Zip Code: 95111 (San Jose, 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 95111 Zip Code (San Jose, California) in February 2026 was $3,194.139. The month over month percentage change (MoM) was -2.40%, and the year over year percentage change (YoY) was -3.03%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 95111 zip code (San Jose, California). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 95111 zip code (San Jose, 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: 95111 (San Jose, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 95111 (San Jose, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 0 NaN NaN
May 2020 0 NaN NaN
Jun 2020 0 NaN NaN
Jul 2020 0 NaN NaN
Aug 2020 0 NaN NaN
Sep 2020 0 NaN NaN
Oct 2020 0 NaN NaN
Nov 2020 0 NaN NaN
Dec 2020 0 NaN NaN
Jan 2021 0 NaN NaN
Feb 2021 0 NaN NaN
Mar 2021 0 NaN NaN
Apr 2021 0 NaN NaN
May 2021 0 NaN NaN
Jun 2021 0 NaN NaN
Jul 2021 0 NaN NaN
Aug 2021 0 NaN NaN
Sep 2021 0 NaN NaN
Oct 2021 0 NaN NaN
Nov 2021 0 NaN NaN
Dec 2021 0 NaN NaN
Jan 2022 0 NaN NaN
Feb 2022 0 NaN NaN
Mar 2022 0 NaN NaN
Apr 2022 0 NaN NaN
May 2022 0 NaN NaN
Jun 2022 0 NaN NaN
Jul 2022 0 NaN NaN
Aug 2022 0 NaN NaN
Sep 2022 0 NaN NaN
Oct 2022 0 NaN NaN
Nov 2022 0 NaN NaN
Dec 2022 0 NaN NaN
Jan 2023 2934.483903297713 Infinity Infinity
Feb 2023 2878.160973131432 -1.92 Infinity
Mar 2023 2920.542492931271 1.47 Infinity
Apr 2023 2934.4882214832373 0.48 Infinity
May 2023 3026.2728358765103 3.13 Infinity
Jun 2023 3031.6542903315008 0.18 Infinity
Jul 2023 3002.740194294933 -0.95 Infinity
Aug 2023 2956.5271912193266 -1.54 Infinity
Sep 2023 2905.5760828667817 -1.72 Infinity
Oct 2023 2929.041031012387 0.81 Infinity
Nov 2023 2987.118643380174 1.98 Infinity
Dec 2023 3018.267104375418 1.04 Infinity
Jan 2024 2989.1001929782014 -0.97 1.86
Feb 2024 2981.601615805322 -0.25 3.59
Mar 2024 3023.6093660980023 1.41 3.53
Apr 2024 3087.2389705110363 2.10 5.21
May 2024 3135.847683182569 1.58 3.62
Jun 2024 3113.046773474065 -0.73 2.69
Jul 2024 3121.0247692912676 0.26 3.94
Aug 2024 3123.2797955276433 0.07 5.64
Sep 2024 3187.8098682550212 2.07 9.71
Oct 2024 3189.9668421906513 0.07 8.91
Nov 2024 3114.965273960417 -2.35 4.28
Dec 2024 3163.4791612599997 1.56 4.81
Jan 2025 3175.270450462584 0.37 6.23
Feb 2025 3293.9154384992576 3.74 10.48
Mar 2025 3275.30369136413 -0.56 8.32
Apr 2025 3249.0779771582215 -0.80 5.24
May 2025 3197.549274779573 -1.59 1.97
Jun 2025 3228.579035463757 0.97 3.71
Jul 2025 3255.068553235337 0.82 4.30
Aug 2025 3287.764332594155 1.00 5.27
Sep 2025 3280.212193916944 -0.23 2.90
Oct 2025 3281.1303365016643 0.03 2.86
Nov 2025 3317.6062106312534 1.11 6.51
Dec 2025 3271.6311518877087 -1.39 3.42
Jan 2026 3272.705236192554 0.03 3.07
Feb 2026 3194.1388888888887 -2.40 -3.03