Zip Code: 94401 (San Mateo, 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 94401 Zip Code (San Mateo, California) in January 2026 was $2,983.939. The month over month percentage change (MoM) was 0.14%, and the year over year percentage change (YoY) was 6.54%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 94401 zip code (San Mateo, California). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 94401 zip code (San Mateo, 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: 94401 (San Mateo, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 94401 (San Mateo, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 133
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 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 2369.4254505437807 Infinity Infinity
Aug 2017 2401.9380063707176 1.37 Infinity
Sep 2017 2450.7927706561613 2.03 Infinity
Oct 2017 2480.762262902539 1.22 Infinity
Nov 2017 2494.2806684069806 0.55 Infinity
Dec 2017 2530.5245068977215 1.45 Infinity
Jan 2018 2515.4860514450575 -0.59 Infinity
Feb 2018 2483.6771150407 -1.26 Infinity
Mar 2018 2448.4564895909884 -1.42 Infinity
Apr 2018 2424.982286368343 -0.96 Infinity
May 2018 2448.92566086513 0.99 Infinity
Jun 2018 2452.0038202174514 0.13 Infinity
Jul 2018 2482.2187477587145 1.23 4.76
Aug 2018 2459.215355021637 -0.93 2.38
Sep 2018 2476.829659491594 0.72 1.06
Oct 2018 2496.4544840331355 0.79 0.63
Nov 2018 2508.8224659321495 0.50 0.58
Dec 2018 2493.015158853981 -0.63 -1.48
Jan 2019 2476.4130536743573 -0.67 -1.55
Feb 2019 2511.254498336064 1.41 1.11
Mar 2019 2709.8300984356 7.91 10.68
Apr 2019 2697.9310334565394 -0.44 11.26
May 2019 2624.3863835711204 -2.73 7.17
Jun 2019 2594.938322401403 -1.12 5.83
Jul 2019 2551.4423830148708 -1.68 2.79
Aug 2019 2549.7386552320895 -0.07 3.68
Sep 2019 2514.865421167341 -1.37 1.54
Oct 2019 2492.6111648579054 -0.88 -0.15
Nov 2019 2484.061486407505 -0.34 -0.99
Dec 2019 2468.893315539644 -0.61 -0.97
Jan 2020 2543.4624401061637 3.02 2.71
Feb 2020 2597.4161382530656 2.12 3.43
Mar 2020 2582.5816310595687 -0.57 -4.70
Apr 2020 2575.095365611039 -0.29 -4.55
May 2020 2573.7558789372256 -0.05 -1.93
Jun 2020 2564.942447137765 -0.34 -1.16
Jul 2020 2537.4018908075436 -1.07 -0.55
Aug 2020 2498.603447927842 -1.53 -2.01
Sep 2020 2474.2305753802975 -0.97 -1.62
Oct 2020 2447.4237818146994 -1.08 -1.81
Nov 2020 2411.3592823747827 -1.47 -2.93
Dec 2020 2398.145341614666 -0.55 -2.87
Jan 2021 2398.3648983781195 0.01 -5.70
Feb 2021 2410.9245234816945 0.52 -7.18
Mar 2021 2398.692008913315 -0.51 -7.12
Apr 2021 2380.1958539011184 -0.77 -7.57
May 2021 2365.3775981938475 -0.62 -8.10
Jun 2021 2377.7723725215797 0.52 -7.30
Jul 2021 2408.768192889823 1.30 -5.07
Aug 2021 2459.5703365453696 2.11 -1.56
Sep 2021 2482.114177434859 0.92 0.32
Oct 2021 2488.0535988363185 0.24 1.66
Nov 2021 2516.318900047426 1.14 4.35
Dec 2021 2527.187961877984 0.43 5.38
Jan 2022 2567.6586003971333 1.60 7.06
Feb 2022 2567.041678506266 -0.02 6.48
Mar 2022 2612.3466190183867 1.77 8.91
Apr 2022 2638.634487935115 1.01 10.86
May 2022 2665.6131048159737 1.02 12.69
Jun 2022 2654.5198991864913 -0.42 11.64
Jul 2022 2644.626295307509 -0.37 9.79
Aug 2022 2626.9387226289514 -0.67 6.81
Sep 2022 2649.5407207561434 0.86 6.75
Oct 2022 2682.3253052465675 1.24 7.81
Nov 2022 2712.9424625034885 1.14 7.81
Dec 2022 2719.4258215477794 0.24 7.61
Jan 2023 2690.783311452646 -1.05 4.80
Feb 2023 2677.284821201039 -0.50 4.30
Mar 2023 2672.650817924043 -0.17 2.31
Apr 2023 2682.362210992016 0.36 1.66
May 2023 2692.1846752670476 0.37 1.00
Jun 2023 2700.984990644819 0.33 1.75
Jul 2023 2707.2192158450985 0.23 2.37
Aug 2023 2706.1682596702 -0.04 3.02
Sep 2023 2711.6769840261513 0.20 2.35
Oct 2023 2709.568216420692 -0.08 1.02
Nov 2023 2706.8633666715673 -0.10 -0.22
Dec 2023 2725.977509509663 0.71 0.24
Jan 2024 2766.365717034311 1.48 2.81
Feb 2024 2782.8555309520502 0.60 3.94
Mar 2024 2753.6321919726474 -1.05 3.03
Apr 2024 2731.140409385396 -0.82 1.82
May 2024 2748.2638223153144 0.63 2.08
Jun 2024 2777.997173958167 1.08 2.85
Jul 2024 2783.5411749043587 0.20 2.82
Aug 2024 2769.0066215501956 -0.52 2.32
Sep 2024 2784.2621216309676 0.55 2.68
Oct 2024 2801.003989373171 0.60 3.38
Nov 2024 2802.7823711079473 0.06 3.54
Dec 2024 2792.1834895800125 -0.38 2.43
Jan 2025 2800.827380561794 0.31 1.25
Feb 2025 2815.7423414131154 0.53 1.18
Mar 2025 2852.5370091316477 1.31 3.59
Apr 2025 2882.1681910752686 1.04 5.53
May 2025 2880.9010635269688 -0.04 4.83
Jun 2025 2877.304662796687 -0.12 3.58
Jul 2025 2893.327632283148 0.56 3.94
Aug 2025 2929.9672393609617 1.27 5.81
Sep 2025 2933.387731673281 0.12 5.36
Oct 2025 2938.5637996459677 0.18 4.91
Nov 2025 2956.5361516429653 0.61 5.49
Dec 2025 2979.6460735111978 0.78 6.71
Jan 2026 2983.939393939394 0.14 6.54