Zip Code: 37217 (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 37217 Zip Code (Nashville, Tennessee) in January 2026 was $1,322.562. The month over month percentage change (MoM) was -0.13%, and the year over year percentage change (YoY) was -2.05%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 37217 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 37217 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: 37217 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 37217 (Nashville, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 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 1078.3754769046864 Infinity Infinity
Jan 2021 1088.7409119630156 0.96 Infinity
Feb 2021 1077.8594834758362 -1.00 Infinity
Mar 2021 1080.8047510434985 0.27 Infinity
Apr 2021 1095.6144908845658 1.37 Infinity
May 2021 1120.1732580594628 2.24 Infinity
Jun 2021 1141.0049942192397 1.86 Infinity
Jul 2021 1164.0033924561787 2.02 Infinity
Aug 2021 1187.862206136481 2.05 Infinity
Sep 2021 1227.1580823431061 3.31 Infinity
Oct 2021 1268.4187941471232 3.36 Infinity
Nov 2021 1292.5483044009345 1.90 Infinity
Dec 2021 1309.446516833241 1.31 21.43
Jan 2022 1312.4028604342657 0.23 20.54
Feb 2022 1325.6758175057516 1.01 22.99
Mar 2022 1327.3465410325477 0.13 22.81
Apr 2022 1333.7495586880898 0.48 21.74
May 2022 1344.2988993199272 0.79 20.01
Jun 2022 1355.6824652599726 0.85 18.82
Jul 2022 1376.7602805362455 1.56 18.28
Aug 2022 1390.3483200710716 0.99 17.05
Sep 2022 1393.6989691464075 0.24 13.57
Oct 2022 1380.1483556509306 -0.97 8.81
Nov 2022 1358.28467519764 -1.58 5.09
Dec 2022 1346.9759289619335 -0.83 2.87
Jan 2023 1346.430546016072 -0.04 2.59
Feb 2023 1361.791229181179 1.14 2.72
Mar 2023 1371.4203174350205 0.71 3.32
Apr 2023 1377.000749982987 0.41 3.24
May 2023 1378.4434755927184 0.11 2.54
Jun 2023 1381.5782705651243 0.23 1.91
Jul 2023 1369.2066463648782 -0.89 -0.55
Aug 2023 1354.8028627671183 -1.05 -2.56
Sep 2023 1350.0523521454 -0.35 -3.13
Oct 2023 1351.4082613816909 0.10 -2.08
Nov 2023 1374.3481555070864 1.70 1.18
Dec 2023 1389.1300106113506 1.08 3.13
Jan 2024 1409.0824862447978 1.44 4.65
Feb 2024 1408.187091658124 -0.06 3.41
Mar 2024 1401.0635713750794 -0.51 2.16
Apr 2024 1389.20048952078 -0.85 0.89
May 2024 1382.0939390649046 -0.51 0.27
Jun 2024 1381.6016408564383 -0.04 0.00
Jul 2024 1379.300044199383 -0.17 0.74
Aug 2024 1372.223093702666 -0.51 1.29
Sep 2024 1371.997759855671 -0.02 1.63
Oct 2024 1370.976768528397 -0.07 1.45
Nov 2024 1378.8766375007413 0.58 0.33
Dec 2024 1366.689717718467 -0.88 -1.61
Jan 2025 1350.2626886436483 -1.20 -4.17
Feb 2025 1342.6510298296255 -0.56 -4.65
Mar 2025 1343.326308099256 0.05 -4.12
Apr 2025 1347.314999868157 0.30 -3.01
May 2025 1348.0841729579438 0.06 -2.46
Jun 2025 1342.6596845069269 -0.40 -2.82
Jul 2025 1342.9508291123389 0.02 -2.63
Aug 2025 1348.4264631159938 0.41 -1.73
Sep 2025 1345.264770484388 -0.23 -1.95
Oct 2025 1342.5337024643602 -0.20 -2.08
Nov 2025 1325.09059158131 -1.30 -3.90
Dec 2025 1324.2848217673366 -0.06 -3.10
Jan 2026 1322.5615450193454 -0.13 -2.05