Zip Code: 97223 (Tigard, 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 97223 Zip Code (Tigard, Oregon) in February 2026 was $1,890.303. The month over month percentage change (MoM) was -0.39%, and the year over year percentage change (YoY) was 0.18%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 97223 zip code (Tigard, Oregon). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 97223 zip code (Tigard, 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: 97223 (Tigard, Oregon) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 97223 (Tigard, Oregon) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 1172.2640256916761 Infinity Infinity
May 2016 1180.1046850346188 0.67 Infinity
Jun 2016 1181.5591697761363 0.12 Infinity
Jul 2016 1203.825889278831 1.89 Infinity
Aug 2016 1229.3538162173952 2.12 Infinity
Sep 2016 1234.4473217473294 0.41 Infinity
Oct 2016 1242.9185954704199 0.69 Infinity
Nov 2016 1229.276819017764 -1.10 Infinity
Dec 2016 1232.5819096092098 0.27 Infinity
Jan 2017 1233.733000073787 0.09 Infinity
Feb 2017 1231.519412863119 -0.18 Infinity
Mar 2017 1229.7400931853008 -0.14 Infinity
Apr 2017 1245.9354818045736 1.32 6.29
May 2017 1249.911848887035 0.32 5.92
Jun 2017 1260.9336095145457 0.88 6.72
Jul 2017 1261.6315220584356 0.06 4.80
Aug 2017 1269.3607862202164 0.61 3.25
Sep 2017 1277.3867776720901 0.63 3.48
Oct 2017 1283.0657726241136 0.45 3.23
Nov 2017 1286.0696236454708 0.23 4.62
Dec 2017 1283.3879764851797 -0.21 4.12
Jan 2018 1286.247239654055 0.22 4.26
Feb 2018 1293.381039782146 0.56 5.02
Mar 2018 1294.4068195131417 0.08 5.26
Apr 2018 1289.2462324798942 -0.40 3.48
May 2018 1292.4993914072038 0.25 3.41
Jun 2018 1294.914563025702 0.19 2.70
Jul 2018 1294.2558839647147 -0.05 2.59
Aug 2018 1303.8099722423683 0.74 2.71
Sep 2018 1319.9548750518304 1.24 3.33
Oct 2018 1330.7782555316955 0.82 3.72
Nov 2018 1330.9043752303567 0.01 3.49
Dec 2018 1332.4774511066416 0.12 3.83
Jan 2019 1335.5726792556102 0.23 3.84
Feb 2019 1346.9633905350813 0.85 4.14
Mar 2019 1357.5368006054227 0.79 4.88
Apr 2019 1367.3376094783926 0.72 6.06
May 2019 1375.0618224393465 0.56 6.39
Jun 2019 1381.37438714402 0.46 6.68
Jul 2019 1390.1132358274913 0.63 7.41
Aug 2019 1388.1120685973797 -0.14 6.47
Sep 2019 1384.0306894083749 -0.29 4.85
Oct 2019 1384.8937485161903 0.06 4.07
Nov 2019 1398.654348467049 0.99 5.09
Dec 2019 1412.1195058004055 0.96 5.98
Jan 2020 1422.7968334349673 0.76 6.53
Feb 2020 1424.9815875695597 0.15 5.79
Mar 2020 1418.50876921524 -0.45 4.49
Apr 2020 1402.23760002414 -1.15 2.55
May 2020 1412.2830650850237 0.72 2.71
Jun 2020 1394.8800592113073 -1.23 0.98
Jul 2020 1415.254008516713 1.46 1.81
Aug 2020 1414.560688916131 -0.05 1.91
Sep 2020 1444.4815041930547 2.12 4.37
Oct 2020 1455.2876399423512 0.75 5.08
Nov 2020 1482.8216017046045 1.89 6.02
Dec 2020 1487.5571657826572 0.32 5.34
Jan 2021 1496.014772988148 0.57 5.15
Feb 2021 1487.8070837151204 -0.55 4.41
Mar 2021 1474.7401430511663 -0.88 3.96
Apr 2021 1484.4931508107434 0.66 5.87
May 2021 1502.3406396597534 1.20 6.38
Jun 2021 1548.8876164180103 3.10 11.04
Jul 2021 1570.7329561541915 1.41 10.99
Aug 2021 1590.1009292496997 1.23 12.41
Sep 2021 1604.7851711031974 0.92 11.10
Oct 2021 1624.9137408668535 1.25 11.66
Nov 2021 1638.1550144486182 0.82 10.48
Dec 2021 1634.2335305927575 -0.24 9.86
Jan 2022 1651.7786431746288 1.07 10.41
Feb 2022 1678.769522440237 1.63 12.84
Mar 2022 1723.9467229773552 2.69 16.90
Apr 2022 1740.4518848781709 0.96 17.24
May 2022 1756.2671053982767 0.91 16.90
Jun 2022 1759.852034107037 0.20 13.62
Jul 2022 1761.055183832904 0.07 12.12
Aug 2022 1766.590937100012 0.31 11.10
Sep 2022 1752.885055102863 -0.78 9.23
Oct 2022 1772.365577037732 1.11 9.07
Nov 2022 1777.555307642473 0.29 8.51
Dec 2022 1818.32889453388 2.29 11.27
Jan 2023 1809.2432196783095 -0.50 9.53
Feb 2023 1811.3389686232615 0.12 7.90
Mar 2023 1803.4516428385318 -0.43 4.61
Apr 2023 1818.6915105979858 0.85 4.50
May 2023 1814.2398551162769 -0.24 3.30
Jun 2023 1805.0738282355821 -0.50 2.57
Jul 2023 1805.8179260999761 0.04 2.54
Aug 2023 1816.5386009172646 0.59 2.83
Sep 2023 1826.774404829923 0.56 4.22
Oct 2023 1806.3477215026003 -1.12 1.92
Nov 2023 1797.6160586411254 -0.48 1.13
Dec 2023 1782.76376460136 -0.83 -1.96
Jan 2024 1797.3060076195554 0.82 -0.66
Feb 2024 1804.976785618098 0.43 -0.35
Mar 2024 1817.9364747343109 0.72 0.80
Apr 2024 1814.6702558838224 -0.18 -0.22
May 2024 1818.8462043391062 0.23 0.25
Jun 2024 1836.446190427217 0.97 1.74
Jul 2024 1853.854385943135 0.95 2.66
Aug 2024 1862.2597730723178 0.45 2.52
Sep 2024 1868.2475210513992 0.32 2.27
Oct 2024 1864.6337886804765 -0.19 3.23
Nov 2024 1868.2389750735717 0.19 3.93
Dec 2024 1881.5252715051088 0.71 5.54
Jan 2025 1877.8692582636352 -0.19 4.48
Feb 2025 1886.8771390804848 0.48 4.54
Mar 2025 1882.3167292298533 -0.24 3.54
Apr 2025 1884.2458069649422 0.10 3.83
May 2025 1889.673515075692 0.29 3.89
Jun 2025 1887.9646423657787 -0.09 2.81
Jul 2025 1882.744082787322 -0.28 1.56
Aug 2025 1878.1380008916124 -0.24 0.85
Sep 2025 1879.1367808586792 0.05 0.58
Oct 2025 1894.3365694280824 0.81 1.59
Nov 2025 1900.9956237979254 0.35 1.75
Dec 2025 1895.7806153254053 -0.27 0.76
Jan 2026 1897.662246867039 0.10 1.05
Feb 2026 1890.3033438296595 -0.39 0.18