Zip Code: 98406 (Tacoma, 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 98406 Zip Code (Tacoma, Washington) in January 2026 was $1,905.899. The month over month percentage change (MoM) was -0.62%, and the year over year percentage change (YoY) was 3.04%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 98406 zip code (Tacoma, Washington). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 98406 zip code (Tacoma, 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: 98406 (Tacoma, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 98406 (Tacoma, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 1199.1078332807876 Infinity Infinity
Jan 2018 1189.2255594408232 -0.82 Infinity
Feb 2018 1190.2744915061078 0.09 Infinity
Mar 2018 1193.4098740914915 0.26 Infinity
Apr 2018 1213.3454023992354 1.67 Infinity
May 2018 1228.4892797011426 1.25 Infinity
Jun 2018 1225.1089823318932 -0.28 Infinity
Jul 2018 1227.561359416544 0.20 Infinity
Aug 2018 1230.0625465926698 0.20 Infinity
Sep 2018 1250.4832135690729 1.66 Infinity
Oct 2018 1250.5069155743347 0.00 Infinity
Nov 2018 1258.5559113552226 0.64 Infinity
Dec 2018 1255.9773190013466 -0.20 4.74
Jan 2019 1276.4582371040299 1.63 7.34
Feb 2019 1276.1033867392343 -0.03 7.21
Mar 2019 1283.0554251196168 0.55 7.51
Apr 2019 1291.051609298187 0.62 6.40
May 2019 1287.457996442358 -0.28 4.80
Jun 2019 1302.6161477135379 1.18 6.33
Jul 2019 1304.0832704308705 0.11 6.23
Aug 2019 1331.2395979282594 2.08 8.23
Sep 2019 1331.292285042321 0.00 6.46
Oct 2019 1350.4952763479248 1.44 8.00
Nov 2019 1355.2762433715009 0.35 7.69
Dec 2019 1389.6156593627932 2.53 10.64
Jan 2020 1404.5544358750983 1.08 10.04
Feb 2020 1434.484446692728 2.13 12.41
Mar 2020 1403.5626315902982 -2.16 9.39
Apr 2020 1413.1773761416832 0.69 9.46
May 2020 1406.2710312853847 -0.49 9.23
Jun 2020 1411.2258159887197 0.35 8.34
Jul 2020 1420.1871569842801 0.64 8.90
Aug 2020 1426.3665888077633 0.44 7.15
Sep 2020 1439.1732013433873 0.90 8.10
Oct 2020 1442.051510688506 0.20 6.78
Nov 2020 1460.943285440482 1.31 7.80
Dec 2020 1472.3206799916702 0.78 5.95
Jan 2021 1481.0086379531806 0.59 5.44
Feb 2021 1476.4450856000212 -0.31 2.93
Mar 2021 1502.751641857522 1.78 7.07
Apr 2021 1541.8264434962737 2.60 9.10
May 2021 1594.1357496401054 3.39 13.36
Jun 2021 1600.9025440561975 0.42 13.44
Jul 2021 1600.712274128645 -0.01 12.71
Aug 2021 1606.0212618523303 0.33 12.60
Sep 2021 1634.6623873825552 1.78 13.58
Oct 2021 1649.0073224402881 0.88 14.35
Nov 2021 1645.35158013174 -0.22 12.62
Dec 2021 1640.0205605785331 -0.32 11.39
Jan 2022 1655.825631236059 0.96 11.80
Feb 2022 1700.8407692487833 2.72 15.20
Mar 2022 1707.6584404125801 0.40 13.64
Apr 2022 1693.950935097798 -0.80 9.87
May 2022 1669.6303252038435 -1.44 4.74
Jun 2022 1690.805706184626 1.27 5.62
Jul 2022 1708.8049915919648 1.07 6.75
Aug 2022 1710.1131878571857 0.08 6.48
Sep 2022 1697.0953137616984 -0.76 3.82
Oct 2022 1708.2923368238623 0.66 3.60
Nov 2022 1726.0267020668568 1.04 4.90
Dec 2022 1744.3640979393188 1.06 6.36
Jan 2023 1743.9382277982204 -0.02 5.32
Feb 2023 1729.2510620672224 -0.84 1.67
Mar 2023 1713.4272322493464 -0.91 0.34
Apr 2023 1711.476685346408 -0.11 1.03
May 2023 1716.9806386293114 0.32 2.84
Jun 2023 1721.1966381365585 0.25 1.80
Jul 2023 1728.0768220323844 0.40 1.13
Aug 2023 1746.4281703773197 1.06 2.12
Sep 2023 1758.5513091375578 0.69 3.62
Oct 2023 1753.3101033790572 -0.30 2.64
Nov 2023 1769.4223319215387 0.92 2.51
Dec 2023 1765.6854680661386 -0.21 1.22
Jan 2024 1786.8807879067906 1.20 2.46
Feb 2024 1772.6516400920664 -0.80 2.51
Mar 2024 1797.866986542155 1.42 4.93
Apr 2024 1797.5670422787368 -0.02 5.03
May 2024 1825.6315272118889 1.56 6.33
Jun 2024 1814.5486055253273 -0.61 5.42
Jul 2024 1833.254103584457 1.03 6.09
Aug 2024 1820.4625757691206 -0.70 4.24
Sep 2024 1822.3052590523134 0.10 3.63
Oct 2024 1812.5436635685162 -0.54 3.38
Nov 2024 1818.3868998115117 0.32 2.77
Dec 2024 1837.4705579701367 1.05 4.07
Jan 2025 1849.6110472712814 0.66 3.51
Feb 2025 1874.8815000243198 1.37 5.77
Mar 2025 1876.2819716495467 0.08 4.36
Apr 2025 1894.0650978175556 0.95 5.37
May 2025 1886.8317973175042 -0.38 3.35
Jun 2025 1902.0762842530235 0.81 4.82
Jul 2025 1893.1365161030394 -0.47 3.27
Aug 2025 1905.63735270191 0.66 4.68
Sep 2025 1911.961302113364 0.33 4.92
Oct 2025 1930.7640831682356 0.98 6.52
Nov 2025 1924.9966082312703 -0.30 5.86
Dec 2025 1917.761757041894 -0.38 4.37
Jan 2026 1905.8988095238094 -0.62 3.04