Zip Code: 95116 (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 95116 Zip Code (San Jose, California) in February 2026 was $3,183.75. The month over month percentage change (MoM) was 1.74%, and the year over year percentage change (YoY) was 5.86%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 95116 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 95116 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: 95116 (San Jose, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 95116 (San Jose, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 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 2476.8007887946947 Infinity Infinity
Jun 2020 2459.114559559809 -0.71 Infinity
Jul 2020 2434.3828723270117 -1.01 Infinity
Aug 2020 2420.2879522976714 -0.58 Infinity
Sep 2020 2379.4052752050357 -1.69 Infinity
Oct 2020 2377.8894645019136 -0.06 Infinity
Nov 2020 2375.2207690087457 -0.11 Infinity
Dec 2020 2469.566941951479 3.97 Infinity
Jan 2021 2436.180599020396 -1.35 Infinity
Feb 2021 2428.366538178891 -0.32 Infinity
Mar 2021 2387.319754666298 -1.69 Infinity
Apr 2021 2415.1262573982394 1.17 Infinity
May 2021 2449.3029417495914 1.42 -1.11
Jun 2021 2456.410018740807 0.29 -0.11
Jul 2021 2521.0612186976596 2.63 3.56
Aug 2021 2563.57534763531 1.69 5.92
Sep 2021 2568.8821262941397 0.21 7.96
Oct 2021 2567.807702153674 -0.04 7.99
Nov 2021 2576.113290683086 0.32 8.46
Dec 2021 2588.9004874755396 0.50 4.83
Jan 2022 2619.882331201781 1.20 7.54
Feb 2022 2615.8684676715498 -0.15 7.72
Mar 2022 2605.3315352600434 -0.40 9.13
Apr 2022 2626.3037415247745 0.81 8.74
May 2022 2668.197263066986 1.60 8.94
Jun 2022 2740.712705036118 2.72 11.57
Jul 2022 2718.6294806863693 -0.81 7.84
Aug 2022 2709.3787730723393 -0.34 5.69
Sep 2022 2757.4586860825907 1.78 7.34
Oct 2022 2764.1062832773396 0.24 7.65
Nov 2022 2792.953315904898 1.04 8.42
Dec 2022 2722.7643078558217 -2.51 5.17
Jan 2023 2782.2586279309817 2.19 6.20
Feb 2023 2823.869417580822 1.50 7.95
Mar 2023 2891.4929565770285 2.40 10.98
Apr 2023 2868.353555150535 -0.80 9.22
May 2023 2843.6922211773517 -0.86 6.58
Jun 2023 2843.1642371978305 -0.02 3.74
Jul 2023 2865.016851385229 0.77 5.39
Aug 2023 2873.127663117843 0.28 6.04
Sep 2023 2839.038117763721 -1.19 2.96
Oct 2023 2871.5354378322936 1.15 3.89
Nov 2023 2850.4874242365076 -0.73 2.06
Dec 2023 2887.184619931005 1.29 6.04
Jan 2024 2835.9693741853202 -1.77 1.93
Feb 2024 2866.1681628661695 1.07 1.50
Mar 2024 2909.437058469474 1.51 0.62
Apr 2024 2924.4125673155895 0.52 1.95
May 2024 2906.2053397096283 -0.62 2.20
Jun 2024 2888.2898893122488 -0.62 1.59
Jul 2024 2921.144043569805 1.14 1.96
Aug 2024 2945.154678343558 0.82 2.51
Sep 2024 2971.3796818070105 0.89 4.66
Oct 2024 2958.4775388984394 -0.43 3.03
Nov 2024 3012.8195767077677 1.84 5.70
Dec 2024 3020.3528755127 0.25 4.61
Jan 2025 3061.404086005395 1.36 7.95
Feb 2025 3007.4186343633014 -1.76 4.93
Mar 2025 2968.655932593712 -1.29 2.04
Apr 2025 2987.9051455908584 0.65 2.17
May 2025 3029.887726705074 1.41 4.26
Jun 2025 3056.1712173610445 0.87 5.81
Jul 2025 3050.592688279672 -0.18 4.43
Aug 2025 3057.8742321779473 0.24 3.83
Sep 2025 3073.82338265446 0.52 3.45
Oct 2025 3097.0846176715554 0.76 4.68
Nov 2025 3090.6636540112872 -0.21 2.58
Dec 2025 3114.343760933749 0.77 3.11
Jan 2026 3129.43319982747 0.49 2.22
Feb 2026 3183.75 1.74 5.86