Zip Code: 37206 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted (Zillow)
Updated on March 2, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily in the 37206 Zip Code (Nashville, Tennessee) in January 2026 was $1,948.69. The month over month percentage change (MoM) was 0.22%, and the year over year percentage change (YoY) was 2.01%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 37206 zip code (Nashville, Tennessee). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 37206 zip code (Nashville, Tennessee).

You can see similar information for other Tennessee 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: 37206 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 37206 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 1296.2896534922418 Infinity Infinity
Apr 2017 1288.5882761474045 -0.59 Infinity
May 2017 1292.9516162848822 0.34 Infinity
Jun 2017 1316.045344543442 1.79 Infinity
Jul 2017 1320.8819469841485 0.37 Infinity
Aug 2017 1326.500642066126 0.43 Infinity
Sep 2017 1345.5881847194332 1.44 Infinity
Oct 2017 1333.5553629589415 -0.89 Infinity
Nov 2017 1316.9565999564704 -1.25 Infinity
Dec 2017 1307.31508206084 -0.73 Infinity
Jan 2018 1319.550558364856 0.94 Infinity
Feb 2018 1338.2667463826258 1.42 Infinity
Mar 2018 1339.1027036416904 0.06 3.30
Apr 2018 1340.9253987384427 0.14 4.06
May 2018 1328.7581180509826 -0.91 2.77
Jun 2018 1332.6850201668758 0.30 1.26
Jul 2018 1327.4019298134897 -0.40 0.49
Aug 2018 1340.982444700153 1.02 1.09
Sep 2018 1353.1423300614676 0.91 0.56
Oct 2018 1382.0717970293538 2.14 3.64
Nov 2018 1392.4443277431 0.75 5.73
Dec 2018 1398.522799741985 0.44 6.98
Jan 2019 1390.4616203812946 -0.58 5.37
Feb 2019 1376.6587087083208 -0.99 2.87
Mar 2019 1388.5726391573412 0.87 3.69
Apr 2019 1397.4922640415882 0.64 4.22
May 2019 1416.4195149745865 1.35 6.60
Jun 2019 1414.7485717715915 -0.12 6.16
Jul 2019 1425.7387254036955 0.78 7.41
Aug 2019 1420.9775145110066 -0.33 5.97
Sep 2019 1411.1834237127769 -0.69 4.29
Oct 2019 1399.0143628968676 -0.86 1.23
Nov 2019 1404.6236903420975 0.40 0.88
Dec 2019 1404.959918280059 0.02 0.46
Jan 2020 1402.5302239214127 -0.17 0.87
Feb 2020 1399.5074285799944 -0.22 1.66
Mar 2020 1444.9318206674059 3.25 4.06
Apr 2020 1458.2253323193781 0.92 4.35
May 2020 1458.6491396256913 0.03 2.98
Jun 2020 1449.6540930109445 -0.62 2.47
Jul 2020 1442.249866416723 -0.51 1.16
Aug 2020 1449.1884285546819 0.48 1.99
Sep 2020 1451.6935737948068 0.17 2.87
Oct 2020 1471.2535019217744 1.35 5.16
Nov 2020 1449.997727270586 -1.44 3.23
Dec 2020 1450.0974635663617 0.01 3.21
Jan 2021 1452.9709999310203 0.20 3.60
Feb 2021 1478.706884007824 1.77 5.66
Mar 2021 1495.894459827114 1.16 3.53
Apr 2021 1505.381680716649 0.63 3.23
May 2021 1524.7366721278597 1.29 4.53
Jun 2021 1548.8153322782441 1.58 6.84
Jul 2021 1597.5130708243432 3.14 10.77
Aug 2021 1627.3511494960167 1.87 12.29
Sep 2021 1656.11717159999 1.77 14.08
Oct 2021 1647.695632509244 -0.51 11.99
Nov 2021 1673.199082976906 1.55 15.39
Dec 2021 1685.310147782804 0.72 16.22
Jan 2022 1710.3607446180463 1.49 17.72
Feb 2022 1726.467513195454 0.94 16.76
Mar 2022 1737.7362809993606 0.65 16.17
Apr 2022 1748.2891357312387 0.61 16.14
May 2022 1763.560547438724 0.87 15.66
Jun 2022 1792.2293636681363 1.63 15.72
Jul 2022 1798.845688919486 0.37 12.60
Aug 2022 1799.3303213229742 0.03 10.57
Sep 2022 1811.5568585083724 0.68 9.39
Oct 2022 1817.8031237499356 0.35 10.32
Nov 2022 1841.3680585629804 1.30 10.05
Dec 2022 1837.5194216770053 -0.21 9.03
Jan 2023 1850.4860500098791 0.71 8.19
Feb 2023 1841.0806458628208 -0.51 6.64
Mar 2023 1850.9826505219244 0.54 6.52
Apr 2023 1861.535223043916 0.57 6.48
May 2023 1863.5155683324842 0.11 5.67
Jun 2023 1846.0343801132426 -0.94 3.00
Jul 2023 1828.8883888266128 -0.93 1.67
Aug 2023 1826.8341998122346 -0.11 1.53
Sep 2023 1834.3631381004357 0.41 1.26
Oct 2023 1856.3502836208513 1.20 2.12
Nov 2023 1849.9264449806274 -0.35 0.47
Dec 2023 1859.3990226142107 0.51 1.19
Jan 2024 1855.1679108203148 -0.23 0.25
Feb 2024 1863.9645024384697 0.47 1.24
Mar 2024 1856.1504398818454 -0.42 0.28
Apr 2024 1854.3994167674023 -0.09 -0.38
May 2024 1860.2224013480468 0.31 -0.18
Jun 2024 1862.589866171387 0.13 0.90
Jul 2024 1873.9175795658464 0.61 2.46
Aug 2024 1890.6261370859027 0.89 3.49
Sep 2024 1892.3090510289096 0.09 3.16
Oct 2024 1900.0864008767414 0.41 2.36
Nov 2024 1900.042798096379 0.00 2.71
Dec 2024 1909.177427584899 0.48 2.68
Jan 2025 1910.286709456462 0.06 2.97
Feb 2025 1917.7676680007585 0.39 2.89
Mar 2025 1929.4686778445384 0.61 3.95
Apr 2025 1935.8010994059869 0.33 4.39
May 2025 1938.2112140140598 0.13 4.19
Jun 2025 1948.9611757411087 0.56 4.64
Jul 2025 1955.7574180154859 0.35 4.37
Aug 2025 1952.2910262981648 -0.18 3.26
Sep 2025 1952.8616832649084 0.03 3.20
Oct 2025 1943.3939704099628 -0.48 2.28
Nov 2025 1948.6128143434769 0.27 2.56
Dec 2025 1944.4181880246636 -0.21 1.85
Jan 2026 1948.690359477124 0.22 2.01