---
title: "Rental Price Index Forecast"
method: GET
path: "/v2/zip/rpi_forecast"
tags: ["Zipcode Level"]
---

# Rental Price Index Forecast

`GET /v2/zip/rpi_forecast`

Access HouseCanary's proprietary forecasted rental return metrics for a local ZIP code, derived from the HouseCanary rental price index (RPI), for insightful rental market analysis. RPI's are measured $ per SqFt. 

Source: HouseCanary 

Pricing Tier: Premium 

Updated: Monthly

## Request Query Params

<table><tr><th>Property</th><th>Type</th><th>Description</th><th>Example</th></tr>
<tr><td>zipcode</td><td>string</td><td>5-digit zipcode</td><td>33019</td>
        </tr>
</table>

## Response

<table><tr><th>Field</th><th>Type</th><th>Description</th><th>Example</th></tr>
<tr><td>returns_12mo_f</td><td>number</td><td>Forecast rental value appreciation for the next 12 months based on HPI forecast</td><td>4.2</td>
        </tr>
<tr><td>max_12mo_loss</td><td>number</td><td>Historical max percent loss in RPI over a 12 month period</td><td>-3.5</td>
        </tr>
<tr><td>risk_12mo_loss</td><td>number</td><td>Probability that this market's RPI will be lower 12 months from now than the current RPI</td><td>0.32</td>
        </tr>
</table>

## Query parameters

- `zipcode` string, required

## Response `200`

Success

- object[]
  - `zip/rpi_forecast` object
    - `api_code_description` string
    - `api_code` unknown
    - `result` object, nullable
      - `returns_12mo_f` number — Forecast rental value appreciation for the next 12 months based on HPI forecast
      - `max_12mo_loss` number — Historical max percent loss in RPI over a 12 month period
      - `risk_12mo_loss` number — Probability that this market's RPI will be lower 12 months from now than the current RPI
  - `zipcode_info` ZipcodeInfo
    - `zip` string, nullable — 5-digit zip code

## Other responses

- `400` — Bad Request
- `401` — Unauthorized
- `429` — Rate limit exceeded

---

[API](https://skmtc.net/housecanary/apis/housecanary-analytics-and-portfolio-monitoring-apis.md) · [All operations](https://skmtc.net/housecanary/apis/housecanary-analytics-and-portfolio-monitoring-apis/llms.txt) · [OpenAPI document](https://skmtc-service-staging.skmtc.workers.dev/v1/apis/housecanary/housecanary-analytics-and-portfolio-monitoring-apis/revisions/38afb6724de7/schema)