Zip Code: 94903 (San Rafael, 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 94903 Zip Code (San Rafael, California) in February 2026 was $3,242.071. The month over month percentage change (MoM) was -0.07%, and the year over year percentage change (YoY) was 2.96%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 94903 zip code (San Rafael, California). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 94903 zip code (San Rafael, 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: 94903 (San Rafael, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 94903 (San Rafael, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) 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 0 NaN NaN
May 2019 0 NaN NaN
Jun 2019 0 NaN NaN
Jul 2019 0 NaN NaN
Aug 2019 0 NaN NaN
Sep 2019 0 NaN NaN
Oct 2019 0 NaN NaN
Nov 2019 0 NaN NaN
Dec 2019 0 NaN NaN
Jan 2020 0 NaN NaN
Feb 2020 0 NaN NaN
Mar 2020 0 NaN NaN
Apr 2020 2583.495452135915 Infinity Infinity
May 2020 2634.026722199935 1.96 Infinity
Jun 2020 2636.0325571014364 0.08 Infinity
Jul 2020 2650.4454691440565 0.55 Infinity
Aug 2020 2663.9204340450333 0.51 Infinity
Sep 2020 2687.046401758444 0.87 Infinity
Oct 2020 2669.9800249246136 -0.63 Infinity
Nov 2020 2688.1821888194318 0.68 Infinity
Dec 2020 2707.3541272161838 0.71 Infinity
Jan 2021 2713.0618152783536 0.21 Infinity
Feb 2021 2722.179409715299 0.34 Infinity
Mar 2021 2703.772606050391 -0.68 Infinity
Apr 2021 2705.2633120534592 0.06 4.71
May 2021 2741.4705144682316 1.34 4.08
Jun 2021 2765.7677647795076 0.89 4.92
Jul 2021 2793.084171158223 0.99 5.38
Aug 2021 2770.240010136634 -0.82 3.99
Sep 2021 2761.59701221072 -0.31 2.77
Oct 2021 0 -100.00 -100.00
Nov 2021 2804.808183804802 Infinity 4.34
Dec 2021 2848.8396112975483 1.57 5.23
Jan 2022 2925.229030033958 2.68 7.82
Feb 2022 3012.278973003806 2.98 10.66
Mar 2022 3056.6124264214714 1.47 13.05
Apr 2022 3060.462429532544 0.13 13.13
May 2022 2974.353577732495 -2.81 8.49
Jun 2022 2955.5921847983445 -0.63 6.86
Jul 2022 2950.695093913121 -0.17 5.64
Aug 2022 2964.1171805565227 0.46 7.00
Sep 2022 3010.317026004469 1.56 9.01
Oct 2022 3009.1469702975755 -0.04 Infinity
Nov 2022 3042.2796248172012 1.10 8.47
Dec 2022 3015.0535946040286 -0.89 5.83
Jan 2023 2969.0937135698446 -1.52 1.50
Feb 2023 2921.828976467356 -1.59 -3.00
Mar 2023 2902.419797032023 -0.66 -5.04
Apr 2023 2925.7468070336704 0.80 -4.40
May 2023 2953.0479615058034 0.93 -0.72
Jun 2023 2970.3062690000647 0.58 0.50
Jul 2023 2980.019613761342 0.33 0.99
Aug 2023 2995.7833006973688 0.53 1.07
Sep 2023 3020.359585511738 0.82 0.33
Oct 2023 3060.667373792994 1.34 1.71
Nov 2023 3034.849151663132 -0.84 -0.24
Dec 2023 3012.0632035422254 -0.75 -0.10
Jan 2024 3017.735726860702 0.19 1.64
Feb 2024 3048.241859658633 1.01 4.33
Mar 2024 3072.057339323456 0.78 5.85
Apr 2024 3088.896398738251 0.55 5.58
May 2024 3103.7042047269038 0.48 5.10
Jun 2024 3120.2631238804215 0.53 5.05
Jul 2024 3121.3704617509943 0.04 4.74
Aug 2024 3113.957744211473 -0.24 3.95
Sep 2024 3074.129221022682 -1.28 1.78
Oct 2024 3063.785569927294 -0.34 0.10
Nov 2024 3072.8560992247826 0.30 1.25
Dec 2024 3106.957274633758 1.11 3.15
Jan 2025 3131.271860696804 0.78 3.76
Feb 2025 3148.893133585931 0.56 3.30
Mar 2025 3150.432180570568 0.05 2.55
Apr 2025 3143.1380390621034 -0.23 1.76
May 2025 3151.9608939869963 0.28 1.56
Jun 2025 3151.750290024923 -0.01 1.01
Jul 2025 3164.5600165478586 0.41 1.38
Aug 2025 3178.882498369426 0.45 2.09
Sep 2025 3207.3914606710177 0.90 4.34
Oct 2025 3214.6347153124257 0.23 4.92
Nov 2025 3231.9609843887033 0.54 5.18
Dec 2025 3239.7343890848138 0.24 4.27
Jan 2026 3244.2271285414936 0.14 3.61
Feb 2026 3242.071428571429 -0.07 2.96