Zip Code: 85283 (Tempe, Arizona) - 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 85283 Zip Code (Tempe, Arizona) in January 2026 was $1,532.789. The month over month percentage change (MoM) was -0.58%, and the year over year percentage change (YoY) was -2.47%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 85283 zip code (Tempe, Arizona). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 85283 zip code (Tempe, Arizona).

You can see similar information for other Arizona 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: 85283 (Tempe, Arizona) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 85283 (Tempe, Arizona) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 133
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 861.202748919281 NaN NaN
Feb 2015 870.670056713028 1.10 NaN
Mar 2015 860.8290221305031 -1.13 NaN
Apr 2015 884.0661294789753 2.70 NaN
May 2015 874.375989425448 -1.10 NaN
Jun 2015 880.7928269580887 0.73 NaN
Jul 2015 876.0736609644423 -0.54 NaN
Aug 2015 881.7452732636456 0.65 NaN
Sep 2015 884.1429882872128 0.27 NaN
Oct 2015 890.7498655212884 0.75 NaN
Nov 2015 906.808641233824 1.80 NaN
Dec 2015 919.3705114467625 1.39 NaN
Jan 2016 927.5633633731716 0.89 7.71
Feb 2016 917.0127631232499 -1.14 5.32
Mar 2016 923.2060860315021 0.68 7.25
Apr 2016 918.5636468655443 -0.50 3.90
May 2016 933.9311715805813 1.67 6.81
Jun 2016 933.582308774482 -0.04 5.99
Jul 2016 937.0142104267798 0.37 6.96
Aug 2016 932.0562587923724 -0.53 5.71
Sep 2016 936.6324255502687 0.49 5.94
Oct 2016 937.080163247209 0.05 5.20
Nov 2016 936.4724681340193 -0.06 3.27
Dec 2016 929.1287586490814 -0.78 1.06
Jan 2017 937.0077266788788 0.85 1.02
Feb 2017 941.8121681714257 0.51 2.70
Mar 2017 946.9091269053 0.54 2.57
Apr 2017 944.921529450925 -0.21 2.87
May 2017 951.7005233631314 0.72 1.90
Jun 2017 962.9161160262564 1.18 3.14
Jul 2017 975.3035219773958 1.29 4.09
Aug 2017 984.4676644555971 0.94 5.62
Sep 2017 987.632566662857 0.32 5.45
Oct 2017 992.9978672819101 0.54 5.97
Nov 2017 997.8158306670439 0.49 6.55
Dec 2017 1003.5219291297361 0.57 8.01
Jan 2018 1009.3014519588058 0.58 7.72
Feb 2018 1020.5955925353975 1.12 8.37
Mar 2018 1038.4138416309781 1.75 9.66
Apr 2018 1049.6482738749473 1.08 11.08
May 2018 1048.6615158469435 -0.09 10.19
Jun 2018 1046.887746200257 -0.17 8.72
Jul 2018 1049.9411970810563 0.29 7.65
Aug 2018 1062.593147913154 1.21 7.94
Sep 2018 1076.1863368302793 1.28 8.97
Oct 2018 1086.7758945734688 0.98 9.44
Nov 2018 1091.9009126471983 0.47 9.43
Dec 2018 1102.8390455761041 1.00 9.90
Jan 2019 1108.6635015807426 0.53 9.85
Feb 2019 1115.9332589192604 0.66 9.34
Mar 2019 1114.2582165725823 -0.15 7.30
Apr 2019 1123.3885474966821 0.82 7.03
May 2019 1134.2666012005395 0.97 8.16
Jun 2019 1146.5479197284576 1.08 9.52
Jul 2019 1154.04026140371 0.65 9.91
Aug 2019 1157.0149876720411 0.26 8.89
Sep 2019 1160.455850911503 0.30 7.83
Oct 2019 1165.9677550228546 0.48 7.29
Nov 2019 1176.1697894069766 0.88 7.72
Dec 2019 1182.920918481067 0.57 7.26
Jan 2020 1190.2132355684087 0.62 7.36
Feb 2020 1194.7600654294565 0.38 7.06
Mar 2020 1211.5974350455253 1.41 8.74
Apr 2020 1210.5120882364185 -0.09 7.76
May 2020 1198.0941272062812 -1.03 5.63
Jun 2020 1185.8252642775005 -1.02 3.43
Jul 2020 1189.4579692079733 0.31 3.07
Aug 2020 1200.3866338348978 0.92 3.75
Sep 2020 1214.6451288043345 1.19 4.67
Oct 2020 1227.8931839542265 1.09 5.31
Nov 2020 1248.222067277985 1.66 6.13
Dec 2020 1263.1328353929957 1.20 6.78
Jan 2021 1270.0690220558536 0.55 6.71
Feb 2021 1281.5240992438357 0.90 7.26
Mar 2021 1301.4594597091984 1.56 7.42
Apr 2021 1333.1706932924963 2.44 10.13
May 2021 1383.2906546568706 3.76 15.46
Jun 2021 1434.0646915784646 3.67 20.93
Jul 2021 1488.4967339301834 3.80 25.14
Aug 2021 1521.1431628250225 2.19 26.72
Sep 2021 1550.3539579668573 1.92 27.64
Oct 2021 1576.0695236561187 1.66 28.36
Nov 2021 1590.6551890323615 0.93 27.43
Dec 2021 1616.7024605273973 1.64 27.99
Jan 2022 1643.108806804296 1.63 29.37
Feb 2022 1650.221769194515 0.43 28.77
Mar 2022 1642.6691288430047 -0.46 26.22
Apr 2022 1628.531507707232 -0.86 22.16
May 2022 1619.0462127768849 -0.58 17.04
Jun 2022 1616.0363908654128 -0.19 12.69
Jul 2022 1604.1303524563634 -0.74 7.77
Aug 2022 1602.3242111777452 -0.11 5.34
Sep 2022 1592.7315920107333 -0.60 2.73
Oct 2022 1588.8491629362752 -0.24 0.81
Nov 2022 1592.9997968145758 0.26 0.15
Dec 2022 1588.7847681125438 -0.26 -1.73
Jan 2023 1580.3433035555188 -0.53 -3.82
Feb 2023 1575.5970597188625 -0.30 -4.52
Mar 2023 1588.651516720744 0.83 -3.29
Apr 2023 1609.730303542773 1.33 -1.15
May 2023 1617.5191218175687 0.48 -0.09
Jun 2023 1617.49897178216 0.00 0.09
Jul 2023 1597.4403916771437 -1.24 -0.42
Aug 2023 1591.849755540748 -0.35 -0.65
Sep 2023 1588.4673199843796 -0.21 -0.27
Oct 2023 1596.9461060618337 0.53 0.51
Nov 2023 1593.916449794081 -0.19 0.06
Dec 2023 1578.8918169307303 -0.94 -0.62
Jan 2024 1572.8243089417424 -0.38 -0.48
Feb 2024 1574.4864544966147 0.11 -0.07
Mar 2024 1580.2593407586683 0.37 -0.53
Apr 2024 1580.5647073214366 0.02 -1.81
May 2024 1568.4586626701537 -0.77 -3.03
Jun 2024 1570.115820702481 0.11 -2.93
Jul 2024 1569.713306474564 -0.03 -1.74
Aug 2024 1569.1661547053866 -0.04 -1.42
Sep 2024 1554.8281618971532 -0.91 -2.12
Oct 2024 1546.9832248167343 -0.50 -3.13
Nov 2024 1550.724262864839 0.24 -2.71
Dec 2024 1563.5815120301963 0.83 -0.97
Jan 2025 1571.677697542327 0.52 -0.07
Feb 2025 1570.3068884791228 -0.09 -0.26
Mar 2025 1559.5412943356805 -0.69 -1.31
Apr 2025 1549.4957356091152 -0.64 -1.97
May 2025 1552.7812486107098 0.21 -1.00
Jun 2025 1547.7978262389531 -0.32 -1.42
Jul 2025 1554.369585841637 0.43 -0.98
Aug 2025 1552.982557918194 -0.09 -1.03
Sep 2025 1561.7854869177381 0.57 0.45
Oct 2025 1558.9050132848247 -0.18 0.77
Nov 2025 1550.726093970418 -0.52 0.00
Dec 2025 1541.8143170059773 -0.57 -1.39
Jan 2026 1532.7886115780855 -0.58 -2.47