Orem (City), Utah - 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 Orem (City), Utah in February 2026 was $1,479.798. The month over month percentage change (MoM) was 0.78%, and the year over year percentage change (YoY) was 4.17%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Orem (City), UT. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Orem (City), UT.

You can see similar information for other Utah cities.

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.
Orem (City), UT - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Orem (City), UT - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) 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 987.3373562347504 Infinity Infinity
Feb 2018 983.064500947748 -0.43 Infinity
Mar 2018 997.6036133065066 1.48 Infinity
Apr 2018 1000.4186542680795 0.28 Infinity
May 2018 999.8892626924694 -0.05 Infinity
Jun 2018 998.3106296945872 -0.16 Infinity
Jul 2018 997.8018709181674 -0.05 Infinity
Aug 2018 1015.0474382703516 1.73 Infinity
Sep 2018 1015.8316592576035 0.08 Infinity
Oct 2018 1019.2787942307036 0.34 Infinity
Nov 2018 1025.1155285446287 0.57 Infinity
Dec 2018 1034.4634695088532 0.91 Infinity
Jan 2019 1030.757157379822 -0.36 4.40
Feb 2019 1028.0617532073675 -0.26 4.58
Mar 2019 1030.5726500331239 0.24 3.31
Apr 2019 1038.9435416822873 0.81 3.85
May 2019 1041.7190587608181 0.27 4.18
Jun 2019 1045.718855766904 0.38 4.75
Jul 2019 1047.6708973407208 0.19 5.00
Aug 2019 1041.1297358735535 -0.62 2.57
Sep 2019 1043.908114630466 0.27 2.76
Oct 2019 1049.2396494161078 0.51 2.94
Nov 2019 1051.5070835797515 0.22 2.57
Dec 2019 1047.741524556815 -0.36 1.28
Jan 2020 1048.9042235233298 0.11 1.76
Feb 2020 1051.5671818172893 0.25 2.29
Mar 2020 1061.5291831951665 0.95 3.00
Apr 2020 1055.5914790690608 -0.56 1.60
May 2020 1058.2355516205732 0.25 1.59
Jun 2020 1064.6159164551577 0.60 1.81
Jul 2020 1062.2997070455317 -0.22 1.40
Aug 2020 1066.5242837842513 0.40 2.44
Sep 2020 1057.5262327206824 -0.84 1.31
Oct 2020 1071.9422406881636 1.36 2.16
Nov 2020 1086.8623447245554 1.39 3.36
Dec 2020 1115.6188349177944 2.65 6.48
Jan 2021 1116.113033668118 0.04 6.41
Feb 2021 1119.1787957733184 0.28 6.43
Mar 2021 1122.525682321214 0.30 5.75
Apr 2021 1138.2920908770138 1.41 7.84
May 2021 1153.1672472302632 1.31 8.97
Jun 2021 1163.3239512858538 0.88 9.27
Jul 2021 1203.2562982407787 3.43 13.27
Aug 2021 1233.1030102675707 2.48 15.62
Sep 2021 1266.4640551727832 2.71 19.76
Oct 2021 1280.2798625335417 1.09 19.44
Nov 2021 1291.9286796564627 0.91 18.87
Dec 2021 1306.1992369952927 1.11 17.08
Jan 2022 1311.2861623675833 0.39 17.49
Feb 2022 1336.878931079783 1.95 19.45
Mar 2022 1350.3836488757233 1.01 20.30
Apr 2022 1367.0072314635377 1.23 20.09
May 2022 1381.1700816630578 1.04 19.77
Jun 2022 1388.7129497743283 0.55 19.38
Jul 2022 1378.794668904978 -0.71 14.59
Aug 2022 1371.0930118719064 -0.56 11.19
Sep 2022 1389.443372686939 1.34 9.71
Oct 2022 1393.9350506125884 0.32 8.88
Nov 2022 1402.1408579013962 0.59 8.53
Dec 2022 1385.360179952426 -1.20 6.06
Jan 2023 1398.440216231698 0.94 6.65
Feb 2023 1393.2340379560167 -0.37 4.22
Mar 2023 1396.9802836931087 0.27 3.45
Apr 2023 1400.306281311059 0.24 2.44
May 2023 1400.6247828293967 0.02 1.41
Jun 2023 1409.8484006516935 0.66 1.52
Jul 2023 1410.2405010238554 0.03 2.28
Aug 2023 1409.8264368127227 -0.03 2.83
Sep 2023 1399.486190083096 -0.73 0.72
Oct 2023 1402.4990047368158 0.22 0.61
Nov 2023 1404.6062789658301 0.15 0.18
Dec 2023 1417.7188385599954 0.93 2.34
Jan 2024 1420.8280282459345 0.22 1.60
Feb 2024 1415.7747829627242 -0.36 1.62
Mar 2024 1414.1032501588952 -0.12 1.23
Apr 2024 1410.8361970268732 -0.23 0.75
May 2024 1418.1936084442546 0.52 1.25
Jun 2024 1413.854889592413 -0.31 0.28
Jul 2024 1416.30906805055 0.17 0.43
Aug 2024 1425.1612023305033 0.63 1.09
Sep 2024 1420.6981275527546 -0.31 1.52
Oct 2024 1418.0477217467926 -0.19 1.11
Nov 2024 1416.1162197301674 -0.14 0.82
Dec 2024 1417.9834736901134 0.13 0.02
Jan 2025 1418.6797362795835 0.05 -0.15
Feb 2025 1420.5562896187976 0.13 0.34
Mar 2025 1423.445967206075 0.20 0.66
Apr 2025 1426.7922142202763 0.24 1.13
May 2025 1424.2796907374218 -0.18 0.43
Jun 2025 1428.0077120217063 0.26 1.00
Jul 2025 1433.4234660240697 0.38 1.21
Aug 2025 1434.5979063462285 0.08 0.66
Sep 2025 1445.578591386068 0.77 1.75
Oct 2025 1452.7497820653728 0.50 2.45
Nov 2025 1459.6475920261748 0.48 3.07
Dec 2025 1463.7726942438687 0.28 3.23
Jan 2026 1468.405195546443 0.32 3.51
Feb 2026 1479.797639553429 0.78 4.17