Zip Code: 98226 (Bellingham, 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 98226 Zip Code (Bellingham, Washington) in January 2026 was $2,101.77. The month over month percentage change (MoM) was -0.11%, and the year over year percentage change (YoY) was 2.53%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 98226 zip code (Bellingham, Washington). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 98226 zip code (Bellingham, 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: 98226 (Bellingham, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 98226 (Bellingham, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 1494.9074083647893 Infinity Infinity
Feb 2021 1508.3322650030232 0.90 Infinity
Mar 2021 1511.434299123086 0.21 Infinity
Apr 2021 1526.2963798875546 0.98 Infinity
May 2021 1541.1453958219033 0.97 Infinity
Jun 2021 1582.9647659742282 2.71 Infinity
Jul 2021 1607.76048538906 1.57 Infinity
Aug 2021 1647.911335695112 2.50 Infinity
Sep 2021 1680.4640657327257 1.98 Infinity
Oct 2021 1701.1193745622206 1.23 Infinity
Nov 2021 1785.3440291123322 4.95 Infinity
Dec 2021 1783.3474746974516 -0.11 Infinity
Jan 2022 1821.0650486102954 2.12 21.82
Feb 2022 1770.203965566624 -2.79 17.36
Mar 2022 1800.8361082818021 1.73 19.15
Apr 2022 1850.6594936428405 2.77 21.25
May 2022 1874.9128919937498 1.31 21.66
Jun 2022 1891.7262086131739 0.90 19.51
Jul 2022 1858.1686557912994 -1.77 15.58
Aug 2022 1853.032259527403 -0.28 12.45
Sep 2022 1864.4606725583749 0.62 10.95
Oct 2022 1890.6719160823072 1.41 11.14
Nov 2022 1894.4543381594497 0.20 6.11
Dec 2022 1910.0720651715376 0.82 7.11
Jan 2023 1893.3498995313983 -0.87 3.97
Feb 2023 1923.2609895162445 1.58 8.65
Mar 2023 1935.6947914036903 0.65 7.49
Apr 2023 1936.540961924482 0.04 4.64
May 2023 1937.2986236768295 0.04 3.33
Jun 2023 1910.1185942465415 -1.40 0.97
Jul 2023 1945.2710639223915 1.84 4.69
Aug 2023 1954.232390401614 0.46 5.46
Sep 2023 1983.9817214293942 1.52 6.41
Oct 2023 1981.1957630573288 -0.14 4.79
Nov 2023 1942.9610783418968 -1.93 2.56
Dec 2023 1942.2712011212852 -0.04 1.69
Jan 2024 1968.2774111277536 1.34 3.96
Feb 2024 1980.827907043621 0.64 2.99
Mar 2024 1978.2743638351687 -0.13 2.20
Apr 2024 1967.7869444567766 -0.53 1.61
May 2024 1982.7657189508698 0.76 2.35
Jun 2024 1989.4378045596557 0.34 4.15
Jul 2024 1996.8035032946561 0.37 2.65
Aug 2024 2020.81934743124 1.20 3.41
Sep 2024 2001.5102136662574 -0.96 0.88
Oct 2024 2000.1241943372834 -0.07 0.96
Nov 2024 2011.5506374092718 0.57 3.53
Dec 2024 2047.7698327007397 1.80 5.43
Jan 2025 2049.879702975287 0.10 4.15
Feb 2025 2055.160424208332 0.26 3.75
Mar 2025 2063.184964696399 0.39 4.29
Apr 2025 2077.5152888655625 0.70 5.58
May 2025 2076.645757689567 -0.04 4.74
Jun 2025 2096.04197596091 0.93 5.36
Jul 2025 2094.0896348836814 -0.09 4.87
Aug 2025 2085.460129542214 -0.41 3.20
Sep 2025 2096.177543704917 0.51 4.73
Oct 2025 2105.554434641712 0.45 5.27
Nov 2025 2124.174740916539 0.88 5.60
Dec 2025 2104.035919406169 -0.95 2.75
Jan 2026 2101.7696296296294 -0.11 2.53