Zip Code: 98042 (Covington, 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 98042 Zip Code (Covington, Washington) in January 2026 was $2,324.678. The month over month percentage change (MoM) was 0.93%, and the year over year percentage change (YoY) was 6.62%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 98042 zip code (Covington, Washington). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 98042 zip code (Covington, 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: 98042 (Covington, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 98042 (Covington, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 133
Month ZORI ($) 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 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 1564.2161094764301 Infinity Infinity
Apr 2019 1557.488118199925 -0.43 Infinity
May 2019 1544.8790045272808 -0.81 Infinity
Jun 2019 1559.686521040153 0.96 Infinity
Jul 2019 1560.6689705213037 0.06 Infinity
Aug 2019 1578.8021532711507 1.16 Infinity
Sep 2019 1579.810947524206 0.06 Infinity
Oct 2019 1600.3737438923733 1.30 Infinity
Nov 2019 1597.1716067673149 -0.20 Infinity
Dec 2019 1605.2060085968399 0.50 Infinity
Jan 2020 1591.8590603908174 -0.83 Infinity
Feb 2020 1589.8215601605746 -0.13 Infinity
Mar 2020 1601.781427127724 0.75 2.40
Apr 2020 1619.742114147199 1.12 4.00
May 2020 1624.7577760015959 0.31 5.17
Jun 2020 1609.3514898337826 -0.95 3.18
Jul 2020 1605.6575207913618 -0.23 2.88
Aug 2020 1612.494086484991 0.43 2.13
Sep 2020 1629.7227637558178 1.07 3.16
Oct 2020 1651.073731879969 1.31 3.17
Nov 2020 1675.3721620154308 1.47 4.90
Dec 2020 1701.5338744529085 1.56 6.00
Jan 2021 1728.9268276910523 1.61 8.61
Feb 2021 1732.681014579555 0.22 8.99
Mar 2021 1730.2285232929664 -0.14 8.02
Apr 2021 1742.811991461828 0.73 7.60
May 2021 1761.4621354248723 1.07 8.41
Jun 2021 1786.9557089638508 1.45 11.04
Jul 2021 1796.8906159656628 0.56 11.91
Aug 2021 1810.9600979867387 0.78 12.31
Sep 2021 1821.547876918078 0.59 11.77
Oct 2021 1819.0852306158395 -0.13 10.18
Nov 2021 1850.1735466787127 1.71 10.43
Dec 2021 1851.6170979643389 0.08 8.82
Jan 2022 1868.3069316067356 0.90 8.06
Feb 2022 1891.6156452726145 1.25 9.17
Mar 2022 1924.553710095012 1.74 11.23
Apr 2022 1939.9040566167516 0.80 11.31
May 2022 1950.1983544406926 0.53 10.72
Jun 2022 1976.0679948016134 1.33 10.58
Jul 2022 2005.7985014072285 1.51 11.63
Aug 2022 2017.4919277674564 0.58 11.41
Sep 2022 2031.0202653577837 0.67 11.50
Oct 2022 2057.0037220692748 1.28 13.08
Nov 2022 2050.600572739549 -0.31 10.83
Dec 2022 2064.4232784835926 0.67 11.49
Jan 2023 2051.50200334174 -0.63 9.81
Feb 2023 2058.512016614954 0.34 8.82
Mar 2023 2058.7429321384398 0.01 6.97
Apr 2023 2066.1585816046554 0.36 6.51
May 2023 2080.54256462152 0.70 6.68
Jun 2023 2072.259068617831 -0.40 4.87
Jul 2023 2075.7738474736666 0.17 3.49
Aug 2023 2070.782626476039 -0.24 2.64
Sep 2023 2070.0311952117586 -0.04 1.92
Oct 2023 2077.4369180920626 0.36 0.99
Nov 2023 2087.588577836615 0.49 1.80
Dec 2023 2100.3969018069442 0.61 1.74
Jan 2024 2107.960586939183 0.36 2.75
Feb 2024 2087.6886423603496 -0.96 1.42
Mar 2024 2096.572870727557 0.43 1.84
Apr 2024 2114.5706492617264 0.86 2.34
May 2024 2138.631851980143 1.14 2.79
Jun 2024 2152.5357756479843 0.65 3.87
Jul 2024 2154.5249563717493 0.09 3.79
Aug 2024 2174.0403836941364 0.91 4.99
Sep 2024 2185.9459426553067 0.55 5.60
Oct 2024 2191.7710611495922 0.27 5.50
Nov 2024 2169.6542764835085 -1.01 3.93
Dec 2024 2172.796529620739 0.14 3.45
Jan 2025 2180.4492025633353 0.35 3.44
Feb 2025 2205.0060704503753 1.13 5.62
Mar 2025 2209.317191504245 0.20 5.38
Apr 2025 2207.2070619883193 -0.10 4.38
May 2025 2198.645545347357 -0.39 2.81
Jun 2025 2206.385852230835 0.35 2.50
Jul 2025 2218.2099923011588 0.54 2.96
Aug 2025 2225.444302090026 0.33 2.36
Sep 2025 2237.4212484990317 0.54 2.36
Oct 2025 2248.963616974087 0.52 2.61
Nov 2025 2287.501271269286 1.71 5.43
Dec 2025 2303.307010276915 0.69 6.01
Jan 2026 2324.6777777777775 0.93 6.62