Zip Code: 37212 (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 37212 Zip Code (Nashville, Tennessee) in January 2026 was $2,012.949. The month over month percentage change (MoM) was -0.76%, and the year over year percentage change (YoY) was 3.23%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 37212 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 37212 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: 37212 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 37212 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 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 1455.7989264952594 Infinity Infinity
Dec 2018 1471.7162779484704 1.09 Infinity
Jan 2019 1478.5453676042448 0.46 Infinity
Feb 2019 1506.8724057438878 1.92 Infinity
Mar 2019 1513.1981884921427 0.42 Infinity
Apr 2019 1512.3256552139471 -0.06 Infinity
May 2019 1511.6614015169528 -0.04 Infinity
Jun 2019 1506.7980537595963 -0.32 Infinity
Jul 2019 1513.464451351328 0.44 Infinity
Aug 2019 1520.122815358458 0.44 Infinity
Sep 2019 1535.8426599365712 1.03 Infinity
Oct 2019 1550.987958955821 0.99 Infinity
Nov 2019 1558.9989670140874 0.52 7.09
Dec 2019 1566.248678849979 0.47 6.42
Jan 2020 1573.3769463838933 0.46 6.41
Feb 2020 1578.3283731292588 0.32 4.74
Mar 2020 1572.3166203173555 -0.38 3.91
Apr 2020 1564.418494937443 -0.50 3.45
May 2020 1568.962215684754 0.29 3.79
Jun 2020 1557.850006407676 -0.71 3.39
Jul 2020 1577.2333220386834 1.24 4.21
Aug 2020 1581.989121767035 0.30 4.07
Sep 2020 1579.1493666854326 -0.18 2.82
Oct 2020 1548.4043069906143 -1.95 -0.17
Nov 2020 1542.942092013771 -0.35 -1.03
Dec 2020 1553.146144752753 0.66 -0.84
Jan 2021 1581.2501646876653 1.81 0.50
Feb 2021 1617.4950771828385 2.29 2.48
Mar 2021 1620.8686635836323 0.21 3.09
Apr 2021 1630.5906587952588 0.60 4.23
May 2021 1620.6046952224835 -0.61 3.29
Jun 2021 1633.4522920397014 0.79 4.85
Jul 2021 1646.3779840192997 0.79 4.38
Aug 2021 1682.1077632616618 2.17 6.33
Sep 2021 1711.5280779086481 1.75 8.38
Oct 2021 1769.567076944737 3.39 14.28
Nov 2021 1809.3777628052712 2.25 17.27
Dec 2021 1827.6988653258186 1.01 17.68
Jan 2022 1820.9376540272583 -0.37 15.16
Feb 2022 1791.9952445261492 -1.59 10.79
Mar 2022 1788.7255388476008 -0.18 10.36
Apr 2022 1796.749485374466 0.45 10.19
May 2022 1821.0411142877836 1.35 12.37
Jun 2022 1845.6166578613036 1.35 12.99
Jul 2022 1854.2960158115106 0.47 12.63
Aug 2022 1847.6451946769753 -0.36 9.84
Sep 2022 1835.5796553238658 -0.65 7.25
Oct 2022 1828.4779123751505 -0.39 3.33
Nov 2022 1862.5172219612168 1.86 2.94
Dec 2022 1895.4348500460585 1.77 3.71
Jan 2023 1917.2294152344712 1.15 5.29
Feb 2023 1886.7086403800006 -1.59 5.29
Mar 2023 1892.2147403461859 0.29 5.79
Apr 2023 1900.4250217324563 0.43 5.77
May 2023 1922.3927323564756 1.16 5.57
Jun 2023 1920.6921980997254 -0.09 4.07
Jul 2023 1916.4706678526968 -0.22 3.35
Aug 2023 1917.4583052172186 0.05 3.78
Sep 2023 1934.9928167895223 0.91 5.42
Oct 2023 1937.7082536581 0.14 5.97
Nov 2023 1912.2993894770568 -1.31 2.67
Dec 2023 1876.3066328712225 -1.88 -1.01
Jan 2024 1857.3828752560432 -1.01 -3.12
Feb 2024 1880.1149030574425 1.22 -0.35
Mar 2024 1897.5679092792118 0.93 0.28
Apr 2024 1911.507281545219 0.74 0.58
May 2024 1898.5934654913838 -0.68 -1.24
Jun 2024 1902.7629163491758 0.22 -0.93
Jul 2024 1908.2092598169431 0.29 -0.43
Aug 2024 1921.3262239841595 0.69 0.20
Sep 2024 1919.2363491049493 -0.11 -0.81
Oct 2024 1906.9037241278397 -0.64 -1.59
Nov 2024 1899.5185312341603 -0.39 -0.67
Dec 2024 1908.9760349076569 0.50 1.74
Jan 2025 1949.9259280934507 2.15 4.98
Feb 2025 1961.7190100965543 0.61 4.34
Mar 2025 1956.7443268544382 -0.25 3.12
Apr 2025 1950.5860907560154 -0.31 2.04
May 2025 1955.8379677594246 0.27 3.02
Jun 2025 1958.7141561771311 0.15 2.94
Jul 2025 1965.4535778654183 0.34 3.00
Aug 2025 1966.4840306932836 0.05 2.35
Sep 2025 1972.8317411338132 0.32 2.79
Oct 2025 1992.3276820189415 0.99 4.48
Nov 2025 2013.8754669766902 1.08 6.02
Dec 2025 2028.4716448546787 0.73 6.26
Jan 2026 2012.9492063492064 -0.76 3.23