Zip Code: 94122 (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 94122 Zip Code (San Francisco, California) in February 2026 was $3,340.554. The month over month percentage change (MoM) was 0.21%, and the year over year percentage change (YoY) was 8.99%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 94122 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 94122 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: 94122 (San Francisco, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 94122 (San Francisco, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 2712.268884331847 Infinity Infinity
Jan 2018 2678.282137077597 -1.25 Infinity
Feb 2018 2641.311240553998 -1.38 Infinity
Mar 2018 2618.68476596534 -0.86 Infinity
Apr 2018 2625.777615764436 0.27 Infinity
May 2018 2663.280818643861 1.43 Infinity
Jun 2018 2687.839136052869 0.92 Infinity
Jul 2018 2705.482168883642 0.66 Infinity
Aug 2018 2712.7375474722235 0.27 Infinity
Sep 2018 2704.990086893118 -0.29 Infinity
Oct 2018 2750.566898191436 1.69 Infinity
Nov 2018 2697.827912052269 -1.92 Infinity
Dec 2018 2679.0779519753937 -0.69 -1.22
Jan 2019 2650.3851841380597 -1.07 -1.04
Feb 2019 2700.75749385766 1.90 2.25
Mar 2019 2772.9083388951785 2.67 5.89
Apr 2019 2817.3050428642605 1.60 7.29
May 2019 2809.7148569873266 -0.27 5.50
Jun 2019 2786.4817936066006 -0.83 3.67
Jul 2019 2786.6781087449435 0.01 3.00
Aug 2019 2806.3960483390524 0.71 3.45
Sep 2019 2837.2869167071335 1.10 4.89
Oct 2019 2797.9263037101928 -1.39 1.72
Nov 2019 2831.863877310308 1.21 4.97
Dec 2019 2836.791260393797 0.17 5.89
Jan 2020 2873.613442712871 1.30 8.42
Feb 2020 2858.3812780275084 -0.53 5.84
Mar 2020 2838.7010844600463 -0.69 2.37
Apr 2020 2873.6712928746124 1.23 2.00
May 2020 2855.789226924212 -0.62 1.64
Jun 2020 2844.836700473029 -0.38 2.09
Jul 2020 2761.420149065406 -2.93 -0.91
Aug 2020 2717.079492006602 -1.61 -3.18
Sep 2020 2683.8715300994563 -1.22 -5.41
Oct 2020 2652.560205356549 -1.17 -5.19
Nov 2020 2623.6096155088153 -1.09 -7.35
Dec 2020 2606.4050755732833 -0.66 -8.12
Jan 2021 2612.6419111820014 0.24 -9.08
Feb 2021 2615.3733380839467 0.11 -8.50
Mar 2021 2623.3354939396004 0.30 -7.59
Apr 2021 2616.185327579051 -0.27 -8.96
May 2021 2648.7642669799097 1.25 -7.25
Jun 2021 2654.2562338110674 0.21 -6.70
Jul 2021 2690.2012698257918 1.35 -2.58
Aug 2021 2703.912669296527 0.51 -0.48
Sep 2021 2736.2928032957375 1.20 1.95
Oct 2021 2756.8643977644083 0.75 3.93
Nov 2021 2760.758170054723 0.14 5.23
Dec 2021 2764.4119272935814 0.13 6.06
Jan 2022 2781.039707804419 0.60 6.45
Feb 2022 2806.4163476991293 0.91 7.31
Mar 2022 2830.315994821385 0.85 7.89
Apr 2022 2836.522467066213 0.22 8.42
May 2022 2814.4116727770734 -0.78 6.25
Jun 2022 2828.5571931003046 0.50 6.57
Jul 2022 2834.5217522010225 0.21 5.37
Aug 2022 2859.9447720384146 0.90 5.77
Sep 2022 2871.1222271479246 0.39 4.93
Oct 2022 2892.993609451068 0.76 4.94
Nov 2022 2928.84578297632 1.24 6.09
Dec 2022 2918.156689667177 -0.36 5.56
Jan 2023 2916.7744227158073 -0.05 4.88
Feb 2023 2914.0939524846654 -0.09 3.84
Mar 2023 2921.0722639420032 0.24 3.21
Apr 2023 2915.4878766519023 -0.19 2.78
May 2023 2915.10695830254 -0.01 3.58
Jun 2023 2916.8865458972246 0.06 3.12
Jul 2023 2926.1303336551136 0.32 3.23
Aug 2023 2928.580109986688 0.08 2.40
Sep 2023 2941.775221003565 0.45 2.46
Oct 2023 2915.716025616493 -0.89 0.79
Nov 2023 2905.0300126937823 -0.37 -0.81
Dec 2023 2942.897596540593 1.30 0.85
Jan 2024 2970.425446895235 0.94 1.84
Feb 2024 2967.157259651044 -0.11 1.82
Mar 2024 2944.4481963137046 -0.76 0.80
Apr 2024 2940.452173315499 -0.14 0.86
May 2024 2961.971512325262 0.73 1.61
Jun 2024 2964.676216345811 0.09 1.64
Jul 2024 2985.7200749485846 0.71 2.04
Aug 2024 2987.7161055391566 0.07 2.02
Sep 2024 2968.512659255768 -0.64 0.91
Oct 2024 2988.843090810908 0.69 2.51
Nov 2024 2993.986250440712 0.17 3.06
Dec 2024 3023.3303999769023 0.98 2.73
Jan 2025 3023.564665871791 0.01 1.79
Feb 2025 3064.9475186624727 1.37 3.30
Mar 2025 3103.59601476297 1.26 5.41
Apr 2025 3139.1956174785228 1.15 6.76
May 2025 3156.8685916157137 0.56 6.58
Jun 2025 3182.371591722122 0.81 7.34
Jul 2025 3190.641440346346 0.26 6.86
Aug 2025 3215.2712700474863 0.77 7.62
Sep 2025 3255.175613166707 1.24 9.66
Oct 2025 3282.4696871183455 0.84 9.82
Nov 2025 3313.0811549117234 0.93 10.66
Dec 2025 3309.193464087647 -0.12 9.46
Jan 2026 3333.4461058821666 0.73 10.25
Feb 2026 3340.5540015540014 0.21 8.99