Zip Code: 40203 (Louisville, Kentucky) - 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 40203 Zip Code (Louisville, Kentucky) in January 2026 was $952.546. The month over month percentage change (MoM) was 0.27%, and the year over year percentage change (YoY) was 7.00%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 40203 zip code (Louisville, Kentucky). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 40203 zip code (Louisville, Kentucky).

You can see similar information for other Kentucky 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: 40203 (Louisville, Kentucky) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 40203 (Louisville, Kentucky) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 519.4162442172507 Infinity Infinity
Jul 2016 524.7864381093383 1.03 Infinity
Aug 2016 526.7033212501535 0.37 Infinity
Sep 2016 523.91848824718 -0.53 Infinity
Oct 2016 529.9626628826047 1.15 Infinity
Nov 2016 528.0405502940953 -0.36 Infinity
Dec 2016 531.9708562374965 0.74 Infinity
Jan 2017 524.6470844931074 -1.38 Infinity
Feb 2017 534.3264593529759 1.85 Infinity
Mar 2017 539.0500138743265 0.88 Infinity
Apr 2017 537.0780422074221 -0.37 Infinity
May 2017 529.0308747264779 -1.50 Infinity
Jun 2017 533.6487121245417 0.87 2.74
Jul 2017 546.494349469349 2.41 4.14
Aug 2017 556.6301467760642 1.86 5.68
Sep 2017 573.9241112375884 3.11 9.55
Oct 2017 571.4967072505796 -0.42 7.84
Nov 2017 579.3767677017111 1.38 9.72
Dec 2017 574.5053965752061 -0.84 8.00
Jan 2018 589.31420655911 2.58 12.33
Feb 2018 586.921221952126 -0.41 9.84
Mar 2018 580.4611485592505 -1.10 7.68
Apr 2018 581.9056917942335 0.25 8.35
May 2018 580.6559130590475 -0.21 9.76
Jun 2018 578.3440829541836 -0.40 8.38
Jul 2018 572.6913309679833 -0.98 4.79
Aug 2018 571.8277138652716 -0.15 2.73
Sep 2018 579.4812516634303 1.34 0.97
Oct 2018 583.0904508244424 0.62 2.03
Nov 2018 590.9581953940262 1.35 2.00
Dec 2018 581.4420487351264 -1.61 1.21
Jan 2019 593.8290274244935 2.13 0.77
Feb 2019 594.1022765792828 0.05 1.22
Mar 2019 600.909523802895 1.15 3.52
Apr 2019 606.3059993642954 0.90 4.19
May 2019 615.0616723869222 1.44 5.93
Jun 2019 621.9959387877744 1.13 7.55
Jul 2019 624.7247222211246 0.44 9.09
Aug 2019 625.9926993539856 0.20 9.47
Sep 2019 617.3149933459414 -1.39 6.53
Oct 2019 620.621377748578 0.54 6.44
Nov 2019 616.933838526286 -0.59 4.40
Dec 2019 631.4677992307606 2.36 8.60
Jan 2020 620.7557560924788 -1.70 4.53
Feb 2020 624.603452431822 0.62 5.13
Mar 2020 626.2366138789321 0.26 4.22
Apr 2020 634.0319033025454 1.25 4.57
May 2020 636.5736669510746 0.40 3.50
Jun 2020 631.7860510977717 -0.75 1.57
Jul 2020 638.2927950174474 1.03 2.17
Aug 2020 642.8102838833217 0.71 2.69
Sep 2020 645.8484687806738 0.47 4.62
Oct 2020 648.5624833553192 0.42 4.50
Nov 2020 648.9259396324816 0.06 5.19
Dec 2020 653.5148162064016 0.71 3.49
Jan 2021 662.9159286354113 1.44 6.79
Feb 2021 674.8801090967808 1.81 8.05
Mar 2021 669.2292828163306 -0.84 6.87
Apr 2021 663.4001980887741 -0.87 4.63
May 2021 661.0143685356419 -0.36 3.84
Jun 2021 667.2201091757643 0.94 5.61
Jul 2021 668.5111835485496 0.19 4.73
Aug 2021 669.4200792852881 0.14 4.14
Sep 2021 684.7766822374517 2.29 6.03
Oct 2021 695.0773835752819 1.50 7.17
Nov 2021 699.8918624846859 0.69 7.85
Dec 2021 700.4586270088904 0.08 7.18
Jan 2022 701.7808681195354 0.19 5.86
Feb 2022 704.8965727598495 0.44 4.45
Mar 2022 716.3347662579926 1.62 7.04
Apr 2022 724.8261508222924 1.19 9.26
May 2022 729.2350175074096 0.61 10.32
Jun 2022 727.9748572026502 -0.17 9.11
Jul 2022 736.2985786595891 1.14 10.14
Aug 2022 753.5390751543968 2.34 12.57
Sep 2022 760.0499605964471 0.86 10.99
Oct 2022 760.1760827784766 0.02 9.37
Nov 2022 771.0690659802648 1.43 10.17
Dec 2022 771.0296788620718 0.00 10.07
Jan 2023 772.6185944555156 0.21 10.09
Feb 2023 772.2144451148298 -0.05 9.55
Mar 2023 776.8421488256681 0.60 8.45
Apr 2023 796.9894065556832 2.59 9.96
May 2023 797.3999384610634 0.05 9.35
Jun 2023 804.2209780643146 0.86 10.47
Jul 2023 812.3068971741242 1.00 10.32
Aug 2023 821.3628622429082 1.12 9.00
Sep 2023 820.4396793087842 -0.11 7.95
Oct 2023 815.2612492640901 -0.63 7.25
Nov 2023 814.0681851590601 -0.15 5.58
Dec 2023 832.9529458683184 2.32 8.03
Jan 2024 851.6303731798442 2.24 10.23
Feb 2024 860.9901156573736 1.10 11.50
Mar 2024 856.3795644800641 -0.53 10.24
Apr 2024 842.688285050682 -1.60 5.73
May 2024 859.4333409926331 1.99 7.78
Jun 2024 869.6308419561258 1.19 8.13
Jul 2024 891.4671742364173 2.51 9.74
Aug 2024 879.6429126734243 -1.33 7.10
Sep 2024 881.1694879434453 0.17 7.40
Oct 2024 885.7198711593761 0.52 8.64
Nov 2024 889.5247695736423 0.43 9.27
Dec 2024 889.6583794895738 0.02 6.81
Jan 2025 890.2394578116534 0.07 4.53
Feb 2025 894.3815092745886 0.47 3.88
Mar 2025 905.4615257930425 1.24 5.73
Apr 2025 916.2736021370125 1.19 8.73
May 2025 914.1741791135653 -0.23 6.37
Jun 2025 915.162937001298 0.11 5.24
Jul 2025 904.4903555408823 -1.17 1.46
Aug 2025 917.4410544654255 1.43 4.30
Sep 2025 927.5318465122409 1.10 5.26
Oct 2025 939.1573302485345 1.25 6.03
Nov 2025 947.1371259274833 0.85 6.48
Dec 2025 949.9997837952448 0.30 6.78
Jan 2026 952.5462962962962 0.27 7.00