Zip Code: 98042 (Covington, 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 98042 Zip Code (Covington, Washington) in February 2026 was $2,309.23. The month over month percentage change (MoM) was -1.47%, and the year over year percentage change (YoY) was 1.93%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 98042 zip code (Covington, Washington). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 98042 zip code (Covington, 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: 98042 (Covington, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 98042 (Covington, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 0 NaN NaN
Apr 2018 0 NaN NaN
May 2018 0 NaN NaN
Jun 2018 0 NaN NaN
Jul 2018 0 NaN NaN
Aug 2018 0 NaN NaN
Sep 2018 0 NaN NaN
Oct 2018 0 NaN NaN
Nov 2018 0 NaN NaN
Dec 2018 0 NaN NaN
Jan 2019 0 NaN NaN
Feb 2019 0 NaN NaN
Mar 2019 1607.6609473576445 Infinity Infinity
Apr 2019 1602.0002368557227 -0.35 Infinity
May 2019 1589.3617186802408 -0.79 Infinity
Jun 2019 1602.8013482532122 0.85 Infinity
Jul 2019 1603.7373943534822 0.06 Infinity
Aug 2019 1622.46924949545 1.17 Infinity
Sep 2019 1618.4097922120682 -0.25 Infinity
Oct 2019 1638.9955608209746 1.27 Infinity
Nov 2019 1635.566873534709 -0.21 Infinity
Dec 2019 1646.3158323295372 0.66 Infinity
Jan 2020 1635.0723180260725 -0.68 Infinity
Feb 2020 1632.7166630116167 -0.14 Infinity
Mar 2020 1643.6020945209812 0.67 2.24
Apr 2020 1663.4289100246697 1.21 3.83
May 2020 1668.428353279086 0.30 4.97
Jun 2020 1654.973000407446 -0.81 3.26
Jul 2020 1648.6709262089003 -0.38 2.80
Aug 2020 1653.3614756212585 0.28 1.90
Sep 2020 1670.8606481434497 1.06 3.24
Oct 2020 1692.8850108634401 1.32 3.29
Nov 2020 1719.1922485179036 1.55 5.11
Dec 2020 1745.3477766260955 1.52 6.02
Jan 2021 1773.4535790497823 1.61 8.46
Feb 2021 1776.9099561464216 0.20 8.83
Mar 2021 1772.1226239139598 -0.27 7.82
Apr 2021 1784.160058400497 0.68 7.26
May 2021 1805.5537518230924 1.20 8.22
Jun 2021 1833.6036696327678 1.55 10.79
Jul 2021 1841.8792065194953 0.45 11.72
Aug 2021 1860.75622175517 1.02 12.54
Sep 2021 1872.789482043143 0.65 12.09
Oct 2021 1871.43042390478 -0.07 10.55
Nov 2021 1897.1292712285897 1.37 10.35
Dec 2021 1897.3617590133117 0.01 8.71
Jan 2022 1915.6022989283522 0.96 8.02
Feb 2022 1937.7529850727103 1.16 9.05
Mar 2022 1972.4604581131925 1.79 11.31
Apr 2022 1986.7414193791742 0.72 11.35
May 2022 1996.664222453025 0.50 10.59
Jun 2022 2022.799633908419 1.31 10.32
Jul 2022 2055.2508205096833 1.60 11.58
Aug 2022 2067.774005576804 0.61 11.13
Sep 2022 2081.172397309155 0.65 11.13
Oct 2022 2104.6697307072045 1.13 12.46
Nov 2022 2102.688403547395 -0.09 10.84
Dec 2022 2116.3110220637914 0.65 11.54
Jan 2023 2105.5029260726287 -0.51 9.91
Feb 2023 2114.0633788672562 0.41 9.10
Mar 2023 2115.2065234135907 0.05 7.24
Apr 2023 2122.4710302232484 0.34 6.83
May 2023 2134.9503970207757 0.59 6.93
Jun 2023 2125.6414612358835 -0.44 5.08
Jul 2023 2129.7464798125084 0.19 3.63
Aug 2023 2122.249492970069 -0.35 2.63
Sep 2023 2120.0779373886294 -0.10 1.87
Oct 2023 2131.8163735963944 0.55 1.29
Nov 2023 2140.95878364108 0.43 1.82
Dec 2023 2156.9724438241255 0.75 1.92
Jan 2024 2155.005004809939 -0.09 2.35
Feb 2024 2155.963486082749 0.04 1.98
Mar 2024 2160.963375654207 0.23 2.16
Apr 2024 2176.7492694159273 0.73 2.56
May 2024 2195.10031267997 0.84 2.82
Jun 2024 2207.4619033957365 0.56 3.85
Jul 2024 2211.0257433746324 0.16 3.82
Aug 2024 2228.175238260157 0.78 4.99
Sep 2024 2238.142332638685 0.45 5.57
Oct 2024 2238.5951047241715 0.02 5.01
Nov 2024 2213.368836438417 -1.13 3.38
Dec 2024 2208.0189301693886 -0.24 2.37
Jan 2025 2210.187833041545 0.10 2.56
Feb 2025 2265.523626448375 2.50 5.08
Mar 2025 2272.2989092148023 0.30 5.15
Apr 2025 2271.5541270231815 -0.03 4.36
May 2025 2266.4050484483637 -0.23 3.25
Jun 2025 2272.3835148294447 0.26 2.94
Jul 2025 2277.4242215168883 0.22 3.00
Aug 2025 2281.2077078773264 0.17 2.38
Sep 2025 2287.650809548395 0.28 2.21
Oct 2025 2292.2192345316043 0.20 2.40
Nov 2025 2321.628177602548 1.28 4.89
Dec 2025 2329.211391893443 0.33 5.49
Jan 2026 2343.5857606262443 0.62 6.04
Feb 2026 2309.2296296296295 -1.47 1.93