Zip Code: 94114 (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 94114 Zip Code (San Francisco, California) in February 2026 was $4,142.648. The month over month percentage change (MoM) was 1.48%, and the year over year percentage change (YoY) was 11.14%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 94114 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 94114 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: 94114 (San Francisco, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 94114 (San Francisco, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 3199.870991940366 Infinity Infinity
Jan 2017 3224.998534180042 0.79 Infinity
Feb 2017 3242.858148898639 0.55 Infinity
Mar 2017 3273.6197716065376 0.95 Infinity
Apr 2017 3236.597534530667 -1.13 Infinity
May 2017 3221.2329130082308 -0.47 Infinity
Jun 2017 3191.3764600401933 -0.93 Infinity
Jul 2017 3221.5538581929395 0.95 Infinity
Aug 2017 3276.4288278235776 1.70 Infinity
Sep 2017 3333.930516835749 1.76 Infinity
Oct 2017 3347.386887599412 0.40 Infinity
Nov 2017 3334.1605201159236 -0.39 Infinity
Dec 2017 3306.6111736533408 -0.83 3.34
Jan 2018 3332.6147528544116 0.79 3.34
Feb 2018 3334.79581257173 0.07 2.84
Mar 2018 3324.931288768358 -0.30 1.57
Apr 2018 3319.333260220961 -0.17 2.56
May 2018 3353.275612483517 1.02 4.10
Jun 2018 3392.544628638275 1.17 6.30
Jul 2018 3384.769801847792 -0.23 5.07
Aug 2018 3396.7947897402614 0.36 3.67
Sep 2018 3381.909986483742 -0.44 1.44
Oct 2018 0 -100.00 -100.00
Nov 2018 3379.661872914844 Infinity 1.37
Dec 2018 3448.1961901552963 2.03 4.28
Jan 2019 3462.711435577036 0.42 3.90
Feb 2019 3483.3912572470363 0.60 4.46
Mar 2019 3499.4793886127554 0.46 5.25
Apr 2019 3535.069451359843 1.02 6.50
May 2019 3536.51279128834 0.04 5.46
Jun 2019 3527.32834740747 -0.26 3.97
Jul 2019 3537.0904503586885 0.28 4.50
Aug 2019 3516.334530256222 -0.59 3.52
Sep 2019 3518.9145815631528 0.07 4.05
Oct 2019 3513.383641416956 -0.16 Infinity
Nov 2019 3538.8207392140894 0.72 4.71
Dec 2019 3499.911297595178 -1.10 1.50
Jan 2020 3467.586193405808 -0.92 0.14
Feb 2020 3440.8569603270894 -0.77 -1.22
Mar 2020 3504.9808961079916 1.86 0.16
Apr 2020 3448.4162007206573 -1.61 -2.45
May 2020 3417.150647869682 -0.91 -3.37
Jun 2020 3372.968397796894 -1.29 -4.38
Jul 2020 3345.0927621593646 -0.83 -5.43
Aug 2020 3260.269423846697 -2.54 -7.28
Sep 2020 3237.8780721252474 -0.69 -7.99
Oct 2020 3217.9678004097923 -0.61 -8.41
Nov 2020 3160.085404967279 -1.80 -10.70
Dec 2020 3103.6781264059045 -1.78 -11.32
Jan 2021 3099.1500372700166 -0.15 -10.62
Feb 2021 3112.197074819773 0.42 -9.55
Mar 2021 3136.8394519467774 0.79 -10.50
Apr 2021 3151.2563502248177 0.46 -8.62
May 2021 3176.1103273551385 0.79 -7.05
Jun 2021 3207.8040056486343 1.00 -4.90
Jul 2021 3244.017671508206 1.13 -3.02
Aug 2021 3293.620706322962 1.53 1.02
Sep 2021 3312.6703376121313 0.58 2.31
Oct 2021 3326.3473415289745 0.41 3.37
Nov 2021 3359.6329889859335 1.00 6.32
Dec 2021 3377.891358948492 0.54 8.84
Jan 2022 3399.3576153827166 0.64 9.69
Feb 2022 3409.2340029552565 0.29 9.54
Mar 2022 3415.3809899517514 0.18 8.88
Apr 2022 3426.1634147303193 0.32 8.72
May 2022 3439.4357724713273 0.39 8.29
Jun 2022 3445.4432784768824 0.18 7.41
Jul 2022 3445.704912751412 0.01 6.22
Aug 2022 3471.7187565058775 0.76 5.41
Sep 2022 3483.7770142870913 0.35 5.17
Oct 2022 3489.2066279589653 0.16 4.90
Nov 2022 3489.236160113834 0.00 3.86
Dec 2022 3513.822511054081 0.71 4.02
Jan 2023 3515.7945994365687 0.06 3.43
Feb 2023 3506.904743187636 -0.25 2.87
Mar 2023 3491.5499782120237 -0.44 2.23
Apr 2023 3521.433282120814 0.86 2.78
May 2023 3547.9097033025696 0.75 3.15
Jun 2023 3546.3185887453237 -0.04 2.93
Jul 2023 3518.1895865200872 -0.79 2.10
Aug 2023 3468.679312504578 -1.41 -0.09
Sep 2023 3473.127732557574 0.13 -0.31
Oct 2023 3485.1656283352895 0.35 -0.12
Nov 2023 3496.786159730312 0.33 0.22
Dec 2023 3501.2368607080475 0.13 -0.36
Jan 2024 3513.251560199589 0.34 -0.07
Feb 2024 3540.936723356031 0.79 0.97
Mar 2024 3593.1486690310885 1.48 2.91
Apr 2024 3578.2584003260154 -0.41 1.61
May 2024 3557.502124120158 -0.58 0.27
Jun 2024 3532.7852560117626 -0.69 -0.38
Jul 2024 3585.6940195734005 1.50 1.92
Aug 2024 3596.721324022119 0.31 3.69
Sep 2024 3626.943941730286 0.84 4.43
Oct 2024 3613.548612763822 -0.37 3.68
Nov 2024 3670.011602143945 1.56 4.95
Dec 2024 3722.697914008773 1.44 6.33
Jan 2025 3736.6019906259908 0.37 6.36
Feb 2025 3727.522857345006 -0.24 5.27
Mar 2025 3731.7997776042366 0.12 3.86
Apr 2025 3767.048226879575 0.95 5.28
May 2025 3810.177982478381 1.15 7.10
Jun 2025 3873.9297946103466 1.67 9.66
Jul 2025 3891.185727979198 0.45 8.52
Aug 2025 3949.634170829617 1.50 9.81
Sep 2025 3971.0453053013284 0.54 9.49
Oct 2025 4028.0092014236448 1.43 11.47
Nov 2025 4030.3390159346222 0.06 9.82
Dec 2025 4038.18482731718 0.20 8.48
Jan 2026 4082.103403122681 1.09 9.25
Feb 2026 4142.648268398269 1.48 11.14