Zip Code: 97035 (Lake Oswego, Oregon) - 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 97035 Zip Code (Lake Oswego, Oregon) in January 2026 was $2,066.473. The month over month percentage change (MoM) was -0.48%, and the year over year percentage change (YoY) was -1.62%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 97035 zip code (Lake Oswego, Oregon). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 97035 zip code (Lake Oswego, Oregon).

You can see similar information for other Oregon 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: 97035 (Lake Oswego, Oregon) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 97035 (Lake Oswego, Oregon) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 133
Month ZORI ($) 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 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 1438.2212035125042 Infinity Infinity
Jan 2018 1435.1937512806653 -0.21 Infinity
Feb 2018 1451.4149872648024 1.13 Infinity
Mar 2018 1461.295936177032 0.68 Infinity
Apr 2018 1467.5951841986462 0.43 Infinity
May 2018 1470.7275065312542 0.21 Infinity
Jun 2018 1501.9455905191396 2.12 Infinity
Jul 2018 1519.4004139807353 1.16 Infinity
Aug 2018 1514.2354971667814 -0.34 Infinity
Sep 2018 1520.9497820102997 0.44 Infinity
Oct 2018 1527.61986369496 0.44 Infinity
Nov 2018 1543.0351771130836 1.01 Infinity
Dec 2018 1547.1943377735536 0.27 7.58
Jan 2019 1549.557751136561 0.15 7.97
Feb 2019 1553.3698524184667 0.25 7.03
Mar 2019 1556.780796484699 0.22 6.53
Apr 2019 1560.7927240009694 0.26 6.35
May 2019 1568.2357218545121 0.48 6.63
Jun 2019 1557.4176800055313 -0.69 3.69
Jul 2019 1558.4209793780553 0.06 2.57
Aug 2019 1573.1266289285682 0.94 3.89
Sep 2019 1588.243902713586 0.96 4.42
Oct 2019 1593.0597877697742 0.30 4.28
Nov 2019 1590.5534832018304 -0.16 3.08
Dec 2019 1606.3274143921453 0.99 3.82
Jan 2020 1619.3705063454117 0.81 4.51
Feb 2020 1626.1538797277979 0.42 4.69
Mar 2020 1575.9437605850646 -3.09 1.23
Apr 2020 1559.1580198442273 -1.06 -0.10
May 2020 1547.8658166662237 -0.72 -1.30
Jun 2020 1551.9213814016966 0.26 -0.35
Jul 2020 1562.2144180887185 0.66 0.24
Aug 2020 1578.0933591905477 1.02 0.32
Sep 2020 1588.3312220994485 0.65 0.01
Oct 2020 1605.329186338752 1.07 0.77
Nov 2020 1627.4222962534423 1.38 2.32
Dec 2020 1627.0012108845683 -0.03 1.29
Jan 2021 1637.3682278822623 0.64 1.11
Feb 2021 1678.887182292942 2.54 3.24
Mar 2021 1718.5048872354153 2.36 9.05
Apr 2021 1741.5219239237967 1.34 11.70
May 2021 1751.3520486712862 0.56 13.15
Jun 2021 1781.5519132009379 1.72 14.80
Jul 2021 1805.3728149811088 1.34 15.57
Aug 2021 1813.0612346143048 0.43 14.89
Sep 2021 1839.3370458590944 1.45 15.80
Oct 2021 1883.3783886369624 2.39 17.32
Nov 2021 1895.6075615164991 0.65 16.48
Dec 2021 1896.618795303772 0.05 16.57
Jan 2022 1884.044206143209 -0.66 15.07
Feb 2022 1892.0932622273365 0.43 12.70
Mar 2022 1921.8590912583695 1.57 11.83
Apr 2022 1967.6089896673159 2.38 12.98
May 2022 2009.4781659934222 2.13 14.74
Jun 2022 2037.1230169947212 1.38 14.35
Jul 2022 2047.726314024579 0.52 13.42
Aug 2022 2048.059277335337 0.02 12.96
Sep 2022 2028.0234191137004 -0.98 10.26
Oct 2022 2000.786703271327 -1.34 6.23
Nov 2022 2002.1109239020398 0.07 5.62
Dec 2022 2015.4084352561529 0.66 6.26
Jan 2023 2046.7081890078916 1.55 8.63
Feb 2023 2044.5330482092031 -0.11 8.06
Mar 2023 2054.372076880367 0.48 6.90
Apr 2023 2038.2811517901318 -0.78 3.59
May 2023 2035.9769530288563 -0.11 1.32
Jun 2023 2007.4912389440333 -1.40 -1.45
Jul 2023 2003.3241059770696 -0.21 -2.17
Aug 2023 2002.9383005975355 -0.02 -2.20
Sep 2023 2013.7425911427647 0.54 -0.70
Oct 2023 2004.4120625219812 -0.46 0.18
Nov 2023 2020.1826409705761 0.79 0.90
Dec 2023 2031.7224711533702 0.57 0.81
Jan 2024 2041.5836519849229 0.49 -0.25
Feb 2024 2037.8337186336698 -0.18 -0.33
Mar 2024 2018.0424381089124 -0.97 -1.77
Apr 2024 2012.1259944389221 -0.29 -1.28
May 2024 2022.206763401816 0.50 -0.68
Jun 2024 2048.888411773851 1.32 2.06
Jul 2024 2070.3994480880206 1.05 3.35
Aug 2024 2083.008520654521 0.61 4.00
Sep 2024 2099.042898372996 0.77 4.24
Oct 2024 2100.1421386107745 0.05 4.78
Nov 2024 2100.17643744474 0.00 3.96
Dec 2024 2107.859001007065 0.37 3.75
Jan 2025 2100.473108908388 -0.35 2.88
Feb 2025 2113.1463969510733 0.60 3.70
Mar 2025 2126.8319830999985 0.65 5.39
Apr 2025 2138.5680095856455 0.55 6.28
May 2025 2131.1938243857576 -0.34 5.39
Jun 2025 2124.662244649151 -0.31 3.70
Jul 2025 2112.7877429420873 -0.56 2.05
Aug 2025 2106.886823024339 -0.28 1.15
Sep 2025 2094.715334938284 -0.58 -0.21
Oct 2025 2102.9350234348926 0.39 0.13
Nov 2025 2093.496066518278 -0.45 -0.32
Dec 2025 2076.4185145473416 -0.82 -1.49
Jan 2026 2066.473443223443 -0.48 -1.62