Zip Code: 37208 (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 37208 Zip Code (Nashville, Tennessee) in January 2026 was $2,090.922. The month over month percentage change (MoM) was 0.48%, and the year over year percentage change (YoY) was 4.13%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 37208 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 37208 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: 37208 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 37208 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 133
Month ZORI ($) 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 1388.974009559952 Infinity Infinity
Jan 2018 1384.311398835717 -0.34 Infinity
Feb 2018 1392.7006618198272 0.61 Infinity
Mar 2018 1366.9611422468663 -1.85 Infinity
Apr 2018 1386.5029677917632 1.43 Infinity
May 2018 1381.7001443390413 -0.35 Infinity
Jun 2018 1401.3202479120507 1.42 Infinity
Jul 2018 1395.141471568032 -0.44 Infinity
Aug 2018 1398.6307355881768 0.25 Infinity
Sep 2018 1411.9127630304445 0.95 Infinity
Oct 2018 1414.8750738964825 0.21 Infinity
Nov 2018 1418.9989637667413 0.29 Infinity
Dec 2018 1419.288054546651 0.02 2.18
Jan 2019 1436.3807087403593 1.20 3.76
Feb 2019 1449.1717552791433 0.89 4.06
Mar 2019 1476.2697175619887 1.87 8.00
Apr 2019 1481.7152234040207 0.37 6.87
May 2019 1503.6750960592317 1.48 8.83
Jun 2019 1503.8930665397697 0.01 7.32
Jul 2019 1515.4344478922696 0.77 8.62
Aug 2019 1515.0356544877234 -0.03 8.32
Sep 2019 1520.4695569583803 0.36 7.69
Oct 2019 1528.368972955809 0.52 8.02
Nov 2019 1535.3301271007783 0.46 8.20
Dec 2019 1529.2058155287057 -0.40 7.75
Jan 2020 1521.1919213454921 -0.52 5.91
Feb 2020 1514.943663131271 -0.41 4.54
Mar 2020 1593.6224168060235 5.19 7.95
Apr 2020 1615.8319668891788 1.39 9.05
May 2020 1615.4641548349296 -0.02 7.43
Jun 2020 1602.5468667797918 -0.80 6.56
Jul 2020 1571.5772377701392 -1.93 3.71
Aug 2020 1565.2751789645863 -0.40 3.32
Sep 2020 1561.1901404390665 -0.26 2.68
Oct 2020 1556.758341883898 -0.28 1.86
Nov 2020 1542.3342248261272 -0.93 0.46
Dec 2020 1532.562587261607 -0.63 0.22
Jan 2021 1544.1915337810267 0.76 1.51
Feb 2021 1549.646619048102 0.35 2.29
Mar 2021 1556.5336228996027 0.44 -2.33
Apr 2021 1572.9294807089861 1.05 -2.65
May 2021 1605.699844932055 2.08 -0.60
Jun 2021 1641.3182248998587 2.22 2.42
Jul 2021 1698.8871827047838 3.51 8.10
Aug 2021 1743.5141679143576 2.63 11.39
Sep 2021 1785.818757335088 2.43 14.39
Oct 2021 1801.5885143994733 0.88 15.73
Nov 2021 1841.7858533457104 2.23 19.42
Dec 2021 1881.1240571745163 2.14 22.74
Jan 2022 1914.9986545991103 1.80 24.01
Feb 2022 1930.283062324608 0.80 24.56
Mar 2022 1922.2509239086153 -0.42 23.50
Apr 2022 1935.1694937221375 0.67 23.03
May 2022 1942.6842263521523 0.39 20.99
Jun 2022 1957.5981335812003 0.77 19.27
Jul 2022 1947.3549759945843 -0.52 14.63
Aug 2022 1941.7513969397467 -0.29 11.37
Sep 2022 1945.8387790378447 0.21 8.96
Oct 2022 1971.9644337166967 1.34 9.46
Nov 2022 1981.2995557807294 0.47 7.58
Dec 2022 1979.5682881206037 -0.09 5.23
Jan 2023 1972.7929822390754 -0.34 3.02
Feb 2023 1971.6033482377427 -0.06 2.14
Mar 2023 1985.7674031295912 0.72 3.30
Apr 2023 1978.8516905585984 -0.35 2.26
May 2023 1972.6753041559855 -0.31 1.54
Jun 2023 1967.455195360622 -0.26 0.50
Jul 2023 1979.6075957937348 0.62 1.66
Aug 2023 1977.6376891768223 -0.10 1.85
Sep 2023 1972.1972221824014 -0.28 1.36
Oct 2023 1949.1384344366359 -1.17 -1.16
Nov 2023 1943.3477891360317 -0.30 -1.91
Dec 2023 1936.5847896004418 -0.35 -2.17
Jan 2024 1962.1482569745322 1.32 -0.54
Feb 2024 1956.307148858243 -0.30 -0.78
Mar 2024 1978.6680218843728 1.14 -0.36
Apr 2024 1978.5750868943694 0.00 -0.01
May 2024 1995.711824352874 0.87 1.17
Jun 2024 1997.3419657804461 0.08 1.52
Jul 2024 1992.5935032436869 -0.24 0.66
Aug 2024 1988.4517127798445 -0.21 0.55
Sep 2024 1993.8543721290093 0.27 1.10
Oct 2024 2006.7326729854442 0.65 2.96
Nov 2024 2009.0562282705052 0.12 3.38
Dec 2024 2019.2308288413765 0.51 4.27
Jan 2025 2007.9257129637538 -0.56 2.33
Feb 2025 2019.9527662452492 0.60 3.25
Mar 2025 2007.807440390962 -0.60 1.47
Apr 2025 2018.547043415724 0.54 2.02
May 2025 2016.4124185980975 -0.11 1.04
Jun 2025 2024.322922496199 0.39 1.35
Jul 2025 2033.1867775322442 0.44 2.04
Aug 2025 2048.2430970813643 0.74 3.01
Sep 2025 2056.126601099607 0.39 3.12
Oct 2025 2063.361740113286 0.35 2.82
Nov 2025 2073.5016851881337 0.49 3.21
Dec 2025 2080.9017798702503 0.36 3.05
Jan 2026 2090.922277597389 0.48 4.13