Zip Code: 19120 (Philadelphia, Pennsylvania) - 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 19120 Zip Code (Philadelphia, Pennsylvania) in February 2026 was $1,515.5. The month over month percentage change (MoM) was -0.53%, and the year over year percentage change (YoY) was 2.34%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 19120 zip code (Philadelphia, Pennsylvania). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 19120 zip code (Philadelphia, Pennsylvania).

You can see similar information for other Pennsylvania 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: 19120 (Philadelphia, Pennsylvania) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 19120 (Philadelphia, Pennsylvania) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
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Month ZORI ($) 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 0 NaN NaN
Feb 2020 0 NaN NaN
Mar 2020 0 NaN NaN
Apr 2020 0 NaN NaN
May 2020 0 NaN NaN
Jun 2020 0 NaN NaN
Jul 2020 0 NaN NaN
Aug 2020 0 NaN NaN
Sep 2020 0 NaN NaN
Oct 2020 0 NaN NaN
Nov 2020 0 NaN NaN
Dec 2020 0 NaN NaN
Jan 2021 0 NaN NaN
Feb 2021 0 NaN NaN
Mar 2021 0 NaN NaN
Apr 2021 0 NaN NaN
May 2021 0 NaN NaN
Jun 2021 0 NaN NaN
Jul 2021 0 NaN NaN
Aug 2021 0 NaN NaN
Sep 2021 0 NaN NaN
Oct 2021 0 NaN NaN
Nov 2021 0 NaN NaN
Dec 2021 0 NaN NaN
Jan 2022 0 NaN NaN
Feb 2022 0 NaN NaN
Mar 2022 0 NaN NaN
Apr 2022 1236.7569156383468 Infinity Infinity
May 2022 1257.540091121906 1.68 Infinity
Jun 2022 1291.7893845586912 2.72 Infinity
Jul 2022 1305.2077442928578 1.04 Infinity
Aug 2022 1295.265669940972 -0.76 Infinity
Sep 2022 1268.0133284700269 -2.10 Infinity
Oct 2022 1278.4172979214466 0.82 Infinity
Nov 2022 1313.063431305539 2.71 Infinity
Dec 2022 1346.1326062884166 2.52 Infinity
Jan 2023 1329.984919722698 -1.20 Infinity
Feb 2023 0 -100.00 NaN
Mar 2023 1330.8504456145404 Infinity Infinity
Apr 2023 1323.3657476887365 -0.56 7.00
May 2023 1313.3919247394165 -0.75 4.44
Jun 2023 1327.0511188400576 1.04 2.73
Jul 2023 1361.644175901238 2.61 4.32
Aug 2023 1349.4603890508872 -0.89 4.18
Sep 2023 1380.4949240768783 2.30 8.87
Oct 2023 1365.873896186481 -1.06 6.84
Nov 2023 1388.0247525277364 1.62 5.71
Dec 2023 1398.8356028179337 0.78 3.92
Jan 2024 1449.365793528609 3.61 8.98
Feb 2024 1448.570842564632 -0.05 Infinity
Mar 2024 1439.465435331681 -0.63 8.16
Apr 2024 1441.2128142207628 0.12 8.90
May 2024 1468.949511316804 1.93 11.84
Jun 2024 1467.3172883788645 -0.11 10.57
Jul 2024 1462.9065598356112 -0.30 7.44
Aug 2024 1473.6587017817678 0.74 9.20
Sep 2024 1473.0566676455908 -0.04 6.71
Oct 2024 1486.2264693528687 0.89 8.81
Nov 2024 1477.0265474157782 -0.62 6.41
Dec 2024 1467.1692366775424 -0.67 4.89
Jan 2025 1462.608014300324 -0.31 0.91
Feb 2025 1480.8376798571308 1.25 2.23
Mar 2025 1504.2695138722042 1.58 4.50
Apr 2025 1519.4561909538277 1.01 5.43
May 2025 1513.4254485291356 -0.40 3.03
Jun 2025 0 -100.00 -100.00
Jul 2025 1510.8005435028042 Infinity 3.27
Aug 2025 1523.2556400321066 0.82 3.37
Sep 2025 1524.3662213698492 0.07 3.48
Oct 2025 1529.7443654776278 0.35 2.93
Nov 2025 1527.6715735042512 -0.13 3.43
Dec 2025 1533.1706468705993 0.36 4.50
Jan 2026 1523.547627853176 -0.63 4.17
Feb 2026 1515.5 -0.53 2.34