Zip Code: 94117 (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 94117 Zip Code (San Francisco, California) in February 2026 was $3,900.697. The month over month percentage change (MoM) was 2.50%, and the year over year percentage change (YoY) was 16.78%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 94117 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 94117 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: 94117 (San Francisco, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 94117 (San Francisco, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 3068.4749395955023 Infinity Infinity
Jul 2016 3148.0227153604387 2.59 Infinity
Aug 2016 3075.4954724514673 -2.30 Infinity
Sep 2016 3096.6711511216185 0.69 Infinity
Oct 2016 3019.4460360453104 -2.49 Infinity
Nov 2016 3093.627310646362 2.46 Infinity
Dec 2016 3080.107132943982 -0.44 Infinity
Jan 2017 3068.701869071417 -0.37 Infinity
Feb 2017 3007.811684221201 -1.98 Infinity
Mar 2017 2975.1941012806133 -1.08 Infinity
Apr 2017 3010.4090078684585 1.18 Infinity
May 2017 3044.281190788041 1.13 Infinity
Jun 2017 3062.6566034684715 0.60 -0.19
Jul 2017 3054.5728056338726 -0.26 -2.97
Aug 2017 3051.8439895292913 -0.09 -0.77
Sep 2017 3090.757273469135 1.27 -0.19
Oct 2017 3123.4768389695314 1.06 3.45
Nov 2017 3122.065642115453 -0.04 0.92
Dec 2017 3182.260793773372 1.93 3.32
Jan 2018 3161.0870917474263 -0.66 3.01
Feb 2018 3171.5859787455047 0.33 5.45
Mar 2018 3136.7810260462743 -1.10 5.43
Apr 2018 3158.4968365009545 0.69 4.92
May 2018 3153.9926901149693 -0.14 3.60
Jun 2018 3159.60878146317 0.18 3.17
Jul 2018 3159.007828860447 -0.02 3.42
Aug 2018 3190.7251621030946 1.00 4.55
Sep 2018 3183.091255022992 -0.24 2.99
Oct 2018 3212.1786844564617 0.91 2.84
Nov 2018 3204.7140119774526 -0.23 2.65
Dec 2018 3207.392054058327 0.08 0.79
Jan 2019 3230.7089607051325 0.73 2.20
Feb 2019 3241.867347259672 0.35 2.22
Mar 2019 3269.149927068759 0.84 4.22
Apr 2019 3252.8840841951865 -0.50 2.99
May 2019 3256.6183478216185 0.12 3.25
Jun 2019 3265.5295304106603 0.27 3.35
Jul 2019 3269.838876121134 0.13 3.51
Aug 2019 3273.327542886977 0.11 2.59
Sep 2019 3268.154905196849 -0.16 2.67
Oct 2019 3256.8087467753267 -0.35 1.39
Nov 2019 3259.8494569986133 0.09 1.72
Dec 2019 3243.8463417632065 -0.49 1.14
Jan 2020 3246.1614944140556 0.07 0.48
Feb 2020 3251.251732067016 0.16 0.29
Mar 2020 3255.3615923069447 0.13 -0.42
Apr 2020 3242.638544873499 -0.39 -0.31
May 2020 3201.627436105623 -1.26 -1.69
Jun 2020 3174.446680931055 -0.85 -2.79
Jul 2020 3122.118842346975 -1.65 -4.52
Aug 2020 3046.1183630461574 -2.43 -6.94
Sep 2020 2983.847223822043 -2.04 -8.70
Oct 2020 2936.285201155242 -1.59 -9.84
Nov 2020 2914.244706443706 -0.75 -10.60
Dec 2020 2876.8189350758194 -1.28 -11.31
Jan 2021 2860.3559303701145 -0.57 -11.88
Feb 2021 2845.13863037701 -0.53 -12.49
Mar 2021 2838.434317181464 -0.24 -12.81
Apr 2021 2859.188102415477 0.73 -11.82
May 2021 2880.27462012426 0.74 -10.04
Jun 2021 2909.8801039954333 1.03 -8.33
Jul 2021 2931.450784659836 0.74 -6.11
Aug 2021 2952.7214825349392 0.73 -3.07
Sep 2021 2973.653028708085 0.71 -0.34
Oct 2021 3013.3608972854145 1.34 2.63
Nov 2021 3061.352771011941 1.59 5.05
Dec 2021 3109.0787502607777 1.56 8.07
Jan 2022 3143.695692103138 1.11 9.91
Feb 2022 3134.794446499716 -0.28 10.18
Mar 2022 3138.864750072284 0.13 10.58
Apr 2022 3108.2899780012617 -0.97 8.71
May 2022 3116.0712558411637 0.25 8.19
Jun 2022 3098.643249298207 -0.56 6.49
Jul 2022 3121.909832066593 0.75 6.50
Aug 2022 3154.303439635661 1.04 6.83
Sep 2022 3178.5839497875418 0.77 6.89
Oct 2022 3174.4378428793902 -0.13 5.35
Nov 2022 3140.9173688146425 -1.06 2.60
Dec 2022 3128.0769726741337 -0.41 0.61
Jan 2023 3121.7981526284375 -0.20 -0.70
Feb 2023 3151.515978455815 0.95 0.53
Mar 2023 3166.0213686144893 0.46 0.87
Apr 2023 3175.0262123065268 0.28 2.15
May 2023 3176.8581165828455 0.06 1.95
Jun 2023 3178.2335949315097 0.04 2.57
Jul 2023 3159.1364021252034 -0.60 1.19
Aug 2023 3144.1153980998433 -0.47 -0.32
Sep 2023 3153.3143050240396 0.29 -0.79
Oct 2023 3157.6090123145573 0.14 -0.53
Nov 2023 3163.53794588172 0.19 0.72
Dec 2023 3144.6037258479687 -0.60 0.53
Jan 2024 3144.6652038680454 0.00 0.73
Feb 2024 3151.3248281283186 0.21 -0.01
Mar 2024 3167.433061735767 0.51 0.05
Apr 2024 3210.5414651552906 1.36 1.12
May 2024 3212.7425244926812 0.07 1.13
Jun 2024 3230.122937131346 0.54 1.63
Jul 2024 3208.851993715155 -0.66 1.57
Aug 2024 3216.0052105876653 0.22 2.29
Sep 2024 3228.397511244346 0.39 2.38
Oct 2024 3248.770578987259 0.63 2.89
Nov 2024 3303.046056399196 1.67 4.41
Dec 2024 3337.5247118426896 1.04 6.14
Jan 2025 3352.563571279552 0.45 6.61
Feb 2025 3340.2923114740693 -0.37 6.00
Mar 2025 3353.866342422451 0.41 5.89
Apr 2025 3358.5709305080168 0.14 4.61
May 2025 3395.2839201500155 1.09 5.68
Jun 2025 3429.636619362902 1.01 6.18
Jul 2025 3501.280493172961 2.09 9.11
Aug 2025 3551.690603270305 1.44 10.44
Sep 2025 3592.257301794201 1.14 11.27
Oct 2025 3639.592610032281 1.32 12.03
Nov 2025 3669.5823628968856 0.82 11.10
Dec 2025 3731.374123421516 1.68 11.80
Jan 2026 3805.640345379493 1.99 13.51
Feb 2026 3900.6968810916183 2.50 16.78