Zip Code: 98115 (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 98115 Zip Code (Seattle, Washington) in February 2026 was $2,124.706. The month over month percentage change (MoM) was 0.18%, and the year over year percentage change (YoY) was 1.35%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 98115 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 98115 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: 98115 (Seattle, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 98115 (Seattle, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 0 NaN NaN
Feb 2015 1431.0991749771888 Infinity NaN
Mar 2015 1442.7612419735563 0.82 NaN
Apr 2015 1449.2975705563156 0.45 NaN
May 2015 1451.9100217001026 0.18 NaN
Jun 2015 1454.426967960503 0.17 NaN
Jul 2015 1453.3969102183062 -0.07 NaN
Aug 2015 1456.4687818826121 0.21 NaN
Sep 2015 1467.5600955136038 0.76 NaN
Oct 2015 1496.2191799059913 1.95 NaN
Nov 2015 1511.4176887097126 1.02 NaN
Dec 2015 1501.8964293957692 -0.63 NaN
Jan 2016 1493.9491120749174 -0.53 Infinity
Feb 2016 1504.6035026042978 0.71 5.14
Mar 2016 1507.060233706189 0.16 4.46
Apr 2016 1501.6101122104853 -0.36 3.61
May 2016 1508.741348245146 0.48 3.91
Jun 2016 1535.576940229688 1.78 5.58
Jul 2016 1569.1754107197355 2.19 7.97
Aug 2016 1584.8886617949875 1.00 8.82
Sep 2016 1592.4189823670256 0.48 8.51
Oct 2016 1597.258727168004 0.30 6.75
Nov 2016 1615.7738182738335 1.16 6.91
Dec 2016 1618.280898354182 0.16 7.75
Jan 2017 1616.4282476393862 -0.11 8.20
Feb 2017 1626.8047798525233 0.64 8.12
Mar 2017 1647.7191868057623 1.29 9.33
Apr 2017 1661.2207443637585 0.82 10.63
May 2017 1646.649777340485 -0.88 9.14
Jun 2017 1644.7944861681553 -0.11 7.11
Jul 2017 1640.1304553250784 -0.28 4.52
Aug 2017 1651.7125971908738 0.71 4.22
Sep 2017 1660.7746991001673 0.55 4.29
Oct 2017 1661.4733697154973 0.04 4.02
Nov 2017 1653.3554581063431 -0.49 2.33
Dec 2017 1660.4920828935037 0.43 2.61
Jan 2018 1673.5486064296679 0.79 3.53
Feb 2018 1672.8185268830698 -0.04 2.83
Mar 2018 1674.3849356994867 0.09 1.62
Apr 2018 1681.051251264893 0.40 1.19
May 2018 1699.0382780945868 1.07 3.18
Jun 2018 1699.482855910169 0.03 3.33
Jul 2018 1700.4692867966078 0.06 3.68
Aug 2018 1697.9873856620102 -0.15 2.80
Sep 2018 1696.7381761208549 -0.07 2.17
Oct 2018 1701.3850570882573 0.27 2.40
Nov 2018 1706.5563816751946 0.30 3.22
Dec 2018 1707.0236773229 0.03 2.80
Jan 2019 1710.906732272026 0.23 2.23
Feb 2019 1711.1386302167853 0.01 2.29
Mar 2019 1710.487310516749 -0.04 2.16
Apr 2019 1711.9327999882148 0.09 1.84
May 2019 1716.2270154262649 0.25 1.01
Jun 2019 1724.3463822311278 0.47 1.46
Jul 2019 1732.9239109269186 0.50 1.91
Aug 2019 1740.4903395984597 0.44 2.50
Sep 2019 1750.788324320751 0.59 3.19
Oct 2019 1761.5665381369852 0.62 3.54
Nov 2019 1774.8111388057537 0.75 4.00
Dec 2019 1789.2508510216962 0.81 4.82
Jan 2020 1800.2046323229827 0.61 5.22
Feb 2020 1819.180092136966 1.05 6.31
Mar 2020 1799.9035791802517 -1.06 5.23
Apr 2020 1791.9851567628666 -0.44 4.68
May 2020 1780.430381867043 -0.64 3.74
Jun 2020 1777.2810016335961 -0.18 3.07
Jul 2020 1772.3063314715912 -0.28 2.27
Aug 2020 1759.654739247806 -0.71 1.10
Sep 2020 1740.6630470472314 -1.08 -0.58
Oct 2020 1723.45667377002 -0.99 -2.16
Nov 2020 1701.7469670100984 -1.26 -4.12
Dec 2020 1690.0070217500697 -0.69 -5.55
Jan 2021 1686.0469340903492 -0.23 -6.34
Feb 2021 1703.3338933459545 1.02 -6.37
Mar 2021 1717.2462879931347 0.82 -4.59
Apr 2021 1727.079614981802 0.57 -3.62
May 2021 1737.8022561432276 0.62 -2.39
Jun 2021 1762.2734949124222 1.41 -0.84
Jul 2021 1791.369067681871 1.65 1.08
Aug 2021 1834.4267174274185 2.40 4.25
Sep 2021 1863.0165955315124 1.56 7.03
Oct 2021 1887.726204851537 1.33 9.53
Nov 2021 1907.649634286615 1.06 12.10
Dec 2021 1923.3804630250831 0.83 13.81
Jan 2022 1936.4678111821322 0.68 14.85
Feb 2022 1939.9157113853385 0.18 13.89
Mar 2022 1958.4069390458003 0.95 14.04
Apr 2022 1979.4300390477406 1.07 14.61
May 2022 1996.7164691444332 0.87 14.90
Jun 2022 2003.347905591382 0.33 13.68
Jul 2022 2003.5664237690837 0.01 11.85
Aug 2022 1997.713558166774 -0.29 8.90
Sep 2022 2005.2625486644024 0.38 7.64
Oct 2022 2016.8443236719827 0.58 6.84
Nov 2022 2022.7850240114922 0.30 6.04
Dec 2022 2026.646556148233 0.19 5.37
Jan 2023 2023.4480786705817 -0.16 4.49
Feb 2023 2026.8593243419207 0.17 4.48
Mar 2023 2020.0387411847166 -0.34 3.15
Apr 2023 2016.8414211542563 -0.16 1.89
May 2023 2019.034829677481 0.11 1.12
Jun 2023 2018.6082107157172 -0.02 0.76
Jul 2023 2027.4287544774215 0.44 1.19
Aug 2023 2035.363382726768 0.39 1.89
Sep 2023 2050.337553788878 0.74 2.25
Oct 2023 2040.4086314600734 -0.48 1.17
Nov 2023 2044.4918285407236 0.20 1.07
Dec 2023 2039.0192853585827 -0.27 0.61
Jan 2024 2054.89491890644 0.78 1.55
Feb 2024 2057.658586546542 0.13 1.52
Mar 2024 2062.592390201427 0.24 2.11
Apr 2024 2063.2324162929663 0.03 2.30
May 2024 2061.1704402223245 -0.10 2.09
Jun 2024 2064.8172778947705 0.18 2.29
Jul 2024 2069.6267128800246 0.23 2.08
Aug 2024 2075.3298630445024 0.28 1.96
Sep 2024 2066.4426868878363 -0.43 0.79
Oct 2024 2087.9343009643126 1.04 2.33
Nov 2024 2086.899369921712 -0.05 2.07
Dec 2024 2101.148864249063 0.68 3.05
Jan 2025 2096.2616927344575 -0.23 2.01
Feb 2025 2096.380642215199 0.01 1.88
Mar 2025 2102.250982238911 0.28 1.92
Apr 2025 2108.697869078551 0.31 2.20
May 2025 2114.8231572045233 0.29 2.60
Jun 2025 2119.2009877247783 0.21 2.63
Jul 2025 2118.963643301488 -0.01 2.38
Aug 2025 2118.9234798775583 0.00 2.10
Sep 2025 2124.0362626129304 0.24 2.79
Oct 2025 2116.7797913089794 -0.34 1.38
Nov 2025 2120.9368374222354 0.20 1.63
Dec 2025 2118.2524842610296 -0.13 0.81
Jan 2026 2120.9036431699046 0.13 1.18
Feb 2026 2124.7059748427673 0.18 1.35