Zip Code: 40509 (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 40509 Zip Code (Lexington, Kentucky) in January 2026 was $1,588.948. The month over month percentage change (MoM) was 0.74%, and the year over year percentage change (YoY) was 5.89%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 40509 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 40509 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: 40509 (Lexington, Kentucky) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 40509 (Lexington, Kentucky) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 133
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 0 NaN NaN
Feb 2015 0 NaN NaN
Mar 2015 917.9231390456703 Infinity NaN
Apr 2015 924.5846026562816 0.73 NaN
May 2015 924.3734229112407 -0.02 NaN
Jun 2015 928.4979805517416 0.45 NaN
Jul 2015 921.2356226314585 -0.78 NaN
Aug 2015 922.75300341715 0.17 NaN
Sep 2015 921.3147438728157 -0.16 NaN
Oct 2015 926.5080211917733 0.56 NaN
Nov 2015 932.1289592800106 0.61 NaN
Dec 2015 936.8547150322426 0.51 NaN
Jan 2016 942.765026775767 0.63 Infinity
Feb 2016 938.3722377434183 -0.47 Infinity
Mar 2016 936.7930162484644 -0.17 2.06
Apr 2016 940.0014226201554 0.34 1.67
May 2016 944.4490731082003 0.47 2.17
Jun 2016 947.5241646530435 0.33 2.05
Jul 2016 950.7745198206776 0.34 3.21
Aug 2016 952.840502394579 0.22 3.26
Sep 2016 964.8228413711533 1.26 4.72
Oct 2016 974.5812457635503 1.01 5.19
Nov 2016 977.3076215930483 0.28 4.85
Dec 2016 976.8450418764213 -0.05 4.27
Jan 2017 970.2943196367222 -0.67 2.92
Feb 2017 974.2625450233152 0.41 3.83
Mar 2017 977.0290271169421 0.28 4.30
Apr 2017 979.3761494231055 0.24 4.19
May 2017 981.1883543313985 0.19 3.89
Jun 2017 985.7839785925012 0.47 4.04
Jul 2017 993.0875114634525 0.74 4.45
Aug 2017 995.9642732013428 0.29 4.53
Sep 2017 987.5297629762423 -0.85 2.35
Oct 2017 980.371515175471 -0.72 0.59
Nov 2017 981.5607781066302 0.12 0.44
Dec 2017 998.2169661274728 1.70 2.19
Jan 2018 1003.9241685515744 0.57 3.47
Feb 2018 1012.0871032945694 0.81 3.88
Mar 2018 1007.5886611637252 -0.44 3.13
Apr 2018 1008.4485567775472 0.09 2.97
May 2018 1006.9417038604804 -0.15 2.63
Jun 2018 1007.0389336726408 0.01 2.16
Jul 2018 1009.9371420448432 0.29 1.70
Aug 2018 1007.0866963242835 -0.28 1.12
Sep 2018 1008.5253044797788 0.14 2.13
Oct 2018 1005.361748547802 -0.31 2.55
Nov 2018 1008.7819838931727 0.34 2.77
Dec 2018 1002.3584998455623 -0.64 0.42
Jan 2019 1011.7496123612935 0.94 0.78
Feb 2019 1017.6582939339193 0.58 0.55
Mar 2019 1026.4473952648216 0.86 1.87
Apr 2019 1030.4652760229778 0.39 2.18
May 2019 1036.3443250434093 0.57 2.92
Jun 2019 1039.761740271222 0.33 3.25
Jul 2019 1039.961546475698 0.02 2.97
Aug 2019 1046.6148096052555 0.64 3.93
Sep 2019 1053.529602378734 0.66 4.46
Oct 2019 1063.685730589226 0.96 5.80
Nov 2019 1066.111184330146 0.23 5.68
Dec 2019 1069.051419736244 0.28 6.65
Jan 2020 1066.2035625528908 -0.27 5.38
Feb 2020 1062.9772849475883 -0.30 4.45
Mar 2020 1053.813387951644 -0.86 2.67
Apr 2020 1048.0655088447606 -0.55 1.71
May 2020 1043.910157830782 -0.40 0.73
Jun 2020 1050.510158585462 0.63 1.03
Jul 2020 1053.9080396323413 0.32 1.34
Aug 2020 1065.3743009172988 1.09 1.79
Sep 2020 1073.20565690836 0.74 1.87
Oct 2020 1079.9436666392226 0.63 1.53
Nov 2020 1085.1416453127074 0.48 1.79
Dec 2020 1087.883149849469 0.25 1.76
Jan 2021 1095.6357656229084 0.71 2.76
Feb 2021 1109.1847205606834 1.24 4.35
Mar 2021 1128.7372461028792 1.76 7.11
Apr 2021 1143.0566919191897 1.27 9.06
May 2021 1166.8775040965918 2.08 11.78
Jun 2021 1180.9307654343336 1.20 12.42
Jul 2021 1204.649732873771 2.01 14.30
Aug 2021 1214.5389778122185 0.82 14.00
Sep 2021 1222.8620497305287 0.69 13.95
Oct 2021 1232.4550191534136 0.78 14.12
Nov 2021 1243.193702169709 0.87 14.57
Dec 2021 1255.698986453202 1.01 15.43
Jan 2022 1261.7945530153015 0.49 15.17
Feb 2022 1266.229616901426 0.35 14.16
Mar 2022 1281.1459825860047 1.18 13.50
Apr 2022 1299.5147693870508 1.43 13.69
May 2022 1307.9483001999617 0.65 12.09
Jun 2022 1316.2126620230197 0.63 11.46
Jul 2022 1319.0637787138485 0.22 9.50
Aug 2022 1320.9231967702522 0.14 8.76
Sep 2022 1317.2398234433247 -0.28 7.72
Oct 2022 1317.036551702477 -0.01 6.86
Nov 2022 1334.9637812999974 1.36 7.38
Dec 2022 1359.8364215800657 1.86 8.29
Jan 2023 1382.1584605986961 1.64 9.54
Feb 2023 1392.4464576394187 0.74 9.97
Mar 2023 1389.176985320186 -0.23 8.43
Apr 2023 1390.2111748154305 0.07 6.98
May 2023 1392.9943787116968 0.20 6.50
Jun 2023 1393.5724261579828 0.04 5.88
Jul 2023 1397.4772360950838 0.28 5.95
Aug 2023 1401.6871893117986 0.30 6.11
Sep 2023 1422.835959665213 1.51 8.02
Oct 2023 1427.5626282242863 0.33 8.39
Nov 2023 1437.2395011606209 0.68 7.66
Dec 2023 1428.5020678652886 -0.61 5.05
Jan 2024 1426.561179422475 -0.14 3.21
Feb 2024 1413.5024073726593 -0.91 1.51
Mar 2024 1414.7906098854437 0.09 1.84
Apr 2024 1429.1498286896883 1.01 2.80
May 2024 1441.5095113237976 0.87 3.48
Jun 2024 1467.0595668492995 1.77 5.27
Jul 2024 1475.6115474423766 0.58 5.59
Aug 2024 1481.02067552225 0.37 5.66
Sep 2024 1479.0624554191586 -0.13 3.95
Oct 2024 1488.5979083395387 0.65 4.28
Nov 2024 1494.2713125238233 0.38 3.97
Dec 2024 1498.8239851729068 0.31 4.92
Jan 2025 1500.5437199438354 0.12 5.19
Feb 2025 1520.8130078326003 1.35 7.59
Mar 2025 1534.1231456523726 0.88 8.44
Apr 2025 1534.1637453964943 0.00 7.35
May 2025 1536.8984482798467 0.18 6.62
Jun 2025 1530.6758164799849 -0.40 4.34
Jul 2025 1537.2533405646307 0.43 4.18
Aug 2025 1546.8866830222591 0.63 4.45
Sep 2025 1554.9943412645373 0.52 5.13
Oct 2025 1561.808904774188 0.44 4.92
Nov 2025 1565.234655965309 0.22 4.75
Dec 2025 1577.263399867928 0.77 5.23
Jan 2026 1588.9481792717088 0.74 5.89