Niles, MI (Metro) - 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 Niles, MI Metro in February 2026 was $1,257.055. The month over month percentage change (MoM) was 0.29%, and the year over year percentage change (YoY) was 3.88%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the Niles, MI metro. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the Niles, MI metro.

You can see similar information for other US metros, and for the United States.

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.
Niles, MI (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Niles, MI (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) 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 0 NaN NaN
Feb 2018 0 NaN NaN
Mar 2018 0 NaN NaN
Apr 2018 0 NaN NaN
May 2018 820.2445516325292 Infinity Infinity
Jun 2018 0 -100.00 NaN
Jul 2018 806.676320125102 Infinity Infinity
Aug 2018 800.0761993549305 -0.82 Infinity
Sep 2018 806.0345610194763 0.75 Infinity
Oct 2018 817.7830949569127 1.46 Infinity
Nov 2018 816.221493972987 -0.19 Infinity
Dec 2018 828.8749291987386 1.55 Infinity
Jan 2019 828.1353394068386 -0.09 Infinity
Feb 2019 833.5355001010673 0.65 Infinity
Mar 2019 833.3496872242243 -0.02 Infinity
Apr 2019 828.8904272271809 -0.53 Infinity
May 2019 833.201273874043 0.52 1.58
Jun 2019 832.2409965651243 -0.11 Infinity
Jul 2019 843.8935102513719 1.40 4.61
Aug 2019 839.5218893060697 -0.52 4.93
Sep 2019 840.8232140463182 0.16 4.32
Oct 2019 839.1737142458802 -0.20 2.62
Nov 2019 847.8606534643977 1.03 3.88
Dec 2019 844.9881626087683 -0.34 1.94
Jan 2020 853.4326974631783 1.00 3.06
Feb 2020 856.7719127413433 0.39 2.79
Mar 2020 876.419036884662 2.29 5.17
Apr 2020 876.8086327018158 0.04 5.78
May 2020 868.5336454526735 -0.94 4.24
Jun 2020 864.2942598025295 -0.49 3.85
Jul 2020 861.7174318666359 -0.30 2.11
Aug 2020 870.1652048993509 0.98 3.65
Sep 2020 875.5207727556327 0.62 4.13
Oct 2020 883.1399024052639 0.87 5.24
Nov 2020 892.2384897901402 1.03 5.23
Dec 2020 894.9338375248026 0.30 5.91
Jan 2021 896.9822852069825 0.23 5.10
Feb 2021 892.6926297199637 -0.48 4.19
Mar 2021 0 -100.00 -100.00
Apr 2021 921.6713222805956 Infinity 5.12
May 2021 937.3808997612697 1.70 7.93
Jun 2021 935.2855225613965 -0.22 8.21
Jul 2021 941.2394522467866 0.64 9.23
Aug 2021 946.3329749068922 0.54 8.75
Sep 2021 966.3452031673626 2.12 10.37
Oct 2021 972.8385307929872 0.67 10.16
Nov 2021 970.797028427301 -0.21 8.81
Dec 2021 979.3107919730896 0.88 9.43
Jan 2022 980.4582583673117 0.12 9.31
Feb 2022 988.3967297928817 0.81 10.72
Mar 2022 992.4319192790534 0.41 Infinity
Apr 2022 999.7802101242404 0.74 8.48
May 2022 1015.2145392753105 1.54 8.30
Jun 2022 1038.0374204327272 2.25 10.99
Jul 2022 1054.7803147361456 1.61 12.06
Aug 2022 1071.1651920903666 1.55 13.19
Sep 2022 1061.1367070871327 -0.94 9.81
Oct 2022 1066.5483903444615 0.51 9.63
Nov 2022 1069.3461605262999 0.26 10.15
Dec 2022 1075.9121941323983 0.61 9.86
Jan 2023 1087.2768152692413 1.06 10.90
Feb 2023 1103.8547703368022 1.53 11.68
Mar 2023 1098.5094633888734 -0.48 10.69
Apr 2023 1099.9642150745865 0.13 10.02
May 2023 1103.9006161719483 0.36 8.74
Jun 2023 1112.5631339413746 0.79 7.18
Jul 2023 1115.8355937781996 0.29 5.79
Aug 2023 1104.5373135791092 -1.01 3.12
Sep 2023 1110.946799795464 0.58 4.69
Oct 2023 1127.5923125399731 1.50 5.72
Nov 2023 1142.579009034756 1.33 6.85
Dec 2023 1138.4954159916824 -0.36 5.82
Jan 2024 1131.400693259262 -0.62 4.06
Feb 2024 1134.9732218078664 0.32 2.82
Mar 2024 1145.8955325508264 0.96 4.31
Apr 2024 1162.4594075811672 1.45 5.68
May 2024 1161.6377907136784 -0.07 5.23
Jun 2024 1161.8769422468722 0.02 4.43
Jul 2024 1164.140000356081 0.20 4.33
Aug 2024 1165.0972792898988 0.08 5.48
Sep 2024 1179.6285504791626 1.25 6.18
Oct 2024 1174.400128872015 -0.44 4.15
Nov 2024 1177.6598750182952 0.28 3.07
Dec 2024 1193.2392926010791 1.32 4.81
Jan 2025 1208.866920169601 1.31 6.85
Feb 2025 1210.1489064206962 0.11 6.62
Mar 2025 1217.1322924916647 0.58 6.22
Apr 2025 1215.2978031294108 -0.15 4.55
May 2025 1223.6349125373945 0.69 5.34
Jun 2025 1227.4245800278434 0.31 5.64
Jul 2025 1233.2845662145307 0.48 5.94
Aug 2025 1247.5970106398217 1.16 7.08
Sep 2025 1246.9529563635253 -0.05 5.71
Oct 2025 1253.4383363613965 0.52 6.73
Nov 2025 1254.459781691464 0.08 6.52
Dec 2025 1253.7614146703206 -0.06 5.07
Jan 2026 1253.3799927311577 -0.03 3.68
Feb 2026 1257.0548433048432 0.29 3.88