Zip Code: 98226 (Bellingham, 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 98226 Zip Code (Bellingham, Washington) in February 2026 was $2,029.462. The month over month percentage change (MoM) was -1.06%, and the year over year percentage change (YoY) was 0.70%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 98226 zip code (Bellingham, Washington). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 98226 zip code (Bellingham, 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: 98226 (Bellingham, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 98226 (Bellingham, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 1470.3189749687767 Infinity Infinity
Feb 2021 1482.93496789398 0.86 Infinity
Mar 2021 1485.5566097174942 0.18 Infinity
Apr 2021 1501.976062406567 1.11 Infinity
May 2021 1516.8498833647254 0.99 Infinity
Jun 2021 1557.4062219896925 2.67 Infinity
Jul 2021 1581.638211384607 1.56 Infinity
Aug 2021 1621.9474537776136 2.55 Infinity
Sep 2021 1654.5449199039692 2.01 Infinity
Oct 2021 1674.683224782685 1.22 Infinity
Nov 2021 1755.7247911925065 4.84 Infinity
Dec 2021 1753.8139986651654 -0.11 Infinity
Jan 2022 1791.427529881769 2.15 21.84
Feb 2022 1742.0739471069721 -2.75 17.48
Mar 2022 1772.7127467488704 1.76 19.33
Apr 2022 1820.3878247942432 2.69 21.20
May 2022 1843.1449294784197 1.25 21.51
Jun 2022 1858.4684218298037 0.83 19.33
Jul 2022 1825.4743579530048 -1.77 15.42
Aug 2022 1820.1410862630282 -0.29 12.22
Sep 2022 1830.3312281763535 0.56 10.62
Oct 2022 1855.5769715016963 1.38 10.80
Nov 2022 1859.5033072232072 0.21 5.91
Dec 2022 1874.9082686107793 0.83 6.91
Jan 2023 1858.1297487096854 -0.89 3.72
Feb 2023 1893.4706402076708 1.90 8.69
Mar 2023 1904.6543538596102 0.59 7.44
Apr 2023 1905.1136810516614 0.02 4.65
May 2023 1905.4604738200167 0.02 3.38
Jun 2023 1879.2701278935308 -1.37 1.12
Jul 2023 1913.308035663421 1.81 4.81
Aug 2023 1921.096195055988 0.41 5.55
Sep 2023 1949.077630879491 1.46 6.49
Oct 2023 1944.8995462725488 -0.21 4.81
Nov 2023 1907.2980981640562 -1.93 2.57
Dec 2023 1906.6873886528156 -0.03 1.70
Jan 2024 1931.2827369679032 1.29 3.94
Feb 2024 1950.0280367514508 0.97 2.99
Mar 2024 1947.370537376567 -0.14 2.24
Apr 2024 1937.8231240166049 -0.49 1.72
May 2024 1950.2473475682339 0.64 2.35
Jun 2024 1956.0381487277625 0.30 4.09
Jul 2024 1962.3850184790035 0.32 2.57
Aug 2024 1985.0177157951498 1.15 3.33
Sep 2024 1964.4365996157694 -1.04 0.79
Oct 2024 1963.5147536224424 -0.05 0.96
Nov 2024 1972.0362768740217 0.43 3.39
Dec 2024 2002.5599540115873 1.55 5.03
Jan 2025 2003.045756841617 0.02 3.72
Feb 2025 2015.3656966724263 0.62 3.35
Mar 2025 2023.9190883117703 0.42 3.93
Apr 2025 2037.6902948960637 0.68 5.15
May 2025 2038.5038058859218 0.04 4.53
Jun 2025 2057.0424452338834 0.91 5.16
Jul 2025 2054.4691215763364 -0.12 4.69
Aug 2025 2045.1087148685626 -0.46 3.03
Sep 2025 2054.9066305825704 0.48 4.61
Oct 2025 2061.176483126611 0.31 4.97
Nov 2025 2077.5526554602598 0.80 5.35
Dec 2025 2057.0665436073714 -0.99 2.72
Jan 2026 2051.317204307198 -0.28 2.41
Feb 2026 2029.4615488215488 -1.06 0.70