Zip Code: 55403 (Minneapolis, 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 55403 Zip Code (Minneapolis, Minnesota) in January 2026 was $1,413.622. The month over month percentage change (MoM) was 0.37%, and the year over year percentage change (YoY) was 6.32%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 55403 zip code (Minneapolis, Minnesota). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 55403 zip code (Minneapolis, 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: 55403 (Minneapolis, Minnesota) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 55403 (Minneapolis, Minnesota) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 1109.8656998434801 Infinity Infinity
Jun 2016 1107.0256127738683 -0.26 Infinity
Jul 2016 1110.693524050857 0.33 Infinity
Aug 2016 1103.3841068036536 -0.66 Infinity
Sep 2016 1119.074228044768 1.42 Infinity
Oct 2016 1128.4722761139228 0.84 Infinity
Nov 2016 1135.269523901337 0.60 Infinity
Dec 2016 1144.5756773825285 0.82 Infinity
Jan 2017 1172.3563688623867 2.43 Infinity
Feb 2017 1214.638498734796 3.61 Infinity
Mar 2017 1211.5152448626745 -0.26 Infinity
Apr 2017 1186.3209337301769 -2.08 Infinity
May 2017 1145.9886625864729 -3.40 3.26
Jun 2017 1153.5087705602152 0.66 4.20
Jul 2017 1176.8491290784077 2.02 5.96
Aug 2017 1190.197991187704 1.13 7.87
Sep 2017 1192.0072788291845 0.15 6.52
Oct 2017 1201.2013256787698 0.77 6.45
Nov 2017 1203.0029970740347 0.15 5.97
Dec 2017 1218.523020223209 1.29 6.46
Jan 2018 1216.452204162153 -0.17 3.76
Feb 2018 1228.6880607050734 1.01 1.16
Mar 2018 1192.184477174534 -2.97 -1.60
Apr 2018 1180.7889832092603 -0.96 -0.47
May 2018 1172.0543398959617 -0.74 2.28
Jun 2018 1183.139286905564 0.95 2.57
Jul 2018 1184.7389761260024 0.14 0.67
Aug 2018 1185.2010868754717 0.04 -0.42
Sep 2018 1177.9167540712642 -0.61 -1.18
Oct 2018 1169.1770289903243 -0.74 -2.67
Nov 2018 1186.9773928981947 1.52 -1.33
Dec 2018 1199.411027953183 1.05 -1.57
Jan 2019 1204.597232482697 0.43 -0.97
Feb 2019 1186.5644064211986 -1.50 -3.43
Mar 2019 1222.476595601222 3.03 2.54
Apr 2019 1245.919397443291 1.92 5.52
May 2019 1274.5611390197673 2.30 8.75
Jun 2019 1271.9095663491162 -0.21 7.50
Jul 2019 1267.4878479032602 -0.35 6.99
Aug 2019 1270.6371486232188 0.25 7.21
Sep 2019 1281.0175077716196 0.82 8.75
Oct 2019 1290.6832357630105 0.76 10.39
Nov 2019 1282.912387230831 -0.60 8.08
Dec 2019 1272.4066652411475 -0.82 6.09
Jan 2020 1272.9386164510504 0.04 5.67
Feb 2020 1280.9113569710912 0.63 7.95
Mar 2020 1280.7868837487958 -0.01 4.77
Apr 2020 1265.1182302164157 -1.22 1.54
May 2020 1248.8152535263146 -1.29 -2.02
Jun 2020 1240.9992608800212 -0.63 -2.43
Jul 2020 1248.066585600733 0.57 -1.53
Aug 2020 1244.3952624126327 -0.29 -2.06
Sep 2020 1247.913672956301 0.28 -2.58
Oct 2020 1224.933374849202 -1.84 -5.09
Nov 2020 1209.470661019979 -1.26 -5.72
Dec 2020 1190.4201393552917 -1.57 -6.44
Jan 2021 1180.9690616471673 -0.79 -7.22
Feb 2021 1187.317366144988 0.54 -7.31
Mar 2021 1187.4913178951463 0.02 -7.28
Apr 2021 1195.6879248040357 0.69 -5.49
May 2021 1196.2892888628578 0.05 -4.21
Jun 2021 1204.8994375435907 0.72 -2.91
Jul 2021 1206.7936986393916 0.16 -3.31
Aug 2021 1203.7989437975184 -0.25 -3.26
Sep 2021 1213.4315074246974 0.80 -2.76
Oct 2021 1223.0478482028202 0.79 -0.15
Nov 2021 1237.7255456141697 1.20 2.34
Dec 2021 1259.6915160293113 1.78 5.82
Jan 2022 1273.4733864262378 1.09 7.83
Feb 2022 1245.1895400361743 -2.22 4.87
Mar 2022 1227.7911032529034 -1.40 3.39
Apr 2022 1219.4201741699387 -0.68 1.99
May 2022 1250.1296587846023 2.52 4.50
Jun 2022 1257.3655190670981 0.58 4.35
Jul 2022 1258.9009886440915 0.12 4.32
Aug 2022 1273.9595827520207 1.20 5.83
Sep 2022 1264.4248656113557 -0.75 4.20
Oct 2022 1269.87123569673 0.43 3.83
Nov 2022 1270.3878971651686 0.04 2.64
Dec 2022 1281.8055667869905 0.90 1.76
Jan 2023 1271.4063205048853 -0.81 -0.16
Feb 2023 1272.969697431785 0.12 2.23
Mar 2023 1270.8137119600283 -0.17 3.50
Apr 2023 1282.290351991003 0.90 5.16
May 2023 1267.396118778321 -1.16 1.38
Jun 2023 1259.6798101516326 -0.61 0.18
Jul 2023 1257.6763766633665 -0.16 -0.10
Aug 2023 1255.52800191044 -0.17 -1.45
Sep 2023 1256.2438763955915 0.06 -0.65
Oct 2023 1258.8279151404233 0.21 -0.87
Nov 2023 1261.707943072039 0.23 -0.68
Dec 2023 1264.5862877159382 0.23 -1.34
Jan 2024 1269.7710473558468 0.41 -0.13
Feb 2024 1291.7938024364096 1.73 1.48
Mar 2024 1303.2338494369606 0.89 2.55
Apr 2024 1304.3816312476781 0.09 1.72
May 2024 1308.5557231243295 0.32 3.25
Jun 2024 1312.2915754866174 0.28 4.18
Jul 2024 1319.7600508409676 0.57 4.94
Aug 2024 1312.4646100100756 -0.55 4.54
Sep 2024 1320.5265764799117 0.61 5.12
Oct 2024 1317.8981508522647 -0.20 4.69
Nov 2024 1317.636569857996 -0.02 4.43
Dec 2024 1318.4935684357276 0.07 4.26
Jan 2025 1329.576253429945 0.84 4.71
Feb 2025 1324.99336761864 -0.34 2.57
Mar 2025 1329.1688159973219 0.32 1.99
Apr 2025 1333.1625298539252 0.30 2.21
May 2025 1340.2774592080004 0.53 2.42
Jun 2025 1349.5061377111933 0.69 2.84
Jul 2025 1354.9840469775704 0.41 2.67
Aug 2025 1369.7564700084633 1.09 4.37
Sep 2025 1376.4777181366974 0.49 4.24
Oct 2025 1388.0891431512537 0.84 5.33
Nov 2025 1399.4472181484286 0.82 6.21
Dec 2025 1408.3849804937788 0.64 6.82
Jan 2026 1413.6223893065999 0.37 6.32