Zip Code: 95117 (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 95117 Zip Code (San Jose, California) in February 2026 was $2,702.607. The month over month percentage change (MoM) was 0.30%, and the year over year percentage change (YoY) was 2.50%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 95117 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 95117 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: 95117 (San Jose, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 95117 (San Jose, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 2217.9009055713555 Infinity Infinity
Feb 2018 2222.77766011791 0.22 Infinity
Mar 2018 2215.2629479700845 -0.34 Infinity
Apr 2018 2211.5627921402397 -0.17 Infinity
May 2018 2228.320467043729 0.76 Infinity
Jun 2018 2265.3908374958173 1.66 Infinity
Jul 2018 2267.1148726523743 0.08 Infinity
Aug 2018 2263.609855755241 -0.15 Infinity
Sep 2018 2223.9372206049284 -1.75 Infinity
Oct 2018 2240.3536082313735 0.74 Infinity
Nov 2018 2250.9985226339636 0.48 Infinity
Dec 2018 2275.833115247095 1.10 Infinity
Jan 2019 2268.874258735253 -0.31 2.30
Feb 2019 2289.0686971515206 0.89 2.98
Mar 2019 2287.163051870855 -0.08 3.25
Apr 2019 2299.4699764327543 0.54 3.98
May 2019 2287.76554122864 -0.51 2.67
Jun 2019 2279.279086237635 -0.37 0.61
Jul 2019 2285.5189348770577 0.27 0.81
Aug 2019 2292.4850665793538 0.31 1.28
Sep 2019 2308.3132171004113 0.69 3.79
Oct 2019 2310.864340223072 0.11 3.15
Nov 2019 2316.425935205787 0.24 2.91
Dec 2019 2316.9169112190652 0.02 1.81
Jan 2020 2322.3704411029294 0.24 2.36
Feb 2020 2318.8265081862214 -0.15 1.30
Mar 2020 2342.7128361795335 1.03 2.43
Apr 2020 2314.454723871459 -1.21 0.65
May 2020 2331.331526435662 0.73 1.90
Jun 2020 2307.922769129812 -1.00 1.26
Jul 2020 2309.782894891093 0.08 1.06
Aug 2020 2265.5631752680124 -1.91 -1.17
Sep 2020 2247.5251925500943 -0.80 -2.63
Oct 2020 2240.95631975161 -0.29 -3.02
Nov 2020 2227.9304362973958 -0.58 -3.82
Dec 2020 2229.1731319283554 0.06 -3.79
Jan 2021 2213.080561322682 -0.72 -4.71
Feb 2021 2226.0620765037997 0.59 -4.00
Mar 2021 2225.3522190334484 -0.03 -5.01
Apr 2021 2242.310678166827 0.76 -3.12
May 2021 2230.287733378141 -0.54 -4.33
Jun 2021 2246.653955521739 0.73 -2.65
Jul 2021 2246.905976044351 0.01 -2.72
Aug 2021 2274.301885261925 1.22 0.39
Sep 2021 2306.8742623234416 1.43 2.64
Oct 2021 2335.7149756171334 1.25 4.23
Nov 2021 2350.54936610909 0.64 5.50
Dec 2021 2346.366571339971 -0.18 5.26
Jan 2022 2360.9318420582335 0.62 6.68
Feb 2022 2360.2964799536453 -0.03 6.03
Mar 2022 2359.3921591311 -0.04 6.02
Apr 2022 2359.2561692137097 -0.01 5.22
May 2022 2393.8903969919047 1.47 7.34
Jun 2022 2423.3381373161155 1.23 7.86
Jul 2022 2447.4117424955402 0.99 8.92
Aug 2022 2468.037014975072 0.84 8.52
Sep 2022 2464.480274753806 -0.14 6.83
Oct 2022 2467.907322769997 0.14 5.66
Nov 2022 2484.3744382410505 0.67 5.69
Dec 2022 2505.0967892489566 0.83 6.77
Jan 2023 2493.194559745288 -0.47 5.60
Feb 2023 2496.8841489196398 0.15 5.79
Mar 2023 2519.8453053036087 0.92 6.80
Apr 2023 2542.8109431217517 0.91 7.78
May 2023 2543.508437626218 0.03 6.25
Jun 2023 2526.374201522202 -0.67 4.25
Jul 2023 2532.6914862553936 0.25 3.48
Aug 2023 2521.6653549737734 -0.43 2.17
Sep 2023 2525.1701195752 0.14 2.46
Oct 2023 2517.2104499492248 -0.31 2.00
Nov 2023 2495.949845378198 -0.84 0.47
Dec 2023 2509.7048408913975 0.55 0.18
Jan 2024 2529.87616368805 0.80 1.47
Feb 2024 2577.945453831787 1.90 3.25
Mar 2024 2575.1644063225403 -0.11 2.19
Apr 2024 2568.5855960110202 -0.25 1.01
May 2024 2561.2816718659838 -0.28 0.70
Jun 2024 2590.560544279648 1.14 2.54
Jul 2024 2615.8722663068056 0.98 3.28
Aug 2024 2619.7499503792437 0.15 3.89
Sep 2024 2626.505592188541 0.26 4.01
Oct 2024 2599.713137853284 -1.02 3.28
Nov 2024 2635.68841529877 1.38 5.60
Dec 2024 2632.2034821539282 -0.13 4.88
Jan 2025 2662.921279419632 1.17 5.26
Feb 2025 2636.815400027452 -0.98 2.28
Mar 2025 2645.3287920341286 0.32 2.73
Apr 2025 2655.9449745740485 0.40 3.40
May 2025 2671.636330391353 0.59 4.31
Jun 2025 2667.4342542252975 -0.16 2.97
Jul 2025 2656.51408401844 -0.41 1.55
Aug 2025 2669.7139879894034 0.50 1.91
Sep 2025 2677.9246411962454 0.31 1.96
Oct 2025 2715.4467076078504 1.40 4.45
Nov 2025 2708.217047243734 -0.27 2.75
Dec 2025 2713.419688458621 0.19 3.09
Jan 2026 2694.571554353816 -0.69 1.19
Feb 2026 2702.6071428571427 0.30 2.50