Zip Code: 94116 (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 94116 Zip Code (San Francisco, California) in February 2026 was $3,363.694. The month over month percentage change (MoM) was -0.79%, and the year over year percentage change (YoY) was 3.66%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 94116 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 94116 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: 94116 (San Francisco, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 94116 (San Francisco, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 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 0 NaN NaN
Jan 2017 0 NaN NaN
Feb 2017 0 NaN NaN
Mar 2017 0 NaN NaN
Apr 2017 0 NaN NaN
May 2017 0 NaN NaN
Jun 2017 0 NaN NaN
Jul 2017 0 NaN NaN
Aug 2017 0 NaN NaN
Sep 2017 0 NaN NaN
Oct 2017 0 NaN NaN
Nov 2017 0 NaN NaN
Dec 2017 0 NaN NaN
Jan 2018 0 NaN NaN
Feb 2018 0 NaN NaN
Mar 2018 0 NaN NaN
Apr 2018 0 NaN NaN
May 2018 0 NaN NaN
Jun 2018 0 NaN NaN
Jul 2018 0 NaN NaN
Aug 2018 0 NaN NaN
Sep 2018 0 NaN NaN
Oct 2018 0 NaN NaN
Nov 2018 0 NaN NaN
Dec 2018 0 NaN NaN
Jan 2019 0 NaN NaN
Feb 2019 0 NaN NaN
Mar 2019 0 NaN NaN
Apr 2019 2813.323816611951 Infinity Infinity
May 2019 0 -100.00 NaN
Jun 2019 2799.4602482012806 Infinity Infinity
Jul 2019 2852.7682798946403 1.90 Infinity
Aug 2019 2910.6829643450023 2.03 Infinity
Sep 2019 2947.280033167191 1.26 Infinity
Oct 2019 2912.598247269698 -1.18 Infinity
Nov 2019 2897.630771707208 -0.51 Infinity
Dec 2019 2873.3275670491303 -0.84 Infinity
Jan 2020 2854.180631387041 -0.67 Infinity
Feb 2020 2853.0106994864173 -0.04 Infinity
Mar 2020 2780.2005407562237 -2.55 Infinity
Apr 2020 2773.8459494976755 -0.23 -1.40
May 2020 2779.6967927162905 0.21 Infinity
Jun 2020 2809.4875614297143 1.07 0.36
Jul 2020 2801.509000811295 -0.28 -1.80
Aug 2020 2797.043709776675 -0.16 -3.90
Sep 2020 2748.813540779855 -1.72 -6.73
Oct 2020 2721.224996407284 -1.00 -6.57
Nov 2020 2700.4713205909093 -0.76 -6.80
Dec 2020 2626.793200079897 -2.73 -8.58
Jan 2021 2630.553362999246 0.14 -7.83
Feb 2021 2641.3307003095074 0.41 -7.42
Mar 2021 2717.588401028848 2.89 -2.25
Apr 2021 2742.947805407278 0.93 -1.11
May 2021 2749.2144702330306 0.23 -1.10
Jun 2021 2737.4815042103514 -0.43 -2.56
Jul 2021 2785.137250430208 1.74 -0.58
Aug 2021 2786.7684363565695 0.06 -0.37
Sep 2021 2845.11225452839 2.09 3.50
Oct 2021 2833.939859444913 -0.39 4.14
Nov 2021 2831.0625446648096 -0.10 4.84
Dec 2021 2867.0186178903773 1.27 9.15
Jan 2022 2885.373316054267 0.64 9.69
Feb 2022 2910.749208740145 0.88 10.20
Mar 2022 2897.3818297283347 -0.46 6.62
Apr 2022 2929.297002761877 1.10 6.79
May 2022 2952.798821762107 0.80 7.41
Jun 2022 2977.854256481792 0.85 8.78
Jul 2022 2910.931051932529 -2.25 4.52
Aug 2022 2914.534056997519 0.12 4.59
Sep 2022 2917.1322098350615 0.09 2.53
Oct 2022 2987.8164195675336 2.42 5.43
Nov 2022 3000.972116826619 0.44 6.00
Dec 2022 3037.701310306929 1.22 5.95
Jan 2023 3025.226924242227 -0.41 4.85
Feb 2023 3071.275344942744 1.52 5.52
Mar 2023 3049.5971102256062 -0.71 5.25
Apr 2023 3010.370747783774 -1.29 2.77
May 2023 2991.651316703356 -0.62 1.32
Jun 2023 2983.6220897154867 -0.27 0.19
Jul 2023 3032.5260440840207 1.64 4.18
Aug 2023 3057.452194318438 0.82 4.90
Sep 2023 3054.7260908114677 -0.09 4.72
Oct 2023 3032.569643130358 -0.72 1.50
Nov 2023 3046.260044730402 0.45 1.51
Dec 2023 3062.3094904712098 0.53 0.81
Jan 2024 3095.030531502023 1.07 2.31
Feb 2024 3035.920212610417 -1.91 -1.15
Mar 2024 3022.688606015718 -0.44 -0.88
Apr 2024 3006.001244771374 -0.55 -0.14
May 2024 3062.541721380099 1.88 2.37
Jun 2024 3130.4903178695067 2.22 4.92
Jul 2024 3153.341091578778 0.73 3.98
Aug 2024 3122.5886586732922 -0.97 2.13
Sep 2024 3081.682659693454 -1.31 0.88
Oct 2024 3073.4953751528888 -0.27 1.35
Nov 2024 3084.212625645294 0.35 1.25
Dec 2024 3140.908316244379 1.84 2.57
Jan 2025 3170.4868034329993 0.94 2.44
Feb 2025 3244.8279696671652 2.35 6.88
Mar 2025 3302.144467140096 1.77 9.24
Apr 2025 3362.7006514269315 1.83 11.87
May 2025 3353.0718703887346 -0.29 9.49
Jun 2025 3327.890678806673 -0.75 6.31
Jul 2025 3326.3311902409437 -0.05 5.49
Aug 2025 3364.9872726817766 1.16 7.76
Sep 2025 3423.6949846548227 1.75 11.10
Oct 2025 3452.2351361182054 0.83 12.32
Nov 2025 3456.7069134368094 0.13 12.08
Dec 2025 3412.1246836654113 -1.29 8.64
Jan 2026 3390.4034552765756 -0.64 6.94
Feb 2026 3363.694444444445 -0.79 3.66