Zip Code: 94115 (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 94115 Zip Code (San Francisco, California) in February 2026 was $3,643.791. The month over month percentage change (MoM) was 1.98%, and the year over year percentage change (YoY) was 19.53%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 94115 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 94115 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: 94115 (San Francisco, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 94115 (San Francisco, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 0 NaN NaN
Dec 2015 0 NaN NaN
Jan 2016 2897.9138313019475 Infinity Infinity
Feb 2016 0 -100.00 NaN
Mar 2016 2797.7080429301413 Infinity Infinity
Apr 2016 0 -100.00 NaN
May 2016 2829.1769059512544 Infinity Infinity
Jun 2016 2850.516958978784 0.75 Infinity
Jul 2016 2817.752831733089 -1.15 Infinity
Aug 2016 2807.1678780395114 -0.38 Infinity
Sep 2016 2768.26776178676 -1.39 Infinity
Oct 2016 2749.047383477302 -0.69 Infinity
Nov 2016 2753.6268307630385 0.17 Infinity
Dec 2016 2763.9246092869453 0.37 Infinity
Jan 2017 2764.377322348893 0.02 -4.61
Feb 2017 2798.2173996125684 1.22 Infinity
Mar 2017 2796.8042154450095 -0.05 -0.03
Apr 2017 2796.9419117279895 0.01 Infinity
May 2017 2787.5122527575695 -0.34 -1.47
Jun 2017 2792.242505609772 0.17 -2.04
Jul 2017 2813.420136622499 0.76 -0.15
Aug 2017 2815.601821353592 0.08 0.30
Sep 2017 2828.2680904094855 0.45 2.17
Oct 2017 2852.587814718622 0.86 3.77
Nov 2017 2854.2710868041527 0.06 3.66
Dec 2017 2867.8956026782776 0.48 3.76
Jan 2018 2864.9250091195286 -0.10 3.64
Feb 2018 2866.843017310067 0.07 2.45
Mar 2018 2885.0052088574516 0.63 3.15
Apr 2018 2875.860391445133 -0.32 2.82
May 2018 2904.4146416858716 0.99 4.19
Jun 2018 2918.093276955166 0.47 4.51
Jul 2018 2940.480749230066 0.77 4.52
Aug 2018 2966.107137557422 0.87 5.35
Sep 2018 2970.6751347877253 0.15 5.04
Oct 2018 2991.0929735484974 0.69 4.86
Nov 2018 2960.9973711148887 -1.01 3.74
Dec 2018 2963.6528275652195 0.09 3.34
Jan 2019 2941.66039369663 -0.74 2.68
Feb 2019 2982.528204415858 1.39 4.04
Mar 2019 2993.1533132373406 0.36 3.75
Apr 2019 3012.992042644651 0.66 4.77
May 2019 3009.567472962697 -0.11 3.62
Jun 2019 3006.0242762412654 -0.12 3.01
Jul 2019 2998.133138571331 -0.26 1.96
Aug 2019 2994.1687987460546 -0.13 0.95
Sep 2019 3008.595662973888 0.48 1.28
Oct 2019 3003.5782931042777 -0.17 0.42
Nov 2019 3039.821279066263 1.21 2.66
Dec 2019 3042.5401782038593 0.09 2.66
Jan 2020 3075.1388436959896 1.07 4.54
Feb 2020 3052.5005630988962 -0.74 2.35
Mar 2020 3019.7099521538257 -1.07 0.89
Apr 2020 2974.4652828819594 -1.50 -1.28
May 2020 2943.8946552407215 -1.03 -2.18
Jun 2020 2925.638777750008 -0.62 -2.67
Jul 2020 2875.8484542531255 -1.70 -4.08
Aug 2020 2786.1492611554077 -3.12 -6.95
Sep 2020 2666.235452312162 -4.30 -11.38
Oct 2020 2601.8172234120434 -2.42 -13.38
Nov 2020 2576.4394029267605 -0.97 -15.24
Dec 2020 2565.3478182254735 -0.43 -15.68
Jan 2021 2541.0046215529774 -0.95 -17.37
Feb 2021 2516.3762623236894 -0.97 -17.56
Mar 2021 2527.1936761777706 0.43 -16.31
Apr 2021 2563.4488055833003 1.44 -13.82
May 2021 2597.565445078403 1.33 -11.76
Jun 2021 2617.9465571806277 0.79 -10.52
Jul 2021 2637.104430013122 0.73 -8.30
Aug 2021 2695.0090088636102 2.20 -3.27
Sep 2021 2755.8864818709994 2.26 3.36
Oct 2021 2789.0325836813845 1.20 7.20
Nov 2021 2772.024142547039 -0.61 7.59
Dec 2021 2798.2351876885796 0.95 9.08
Jan 2022 2830.372197335127 1.15 11.39
Feb 2022 2906.9685699845622 2.71 15.52
Mar 2022 2896.4622412700974 -0.36 14.61
Apr 2022 2890.682512206989 -0.20 12.77
May 2022 2858.517729798435 -1.11 10.05
Jun 2022 2870.445076692986 0.42 9.65
Jul 2022 2890.218847221643 0.69 9.60
Aug 2022 2901.0350208073946 0.37 7.65
Sep 2022 2920.560600888713 0.67 5.98
Oct 2022 2940.8912846313433 0.70 5.45
Nov 2022 2960.532616568831 0.67 6.80
Dec 2022 2930.183004051256 -1.02 4.72
Jan 2023 2907.9217942238106 -0.76 2.74
Feb 2023 2865.3589087414775 -1.46 -1.43
Mar 2023 2891.565410010396 0.92 -0.17
Apr 2023 2876.0838334174987 -0.53 -0.50
May 2023 2905.9098976370315 1.04 1.66
Jun 2023 2899.989379469951 -0.20 1.03
Jul 2023 2906.073799325864 0.21 0.55
Aug 2023 2897.849700767546 -0.28 -0.11
Sep 2023 2884.3441366767747 -0.47 -1.24
Oct 2023 2889.6028350479864 0.18 -1.74
Nov 2023 2913.297376575211 0.82 -1.59
Dec 2023 2943.073854838373 1.02 0.44
Jan 2024 2969.189812528428 0.89 2.11
Feb 2024 2977.4330707119043 0.28 3.91
Mar 2024 2978.9433305447487 0.05 3.02
Apr 2024 2982.299903215722 0.11 3.69
May 2024 2975.5352872736694 -0.23 2.40
Jun 2024 2958.2970203417867 -0.58 2.01
Jul 2024 2932.9269127335415 -0.86 0.92
Aug 2024 2944.005006885749 0.38 1.59
Sep 2024 2963.3088116884937 0.66 2.74
Oct 2024 2988.046478470029 0.84 3.41
Nov 2024 3011.89711210381 0.80 3.38
Dec 2024 3019.614090252084 0.26 2.60
Jan 2025 3020.2526700255235 0.02 1.72
Feb 2025 3048.3395601017664 0.93 2.38
Mar 2025 3072.3269599614714 0.79 3.14
Apr 2025 3116.3256608998213 1.43 4.49
May 2025 3154.488967472089 1.23 6.01
Jun 2025 3214.139008630915 1.89 8.65
Jul 2025 3277.073404252292 1.96 11.73
Aug 2025 3322.794406227838 1.40 12.87
Sep 2025 3367.1957319509734 1.34 13.63
Oct 2025 3403.445454450944 1.08 13.90
Nov 2025 3437.9902752094977 1.01 14.15
Dec 2025 3498.9396870520563 1.77 15.87
Jan 2026 3573.0385882529226 2.12 18.30
Feb 2026 3643.790954659376 1.98 19.53