Zip Code: 98405 (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 98405 Zip Code (Tacoma, Washington) in February 2026 was $1,684.137. The month over month percentage change (MoM) was -0.38%, and the year over year percentage change (YoY) was 3.43%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 98405 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 98405 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: 98405 (Tacoma, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 98405 (Tacoma, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 787.5862269570201 NaN NaN
Feb 2015 777.4488078203221 -1.29 NaN
Mar 2015 767.4341338063444 -1.29 NaN
Apr 2015 776.5248428975392 1.19 NaN
May 2015 782.5219239325711 0.77 NaN
Jun 2015 796.3147855313903 1.76 NaN
Jul 2015 804.1024986269866 0.98 NaN
Aug 2015 819.027641313797 1.86 NaN
Sep 2015 819.5380807703538 0.06 NaN
Oct 2015 821.4983620936265 0.24 NaN
Nov 2015 824.1420867477145 0.32 NaN
Dec 2015 837.1544925134341 1.58 NaN
Jan 2016 853.0902119645671 1.90 8.32
Feb 2016 853.4754374659758 0.05 9.78
Mar 2016 856.9802527905002 0.41 11.67
Apr 2016 856.5102145978597 -0.05 10.30
May 2016 882.290242829407 3.01 12.75
Jun 2016 878.1830208531735 -0.47 10.28
Jul 2016 895.6751629071753 1.99 11.39
Aug 2016 890.1471613547396 -0.62 8.68
Sep 2016 907.3864110411821 1.94 10.72
Oct 2016 911.594613514721 0.46 10.97
Nov 2016 917.0971466233509 0.60 11.28
Dec 2016 911.821104430478 -0.57 8.92
Jan 2017 904.7288612941524 -0.78 6.05
Feb 2017 928.5583480203766 2.63 8.80
Mar 2017 953.7044270742302 2.71 11.29
Apr 2017 970.8013072059338 1.79 13.34
May 2017 971.6979718883497 0.09 10.13
Jun 2017 985.2792121146211 1.40 12.20
Jul 2017 995.4537025365635 1.03 11.14
Aug 2017 1005.5293894111047 1.01 12.96
Sep 2017 1005.9527647557865 0.04 10.86
Oct 2017 1015.3628019693964 0.94 11.38
Nov 2017 1026.5706846134726 1.10 11.94
Dec 2017 1032.2958366694838 0.56 13.21
Jan 2018 1048.0516051059326 1.53 15.84
Feb 2018 1056.6534261661056 0.82 13.80
Mar 2018 1067.0318877347122 0.98 11.88
Apr 2018 1061.0791768341421 -0.56 9.30
May 2018 1055.7140824960327 -0.51 8.65
Jun 2018 1054.9933971697649 -0.07 7.08
Jul 2018 1065.4395649442415 0.99 7.03
Aug 2018 1073.403872414491 0.75 6.75
Sep 2018 1102.0815635005656 2.67 9.56
Oct 2018 1111.0194961025027 0.81 9.42
Nov 2018 1114.6892501544273 0.33 8.58
Dec 2018 1104.09648336102 -0.95 6.96
Jan 2019 1106.0061370100027 0.17 5.53
Feb 2019 1103.7961309078507 -0.20 4.46
Mar 2019 1098.2088640680354 -0.51 2.92
Apr 2019 1110.5786592390975 1.13 4.67
May 2019 1125.6218846840534 1.36 6.62
Jun 2019 1137.830132427951 1.09 7.85
Jul 2019 1138.5558060091325 0.06 6.86
Aug 2019 1147.07983291381 0.75 6.86
Sep 2019 1139.8556544669505 -0.63 3.43
Oct 2019 1147.253988114054 0.65 3.26
Nov 2019 1158.2674025457256 0.96 3.91
Dec 2019 1186.25517905897 2.42 7.44
Jan 2020 1200.948376293811 1.24 8.58
Feb 2020 1216.7494093485855 1.32 10.23
Mar 2020 1213.4117532793186 -0.27 10.49
Apr 2020 1207.8581353072393 -0.46 8.76
May 2020 1201.415900223558 -0.53 6.73
Jun 2020 1207.5249465902539 0.51 6.13
Jul 2020 1214.2936784273556 0.56 6.65
Aug 2020 1227.2929747242067 1.07 6.99
Sep 2020 1242.1104245197052 1.21 8.97
Oct 2020 1260.9644659130472 1.52 9.91
Nov 2020 1264.7736915355465 0.30 9.20
Dec 2020 1274.5190405047786 0.77 7.44
Jan 2021 1281.0004147386076 0.51 6.67
Feb 2021 1303.1279860944815 1.73 7.10
Mar 2021 1314.075300870433 0.84 8.30
Apr 2021 1321.6374221513677 0.57 9.42
May 2021 1329.125370302311 0.57 10.63
Jun 2021 1331.8127405317578 0.20 10.29
Jul 2021 1363.0675865728772 2.35 12.25
Aug 2021 1387.0758561274106 1.76 13.02
Sep 2021 1426.0237700758905 2.81 14.81
Oct 2021 1415.1476420239321 -0.76 12.23
Nov 2021 1434.0761473108653 1.34 13.39
Dec 2021 1440.5541526545471 0.45 13.03
Jan 2022 1456.1962897174355 1.09 13.68
Feb 2022 1458.1191696876524 0.13 11.89
Mar 2022 1466.2244592520874 0.56 11.58
Apr 2022 1494.2464034539496 1.91 13.06
May 2022 1505.0600231170067 0.72 13.24
Jun 2022 1511.8949189162433 0.45 13.52
Jul 2022 1505.731527976748 -0.41 10.47
Aug 2022 1503.487813155444 -0.15 8.39
Sep 2022 1475.8867956504762 -1.84 3.50
Oct 2022 1486.7434892162266 0.74 5.06
Nov 2022 1486.6123363262577 -0.01 3.66
Dec 2022 1498.6477423908782 0.81 4.03
Jan 2023 1497.550189327798 -0.07 2.84
Feb 2023 1494.2528899430986 -0.22 2.48
Mar 2023 1502.4311405757505 0.55 2.47
Apr 2023 1513.253663704788 0.72 1.27
May 2023 1516.7513209186636 0.23 0.78
Jun 2023 1522.4512020718466 0.38 0.70
Jul 2023 1521.1426568201268 -0.09 1.02
Aug 2023 1533.9153034044516 0.84 2.02
Sep 2023 1550.1743951432495 1.06 5.03
Oct 2023 1557.6722751143416 0.48 4.77
Nov 2023 1560.8367871421415 0.20 4.99
Dec 2023 1571.3277602057815 0.67 4.85
Jan 2024 1574.9987961445825 0.23 5.17
Feb 2024 1591.2701632975447 1.03 6.49
Mar 2024 1590.2276989003049 -0.07 5.84
Apr 2024 1585.941049215234 -0.27 4.80
May 2024 1591.0159574221839 0.32 4.90
Jun 2024 1578.70753013927 -0.77 3.70
Jul 2024 1594.0342614938095 0.97 4.79
Aug 2024 1580.5085651328795 -0.85 3.04
Sep 2024 1602.594703325363 1.40 3.38
Oct 2024 1601.608724332917 -0.06 2.82
Nov 2024 1610.197177297541 0.54 3.16
Dec 2024 1601.8279452238346 -0.52 1.94
Jan 2025 1617.3951789539633 0.97 2.69
Feb 2025 1628.370226110347 0.68 2.33
Mar 2025 1637.7911054521387 0.58 2.99
Apr 2025 1643.820504479793 0.37 3.65
May 2025 1649.3804399510425 0.34 3.67
Jun 2025 1667.868560195564 1.12 5.65
Jul 2025 1669.7333438671903 0.11 4.75
Aug 2025 1686.1107916869057 0.98 6.68
Sep 2025 1677.0127245373958 -0.54 4.64
Oct 2025 1683.5555588728016 0.39 5.12
Nov 2025 1685.72206638609 0.13 4.69
Dec 2025 1694.8630496524158 0.54 5.81
Jan 2026 1690.5879119061867 -0.25 4.53
Feb 2026 1684.1371177841766 -0.38 3.43