Birmingham (City), Alabama - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily in Birmingham (City), Alabama in February 2026 was $1,308.796. The month over month percentage change (MoM) was -0.17%, and the year over year percentage change (YoY) was 1.00%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Birmingham (City), AL. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Birmingham (City), AL.

You can see similar information for other Alabama cities.

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.
Birmingham (City), AL - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Birmingham (City), AL - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 847.104357551348 NaN NaN
Feb 2015 844.6489124994348 -0.29 NaN
Mar 2015 844.4763801899544 -0.02 NaN
Apr 2015 843.9957339996427 -0.06 NaN
May 2015 841.8856963708204 -0.25 NaN
Jun 2015 845.284709027591 0.40 NaN
Jul 2015 848.7154818671685 0.41 NaN
Aug 2015 851.094303050571 0.28 NaN
Sep 2015 852.3291525944321 0.14 NaN
Oct 2015 852.693814923231 0.04 NaN
Nov 2015 852.7731011618584 0.01 NaN
Dec 2015 855.3546164896582 0.30 NaN
Jan 2016 858.2541278119778 0.34 1.32
Feb 2016 864.6810522250347 0.75 2.37
Mar 2016 863.3909278027648 -0.15 2.24
Apr 2016 864.8557452891092 0.17 2.47
May 2016 871.4574732442238 0.76 3.51
Jun 2016 876.2181451183762 0.55 3.66
Jul 2016 875.1158489942239 -0.13 3.11
Aug 2016 872.599551673421 -0.29 2.53
Sep 2016 870.989135504346 -0.18 2.19
Oct 2016 871.9196599289453 0.11 2.26
Nov 2016 874.4611194422426 0.29 2.54
Dec 2016 875.7087103032633 0.14 2.38
Jan 2017 876.0493434001635 0.04 2.07
Feb 2017 873.1066241315635 -0.34 0.97
Mar 2017 882.3141713667156 1.06 2.19
Apr 2017 883.6105154278632 0.15 2.17
May 2017 882.7290756474968 -0.10 1.29
Jun 2017 878.3521595760244 -0.50 0.24
Jul 2017 884.4353649677757 0.69 1.07
Aug 2017 887.4279727281153 0.34 1.70
Sep 2017 894.2716115039115 0.77 2.67
Oct 2017 894.8968526644795 0.07 2.64
Nov 2017 900.8979237185728 0.67 3.02
Dec 2017 896.4009023761963 -0.50 2.36
Jan 2018 895.6553983670178 -0.08 2.24
Feb 2018 895.5863712751518 -0.01 2.58
Mar 2018 899.8885682550647 0.48 1.99
Apr 2018 905.822167308367 0.66 2.51
May 2018 910.5449942817536 0.52 3.15
Jun 2018 914.1416468354938 0.40 4.08
Jul 2018 914.9282224397965 0.09 3.45
Aug 2018 919.0889463441241 0.46 3.57
Sep 2018 918.7614597264848 -0.04 2.74
Oct 2018 924.2165664646465 0.59 3.28
Nov 2018 923.8326609792733 -0.04 2.55
Dec 2018 933.9067510622856 1.09 4.18
Jan 2019 937.4569649219184 0.38 4.67
Feb 2019 947.4194612087747 1.06 5.79
Mar 2019 946.65671280865 -0.08 5.20
Apr 2019 948.0373230629975 0.15 4.66
May 2019 950.4651081942181 0.26 4.38
Jun 2019 955.8010594992855 0.56 4.56
Jul 2019 959.3547455512173 0.37 4.86
Aug 2019 962.2324868239416 0.30 4.69
Sep 2019 966.5457013607938 0.45 5.20
Oct 2019 968.9849347232072 0.25 4.84
Nov 2019 972.9352142925547 0.41 5.32
Dec 2019 974.0139713912455 0.11 4.30
Jan 2020 978.4498956546072 0.46 4.37
Feb 2020 977.9926656122731 -0.05 3.23
Mar 2020 991.0393374479503 1.33 4.69
Apr 2020 998.5214492976462 0.76 5.33
May 2020 1001.3853840613282 0.29 5.36
Jun 2020 995.5280384040109 -0.58 4.16
Jul 2020 1000.8542258195597 0.54 4.33
Aug 2020 1000.3044401730524 -0.05 3.96
Sep 2020 1007.9942299967561 0.77 4.29
Oct 2020 1013.8613934484339 0.58 4.63
Nov 2020 1023.6658151233925 0.97 5.21
Dec 2020 1033.2416684924551 0.94 6.08
Jan 2021 1041.1595345049927 0.77 6.41
Feb 2021 1048.6290769017264 0.72 7.22
Mar 2021 1044.2426673813457 -0.42 5.37
Apr 2021 1044.1235989839013 -0.01 4.57
May 2021 1054.6595461020868 1.01 5.32
Jun 2021 1070.5349947517147 1.51 7.53
Jul 2021 1084.2347565818775 1.28 8.33
Aug 2021 1104.6801738352701 1.89 10.43
Sep 2021 1115.9076411648732 1.02 10.71
Oct 2021 1126.2420753068875 0.93 11.08
Nov 2021 1128.8503155294593 0.23 10.28
Dec 2021 1136.732047871769 0.70 10.02
Jan 2022 1143.8081933786061 0.62 9.86
Feb 2022 1148.2633769931524 0.39 9.50
Mar 2022 1156.1476021218093 0.69 10.72
Apr 2022 1169.3794883524338 1.14 12.00
May 2022 1178.2796780875303 0.76 11.72
Jun 2022 1183.4902521110555 0.44 10.55
Jul 2022 1185.0756021432624 0.13 9.30
Aug 2022 1183.1752815582224 -0.16 7.11
Sep 2022 1184.4949031133433 0.11 6.15
Oct 2022 1183.5890871777945 -0.08 5.09
Nov 2022 1195.031735514805 0.97 5.86
Dec 2022 1198.381371258561 0.28 5.42
Jan 2023 1203.515408958295 0.43 5.22
Feb 2023 1207.2221054812278 0.31 5.14
Mar 2023 1222.0905269225327 1.23 5.70
Apr 2023 1232.0015921001004 0.81 5.36
May 2023 1237.4225643002562 0.44 5.02
Jun 2023 1237.7355853260863 0.03 4.58
Jul 2023 1241.0846656878975 0.27 4.73
Aug 2023 1241.102567495271 0.00 4.90
Sep 2023 1240.3609633316755 -0.06 4.72
Oct 2023 1238.4315049268348 -0.16 4.63
Nov 2023 1240.8590267797467 0.20 3.84
Dec 2023 1243.437749663669 0.21 3.76
Jan 2024 1250.0692334622267 0.53 3.87
Feb 2024 1255.3582465182715 0.42 3.99
Mar 2024 1257.029990742326 0.13 2.86
Apr 2024 1254.611941830562 -0.19 1.84
May 2024 1254.143066847056 -0.04 1.35
Jun 2024 1257.4519226614484 0.26 1.59
Jul 2024 1265.07943173479 0.61 1.93
Aug 2024 1272.9019059908385 0.62 2.56
Sep 2024 1284.0623586289546 0.88 3.52
Oct 2024 1295.5283819591018 0.89 4.61
Nov 2024 1293.1887852753255 -0.18 4.22
Dec 2024 1292.4427273922606 -0.06 3.94
Jan 2025 1291.038984877499 -0.11 3.28
Feb 2025 1295.8718732665052 0.37 3.23
Mar 2025 1294.3797512810836 -0.11 2.97
Apr 2025 1297.1045718982673 0.21 3.39
May 2025 1300.9294232550687 0.30 3.73
Jun 2025 1304.5872078811824 0.28 3.75
Jul 2025 1303.9466254735576 -0.05 3.07
Aug 2025 1304.862803868178 0.07 2.51
Sep 2025 1302.8091316536618 -0.16 1.46
Oct 2025 1301.2090041374602 -0.12 0.44
Nov 2025 1305.255055122787 0.31 0.93
Dec 2025 1309.2133260715868 0.30 1.30
Jan 2026 1311.019060489341 0.14 1.55
Feb 2026 1308.796287821002 -0.17 1.00