Zip Code: 95348 (Merced, 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 95348 Zip Code (Merced, California) in February 2026 was $1,869.709. The month over month percentage change (MoM) was -0.08%, and the year over year percentage change (YoY) was 0.27%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 95348 zip code (Merced, California). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 95348 zip code (Merced, 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: 95348 (Merced, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 95348 (Merced, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
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Month ZORI ($) 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 1569.4389236758032 Infinity Infinity
Aug 2021 0 -100.00 NaN
Sep 2021 1634.9568286566375 Infinity Infinity
Oct 2021 1644.5966836534803 0.59 Infinity
Nov 2021 1662.2901086058735 1.08 Infinity
Dec 2021 1673.4235538046375 0.67 Infinity
Jan 2022 0 -100.00 NaN
Feb 2022 1714.6218823159243 Infinity Infinity
Mar 2022 1722.021938514446 0.43 Infinity
Apr 2022 1743.3200487781285 1.24 Infinity
May 2022 1708.9986888581416 -1.97 Infinity
Jun 2022 1703.2877709983404 -0.33 Infinity
Jul 2022 1701.3917113415318 -0.11 8.41
Aug 2022 1688.2765505274451 -0.77 Infinity
Sep 2022 1682.9440119843669 -0.32 2.94
Oct 2022 1681.7883257273577 -0.07 2.26
Nov 2022 1689.8428022252576 0.48 1.66
Dec 2022 1703.5283684663764 0.81 1.80
Jan 2023 1706.1017526899811 0.15 Infinity
Feb 2023 1718.540464463468 0.73 0.23
Mar 2023 1714.3163326603403 -0.25 -0.45
Apr 2023 1739.7412671980617 1.48 -0.20
May 2023 1733.0114576456374 -0.39 1.41
Jun 2023 1737.1503030348213 0.24 1.99
Jul 2023 1727.4050121968578 -0.56 1.53
Aug 2023 1747.95424677453 1.19 3.54
Sep 2023 1759.9108625365454 0.68 4.57
Oct 2023 1757.0751316055646 -0.16 4.48
Nov 2023 1740.6207124008556 -0.94 3.01
Dec 2023 1744.3102371571918 0.21 2.39
Jan 2024 1756.1115495083734 0.68 2.93
Feb 2024 1766.4739082679093 0.59 2.79
Mar 2024 1778.0680273924904 0.66 3.72
Apr 2024 1784.6528459152987 0.37 2.58
May 2024 1796.639235789723 0.67 3.67
Jun 2024 1787.9878069363913 -0.48 2.93
Jul 2024 1798.0876712084705 0.56 4.09
Aug 2024 1803.0719227813909 0.28 3.15
Sep 2024 1823.9286943643722 1.16 3.64
Oct 2024 1832.0131485090712 0.44 4.26
Nov 2024 1855.7476614286963 1.30 6.61
Dec 2024 1848.063613354702 -0.41 5.95
Jan 2025 1870.1312598608345 1.19 6.49
Feb 2025 1864.6408784289897 -0.29 5.56
Mar 2025 1870.853896988561 0.33 5.22
Apr 2025 1863.0770792629037 -0.42 4.39
May 2025 1875.048502975447 0.64 4.36
Jun 2025 1892.4401725910745 0.93 5.84
Jul 2025 1900.406885573119 0.42 5.69
Aug 2025 1898.722741459179 -0.09 5.31
Sep 2025 1886.04773918972 -0.67 3.41
Oct 2025 1889.500296405768 0.18 3.14
Nov 2025 1884.107682208484 -0.28 1.53
Dec 2025 1890.4628280047934 0.34 2.29
Jan 2026 1871.2524032421138 -1.02 0.06
Feb 2026 1869.708754208754 -0.08 0.27