Palm Bay (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 Palm Bay (City), Florida in February 2026 was $1,866.193. The month over month percentage change (MoM) was 0.20%, and the year over year percentage change (YoY) was 0.34%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Palm Bay (City), FL. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Palm Bay (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.
Palm Bay (City), FL - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Palm Bay (City), FL - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 912.0647926277567 NaN NaN
Feb 2015 922.5746315724036 1.15 NaN
Mar 2015 931.9797455994482 1.02 NaN
Apr 2015 940.0484298226421 0.87 NaN
May 2015 949.8383223623501 1.04 NaN
Jun 2015 956.4339437428711 0.69 NaN
Jul 2015 967.6012223449819 1.17 NaN
Aug 2015 974.9190701628808 0.76 NaN
Sep 2015 982.4085975837005 0.77 NaN
Oct 2015 988.0941621726637 0.58 NaN
Nov 2015 987.4841277467026 -0.06 NaN
Dec 2015 992.2676871900709 0.48 NaN
Jan 2016 1000.635938219355 0.84 9.71
Feb 2016 1009.6320625528189 0.90 9.44
Mar 2016 1011.3299460999381 0.17 8.51
Apr 2016 1013.4644595610152 0.21 7.81
May 2016 1019.3378505576572 0.58 7.32
Jun 2016 1026.457873571675 0.70 7.32
Jul 2016 1031.6739769149967 0.51 6.62
Aug 2016 1039.037834070053 0.71 6.58
Sep 2016 1051.147420414497 1.17 7.00
Oct 2016 1060.211468782913 0.86 7.30
Nov 2016 1075.4302397401477 1.44 8.91
Dec 2016 1080.1288164630648 0.44 8.86
Jan 2017 1086.250776695172 0.57 8.56
Feb 2017 1095.5725880031662 0.86 8.51
Mar 2017 1107.4733426175223 1.09 9.51
Apr 2017 1118.613151889421 1.01 10.38
May 2017 1116.2922778418965 -0.21 9.51
Jun 2017 1123.078438430259 0.61 9.41
Jul 2017 1129.4458369940903 0.57 9.48
Aug 2017 1132.6296793797876 0.28 9.01
Sep 2017 1135.1772363511634 0.23 7.99
Oct 2017 1143.7332108281612 0.75 7.88
Nov 2017 1151.811161489574 0.71 7.10
Dec 2017 1161.1594060740983 0.81 7.50
Jan 2018 1169.798813609974 0.74 7.69
Feb 2018 1176.6132205802205 0.58 7.40
Mar 2018 1187.237598904499 0.90 7.20
Apr 2018 1187.2908140907598 0.00 6.14
May 2018 1198.7548131319486 0.97 7.39
Jun 2018 1199.0539085031812 0.03 6.77
Jul 2018 1207.4907025333102 0.70 6.91
Aug 2018 1218.3197617815529 0.90 7.57
Sep 2018 1221.0423377148134 0.22 7.56
Oct 2018 1227.1361899330159 0.50 7.29
Nov 2018 1223.9880413515762 -0.26 6.27
Dec 2018 1236.1005300119975 0.99 6.45
Jan 2019 1234.882054278876 -0.10 5.56
Feb 2019 1241.5398943721154 0.54 5.52
Mar 2019 1241.7293383257245 0.02 4.59
Apr 2019 1250.4049749498142 0.70 5.32
May 2019 1255.95059904955 0.44 4.77
Jun 2019 1265.0232411912027 0.72 5.50
Jul 2019 1267.8494312531489 0.22 5.00
Aug 2019 1269.682450259668 0.14 4.22
Sep 2019 1276.8666550170694 0.57 4.57
Oct 2019 1278.7309765815826 0.15 4.20
Nov 2019 1286.6415220855238 0.62 5.12
Dec 2019 1283.9487127561936 -0.21 3.87
Jan 2020 1291.4165955853935 0.58 4.58
Feb 2020 1292.7872022403349 0.11 4.13
Mar 2020 1307.1521217699287 1.11 5.27
Apr 2020 1308.5546996765434 0.11 4.65
May 2020 1311.552551551179 0.23 4.43
Jun 2020 1313.0563186172783 0.12 3.80
Jul 2020 1316.6585092382181 0.27 3.85
Aug 2020 1325.9797695579432 0.71 4.43
Sep 2020 1329.0684398948051 0.23 4.09
Oct 2020 1341.3524009860762 0.92 4.90
Nov 2020 1351.8053328437645 0.78 5.07
Dec 2020 1370.090446119664 1.35 6.71
Jan 2021 1388.3355987892824 1.33 7.51
Feb 2021 1413.9125207020115 1.84 9.37
Mar 2021 1423.892286884702 0.71 8.93
Apr 2021 1441.7154510982957 1.25 10.18
May 2021 1463.4992788455522 1.51 11.59
Jun 2021 1489.5160303683128 1.78 13.44
Jul 2021 1520.7147613854058 2.10 15.50
Aug 2021 1549.8176240252255 1.91 16.88
Sep 2021 1589.885671953183 2.59 19.62
Oct 2021 1623.7300802657837 2.13 21.05
Nov 2021 1661.4659060831373 2.32 22.91
Dec 2021 1677.9373503498846 0.99 22.47
Jan 2022 1694.900531487497 1.01 22.08
Feb 2022 1697.4685601467456 0.15 20.06
Mar 2022 1721.4699729422375 1.41 20.90
Apr 2022 1734.6252941368223 0.76 20.32
May 2022 1747.913198566405 0.77 19.43
Jun 2022 1763.8043452368258 0.91 18.42
Jul 2022 1781.6446437803568 1.01 17.16
Aug 2022 1794.1655884573267 0.70 15.77
Sep 2022 1798.995239950513 0.27 13.15
Oct 2022 1804.2213412300523 0.29 11.12
Nov 2022 1800.2758071922005 -0.22 8.36
Dec 2022 1802.5843626590868 0.13 7.43
Jan 2023 1801.7733874192525 -0.04 6.31
Feb 2023 1815.5251971509172 0.76 6.96
Mar 2023 1824.0714850433892 0.47 5.96
Apr 2023 1825.1171841357263 0.06 5.22
May 2023 1829.186413106122 0.22 4.65
Jun 2023 1830.812020681265 0.09 3.80
Jul 2023 1835.801211115813 0.27 3.04
Aug 2023 1833.9315126333988 -0.10 2.22
Sep 2023 1822.011384550787 -0.65 1.28
Oct 2023 1814.5434820776572 -0.41 0.57
Nov 2023 1811.7912562024921 -0.15 0.64
Dec 2023 1814.521273087105 0.15 0.66
Jan 2024 1815.2383334170531 0.04 0.75
Feb 2024 1817.2204957894157 0.11 0.09
Mar 2024 1820.8271614047835 0.20 -0.18
Apr 2024 1826.8425316693151 0.33 0.10
May 2024 1831.8823177539539 0.28 0.15
Jun 2024 1831.5069270211625 -0.02 0.04
Jul 2024 1833.6690751508986 0.12 -0.12
Aug 2024 1836.1295285550748 0.13 0.12
Sep 2024 1849.8576951235264 0.75 1.53
Oct 2024 1850.1659823933312 0.02 1.96
Nov 2024 1854.5367599136407 0.24 2.36
Dec 2024 1863.5742078678793 0.49 2.70
Jan 2025 1864.3011001971124 0.04 2.70
Feb 2025 1859.797921476311 -0.24 2.34
Mar 2025 1855.9604263611702 -0.21 1.93
Apr 2025 1855.2525442686774 -0.04 1.56
May 2025 1853.4403318792395 -0.10 1.18
Jun 2025 1855.9421182158842 0.14 1.33
Jul 2025 1854.1515780496588 -0.10 1.12
Aug 2025 1856.1114696124264 0.11 1.09
Sep 2025 1854.9429652943054 -0.06 0.28
Oct 2025 1861.5745470214736 0.36 0.62
Nov 2025 1864.121710108688 0.14 0.52
Dec 2025 1859.5872982617202 -0.24 -0.21
Jan 2026 1862.5108151657735 0.16 -0.10
Feb 2026 1866.1929373198554 0.20 0.34