Hickory, 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 Hickory, NC Metro in February 2026 was $1,394.302. The month over month percentage change (MoM) was 0.51%, and the year over year percentage change (YoY) was 3.55%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the Hickory, NC metro. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the Hickory, 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.
Hickory, NC (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Hickory, NC (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
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Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 0 NaN NaN
Feb 2015 0 NaN NaN
Mar 2015 0 NaN NaN
Apr 2015 0 NaN NaN
May 2015 0 NaN NaN
Jun 2015 0 NaN NaN
Jul 2015 0 NaN NaN
Aug 2015 0 NaN NaN
Sep 2015 0 NaN NaN
Oct 2015 0 NaN NaN
Nov 2015 0 NaN NaN
Dec 2015 0 NaN NaN
Jan 2016 0 NaN NaN
Feb 2016 0 NaN NaN
Mar 2016 0 NaN NaN
Apr 2016 0 NaN NaN
May 2016 0 NaN NaN
Jun 2016 0 NaN NaN
Jul 2016 0 NaN NaN
Aug 2016 0 NaN NaN
Sep 2016 0 NaN NaN
Oct 2016 0 NaN NaN
Nov 2016 0 NaN NaN
Dec 2016 0 NaN NaN
Jan 2017 0 NaN NaN
Feb 2017 0 NaN NaN
Mar 2017 0 NaN NaN
Apr 2017 0 NaN NaN
May 2017 0 NaN NaN
Jun 2017 0 NaN NaN
Jul 2017 0 NaN NaN
Aug 2017 0 NaN NaN
Sep 2017 0 NaN NaN
Oct 2017 0 NaN NaN
Nov 2017 0 NaN NaN
Dec 2017 0 NaN NaN
Jan 2018 0 NaN NaN
Feb 2018 0 NaN NaN
Mar 2018 0 NaN NaN
Apr 2018 0 NaN NaN
May 2018 0 NaN NaN
Jun 2018 0 NaN NaN
Jul 2018 0 NaN NaN
Aug 2018 0 NaN NaN
Sep 2018 0 NaN NaN
Oct 2018 0 NaN NaN
Nov 2018 0 NaN NaN
Dec 2018 0 NaN NaN
Jan 2019 0 NaN NaN
Feb 2019 0 NaN NaN
Mar 2019 0 NaN NaN
Apr 2019 0 NaN NaN
May 2019 0 NaN NaN
Jun 2019 0 NaN NaN
Jul 2019 0 NaN NaN
Aug 2019 0 NaN NaN
Sep 2019 0 NaN NaN
Oct 2019 0 NaN NaN
Nov 2019 0 NaN NaN
Dec 2019 0 NaN NaN
Jan 2020 0 NaN NaN
Feb 2020 0 NaN NaN
Mar 2020 0 NaN NaN
Apr 2020 0 NaN NaN
May 2020 0 NaN NaN
Jun 2020 0 NaN NaN
Jul 2020 0 NaN NaN
Aug 2020 0 NaN NaN
Sep 2020 0 NaN NaN
Oct 2020 0 NaN NaN
Nov 2020 0 NaN NaN
Dec 2020 0 NaN NaN
Jan 2021 0 NaN NaN
Feb 2021 961.8967804165541 Infinity Infinity
Mar 2021 976.211927335326 1.49 Infinity
Apr 2021 1016.211255305361 4.10 Infinity
May 2021 1035.91582061038 1.94 Infinity
Jun 2021 1045.4125092667791 0.92 Infinity
Jul 2021 1065.5459590518444 1.93 Infinity
Aug 2021 1091.0371840744513 2.39 Infinity
Sep 2021 1123.754091649194 3.00 Infinity
Oct 2021 1133.7952078796297 0.89 Infinity
Nov 2021 1137.5380287262592 0.33 Infinity
Dec 2021 1150.2491084024919 1.12 Infinity
Jan 2022 1163.7486097169203 1.17 Infinity
Feb 2022 1195.5412824570017 2.73 24.29
Mar 2022 1194.5589659285222 -0.08 22.37
Apr 2022 1205.585478295029 0.92 18.64
May 2022 1212.8947806060446 0.61 17.08
Jun 2022 1238.6484193071508 2.12 18.48
Jul 2022 1251.1897853471246 1.01 17.42
Aug 2022 1255.3507190135717 0.33 15.06
Sep 2022 1257.026344099497 0.13 11.86
Oct 2022 1261.0757195020192 0.32 11.23
Nov 2022 1257.3153163400616 -0.30 10.53
Dec 2022 1253.171782404488 -0.33 8.95
Jan 2023 1263.5733402903113 0.83 8.58
Feb 2023 1276.9179249178203 1.06 6.81
Mar 2023 1291.243698603975 1.12 8.09
Apr 2023 1271.7382963515574 -1.51 5.49
May 2023 1281.9834767592179 0.81 5.70
Jun 2023 1272.3336894914123 -0.75 2.72
Jul 2023 1283.9170325045154 0.91 2.62
Aug 2023 1274.1296348245228 -0.76 1.50
Sep 2023 1280.6738850083493 0.51 1.88
Oct 2023 1289.1234605326404 0.66 2.22
Nov 2023 1295.9495722061624 0.53 3.07
Dec 2023 1300.11259342759 0.32 3.75
Jan 2024 1302.0246495237998 0.15 3.04
Feb 2024 1294.2790335544773 -0.59 1.36
Mar 2024 1299.6629860381174 0.42 0.65
Apr 2024 1316.6591705339679 1.31 3.53
May 2024 1314.0262784908396 -0.20 2.50
Jun 2024 1314.1989003321387 0.01 3.29
Jul 2024 1304.2346326540717 -0.76 1.58
Aug 2024 1310.6917431220725 0.50 2.87
Sep 2024 1309.9994142978176 -0.05 2.29
Oct 2024 1306.613464292667 -0.26 1.36
Nov 2024 1323.1024226446946 1.26 2.10
Dec 2024 1337.728679331941 1.11 2.89
Jan 2025 1344.9304897976713 0.54 3.30
Feb 2025 1346.456974667791 0.11 4.03
Mar 2025 1347.5510120503143 0.08 3.69
Apr 2025 1351.972323250535 0.33 2.68
May 2025 1358.0896029590751 0.45 3.35
Jun 2025 1367.9834461111254 0.73 4.09
Jul 2025 1377.4620949908638 0.69 5.62
Aug 2025 1386.06781759398 0.63 5.75
Sep 2025 1391.9851117009016 0.43 6.26
Oct 2025 1398.950838436372 0.50 7.07
Nov 2025 1392.164467450398 -0.48 5.22
Dec 2025 1387.9807256255099 -0.30 3.76
Jan 2026 1387.1818010681004 -0.06 3.14
Feb 2026 1394.3020853858786 0.51 3.55