Sioux Falls, SD (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 Sioux Falls, SD Metro in February 2026 was $1,289.419. The month over month percentage change (MoM) was 0.53%, and the year over year percentage change (YoY) was 2.68%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the Sioux Falls, SD metro. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the Sioux Falls, SD 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.
Sioux Falls, SD (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Sioux Falls, SD (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) 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 867.446557899376 Infinity Infinity
Feb 2016 869.0770903220326 0.19 Infinity
Mar 2016 864.4852397078123 -0.53 Infinity
Apr 2016 864.7238112717624 0.03 Infinity
May 2016 856.4890169336022 -0.95 Infinity
Jun 2016 857.5059473478806 0.12 Infinity
Jul 2016 860.8438243471098 0.39 Infinity
Aug 2016 870.2344284471411 1.09 Infinity
Sep 2016 875.1742173584083 0.57 Infinity
Oct 2016 876.4435870443682 0.14 Infinity
Nov 2016 867.6618680563714 -1.00 Infinity
Dec 2016 864.2777872686969 -0.39 Infinity
Jan 2017 865.5560797466197 0.15 -0.22
Feb 2017 876.6021604028138 1.28 0.87
Mar 2017 885.5066349819195 1.02 2.43
Apr 2017 889.3193789018776 0.43 2.84
May 2017 891.8809165053784 0.29 4.13
Jun 2017 894.6694903281275 0.31 4.33
Jul 2017 900.2648221723482 0.63 4.58
Aug 2017 895.9596831860653 -0.48 2.96
Sep 2017 895.5656732059504 -0.04 2.33
Oct 2017 891.9831897339683 -0.40 1.77
Nov 2017 905.8919299146946 1.56 4.41
Dec 2017 907.015357513994 0.12 4.95
Jan 2018 910.5704962157976 0.39 5.20
Feb 2018 908.9611567190783 -0.18 3.69
Mar 2018 911.1603625511747 0.24 2.90
Apr 2018 914.9722299984759 0.42 2.89
May 2018 911.3853581618733 -0.39 2.19
Jun 2018 913.356298010584 0.22 2.09
Jul 2018 909.9144747740693 -0.38 1.07
Aug 2018 912.1953873611817 0.25 1.81
Sep 2018 908.2734381011539 -0.43 1.42
Oct 2018 910.0868216257288 0.20 2.03
Nov 2018 906.8638853280694 -0.35 0.11
Dec 2018 905.4915801541533 -0.15 -0.17
Jan 2019 910.6114249649123 0.56 0.00
Feb 2019 914.9012358956131 0.47 0.65
Mar 2019 913.9236887534256 -0.11 0.30
Apr 2019 912.8757705528998 -0.11 -0.23
May 2019 919.470243192933 0.72 0.89
Jun 2019 920.128666825419 0.07 0.74
Jul 2019 923.5524644574324 0.37 1.50
Aug 2019 925.5493863067223 0.22 1.46
Sep 2019 931.6285737102496 0.66 2.57
Oct 2019 935.6323538023494 0.43 2.81
Nov 2019 937.2142698573108 0.17 3.35
Dec 2019 942.3760602856725 0.55 4.07
Jan 2020 940.4434755987859 -0.20 3.28
Feb 2020 939.9249687053126 -0.05 2.74
Mar 2020 941.8160809835836 0.20 3.05
Apr 2020 949.4258479619649 0.81 4.00
May 2020 952.6805761731106 0.34 3.61
Jun 2020 955.1611366123127 0.26 3.81
Jul 2020 954.8821126830421 -0.03 3.39
Aug 2020 953.9749379769374 -0.09 3.07
Sep 2020 957.485784387358 0.37 2.78
Oct 2020 961.3670417559593 0.41 2.75
Nov 2020 968.8489561952844 0.78 3.38
Dec 2020 970.2269365343782 0.14 2.96
Jan 2021 982.3394367165972 1.25 4.46
Feb 2021 987.1390607010851 0.49 5.02
Mar 2021 991.805743627528 0.47 5.31
Apr 2021 997.9416535039983 0.62 5.11
May 2021 1008.9424847006427 1.10 5.91
Jun 2021 1021.6756716641773 1.26 6.96
Jul 2021 1029.7553128135232 0.79 7.84
Aug 2021 1041.7141184722188 1.16 9.20
Sep 2021 1052.652814122289 1.05 9.94
Oct 2021 1068.7362285020336 1.53 11.17
Nov 2021 1081.1627628590334 1.16 11.59
Dec 2021 1095.2932886663634 1.31 12.89
Jan 2022 1109.2399002299994 1.27 12.92
Feb 2022 1120.8134798116928 1.04 13.54
Mar 2022 1131.146315779381 0.92 14.05
Apr 2022 1142.0034815818133 0.96 14.44
May 2022 1150.9852842481007 0.79 14.08
Jun 2022 1166.7719037759712 1.37 14.20
Jul 2022 1175.0890714788954 0.71 14.11
Aug 2022 1191.112017510343 1.36 14.34
Sep 2022 1194.0985271987556 0.25 13.44
Oct 2022 1198.0381404026093 0.33 12.10
Nov 2022 1199.9496068188669 0.16 10.99
Dec 2022 1201.2930867749267 0.11 9.68
Jan 2023 1198.3714123378352 -0.24 8.04
Feb 2023 1202.081123035437 0.31 7.25
Mar 2023 1213.454066952915 0.95 7.28
Apr 2023 1218.8198994199406 0.44 6.73
May 2023 1223.7709600598746 0.41 6.32
Jun 2023 1220.4380014523192 -0.27 4.60
Jul 2023 1224.270434417867 0.31 4.18
Aug 2023 1220.7146448441788 -0.29 2.49
Sep 2023 1225.3245895732707 0.38 2.62
Oct 2023 1222.0402039640546 -0.27 2.00
Nov 2023 1225.4686028307187 0.28 2.13
Dec 2023 1229.236192789268 0.31 2.33
Jan 2024 1236.4141304956893 0.58 3.18
Feb 2024 1234.9339458326913 -0.12 2.73
Mar 2024 1237.5972232219863 0.22 1.99
Apr 2024 1236.30409572556 -0.10 1.44
May 2024 1241.1052592233002 0.39 1.42
Jun 2024 1242.990454384765 0.15 1.85
Jul 2024 1248.1318655445475 0.41 1.95
Aug 2024 1246.7086995921113 -0.11 2.13
Sep 2024 1243.5029078797616 -0.26 1.48
Oct 2024 1250.3473111779756 0.55 2.32
Nov 2024 1254.8502027507714 0.36 2.40
Dec 2024 1260.897968821973 0.48 2.58
Jan 2025 1254.9497214703038 -0.47 1.50
Feb 2025 1255.7753730578847 0.07 1.69
Mar 2025 1252.9777777748884 -0.22 1.24
Apr 2025 1255.9728766518344 0.24 1.59
May 2025 1254.7722428282166 -0.10 1.10
Jun 2025 1258.3342034560667 0.28 1.23
Jul 2025 1257.6631555230651 -0.05 0.76
Aug 2025 1263.8484667384969 0.49 1.38
Sep 2025 1270.159567271888 0.50 2.14
Oct 2025 1272.3241935333272 0.17 1.76
Nov 2025 1273.6592180751202 0.11 1.50
Dec 2025 1273.8268406147301 0.01 1.02
Jan 2026 1282.6008487518036 0.69 2.20
Feb 2026 1289.419332205803 0.53 2.68