Zip Code: 99223 (Spokane, 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 99223 Zip Code (Spokane, Washington) in February 2026 was $1,739.55. The month over month percentage change (MoM) was -0.07%, and the year over year percentage change (YoY) was -0.04%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 99223 zip code (Spokane, Washington). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 99223 zip code (Spokane, 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: 99223 (Spokane, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 99223 (Spokane, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) 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 1243.7997545175942 Infinity Infinity
Feb 2020 1250.494702036388 0.54 Infinity
Mar 2020 1247.8626457496612 -0.21 Infinity
Apr 2020 1238.7117956223678 -0.73 Infinity
May 2020 1217.468645440319 -1.71 Infinity
Jun 2020 1196.2368374521006 -1.74 Infinity
Jul 2020 1202.046037267766 0.49 Infinity
Aug 2020 1216.9117527712478 1.24 Infinity
Sep 2020 1243.730033219126 2.20 Infinity
Oct 2020 1281.6907026562037 3.05 Infinity
Nov 2020 1304.8007163246884 1.80 Infinity
Dec 2020 1330.265662269605 1.95 Infinity
Jan 2021 1348.2851104550127 1.36 8.40
Feb 2021 1374.4630584798722 1.94 9.91
Mar 2021 1396.0222789410955 1.57 11.87
Apr 2021 1449.3962906155314 3.82 17.01
May 2021 1550.8869354678752 7.00 27.39
Jun 2021 1648.3341088972704 6.28 37.79
Jul 2021 1691.7704988332619 2.64 40.74
Aug 2021 1700.558476467532 0.52 39.74
Sep 2021 1685.8849246788548 -0.86 35.55
Oct 2021 1664.7270749837185 -1.25 29.89
Nov 2021 1627.0583097951487 -2.26 24.70
Dec 2021 1628.804729823525 0.11 22.44
Jan 2022 1640.639309325004 0.73 21.68
Feb 2022 1665.4421079884619 1.51 21.17
Mar 2022 1678.93542027905 0.81 20.27
Apr 2022 1674.0722043188277 -0.29 15.50
May 2022 1655.0471779475606 -1.14 6.72
Jun 2022 1629.7582406020815 -1.53 -1.13
Jul 2022 1631.1551304972736 0.09 -3.58
Aug 2022 1640.1954461643163 0.55 -3.55
Sep 2022 1656.980225937138 1.02 -1.71
Oct 2022 1673.947437594608 1.02 0.55
Nov 2022 1721.0570220596226 2.81 5.78
Dec 2022 1736.6018332357307 0.90 6.62
Jan 2023 1732.6485970602566 -0.23 5.61
Feb 2023 1720.5745351045598 -0.70 3.31
Mar 2023 1699.8554006604595 -1.20 1.25
Apr 2023 1709.3567172109726 0.56 2.11
May 2023 1705.1758416180999 -0.24 3.03
Jun 2023 1722.9611953099609 1.04 5.72
Jul 2023 1720.9739155318116 -0.11 5.51
Aug 2023 1695.996675949129 -1.45 3.40
Sep 2023 1701.4842063926317 0.32 2.69
Oct 2023 1694.195615309044 -0.43 1.21
Nov 2023 1700.8369947386018 0.39 -1.17
Dec 2023 1676.1251458932697 -1.45 -3.48
Jan 2024 1692.1774565949709 0.96 -2.34
Feb 2024 1707.9397096533348 0.93 -0.73
Mar 2024 1738.2243270979304 1.77 2.26
Apr 2024 1725.7652618852735 -0.72 0.96
May 2024 1688.048256359716 -2.19 -1.00
Jun 2024 1685.1173263587102 -0.17 -2.20
Jul 2024 1708.6152552324259 1.39 -0.72
Aug 2024 1772.3808069960592 3.73 4.50
Sep 2024 1765.194606853253 -0.40 3.74
Oct 2024 1763.018995948529 -0.12 4.06
Nov 2024 1729.855393122506 -1.88 1.71
Dec 2024 1738.5267268265964 0.50 3.72
Jan 2025 1744.706670920687 0.36 3.10
Feb 2025 1740.2409157817326 -0.26 1.89
Mar 2025 1729.3044146842706 -0.63 -0.51
Apr 2025 1738.7027544642976 0.54 0.75
May 2025 1774.6975938638475 2.07 5.13
Jun 2025 1775.1977227424286 0.03 5.35
Jul 2025 1760.1020174294483 -0.85 3.01
Aug 2025 1724.0336617620787 -2.05 -2.73
Sep 2025 1726.6596013811832 0.15 -2.18
Oct 2025 1731.574708228634 0.28 -1.78
Nov 2025 1746.9205747339995 0.89 0.99
Dec 2025 1751.159902896653 0.24 0.73
Jan 2026 1740.830833232726 -0.59 -0.22
Feb 2026 1739.55 -0.07 -0.04