Zip Code: 55124 (Apple Valley, Minnesota) - 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 55124 Zip Code (Apple Valley, Minnesota) in January 2026 was $1,940.408. The month over month percentage change (MoM) was 0.24%, and the year over year percentage change (YoY) was 4.12%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 55124 zip code (Apple Valley, Minnesota). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 55124 zip code (Apple Valley, Minnesota).

You can see similar information for other Minnesota 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: 55124 (Apple Valley, Minnesota) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 55124 (Apple Valley, Minnesota) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 0 NaN NaN
May 2017 0 NaN NaN
Jun 2017 0 NaN NaN
Jul 2017 0 NaN NaN
Aug 2017 0 NaN NaN
Sep 2017 0 NaN NaN
Oct 2017 0 NaN NaN
Nov 2017 0 NaN NaN
Dec 2017 0 NaN NaN
Jan 2018 0 NaN NaN
Feb 2018 1351.4803464965582 Infinity Infinity
Mar 2018 1338.1936057267255 -0.98 Infinity
Apr 2018 1352.5074747088795 1.07 Infinity
May 2018 1334.8145797441066 -1.31 Infinity
Jun 2018 1338.54902094961 0.28 Infinity
Jul 2018 1348.2406708497383 0.72 Infinity
Aug 2018 1377.8536883329004 2.20 Infinity
Sep 2018 1388.1306674898253 0.75 Infinity
Oct 2018 1393.8434669237422 0.41 Infinity
Nov 2018 1394.4786931226597 0.05 Infinity
Dec 2018 1385.0893352239116 -0.67 Infinity
Jan 2019 1386.0536098351115 0.07 Infinity
Feb 2019 1399.2662640574172 0.95 3.54
Mar 2019 1420.2530695296298 1.50 6.13
Apr 2019 1417.914850242623 -0.16 4.84
May 2019 1435.869070465188 1.27 7.57
Jun 2019 1436.657303396026 0.06 7.33
Jul 2019 1442.249893280116 0.39 6.97
Aug 2019 1434.6898915274576 -0.52 4.13
Sep 2019 1439.438665046038 0.33 3.70
Oct 2019 1439.7619490098311 0.02 3.29
Nov 2019 1442.1002769890752 0.16 3.42
Dec 2019 1459.2340334128337 1.19 5.35
Jan 2020 1480.808013751156 1.48 6.84
Feb 2020 1486.6655018483814 0.40 6.25
Mar 2020 1489.1016572212804 0.16 4.85
Apr 2020 1488.2350302087234 -0.06 4.96
May 2020 1507.2173447109878 1.27 4.97
Jun 2020 1509.624082078189 0.16 5.08
Jul 2020 1523.1152344316135 0.89 5.61
Aug 2020 1520.6367201766134 -0.16 5.99
Sep 2020 1531.669782317177 0.73 6.41
Oct 2020 1531.0766410847034 -0.04 6.34
Nov 2020 1537.6336203035403 0.43 6.63
Dec 2020 1541.4761426364973 0.25 5.64
Jan 2021 1553.9555346642007 0.81 4.94
Feb 2021 1567.2191436303078 0.85 5.42
Mar 2021 1564.8708206396686 -0.15 5.09
Apr 2021 1565.651893509687 0.05 5.20
May 2021 1564.80398685435 -0.05 3.82
Jun 2021 1577.0435680570308 0.78 4.47
Jul 2021 1592.214086303248 0.96 4.54
Aug 2021 1616.469865392802 1.52 6.30
Sep 2021 1633.1008783335178 1.03 6.62
Oct 2021 1651.4732943636968 1.13 7.86
Nov 2021 1660.2736230632083 0.53 7.98
Dec 2021 1675.362255161388 0.91 8.69
Jan 2022 1668.9478882546239 -0.38 7.40
Feb 2022 1665.3622381305424 -0.21 6.26
Mar 2022 1661.2745744224387 -0.24 6.16
Apr 2022 1673.279126414589 0.72 6.87
May 2022 1688.906436676294 0.93 7.93
Jun 2022 1690.3719420321968 0.09 7.19
Jul 2022 1693.14650621136 0.16 6.34
Aug 2022 1696.7477139402015 0.21 4.97
Sep 2022 1698.8326934070328 0.12 4.03
Oct 2022 1704.9995275643728 0.36 3.24
Nov 2022 1710.1233017460215 0.30 3.00
Dec 2022 1724.7045730555622 0.85 2.95
Jan 2023 1730.588662546486 0.34 3.69
Feb 2023 1741.599013360364 0.64 4.58
Mar 2023 1748.7199927361135 0.41 5.26
Apr 2023 1766.4929796751505 1.02 5.57
May 2023 1761.7177084914688 -0.27 4.31
Jun 2023 1763.5364220796512 0.10 4.33
Jul 2023 1766.8481740719985 0.19 4.35
Aug 2023 1776.7728106699028 0.56 4.72
Sep 2023 1786.044486377513 0.52 5.13
Oct 2023 1782.1321018127044 -0.22 4.52
Nov 2023 1783.9075188991685 0.10 4.32
Dec 2023 1779.9776989581846 -0.22 3.21
Jan 2024 1787.2963400026542 0.41 3.28
Feb 2024 1797.0729179351742 0.55 3.19
Mar 2024 1805.8853921325835 0.49 3.27
Apr 2024 1805.1877827541023 -0.04 2.19
May 2024 1811.0615344576354 0.33 2.80
Jun 2024 1827.3897004478724 0.90 3.62
Jul 2024 1836.8462141980012 0.52 3.96
Aug 2024 1836.386050566665 -0.02 3.36
Sep 2024 1828.0402721492233 -0.45 2.35
Oct 2024 1842.68183959464 0.80 3.40
Nov 2024 1844.1680915838492 0.08 3.38
Dec 2024 1854.9544179022885 0.59 4.21
Jan 2025 1863.5523089560697 0.46 4.27
Feb 2025 1864.9456509839451 0.08 3.78
Mar 2025 1869.8171015397893 0.26 3.54
Apr 2025 1873.4180440651019 0.19 3.78
May 2025 1882.5374536752963 0.49 3.95
Jun 2025 1882.9694543836765 0.02 3.04
Jul 2025 1887.9838327693965 0.27 2.78
Aug 2025 1897.0836693962283 0.48 3.31
Sep 2025 1913.3931548400012 0.86 4.67
Oct 2025 1917.531012422803 0.22 4.06
Nov 2025 1929.8105048554378 0.64 4.64
Dec 2025 1935.7140823233087 0.31 4.35
Jan 2026 1940.4083333333335 0.24 4.12