Zip Code: 98403 (Tacoma, 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 98403 Zip Code (Tacoma, Washington) in February 2026 was $1,605.383. The month over month percentage change (MoM) was -0.77%, and the year over year percentage change (YoY) was 0.95%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 98403 zip code (Tacoma, Washington). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 98403 zip code (Tacoma, 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: 98403 (Tacoma, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 98403 (Tacoma, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 972.8590019019259 Infinity Infinity
Oct 2016 988.0725649541624 1.56 Infinity
Nov 2016 1001.1582771099988 1.32 Infinity
Dec 2016 1015.1485335050606 1.40 Infinity
Jan 2017 1022.3903212417162 0.71 Infinity
Feb 2017 1032.659675355951 1.00 Infinity
Mar 2017 1026.7402240215547 -0.57 Infinity
Apr 2017 1028.2621079795945 0.15 Infinity
May 2017 1037.689612367058 0.92 Infinity
Jun 2017 1064.4043484337321 2.57 Infinity
Jul 2017 1067.999180805858 0.34 Infinity
Aug 2017 1073.1484531127408 0.48 Infinity
Sep 2017 1079.7342516583685 0.61 10.99
Oct 2017 1081.3826963778013 0.15 9.44
Nov 2017 1098.3837188077082 1.57 9.71
Dec 2017 1100.5955157802332 0.20 8.42
Jan 2018 1122.1523993090325 1.96 9.76
Feb 2018 1119.8075945057462 -0.21 8.44
Mar 2018 1134.661590599429 1.33 10.51
Apr 2018 1156.6280369576039 1.94 12.48
May 2018 1158.6679834906624 0.18 11.66
Jun 2018 1174.832219333363 1.40 10.38
Jul 2018 1177.1727502116084 0.20 10.22
Aug 2018 1189.8549270552066 1.08 10.88
Sep 2018 1175.5535897087402 -1.20 8.87
Oct 2018 1175.4105099254089 -0.01 8.70
Nov 2018 1171.64513920741 -0.32 6.67
Dec 2018 1183.1020707363243 0.98 7.50
Jan 2019 1185.313950201351 0.19 5.63
Feb 2019 1196.4399463664902 0.94 6.84
Mar 2019 1198.1557462411283 0.14 5.60
Apr 2019 1193.3146937345355 -0.40 3.17
May 2019 1202.0987481358632 0.74 3.75
Jun 2019 1196.9511491324097 -0.43 1.88
Jul 2019 1207.8523464279046 0.91 2.61
Aug 2019 1208.2540707719834 0.03 1.55
Sep 2019 1227.1052418516865 1.56 4.39
Oct 2019 1237.7662990886142 0.87 5.31
Nov 2019 1244.1059240943769 0.51 6.19
Dec 2019 1245.1286628434705 0.08 5.24
Jan 2020 1245.2012455551826 0.01 5.05
Feb 2020 1249.7038626021856 0.36 4.45
Mar 2020 1275.648409172744 2.08 6.47
Apr 2020 1269.787512425879 -0.46 6.41
May 2020 1266.5070116599243 -0.26 5.36
Jun 2020 1269.068830137298 0.20 6.03
Jul 2020 1276.0084149059783 0.55 5.64
Aug 2020 1287.2904140320743 0.88 6.54
Sep 2020 1281.4088685243323 -0.46 4.43
Oct 2020 1280.6642601781534 -0.06 3.47
Nov 2020 1279.0066010603339 -0.13 2.81
Dec 2020 1290.1335179137832 0.87 3.61
Jan 2021 1300.695912740587 0.82 4.46
Feb 2021 1321.1282900672413 1.57 5.72
Mar 2021 1322.2924618011186 0.09 3.66
Apr 2021 1348.251368152064 1.96 6.18
May 2021 1349.9756161652665 0.13 6.59
Jun 2021 1363.3258558224568 0.99 7.43
Jul 2021 1361.159530730715 -0.16 6.67
Aug 2021 1370.6080971048323 0.69 6.47
Sep 2021 1403.3695958858796 2.39 9.52
Oct 2021 1424.4135952557972 1.50 11.23
Nov 2021 1446.7174328114968 1.57 13.11
Dec 2021 1433.7860477915224 -0.89 11.14
Jan 2022 1436.4966778426497 0.19 10.44
Feb 2022 1430.5234390325668 -0.42 8.28
Mar 2022 1448.595534122894 1.26 9.55
Apr 2022 1452.4861507047854 0.27 7.73
May 2022 1469.5753475214633 1.18 8.86
Jun 2022 1474.4933731022234 0.34 8.15
Jul 2022 1483.9090218626575 0.64 9.02
Aug 2022 1480.0189960865966 -0.26 7.98
Sep 2022 1471.232417188929 -0.59 4.84
Oct 2022 1465.3429155951706 -0.40 2.87
Nov 2022 1469.8848349634843 0.31 1.60
Dec 2022 1488.133180382367 1.24 3.79
Jan 2023 1487.764633338299 -0.02 3.57
Feb 2023 1486.9280480817877 -0.06 3.94
Mar 2023 1489.21180969891 0.15 2.80
Apr 2023 1500.1855181860308 0.74 3.28
May 2023 1507.7688820424844 0.51 2.60
Jun 2023 1489.7829236051723 -1.19 1.04
Jul 2023 1500.925827168643 0.75 1.15
Aug 2023 1497.5695651206338 -0.22 1.19
Sep 2023 1504.9617168319726 0.49 2.29
Oct 2023 1510.1915641448245 0.35 3.06
Nov 2023 1521.7938843074119 0.77 3.53
Dec 2023 1530.6368106773846 0.58 2.86
Jan 2024 1527.7173526492065 -0.19 2.69
Feb 2024 1540.1117641974931 0.81 3.58
Mar 2024 1549.0479142594324 0.58 4.02
Apr 2024 1560.3818464009153 0.73 4.01
May 2024 1556.8870527319084 -0.22 3.26
Jun 2024 1568.4429646843203 0.74 5.28
Jul 2024 1570.4353486688476 0.13 4.63
Aug 2024 1580.4851817743213 0.64 5.54
Sep 2024 1570.2409397563338 -0.65 4.34
Oct 2024 1564.9327757022809 -0.34 3.63
Nov 2024 1547.6398242325156 -1.10 1.70
Dec 2024 1562.1588733104586 0.94 2.06
Jan 2025 1575.0176301151735 0.82 3.10
Feb 2025 1590.2495828134906 0.97 3.26
Mar 2025 1589.0146126125658 -0.08 2.58
Apr 2025 1583.6385330865521 -0.34 1.49
May 2025 1588.7736582155944 0.32 2.05
Jun 2025 1596.622820641283 0.49 1.80
Jul 2025 1596.5169007318432 -0.01 1.66
Aug 2025 1599.331157329734 0.18 1.19
Sep 2025 1611.9521456931088 0.79 2.66
Oct 2025 1621.257669876303 0.58 3.60
Nov 2025 1634.0083972332634 0.79 5.58
Dec 2025 1620.8366690007472 -0.81 3.76
Jan 2026 1617.785164685189 -0.19 2.72
Feb 2026 1605.3833333333332 -0.77 0.95