Zip Code: 97222 (Milwaukie, 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 97222 Zip Code (Milwaukie, Oregon) in February 2026 was $1,791.581. The month over month percentage change (MoM) was -0.03%, and the year over year percentage change (YoY) was -0.57%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 97222 zip code (Milwaukie, Oregon). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 97222 zip code (Milwaukie, 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: 97222 (Milwaukie, Oregon) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 97222 (Milwaukie, Oregon) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 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 1216.823314704021 Infinity Infinity
Jun 2017 1226.4704517937153 0.79 Infinity
Jul 2017 1213.1198089218747 -1.09 Infinity
Aug 2017 1233.110105799149 1.65 Infinity
Sep 2017 1240.4018035025179 0.59 Infinity
Oct 2017 1260.2342251738094 1.60 Infinity
Nov 2017 1236.5509603904836 -1.88 Infinity
Dec 2017 1242.6299338096185 0.49 Infinity
Jan 2018 1242.992267204873 0.03 Infinity
Feb 2018 1254.741011916082 0.95 Infinity
Mar 2018 1271.3042475820607 1.32 Infinity
Apr 2018 1269.9470301284357 -0.11 Infinity
May 2018 1272.8393262055208 0.23 4.60
Jun 2018 1256.868914764022 -1.25 2.48
Jul 2018 1271.5376155178574 1.17 4.82
Aug 2018 1285.1779151891758 1.07 4.22
Sep 2018 1306.9426978760673 1.69 5.36
Oct 2018 1298.6344446142282 -0.64 3.05
Nov 2018 1320.271674583777 1.67 6.77
Dec 2018 1323.1614875559692 0.22 6.48
Jan 2019 1317.547765071605 -0.42 6.00
Feb 2019 1306.4113824964797 -0.84 4.12
Mar 2019 1315.3156096095165 0.68 3.46
Apr 2019 1319.5190460869885 0.32 3.90
May 2019 1328.0095703254124 0.64 4.33
Jun 2019 1345.5425221469231 1.32 7.06
Jul 2019 1351.2725330758706 0.43 6.27
Aug 2019 1345.907219796787 -0.40 4.72
Sep 2019 1337.6963849447222 -0.61 2.35
Oct 2019 1349.2978434223983 0.87 3.90
Nov 2019 1355.9658319729508 0.49 2.70
Dec 2019 1361.3796035598982 0.40 2.89
Jan 2020 1379.2193946552652 1.31 4.68
Feb 2020 1397.8353695535848 1.35 7.00
Mar 2020 1415.6681729356533 1.28 7.63
Apr 2020 1395.1385063445412 -1.45 5.73
May 2020 1382.6245819088201 -0.90 4.11
Jun 2020 1379.0504234717241 -0.26 2.49
Jul 2020 1405.382820894566 1.91 4.00
Aug 2020 1415.6041121866108 0.73 5.18
Sep 2020 1422.3439446637776 0.48 6.33
Oct 2020 1429.4924513894493 0.50 5.94
Nov 2020 1436.1694081897126 0.47 5.92
Dec 2020 1443.7491554146134 0.53 6.05
Jan 2021 1448.726183555192 0.35 5.04
Feb 2021 1450.7621629427056 0.14 3.79
Mar 2021 1447.453219138968 -0.23 2.25
Apr 2021 1461.447531238404 0.97 4.75
May 2021 1483.9892655967 1.54 7.33
Jun 2021 1506.4059983584825 1.51 9.24
Jul 2021 1526.2096352780975 1.32 8.60
Aug 2021 1562.3546027628288 2.37 10.37
Sep 2021 1594.5213536043473 2.06 12.11
Oct 2021 1607.409847187686 0.81 12.45
Nov 2021 1598.3372051307776 -0.56 11.29
Dec 2021 1609.7987463349248 0.72 11.50
Jan 2022 1609.538813769008 -0.02 11.10
Feb 2022 1628.942059466173 1.21 12.28
Mar 2022 1634.6190586904177 0.35 12.93
Apr 2022 1651.3054623504502 1.02 12.99
May 2022 1658.3735925969888 0.43 11.75
Jun 2022 1666.3973802149983 0.48 10.62
Jul 2022 1672.1246597432557 0.34 9.56
Aug 2022 1679.6213667449756 0.45 7.51
Sep 2022 1678.9169700240645 -0.04 5.29
Oct 2022 1687.0925909743478 0.49 4.96
Nov 2022 1705.3670970996648 1.08 6.70
Dec 2022 1716.1269233244918 0.63 6.61
Jan 2023 1729.6133367039606 0.79 7.46
Feb 2023 1727.8824054264912 -0.10 6.07
Mar 2023 1731.3925043691138 0.20 5.92
Apr 2023 1731.9865180156655 0.03 4.89
May 2023 1726.9835705280684 -0.29 4.14
Jun 2023 1732.7315302955465 0.33 3.98
Jul 2023 1727.4184532722475 -0.31 3.31
Aug 2023 1713.9213492114454 -0.78 2.04
Sep 2023 1705.7144103778364 -0.48 1.60
Oct 2023 1703.273959667378 -0.14 0.96
Nov 2023 1725.3948147050626 1.30 1.17
Dec 2023 1733.9781757361725 0.50 1.04
Jan 2024 1742.7530651502657 0.51 0.76
Feb 2024 1735.286757148759 -0.43 0.43
Mar 2024 1741.0275997396145 0.33 0.56
Apr 2024 1765.828388265063 1.42 1.95
May 2024 1782.03144704787 0.92 3.19
Jun 2024 1783.4660185956066 0.08 2.93
Jul 2024 1779.4146040521734 -0.23 3.01
Aug 2024 1784.1665779148188 0.27 4.10
Sep 2024 1786.890701575137 0.15 4.76
Oct 2024 1787.3940535887034 0.03 4.94
Nov 2024 1779.2454655522386 -0.46 3.12
Dec 2024 1783.7212543617864 0.25 2.87
Jan 2025 1794.392824495074 0.60 2.96
Feb 2025 1801.9016473317413 0.42 3.84
Mar 2025 1804.630724722096 0.15 3.65
Apr 2025 1790.3429490169472 -0.79 1.39
May 2025 1786.759001123403 -0.20 0.27
Jun 2025 1788.3956798387076 0.09 0.28
Jul 2025 1799.4290767525572 0.62 1.13
Aug 2025 1806.080775847451 0.37 1.23
Sep 2025 1812.6547950899433 0.36 1.44
Oct 2025 1816.0216199984736 0.19 1.60
Nov 2025 1811.6752175840675 -0.24 1.82
Dec 2025 1804.7367970838698 -0.38 1.18
Jan 2026 1792.1175712002246 -0.70 -0.13
Feb 2026 1791.580808080808 -0.03 -0.57