Zip Code: 89131 (Las Vegas, Nevada) - 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 89131 Zip Code (Las Vegas, Nevada) in January 2026 was $2,052.238. The month over month percentage change (MoM) was 0.78%, and the year over year percentage change (YoY) was 0.65%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 89131 zip code (Las Vegas, Nevada). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 89131 zip code (Las Vegas, Nevada).

You can see similar information for other Nevada 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: 89131 (Las Vegas, Nevada) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 89131 (Las Vegas, Nevada) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 133
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1137.7798709873603 NaN NaN
Feb 2015 1143.034736340666 0.46 NaN
Mar 2015 1154.3330365155173 0.99 NaN
Apr 2015 1159.3913403591673 0.44 NaN
May 2015 1157.729984433752 -0.14 NaN
Jun 2015 1157.0845015196383 -0.06 NaN
Jul 2015 1159.2412566410794 0.19 NaN
Aug 2015 1163.45916283424 0.36 NaN
Sep 2015 1170.6288694129184 0.62 NaN
Oct 2015 1170.4972739177117 -0.01 NaN
Nov 2015 1169.0076073489142 -0.13 NaN
Dec 2015 1170.7901171891167 0.15 NaN
Jan 2016 1179.7038346526576 0.76 3.69
Feb 2016 1183.850499661747 0.35 3.57
Mar 2016 1185.3244193655248 0.13 2.69
Apr 2016 1183.7874809712835 -0.13 2.10
May 2016 1188.8272446970325 0.43 2.69
Jun 2016 1194.0874381452686 0.44 3.20
Jul 2016 1197.1967087073697 0.26 3.27
Aug 2016 1198.4416288288076 0.10 3.01
Sep 2016 1196.4723724978674 -0.16 2.21
Oct 2016 1201.891622961479 0.45 2.68
Nov 2016 1209.3855646795064 0.62 3.45
Dec 2016 1224.7648987850203 1.27 4.61
Jan 2017 1228.041798049872 0.27 4.10
Feb 2017 1232.0730493603276 0.33 4.07
Mar 2017 1227.2745842801708 -0.39 3.54
Apr 2017 1229.8726246305657 0.21 3.89
May 2017 1232.0243058915187 0.18 3.63
Jun 2017 1239.2380579028743 0.59 3.78
Jul 2017 1253.4087846153723 1.14 4.70
Aug 2017 1264.5002300006834 0.89 5.51
Sep 2017 1275.3597028797926 0.86 6.59
Oct 2017 1274.0177683875065 -0.10 6.00
Nov 2017 1277.1304414511544 0.24 5.60
Dec 2017 1273.2260975873078 -0.31 3.96
Jan 2018 1280.787188924203 0.59 4.30
Feb 2018 1292.3622963039638 0.90 4.89
Mar 2018 1304.3683161049805 0.93 6.28
Apr 2018 1319.753397714312 1.18 7.31
May 2018 1326.8467940731293 0.54 7.70
Jun 2018 1345.973166551867 1.44 8.61
Jul 2018 1344.4450971210797 -0.11 7.26
Aug 2018 1352.4719168030956 0.60 6.96
Sep 2018 1345.2841656578569 -0.53 5.48
Oct 2018 1355.7701426466142 0.78 6.42
Nov 2018 1358.9674789307724 0.24 6.41
Dec 2018 1377.277217853334 1.35 8.17
Jan 2019 1386.8005604322652 0.69 8.28
Feb 2019 1390.250778596736 0.25 7.57
Mar 2019 1398.3185543113823 0.58 7.20
Apr 2019 1400.961631565339 0.19 6.15
May 2019 1409.3910082187717 0.60 6.22
Jun 2019 1405.732956045343 -0.26 4.44
Jul 2019 1415.2787796323034 0.68 5.27
Aug 2019 1419.5619315424326 0.30 4.96
Sep 2019 1436.6993441867357 1.21 6.80
Oct 2019 1444.8349123581843 0.57 6.57
Nov 2019 1456.0140030948842 0.77 7.14
Dec 2019 1456.7501151395913 0.05 5.77
Jan 2020 1461.1098029019208 0.30 5.36
Feb 2020 1468.1359636593743 0.48 5.60
Mar 2020 1462.8285432251967 -0.36 4.61
Apr 2020 1469.6064520055422 0.46 4.90
May 2020 1450.8478158108696 -1.28 2.94
Jun 2020 1452.8527048080525 0.14 3.35
Jul 2020 1452.4986106180534 -0.02 2.63
Aug 2020 1471.5923537980987 1.32 3.67
Sep 2020 1484.0157770062488 0.84 3.29
Oct 2020 1502.1780847152688 1.22 3.97
Nov 2020 1523.1594200540699 1.40 4.61
Dec 2020 1554.394090525872 2.05 6.70
Jan 2021 1569.4697680174288 0.97 7.42
Feb 2021 1590.3554119375588 1.33 8.32
Mar 2021 1605.6427991890546 0.96 9.76
Apr 2021 1619.0221860507743 0.83 10.17
May 2021 1675.2405287626316 3.47 15.47
Jun 2021 1713.0131865542164 2.26 17.91
Jul 2021 1778.8767102877 3.85 22.47
Aug 2021 1804.0834833210527 1.42 22.59
Sep 2021 1846.8080002846018 2.37 24.45
Oct 2021 1885.3233088566303 2.09 25.51
Nov 2021 1895.200086759593 0.52 24.43
Dec 2021 1906.9285549516874 0.62 22.68
Jan 2022 1927.3724481139939 1.07 22.80
Feb 2022 1936.1766483864683 0.46 21.75
Mar 2022 1934.2522679879655 -0.10 20.47
Apr 2022 1939.6799103496267 0.28 19.81
May 2022 1938.8373160129602 -0.04 15.74
Jun 2022 1953.1854750568407 0.74 14.02
Jul 2022 1934.7614814371248 -0.94 8.76
Aug 2022 1941.1177316835217 0.33 7.60
Sep 2022 1923.109778026005 -0.93 4.13
Oct 2022 1901.5351643898257 -1.12 0.86
Nov 2022 1904.5232687972536 0.16 0.49
Dec 2022 1894.8856673622113 -0.51 -0.63
Jan 2023 1904.8780477883122 0.53 -1.17
Feb 2023 1912.1370872563202 0.38 -1.24
Mar 2023 1937.5560906414235 1.33 0.17
Apr 2023 1939.90556513755 0.12 0.01
May 2023 1934.1099738641597 -0.30 -0.24
Jun 2023 1931.3199204019247 -0.14 -1.12
Jul 2023 1939.3694964909505 0.42 0.24
Aug 2023 1939.1772612909829 -0.01 -0.10
Sep 2023 1932.9135346903427 -0.32 0.51
Oct 2023 1928.8741349806546 -0.21 1.44
Nov 2023 1928.7973351157564 0.00 1.27
Dec 2023 1938.3380737726698 0.50 2.29
Jan 2024 1939.6900520829738 0.07 1.83
Feb 2024 1936.5971320017566 -0.16 1.28
Mar 2024 1944.4660076536263 0.41 0.36
Apr 2024 1953.0956307089577 0.44 0.68
May 2024 1966.074812598194 0.67 1.65
Jun 2024 1982.7299249044133 0.85 2.66
Jul 2024 2015.1719655031166 1.64 3.91
Aug 2024 2010.6833199286152 -0.22 3.69
Sep 2024 2012.0363820029186 0.07 4.09
Oct 2024 2010.5882669334883 -0.07 4.24
Nov 2024 2038.8154746176187 1.40 5.70
Dec 2024 2055.4451505309867 0.82 6.04
Jan 2025 2039.0662434361213 -0.80 5.12
Feb 2025 2046.5459239000043 0.37 5.68
Mar 2025 2038.4475518374525 -0.40 4.83
Apr 2025 2039.689291466946 0.06 4.43
May 2025 2041.229646155286 0.08 3.82
Jun 2025 2036.1610086019023 -0.25 2.70
Jul 2025 2019.1130370721025 -0.84 0.20
Aug 2025 2030.352144222305 0.56 0.98
Sep 2025 2043.8500545286383 0.67 1.58
Oct 2025 2058.7889600351737 0.73 2.40
Nov 2025 2044.3493987791 -0.70 0.27
Dec 2025 2036.3177204647884 -0.39 -0.93
Jan 2026 2052.237861811391 0.78 0.65