Zip Code: 94401 (San Mateo, 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 94401 Zip Code (San Mateo, California) in February 2026 was $3,017.442. The month over month percentage change (MoM) was -0.62%, and the year over year percentage change (YoY) was 4.50%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 94401 zip code (San Mateo, California). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 94401 zip code (San Mateo, 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: 94401 (San Mateo, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 94401 (San Mateo, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 2423.401838985625 Infinity Infinity
Aug 2017 2457.455562627749 1.41 Infinity
Sep 2017 2506.6863604854098 2.00 Infinity
Oct 2017 2538.946402450094 1.29 Infinity
Nov 2017 2551.3236257250155 0.49 Infinity
Dec 2017 2589.7163167705557 1.51 Infinity
Jan 2018 2574.558251075576 -0.58 Infinity
Feb 2018 2542.3301134836242 -1.25 Infinity
Mar 2018 2505.8642011517363 -1.43 Infinity
Apr 2018 2479.648034159873 -1.05 Infinity
May 2018 2505.7631494297634 1.05 Infinity
Jun 2018 2508.7828112947104 0.12 Infinity
Jul 2018 2539.87145937755 1.24 4.81
Aug 2018 2516.5387628993885 -0.92 2.40
Sep 2018 2539.9896562579297 0.93 1.33
Oct 2018 2558.604904947233 0.73 0.77
Nov 2018 2569.3805846174337 0.42 0.71
Dec 2018 2547.4961821766083 -0.85 -1.63
Jan 2019 2531.884029215173 -0.61 -1.66
Feb 2019 2567.1096176758174 1.39 0.98
Mar 2019 2770.2500354877516 7.91 10.55
Apr 2019 2758.8346453566714 -0.41 11.26
May 2019 2682.3308779613094 -2.77 7.05
Jun 2019 2651.822534952347 -1.14 5.70
Jul 2019 2607.315577348987 -1.68 2.66
Aug 2019 2604.574022725144 -0.10 3.50
Sep 2019 2564.897511360925 -1.52 0.98
Oct 2019 2542.294385064095 -0.88 -0.64
Nov 2019 2535.5051205264976 -0.27 -1.32
Dec 2019 2523.637350206039 -0.47 -0.94
Jan 2020 2599.0091557318874 2.99 2.65
Feb 2020 2654.428358262757 2.13 3.40
Mar 2020 2639.0001262349797 -0.58 -4.74
Apr 2020 2631.9283827660233 -0.27 -4.60
May 2020 2630.839355430787 -0.04 -1.92
Jun 2020 2622.4398146444228 -0.32 -1.11
Jul 2020 2593.4840876690046 -1.10 -0.53
Aug 2020 2554.8645970372895 -1.49 -1.91
Sep 2020 2529.873479089926 -0.98 -1.37
Oct 2020 2503.256542925543 -1.05 -1.54
Nov 2020 2465.2422087539207 -1.52 -2.77
Dec 2020 2451.50714983705 -0.56 -2.86
Jan 2021 2451.4577608671134 0.00 -5.68
Feb 2021 2463.812352749154 0.50 -7.18
Mar 2021 2452.7260007504815 -0.45 -7.06
Apr 2021 2434.6867015359635 -0.73 -7.49
May 2021 2419.608004545366 -0.62 -8.03
Jun 2021 2431.533546059278 0.49 -7.28
Jul 2021 2462.615962261231 1.28 -5.05
Aug 2021 2515.8064318068605 2.16 -1.53
Sep 2021 2539.0456639640724 0.92 0.36
Oct 2021 2546.491841253461 0.29 1.73
Nov 2021 2573.462420177641 1.06 4.39
Dec 2021 2584.7798642807356 0.44 5.44
Jan 2022 2625.2585642021886 1.57 7.09
Feb 2022 2624.9140005178224 -0.01 6.54
Mar 2022 2670.6310682827784 1.74 8.88
Apr 2022 2694.936570328893 0.91 10.69
May 2022 2722.9862308794854 1.04 12.54
Jun 2022 2711.4627443610757 -0.42 11.51
Jul 2022 2702.691209859317 -0.32 9.75
Aug 2022 2683.317527380501 -0.72 6.66
Sep 2022 2707.681231440872 0.91 6.64
Oct 2022 2740.8272644865724 1.22 7.63
Nov 2022 2773.4171549065577 1.19 7.77
Dec 2022 2778.6382599707463 0.19 7.50
Jan 2023 2750.024798856452 -1.03 4.75
Feb 2023 2741.151464778779 -0.32 4.43
Mar 2023 2735.706320908265 -0.20 2.44
Apr 2023 2746.7015108860805 0.40 1.92
May 2023 2754.7566737771476 0.29 1.17
Jun 2023 2764.0807244704874 0.34 1.94
Jul 2023 2769.1781528885945 0.18 2.46
Aug 2023 2768.62125434906 -0.02 3.18
Sep 2023 2773.146506455056 0.16 2.42
Oct 2023 2769.3928810612438 -0.13 1.04
Nov 2023 2766.544951143851 -0.10 -0.25
Dec 2023 2784.284777932995 0.64 0.20
Jan 2024 2822.311673780674 1.37 2.63
Feb 2024 2844.113023199948 0.77 3.76
Mar 2024 2814.7695526413763 -1.03 2.89
Apr 2024 2792.247827345771 -0.80 1.66
May 2024 2812.3616721532794 0.72 2.09
Jun 2024 2842.054612414357 1.06 2.82
Jul 2024 2849.9178056282403 0.28 2.92
Aug 2024 2833.2746154325578 -0.58 2.34
Sep 2024 2845.7001978208577 0.44 2.62
Oct 2024 2860.3761347531977 0.52 3.29
Nov 2024 2857.4704446515384 -0.10 3.29
Dec 2024 2844.8150980243395 -0.44 2.17
Jan 2025 2852.866345053906 0.28 1.08
Feb 2025 2887.4859604252647 1.21 1.53
Mar 2025 2926.09519693233 1.34 3.96
Apr 2025 2956.4890809819244 1.04 5.88
May 2025 2953.6202115438496 -0.10 5.02
Jun 2025 2949.1841166583527 -0.15 3.77
Jul 2025 2962.2235017032544 0.44 3.94
Aug 2025 2998.163813082253 1.21 5.82
Sep 2025 3000.5806125922622 0.08 5.44
Oct 2025 3003.704738915769 0.10 5.01
Nov 2025 3019.524607846352 0.53 5.67
Dec 2025 3038.4287446655803 0.63 6.81
Jan 2026 3036.243538178811 -0.07 6.43
Feb 2026 3017.442307692307 -0.62 4.50