Asheville, NC (Metro) - 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 the Asheville, NC Metro in February 2026 was $1,756.718. The month over month percentage change (MoM) was -0.06%, and the year over year percentage change (YoY) was -0.60%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the Asheville, NC metro. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the Asheville, NC metro.

You can see similar information for other US metros, and for the United States.

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.
Asheville, NC (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Asheville, NC (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 952.9500360482967 NaN NaN
Feb 2015 954.0889946289601 0.12 NaN
Mar 2015 974.2761591437029 2.12 NaN
Apr 2015 980.2918899942813 0.62 NaN
May 2015 983.6259029343943 0.34 NaN
Jun 2015 973.4046387930922 -1.04 NaN
Jul 2015 977.6710401262462 0.44 NaN
Aug 2015 987.1702416773843 0.97 NaN
Sep 2015 996.4909575603788 0.94 NaN
Oct 2015 997.458510085104 0.10 NaN
Nov 2015 995.863976329296 -0.16 NaN
Dec 2015 1008.0009308299741 1.22 NaN
Jan 2016 1017.3749724605973 0.93 6.76
Feb 2016 1020.8102439734569 0.34 6.99
Mar 2016 1010.0592918936454 -1.05 3.67
Apr 2016 1012.029174145311 0.20 3.24
May 2016 1019.4034945652937 0.73 3.64
Jun 2016 1035.6648884964156 1.60 6.40
Jul 2016 1043.2647696138995 0.73 6.71
Aug 2016 1044.8987013154629 0.16 5.85
Sep 2016 1049.4963957081743 0.44 5.32
Oct 2016 1052.490896849636 0.28 5.52
Nov 2016 1059.2164134114696 0.64 6.36
Dec 2016 1052.6981842019122 -0.61 4.43
Jan 2017 1059.708133953947 0.67 4.16
Feb 2017 1066.3670856127897 0.63 4.46
Mar 2017 1085.0445726032215 1.75 7.42
Apr 2017 1086.4446287810588 0.13 7.35
May 2017 1094.313399126058 0.72 7.35
Jun 2017 1093.291435628806 -0.09 5.56
Jul 2017 1099.122552319617 0.53 5.35
Aug 2017 1105.409030474007 0.57 5.79
Sep 2017 1108.5925833074714 0.29 5.63
Oct 2017 1113.7591648242624 0.47 5.82
Nov 2017 1115.3395313569342 0.14 5.30
Dec 2017 1127.0349891965127 1.05 7.06
Jan 2018 1129.1906837291046 0.19 6.56
Feb 2018 1136.453432703657 0.64 6.57
Mar 2018 1143.3832911485451 0.61 5.38
Apr 2018 1152.5449603191444 0.80 6.08
May 2018 1154.174179152527 0.14 5.47
Jun 2018 1152.2147156071567 -0.17 5.39
Jul 2018 1154.5122476348736 0.20 5.04
Aug 2018 1154.68896273778 0.02 4.46
Sep 2018 1160.7271023241638 0.52 4.70
Oct 2018 1168.0623437788138 0.63 4.88
Nov 2018 1180.1221171681937 1.03 5.81
Dec 2018 1184.1796535441174 0.34 5.07
Jan 2019 1195.57126291507 0.96 5.88
Feb 2019 1192.444090103413 -0.26 4.93
Mar 2019 1191.0404969273243 -0.12 4.17
Apr 2019 1194.2535742871755 0.27 3.62
May 2019 1198.5607188857173 0.36 3.85
Jun 2019 1208.315393010407 0.81 4.87
Jul 2019 1212.3145867469054 0.33 5.01
Aug 2019 1218.4765947164892 0.51 5.52
Sep 2019 1220.4434754634565 0.16 5.15
Oct 2019 1220.5208751856687 0.01 4.49
Nov 2019 1217.405702537458 -0.25 3.16
Dec 2019 1217.3790719038157 0.00 2.80
Jan 2020 1213.2400943976274 -0.34 1.48
Feb 2020 1217.4716640074942 0.35 2.10
Mar 2020 1227.9922739684628 0.86 3.10
Apr 2020 1237.7035132423441 0.79 3.64
May 2020 1235.2969681811444 -0.19 3.07
Jun 2020 1239.8001445468751 0.37 2.61
Jul 2020 1248.3329811683109 0.69 2.97
Aug 2020 1258.5187769000972 0.82 3.29
Sep 2020 1270.1316268420605 0.92 4.07
Oct 2020 1279.8682940454516 0.77 4.86
Nov 2020 1283.7388979348739 0.30 5.45
Dec 2020 1293.3060996305778 0.75 6.24
Jan 2021 1306.3279525753092 1.01 7.67
Feb 2021 1329.8371926495302 1.80 9.23
Mar 2021 1344.7790214867812 1.12 9.51
Apr 2021 1363.0611118131376 1.36 10.13
May 2021 1373.3874849988717 0.76 11.18
Jun 2021 1396.3155651939628 1.67 12.62
Jul 2021 1419.0210268511787 1.63 13.67
Aug 2021 1444.5600315977179 1.80 14.78
Sep 2021 1460.327980140938 1.09 14.98
Oct 2021 1483.0373241714835 1.56 15.87
Nov 2021 1509.3047000639735 1.77 17.57
Dec 2021 1535.9626524054797 1.77 18.76
Jan 2022 1557.607389776228 1.41 19.24
Feb 2022 1568.8659879216762 0.72 17.97
Mar 2022 1573.5946875627385 0.30 17.02
Apr 2022 1584.159780889095 0.67 16.22
May 2022 1611.5555627940068 1.73 17.34
Jun 2022 1631.1827254976222 1.22 16.82
Jul 2022 1642.0086535967007 0.66 15.71
Aug 2022 1643.478681161287 0.09 13.77
Sep 2022 1656.748790041223 0.81 13.45
Oct 2022 1664.9207411784719 0.49 12.26
Nov 2022 1674.9782136027973 0.60 10.98
Dec 2022 1678.286195578443 0.20 9.27
Jan 2023 1687.3712519002092 0.54 8.33
Feb 2023 1685.791316647775 -0.09 7.45
Mar 2023 1705.8889219005173 1.19 8.41
Apr 2023 1708.366430056282 0.14 7.84
May 2023 1716.986660522579 0.51 6.54
Jun 2023 1706.3418282388682 -0.62 4.61
Jul 2023 1704.3418834500253 -0.12 3.80
Aug 2023 1707.7927833955705 0.20 3.91
Sep 2023 1714.7773694928985 0.41 3.50
Oct 2023 1720.3761574411542 0.33 3.33
Nov 2023 1724.906276018839 0.26 2.98
Dec 2023 1725.8208953592268 0.05 2.83
Jan 2024 1731.0979694537564 0.31 2.59
Feb 2024 1740.557441135088 0.55 3.25
Mar 2024 1748.6340133621109 0.46 2.51
Apr 2024 1756.4472643912254 0.45 2.81
May 2024 1759.8822225359309 0.20 2.50
Jun 2024 1766.3373836431379 0.37 3.52
Jul 2024 1770.9862117629016 0.26 3.91
Aug 2024 1775.9821083067807 0.28 3.99
Sep 2024 1774.6768941761752 -0.07 3.49
Oct 2024 1777.106637481574 0.14 3.30
Nov 2024 1775.9638254970473 -0.06 2.96
Dec 2024 1773.818765735054 -0.12 2.78
Jan 2025 1767.2589877896987 -0.37 2.09
Feb 2025 1767.260883852894 0.00 1.53
Mar 2025 1758.3712873602387 -0.50 0.56
Apr 2025 1756.5109614068363 -0.11 0.00
May 2025 1751.1592051432085 -0.30 -0.50
Jun 2025 1753.4256521497011 0.13 -0.73
Jul 2025 1754.2193186556594 0.05 -0.95
Aug 2025 1753.3815869854543 -0.05 -1.27
Sep 2025 1752.9361667009607 -0.02 -1.23
Oct 2025 1750.721019702184 -0.13 -1.48
Nov 2025 1750.7358375590204 0.00 -1.42
Dec 2025 1754.214724124738 0.20 -1.10
Jan 2026 1757.7415108481568 0.20 -0.54
Feb 2026 1756.7183313412024 -0.06 -0.60