Zip Code: 55423 (Richfield, 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 55423 Zip Code (Richfield, Minnesota) in January 2026 was $1,279.272. The month over month percentage change (MoM) was -0.87%, and the year over year percentage change (YoY) was 3.21%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 55423 zip code (Richfield, Minnesota). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 55423 zip code (Richfield, 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: 55423 (Richfield, Minnesota) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 55423 (Richfield, Minnesota) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
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Month ZORI ($) 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 0 NaN NaN
Feb 2019 0 NaN NaN
Mar 2019 0 NaN NaN
Apr 2019 0 NaN NaN
May 2019 0 NaN NaN
Jun 2019 0 NaN NaN
Jul 2019 0 NaN NaN
Aug 2019 0 NaN NaN
Sep 2019 0 NaN NaN
Oct 2019 0 NaN NaN
Nov 2019 0 NaN NaN
Dec 2019 0 NaN NaN
Jan 2020 0 NaN NaN
Feb 2020 0 NaN NaN
Mar 2020 0 NaN NaN
Apr 2020 0 NaN NaN
May 2020 0 NaN NaN
Jun 2020 0 NaN NaN
Jul 2020 0 NaN NaN
Aug 2020 0 NaN NaN
Sep 2020 0 NaN NaN
Oct 2020 0 NaN NaN
Nov 2020 1028.4771360256077 Infinity Infinity
Dec 2020 1022.5564035734081 -0.58 Infinity
Jan 2021 1022.4977705284358 -0.01 Infinity
Feb 2021 1030.905096419028 0.82 Infinity
Mar 2021 1036.759863944045 0.57 Infinity
Apr 2021 1045.8165186440806 0.87 Infinity
May 2021 1069.115666737161 2.23 Infinity
Jun 2021 1090.1237708281244 1.97 Infinity
Jul 2021 1098.952379653182 0.81 Infinity
Aug 2021 1096.7605294363193 -0.20 Infinity
Sep 2021 1093.6490826885959 -0.28 Infinity
Oct 2021 1092.3667325802912 -0.12 Infinity
Nov 2021 1105.6540174662098 1.22 7.50
Dec 2021 1109.2799518310644 0.33 8.48
Jan 2022 1120.3380948140148 1.00 9.57
Feb 2022 1115.7086211814901 -0.41 8.23
Mar 2022 1120.7772261091022 0.45 8.10
Apr 2022 1129.4290846837216 0.77 8.00
May 2022 1131.1346844262262 0.15 5.80
Jun 2022 1135.2229518118424 0.36 4.14
Jul 2022 1133.269002290094 -0.17 3.12
Aug 2022 1138.3422696120383 0.45 3.79
Sep 2022 1139.7041645793352 0.12 4.21
Oct 2022 1144.4396807289052 0.42 4.77
Nov 2022 1150.8457864437396 0.56 4.09
Dec 2022 1162.8342664213935 1.04 4.83
Jan 2023 1165.2610980843153 0.21 4.01
Feb 2023 1182.507045904188 1.48 5.99
Mar 2023 1175.240539565798 -0.61 4.86
Apr 2023 1167.9955694798712 -0.62 3.42
May 2023 1149.4282504224666 -1.59 1.62
Jun 2023 1147.6958746373434 -0.15 1.10
Jul 2023 1152.5802061884842 0.43 1.70
Aug 2023 1161.0460004423464 0.74 1.99
Sep 2023 1179.8341223011873 1.62 3.52
Oct 2023 1185.4353965436653 0.48 3.58
Nov 2023 1178.2423968944065 -0.61 2.38
Dec 2023 1163.7587769229215 -1.23 0.08
Jan 2024 1176.9126818607517 1.13 1.00
Feb 2024 1189.2397662788496 1.05 0.57
Mar 2024 1207.9707780128379 1.58 2.79
Apr 2024 1209.3046624090011 0.11 3.54
May 2024 1208.2817005678407 -0.08 5.12
Jun 2024 1199.2736108570496 -0.75 4.49
Jul 2024 1193.233215438367 -0.50 3.53
Aug 2024 1191.8745672505795 -0.11 2.66
Sep 2024 1198.1362860069337 0.53 1.55
Oct 2024 1202.0993615884643 0.33 1.41
Nov 2024 1214.7378295196509 1.05 3.10
Dec 2024 1226.5340367486097 0.97 5.39
Jan 2025 1239.4694653318872 1.06 5.32
Feb 2025 1233.5293675891783 -0.48 3.72
Mar 2025 1232.4629008120394 -0.09 2.03
Apr 2025 1243.3900052595227 0.89 2.82
May 2025 1262.357295021189 1.53 4.47
Jun 2025 1278.4705965035907 1.28 6.60
Jul 2025 1290.2451461481414 0.92 8.13
Aug 2025 1294.8714194828642 0.36 8.64
Sep 2025 1288.3661964194828 -0.50 7.53
Oct 2025 1289.2857111253747 0.07 7.25
Nov 2025 1288.3234277718843 -0.07 6.06
Dec 2025 1290.547575077491 0.17 5.22
Jan 2026 1279.2724867724867 -0.87 3.21