Zip Code: 97219 (Portland, Oregon) - 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 97219 Zip Code (Portland, Oregon) in February 2026 was $1,976.297. The month over month percentage change (MoM) was 0.21%, and the year over year percentage change (YoY) was 1.03%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 97219 zip code (Portland, Oregon). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 97219 zip code (Portland, Oregon).

You can see similar information for other Oregon 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: 97219 (Portland, Oregon) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 97219 (Portland, Oregon) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 1275.0881179095215 Infinity Infinity
Feb 2016 1258.388075870322 -1.31 Infinity
Mar 2016 1263.6395301487903 0.42 Infinity
Apr 2016 1266.964402607897 0.26 Infinity
May 2016 1284.313518690466 1.37 Infinity
Jun 2016 1287.9441819402239 0.28 Infinity
Jul 2016 1295.8748742283772 0.62 Infinity
Aug 2016 1300.6497065351825 0.37 Infinity
Sep 2016 1326.3361415531087 1.98 Infinity
Oct 2016 1336.6905533027139 0.78 Infinity
Nov 2016 1347.252320315073 0.79 Infinity
Dec 2016 1346.0917083407433 -0.09 Infinity
Jan 2017 1365.5163551219916 1.44 7.09
Feb 2017 1401.2034299699408 2.61 11.35
Mar 2017 1424.5826888500487 1.67 12.74
Apr 2017 1418.5834193219384 -0.42 11.97
May 2017 1391.2088406569017 -1.93 8.32
Jun 2017 1390.2958638355008 -0.07 7.95
Jul 2017 1386.9682956375166 -0.24 7.03
Aug 2017 1395.624976108781 0.62 7.30
Sep 2017 1392.0461595922534 -0.26 4.95
Oct 2017 1397.6265524601486 0.40 4.56
Nov 2017 1392.2602920728575 -0.38 3.34
Dec 2017 0 -100.00 -100.00
Jan 2018 1388.346693809963 Infinity 1.67
Feb 2018 1388.1873963803066 -0.01 -0.93
Mar 2018 1395.86589264477 0.55 -2.02
Apr 2018 1417.784290935054 1.57 -0.06
May 2018 1426.6115049313398 0.62 2.55
Jun 2018 1428.5295018806091 0.13 2.75
Jul 2018 1423.233529178227 -0.37 2.62
Aug 2018 1431.3535839842768 0.57 2.56
Sep 2018 1435.3122149214284 0.28 3.11
Oct 2018 1447.8068074905914 0.87 3.59
Nov 2018 1447.4932077885655 -0.02 3.97
Dec 2018 1459.741308472498 0.85 Infinity
Jan 2019 1462.028383994117 0.16 5.31
Feb 2019 1461.2926298829423 -0.05 5.27
Mar 2019 1455.9183091886346 -0.37 4.30
Apr 2019 1453.0198741010195 -0.20 2.49
May 2019 1467.3489581498875 0.99 2.86
Jun 2019 1477.2570438580867 0.68 3.41
Jul 2019 1493.4886115972688 1.10 4.94
Aug 2019 1494.3574356530114 0.06 4.40
Sep 2019 1499.7554729692333 0.36 4.49
Oct 2019 1496.8254585295601 -0.19 3.39
Nov 2019 1509.1610614804986 0.82 4.26
Dec 2019 1509.8740290296614 0.05 3.43
Jan 2020 1521.83425167387 0.79 4.09
Feb 2020 1529.3853623059824 0.50 4.66
Mar 2020 1534.0898267928908 0.31 5.37
Apr 2020 1535.5135301417163 0.09 5.68
May 2020 1519.797897478099 -1.02 3.57
Jun 2020 1523.0869307754967 0.22 3.10
Jul 2020 1522.617582378712 -0.03 1.95
Aug 2020 1528.1129839905288 0.36 2.26
Sep 2020 1547.2197519491476 1.25 3.17
Oct 2020 1556.5844747333942 0.61 3.99
Nov 2020 1560.9644171435782 0.28 3.43
Dec 2020 1558.3894219114213 -0.16 3.21
Jan 2021 1570.4573331605063 0.77 3.20
Feb 2021 1574.4601365148062 0.26 2.95
Mar 2021 1588.782218275813 0.91 3.57
Apr 2021 1604.3044879397441 0.98 4.48
May 2021 1627.508033821047 1.45 7.09
Jun 2021 1635.8095081241897 0.51 7.40
Jul 2021 1644.7617374927527 0.55 8.02
Aug 2021 1657.9778950382836 0.80 8.50
Sep 2021 1669.75663027717 0.71 7.92
Oct 2021 1688.338392704218 1.11 8.46
Nov 2021 1716.5630782347935 1.67 9.97
Dec 2021 1741.3456450017632 1.44 11.74
Jan 2022 1741.609277414811 0.02 10.90
Feb 2022 1740.558948047359 -0.06 10.55
Mar 2022 1753.239333039961 0.73 10.35
Apr 2022 1765.884188168279 0.72 10.07
May 2022 1784.581458050114 1.06 9.65
Jun 2022 1799.5640056129625 0.84 10.01
Jul 2022 1823.974347480253 1.36 10.90
Aug 2022 1835.300955149719 0.62 10.70
Sep 2022 1843.3778381511972 0.44 10.40
Oct 2022 1848.5355378838876 0.28 9.49
Nov 2022 1847.0083148278927 -0.08 7.60
Dec 2022 1853.5677135633014 0.36 6.45
Jan 2023 1860.5278110442578 0.38 6.83
Feb 2023 1874.4783185404806 0.75 7.69
Mar 2023 1872.8612847784882 -0.09 6.82
Apr 2023 1886.8669856190475 0.75 6.85
May 2023 1886.4648070728233 -0.02 5.71
Jun 2023 1875.578391252035 -0.58 4.22
Jul 2023 1851.3458771540722 -1.29 1.50
Aug 2023 1847.092813189391 -0.23 0.64
Sep 2023 1849.1883673389143 0.11 0.32
Oct 2023 1854.7899791441682 0.30 0.34
Nov 2023 1858.7133229683088 0.21 0.63
Dec 2023 1862.1131834967334 0.18 0.46
Jan 2024 1869.0212381191952 0.37 0.46
Feb 2024 1876.280215048135 0.39 0.10
Mar 2024 1874.5067353688944 -0.09 0.09
Apr 2024 1901.9512522324553 1.46 0.80
May 2024 1901.573406258267 -0.02 0.80
Jun 2024 1917.5814627562158 0.84 2.24
Jul 2024 1905.922164369982 -0.61 2.95
Aug 2024 1912.2304730779026 0.33 3.53
Sep 2024 1934.0469672359225 1.14 4.59
Oct 2024 1943.654481518589 0.50 4.79
Nov 2024 1948.5820809317997 0.25 4.84
Dec 2024 1937.7248890755643 -0.56 4.06
Jan 2025 1961.9788818599636 1.25 4.97
Feb 2025 1956.062031084091 -0.30 4.25
Mar 2025 1968.3145143832646 0.63 5.00
Apr 2025 1949.603507226837 -0.95 2.51
May 2025 1957.5126808292318 0.41 2.94
Jun 2025 1958.558572094562 0.05 2.14
Jul 2025 1984.6773310523147 1.33 4.13
Aug 2025 1989.3481298153074 0.24 4.03
Sep 2025 1978.8212141687025 -0.53 2.32
Oct 2025 1975.7431529917972 -0.16 1.65
Nov 2025 1977.395138932144 0.08 1.48
Dec 2025 1989.0983576136825 0.59 2.65
Jan 2026 1972.2298303667953 -0.85 0.52
Feb 2026 1976.297435897436 0.21 1.03