Zip Code: 48073 (Royal Oak, Michigan) - 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 48073 Zip Code (Royal Oak, Michigan) in January 2026 was $1,855.333. The month over month percentage change (MoM) was 1.17%, and the year over year percentage change (YoY) was 2.58%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 48073 zip code (Royal Oak, Michigan). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 48073 zip code (Royal Oak, Michigan).

You can see similar information for other Michigan 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: 48073 (Royal Oak, Michigan) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 48073 (Royal Oak, Michigan) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 133
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1083.271339451242 NaN NaN
Feb 2015 1111.1963552345082 2.58 NaN
Mar 2015 1119.028211641064 0.71 NaN
Apr 2015 1118.3233336600795 -0.06 NaN
May 2015 1109.2756097889464 -0.81 NaN
Jun 2015 1103.365786500639 -0.53 NaN
Jul 2015 1117.235646532328 1.26 NaN
Aug 2015 1118.8856738580641 0.15 NaN
Sep 2015 1125.3085298001897 0.57 NaN
Oct 2015 1115.0910718523678 -0.91 NaN
Nov 2015 1127.4844613041114 1.11 NaN
Dec 2015 1136.245084900756 0.78 NaN
Jan 2016 1145.3719066649508 0.80 5.73
Feb 2016 1144.2121446430262 -0.10 2.97
Mar 2016 1146.025319372223 0.16 2.41
Apr 2016 1162.1376390939365 1.41 3.92
May 2016 1168.96781996335 0.59 5.38
Jun 2016 1175.8346597613634 0.59 6.57
Jul 2016 1175.2479764918112 -0.05 5.19
Aug 2016 1184.554430832558 0.79 5.87
Sep 2016 1178.600386335683 -0.50 4.74
Oct 2016 1191.0730030196644 1.06 6.81
Nov 2016 1185.9526690339906 -0.43 5.19
Dec 2016 1189.264415306092 0.28 4.67
Jan 2017 1190.6631316034097 0.12 3.95
Feb 2017 1198.9067548625242 0.69 4.78
Mar 2017 1208.6456655482832 0.81 5.46
Apr 2017 1210.0163156270999 0.11 4.12
May 2017 1220.274456227082 0.85 4.39
Jun 2017 1231.3210090826897 0.91 4.72
Jul 2017 1249.3003982448154 1.46 6.30
Aug 2017 1265.3891130855118 1.29 6.82
Sep 2017 1275.9955575287831 0.84 8.26
Oct 2017 1280.5039613461502 0.35 7.51
Nov 2017 1284.8055810702733 0.34 8.34
Dec 2017 1289.152589775643 0.34 8.40
Jan 2018 1279.7422120726533 -0.73 7.48
Feb 2018 1271.6330362376732 -0.63 6.07
Mar 2018 1282.465539691942 0.85 6.11
Apr 2018 1293.0406799668924 0.83 6.86
May 2018 1282.9566801801059 -0.78 5.14
Jun 2018 1278.7415675435277 -0.33 3.85
Jul 2018 1281.095360752656 0.18 2.55
Aug 2018 1291.9026358451413 0.84 2.10
Sep 2018 1309.6457587417792 1.37 2.64
Oct 2018 1319.265368225335 0.74 3.03
Nov 2018 1328.1617433271126 0.67 3.38
Dec 2018 1327.5017479825856 -0.05 2.98
Jan 2019 1360.8554230993095 2.51 6.34
Feb 2019 1353.4119796366915 -0.55 6.43
Mar 2019 1353.1611777250578 -0.02 5.51
Apr 2019 1354.3748695200734 0.09 4.74
May 2019 1369.5736709293196 1.12 6.75
Jun 2019 1380.0221990067387 0.76 7.92
Jul 2019 1382.704393946901 0.19 7.93
Aug 2019 1377.9021191039897 -0.35 6.66
Sep 2019 1373.8717847093685 -0.29 4.90
Oct 2019 1375.9499672965364 0.15 4.30
Nov 2019 1381.7218788460088 0.42 4.03
Dec 2019 1393.0995041661201 0.82 4.94
Jan 2020 1384.8604193739006 -0.59 1.76
Feb 2020 1406.4838403979866 1.56 3.92
Mar 2020 1414.8546748344093 0.60 4.56
Apr 2020 1397.8128824005191 -1.20 3.21
May 2020 1371.4586541597073 -1.88 0.14
Jun 2020 1374.6754954376934 0.24 -0.39
Jul 2020 1404.9792558818378 2.20 1.61
Aug 2020 1408.8250827071656 0.27 2.24
Sep 2020 1413.00305139786 0.30 2.85
Oct 2020 1411.1162361264542 -0.13 2.56
Nov 2020 1418.9538568227133 0.56 2.70
Dec 2020 1452.6899659736519 2.38 4.28
Jan 2021 1452.9201144040924 0.02 4.92
Feb 2021 1463.4254827106176 0.72 4.05
Mar 2021 1448.4083155027554 -1.03 2.37
Apr 2021 1478.511718186843 2.08 5.77
May 2021 1493.4958101508082 1.01 8.90
Jun 2021 1506.0357791053905 0.84 9.56
Jul 2021 1501.1227563353305 -0.33 6.84
Aug 2021 1523.4203651794207 1.49 8.13
Sep 2021 1543.0125501112534 1.29 9.20
Oct 2021 1558.3194201390409 0.99 10.43
Nov 2021 1571.9602286046181 0.88 10.78
Dec 2021 1566.838235905895 -0.33 7.86
Jan 2022 1588.1752403145779 1.36 9.31
Feb 2022 1564.808624274438 -1.47 6.93
Mar 2022 1580.2472114835227 0.99 9.10
Apr 2022 1579.462043029178 -0.05 6.83
May 2022 1605.2618189853354 1.63 7.48
Jun 2022 1632.958041479626 1.73 8.43
Jul 2022 1636.20853707754 0.20 9.00
Aug 2022 1640.1011750187167 0.24 7.66
Sep 2022 1630.56266803698 -0.58 5.67
Oct 2022 1622.5672116387673 -0.49 4.12
Nov 2022 1626.0337760040338 0.21 3.44
Dec 2022 1628.0254648573502 0.12 3.91
Jan 2023 1636.7615910746067 0.54 3.06
Feb 2023 1648.6516421816445 0.73 5.36
Mar 2023 1665.8784886849198 1.05 5.42
Apr 2023 1688.4734558934954 1.36 6.90
May 2023 1690.8465673852927 0.14 5.33
Jun 2023 1683.0797787407678 -0.46 3.07
Jul 2023 1704.371161048823 1.26 4.17
Aug 2023 1713.874556211274 0.56 4.50
Sep 2023 1723.8179040112534 0.58 5.72
Oct 2023 1717.3069970204044 -0.38 5.84
Nov 2023 1719.652257277871 0.14 5.76
Dec 2023 1735.2173851978541 0.91 6.58
Jan 2024 1744.1392064393483 0.51 6.56
Feb 2024 1764.2069969389297 1.15 7.01
Mar 2024 1757.036692479163 -0.41 5.47
Apr 2024 1743.1518094493695 -0.79 3.24
May 2024 1736.4170150538923 -0.39 2.70
Jun 2024 1744.4133106599731 0.46 3.64
Jul 2024 1761.670895737063 0.99 3.36
Aug 2024 1771.188437264192 0.54 3.34
Sep 2024 1791.7433333275326 1.16 3.94
Oct 2024 1809.853837148052 1.01 5.39
Nov 2024 1813.4970151215707 0.20 5.46
Dec 2024 1831.0590758973772 0.97 5.52
Jan 2025 1808.717976220628 -1.22 3.70
Feb 2025 1807.735414177243 -0.05 2.47
Mar 2025 1816.8837715450752 0.51 3.41
Apr 2025 1830.3855230335912 0.74 5.00
May 2025 1843.095394126767 0.69 6.14
Jun 2025 1849.047009464628 0.32 6.00
Jul 2025 1838.5397480249871 -0.57 4.36
Aug 2025 1838.7380977955286 0.01 3.81
Sep 2025 1832.554397177153 -0.34 2.28
Oct 2025 1835.8022049448823 0.18 1.43
Nov 2025 1843.1028633564995 0.40 1.63
Dec 2025 1833.89592671265 -0.50 0.16
Jan 2026 1855.3333333333333 1.17 2.58