Zip Code: 94609 (Oakland, 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 94609 Zip Code (Oakland, California) in February 2026 was $2,744.637. The month over month percentage change (MoM) was 1.87%, and the year over year percentage change (YoY) was 7.76%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 94609 zip code (Oakland, California). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 94609 zip code (Oakland, 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: 94609 (Oakland, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 94609 (Oakland, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 2646.4316969899014 Infinity Infinity
Feb 2019 2620.709885655431 -0.97 Infinity
Mar 2019 2638.4655640279743 0.68 Infinity
Apr 2019 2659.7708559084103 0.81 Infinity
May 2019 2669.638055452825 0.37 Infinity
Jun 2019 2680.741964634515 0.42 Infinity
Jul 2019 2662.422172574186 -0.68 Infinity
Aug 2019 2630.0075959859128 -1.22 Infinity
Sep 2019 2619.7518427696355 -0.39 Infinity
Oct 2019 2613.9816548048457 -0.22 Infinity
Nov 2019 2619.6177610802206 0.22 Infinity
Dec 2019 2607.7140102283824 -0.45 Infinity
Jan 2020 2562.062582792379 -1.75 -3.19
Feb 2020 2557.697649134497 -0.17 -2.40
Mar 2020 2627.0632116292163 2.71 -0.43
Apr 2020 2682.2629287628547 2.10 0.85
May 2020 2656.574960265639 -0.96 -0.49
Jun 2020 2612.189653994497 -1.67 -2.56
Jul 2020 2648.0950051402633 1.38 -0.54
Aug 2020 2664.168357641265 0.61 1.30
Sep 2020 2665.1548034161588 0.04 1.73
Oct 2020 2586.595940912786 -2.95 -1.05
Nov 2020 2535.9068984963737 -1.96 -3.20
Dec 2020 2487.848325341565 -1.89 -4.60
Jan 2021 2487.288985586794 -0.02 -2.92
Feb 2021 2477.327207893908 -0.40 -3.14
Mar 2021 2458.7069603170853 -0.75 -6.41
Apr 2021 2434.621556027056 -0.98 -9.23
May 2021 2445.916998171809 0.46 -7.93
Jun 2021 2488.260835211578 1.73 -4.74
Jul 2021 2504.208814161739 0.64 -5.43
Aug 2021 2540.922905583067 1.47 -4.63
Sep 2021 2561.9627546193674 0.83 -3.87
Oct 2021 2609.6717294322757 1.86 0.89
Nov 2021 2619.533196811759 0.38 3.30
Dec 2021 2661.9988478352934 1.62 7.00
Jan 2022 2682.7281214808313 0.78 7.86
Feb 2022 2681.458651113612 -0.05 8.24
Mar 2022 2654.1040334227655 -1.02 7.95
Apr 2022 2634.4126289933142 -0.74 8.21
May 2022 2658.3319774581937 0.91 8.68
Jun 2022 2656.9273276652734 -0.05 6.78
Jul 2022 2664.0901860936506 0.27 6.39
Aug 2022 2642.3518584536027 -0.82 3.99
Sep 2022 2647.111715980989 0.18 3.32
Oct 2022 2642.4649326799126 -0.18 1.26
Nov 2022 2658.4505608006575 0.61 1.49
Dec 2022 2647.616765533761 -0.41 -0.54
Jan 2023 2648.495453043685 0.03 -1.28
Feb 2023 2682.517060029448 1.29 0.04
Mar 2023 2722.2117894980934 1.48 2.57
Apr 2023 2747.048062345442 0.91 4.28
May 2023 2698.726050865147 -1.76 1.52
Jun 2023 2683.595074070509 -0.56 1.00
Jul 2023 2640.409056172592 -1.61 -0.89
Aug 2023 2635.9595906095265 -0.17 -0.24
Sep 2023 2576.8045295087086 -2.24 -2.66
Oct 2023 2578.227997167436 0.06 -2.43
Nov 2023 2564.708033978383 -0.52 -3.53
Dec 2023 2579.3601750511784 0.57 -2.58
Jan 2024 2567.287596516939 -0.47 -3.07
Feb 2024 2549.8923314505028 -0.68 -4.94
Mar 2024 2533.0915584197933 -0.66 -6.95
Apr 2024 2514.8369861606534 -0.72 -8.45
May 2024 2525.6885546673784 0.43 -6.41
Jun 2024 2531.1942048194237 0.22 -5.68
Jul 2024 2547.0350491364557 0.63 -3.54
Aug 2024 2531.1970886270296 -0.62 -3.97
Sep 2024 2548.6018808487065 0.69 -1.09
Oct 2024 2547.9819422202863 -0.02 -1.17
Nov 2024 2580.109762947452 1.26 0.60
Dec 2024 2557.600336724228 -0.87 -0.84
Jan 2025 2576.3364197420997 0.73 0.35
Feb 2025 2547.0645042865644 -1.14 -0.11
Mar 2025 2549.0165656652894 0.08 0.63
Apr 2025 2559.4568092865343 0.41 1.77
May 2025 2572.0963387271163 0.49 1.84
Jun 2025 2580.034979596493 0.31 1.93
Jul 2025 2593.7286576652 0.53 1.83
Aug 2025 2620.6504013231356 1.04 3.53
Sep 2025 2644.4979036006293 0.91 3.76
Oct 2025 2657.307404690322 0.48 4.29
Nov 2025 2651.392093136667 -0.22 2.76
Dec 2025 2681.428911330456 1.13 4.84
Jan 2026 2694.2082480745353 0.48 4.58
Feb 2026 2744.637164750958 1.87 7.76