Zip Code: 98108 (Seattle, 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 98108 Zip Code (Seattle, Washington) in February 2026 was $2,271.963. The month over month percentage change (MoM) was -0.81%, and the year over year percentage change (YoY) was -2.29%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 98108 zip code (Seattle, Washington). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 98108 zip code (Seattle, 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: 98108 (Seattle, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 98108 (Seattle, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 0 NaN NaN
Apr 2019 0 NaN NaN
May 2019 0 NaN NaN
Jun 2019 0 NaN NaN
Jul 2019 0 NaN NaN
Aug 2019 0 NaN NaN
Sep 2019 0 NaN NaN
Oct 2019 0 NaN NaN
Nov 2019 0 NaN NaN
Dec 2019 0 NaN NaN
Jan 2020 0 NaN NaN
Feb 2020 0 NaN NaN
Mar 2020 0 NaN NaN
Apr 2020 0 NaN NaN
May 2020 0 NaN NaN
Jun 2020 0 NaN NaN
Jul 2020 0 NaN NaN
Aug 2020 0 NaN NaN
Sep 2020 0 NaN NaN
Oct 2020 0 NaN NaN
Nov 2020 0 NaN NaN
Dec 2020 0 NaN NaN
Jan 2021 1859.5725866316402 Infinity Infinity
Feb 2021 1824.5522879013986 -1.88 Infinity
Mar 2021 1851.7574184329983 1.49 Infinity
Apr 2021 1846.2516649573504 -0.30 Infinity
May 2021 1893.3538608845547 2.55 Infinity
Jun 2021 1930.466368942076 1.96 Infinity
Jul 2021 1984.6618719249138 2.81 Infinity
Aug 2021 1973.0319291135108 -0.59 Infinity
Sep 2021 2002.0149093010477 1.47 Infinity
Oct 2021 2006.1176923022078 0.21 Infinity
Nov 2021 2038.3761086445795 1.61 Infinity
Dec 2021 2049.2600245794165 0.53 Infinity
Jan 2022 2066.848964457132 0.86 11.15
Feb 2022 2106.2963578454605 1.91 15.44
Mar 2022 2111.7758969319525 0.26 14.04
Apr 2022 2116.369708749982 0.22 14.63
May 2022 2098.814170572669 -0.83 10.85
Jun 2022 2112.489000449905 0.65 9.43
Jul 2022 2081.4871723303427 -1.47 4.88
Aug 2022 2065.2420546148787 -0.78 4.67
Sep 2022 2059.7206160688356 -0.27 2.88
Oct 2022 2074.4649173014495 0.72 3.41
Nov 2022 2105.7416142714 1.51 3.31
Dec 2022 2145.428251610359 1.89 4.69
Jan 2023 2180.4549188203473 1.63 5.50
Feb 2023 2199.6824964178436 0.88 4.43
Mar 2023 2194.327255621862 -0.24 3.91
Apr 2023 2196.338838067452 0.09 3.78
May 2023 2181.063764521079 -0.69 3.92
Jun 2023 2168.1319922346656 -0.59 2.63
Jul 2023 2184.882363470602 0.77 4.97
Aug 2023 2241.0267490790043 2.57 8.51
Sep 2023 2257.3689226904858 0.73 9.60
Oct 2023 2255.0284311327564 -0.10 8.70
Nov 2023 2221.6444399178745 -1.48 5.50
Dec 2023 2210.8245073652242 -0.49 3.05
Jan 2024 2210.3698822027172 -0.02 1.37
Feb 2024 2176.3811892663907 -1.54 -1.06
Mar 2024 2207.087525678157 1.41 0.58
Apr 2024 2208.9553104577994 0.09 0.57
May 2024 2250.577986376403 1.88 3.19
Jun 2024 2247.9071613891842 -0.12 3.68
Jul 2024 2237.2761993861163 -0.47 2.40
Aug 2024 2217.6161061933303 -0.88 -1.04
Sep 2024 2190.505943018448 -1.22 -2.96
Oct 2024 2227.4734047643337 1.69 -1.22
Nov 2024 2230.2490475765862 0.13 0.39
Dec 2024 2282.269531743331 2.33 3.23
Jan 2025 2296.3036014311638 0.62 3.89
Feb 2025 2325.334899847562 1.26 6.84
Mar 2025 2321.5727207994128 -0.16 5.19
Apr 2025 2336.242568909065 0.63 5.76
May 2025 2328.046121188028 -0.35 3.44
Jun 2025 2345.5845736553024 0.75 4.35
Jul 2025 2360.987191853673 0.66 5.53
Aug 2025 2361.0077378208953 0.00 6.47
Sep 2025 2381.0289720268433 0.85 8.70
Oct 2025 2352.458411424023 -1.20 5.61
Nov 2025 2359.822912225873 0.31 5.81
Dec 2025 2313.2403235490056 -1.97 1.36
Jan 2026 2290.524753214549 -0.98 -0.25
Feb 2026 2271.962962962963 -0.81 -2.29