Cape Coral (City), Florida - 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 Cape Coral (City), Florida in February 2026 was $1,898.454. The month over month percentage change (MoM) was -0.81%, and the year over year percentage change (YoY) was -6.10%.

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

You can see similar information for other Florida 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.
Cape Coral (City), FL - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Cape Coral (City), FL - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1030.3099155518944 NaN NaN
Feb 2015 1045.966838225465 1.52 NaN
Mar 2015 1041.0247911500662 -0.47 NaN
Apr 2015 1065.7518055321236 2.38 NaN
May 2015 1080.741125514687 1.41 NaN
Jun 2015 1104.0878480054917 2.16 NaN
Jul 2015 1106.5240884480754 0.22 NaN
Aug 2015 1104.9479203480919 -0.14 NaN
Sep 2015 1111.9440994330328 0.63 NaN
Oct 2015 1126.578333440106 1.32 NaN
Nov 2015 1136.9520947111355 0.92 NaN
Dec 2015 1140.3381718984551 0.30 NaN
Jan 2016 1148.827284532961 0.74 11.50
Feb 2016 1153.211493195441 0.38 10.25
Mar 2016 1168.888011421535 1.36 12.28
Apr 2016 1166.8236551076852 -0.18 9.48
May 2016 1166.0502105821781 -0.07 7.89
Jun 2016 1161.4327751393587 -0.40 5.19
Jul 2016 1172.813105271051 0.98 5.99
Aug 2016 1185.0172789280173 1.04 7.25
Sep 2016 1195.6296758909205 0.90 7.53
Oct 2016 1192.209237009758 -0.29 5.83
Nov 2016 1197.8718204360166 0.48 5.36
Dec 2016 1196.7442917811836 -0.09 4.95
Jan 2017 1203.0374436603813 0.53 4.72
Feb 2017 1206.1705926919783 0.26 4.59
Mar 2017 1211.273008927457 0.42 3.63
Apr 2017 1218.0614508201652 0.56 4.39
May 2017 1222.204708609503 0.34 4.82
Jun 2017 1225.6635828091783 0.28 5.53
Jul 2017 1228.2329356867594 0.21 4.72
Aug 2017 1231.9166353457426 0.30 3.96
Sep 2017 1236.1103994786677 0.34 3.39
Oct 2017 1236.9721364457723 0.07 3.76
Nov 2017 1239.7983273903392 0.23 3.50
Dec 2017 1250.188349479289 0.84 4.47
Jan 2018 1260.9600845913976 0.86 4.82
Feb 2018 1270.7889378470484 0.78 5.36
Mar 2018 1273.4722774972126 0.21 5.14
Apr 2018 1276.0949423143122 0.21 4.76
May 2018 1279.3961498976398 0.26 4.68
Jun 2018 1281.5647735662385 0.17 4.56
Jul 2018 1282.0165275444235 0.04 4.38
Aug 2018 1288.943927794922 0.54 4.63
Sep 2018 1289.0113819403894 0.01 4.28
Oct 2018 1295.8814621581294 0.53 4.76
Nov 2018 1294.2978763154504 -0.12 4.40
Dec 2018 1300.6775555888044 0.49 4.04
Jan 2019 1302.8869036105004 0.17 3.33
Feb 2019 1303.2265801883304 0.03 2.55
Mar 2019 1306.2669110959478 0.23 2.58
Apr 2019 1311.0657081549168 0.37 2.74
May 2019 1316.5523111389612 0.42 2.90
Jun 2019 1323.6217536856796 0.54 3.28
Jul 2019 1329.4987258648273 0.44 3.70
Aug 2019 1329.5527704769395 0.00 3.15
Sep 2019 1334.524601423992 0.37 3.53
Oct 2019 1338.425909817556 0.29 3.28
Nov 2019 1345.9582380389459 0.56 3.99
Dec 2019 1345.1440308333013 -0.06 3.42
Jan 2020 1345.5768253731367 0.03 3.28
Feb 2020 1348.7581428429273 0.24 3.49
Mar 2020 1356.305956668718 0.56 3.83
Apr 2020 1359.3763409466742 0.23 3.69
May 2020 1358.6581340709831 -0.05 3.20
Jun 2020 1365.0776038023025 0.47 3.13
Jul 2020 1382.5095595063372 1.28 3.99
Aug 2020 1404.2183965621746 1.57 5.62
Sep 2020 1422.121887840765 1.27 6.56
Oct 2020 1437.730358291597 1.10 7.42
Nov 2020 1436.4509258607757 -0.09 6.72
Dec 2020 1454.6265008992937 1.26 8.14
Jan 2021 1462.0971347531754 0.51 8.66
Feb 2021 1489.059437922709 1.84 10.40
Mar 2021 1510.3453382102252 1.43 11.36
Apr 2021 1535.4952306080936 1.67 12.96
May 2021 1569.2645250028208 2.20 15.50
Jun 2021 1598.534761872763 1.87 17.10
Jul 2021 1636.7407467050684 2.39 18.39
Aug 2021 1685.6723920294992 2.99 20.04
Sep 2021 1733.3356045684882 2.83 21.88
Oct 2021 1757.6224469492226 1.40 22.25
Nov 2021 1790.974414699168 1.90 24.68
Dec 2021 1824.3480038105095 1.86 25.42
Jan 2022 1874.937804680737 2.77 28.24
Feb 2022 1891.2419654068362 0.87 27.01
Mar 2022 1904.841778133485 0.72 26.12
Apr 2022 1936.1976338100574 1.65 26.10
May 2022 1973.3150928554992 1.92 25.75
Jun 2022 2003.868914280405 1.55 25.36
Jul 2022 2019.0308534076466 0.76 23.36
Aug 2022 2010.437717449477 -0.43 19.27
Sep 2022 2016.0738687395674 0.28 16.31
Oct 2022 2045.6734945265825 1.47 16.39
Nov 2022 2080.3252478573804 1.69 16.16
Dec 2022 2091.7483518535146 0.55 14.66
Jan 2023 2083.25529211534 -0.41 11.11
Feb 2023 2094.15905670365 0.52 10.73
Mar 2023 2121.7441324930587 1.32 11.39
Apr 2023 2127.399936238648 0.27 9.88
May 2023 2119.243084964967 -0.38 7.40
Jun 2023 2108.750585681855 -0.49 5.23
Jul 2023 2098.057270126552 -0.51 3.91
Aug 2023 2092.8931669183753 -0.25 4.10
Sep 2023 2088.2607184982376 -0.22 3.58
Oct 2023 2089.9719325851224 0.08 2.17
Nov 2023 2088.193293074643 -0.08 0.38
Dec 2023 2087.1291086082933 -0.05 -0.22
Jan 2024 2094.0914239109256 0.33 0.52
Feb 2024 2090.09439069231 -0.19 -0.19
Mar 2024 2079.6150262997753 -0.50 -1.99
Apr 2024 2065.8716712386044 -0.66 -2.89
May 2024 2058.0803926304047 -0.38 -2.89
Jun 2024 2055.9353648888805 -0.10 -2.50
Jul 2024 2053.989132244253 -0.09 -2.10
Aug 2024 2057.42174867417 0.17 -1.69
Sep 2024 2054.958687113651 -0.12 -1.59
Oct 2024 2051.506812516564 -0.17 -1.84
Nov 2024 2044.2747235383047 -0.35 -2.10
Dec 2024 2032.7219236361734 -0.56 -2.61
Jan 2025 2028.1572331372852 -0.22 -3.15
Feb 2025 2021.811239025178 -0.31 -3.27
Mar 2025 2013.76374576224 -0.40 -3.17
Apr 2025 2012.3434346448528 -0.07 -2.59
May 2025 2009.3548846364595 -0.15 -2.37
Jun 2025 2002.7718978504495 -0.33 -2.59
Jul 2025 1996.8722903134378 -0.29 -2.78
Aug 2025 1986.8093832937725 -0.50 -3.43
Sep 2025 1976.393837658582 -0.52 -3.82
Oct 2025 1958.497790648056 -0.90 -4.53
Nov 2025 1942.1802598865543 -0.83 -4.99
Dec 2025 1931.5280991839693 -0.55 -4.98
Jan 2026 1913.9540331837318 -0.91 -5.63
Feb 2026 1898.4541369804163 -0.81 -6.10