Zip Code: 38016 (Cordova, 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 38016 Zip Code (Cordova, Tennessee) in January 2026 was $1,591.955. The month over month percentage change (MoM) was -0.03%, and the year over year percentage change (YoY) was 1.07%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 38016 zip code (Cordova, Tennessee). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 38016 zip code (Cordova, 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: 38016 (Cordova, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 38016 (Cordova, Tennessee) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 133
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1052.9545878545673 NaN NaN
Feb 2015 1055.7699200826307 0.27 NaN
Mar 2015 1049.530215805962 -0.59 NaN
Apr 2015 1052.8936487845338 0.32 NaN
May 2015 1051.4251267495574 -0.14 NaN
Jun 2015 1052.9100254927819 0.14 NaN
Jul 2015 1049.3287215026116 -0.34 NaN
Aug 2015 1052.4220654702924 0.30 NaN
Sep 2015 1055.6391974455685 0.31 NaN
Oct 2015 1055.2313435276214 -0.04 NaN
Nov 2015 1057.6557593167258 0.23 NaN
Dec 2015 1057.5859096717477 -0.01 NaN
Jan 2016 1061.5368187185518 0.37 0.82
Feb 2016 1064.0832847595293 0.24 0.79
Mar 2016 1068.536051600573 0.42 1.81
Apr 2016 1073.554418750988 0.47 1.96
May 2016 1073.731795787129 0.02 2.12
Jun 2016 1078.0302516413212 0.40 2.39
Jul 2016 1073.4381602023245 -0.43 2.30
Aug 2016 1073.5437303376993 0.01 2.01
Sep 2016 1065.6310144169036 -0.74 0.95
Oct 2016 1066.994333819446 0.13 1.12
Nov 2016 1066.572235099756 -0.04 0.84
Dec 2016 1070.6107518481217 0.38 1.23
Jan 2017 1078.8763704981636 0.77 1.63
Feb 2017 1075.0472028723977 -0.35 1.03
Mar 2017 1081.4906107972902 0.60 1.21
Apr 2017 1076.644238961763 -0.45 0.29
May 2017 1086.35553866024 0.90 1.18
Jun 2017 1078.7192898910912 -0.70 0.06
Jul 2017 1086.178990714706 0.69 1.19
Aug 2017 1087.5583691274396 0.13 1.31
Sep 2017 1103.7974413410209 1.49 3.58
Oct 2017 1106.620815814933 0.26 3.71
Nov 2017 1104.637406414258 -0.18 3.57
Dec 2017 1100.9197966583624 -0.34 2.83
Jan 2018 1094.2188859187402 -0.61 1.42
Feb 2018 1101.2998786438857 0.65 2.44
Mar 2018 1102.4616211673322 0.11 1.94
Apr 2018 1106.0532985522905 0.33 2.73
May 2018 1105.1884824129256 -0.08 1.73
Jun 2018 1109.4290789080085 0.38 2.85
Jul 2018 1116.691424410504 0.66 2.81
Aug 2018 1117.5648246737608 0.08 2.76
Sep 2018 1113.2061981189806 -0.39 0.85
Oct 2018 1107.5093257798453 -0.51 0.08
Nov 2018 1122.3073927273094 1.34 1.60
Dec 2018 1129.1995571169614 0.61 2.57
Jan 2019 1139.084990776038 0.88 4.10
Feb 2019 1133.8067845308585 -0.46 2.95
Mar 2019 1134.8469782094462 0.09 2.94
Apr 2019 1139.1674176787951 0.38 2.99
May 2019 1141.072410799847 0.17 3.25
Jun 2019 1146.79898753609 0.50 3.37
Jul 2019 1144.9508173137476 -0.16 2.53
Aug 2019 1150.0989008727172 0.45 2.91
Sep 2019 1153.716349619819 0.32 3.64
Oct 2019 1163.3846941110114 0.84 5.05
Nov 2019 1159.7443877403512 -0.31 3.34
Dec 2019 1162.5297569195766 0.24 2.95
Jan 2020 1163.6510428663316 0.10 2.16
Feb 2020 1172.2725061609792 0.74 3.39
Mar 2020 1184.9033942867677 1.08 4.41
Apr 2020 1190.20117273894 0.45 4.48
May 2020 1191.3985236816404 0.10 4.41
Jun 2020 1200.043632397711 0.73 4.64
Jul 2020 1210.7047637392648 0.89 5.74
Aug 2020 1222.728811659001 0.99 6.32
Sep 2020 1240.9726497610643 1.49 7.56
Oct 2020 1258.7883702284025 1.44 8.20
Nov 2020 1281.3136167849964 1.79 10.48
Dec 2020 1292.1900933959441 0.85 11.15
Jan 2021 1293.2505120736241 0.08 11.14
Feb 2021 1302.6342237595659 0.73 11.12
Mar 2021 1311.0244870480583 0.64 10.64
Apr 2021 1332.0807836488173 1.61 11.92
May 2021 1346.9808090178121 1.12 13.06
Jun 2021 1363.2453708052053 1.21 13.60
Jul 2021 1375.5224655011134 0.90 13.61
Aug 2021 1398.679678791796 1.68 14.39
Sep 2021 1412.470714633765 0.99 13.82
Oct 2021 1425.2072866366918 0.90 13.22
Nov 2021 1428.020117065478 0.20 11.45
Dec 2021 1442.8443701279996 1.04 11.66
Jan 2022 1456.0316448054807 0.91 12.59
Feb 2022 1460.50235163494 0.31 12.12
Mar 2022 1465.5428784520448 0.35 11.79
Apr 2022 1459.0921094481141 -0.44 9.54
May 2022 1465.2954105192048 0.43 8.78
Jun 2022 1478.883870079493 0.93 8.48
Jul 2022 1493.4514423237245 0.99 8.57
Aug 2022 1497.681513185256 0.28 7.08
Sep 2022 1502.5445189492802 0.33 6.38
Oct 2022 1512.2911849037064 0.65 6.11
Nov 2022 1510.87184709477 -0.09 5.80
Dec 2022 1494.9853381725422 -1.05 3.61
Jan 2023 1503.2189238429623 0.55 3.24
Feb 2023 1511.6218605133663 0.56 3.50
Mar 2023 1529.4772752964493 1.18 4.36
Apr 2023 1541.5025295716403 0.79 5.65
May 2023 1556.9044931055241 1.00 6.25
Jun 2023 1556.6067019512363 -0.02 5.26
Jul 2023 1550.6680691547228 -0.38 3.83
Aug 2023 1531.773213573362 -1.22 2.28
Sep 2023 1521.6580894336607 -0.66 1.27
Oct 2023 1511.59715390391 -0.66 -0.05
Nov 2023 1530.6343653838705 1.26 1.31
Dec 2023 1557.6925890261605 1.77 4.20
Jan 2024 1557.7585094827016 0.00 3.63
Feb 2024 1554.4928018530493 -0.21 2.84
Mar 2024 1536.8789027044738 -1.13 0.48
Apr 2024 1538.1663210758297 0.08 -0.22
May 2024 1545.492801646254 0.48 -0.73
Jun 2024 1553.7165930294113 0.53 -0.19
Jul 2024 1567.70310364071 0.90 1.10
Aug 2024 1574.6027025829073 0.44 2.80
Sep 2024 1571.437394897335 -0.20 3.27
Oct 2024 1575.1201140977416 0.23 4.20
Nov 2024 1579.160150820751 0.26 3.17
Dec 2024 1572.4817739660311 -0.42 0.95
Jan 2025 1575.1370660393081 0.17 1.12
Feb 2025 1580.18941954491 0.32 1.65
Mar 2025 1591.2441041941381 0.70 3.54
Apr 2025 1592.5453849971952 0.08 3.54
May 2025 1584.9053092896245 -0.48 2.55
Jun 2025 1582.2773118436162 -0.17 1.84
Jul 2025 1577.4356640780923 -0.31 0.62
Aug 2025 1585.4162932341424 0.51 0.69
Sep 2025 1596.6237767866915 0.71 1.60
Oct 2025 1601.3306966952075 0.30 1.66
Nov 2025 1593.6716679012998 -0.48 0.92
Dec 2025 1592.4306204986117 -0.08 1.27
Jan 2026 1591.9549951124145 -0.03 1.07