Niceville (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 Niceville (City), Florida in February 2026 was $1,978.769. The month over month percentage change (MoM) was -0.12%, and the year over year percentage change (YoY) was -1.37%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Niceville (City), FL. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Niceville (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.
Niceville (City), FL - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Niceville (City), FL - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1043.7637143325858 NaN NaN
Feb 2015 1064.0661098838166 1.95 NaN
Mar 2015 1058.1626707489813 -0.56 NaN
Apr 2015 1083.5600138842499 2.40 NaN
May 2015 1088.5259706596505 0.46 NaN
Jun 2015 1100.2959400804068 1.08 NaN
Jul 2015 1091.249652479003 -0.82 NaN
Aug 2015 1084.7316385442168 -0.60 NaN
Sep 2015 1099.9082463305601 1.40 NaN
Oct 2015 1104.0979007040867 0.38 NaN
Nov 2015 1130.3180620339479 2.38 NaN
Dec 2015 1133.8776051959062 0.32 NaN
Jan 2016 1147.2956712195175 1.18 9.92
Feb 2016 1129.2166113159756 -1.58 6.12
Mar 2016 1139.7090301736723 0.93 7.71
Apr 2016 0 -100.00 -100.00
May 2016 1129.7116067478737 Infinity 3.78
Jun 2016 1121.5403759859373 -0.72 1.93
Jul 2016 1140.174138021535 1.66 4.48
Aug 2016 1144.5144505918022 0.38 5.51
Sep 2016 1153.9706091751589 0.83 4.92
Oct 2016 1160.3823304193804 0.56 5.10
Nov 2016 1163.743017760777 0.29 2.96
Dec 2016 1153.2731417634238 -0.90 1.71
Jan 2017 1150.6410017306994 -0.23 0.29
Feb 2017 1163.6209868906656 1.13 3.05
Mar 2017 1170.854667046464 0.62 2.73
Apr 2017 1158.357383310791 -1.07 Infinity
May 2017 1167.1935679266483 0.76 3.32
Jun 2017 1175.217094248833 0.69 4.79
Jul 2017 1202.5551625100313 2.33 5.47
Aug 2017 1209.5130770254775 0.58 5.68
Sep 2017 1201.6997534219104 -0.65 4.14
Oct 2017 1207.6771603899417 0.50 4.08
Nov 2017 1211.9454743284687 0.35 4.14
Dec 2017 1234.0821026608553 1.83 7.01
Jan 2018 1240.7335702354046 0.54 7.83
Feb 2018 1240.6404627994075 -0.01 6.62
Mar 2018 1229.554632209868 -0.89 5.01
Apr 2018 1298.040170681611 5.57 12.06
May 2018 1313.476568633078 1.19 12.53
Jun 2018 1339.3892323041891 1.97 13.97
Jul 2018 1283.0609641786768 -4.21 6.70
Aug 2018 1288.3574132519416 0.41 6.52
Sep 2018 1291.3404786231679 0.23 7.46
Oct 2018 1300.9153790631312 0.74 7.72
Nov 2018 1313.8883865281086 1.00 8.41
Dec 2018 1323.2981089275163 0.72 7.23
Jan 2019 1332.0183395263716 0.66 7.36
Feb 2019 1353.0537482032842 1.58 9.06
Mar 2019 1375.0434717123933 1.63 11.83
Apr 2019 1346.9164619155267 -2.05 3.77
May 2019 1347.9487340080661 0.08 2.62
Jun 2019 1344.941056163447 -0.22 0.42
Jul 2019 1388.965443736302 3.27 8.25
Aug 2019 1401.2455052357432 0.88 8.76
Sep 2019 1421.6449449986217 1.46 10.09
Oct 2019 1430.6234701056574 0.63 9.97
Nov 2019 1437.8036970680314 0.50 9.43
Dec 2019 1442.4541098550935 0.32 9.00
Jan 2020 1454.1543710899575 0.81 9.17
Feb 2020 1457.3835108500539 0.22 7.71
Mar 2020 1434.9354706224822 -1.54 4.36
Apr 2020 1407.9568586582052 -1.88 4.53
May 2020 1413.1005303961667 0.37 4.83
Jun 2020 1426.7947191599635 0.97 6.09
Jul 2020 1448.4585538015017 1.52 4.28
Aug 2020 1457.0911762100475 0.60 3.99
Sep 2020 1458.770496246411 0.12 2.61
Oct 2020 1478.8238326933104 1.38 3.37
Nov 2020 1483.424108199584 0.31 3.17
Dec 2020 1509.7432515987705 1.77 4.67
Jan 2021 1527.7582512572692 1.19 5.06
Feb 2021 1535.3671670606157 0.50 5.35
Mar 2021 1538.2028513027774 0.19 7.20
Apr 2021 1563.1245889407037 1.62 11.02
May 2021 1591.896816887123 1.84 12.65
Jun 2021 1618.3728029150361 1.66 13.43
Jul 2021 1640.734748017952 1.38 13.28
Aug 2021 1664.539911573874 1.45 14.24
Sep 2021 1690.1854217457098 1.54 15.86
Oct 2021 1702.1544844070454 0.71 15.10
Nov 2021 0 -100.00 -100.00
Dec 2021 1741.1575481321158 Infinity 15.33
Jan 2022 1739.722567178302 -0.08 13.87
Feb 2022 1743.8247629632028 0.24 13.58
Mar 2022 1781.111179089561 2.14 15.79
Apr 2022 1821.1639544382572 2.25 16.51
May 2022 1836.5945299551547 0.85 15.37
Jun 2022 1857.8103883831852 1.16 14.80
Jul 2022 1859.629750110491 0.10 13.34
Aug 2022 1876.1138138501142 0.89 12.71
Sep 2022 1869.679845044224 -0.34 10.62
Oct 2022 1873.8092022020667 0.22 10.09
Nov 2022 1872.635252452338 -0.06 Infinity
Dec 2022 1876.2286745861084 0.19 7.76
Jan 2023 1894.3980104735406 0.97 8.89
Feb 2023 1913.7005902993255 1.02 9.74
Mar 2023 1925.0167948568883 0.59 8.08
Apr 2023 1921.1844807859352 -0.20 5.49
May 2023 1922.685726793801 0.08 4.69
Jun 2023 1942.2378033628986 1.02 4.54
Jul 2023 1942.6703066121484 0.02 4.47
Aug 2023 1931.9520040682962 -0.55 2.98
Sep 2023 1911.4406656633635 -1.06 2.23
Oct 2023 1917.555100718907 0.32 2.34
Nov 2023 1915.7192913672393 -0.10 2.30
Dec 2023 1922.7844215672708 0.37 2.48
Jan 2024 1930.5621030363086 0.41 1.91
Feb 2024 1938.7130045927092 0.42 1.31
Mar 2024 1939.9432169620857 0.06 0.78
Apr 2024 1952.0193438768897 0.62 1.61
May 2024 1967.074260674862 0.77 2.31
Jun 2024 1919.7777373877793 -2.40 -1.16
Jul 2024 1917.9168001891921 -0.10 -1.27
Aug 2024 1920.6457696352618 0.14 -0.58
Sep 2024 1985.5306379355457 3.38 3.88
Oct 2024 1986.5122066958832 0.05 3.60
Nov 2024 1990.6213461157472 0.21 3.91
Dec 2024 2001.7424366930775 0.56 4.11
Jan 2025 2016.8563102598036 0.76 4.47
Feb 2025 2006.1946504647203 -0.53 3.48
Mar 2025 2006.3029886033792 0.01 3.42
Apr 2025 2002.9629801972353 -0.17 2.61
May 2025 1998.9998459626504 -0.20 1.62
Jun 2025 2031.667827454136 1.63 5.83
Jul 2025 2041.6774499851747 0.49 6.45
Aug 2025 2048.664358248944 0.34 6.67
Sep 2025 2013.550432144752 -1.71 1.41
Oct 2025 2012.9088214859723 -0.03 1.33
Nov 2025 2012.3006493782698 -0.03 1.09
Dec 2025 2000.5187010032573 -0.58 -0.06
Jan 2026 1981.0990024857683 -0.97 -1.77
Feb 2026 1978.7692307692307 -0.12 -1.37