Zip Code: 55404 (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 55404 Zip Code (Minneapolis, Minnesota) in January 2026 was $1,405.793. The month over month percentage change (MoM) was -1.10%, and the year over year percentage change (YoY) was -0.84%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 55404 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 55404 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: 55404 (Minneapolis, Minnesota) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 55404 (Minneapolis, Minnesota) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 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 0 NaN NaN
Mar 2018 0 NaN NaN
Apr 2018 0 NaN NaN
May 2018 0 NaN NaN
Jun 2018 0 NaN NaN
Jul 2018 0 NaN NaN
Aug 2018 0 NaN NaN
Sep 2018 0 NaN NaN
Oct 2018 0 NaN NaN
Nov 2018 0 NaN NaN
Dec 2018 0 NaN NaN
Jan 2019 1327.697647237723 Infinity Infinity
Feb 2019 1317.940061717908 -0.73 Infinity
Mar 2019 1323.1490669242849 0.40 Infinity
Apr 2019 1331.531716007624 0.63 Infinity
May 2019 1328.5979712264743 -0.22 Infinity
Jun 2019 1320.5457116078194 -0.61 Infinity
Jul 2019 1309.937403958466 -0.80 Infinity
Aug 2019 1319.9779679232763 0.77 Infinity
Sep 2019 1323.3628019825146 0.26 Infinity
Oct 2019 1326.5018535431368 0.24 Infinity
Nov 2019 1323.4718988694008 -0.23 Infinity
Dec 2019 1324.902716312634 0.11 Infinity
Jan 2020 1344.2847266101396 1.46 1.25
Feb 2020 1352.4910317044983 0.61 2.62
Mar 2020 1379.4036394627385 1.99 4.25
Apr 2020 1365.4839035801772 -1.01 2.55
May 2020 1364.358942292483 -0.08 2.69
Jun 2020 1350.7374855004866 -1.00 2.29
Jul 2020 1342.7484555752467 -0.59 2.51
Aug 2020 1346.9609674848955 0.31 2.04
Sep 2020 1354.2670748845412 0.54 2.34
Oct 2020 1340.4996101579095 -1.02 1.06
Nov 2020 1327.923749172344 -0.94 0.34
Dec 2020 1320.4772773428026 -0.56 -0.33
Jan 2021 1334.8709791063072 1.09 -0.70
Feb 2021 1325.7938619224226 -0.68 -1.97
Mar 2021 1308.9546712109893 -1.27 -5.11
Apr 2021 1312.4806970671689 0.27 -3.88
May 2021 1322.0676204556612 0.73 -3.10
Jun 2021 1333.1771953259545 0.84 -1.30
Jul 2021 1336.2386081746135 0.23 -0.48
Aug 2021 1330.8335101592359 -0.40 -1.20
Sep 2021 1332.565943231676 0.13 -1.60
Oct 2021 1331.3793814906853 -0.09 -0.68
Nov 2021 1339.16583097741 0.59 0.85
Dec 2021 1335.0375943490967 -0.31 1.10
Jan 2022 1331.6489963291533 -0.25 -0.24
Feb 2022 1348.8561531014211 1.29 1.74
Mar 2022 1364.7863918184896 1.18 4.26
Apr 2022 1372.391905088193 0.56 4.57
May 2022 1359.7758291474738 -0.92 2.85
Jun 2022 1371.4236987052182 0.86 2.87
Jul 2022 1381.9590921807462 0.77 3.42
Aug 2022 1383.6719185139593 0.12 3.97
Sep 2022 1370.3821752723309 -0.96 2.84
Oct 2022 1371.8934397757437 0.11 3.04
Nov 2022 1375.6707795654322 0.28 2.73
Dec 2022 1394.3574238799506 1.36 4.44
Jan 2023 1394.1542194924416 -0.01 4.69
Feb 2023 1390.8903767142951 -0.23 3.12
Mar 2023 1387.0146368351998 -0.28 1.63
Apr 2023 1383.9211966791513 -0.22 0.84
May 2023 1396.7469462663805 0.93 2.72
Jun 2023 1389.8318183422496 -0.49 1.34
Jul 2023 1389.9890494818624 0.01 0.58
Aug 2023 1389.018215484027 -0.07 0.39
Sep 2023 1391.9745499818664 0.21 1.58
Oct 2023 1406.2819093969845 1.03 2.51
Nov 2023 1409.163337812607 0.21 2.44
Dec 2023 1411.7110037878517 0.18 1.25
Jan 2024 1403.470897969405 -0.58 0.67
Feb 2024 1403.422713620033 0.00 0.90
Mar 2024 1400.2173932891455 -0.23 0.95
Apr 2024 1396.1472423275125 -0.29 0.88
May 2024 1398.009469230284 0.13 0.09
Jun 2024 1398.5312682758656 0.04 0.63
Jul 2024 1405.75982380378 0.52 1.14
Aug 2024 1407.132971290973 0.10 1.30
Sep 2024 1408.6621194126026 0.11 1.20
Oct 2024 1395.0772733766169 -0.96 -0.80
Nov 2024 1393.9839766109103 -0.08 -1.08
Dec 2024 1395.4538019112608 0.11 -1.15
Jan 2025 1417.7712932770053 1.60 1.02
Feb 2025 1420.8902316570243 0.22 1.25
Mar 2025 1426.6904245141266 0.41 1.89
Apr 2025 1433.1632994972683 0.45 2.65
May 2025 1430.7457378148608 -0.17 2.34
Jun 2025 1433.3303765190235 0.18 2.49
Jul 2025 1427.270774202063 -0.42 1.53
Aug 2025 1427.6102113523664 0.02 1.46
Sep 2025 1428.1171906771388 0.04 1.38
Oct 2025 1431.2013461206052 0.22 2.59
Nov 2025 1428.9012337601605 -0.16 2.51
Dec 2025 1421.3931473015894 -0.52 1.86
Jan 2026 1405.7929292929293 -1.10 -0.84