Zip Code: 94133 (San Francisco, 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 94133 Zip Code (San Francisco, California) in January 2026 was $3,873.561. The month over month percentage change (MoM) was 0.89%, and the year over year percentage change (YoY) was 15.18%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 94133 zip code (San Francisco, California). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 94133 zip code (San Francisco, 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: 94133 (San Francisco, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 94133 (San Francisco, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 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 3204.340100317244 Infinity Infinity
Jan 2018 3156.7601682766217 -1.48 Infinity
Feb 2018 3197.165124530134 1.28 Infinity
Mar 2018 3169.0012008541535 -0.88 Infinity
Apr 2018 3163.9337352975017 -0.16 Infinity
May 2018 3172.141338038482 0.26 Infinity
Jun 2018 3216.0451601778577 1.38 Infinity
Jul 2018 3268.136101607435 1.62 Infinity
Aug 2018 3299.5691781023547 0.96 Infinity
Sep 2018 3271.507762606531 -0.85 Infinity
Oct 2018 3252.5647734003114 -0.58 Infinity
Nov 2018 3315.295407254476 1.93 Infinity
Dec 2018 3314.8974267462554 -0.01 3.45
Jan 2019 3305.8805160164306 -0.27 4.72
Feb 2019 3229.9193470761043 -2.30 1.02
Mar 2019 3289.269626406955 1.84 3.80
Apr 2019 3315.210154490348 0.79 4.78
May 2019 3304.6840976213452 -0.32 4.18
Jun 2019 3297.889855443188 -0.21 2.55
Jul 2019 3293.8755120248366 -0.12 0.79
Aug 2019 3299.27852132572 0.16 -0.01
Sep 2019 3351.0275804596586 1.57 2.43
Oct 2019 3351.9527613569358 0.03 3.06
Nov 2019 3359.771020086955 0.23 1.34
Dec 2019 3349.9239357673805 -0.29 1.06
Jan 2020 3397.422877509798 1.42 2.77
Feb 2020 3466.0634227234063 2.02 7.31
Mar 2020 3378.0892786952872 -2.54 2.70
Apr 2020 3320.829016608066 -1.69 0.17
May 2020 3277.3284386230207 -1.31 -0.83
Jun 2020 3262.771794625035 -0.44 -1.06
Jul 2020 3175.9235169260014 -2.66 -3.58
Aug 2020 3050.9222380756046 -3.94 -7.53
Sep 2020 2934.7526454676054 -3.81 -12.42
Oct 2020 2893.7226133683826 -1.40 -13.67
Nov 2020 2877.481271767653 -0.56 -14.35
Dec 2020 2876.574834816416 -0.03 -14.13
Jan 2021 2835.9437598227687 -1.41 -16.53
Feb 2021 2838.7747650437486 0.10 -18.10
Mar 2021 2881.9174269098335 1.52 -14.69
Apr 2021 2902.258070446288 0.71 -12.60
May 2021 2888.46815414887 -0.47 -11.86
Jun 2021 2900.498433829319 0.42 -11.10
Jul 2021 2965.309571438066 2.23 -6.63
Aug 2021 3020.2278045595863 1.85 -1.01
Sep 2021 3076.6866333326557 1.87 4.84
Oct 2021 3099.9552320551006 0.76 7.13
Nov 2021 3157.1642552296785 1.85 9.72
Dec 2021 3156.9390017899236 -0.01 9.75
Jan 2022 3156.362454340008 -0.02 11.30
Feb 2022 3152.1796741667454 -0.13 11.04
Mar 2022 3165.5168468150796 0.42 9.84
Apr 2022 3196.1512289606394 0.97 10.13
May 2022 3202.8581641378933 0.21 10.88
Jun 2022 3213.5675653455673 0.33 10.79
Jul 2022 3224.396671668951 0.34 8.74
Aug 2022 3235.500584386195 0.34 7.13
Sep 2022 3252.1023437786625 0.51 5.70
Oct 2022 3238.3947257005116 -0.42 4.47
Nov 2022 3244.13369645612 0.18 2.76
Dec 2022 3253.4175577972537 0.29 3.06
Jan 2023 3256.353100558933 0.09 3.17
Feb 2023 3245.8060451068022 -0.32 2.97
Mar 2023 3217.2202199134663 -0.88 1.63
Apr 2023 3226.9804849510715 0.30 0.97
May 2023 3273.265141235921 1.43 2.20
Jun 2023 3262.5827320520566 -0.33 1.53
Jul 2023 3253.8862534600557 -0.27 0.92
Aug 2023 3249.233859198219 -0.14 0.42
Sep 2023 3254.33356262818 0.16 0.07
Oct 2023 3272.707886535885 0.56 1.06
Nov 2023 3250.551410760857 -0.68 0.20
Dec 2023 3283.5094891084027 1.01 0.93
Jan 2024 3310.8931790303227 0.83 1.68
Feb 2024 3327.3189604509953 0.50 2.51
Mar 2024 3323.0657111380083 -0.13 3.29
Apr 2024 3294.137961684208 -0.87 2.08
May 2024 3290.5332468829824 -0.11 0.53
Jun 2024 3290.6787761334367 0.00 0.86
Jul 2024 3305.5771584679997 0.45 1.59
Aug 2024 3297.1122551455856 -0.26 1.47
Sep 2024 3256.408368977239 -1.24 0.06
Oct 2024 3269.3286341445555 0.40 -0.10
Nov 2024 3293.038902417367 0.73 1.31
Dec 2024 3336.068279898323 1.31 1.60
Jan 2025 3363.0567387318674 0.81 1.58
Feb 2025 3391.470664296262 0.85 1.93
Mar 2025 3441.344876158141 1.47 3.56
Apr 2025 3491.2653746008114 1.45 5.98
May 2025 3511.799003039127 0.59 6.72
Jun 2025 3559.217412562642 1.35 8.16
Jul 2025 3595.262272073235 1.01 8.76
Aug 2025 3651.6893980298437 1.57 10.75
Sep 2025 3732.697221983398 2.22 14.63
Oct 2025 3774.273197989908 1.11 15.45
Nov 2025 3827.441690078186 1.41 16.23
Dec 2025 3839.399068986806 0.31 15.09
Jan 2026 3873.5607448107453 0.89 15.18