Zip Code: 98112 (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 98112 Zip Code (Seattle, Washington) in February 2026 was $2,180.444. The month over month percentage change (MoM) was 1.04%, and the year over year percentage change (YoY) was 2.68%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 98112 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 98112 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: 98112 (Seattle, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 98112 (Seattle, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 1787.1701108435516 Infinity Infinity
Feb 2019 1788.7040512539359 0.09 Infinity
Mar 2019 1800.741319070168 0.67 Infinity
Apr 2019 1796.2041576579447 -0.25 Infinity
May 2019 1800.264167022234 0.23 Infinity
Jun 2019 1803.5169836968903 0.18 Infinity
Jul 2019 1821.5364416277637 1.00 Infinity
Aug 2019 1813.0817203091353 -0.46 Infinity
Sep 2019 1805.3376689125487 -0.43 Infinity
Oct 2019 1801.0786032287333 -0.24 Infinity
Nov 2019 1808.927155496407 0.44 Infinity
Dec 2019 1828.7902720167026 1.10 Infinity
Jan 2020 1856.5909708069958 1.52 3.88
Feb 2020 1872.9276986549469 0.88 4.71
Mar 2020 1892.4104304194973 1.04 5.09
Apr 2020 1867.2383231226647 -1.33 3.96
May 2020 1855.9027063881383 -0.61 3.09
Jun 2020 1837.2000010959287 -1.01 1.87
Jul 2020 1840.449471856305 0.18 1.04
Aug 2020 1824.2261466071484 -0.88 0.62
Sep 2020 1826.9801196048893 0.15 1.20
Oct 2020 1789.1907469172268 -2.07 -0.66
Nov 2020 1752.7378811539352 -2.04 -3.11
Dec 2020 1716.3018371846294 -2.08 -6.15
Jan 2021 1707.3466358851226 -0.52 -8.04
Feb 2021 1715.175071026692 0.46 -8.42
Mar 2021 1733.715530312733 1.08 -8.39
Apr 2021 1767.032779822973 1.92 -5.37
May 2021 1797.907269909845 1.75 -3.12
Jun 2021 1815.7287949352449 0.99 -1.17
Jul 2021 1828.8500993935027 0.72 -0.63
Aug 2021 1864.1004396192748 1.93 2.19
Sep 2021 1891.8014799470172 1.49 3.55
Oct 2021 1949.0967189655028 3.03 8.94
Nov 2021 1976.8263492960914 1.42 12.79
Dec 2021 2004.2479959486873 1.39 16.78
Jan 2022 2019.927686665208 0.78 18.31
Feb 2022 2032.1576212629056 0.61 18.48
Mar 2022 2006.5441891684586 -1.26 15.74
Apr 2022 1977.324990684541 -1.46 11.90
May 2022 1969.3951674440088 -0.40 9.54
Jun 2022 1993.012579898439 1.20 9.76
Jul 2022 2005.7984872861507 0.64 9.68
Aug 2022 2007.5992232852282 0.09 7.70
Sep 2022 2021.2112815698438 0.68 6.84
Oct 2022 2014.2164650151053 -0.35 3.34
Nov 2022 2020.3652867547917 0.31 2.20
Dec 2022 2013.9967081902655 -0.31 0.49
Jan 2023 2025.4697512379664 0.57 0.27
Feb 2023 2023.3240630684422 -0.11 -0.43
Mar 2023 2032.702845921134 0.46 1.30
Apr 2023 2035.148309712151 0.12 2.92
May 2023 2035.948918039784 0.04 3.38
Jun 2023 2029.217885987928 -0.33 1.82
Jul 2023 2033.9920564102265 0.24 1.41
Aug 2023 2037.9945210474066 0.20 1.51
Sep 2023 2036.1339047163726 -0.09 0.74
Oct 2023 2028.3212805013534 -0.38 0.70
Nov 2023 2044.0166605882405 0.77 1.17
Dec 2023 2063.36299204165 0.95 2.45
Jan 2024 2051.6976452309427 -0.56 1.30
Feb 2024 2037.2443508765903 -0.70 0.69
Mar 2024 2039.0417462776913 0.09 0.31
Apr 2024 2072.914901813244 1.66 1.86
May 2024 2088.484853601842 0.75 2.58
Jun 2024 2091.4786793193584 0.14 3.07
Jul 2024 2083.6687394711334 -0.37 2.44
Aug 2024 2084.7879968425655 0.05 2.30
Sep 2024 2084.0980884001597 -0.03 2.36
Oct 2024 2088.9916869623066 0.24 2.99
Nov 2024 2101.5072967277592 0.60 2.81
Dec 2024 2114.380475919069 0.61 2.47
Jan 2025 2127.5588565041376 0.62 3.70
Feb 2025 2123.644918902861 -0.18 4.24
Mar 2025 2133.8254228397186 0.48 4.65
Apr 2025 2122.087689915315 -0.55 2.37
May 2025 2121.492951412933 -0.03 1.58
Jun 2025 2128.167532222251 0.32 1.75
Jul 2025 2140.0113925196683 0.56 2.70
Aug 2025 2147.1080212949205 0.33 2.99
Sep 2025 2156.633394874481 0.44 3.48
Oct 2025 2168.054907859793 0.53 3.79
Nov 2025 2160.3127112021534 -0.36 2.80
Dec 2025 2153.2136573189587 -0.33 1.84
Jan 2026 2158.058550271627 0.23 1.43
Feb 2026 2180.4440836940835 1.04 2.68