Zip Code: 95125 (San Jose, 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 95125 Zip Code (San Jose, California) in January 2026 was $3,406.259. The month over month percentage change (MoM) was -0.37%, and the year over year percentage change (YoY) was 3.75%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 95125 zip code (San Jose, California). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 95125 zip code (San Jose, 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: 95125 (San Jose, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 95125 (San Jose, California) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 2547.766722004007 Infinity Infinity
Jan 2017 2553.013441140558 0.21 Infinity
Feb 2017 2539.322727121857 -0.54 Infinity
Mar 2017 2605.3760526550504 2.60 Infinity
Apr 2017 2628.6398030260325 0.89 Infinity
May 2017 2617.974340492106 -0.41 Infinity
Jun 2017 2583.29930560562 -1.32 Infinity
Jul 2017 2566.2568634183676 -0.66 Infinity
Aug 2017 2579.314517525138 0.51 Infinity
Sep 2017 2567.149909213534 -0.47 Infinity
Oct 2017 2567.95415110461 0.03 Infinity
Nov 2017 2558.35349053173 -0.37 Infinity
Dec 2017 2596.088299337911 1.48 1.90
Jan 2018 2625.432988295033 1.13 2.84
Feb 2018 2640.9584758154133 0.59 4.00
Mar 2018 2649.454706225373 0.32 1.69
Apr 2018 2660.9032605255925 0.43 1.23
May 2018 2701.238018795219 1.52 3.18
Jun 2018 2726.3247374846915 0.93 5.54
Jul 2018 2738.631959989196 0.45 6.72
Aug 2018 2739.560768192675 0.03 6.21
Sep 2018 2737.310461172341 -0.08 6.63
Oct 2018 2731.637023060419 -0.21 6.37
Nov 2018 2737.6515293785023 0.22 7.01
Dec 2018 2744.4145528316562 0.25 5.71
Jan 2019 2745.3299456976506 0.03 4.57
Feb 2019 2758.323827419621 0.47 4.44
Mar 2019 2741.6297465043976 -0.60 3.48
Apr 2019 2742.715468237716 0.04 3.08
May 2019 2727.851341720298 -0.54 0.99
Jun 2019 2740.1339126817875 0.45 0.51
Jul 2019 2754.781852488534 0.54 0.59
Aug 2019 2773.3683859500024 0.68 1.23
Sep 2019 2800.701011884084 0.99 2.32
Oct 2019 2820.7311833388685 0.72 3.26
Nov 2019 2832.3256733821163 0.41 3.46
Dec 2019 2831.7611400857813 -0.02 3.18
Jan 2020 2837.488053030284 0.20 3.36
Feb 2020 2844.7730495634532 0.26 3.13
Mar 2020 2813.9352643280977 -1.08 2.64
Apr 2020 2800.1631431117703 -0.49 2.10
May 2020 2797.3770358489223 -0.10 2.55
Jun 2020 2780.0624336580286 -0.62 1.46
Jul 2020 2772.992811161091 -0.25 0.66
Aug 2020 2755.6936049288197 -0.62 -0.64
Sep 2020 2747.64327912001 -0.29 -1.89
Oct 2020 2765.011331706963 0.63 -1.97
Nov 2020 2781.953214965593 0.61 -1.78
Dec 2020 2757.0582296516495 -0.89 -2.64
Jan 2021 2742.4343579199826 -0.53 -3.35
Feb 2021 2732.1566956276088 -0.37 -3.96
Mar 2021 2751.343917523794 0.70 -2.22
Apr 2021 2748.4925733738473 -0.10 -1.84
May 2021 2759.927085788562 0.42 -1.34
Jun 2021 2765.618611564598 0.21 -0.52
Jul 2021 2788.8711363047028 0.84 0.57
Aug 2021 2807.3478969628795 0.66 1.87
Sep 2021 2836.76568620595 1.05 3.24
Oct 2021 2827.1057247189765 -0.34 2.25
Nov 2021 2812.3499292999704 -0.52 1.09
Dec 2021 2847.343178307499 1.24 3.28
Jan 2022 2902.5768855793235 1.94 5.84
Feb 2022 2954.605299995652 1.79 8.14
Mar 2022 2952.5240532956427 -0.07 7.31
Apr 2022 2966.799183395126 0.48 7.94
May 2022 2980.4802008906713 0.46 7.99
Jun 2022 3007.226544093578 0.90 8.74
Jul 2022 3026.7728168589947 0.65 8.53
Aug 2022 3041.3264688556087 0.48 8.34
Sep 2022 3046.8488969835657 0.18 7.41
Oct 2022 3076.619625314328 0.98 8.83
Nov 2022 3094.5256620902865 0.58 10.03
Dec 2022 3101.968511935974 0.24 8.94
Jan 2023 3061.9645973939837 -1.29 5.49
Feb 2023 3072.472273383276 0.34 3.99
Mar 2023 3072.1001458706114 -0.01 4.05
Apr 2023 3090.6445736334113 0.60 4.17
May 2023 3089.4473488325834 -0.04 3.66
Jun 2023 3085.6180449946305 -0.12 2.61
Jul 2023 3076.2169350614954 -0.30 1.63
Aug 2023 3070.059629767441 -0.20 0.95
Sep 2023 3108.3857483020656 1.25 2.02
Oct 2023 3115.080447269352 0.22 1.25
Nov 2023 3140.7241530387287 0.82 1.49
Dec 2023 3128.8078258029295 -0.38 0.87
Jan 2024 3154.248247405937 0.81 3.01
Feb 2024 3152.9391487720104 -0.04 2.62
Mar 2024 3174.4680128579844 0.68 3.33
Apr 2024 3187.7984498292835 0.42 3.14
May 2024 3213.953375188527 0.82 4.03
Jun 2024 3220.2666423857017 0.20 4.36
Jul 2024 3217.383852732043 -0.09 4.59
Aug 2024 3225.654169811642 0.26 5.07
Sep 2024 3248.1290589609685 0.70 4.50
Oct 2024 3255.018248706995 0.21 4.49
Nov 2024 3252.1718662841427 -0.09 3.55
Dec 2024 3242.6806556393694 -0.29 3.64
Jan 2025 3283.304386392052 1.25 4.09
Feb 2025 3294.3191759783385 0.34 4.48
Mar 2025 3303.566006837236 0.28 4.07
Apr 2025 3306.9091087955153 0.10 3.74
May 2025 3309.783325150866 0.09 2.98
Jun 2025 3326.4991235709786 0.51 3.30
Jul 2025 3354.152906282168 0.83 4.25
Aug 2025 3372.7449541924184 0.55 4.56
Sep 2025 3359.4169833912406 -0.39 3.43
Oct 2025 3370.612226007262 0.33 3.55
Nov 2025 3382.4711958433036 0.35 4.01
Dec 2025 3418.773271439371 1.07 5.43
Jan 2026 3406.259259259259 -0.37 3.75