Norfolk (City), Virginia - 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 Norfolk (City), Virginia in February 2026 was $1,696.2. The month over month percentage change (MoM) was 0.52%, and the year over year percentage change (YoY) was 5.55%.

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

You can see similar information for other Virginia 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.
Norfolk (City), VA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Norfolk (City), VA - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 962.591519287202 NaN NaN
Feb 2015 967.1561536157732 0.47 NaN
Mar 2015 965.0085146688253 -0.22 NaN
Apr 2015 966.2526504165135 0.13 NaN
May 2015 967.4861804173564 0.13 NaN
Jun 2015 971.8040300084284 0.45 NaN
Jul 2015 969.9672588902903 -0.19 NaN
Aug 2015 968.5964758170861 -0.14 NaN
Sep 2015 967.1452451949964 -0.15 NaN
Oct 2015 971.3025845767492 0.43 NaN
Nov 2015 976.7880548650644 0.56 NaN
Dec 2015 980.5985097471382 0.39 NaN
Jan 2016 978.1009001605113 -0.25 1.61
Feb 2016 977.0988508174045 -0.10 1.03
Mar 2016 974.9444504276473 -0.22 1.03
Apr 2016 976.1074883375641 0.12 1.02
May 2016 975.600270388929 -0.05 0.84
Jun 2016 977.2033580677238 0.16 0.56
Jul 2016 980.1622477064961 0.30 1.05
Aug 2016 984.1689605766294 0.41 1.61
Sep 2016 986.4995637472455 0.24 2.00
Oct 2016 988.71479329216 0.23 1.79
Nov 2016 987.4512913399776 -0.13 1.09
Dec 2016 992.0990859189193 0.47 1.17
Jan 2017 994.3132886908901 0.22 1.66
Feb 2017 999.5715778030888 0.53 2.30
Mar 2017 1003.8388718933938 0.43 2.96
Apr 2017 1004.2691941331897 0.04 2.89
May 2017 1005.5247987946624 0.13 3.07
Jun 2017 1009.7795097947732 0.42 3.33
Jul 2017 1014.0212874968839 0.42 3.45
Aug 2017 1017.0057125131693 0.29 3.34
Sep 2017 1020.4230065408088 0.34 3.44
Oct 2017 1024.256005881832 0.38 3.60
Nov 2017 1022.5751047949085 -0.16 3.56
Dec 2017 1017.3132717949076 -0.51 2.54
Jan 2018 1019.7234552202927 0.24 2.56
Feb 2018 1027.7331986947665 0.79 2.82
Mar 2018 1034.6142730165961 0.67 3.07
Apr 2018 1042.5953217921383 0.77 3.82
May 2018 1045.3480313223788 0.26 3.96
Jun 2018 1048.3049006965607 0.28 3.82
Jul 2018 1047.4613688400593 -0.08 3.30
Aug 2018 1049.983559910282 0.24 3.24
Sep 2018 1049.9254194698685 -0.01 2.89
Oct 2018 1050.8314589595602 0.09 2.60
Nov 2018 1064.1883776691986 1.27 4.07
Dec 2018 1072.0363884008655 0.74 5.38
Jan 2019 1079.7467464747426 0.72 5.89
Feb 2019 1074.1914994264716 -0.51 4.52
Mar 2019 1074.946887645246 0.07 3.90
Apr 2019 1076.1305505844584 0.11 3.22
May 2019 1081.4963171740158 0.50 3.46
Jun 2019 1084.8899943558524 0.31 3.49
Jul 2019 1091.371703447173 0.60 4.19
Aug 2019 1095.8183174837832 0.41 4.37
Sep 2019 1102.5839956867842 0.62 5.01
Oct 2019 1108.3500604864246 0.52 5.47
Nov 2019 1107.8733512376155 -0.04 4.11
Dec 2019 1112.5344552235485 0.42 3.78
Jan 2020 1114.3959718915723 0.17 3.21
Feb 2020 1123.2444688650608 0.79 4.57
Mar 2020 1126.1948588874407 0.26 4.77
Apr 2020 1130.6030524985345 0.39 5.06
May 2020 1137.1856289026325 0.58 5.15
Jun 2020 1142.874127323349 0.50 5.35
Jul 2020 1148.8860433189943 0.53 5.27
Aug 2020 1154.5634956495535 0.49 5.36
Sep 2020 1156.2547507701338 0.15 4.87
Oct 2020 1166.6131492696672 0.90 5.26
Nov 2020 1180.7634971372802 1.21 6.58
Dec 2020 1188.9727839081056 0.70 6.87
Jan 2021 1197.3617481034964 0.71 7.45
Feb 2021 1200.7311893058663 0.28 6.90
Mar 2021 1214.9242117723845 1.18 7.88
Apr 2021 1228.5634559377397 1.12 8.66
May 2021 1238.6495999181855 0.82 8.92
Jun 2021 1253.0697851596954 1.16 9.64
Jul 2021 1268.0233750655768 1.19 10.37
Aug 2021 1284.5167630627457 1.30 11.26
Sep 2021 1299.4188644441074 1.16 12.38
Oct 2021 1308.9906182406528 0.74 12.20
Nov 2021 1311.3336165227138 0.18 11.06
Dec 2021 1326.9132505005446 1.19 11.60
Jan 2022 1336.8229353156366 0.75 11.65
Feb 2022 1358.2416275438618 1.60 13.12
Mar 2022 1361.4842996385432 0.24 12.06
Apr 2022 1369.4098102023875 0.58 11.46
May 2022 1379.679149636344 0.75 11.39
Jun 2022 1391.090446809852 0.83 11.02
Jul 2022 1405.4817501399755 1.03 10.84
Aug 2022 1417.4517733756838 0.85 10.35
Sep 2022 1430.1553639802464 0.90 10.06
Oct 2022 1434.2337732487608 0.28 9.57
Nov 2022 1439.965676235307 0.40 9.81
Dec 2022 1436.5614547830396 -0.24 8.26
Jan 2023 1445.7889977637194 0.64 8.15
Feb 2023 1448.5555837088611 0.19 6.65
Mar 2023 1460.0100511883475 0.79 7.24
Apr 2023 1467.6153725011063 0.52 7.17
May 2023 1473.1953357906712 0.38 6.78
Jun 2023 1469.6098192695545 -0.24 5.64
Jul 2023 1464.1798574042068 -0.37 4.18
Aug 2023 1463.0269953372042 -0.08 3.22
Sep 2023 1474.8732018358617 0.81 3.13
Oct 2023 1489.8042436630049 1.01 3.88
Nov 2023 1500.1330175433616 0.69 4.18
Dec 2023 1505.4648277695703 0.36 4.80
Jan 2024 1501.6148464356318 -0.26 3.86
Feb 2024 1505.1946172032035 0.24 3.91
Mar 2024 1519.1432143909044 0.93 4.05
Apr 2024 1528.9580733985426 0.65 4.18
May 2024 1536.370831849661 0.49 4.29
Jun 2024 1539.9794299031084 0.24 4.79
Jul 2024 1558.9175276171518 1.23 6.47
Aug 2024 1572.4035655940902 0.87 7.48
Sep 2024 1574.3033218036182 0.12 6.74
Oct 2024 1576.436772331079 0.14 5.82
Nov 2024 1579.3853298221281 0.19 5.28
Dec 2024 1586.05204438832 0.42 5.35
Jan 2025 1596.5226702855105 0.66 6.32
Feb 2025 1606.9645953707231 0.65 6.76
Mar 2025 1606.3841530942484 -0.04 5.74
Apr 2025 1610.2879887896318 0.24 5.32
May 2025 1616.8524889251298 0.41 5.24
Jun 2025 1630.8036732996266 0.86 5.90
Jul 2025 1633.126641912805 0.14 4.76
Aug 2025 1638.3862212563527 0.32 4.20
Sep 2025 1646.1328357952236 0.47 4.56
Oct 2025 1654.4686737234883 0.51 4.95
Nov 2025 1664.705005977293 0.62 5.40
Dec 2025 1676.3596762510788 0.70 5.69
Jan 2026 1687.4822399542322 0.66 5.70
Feb 2026 1696.2004674357615 0.52 5.55