Lee County, 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 Lee County, Florida in February 2026 was $1,842.178. The month over month percentage change (MoM) was -0.45%, and the year over year percentage change (YoY) was -4.03%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Lee County, FL. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Lee County, FL.

You can see similar information for other Florida counties.

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.
Lee County, FL - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Lee County, FL - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 982.6953100560283 1284.08 NaN
Feb 2015 995.1267699129957 1.26 NaN
Mar 2015 1001.3026807158896 0.62 NaN
Apr 2015 1015.5909791784873 1.43 NaN
May 2015 1024.8909293795903 0.92 NaN
Jun 2015 1038.5141000164278 1.33 NaN
Jul 2015 1048.020866366025 0.92 NaN
Aug 2015 1054.5851392895665 0.63 NaN
Sep 2015 1065.242113874334 1.01 NaN
Oct 2015 1070.6084471790032 0.50 NaN
Nov 2015 1086.2751071689574 1.46 8952.29
Dec 2015 1089.5261856363963 0.30 1434.54
Jan 2016 1099.2360073507964 0.89 11.86
Feb 2016 1095.3207543021822 -0.36 10.07
Mar 2016 1100.9488168451794 0.51 9.95
Apr 2016 1106.302494611115 0.49 8.93
May 2016 1113.9234009585803 0.69 8.69
Jun 2016 1118.1842342418324 0.38 7.67
Jul 2016 1122.7519550311179 0.41 7.13
Aug 2016 1129.2130660852013 0.57 7.08
Sep 2016 1132.5680180922616 0.30 6.32
Oct 2016 1134.4779067393329 0.17 5.97
Nov 2016 1135.455153185239 0.09 4.53
Dec 2016 1140.2486789757995 0.42 4.66
Jan 2017 1146.0645044355967 0.51 4.26
Feb 2017 1154.2768249256737 0.72 5.38
Mar 2017 1161.362013313574 0.61 5.49
Apr 2017 1165.1408734240233 0.33 5.32
May 2017 1167.6061317079248 0.21 4.82
Jun 2017 1168.88918049529 0.11 4.54
Jul 2017 1172.3139392011701 0.29 4.41
Aug 2017 1174.9493581247214 0.23 4.05
Sep 2017 1179.508609976318 0.39 4.14
Oct 2017 1184.9362341844935 0.46 4.45
Nov 2017 1191.5594176910354 0.56 4.94
Dec 2017 1197.3991697428792 0.49 5.01
Jan 2018 1204.0601833766134 0.56 5.06
Feb 2018 1213.0971569895644 0.75 5.10
Mar 2018 1217.5648140273036 0.37 4.84
Apr 2018 1216.9607929580663 -0.05 4.45
May 2018 1217.4167574961955 0.04 4.27
Jun 2018 1218.850761204656 0.12 4.27
Jul 2018 1224.7126771637804 0.48 4.47
Aug 2018 1234.4400278209328 0.79 5.06
Sep 2018 1238.0416885113498 0.29 4.96
Oct 2018 1242.9478922404048 0.40 4.90
Nov 2018 1236.2659757474094 -0.54 3.75
Dec 2018 1240.6198573117292 0.35 3.61
Jan 2019 1242.7036754838887 0.17 3.21
Feb 2019 1246.3928512840425 0.30 2.75
Mar 2019 1248.4582841932568 0.17 2.54
Apr 2019 1255.6780708163174 0.58 3.18
May 2019 1262.2354745295736 0.52 3.68
Jun 2019 1268.9757868771708 0.53 4.11
Jul 2019 1270.9565647312997 0.16 3.78
Aug 2019 1269.789787537158 -0.09 2.86
Sep 2019 1272.7415169369551 0.23 2.80
Oct 2019 1274.5542987053204 0.14 2.54
Nov 2019 1284.4098032879067 0.77 3.89
Dec 2019 1285.6397646771875 0.10 3.63
Jan 2020 1287.6735275705385 0.16 3.62
Feb 2020 1287.0603612495136 -0.05 3.26
Mar 2020 1302.947766377588 1.23 4.37
Apr 2020 1301.154556829254 -0.14 3.62
May 2020 1304.3415960471043 0.25 3.34
Jun 2020 1308.770407320704 0.34 3.14
Jul 2020 1322.596218132884 1.06 4.06
Aug 2020 1332.381900915371 0.74 4.93
Sep 2020 1342.3783293690444 0.75 5.47
Oct 2020 1353.2170726986676 0.81 6.17
Nov 2020 1357.270138350508 0.30 5.67
Dec 2020 1367.8840046565335 0.78 6.40
Jan 2021 1376.6454591875113 0.64 6.91
Feb 2021 1394.1301166131789 1.27 8.32
Mar 2021 1419.0037633687723 1.78 8.91
Apr 2021 1445.7578607368225 1.89 11.11
May 2021 1473.8214200569905 1.94 12.99
Jun 2021 1507.3285738427853 2.27 15.17
Jul 2021 1548.8915662283937 2.76 17.11
Aug 2021 1604.2910769525174 3.58 20.41
Sep 2021 1649.11005317193 2.79 22.85
Oct 2021 1678.5825151181175 1.79 24.04
Nov 2021 1710.9485150638545 1.93 26.06
Dec 2021 1744.1843609189339 1.94 27.51
Jan 2022 1782.4328324308751 2.19 29.48
Feb 2022 1800.9039406437298 1.04 29.18
Mar 2022 1811.3936389874586 0.58 27.65
Apr 2022 1843.9199203252783 1.80 27.54
May 2022 1882.393242217861 2.09 27.72
Jun 2022 1909.2068745756792 1.42 26.66
Jul 2022 1919.480749278755 0.54 23.93
Aug 2022 1911.5532825812097 -0.41 19.15
Sep 2022 1921.5451415802975 0.52 16.52
Oct 2022 1949.0007670100083 1.43 16.11
Nov 2022 1983.914580393511 1.79 15.95
Dec 2022 2008.121408625513 1.22 15.13
Jan 2023 2013.2421300910898 0.26 12.95
Feb 2023 2022.6946583932545 0.47 12.32
Mar 2023 2041.1189427140655 0.91 12.68
Apr 2023 2041.045094991164 0.00 10.69
May 2023 2031.1069136591168 -0.49 7.90
Jun 2023 2017.0705802302887 -0.69 5.65
Jul 2023 2006.6772159486495 -0.51 4.54
Aug 2023 2005.5379565815465 -0.06 4.92
Sep 2023 1997.8695055158448 -0.38 3.97
Oct 2023 1994.9748529143599 -0.14 2.36
Nov 2023 1982.4307048174112 -0.63 -0.07
Dec 2023 1978.07312370668 -0.22 -1.50
Jan 2024 1978.525397105469 0.02 -1.72
Feb 2024 1980.8493119597188 0.12 -2.07
Mar 2024 1970.7738765069364 -0.51 -3.45
Apr 2024 1960.5778343443435 -0.52 -3.94
May 2024 1954.8097640443957 -0.29 -3.76
Jun 2024 1955.7234804899397 0.05 -3.04
Jul 2024 1952.1764823429085 -0.18 -2.72
Aug 2024 1956.5047964559408 0.22 -2.44
Sep 2024 1957.5818689750088 0.06 -2.02
Oct 2024 1957.149332612105 -0.02 -1.90
Nov 2024 1950.7909247854811 -0.32 -1.60
Dec 2024 1938.820522537288 -0.61 -1.98
Jan 2025 1930.5465792947325 -0.43 -2.42
Feb 2025 1919.6111754070957 -0.57 -3.09
Mar 2025 1916.2384836197652 -0.18 -2.77
Apr 2025 1915.1453154489127 -0.06 -2.32
May 2025 1912.586265861559 -0.13 -2.16
Jun 2025 1907.601430496304 -0.26 -2.46
Jul 2025 1905.8050540891331 -0.09 -2.37
Aug 2025 1895.7455500349492 -0.53 -3.10
Sep 2025 1886.6783599888172 -0.48 -3.62
Oct 2025 1872.7834457098204 -0.74 -4.31
Nov 2025 1865.0391276350563 -0.41 -4.40
Dec 2025 1858.966850964843 -0.33 -4.12
Jan 2026 1850.5514694519666 -0.45 -4.14
Feb 2026 1842.1782647945886 -0.45 -4.03