Zip Code: 98005 (Bellevue, Washington) - 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 98005 Zip Code (Bellevue, Washington) in February 2026 was $2,480.592. The month over month percentage change (MoM) was 0.04%, and the year over year percentage change (YoY) was 1.17%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 98005 zip code (Bellevue, Washington). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 98005 zip code (Bellevue, Washington).

You can see similar information for other Washington 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: 98005 (Bellevue, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 98005 (Bellevue, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 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 1841.5877757847516 Infinity Infinity
Apr 2018 1858.4295745441054 0.92 Infinity
May 2018 1862.2099684139846 0.20 Infinity
Jun 2018 1862.4179755994917 0.01 Infinity
Jul 2018 1875.976807790463 0.73 Infinity
Aug 2018 1865.4733961718134 -0.56 Infinity
Sep 2018 1875.1781361011247 0.52 Infinity
Oct 2018 1857.0672579424624 -0.97 Infinity
Nov 2018 1884.4426249857968 1.47 Infinity
Dec 2018 1908.2759064855693 1.26 Infinity
Jan 2019 1921.4140298432428 0.69 Infinity
Feb 2019 1916.0032867354505 -0.28 Infinity
Mar 2019 1886.395552764219 -1.54 2.43
Apr 2019 1882.5972868202193 -0.20 1.30
May 2019 1876.9021021903454 -0.30 0.79
Jun 2019 1894.135325356204 0.92 1.70
Jul 2019 1904.1156202252384 0.53 1.50
Aug 2019 1927.1165686439804 1.21 3.30
Sep 2019 1929.4644112576227 0.12 2.90
Oct 2019 1940.13779908788 0.55 4.47
Nov 2019 1935.3426200798147 -0.25 2.70
Dec 2019 1936.6119910047262 0.07 1.49
Jan 2020 1952.160325243515 0.80 1.60
Feb 2020 1967.6361483823503 0.79 2.70
Mar 2020 1985.129394125549 0.89 5.23
Apr 2020 1967.473364480224 -0.89 4.51
May 2020 1959.4484234050929 -0.41 4.40
Jun 2020 1927.1004802284353 -1.65 1.74
Jul 2020 1923.8262779299782 -0.17 1.03
Aug 2020 1916.4253124998286 -0.38 -0.56
Sep 2020 1910.2375898658636 -0.32 -1.00
Oct 2020 1911.2529847219844 0.05 -1.49
Nov 2020 1924.7271618755087 0.71 -0.55
Dec 2020 1959.4000265264708 1.80 1.18
Jan 2021 1957.6356899285076 -0.09 0.28
Feb 2021 1951.8375363452053 -0.30 -0.80
Mar 2021 1933.8028455450929 -0.92 -2.59
Apr 2021 1955.7045492540635 1.13 -0.60
May 2021 1984.6402575892391 1.48 1.29
Jun 2021 2040.234784229369 2.80 5.87
Jul 2021 2071.0681149245083 1.51 7.65
Aug 2021 2101.9284471862024 1.49 9.68
Sep 2021 2142.0731725372366 1.91 12.14
Oct 2021 2173.4356208692902 1.46 13.72
Nov 2021 2210.212160234707 1.69 14.83
Dec 2021 2214.780865657403 0.21 13.03
Jan 2022 2223.9342600979912 0.41 13.60
Feb 2022 2235.228630671595 0.51 14.52
Mar 2022 2264.338321693794 1.30 17.09
Apr 2022 2289.4866352255412 1.11 17.07
May 2022 2322.468082619502 1.44 17.02
Jun 2022 2329.9086889418386 0.32 14.20
Jul 2022 2349.433175149545 0.84 13.44
Aug 2022 2345.3481520353234 -0.17 11.58
Sep 2022 2346.4404995654504 0.05 9.54
Oct 2022 2328.3069731560827 -0.77 7.13
Nov 2022 2304.3697265609503 -1.03 4.26
Dec 2022 2284.254377554637 -0.87 3.14
Jan 2023 2301.2137642476955 0.74 3.48
Feb 2023 2321.0118758492576 0.86 3.84
Mar 2023 2329.4032142180017 0.36 2.87
Apr 2023 2311.8363495562785 -0.75 0.98
May 2023 2277.3309448183268 -1.49 -1.94
Jun 2023 2258.0241724905886 -0.85 -3.08
Jul 2023 2260.024160999004 0.09 -3.81
Aug 2023 2266.1531027302863 0.27 -3.38
Sep 2023 2276.6728776409054 0.46 -2.97
Oct 2023 2275.1367504923433 -0.07 -2.28
Nov 2023 2280.8971376082636 0.25 -1.02
Dec 2023 2290.8053240075383 0.43 0.29
Jan 2024 2296.5376570187173 0.25 -0.20
Feb 2024 2310.553241648619 0.61 -0.45
Mar 2024 2330.22567521865 0.85 0.04
Apr 2024 2355.0962813017663 1.07 1.87
May 2024 2386.578110170605 1.34 4.80
Jun 2024 2402.4476474031608 0.67 6.40
Jul 2024 2413.5265158867214 0.46 6.79
Aug 2024 2415.5856905762766 0.09 6.59
Sep 2024 2414.4409045864095 -0.05 6.05
Oct 2024 2422.4458596919953 0.33 6.48
Nov 2024 2444.1876702916024 0.90 7.16
Dec 2024 2457.4601508696824 0.54 7.28
Jan 2025 2453.2587786332283 -0.17 6.82
Feb 2025 2452.0220023558245 -0.05 6.12
Mar 2025 2441.774269553244 -0.42 4.79
Apr 2025 2439.61094682183 -0.09 3.59
May 2025 2439.160750824391 -0.02 2.20
Jun 2025 2447.709988599686 0.35 1.88
Jul 2025 2447.808321751761 0.00 1.42
Aug 2025 2456.867007238132 0.37 1.71
Sep 2025 2464.4725506660716 0.31 2.07
Oct 2025 2474.4995358529145 0.41 2.15
Nov 2025 2470.9561960729816 -0.14 1.10
Dec 2025 2471.671979139309 0.03 0.58
Jan 2026 2479.639508673161 0.32 1.08
Feb 2026 2480.5919191919197 0.04 1.17