66 -19.83
Nov 2020 3176.8035030142387 -2.30 -21.70
Dec 2020 3132.575363195328 -1.39 -23.29
Jan 2021 3138.447956140619 0.19 -22.57
Feb 2021 3166.0888394671097 0.88 -22.06
Mar 2021 3205.0555560013786 1.23 -21.51
Apr 2021 3262.9968348247085 1.81 -19.24
May 2021 3339.085899524564 2.33 -15.09
Jun 2021 3441.3262510287213 3.06 -9.14
Jul 2021 3560.618965530387 3.47 -2.10
Aug 2021 3651.08175948007 2.54 4.52
Sep 2021 3713.2783997941083 1.70 10.01
Oct 2021 3738.022941742962 0.67 14.96
Nov 2021 3743.6808145737477 0.15 17.84
Dec 2021 3732.6038838531645 -0.30 19.15
Jan 2022 3733.666005896626 0.03 18.97
Feb 2022 3724.37724872618 -0.25 17.63
Mar 2022 3719.4204299317626 -0.13 16.05
Apr 2022 3713.822637910978 -0.15 13.82
May 2022 3751.3437835391437 1.01 12.35
Jun 2022 3770.6250443360564 0.51 9.57
Jul 2022 3785.0668220481 0.38 6.30
Aug 2022 3795.5873539436034 0.28 3.96
Sep 2022 3816.192352116273 0.54 2.77
Oct 2022 3840.231984491856 0.63 2.73
Nov 2022 3870.327186301322 0.78 3.38
Dec 2022 3907.1083165307878 0.95 4.68
Jan 2023 3891.901600538526 -0.39 4.24
Feb 2023 3857.8197729485896 -0.88 3.58
Mar 2023 3816.008599691072 -1.08 2.60
Apr 2023 3784.56270086417 -0.82 1.91
May 2023 3742.90552666996 -1.10 -0.22
Jun 2023 3711.2555484341424 -0.85 -1.57
Jul 2023 3697.096683585014 -0.38 -2.32
Aug 2023 3703.2721680909526 0.17 -2.43
Sep 2023 3720.3232907826255 0.46 -2.51
Oct 2023 3752.5256149517522 0.87 -2.28
Nov 2023 3766.712426083299 0.38 -2.68
Dec 2023 3741.1587421519507 -0.68 -4.25
Jan 2024 3747.938097444205 0.18 -3.70
Feb 2024 3775.007258092998 0.72 -2.15
Mar 2024 3826.06426581993 1.35 0.26
Apr 2024 3839.5534943858156 0.35 1.45
May 2024 3844.139753037281 0.12 2.71
Jun 2024 3854.8139372723167 0.28 3.87
Jul 2024 3863.29731378675 0.22 4.50
Aug 2024 3889.7466398284587 0.69 5.04
Sep 2024 3900.6248995075825 0.28 4.85
Oct 2024 3915.588765966839 0.38 4.35
Nov 2024 3934.1995342478062 0.48 4.45
Dec 2024 3972.774688300948 0.98 6.19
Jan 2025 3989.1694839761785 0.41 6.44
Feb 2025 4010.931422777672 0.55 6.25
Mar 2025 4035.921902931578 0.62 5.49
Apr 2025 4088.7055104109863 1.31 6.49
May 2025 4148.185819843967 1.46 7.91
Jun 2025 4205.388360609025 1.38 9.09
Jul 2025 4261.169886876149 1.33 10.30
Aug 2025 4298.827811575177 0.88 10.52
Sep 2025 4348.480081256098 1.16 11.48
Oct 2025 4393.220873451077 1.03 12.20
Nov 2025 4450.94868126362 1.31 13.14
Dec 2025 4519.715841784947 1.55 13.77
Jan 2026 4608.4198815508125 1.96 15.52
Feb 2026 4693.540368967452 1.85 17.02