Zip Code: 99223 (Spokane, 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 99223 Zip Code (Spokane, Washington) in January 2026 was $1,777.833. The month over month percentage change (MoM) was -0.58%, and the year over year percentage change (YoY) was -0.22%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 99223 zip code (Spokane, Washington). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 99223 zip code (Spokane, 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: 99223 (Spokane, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 99223 (Spokane, Washington) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) 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 1269.3407474335906 Infinity Infinity
Feb 2020 1275.8761376773184 0.52 Infinity
Mar 2020 1274.2491303132051 -0.13 Infinity
Apr 2020 1264.7378416500567 -0.75 Infinity
May 2020 1243.4965954352342 -1.68 Infinity
Jun 2020 1221.6258049905605 -1.76 Infinity
Jul 2020 1228.0483415129124 0.53 Infinity
Aug 2020 1242.6582468018837 1.19 Infinity
Sep 2020 1269.5907787777255 2.17 Infinity
Oct 2020 1308.442919589318 3.06 Infinity
Nov 2020 1332.0484015196705 1.80 Infinity
Dec 2020 1357.4534617764773 1.91 Infinity
Jan 2021 1375.3312909709755 1.32 8.35
Feb 2021 1402.2950446049967 1.96 9.91
Mar 2021 1425.4394269888924 1.65 11.87
Apr 2021 1480.0542014058083 3.83 17.02
May 2021 1583.6631897862328 7.00 27.36
Jun 2021 1683.383507125288 6.30 37.80
Jul 2021 1727.8019043593283 2.64 40.70
Aug 2021 1736.0215506459667 0.48 39.70
Sep 2021 1720.3344381272643 -0.90 35.50
Oct 2021 1698.0786605224857 -1.29 29.78
Nov 2021 1662.544263847204 -2.09 24.81
Dec 2021 1665.4047505167578 0.17 22.69
Jan 2022 1678.4002396562341 0.78 22.04
Feb 2022 1701.8131063492365 1.40 21.36
Mar 2022 1715.5603170337201 0.81 20.35
Apr 2022 1710.2255524756454 -0.31 15.55
May 2022 1690.7147366916777 -1.14 6.76
Jun 2022 1664.2174047909914 -1.57 -1.14
Jul 2022 1664.5653811570348 0.02 -3.66
Aug 2022 1673.382691813548 0.53 -3.61
Sep 2022 1689.9750694949198 0.99 -1.76
Oct 2022 1708.8394490865476 1.12 0.63
Nov 2022 1751.9513131726967 2.52 5.38
Dec 2022 1767.774330214368 0.90 6.15
Jan 2023 1762.1442253276969 -0.32 4.99
Feb 2023 1756.0581472121967 -0.34 3.19
Mar 2023 1735.4500334173745 -1.17 1.16
Apr 2023 1745.2740209355488 0.57 2.05
May 2023 1742.2509086192736 -0.17 3.05
Jun 2023 1759.2185545303184 0.97 5.71
Jul 2023 1757.8854998993388 -0.08 5.61
Aug 2023 1731.4791033043596 -1.50 3.47
Sep 2023 1737.742153196733 0.36 2.83
Oct 2023 1729.0691944975201 -0.50 1.18
Nov 2023 1737.8637639089916 0.51 -0.80
Dec 2023 1711.5683601946116 -1.51 -3.18
Jan 2024 1727.9213452110625 0.96 -1.94
Feb 2024 1744.7945471765092 0.98 -0.64
Mar 2024 1773.626289671327 1.65 2.20
Apr 2024 1761.817031690723 -0.67 0.95
May 2024 1720.703596298508 -2.33 -1.24
Jun 2024 1720.2626825759637 -0.03 -2.21
Jul 2024 1743.4418907367885 1.35 -0.82
Aug 2024 1808.4547988716386 3.73 4.45
Sep 2024 1801.219240339504 -0.40 3.65
Oct 2024 1798.6115482093792 -0.14 4.02
Nov 2024 1765.678523173987 -1.83 1.60
Dec 2024 1774.9247206558562 0.52 3.70
Jan 2025 1781.7625943766732 0.39 3.12
Feb 2025 1772.8677022746692 -0.50 1.61
Mar 2025 1763.491923852789 -0.53 -0.57
Apr 2025 1772.8385104300246 0.53 0.63
May 2025 1811.309995081966 2.17 5.27
Jun 2025 1810.8401423305559 -0.03 5.27
Jul 2025 1796.237578133013 -0.81 3.03
Aug 2025 1760.200229394744 -2.01 -2.67
Sep 2025 1762.7952244448077 0.15 -2.13
Oct 2025 1768.5417557176563 0.33 -1.67
Nov 2025 1783.641368083171 0.85 1.02
Dec 2025 1788.2978910677975 0.26 0.75
Jan 2026 1777.8333333333333 -0.58 -0.22