Zip Code: 78223 (San Antonio, Texas) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted (Zillow)
Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily in the 78223 Zip Code (San Antonio, Texas) in February 2026 was $1,280.76. The month over month percentage change (MoM) was -0.22%, and the year over year percentage change (YoY) was -0.22%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 78223 zip code (San Antonio, Texas). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 78223 zip code (San Antonio, Texas).

You can see similar information for other Texas 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: 78223 (San Antonio, Texas) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 78223 (San Antonio, Texas) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 871.847657987241 Infinity Infinity
Dec 2017 897.6281788330587 2.96 Infinity
Jan 2018 899.0595929780812 0.16 Infinity
Feb 2018 921.5855767972505 2.51 Infinity
Mar 2018 925.5329027152484 0.43 Infinity
Apr 2018 930.5424222821282 0.54 Infinity
May 2018 917.1593012914419 -1.44 Infinity
Jun 2018 907.208384923942 -1.08 Infinity
Jul 2018 910.0634833338321 0.32 Infinity
Aug 2018 915.0965681057404 0.55 Infinity
Sep 2018 926.8527649564717 1.29 Infinity
Oct 2018 943.7271571887958 1.82 Infinity
Nov 2018 957.4913224115095 1.46 9.82
Dec 2018 956.4854472676534 -0.10 6.56
Jan 2019 948.1698834188591 -0.87 5.46
Feb 2019 931.2057336018719 -1.79 1.04
Mar 2019 936.435116080886 0.56 1.18
Apr 2019 939.7629706242723 0.36 0.99
May 2019 956.4310154085036 1.77 4.28
Jun 2019 965.8172242899403 0.98 6.46
Jul 2019 972.7377219121464 0.72 6.89
Aug 2019 969.4392575543186 -0.34 5.94
Sep 2019 972.7150960718214 0.34 4.95
Oct 2019 966.8378319721759 -0.60 2.45
Nov 2019 968.4717017520055 0.17 1.15
Dec 2019 964.1096232871047 -0.45 0.80
Jan 2020 974.9523120824957 1.13 2.83
Feb 2020 985.5228278085737 1.08 5.83
Mar 2020 1004.1032497070802 1.89 7.23
Apr 2020 1022.4823459142548 1.83 8.80
May 2020 1027.7987956138643 0.52 7.46
Jun 2020 1011.6216946715763 -1.57 4.74
Jul 2020 997.8904199451389 -1.36 2.59
Aug 2020 1007.9414030596205 1.01 3.97
Sep 2020 1009.0956213897404 0.12 3.74
Oct 2020 1027.3356154359167 1.81 6.26
Nov 2020 1016.1334109209681 -1.09 4.92
Dec 2020 1008.0932990116772 -0.79 4.56
Jan 2021 1006.7400787165435 -0.13 3.26
Feb 2021 1025.605846063651 1.87 4.07
Mar 2021 1049.4000599479293 2.32 4.51
Apr 2021 1055.8660124514352 0.62 3.27
May 2021 1060.4161781464013 0.43 3.17
Jun 2021 1073.5268162284617 1.24 6.12
Jul 2021 1081.7510890571507 0.77 8.40
Aug 2021 1097.088841492521 1.42 8.85
Sep 2021 1103.7893870067505 0.61 9.38
Oct 2021 1106.530896906639 0.25 7.71
Nov 2021 1119.1482338177111 1.14 10.14
Dec 2021 1147.1102363723487 2.50 13.79
Jan 2022 1176.7588629262502 2.59 16.89
Feb 2022 1193.7457198910129 1.44 16.39
Mar 2022 1171.4240936587532 -1.87 11.63
Apr 2022 1149.656008826596 -1.86 8.88
May 2022 1134.7933140842474 -1.29 7.01
Jun 2022 1149.364638317454 1.28 7.06
Jul 2022 1171.894690300063 1.96 8.33
Aug 2022 1183.2631168867565 0.97 7.86
Sep 2022 1196.064085905763 1.08 8.36
Oct 2022 1208.9038756615823 1.07 9.25
Nov 2022 1217.9003912033656 0.74 8.82
Dec 2022 1225.461482921262 0.62 6.83
Jan 2023 1205.677806226169 -1.61 2.46
Feb 2023 1201.8320044077866 -0.32 0.68
Mar 2023 1188.3513436365665 -1.12 1.45
Apr 2023 1207.3380877882687 1.60 5.02
May 2023 1226.4527447255189 1.58 8.08
Jun 2023 1237.2679346694977 0.88 7.65
Jul 2023 1249.641782167338 1.00 6.63
Aug 2023 1237.9870505992826 -0.93 4.63
Sep 2023 1238.8436023468048 0.07 3.58
Oct 2023 1232.3199124461598 -0.53 1.94
Nov 2023 1252.1419604458024 1.61 2.81
Dec 2023 1243.516718803518 -0.69 1.47
Jan 2024 1257.799521845062 1.15 4.32
Feb 2024 1251.0208966329487 -0.54 4.09
Mar 2024 1269.940545164677 1.51 6.87
Apr 2024 1273.2580773591412 0.26 5.46
May 2024 1271.1611787630072 -0.16 3.65
Jun 2024 1261.6170989201978 -0.75 1.97
Jul 2024 1245.221250874666 -1.30 -0.35
Aug 2024 1263.8743166948427 1.50 2.09
Sep 2024 1265.2066522363928 0.11 2.13
Oct 2024 1282.930176677033 1.40 4.11
Nov 2024 1269.6123292761145 -1.04 1.40
Dec 2024 1269.2771656228383 -0.03 2.07
Jan 2025 1273.574359090895 0.34 1.25
Feb 2025 1283.5895940078383 0.79 2.60
Mar 2025 1287.5429103090396 0.31 1.39
Apr 2025 1286.961271036038 -0.04 1.08
May 2025 1288.4265638593126 0.11 1.36
Jun 2025 1292.5634219734343 0.32 2.45
Jul 2025 1299.2627542655812 0.52 4.34
Aug 2025 1292.264776798613 -0.54 2.25
Sep 2025 1292.18551809113 -0.01 2.13
Oct 2025 1282.943395117398 -0.71 0.00
Nov 2025 1284.2978208704146 0.11 1.16
Dec 2025 1288.8814886802634 0.36 1.55
Jan 2026 1283.6508958907157 -0.41 0.79
Feb 2026 1280.759906759907 -0.22 -0.22