Zip Code: 98005 (Bellevue, Washington) - 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 98005 Zip Code (Bellevue, Washington) in January 2026 was $2,395.217. The month over month percentage change (MoM) was 0.28%, and the year over year percentage change (YoY) was 0.95%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 98005 zip code (Bellevue, Washington). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 98005 zip code (Bellevue, Washington).

You can see similar information for other Washington 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: 98005 (Bellevue, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 98005 (Bellevue, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 133
Month ZORI ($) 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 0 NaN NaN
Jan 2018 0 NaN NaN
Feb 2018 0 NaN NaN
Mar 2018 1776.8241804948193 Infinity Infinity
Apr 2018 1793.4661905920009 0.94 Infinity
May 2018 1796.5237133647488 0.17 Infinity
Jun 2018 1796.6710570378343 0.01 Infinity
Jul 2018 1809.9182968121625 0.74 Infinity
Aug 2018 1802.3518418352573 -0.42 Infinity
Sep 2018 1813.3845381689516 0.61 Infinity
Oct 2018 1797.4268083626046 -0.88 Infinity
Nov 2018 1821.840086258581 1.36 Infinity
Dec 2018 1843.7540090910297 1.20 Infinity
Jan 2019 1855.032666643809 0.61 Infinity
Feb 2019 1849.641454073566 -0.29 Infinity
Mar 2019 1820.4847020573511 -1.58 2.46
Apr 2019 1816.11861158342 -0.24 1.26
May 2019 1810.8071527624472 -0.29 0.80
Jun 2019 1827.6778686448674 0.93 1.73
Jul 2019 1837.464430909285 0.54 1.52
Aug 2019 1858.0310192885922 1.12 3.09
Sep 2019 1859.3661884828462 0.07 2.54
Oct 2019 1869.0728482917252 0.52 3.99
Nov 2019 1865.8346268561013 -0.17 2.42
Dec 2019 1868.0066052262014 0.12 1.32
Jan 2020 1884.23935915803 0.87 1.57
Feb 2020 1899.6940335053719 0.82 2.71
Mar 2020 1915.7795300770729 0.85 5.24
Apr 2020 1899.133576362405 -0.87 4.57
May 2020 1891.3201408610435 -0.41 4.45
Jun 2020 1860.0496724738389 -1.65 1.77
Jul 2020 1856.7614503256646 -0.18 1.05
Aug 2020 1848.9363037037979 -0.42 -0.49
Sep 2020 1843.0460566234503 -0.32 -0.88
Oct 2020 1842.9282930223442 -0.01 -1.40
Nov 2020 1855.788970186569 0.70 -0.54
Dec 2020 1889.123718671262 1.80 1.13
Jan 2021 1888.1229249989653 -0.05 0.21
Feb 2021 1883.2646470493178 -0.26 -0.86
Mar 2021 1864.780109883303 -0.98 -2.66
Apr 2021 1885.558185589151 1.11 -0.71
May 2021 1913.7068905448875 1.49 1.18
Jun 2021 1968.7087442719544 2.87 5.84
Jul 2021 1998.9370757996303 1.54 7.66
Aug 2021 2027.9867609245734 1.45 9.68
Sep 2021 2066.225852551662 1.89 12.11
Oct 2021 2097.1600955865147 1.50 13.80
Nov 2021 2133.9994877962044 1.76 14.99
Dec 2021 2139.4724893931857 0.26 13.25
Jan 2022 2148.292965516658 0.41 13.78
Feb 2022 2156.466028520854 0.38 14.51
Mar 2022 2184.6965136487847 1.31 17.16
Apr 2022 2208.516521990019 1.09 17.13
May 2022 2239.9721743478744 1.42 17.05
Jun 2022 2245.728976919501 0.26 14.07
Jul 2022 2264.1713720690905 0.82 13.27
Aug 2022 2262.3874002010893 -0.08 11.56
Sep 2022 2263.0562502358625 0.03 9.53
Oct 2022 2246.1197644849867 -0.75 7.10
Nov 2022 2222.3282309417064 -1.06 4.14
Dec 2022 2201.2054565184117 -0.95 2.89
Jan 2023 2216.76313549346 0.71 3.19
Feb 2023 2238.979897836772 1.00 3.83
Mar 2023 2249.852896562922 0.49 2.98
Apr 2023 2233.048078297491 -0.75 1.11
May 2023 2199.2302869763525 -1.51 -1.82
Jun 2023 2179.4762701861723 -0.90 -2.95
Jul 2023 2181.3879802572633 0.09 -3.66
Aug 2023 2187.1489443307564 0.26 -3.33
Sep 2023 2197.812217370245 0.49 -2.88
Oct 2023 2196.279388517386 -0.07 -2.22
Nov 2023 2201.9587208327976 0.26 -0.92
Dec 2023 2211.334216699571 0.43 0.46
Jan 2024 2216.012531426373 0.21 -0.03
Feb 2024 2226.362947966735 0.47 -0.56
Mar 2024 2245.504884419023 0.86 -0.19
Apr 2024 2271.4764902445645 1.16 1.72
May 2024 2302.704862006654 1.38 4.71
Jun 2024 2319.170149576759 0.72 6.41
Jul 2024 2329.821302805351 0.46 6.81
Aug 2024 2332.5847794111137 0.12 6.65
Sep 2024 2331.9474526562562 -0.03 6.10
Oct 2024 2339.072053217413 0.31 6.50
Nov 2024 2358.905879657432 0.85 7.13
Dec 2024 2373.0535086456316 0.60 7.31
Jan 2025 2372.600318829055 -0.02 7.07
Feb 2025 2366.5634672793003 -0.25 6.30
Mar 2025 2355.730904745105 -0.46 4.91
Apr 2025 2352.6631723628743 -0.13 3.57
May 2025 2352.450023290824 -0.01 2.16
Jun 2025 2361.2205933876053 0.37 1.81
Jul 2025 2362.0788241678774 0.04 1.39
Aug 2025 2370.619761459817 0.36 1.63
Sep 2025 2378.2033297108032 0.32 1.98
Oct 2025 2389.068050794982 0.46 2.14
Nov 2025 2387.479298987607 -0.07 1.21
Dec 2025 2388.553416037108 0.05 0.65
Jan 2026 2395.2165642601126 0.28 0.95