Zip Code: 98406 (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 98406 Zip Code (Tacoma, Washington) in February 2026 was $1,869.111. The month over month percentage change (MoM) was 0.62%, and the year over year percentage change (YoY) was 3.30%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 98406 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 98406 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: 98406 (Tacoma, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 98406 (Tacoma, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 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 1165.196372538513 Infinity Infinity
Jan 2018 1155.729768737547 -0.81 Infinity
Feb 2018 1156.6987313429672 0.08 Infinity
Mar 2018 1159.2574039688427 0.22 Infinity
Apr 2018 1178.3351203930574 1.65 Infinity
May 2018 1192.9900577528063 1.24 Infinity
Jun 2018 1189.8347225158561 -0.26 Infinity
Jul 2018 1192.0296864873435 0.18 Infinity
Aug 2018 1195.1844710558569 0.27 Infinity
Sep 2018 1214.5573661653204 1.62 Infinity
Oct 2018 1214.8149413857154 0.02 Infinity
Nov 2018 1221.919095229192 0.59 Infinity
Dec 2018 1219.45875562601 -0.20 4.66
Jan 2019 1238.988306608374 1.60 7.20
Feb 2019 1238.7406155265899 -0.02 7.09
Mar 2019 1245.7497430619294 0.57 7.46
Apr 2019 1253.7880185532213 0.65 6.40
May 2019 1250.2750359954389 -0.28 4.80
Jun 2019 1264.8251973379383 1.16 6.30
Jul 2019 1266.2220131896433 0.11 6.22
Aug 2019 1291.6324681953333 2.01 8.07
Sep 2019 1292.2149540651205 0.05 6.39
Oct 2019 1310.635384724433 1.43 7.89
Nov 2019 1316.0228494070202 0.41 7.70
Dec 2019 1348.7141084791192 2.48 10.60
Jan 2020 1363.2591641710378 1.08 10.03
Feb 2020 1392.1153252538463 2.12 12.38
Mar 2020 1360.7014168029004 -2.26 9.23
Apr 2020 1371.5975937338426 0.80 9.40
May 2020 1364.9444050417703 -0.48 9.17
Jun 2020 1371.7199809144713 0.50 8.45
Jul 2020 1378.6063729781185 0.50 8.88
Aug 2020 1384.7460513953351 0.45 7.21
Sep 2020 1396.1631054706543 0.82 8.04
Oct 2020 1399.974813854392 0.27 6.82
Nov 2020 1417.4542052032132 1.25 7.71
Dec 2020 1428.6640900169257 0.79 5.93
Jan 2021 1439.6463620673842 0.77 5.60
Feb 2021 1434.6993522405126 -0.34 3.06
Mar 2021 1462.0331143826613 1.91 7.45
Apr 2021 1496.4640433058541 2.36 9.10
May 2021 1547.7600687961885 3.43 13.39
Jun 2021 1549.238895432432 0.10 12.94
Jul 2021 1549.8071670790796 0.04 12.42
Aug 2021 1555.9043331557332 0.39 12.36
Sep 2021 1586.1415539322966 1.94 13.61
Oct 2021 1599.4822914345966 0.84 14.25
Nov 2021 1595.6565300643563 -0.24 12.57
Dec 2021 1590.2826121915562 -0.34 11.31
Jan 2022 1604.4748747453075 0.89 11.45
Feb 2022 1648.452432172081 2.74 14.90
Mar 2022 1654.6828084588278 0.38 13.18
Apr 2022 1644.5117244131834 -0.61 9.89
May 2022 1621.1777395005488 -1.42 4.74
Jun 2022 1643.3252720764856 1.37 6.07
Jul 2022 1660.338176154669 1.03 7.13
Aug 2022 1660.4842468226511 0.01 6.72
Sep 2022 1647.2167753747617 -0.80 3.85
Oct 2022 1655.0143716088603 0.47 3.47
Nov 2022 1672.6683543657057 1.07 4.83
Dec 2022 1691.6057432172502 1.13 6.37
Jan 2023 1693.6741197712836 0.12 5.56
Feb 2023 1680.517196237022 -0.78 1.95
Mar 2023 1663.4638273908827 -1.01 0.53
Apr 2023 1661.4004131920171 -0.12 1.03
May 2023 1665.159485000163 0.23 2.71
Jun 2023 1672.1471692728069 0.42 1.75
Jul 2023 1677.818263567094 0.34 1.05
Aug 2023 1695.3062710976626 1.04 2.10
Sep 2023 1705.642888310892 0.61 3.55
Oct 2023 1705.1418869437048 -0.03 3.03
Nov 2023 1720.81411106304 0.92 2.88
Dec 2023 1714.527584282842 -0.36 1.36
Jan 2024 1731.2528272253483 0.98 2.22
Feb 2024 1712.2646015274397 -1.10 1.89
Mar 2024 1737.7581041052658 1.49 4.47
Apr 2024 1740.0745326617207 0.13 4.74
May 2024 1768.8851162431588 1.66 6.23
Jun 2024 1759.0870506560202 -0.55 5.20
Jul 2024 1773.4418214315297 0.82 5.70
Aug 2024 1762.267389674259 -0.63 3.95
Sep 2024 1764.6816134456087 0.14 3.46
Oct 2024 1757.058249158131 -0.43 3.05
Nov 2024 1764.3283152727984 0.41 2.53
Dec 2024 1783.3445787931673 1.08 4.01
Jan 2025 1793.90462347071 0.59 3.62
Feb 2025 1809.4767597383589 0.87 5.68
Mar 2025 1810.4948941303778 0.06 4.19
Apr 2025 1825.30305600672 0.82 4.90
May 2025 1818.2877462941688 -0.38 2.79
Jun 2025 1831.5220488909447 0.73 4.12
Jul 2025 1827.7736831864847 -0.20 3.06
Aug 2025 1841.0737603143452 0.73 4.47
Sep 2025 1849.7510680704768 0.47 4.82
Oct 2025 1867.7072151718849 0.97 6.30
Nov 2025 1864.195053503855 -0.19 5.66
Dec 2025 1861.9603149801292 -0.12 4.41
Jan 2026 1857.6363654147224 -0.23 3.55
Feb 2026 1869.111111111111 0.62 3.30