Zip Code: 95129 (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 95129 Zip Code (San Jose, California) in February 2026 was $3,414.309. The month over month percentage change (MoM) was -0.40%, and the year over year percentage change (YoY) was 1.79%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 95129 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 95129 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: 95129 (San Jose, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 95129 (San Jose, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 2785.1021514959925 Infinity Infinity
Jun 2017 2773.2606810952707 -0.42 Infinity
Jul 2017 2813.7827925353586 1.46 Infinity
Aug 2017 2824.435012801527 0.38 Infinity
Sep 2017 2838.631921551439 0.50 Infinity
Oct 2017 2853.6050595577453 0.53 Infinity
Nov 2017 2847.9346619497314 -0.20 Infinity
Dec 2017 2854.5043316307306 0.23 Infinity
Jan 2018 2876.3682227931185 0.77 Infinity
Feb 2018 2932.971101452581 1.97 Infinity
Mar 2018 2942.9105934960876 0.34 Infinity
Apr 2018 2935.7231220128274 -0.24 Infinity
May 2018 2883.7284025122185 -1.77 3.54
Jun 2018 2894.8616475087374 0.39 4.39
Jul 2018 2888.73432388337 -0.21 2.66
Aug 2018 2887.459660661552 -0.04 2.23
Sep 2018 2884.3591709386546 -0.11 1.61
Oct 2018 2895.748263004824 0.40 1.48
Nov 2018 2920.601288911303 0.86 2.55
Dec 2018 2932.8364261944994 0.42 2.74
Jan 2019 2910.1848087608664 -0.77 1.18
Feb 2019 2883.400594591747 -0.92 -1.69
Mar 2019 2882.4778564096573 -0.03 -2.05
Apr 2019 2910.9022923542225 0.99 -0.84
May 2019 2937.4295584562155 0.91 1.86
Jun 2019 2932.066371725197 -0.18 1.29
Jul 2019 2927.89019267268 -0.14 1.36
Aug 2019 2930.435680931896 0.09 1.49
Sep 2019 2938.1158143277216 0.26 1.86
Oct 2019 2943.0123190975596 0.17 1.63
Nov 2019 2932.7832156894888 -0.35 0.42
Dec 2019 2931.7777229392827 -0.03 -0.04
Jan 2020 2937.3790815396064 0.19 0.93
Feb 2020 2950.163528049327 0.44 2.32
Mar 2020 2969.169021478012 0.64 3.01
Apr 2020 2943.474368520017 -0.86 1.12
May 2020 2921.5758818905565 -0.74 -0.54
Jun 2020 2876.2179423861626 -1.55 -1.90
Jul 2020 2862.2357978418545 -0.49 -2.24
Aug 2020 2832.0166273106224 -1.06 -3.36
Sep 2020 2832.577385378941 0.02 -3.59
Oct 2020 2803.4562579426415 -1.03 -4.74
Nov 2020 2801.3245758159665 -0.08 -4.48
Dec 2020 2793.300738458753 -0.29 -4.72
Jan 2021 2782.4321963296034 -0.39 -5.27
Feb 2021 2750.75496935537 -1.14 -6.76
Mar 2021 2738.6153718985547 -0.44 -7.76
Apr 2021 2748.124416776714 0.35 -6.64
May 2021 2781.5738872312363 1.22 -4.79
Jun 2021 2796.804785297065 0.55 -2.76
Jul 2021 2831.5589341164355 1.24 -1.07
Aug 2021 2882.2961309130883 1.79 1.78
Sep 2021 2924.269876181951 1.46 3.24
Oct 2021 2957.645898849274 1.14 5.50
Nov 2021 2959.8357661881405 0.07 5.66
Dec 2021 2967.2362306466093 0.25 6.23
Jan 2022 2998.000151126837 1.04 7.75
Feb 2022 3028.4000566719524 1.01 10.09
Mar 2022 3056.8991780129186 0.94 11.62
Apr 2022 3057.585363510226 0.02 11.26
May 2022 3059.562006765736 0.07 9.99
Jun 2022 3076.0557460213977 0.54 9.99
Jul 2022 3092.3149766087117 0.53 9.21
Aug 2022 3091.948740049647 -0.01 7.27
Sep 2022 3062.0862111299853 -0.97 4.71
Oct 2022 3082.8213253631243 0.68 4.23
Nov 2022 3108.496043534941 0.83 5.02
Dec 2022 3147.5254445732676 1.26 6.08
Jan 2023 3132.7825253942847 -0.47 4.50
Feb 2023 3144.88327195293 0.39 3.85
Mar 2023 3129.3839976191293 -0.49 2.37
Apr 2023 3152.2352760164704 0.73 3.10
May 2023 3154.180291183309 0.06 3.09
Jun 2023 3183.840898033624 0.94 3.50
Jul 2023 3180.6876513709044 -0.10 2.86
Aug 2023 3175.7916508308476 -0.15 2.71
Sep 2023 3191.497959698543 0.50 4.23
Oct 2023 3181.6319694066015 -0.31 3.21
Nov 2023 3170.3502832281565 -0.35 1.99
Dec 2023 3168.8493135619324 -0.05 0.68
Jan 2024 3226.1813834738055 1.81 2.98
Feb 2024 3226.8109585981574 0.02 2.61
Mar 2024 3230.9849676484973 0.13 3.25
Apr 2024 3212.236752892812 -0.58 1.90
May 2024 3262.620182244275 1.57 3.44
Jun 2024 3254.6995284228774 -0.24 2.23
Jul 2024 3288.0407090545104 1.02 3.38
Aug 2024 3294.1718255366527 0.19 3.73
Sep 2024 3359.1488571181258 1.97 5.25
Oct 2024 3346.32831409007 -0.38 5.18
Nov 2024 3351.4336080510852 0.15 5.71
Dec 2024 3305.5836620615764 -1.37 4.32
Jan 2025 3323.363481410892 0.54 3.01
Feb 2025 3354.3923662065076 0.93 3.95
Mar 2025 3376.7557604040267 0.67 4.51
Apr 2025 3402.649993130066 0.77 5.93
May 2025 3383.0748161735955 -0.57 3.69
Jun 2025 3392.4187335930205 0.28 4.23
Jul 2025 3384.8340647959403 -0.22 2.94
Aug 2025 3401.292979255053 0.49 3.25
Sep 2025 3367.7279187870704 -0.99 0.26
Oct 2025 3395.160787762061 0.82 1.46
Nov 2025 3409.04399762737 0.41 1.72
Dec 2025 3453.05884827375 1.29 4.46
Jan 2026 3427.9366609561234 -0.73 3.15
Feb 2026 3414.308862433862 -0.40 1.79