Zip Code: 90405 (Santa Monica, California) - 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 90405 Zip Code (Santa Monica, California) in January 2026 was $3,276.812. The month over month percentage change (MoM) was -0.26%, and the year over year percentage change (YoY) was 3.23%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 90405 zip code (Santa Monica, California). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 90405 zip code (Santa Monica, California).

You can see similar information for other California 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: 90405 (Santa Monica, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 90405 (Santa Monica, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 2280.8465957091175 Infinity Infinity
Jul 2016 2310.4633683946704 1.30 Infinity
Aug 2016 2364.0254361805264 2.32 Infinity
Sep 2016 2402.339712184526 1.62 Infinity
Oct 2016 2421.5636236916334 0.80 Infinity
Nov 2016 2418.065630078142 -0.14 Infinity
Dec 2016 2430.203797175348 0.50 Infinity
Jan 2017 2391.5651116934937 -1.59 Infinity
Feb 2017 2459.365972118443 2.84 Infinity
Mar 2017 2466.3064049838194 0.28 Infinity
Apr 2017 2504.122126307528 1.53 Infinity
May 2017 2518.0182803657153 0.56 Infinity
Jun 2017 2518.373983202495 0.01 10.41
Jul 2017 2523.10444847794 0.19 9.20
Aug 2017 2534.532188386095 0.45 7.21
Sep 2017 2569.2628541321633 1.37 6.95
Oct 2017 2580.056773874906 0.42 6.55
Nov 2017 2557.3191340721355 -0.88 5.76
Dec 2017 2559.0665697940694 0.07 5.30
Jan 2018 2594.2725393049923 1.38 8.48
Feb 2018 2596.4537598626484 0.08 5.57
Mar 2018 2584.2341641936628 -0.47 4.78
Apr 2018 2572.786787309766 -0.44 2.74
May 2018 2589.9233478635724 0.67 2.86
Jun 2018 2606.3784193928523 0.64 3.49
Jul 2018 2629.564744173697 0.89 4.22
Aug 2018 2622.905104935581 -0.25 3.49
Sep 2018 2623.716495663019 0.03 2.12
Oct 2018 2635.98839350636 0.47 2.17
Nov 2018 2660.2900176137455 0.92 4.03
Dec 2018 2647.5373758961573 -0.48 3.46
Jan 2019 2649.604312660248 0.08 2.13
Feb 2019 2663.1975537795906 0.51 2.57
Mar 2019 2688.6932505568598 0.96 4.04
Apr 2019 2693.7138321690563 0.19 4.70
May 2019 2687.034785913444 -0.25 3.75
Jun 2019 2697.820264061486 0.40 3.51
Jul 2019 2688.7442426677007 -0.34 2.25
Aug 2019 2693.819087933346 0.19 2.70
Sep 2019 2684.497216248071 -0.35 2.32
Oct 2019 2679.3847845695173 -0.19 1.65
Nov 2019 2683.523667687962 0.15 0.87
Dec 2019 2699.1229977088033 0.58 1.95
Jan 2020 2697.438581308251 -0.06 1.81
Feb 2020 2681.6665585536653 -0.58 0.69
Mar 2020 2723.462896363301 1.56 1.29
Apr 2020 2708.1256975150945 -0.56 0.54
May 2020 2708.655790516856 0.02 0.81
Jun 2020 2711.6099745516135 0.11 0.51
Jul 2020 2716.3316741349386 0.17 1.03
Aug 2020 2698.362052724039 -0.66 0.17
Sep 2020 2665.226040055878 -1.23 -0.72
Oct 2020 2643.1667610955215 -0.83 -1.35
Nov 2020 2640.6953524314554 -0.09 -1.60
Dec 2020 2640.8237889615434 0.01 -2.16
Jan 2021 2644.4916487501036 0.14 -1.96
Feb 2021 2616.586213634324 -1.05 -2.43
Mar 2021 2618.586877388578 0.08 -3.85
Apr 2021 2656.585163257209 1.45 -1.90
May 2021 2687.3366763935674 1.16 -0.79
Jun 2021 2703.0526763151893 0.59 -0.32
Jul 2021 2710.605401592154 0.28 -0.21
Aug 2021 2728.3057808074445 0.65 1.11
Sep 2021 2753.9001696637197 0.94 3.33
Oct 2021 2766.8991596174765 0.47 4.68
Nov 2021 2798.4625466873304 1.14 5.97
Dec 2021 2825.263189370028 0.96 6.98
Jan 2022 2853.4049879037298 1.00 7.90
Feb 2022 2896.9873519240946 1.53 10.72
Mar 2022 2918.593691937335 0.75 11.46
Apr 2022 2924.5518815409523 0.20 10.09
May 2022 2915.418723138422 -0.31 8.49
Jun 2022 2929.330601732405 0.48 8.37
Jul 2022 2955.034068656967 0.88 9.02
Aug 2022 2978.769853610335 0.80 9.18
Sep 2022 3000.810016563937 0.74 8.97
Oct 2022 3032.181375914929 1.05 9.59
Nov 2022 3049.4282781626443 0.57 8.97
Dec 2022 3055.429269270574 0.20 8.15
Jan 2023 3038.306920184869 -0.56 6.48
Feb 2023 3038.3543676524996 0.00 4.88
Mar 2023 3040.7869032928766 0.08 4.19
Apr 2023 3037.529024000705 -0.11 3.86
May 2023 3055.545392936905 0.59 4.81
Jun 2023 3061.051751048409 0.18 4.50
Jul 2023 3073.3691464800036 0.40 4.01
Aug 2023 3083.384350312174 0.33 3.51
Sep 2023 3085.445671980388 0.07 2.82
Oct 2023 3089.2565906223595 0.12 1.88
Nov 2023 3065.9326998277866 -0.75 0.54
Dec 2023 3077.892187004177 0.39 0.74
Jan 2024 3107.183979750376 0.95 2.27
Feb 2024 3138.8069528452215 1.02 3.31
Mar 2024 3118.9128192692015 -0.63 2.57
Apr 2024 3117.6351169491713 -0.04 2.64
May 2024 3102.8406170848366 -0.47 1.55
Jun 2024 3149.6154712578655 1.51 2.89
Jul 2024 3142.9731478471126 -0.21 2.27
Aug 2024 3146.3504376137457 0.11 2.04
Sep 2024 3149.3379036194997 0.10 2.07
Oct 2024 3154.740346126419 0.17 2.12
Nov 2024 3162.2182086087732 0.24 3.14
Dec 2024 3154.003370199111 -0.26 2.47
Jan 2025 3174.4243250280438 0.65 2.16
Feb 2025 3162.521853450506 -0.37 0.76
Mar 2025 3191.990590480155 0.93 2.34
Apr 2025 3211.961536094822 0.63 3.03
May 2025 3235.056653183692 0.72 4.26
Jun 2025 3211.872025483313 -0.72 1.98
Jul 2025 3224.536329157401 0.39 2.60
Aug 2025 3230.639747964712 0.19 2.68
Sep 2025 3240.9452347648808 0.32 2.91
Oct 2025 3247.163936902205 0.19 2.93
Nov 2025 3267.5358202553534 0.63 3.33
Dec 2025 3285.2870541192656 0.54 4.16
Jan 2026 3276.8120351588914 -0.26 3.23