Zip Code: 97266 (Portland, 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 97266 Zip Code (Portland, Oregon) in January 2026 was $1,962.3. The month over month percentage change (MoM) was -0.21%, and the year over year percentage change (YoY) was 0.53%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 97266 zip code (Portland, Oregon). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 97266 zip code (Portland, 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: 97266 (Portland, Oregon) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 97266 (Portland, Oregon) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 0 NaN NaN
Jan 2018 0 NaN NaN
Feb 2018 0 NaN NaN
Mar 2018 0 NaN NaN
Apr 2018 0 NaN NaN
May 2018 0 NaN NaN
Jun 2018 0 NaN NaN
Jul 2018 0 NaN NaN
Aug 2018 0 NaN NaN
Sep 2018 0 NaN NaN
Oct 2018 0 NaN NaN
Nov 2018 0 NaN NaN
Dec 2018 0 NaN NaN
Jan 2019 0 NaN NaN
Feb 2019 0 NaN NaN
Mar 2019 0 NaN NaN
Apr 2019 0 NaN NaN
May 2019 0 NaN NaN
Jun 2019 0 NaN NaN
Jul 2019 0 NaN NaN
Aug 2019 0 NaN NaN
Sep 2019 0 NaN NaN
Oct 2019 0 NaN NaN
Nov 2019 0 NaN NaN
Dec 2019 0 NaN NaN
Jan 2020 0 NaN NaN
Feb 2020 0 NaN NaN
Mar 2020 0 NaN NaN
Apr 2020 0 NaN NaN
May 2020 0 NaN NaN
Jun 2020 0 NaN NaN
Jul 2020 0 NaN NaN
Aug 2020 0 NaN NaN
Sep 2020 0 NaN NaN
Oct 2020 0 NaN NaN
Nov 2020 0 NaN NaN
Dec 2020 1529.5016607452926 Infinity Infinity
Jan 2021 1539.7998870184188 0.67 Infinity
Feb 2021 1548.5341487724543 0.57 Infinity
Mar 2021 1572.2768026922308 1.53 Infinity
Apr 2021 1586.4453861595614 0.90 Infinity
May 2021 1606.2338555910574 1.25 Infinity
Jun 2021 1619.5911691682538 0.83 Infinity
Jul 2021 1643.9686129827128 1.51 Infinity
Aug 2021 1658.643320602874 0.89 Infinity
Sep 2021 1681.1933425832547 1.36 Infinity
Oct 2021 1682.5956383894309 0.08 Infinity
Nov 2021 1721.9305814057643 2.34 Infinity
Dec 2021 1740.429524734179 1.07 13.79
Jan 2022 1764.363468138649 1.38 14.58
Feb 2022 1752.8431443566392 -0.65 13.19
Mar 2022 1756.4014422178877 0.20 11.71
Apr 2022 1765.7410183110333 0.53 11.30
May 2022 1788.6177894454195 1.30 11.36
Jun 2022 1808.5917991118226 1.12 11.67
Jul 2022 1804.495812387979 -0.23 9.77
Aug 2022 1806.433117038091 0.11 8.91
Sep 2022 1794.724562028364 -0.65 6.75
Oct 2022 1824.1960909332752 1.64 8.42
Nov 2022 1814.1816801655275 -0.55 5.36
Dec 2022 1808.0643430572538 -0.34 3.89
Jan 2023 1802.0825151171632 -0.33 2.14
Feb 2023 1818.6105043217572 0.92 3.75
Mar 2023 1835.8817159980322 0.95 4.53
Apr 2023 1832.9405350081352 -0.16 3.81
May 2023 1831.9085427935936 -0.06 2.42
Jun 2023 1835.9732593361973 0.22 1.51
Jul 2023 1846.2220538697998 0.56 2.31
Aug 2023 1843.4236499611952 -0.15 2.05
Sep 2023 1853.7876514951172 0.56 3.29
Oct 2023 1841.6373607960313 -0.65 0.96
Nov 2023 1848.1386071488532 0.35 1.87
Dec 2023 1836.9285245452852 -0.61 1.60
Jan 2024 1849.7366030012886 0.70 2.64
Feb 2024 1858.384839939969 0.47 2.19
Mar 2024 1873.651601061097 0.82 2.06
Apr 2024 1850.642178024437 -1.23 0.97
May 2024 1849.4894712368293 -0.06 0.96
Jun 2024 1860.5856037666138 0.60 1.34
Jul 2024 1888.3626125489664 1.49 2.28
Aug 2024 1906.0344515683755 0.94 3.40
Sep 2024 1924.3274660543684 0.96 3.81
Oct 2024 1936.549317252618 0.64 5.15
Nov 2024 1929.9024342158857 -0.34 4.42
Dec 2024 1947.0855571975712 0.89 6.00
Jan 2025 1952.035781797213 0.25 5.53
Feb 2025 1954.205484044532 0.11 5.16
Mar 2025 1946.322369304329 -0.40 3.88
Apr 2025 1976.8652114985114 1.57 6.82
May 2025 1985.8794688347734 0.46 7.37
Jun 2025 1982.8632246244792 -0.15 6.57
Jul 2025 1967.1671679360827 -0.79 4.17
Aug 2025 1964.616813153157 -0.13 3.07
Sep 2025 1956.8007202788963 -0.40 1.69
Oct 2025 1956.2611694897778 -0.03 1.02
Nov 2025 1966.667220875773 0.53 1.91
Dec 2025 1966.3743990680462 -0.01 0.99
Jan 2026 1962.3000000000002 -0.21 0.53