Zip Code: 98007 (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 98007 Zip Code (Bellevue, Washington) in February 2026 was $2,304.124. The month over month percentage change (MoM) was -0.56%, and the year over year percentage change (YoY) was -1.40%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 98007 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 98007 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: 98007 (Bellevue, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 98007 (Bellevue, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 1775.7313035430172 Infinity Infinity
Dec 2017 1774.8806527266613 -0.05 Infinity
Jan 2018 1782.1516771482284 0.41 Infinity
Feb 2018 1796.1233879550334 0.78 Infinity
Mar 2018 1812.3646221796573 0.90 Infinity
Apr 2018 1810.3946719060202 -0.11 Infinity
May 2018 1803.0588749188732 -0.40 Infinity
Jun 2018 1787.6659563562373 -0.85 Infinity
Jul 2018 1768.7314537281193 -1.06 Infinity
Aug 2018 1753.535128743915 -0.86 Infinity
Sep 2018 1751.1594155459477 -0.13 Infinity
Oct 2018 1758.9943883071344 0.45 Infinity
Nov 2018 1778.6711350820422 1.12 0.17
Dec 2018 1777.7078640641714 -0.05 0.16
Jan 2019 1773.0240238833517 -0.26 -0.51
Feb 2019 1773.8813038326437 0.05 -1.24
Mar 2019 1783.2732272874557 0.53 -1.60
Apr 2019 1794.4912181870131 0.63 -0.88
May 2019 1803.0959372012233 0.48 0.00
Jun 2019 1820.5031067075713 0.97 1.84
Jul 2019 1845.6844736849641 1.38 4.35
Aug 2019 1872.1441877544355 1.43 6.76
Sep 2019 1887.584687016028 0.83 7.79
Oct 2019 1880.2567628935321 -0.39 6.89
Nov 2019 1875.7351045113724 -0.24 5.46
Dec 2019 1893.409965624933 0.94 6.51
Jan 2020 1922.0753968424087 1.51 8.41
Feb 2020 1943.81472111428 1.13 9.58
Mar 2020 1947.9921618082424 0.22 9.24
Apr 2020 1938.1064930150105 -0.51 8.00
May 2020 1917.5763676454533 -1.06 6.35
Jun 2020 1887.0216097651062 -1.59 3.65
Jul 2020 1873.6079235993575 -0.71 1.51
Aug 2020 1867.5041746417087 -0.33 -0.25
Sep 2020 1844.2347510856 -1.25 -2.30
Oct 2020 1842.786599699172 -0.08 -1.99
Nov 2020 1845.4837973595115 0.15 -1.61
Dec 2020 1844.9081704669702 -0.03 -2.56
Jan 2021 1828.491811158936 -0.89 -4.87
Feb 2021 1811.579923733467 -0.92 -6.80
Mar 2021 1795.3919913013951 -0.89 -7.83
Apr 2021 1816.2192119875365 1.16 -6.29
May 2021 1835.5758735706409 1.07 -4.28
Jun 2021 1886.8234155635425 2.79 -0.01
Jul 2021 1926.7056503110002 2.11 2.83
Aug 2021 1985.804004180787 3.07 6.34
Sep 2021 2040.1428657096212 2.74 10.62
Oct 2021 2080.9383879917286 2.00 12.92
Nov 2021 2098.9562519728565 0.87 13.74
Dec 2021 2112.1163142945807 0.63 14.48
Jan 2022 2134.4852982302414 1.06 16.74
Feb 2022 2160.089631824053 1.20 19.24
Mar 2022 2195.3546334880125 1.63 22.28
Apr 2022 2217.5400309925863 1.01 22.10
May 2022 2242.8944997498056 1.14 22.19
Jun 2022 2259.840387613399 0.76 19.77
Jul 2022 2265.705902459188 0.26 17.60
Aug 2022 2257.1897291015243 -0.38 13.67
Sep 2022 2244.259186581004 -0.57 10.01
Oct 2022 2228.340896028867 -0.71 7.08
Nov 2022 2214.2263040321923 -0.63 5.49
Dec 2022 2209.415435695361 -0.22 4.61
Jan 2023 2204.7478966181175 -0.21 3.29
Feb 2023 2211.5929481713097 0.31 2.38
Mar 2023 2220.5119713795266 0.40 1.15
Apr 2023 2223.2349984478537 0.12 0.26
May 2023 2224.4657989969783 0.06 -0.82
Jun 2023 2204.752011390139 -0.89 -2.44
Jul 2023 2194.297413543503 -0.47 -3.15
Aug 2023 2176.92741300838 -0.79 -3.56
Sep 2023 2173.628003245879 -0.15 -3.15
Oct 2023 2193.49110828605 0.91 -1.56
Nov 2023 2214.46059761466 0.96 0.01
Dec 2023 2232.7188059817004 0.82 1.06
Jan 2024 2253.963762843847 0.95 2.23
Feb 2024 2262.7159135757815 0.39 2.31
Mar 2024 2276.3141526818517 0.60 2.51
Apr 2024 2283.075303450635 0.30 2.69
May 2024 2300.3949902312893 0.76 3.41
Jun 2024 2300.619857562316 0.01 4.35
Jul 2024 2308.627562607194 0.35 5.21
Aug 2024 2326.7831565156457 0.79 6.88
Sep 2024 2342.0318013479528 0.66 7.75
Oct 2024 2343.5492095806803 0.07 6.84
Nov 2024 2325.856946916967 -0.75 5.03
Dec 2024 2330.932537202061 0.22 4.40
Jan 2025 2328.1448183481725 -0.12 3.29
Feb 2025 2336.749004603917 0.37 3.27
Mar 2025 2327.0012779348313 -0.42 2.23
Apr 2025 2326.532749049177 -0.02 1.90
May 2025 2317.2844254834804 -0.40 0.73
Jun 2025 2330.7537008748386 0.58 1.31
Jul 2025 2335.2945624496547 0.20 1.16
Aug 2025 2336.551766296112 0.05 0.42
Sep 2025 2332.7208846149374 -0.16 -0.40
Oct 2025 2327.5516183285517 -0.22 -0.68
Nov 2025 2335.288751459232 0.33 0.41
Dec 2025 2324.6309409427713 -0.46 -0.27
Jan 2026 2317.195321420751 -0.32 -0.47
Feb 2026 2304.1244750042 -0.56 -1.40