Zip Code: 37211 (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 37211 Zip Code (Nashville, Tennessee) in January 2026 was $1,409.889. The month over month percentage change (MoM) was -0.15%, and the year over year percentage change (YoY) was 0.56%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 37211 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 37211 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: 37211 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 37211 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 133
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 914.8388938064882 NaN NaN
Feb 2015 908.7763988005582 -0.66 NaN
Mar 2015 909.2519876456605 0.05 NaN
Apr 2015 908.485986445379 -0.08 NaN
May 2015 912.3762296322228 0.43 NaN
Jun 2015 918.4020661298055 0.66 NaN
Jul 2015 921.354797229354 0.32 NaN
Aug 2015 939.9278450540087 2.02 NaN
Sep 2015 944.9737085210246 0.54 NaN
Oct 2015 954.8046429910379 1.04 NaN
Nov 2015 947.7624447307096 -0.74 NaN
Dec 2015 943.8538294067536 -0.41 NaN
Jan 2016 944.6108380265684 0.08 3.25
Feb 2016 958.219207277423 1.44 5.44
Mar 2016 985.2476432430043 2.82 8.36
Apr 2016 983.8640743317616 -0.14 8.30
May 2016 985.4129497787517 0.16 8.01
Jun 2016 974.0357087618903 -1.15 6.06
Jul 2016 985.5261283485082 1.18 6.97
Aug 2016 987.0475444597527 0.15 5.01
Sep 2016 996.2519075871469 0.93 5.43
Oct 2016 994.832992832053 -0.14 4.19
Nov 2016 1000.1387400151747 0.53 5.53
Dec 2016 993.1863838820553 -0.69 5.23
Jan 2017 996.250499360436 0.31 5.47
Feb 2017 996.8096323358938 0.06 4.03
Mar 2017 1001.1348879453337 0.43 1.61
Apr 2017 1006.6101785286054 0.55 2.31
May 2017 1015.5250167691393 0.89 3.06
Jun 2017 1020.3671752799114 0.48 4.76
Jul 2017 1028.64629279479 0.81 4.38
Aug 2017 1029.5626633947818 0.09 4.31
Sep 2017 1034.641004678972 0.49 3.85
Oct 2017 1036.4461916354348 0.17 4.18
Nov 2017 1043.4916121850215 0.68 4.34
Dec 2017 1059.201814601119 1.51 6.65
Jan 2018 1054.7088667641297 -0.42 5.87
Feb 2018 1052.3672508566258 -0.22 5.57
Mar 2018 1040.0914009661465 -1.17 3.89
Apr 2018 1045.7441632672871 0.54 3.89
May 2018 1044.9296813543515 -0.08 2.90
Jun 2018 1052.370092778628 0.71 3.14
Jul 2018 1045.336735530138 -0.67 1.62
Aug 2018 1049.698469493273 0.42 1.96
Sep 2018 1047.2268890689409 -0.23 1.22
Oct 2018 1057.8980167757934 1.02 2.07
Nov 2018 1060.578133507022 0.25 1.64
Dec 2018 1058.1706388644973 -0.23 -0.10
Jan 2019 1061.9384271330923 0.36 0.69
Feb 2019 1064.018855269859 0.20 1.11
Mar 2019 1072.6922381867091 0.82 3.13
Apr 2019 1073.172536234565 0.05 2.62
May 2019 1076.4268739002105 0.30 3.01
Jun 2019 1078.2023105670905 0.17 2.46
Jul 2019 1085.0128214206215 0.63 3.80
Aug 2019 1088.5968034434727 0.33 3.71
Sep 2019 1094.6783846303126 0.56 4.53
Oct 2019 1094.5202889292166 -0.01 3.46
Nov 2019 1097.6366012638478 0.28 3.49
Dec 2019 1103.2751239390834 0.51 4.26
Jan 2020 1112.2168179425755 0.81 4.74
Feb 2020 1121.8300076857279 0.86 5.43
Mar 2020 1121.0320757099346 -0.07 4.51
Apr 2020 1114.6482153296824 -0.57 3.87
May 2020 1106.8908898221673 -0.70 2.83
Jun 2020 1098.2613821251239 -0.78 1.86
Jul 2020 1105.9493092066812 0.70 1.93
Aug 2020 1109.7917694357 0.35 1.95
Sep 2020 1110.8890448043546 0.10 1.48
Oct 2020 1119.097480167308 0.74 2.25
Nov 2020 1121.7377344538345 0.24 2.20
Dec 2020 1131.3001630940564 0.85 2.54
Jan 2021 1129.4003018718383 -0.17 1.55
Feb 2021 1131.4355792817967 0.18 0.86
Mar 2021 1137.0245037015218 0.49 1.43
Apr 2021 1145.9934424586947 0.79 2.81
May 2021 1169.3234018682224 2.04 5.64
Jun 2021 1187.6285103927753 1.57 8.14
Jul 2021 1209.077044412661 1.81 9.32
Aug 2021 1237.6624085052715 2.36 11.52
Sep 2021 1273.281574521723 2.88 14.62
Oct 2021 1311.0408655609394 2.97 17.15
Nov 2021 1339.257927685275 2.15 19.39
Dec 2021 1352.35034845613 0.98 19.54
Jan 2022 1366.1179151082079 1.02 20.96
Feb 2022 1389.5361497038218 1.71 22.81
Mar 2022 1406.0218641111614 1.19 23.66
Apr 2022 1425.0495526239033 1.35 24.35
May 2022 1426.4654952953356 0.10 21.99
Jun 2022 1446.6360715882613 1.41 21.81
Jul 2022 1451.0553382854916 0.31 20.01
Aug 2022 1454.633587588329 0.25 17.53
Sep 2022 1445.0250834831108 -0.66 13.49
Oct 2022 1431.4989374177899 -0.94 9.19
Nov 2022 1425.1059524681436 -0.45 6.41
Dec 2022 1429.0318449947213 0.28 5.67
Jan 2023 1431.576931827271 0.18 4.79
Feb 2023 1426.3340845382888 -0.37 2.65
Mar 2023 1425.7398217445736 -0.04 1.40
Apr 2023 1426.8418516646977 0.08 0.13
May 2023 1431.4923590035032 0.33 0.35
Jun 2023 1422.1686233175524 -0.65 -1.69
Jul 2023 1417.9315868230647 -0.30 -2.28
Aug 2023 1414.7978436973985 -0.22 -2.74
Sep 2023 1418.3760715812007 0.25 -1.84
Oct 2023 1420.8499337885305 0.17 -0.74
Nov 2023 1416.6007350789291 -0.30 -0.60
Dec 2023 1414.30644053247 -0.16 -1.03
Jan 2024 1424.7640975819959 0.74 -0.48
Feb 2024 1423.4824463377902 -0.09 -0.20
Mar 2024 1420.4693893064953 -0.21 -0.37
Apr 2024 1407.4770496240806 -0.91 -1.36
May 2024 1410.3022023265992 0.20 -1.48
Jun 2024 1424.930925653645 1.04 0.19
Jul 2024 1422.8640082934164 -0.14 0.35
Aug 2024 1418.066685215909 -0.34 0.23
Sep 2024 1406.3915578787996 -0.82 -0.84
Oct 2024 1402.8704688615787 -0.25 -1.26
Nov 2024 1400.7914009555702 -0.15 -1.12
Dec 2024 1406.484166626582 0.41 -0.55
Jan 2025 1402.0159521387297 -0.32 -1.60
Feb 2025 1402.3779629219648 0.03 -1.48
Mar 2025 1402.9364995437884 0.04 -1.23
Apr 2025 1409.2485872424604 0.45 0.13
May 2025 1404.8294650129542 -0.31 -0.39
Jun 2025 1394.4887738069574 -0.74 -2.14
Jul 2025 1397.0371719324223 0.18 -1.81
Aug 2025 1400.949358579583 0.28 -1.21
Sep 2025 1408.9626489995628 0.57 0.18
Oct 2025 1412.1483735635875 0.23 0.66
Nov 2025 1416.2183588612254 0.29 1.10
Dec 2025 1412.050626322522 -0.29 0.40
Jan 2026 1409.8891065456282 -0.15 0.56