Zip Code: 98407 (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 98407 Zip Code (Tacoma, Washington) in February 2026 was $1,973.456. The month over month percentage change (MoM) was 0.70%, and the year over year percentage change (YoY) was 7.00%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 98407 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 98407 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: 98407 (Tacoma, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 98407 (Tacoma, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 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 1358.2378930100956 Infinity Infinity
Mar 2020 1422.8121794015005 4.75 Infinity
Apr 2020 1397.4373967566 -1.78 Infinity
May 2020 1391.5606888396987 -0.42 Infinity
Jun 2020 1402.615230039334 0.79 Infinity
Jul 2020 1428.2848399848813 1.83 Infinity
Aug 2020 1437.0061446487425 0.61 Infinity
Sep 2020 1460.4178142333399 1.63 Infinity
Oct 2020 1460.362626001024 0.00 Infinity
Nov 2020 1503.113784528124 2.93 Infinity
Dec 2020 1519.6491671744507 1.10 Infinity
Jan 2021 1517.888056227475 -0.12 Infinity
Feb 2021 1509.9645962095383 -0.52 11.17
Mar 2021 1525.3795909369344 1.02 7.21
Apr 2021 1564.338867939487 2.55 11.94
May 2021 1577.9367017199597 0.87 13.39
Jun 2021 1597.522540664453 1.24 13.90
Jul 2021 1619.6144780073087 1.38 13.40
Aug 2021 1673.8031440953469 3.35 16.48
Sep 2021 1686.3399947083033 0.75 15.47
Oct 2021 1702.9963203587035 0.99 16.61
Nov 2021 1680.095339478893 -1.34 11.77
Dec 2021 1680.13960201566 0.00 10.56
Jan 2022 1673.7175596220916 -0.38 10.27
Feb 2022 1682.1657489890902 0.51 11.40
Mar 2022 1688.8676548949288 0.40 10.72
Apr 2022 1713.120919669558 1.44 9.51
May 2022 1760.6710792066372 2.78 11.58
Jun 2022 1793.7368896269377 1.88 12.28
Jul 2022 1796.4035648071983 0.15 10.92
Aug 2022 1776.1624036105143 -1.13 6.12
Sep 2022 1762.2030288219394 -0.79 4.50
Oct 2022 1771.016976556806 0.50 3.99
Nov 2022 1774.7348292633772 0.21 5.63
Dec 2022 1776.8741733111037 0.12 5.76
Jan 2023 1788.9722673463316 0.68 6.89
Feb 2023 1799.467535714208 0.59 6.97
Mar 2023 1815.3093389683943 0.88 7.49
Apr 2023 1789.22394903442 -1.44 4.44
May 2023 1769.4947482600173 -1.10 0.50
Jun 2023 1760.2708601483619 -0.52 -1.87
Jul 2023 1775.7149213127477 0.88 -1.15
Aug 2023 1770.8626472186677 -0.27 -0.30
Sep 2023 1777.4347144714482 0.37 0.86
Oct 2023 1782.2763262413239 0.27 0.64
Nov 2023 1808.2640599774254 1.46 1.89
Dec 2023 1825.331602468007 0.94 2.73
Jan 2024 1838.837598603908 0.74 2.79
Feb 2024 1855.1018458384926 0.88 3.09
Mar 2024 1848.6048159225772 -0.35 1.83
Apr 2024 1863.5587421996038 0.81 4.16
May 2024 1857.871056865259 -0.30 4.99
Jun 2024 1855.0273115895054 -0.15 5.38
Jul 2024 1839.960840395093 -0.81 3.62
Aug 2024 1834.7937283429376 -0.28 3.61
Sep 2024 1851.6296059583583 0.92 4.17
Oct 2024 1857.7902207233226 0.33 4.24
Nov 2024 1853.504302815781 -0.23 2.50
Dec 2024 1846.153463689882 -0.40 1.14
Jan 2025 1850.6967671920145 0.25 0.65
Feb 2025 1844.4397563727782 -0.34 -0.57
Mar 2025 1852.5570777359615 0.44 0.21
Apr 2025 1860.101703429127 0.41 -0.19
May 2025 1876.746721812142 0.90 1.02
Jun 2025 1889.665982814416 0.69 1.87
Jul 2025 1906.0132922496473 0.87 3.59
Aug 2025 1928.8210828003582 1.20 5.13
Sep 2025 1929.2092103642842 0.02 4.19
Oct 2025 1934.6406399794448 0.28 4.14
Nov 2025 1940.76678859907 0.32 4.71
Dec 2025 1954.4971580004044 0.71 5.87
Jan 2026 1959.818978925388 0.27 5.90
Feb 2026 1973.4563492063492 0.70 7.00