Providence, RI (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 Providence, RI Metro in February 2026 was $2,094.635. The month over month percentage change (MoM) was 0.47%, and the year over year percentage change (YoY) was 4.62%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the Providence, RI metro. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the Providence, RI 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.
Providence, RI (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Providence, RI (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1025.9481474811923 NaN NaN
Feb 2015 1031.6408419631205 0.56 NaN
Mar 2015 1039.612112578403 0.77 NaN
Apr 2015 1042.2672193493809 0.26 NaN
May 2015 1046.5583702715207 0.41 NaN
Jun 2015 1050.4894167203338 0.38 NaN
Jul 2015 1050.6068806753647 0.01 NaN
Aug 2015 1050.4468838928162 -0.01 NaN
Sep 2015 1057.4764037218756 0.67 NaN
Oct 2015 1069.3096247450737 1.12 NaN
Nov 2015 1076.7695201006954 0.70 NaN
Dec 2015 1077.6808827001535 0.09 NaN
Jan 2016 1081.3565256357792 0.34 5.40
Feb 2016 1085.797784111289 0.41 5.25
Mar 2016 1086.7420283571869 0.09 4.53
Apr 2016 1090.1099330812128 0.31 4.59
May 2016 1095.1151346811155 0.46 4.64
Jun 2016 1093.6372672110706 -0.13 4.11
Jul 2016 1099.7640862700355 0.56 4.68
Aug 2016 1105.5993094340924 0.53 5.25
Sep 2016 1123.0630329621501 1.58 6.20
Oct 2016 1126.6120458544913 0.32 5.36
Nov 2016 1132.5648752536542 0.53 5.18
Dec 2016 1137.8123965356694 0.46 5.58
Jan 2017 1144.095953602815 0.55 5.80
Feb 2017 1148.2208379722792 0.36 5.75
Mar 2017 1149.0267791122133 0.07 5.73
Apr 2017 1154.8569687963818 0.51 5.94
May 2017 1156.976668840603 0.18 5.65
Jun 2017 1159.1990119355517 0.19 6.00
Jul 2017 1167.0081139180845 0.67 6.11
Aug 2017 1173.3605295390942 0.54 6.13
Sep 2017 1154.9479514348193 -1.57 2.84
Oct 2017 1157.278331996885 0.20 2.72
Nov 2017 1163.8012776504993 0.56 2.76
Dec 2017 1192.911265324314 2.50 4.84
Jan 2018 1199.3196412146372 0.54 4.83
Feb 2018 1203.197131733849 0.32 4.79
Mar 2018 1209.4031594199512 0.52 5.26
Apr 2018 1211.6029371907603 0.18 4.91
May 2018 1218.013076984569 0.53 5.28
Jun 2018 1229.7815584659631 0.97 6.09
Jul 2018 1234.9001458542211 0.42 5.82
Aug 2018 1238.5350939172886 0.29 5.56
Sep 2018 1246.0477087854283 0.61 7.89
Oct 2018 1250.24783889207 0.34 8.03
Nov 2018 1257.8499811686393 0.61 8.08
Dec 2018 1254.4307305467735 -0.27 5.16
Jan 2019 1262.6649898835822 0.66 5.28
Feb 2019 1264.1599683924749 0.12 5.07
Mar 2019 1271.963043587238 0.62 5.17
Apr 2019 1279.9496889796355 0.63 5.64
May 2019 1286.039690078297 0.48 5.59
Jun 2019 1289.196452589837 0.25 4.83
Jul 2019 1293.0422458405897 0.30 4.71
Aug 2019 1298.779435180011 0.44 4.86
Sep 2019 1311.1875464535615 0.96 5.23
Oct 2019 1318.5370421546654 0.56 5.46
Nov 2019 1320.5651597463948 0.15 4.99
Dec 2019 1319.8559662729774 -0.05 5.22
Jan 2020 1321.5991260737858 0.13 4.67
Feb 2020 1330.436403936675 0.67 5.24
Mar 2020 1343.0533040941677 0.95 5.59
Apr 2020 1346.010913233435 0.22 5.16
May 2020 1340.7208864741758 -0.39 4.25
Jun 2020 1343.3698489685994 0.20 4.20
Jul 2020 1353.5050864682387 0.75 4.68
Aug 2020 1369.9637933061647 1.22 5.48
Sep 2020 1383.8071330954824 1.01 5.54
Oct 2020 1398.0119032341895 1.03 6.03
Nov 2020 1414.0252122044215 1.15 7.08
Dec 2020 1427.123382376294 0.93 8.13
Jan 2021 1435.2967633066587 0.57 8.60
Feb 2021 1446.0711459553872 0.75 8.69
Mar 2021 1458.4218498293933 0.85 8.59
Apr 2021 1478.4552679285573 1.37 9.84
May 2021 1495.3683246450266 1.14 11.54
Jun 2021 1507.9990641721 0.85 12.26
Jul 2021 1523.6476450256953 1.04 12.57
Aug 2021 1537.5985089019348 0.92 12.24
Sep 2021 1559.9001363683867 1.45 12.73
Oct 2021 1573.9276206407415 0.90 12.58
Nov 2021 1587.6071148983913 0.87 12.28
Dec 2021 1598.2095102163894 0.67 11.99
Jan 2022 1616.1621531266533 1.12 12.60
Feb 2022 1631.1519917461078 0.93 12.80
Mar 2022 1646.2275816318283 0.92 12.88
Apr 2022 1657.511116070568 0.69 12.11
May 2022 1680.46345199494 1.39 12.38
Jun 2022 1701.3080621579643 1.24 12.82
Jul 2022 1716.9418040101818 0.92 12.69
Aug 2022 1723.8092781310315 0.40 12.11
Sep 2022 1725.0718337546627 0.07 10.59
Oct 2022 1733.5112819903484 0.49 10.14
Nov 2022 1743.7508216163055 0.59 9.84
Dec 2022 1757.4060949611558 0.78 9.96
Jan 2023 1763.2421122821859 0.33 9.10
Feb 2023 1768.6106986781408 0.30 8.43
Mar 2023 1777.8442098338187 0.52 8.00
Apr 2023 1791.8896022844026 0.79 8.11
May 2023 1802.7247501642744 0.61 7.28
Jun 2023 1815.5094574854438 0.71 6.71
Jul 2023 1826.1575966413425 0.59 6.36
Aug 2023 1841.3722966761115 0.83 6.82
Sep 2023 1851.4523549212533 0.55 7.33
Oct 2023 1857.3411269656326 0.32 7.14
Nov 2023 1862.8352521797951 0.30 6.83
Dec 2023 1875.2570288918766 0.67 6.71
Jan 2024 1886.2014947222608 0.58 6.97
Feb 2024 1899.432954215532 0.70 7.40
Mar 2024 1909.0270219921008 0.51 7.38
Apr 2024 1921.738381652773 0.67 7.25
May 2024 1922.4497032063648 0.04 6.64
Jun 2024 1925.7610363574227 0.17 6.07
Jul 2024 1937.1028732868915 0.59 6.08
Aug 2024 1951.8404605571561 0.76 6.00
Sep 2024 1959.2407689096294 0.38 5.82
Oct 2024 1965.5097448205674 0.32 5.82
Nov 2024 1973.1160536200857 0.39 5.92
Dec 2024 1983.7232534742272 0.54 5.78
Jan 2025 1998.085049928418 0.72 5.93
Feb 2025 2002.164773374212 0.20 5.41
Mar 2025 2010.6325432151405 0.42 5.32
Apr 2025 2014.44978367783 0.19 4.82
May 2025 2026.5725880787065 0.60 5.42
Jun 2025 2036.1799912000245 0.47 5.73
Jul 2025 2041.4916861495835 0.26 5.39
Aug 2025 2043.5430078256657 0.10 4.70
Sep 2025 2054.6574389910074 0.54 4.87
Oct 2025 2067.1304709199253 0.61 5.17
Nov 2025 2078.0417532354018 0.53 5.32
Dec 2025 2081.978797091089 0.19 4.95
Jan 2026 2084.8985185238917 0.14 4.35
Feb 2026 2094.635044472318 0.47 4.62