Zip Code: 40503 (Lexington, 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 40503 Zip Code (Lexington, Kentucky) in January 2026 was $1,700.106. The month over month percentage change (MoM) was 0.80%, and the year over year percentage change (YoY) was 6.85%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 40503 zip code (Lexington, Kentucky). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 40503 zip code (Lexington, 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: 40503 (Lexington, Kentucky) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 40503 (Lexington, Kentucky) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 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 904.6532221118844 Infinity Infinity
Apr 2017 904.1741832042824 -0.05 Infinity
May 2017 881.322589184517 -2.53 Infinity
Jun 2017 889.6190074818236 0.94 Infinity
Jul 2017 897.1671767200951 0.85 Infinity
Aug 2017 910.2572960137229 1.46 Infinity
Sep 2017 920.4454055931344 1.12 Infinity
Oct 2017 927.535108555961 0.77 Infinity
Nov 2017 946.5878950445659 2.05 Infinity
Dec 2017 936.1234292189001 -1.10 Infinity
Jan 2018 937.5190313981666 0.15 Infinity
Feb 2018 940.2237588188384 0.29 Infinity
Mar 2018 954.3661067765071 1.50 5.50
Apr 2018 967.0918862192458 1.33 6.96
May 2018 983.2911152460791 1.68 11.57
Jun 2018 978.9187290843522 -0.44 10.04
Jul 2018 977.6386300501988 -0.13 8.97
Aug 2018 966.6975162695677 -1.12 6.20
Sep 2018 972.5932753311267 0.61 5.67
Oct 2018 980.446037379154 0.81 5.70
Nov 2018 986.4999814182756 0.62 4.22
Dec 2018 988.6079607358123 0.21 5.61
Jan 2019 993.219126697997 0.47 5.94
Feb 2019 999.5349883851151 0.64 6.31
Mar 2019 999.4397248773658 -0.01 4.72
Apr 2019 996.6529222416073 -0.28 3.06
May 2019 1002.4469434974529 0.58 1.95
Jun 2019 1013.2034664245097 1.07 3.50
Jul 2019 1020.4947898070839 0.72 4.38
Aug 2019 1030.7576345433863 1.01 6.63
Sep 2019 1025.579890488069 -0.50 5.45
Oct 2019 1024.5658161146266 -0.10 4.50
Nov 2019 1015.8057904052023 -0.85 2.97
Dec 2019 1023.3593599120735 0.74 3.52
Jan 2020 1022.621540549344 -0.07 2.96
Feb 2020 1021.9015028351898 -0.07 2.24
Mar 2020 1039.573738751999 1.73 4.02
Apr 2020 1059.1876408001433 1.89 6.27
May 2020 1051.7441292894575 -0.70 4.92
Jun 2020 1047.1254039768874 -0.44 3.35
Jul 2020 1058.194320067882 1.06 3.69
Aug 2020 1065.9045259848672 0.73 3.41
Sep 2020 1076.494183195644 0.99 4.96
Oct 2020 1067.851092711561 -0.80 4.22
Nov 2020 1088.968392497035 1.98 7.20
Dec 2020 1092.0779845621162 0.29 6.72
Jan 2021 1111.3779052561513 1.77 8.68
Feb 2021 1125.5054782157038 1.27 10.14
Mar 2021 1135.0043618613856 0.84 9.18
Apr 2021 1138.499239994549 0.31 7.49
May 2021 1154.179478145328 1.38 9.74
Jun 2021 1179.274182873389 2.17 12.62
Jul 2021 1202.710066452459 1.99 13.66
Aug 2021 1223.2775273664515 1.71 14.76
Sep 2021 1237.7011814735233 1.18 14.98
Oct 2021 1263.7107935179192 2.10 18.34
Nov 2021 1277.6916523091782 1.11 17.33
Dec 2021 1275.3625624409563 -0.18 16.78
Jan 2022 1273.0003176187015 -0.18 14.54
Feb 2022 1269.0142093939648 -0.31 12.75
Mar 2022 1287.3709212852227 1.45 13.42
Apr 2022 1299.4444435095716 0.94 14.14
May 2022 1332.4595270902082 2.54 15.45
Jun 2022 1349.4377830692235 1.27 14.43
Jul 2022 1359.2702053467644 0.73 13.02
Aug 2022 1370.3279776676638 0.81 12.02
Sep 2022 1391.4232587979857 1.54 12.42
Oct 2022 1408.654889679234 1.24 11.47
Nov 2022 1412.609181659759 0.28 10.56
Dec 2022 1441.3237541416604 2.03 13.01
Jan 2023 1461.77401667216 1.42 14.83
Feb 2023 1468.9595057994952 0.49 15.76
Mar 2023 1470.1036981864675 0.08 14.19
Apr 2023 1490.7018842347418 1.40 14.72
May 2023 1489.4928647800969 -0.08 11.79
Jun 2023 1484.5969646783658 -0.33 10.02
Jul 2023 1465.7440559649901 -1.27 7.83
Aug 2023 1463.070245433326 -0.18 6.77
Sep 2023 1458.2943335620473 -0.33 4.81
Oct 2023 1448.223740014693 -0.69 2.81
Nov 2023 1456.7570751069334 0.59 3.13
Dec 2023 1460.374217917445 0.25 1.32
Jan 2024 1487.675212936885 1.87 1.77
Feb 2024 1501.0415060243479 0.90 2.18
Mar 2024 1514.7286595827584 0.91 3.04
Apr 2024 1507.8867823278051 -0.45 1.15
May 2024 1529.2482217408144 1.42 2.67
Jun 2024 1545.127514986456 1.04 4.08
Jul 2024 1577.2464500413876 2.08 7.61
Aug 2024 1589.2328798745775 0.76 8.62
Sep 2024 1593.6486113003537 0.28 9.28
Oct 2024 1602.999884550223 0.59 10.69
Nov 2024 1589.4756966480973 -0.84 9.11
Dec 2024 1602.2559512819075 0.80 9.72
Jan 2025 1591.176012217177 -0.69 6.96
Feb 2025 1596.375601570607 0.33 6.35
Mar 2025 1599.9848845004312 0.23 5.63
Apr 2025 1612.371852438258 0.77 6.93
May 2025 1608.1869666792368 -0.26 5.16
Jun 2025 1614.0034731328756 0.36 4.46
Jul 2025 1616.1924558000633 0.14 2.47
Aug 2025 1626.0272412732631 0.61 2.32
Sep 2025 1640.9978969440563 0.92 2.97
Oct 2025 1655.6564547657722 0.89 3.29
Nov 2025 1682.3341181355315 1.61 5.84
Dec 2025 1686.7020939776487 0.26 5.27
Jan 2026 1700.1060606060607 0.80 6.85