Zip Code: 98108 (Seattle, 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 98108 Zip Code (Seattle, Washington) in January 2026 was $2,347. The month over month percentage change (MoM) was -0.29%, and the year over year percentage change (YoY) was 1.54%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 98108 zip code (Seattle, Washington). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 98108 zip code (Seattle, 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: 98108 (Seattle, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 98108 (Seattle, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 0 NaN NaN
Jan 2021 1856.4773945984805 Infinity Infinity
Feb 2021 1820.4558673831766 -1.94 Infinity
Mar 2021 1849.5450256053482 1.60 Infinity
Apr 2021 1847.004841555742 -0.14 Infinity
May 2021 1896.1840563199853 2.66 Infinity
Jun 2021 1934.1282711701774 2.00 Infinity
Jul 2021 1986.3909099005145 2.70 Infinity
Aug 2021 1975.9363555010116 -0.53 Infinity
Sep 2021 2003.8999056370599 1.42 Infinity
Oct 2021 2009.0127288468639 0.26 Infinity
Nov 2021 2039.3950477958772 1.51 Infinity
Dec 2021 2051.281904526688 0.58 Infinity
Jan 2022 2068.2842046486794 0.83 11.41
Feb 2022 2109.856218916316 2.01 15.90
Mar 2022 2116.197401504812 0.30 14.42
Apr 2022 2122.4082984766396 0.29 14.91
May 2022 2103.7256025666675 -0.88 10.95
Jun 2022 2119.1696111295737 0.73 9.57
Jul 2022 2088.4472893410843 -1.45 5.14
Aug 2022 2074.762204184626 -0.65 5.00
Sep 2022 2070.7350383438056 -0.19 3.34
Oct 2022 2085.576205313976 0.72 3.81
Nov 2022 2117.689463691955 1.54 3.84
Dec 2022 2154.323997324065 1.73 5.02
Jan 2023 2191.3477942489217 1.72 5.95
Feb 2023 2210.815102808699 0.89 4.79
Mar 2023 2203.9807320470627 -0.31 4.15
Apr 2023 2203.8020722625315 -0.01 3.84
May 2023 2187.534972594332 -0.74 3.98
Jun 2023 2176.3244076586066 -0.51 2.70
Jul 2023 2195.3967391472893 0.88 5.12
Aug 2023 2252.2038776140416 2.59 8.55
Sep 2023 2271.464355845028 0.86 9.69
Oct 2023 2269.2052412075554 -0.10 8.81
Nov 2023 2235.651949588295 -1.48 5.57
Dec 2023 2239.784727610854 0.19 3.97
Jan 2024 2235.681823765922 -0.18 2.02
Feb 2024 2203.047978880732 -1.46 -0.35
Mar 2024 2227.0181769312785 1.09 1.05
Apr 2024 2229.032648691856 0.09 1.15
May 2024 2272.7884599295244 1.96 3.90
Jun 2024 2264.012387975774 -0.39 4.03
Jul 2024 2257.100606515743 -0.30 2.81
Aug 2024 2239.3835971458175 -0.78 -0.57
Sep 2024 2211.349149935259 -1.25 -2.65
Oct 2024 2252.7008598261723 1.87 -0.73
Nov 2024 2258.25916013019 0.25 1.01
Dec 2024 2306.53012376847 2.14 2.98
Jan 2025 2311.3424704922886 0.21 3.38
Feb 2025 2341.1089048962112 1.29 6.27
Mar 2025 2343.481380377307 0.10 5.23
Apr 2025 2359.441209204637 0.68 5.85
May 2025 2351.764721138653 -0.32 3.48
Jun 2025 2374.99750808504 0.99 4.90
Jul 2025 2389.2277742688184 0.60 5.85
Aug 2025 2390.263088227877 0.04 6.74
Sep 2025 2413.6300061734064 0.98 9.15
Oct 2025 2386.4413759956274 -1.13 5.94
Nov 2025 2397.624235422247 0.47 6.17
Dec 2025 2353.9039195878 -1.82 2.05
Jan 2026 2347 -0.29 1.54