Zip Code: 95124 (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 95124 Zip Code (San Jose, California) in February 2026 was $3,759.931. The month over month percentage change (MoM) was -0.01%, and the year over year percentage change (YoY) was 1.59%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 95124 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 95124 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: 95124 (San Jose, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 95124 (San Jose, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 2934.9182106174835 Infinity Infinity
Apr 2018 2941.6329063450903 0.23 Infinity
May 2018 2942.608820868497 0.03 Infinity
Jun 2018 2973.233517825165 1.04 Infinity
Jul 2018 2987.526546518342 0.48 Infinity
Aug 2018 2996.4603414244116 0.30 Infinity
Sep 2018 2977.6095140168136 -0.63 Infinity
Oct 2018 3000.0947287598215 0.76 Infinity
Nov 2018 2994.9112855769617 -0.17 Infinity
Dec 2018 3001.365515673381 0.22 Infinity
Jan 2019 2982.178813128603 -0.64 Infinity
Feb 2019 3020.5426089383436 1.29 Infinity
Mar 2019 3045.6982900412927 0.83 3.78
Apr 2019 3033.9094091413276 -0.39 3.14
May 2019 3048.4886959779396 0.48 3.60
Jun 2019 3035.371841430364 -0.43 2.09
Jul 2019 3044.565225168789 0.30 1.91
Aug 2019 3049.2620376290815 0.15 1.76
Sep 2019 3074.3362925418933 0.82 3.25
Oct 2019 3069.8303048122475 -0.15 2.32
Nov 2019 3088.2622237864657 0.60 3.12
Dec 2019 3080.6314040791276 -0.25 2.64
Jan 2020 3106.9827017437337 0.86 4.18
Feb 2020 3070.4105212418467 -1.18 1.65
Mar 2020 3090.4127489335397 0.65 1.47
Apr 2020 3066.86387487427 -0.76 1.09
May 2020 3049.4489481288842 -0.57 0.03
Jun 2020 3032.2548724165526 -0.56 -0.10
Jul 2020 3039.193707147047 0.23 -0.18
Aug 2020 3066.037247833409 0.88 0.55
Sep 2020 3071.9901483212443 0.19 -0.08
Oct 2020 3072.092687054909 0.00 0.07
Nov 2020 3056.8829386160246 -0.49 -1.02
Dec 2020 3063.320220833843 0.21 -0.56
Jan 2021 3057.5285258705753 -0.19 -1.59
Feb 2021 3034.7594622210872 -0.74 -1.16
Mar 2021 3042.666340550162 0.26 -1.54
Apr 2021 3049.8248658856046 0.24 -0.56
May 2021 3091.4227998759843 1.36 1.38
Jun 2021 3127.7193252330617 1.17 3.15
Jul 2021 3152.8212939806763 0.80 3.74
Aug 2021 3140.543170359718 -0.39 2.43
Sep 2021 3144.459205244405 0.13 2.36
Oct 2021 3162.2858871472667 0.57 2.94
Nov 2021 3196.8415724446654 1.09 4.58
Dec 2021 3210.310549859621 0.42 4.80
Jan 2022 3215.072088825484 0.15 5.15
Feb 2022 3233.3577316112555 0.57 6.54
Mar 2022 3246.9042410532843 0.42 6.71
Apr 2022 3299.126144055387 1.61 8.17
May 2022 3321.445545295889 0.68 7.44
Jun 2022 3331.950023549814 0.32 6.53
Jul 2022 3332.3285545733693 0.01 5.69
Aug 2022 3377.567157703158 1.36 7.55
Sep 2022 3380.292610137041 0.08 7.50
Oct 2022 3374.8358964152685 -0.16 6.72
Nov 2022 3348.9071027338837 -0.77 4.76
Dec 2022 3393.9527865982236 1.35 5.72
Jan 2023 3435.401890088175 1.22 6.85
Feb 2023 3469.9082220630453 1.00 7.32
Mar 2023 3458.0548025193693 -0.34 6.50
Apr 2023 3444.8097801265067 -0.38 4.42
May 2023 3448.6584231027123 0.11 3.83
Jun 2023 3444.071645174055 -0.13 3.37
Jul 2023 3449.672988025588 0.16 3.52
Aug 2023 3430.6526362530217 -0.55 1.57
Sep 2023 3453.800092805041 0.68 2.17
Oct 2023 3477.1976042484084 0.68 3.03
Nov 2023 3536.9875550524507 1.72 5.62
Dec 2023 3526.337094672511 -0.30 3.90
Jan 2024 3514.9475319175153 -0.32 2.32
Feb 2024 3491.2034525282534 -0.68 0.61
Mar 2024 3537.1651358591953 1.32 2.29
Apr 2024 3568.1257374393936 0.88 3.58
May 2024 3566.812245108221 -0.04 3.43
Jun 2024 3557.9675065155225 -0.25 3.31
Jul 2024 3569.904156736378 0.34 3.49
Aug 2024 3614.4064171207274 1.25 5.36
Sep 2024 3627.373474482718 0.36 5.03
Oct 2024 3621.8975666808374 -0.15 4.16
Nov 2024 3627.5402882502513 0.16 2.56
Dec 2024 3662.3691564433966 0.96 3.86
Jan 2025 3673.4785855113496 0.30 4.51
Feb 2025 3701.011913160638 0.75 6.01
Mar 2025 3698.3162117058305 -0.07 4.56
Apr 2025 3699.072310012376 0.02 3.67
May 2025 3720.8867883115545 0.59 4.32
Jun 2025 3754.2636689763885 0.90 5.52
Jul 2025 3767.589712463871 0.36 5.54
Aug 2025 3758.0404989743915 -0.25 3.97
Sep 2025 3759.144802552526 0.03 3.63
Oct 2025 3774.6243837791817 0.41 4.22
Nov 2025 3765.660075639661 -0.24 3.81
Dec 2025 3753.814234123879 -0.31 2.50
Jan 2026 3760.299699852538 0.17 2.36
Feb 2026 3759.930555555555 -0.01 1.59