Zip Code: 40508 (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 40508 Zip Code (Lexington, Kentucky) in January 2026 was $1,201.127. The month over month percentage change (MoM) was 0.47%, and the year over year percentage change (YoY) was 10.84%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 40508 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 40508 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: 40508 (Lexington, Kentucky) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 40508 (Lexington, Kentucky) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 0 NaN NaN
Apr 2017 733.1192053311554 Infinity Infinity
May 2017 730.8753484723203 -0.31 Infinity
Jun 2017 719.169557035493 -1.60 Infinity
Jul 2017 729.8104889099696 1.48 Infinity
Aug 2017 733.4859859322385 0.50 Infinity
Sep 2017 758.8031461601066 3.45 Infinity
Oct 2017 771.9744097725232 1.74 Infinity
Nov 2017 765.9535746399997 -0.78 Infinity
Dec 2017 0 -100.00 NaN
Jan 2018 738.5660359499357 Infinity Infinity
Feb 2018 753.8656061764967 2.07 Infinity
Mar 2018 766.1821656173122 1.63 Infinity
Apr 2018 760.2794832372101 -0.77 3.71
May 2018 762.633749863636 0.31 4.35
Jun 2018 773.3203944212275 1.40 7.53
Jul 2018 774.8055265854825 0.19 6.17
Aug 2018 769.3086206975873 -0.71 4.88
Sep 2018 757.5928299139298 -1.52 -0.16
Oct 2018 763.9936099035681 0.85 -1.03
Nov 2018 767.9840669636577 0.52 0.27
Dec 2018 787.3105397849047 2.52 Infinity
Jan 2019 780.5384048069142 -0.86 5.68
Feb 2019 784.1169158674464 0.46 4.01
Mar 2019 779.2671097896244 -0.62 1.71
Apr 2019 785.8433019265221 0.84 3.36
May 2019 787.527290401777 0.21 3.26
Jun 2019 784.6373179124101 -0.37 1.46
Jul 2019 785.4513622184252 0.10 1.37
Aug 2019 791.2410712537518 0.74 2.85
Sep 2019 789.7089781197809 -0.19 4.24
Oct 2019 785.5679193732601 -0.52 2.82
Nov 2019 788.1594126261115 0.33 2.63
Dec 2019 790.043604718626 0.24 0.35
Jan 2020 797.0785140978774 0.89 2.12
Feb 2020 789.5729028727673 -0.94 0.70
Mar 2020 817.1255683245574 3.49 4.86
Apr 2020 817.5462776162057 0.05 4.03
May 2020 819.3767546376838 0.22 4.04
Jun 2020 813.7790627375763 -0.68 3.71
Jul 2020 814.8188161739535 0.13 3.74
Aug 2020 820.3924606321135 0.68 3.68
Sep 2020 819.5569199813393 -0.10 3.78
Oct 2020 825.503357332407 0.73 5.08
Nov 2020 834.1993477967834 1.05 5.84
Dec 2020 850.399920042968 1.94 7.64
Jan 2021 855.2912913100571 0.57 7.30
Feb 2021 851.3120484467299 -0.46 7.82
Mar 2021 835.3065021076052 -1.88 2.23
Apr 2021 842.1888172902517 0.82 3.01
May 2021 853.5673811469022 1.35 4.17
Jun 2021 869.1991087662298 1.83 6.81
Jul 2021 872.6638409123647 0.40 7.10
Aug 2021 877.5041318390561 0.56 6.96
Sep 2021 884.4311838136366 0.79 7.92
Oct 2021 889.3411712907248 0.56 7.73
Nov 2021 895.5834951858927 0.70 7.36
Dec 2021 898.5628987532252 0.33 5.66
Jan 2022 899.2047440855292 0.07 5.13
Feb 2022 909.4822481068679 1.14 6.83
Mar 2022 917.8013258822851 0.92 9.88
Apr 2022 932.4414279844436 1.60 10.72
May 2022 933.0233279701743 0.06 9.31
Jun 2022 938.2068601100384 0.56 7.94
Jul 2022 950.0351492745241 1.26 8.87
Aug 2022 960.0486411188688 1.05 9.41
Sep 2022 968.4745517234762 0.88 9.50
Oct 2022 969.8500368825436 0.14 9.05
Nov 2022 966.4793354622017 -0.35 7.92
Dec 2022 966.48279186165 0.00 7.56
Jan 2023 975.4415808442296 0.93 8.48
Feb 2023 983.7301402670296 0.85 8.16
Mar 2023 995.4998035768136 1.20 8.47
Apr 2023 994.2945623728945 -0.12 6.63
May 2023 1011.1380284749507 1.69 8.37
Jun 2023 1013.7497046508987 0.26 8.05
Jul 2023 1012.5012804398857 -0.12 6.58
Aug 2023 1009.2146918168701 -0.32 5.12
Sep 2023 1005.1458831566911 -0.40 3.79
Oct 2023 1008.2410240081674 0.31 3.96
Nov 2023 1014.8367837187768 0.65 5.00
Dec 2023 1030.550854457426 1.55 6.63
Jan 2024 1042.933767561232 1.20 6.92
Feb 2024 1059.9262140650417 1.63 7.75
Mar 2024 1063.5824923005248 0.35 6.84
Apr 2024 1063.3512927171482 -0.02 6.95
May 2024 1050.6023331055676 -1.20 3.90
Jun 2024 1054.7877807233433 0.40 4.05
Jul 2024 1061.8918676034677 0.67 4.88
Aug 2024 1062.9850761749763 0.10 5.33
Sep 2024 1056.5356523329035 -0.61 5.11
Oct 2024 1067.7390557278788 1.06 5.90
Nov 2024 1084.3159414188922 1.55 6.85
Dec 2024 1074.9107511451841 -0.87 4.30
Jan 2025 1083.6789422406093 0.82 3.91
Feb 2025 1077.5756805568249 -0.56 1.67
Mar 2025 1081.6380057151741 0.38 1.70
Apr 2025 1093.5645600346309 1.10 2.84
May 2025 1109.5861794055986 1.47 5.61
Jun 2025 1119.2213400981047 0.87 6.11
Jul 2025 1127.9309674713547 0.78 6.22
Aug 2025 1143.3678993893184 1.37 7.56
Sep 2025 1166.1593164273281 1.99 10.38
Oct 2025 1173.2636424021146 0.61 9.88
Nov 2025 1175.9813383339683 0.23 8.45
Dec 2025 1195.4765686290796 1.66 11.22
Jan 2026 1201.1274509803923 0.47 10.84