Panama City, FL (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 Panama City, FL Metro in February 2026 was $1,672.85. The month over month percentage change (MoM) was -0.02%, and the year over year percentage change (YoY) was 0.98%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the Panama City, FL metro. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the Panama City, FL 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.
Panama City, FL (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Panama City, FL (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 906.0769778239684 NaN NaN
Feb 2015 906.1385451158671 0.01 NaN
Mar 2015 908.2263582309871 0.23 NaN
Apr 2015 913.9248815035933 0.63 NaN
May 2015 914.7245622885623 0.09 NaN
Jun 2015 915.8106371940047 0.12 NaN
Jul 2015 914.8529704500746 -0.10 NaN
Aug 2015 920.1073226934163 0.57 NaN
Sep 2015 923.7207965425713 0.39 NaN
Oct 2015 923.7413882532524 0.00 NaN
Nov 2015 927.6265910974373 0.42 NaN
Dec 2015 933.2037794845927 0.60 NaN
Jan 2016 937.4865495344743 0.46 3.47
Feb 2016 939.3066257551915 0.19 3.66
Mar 2016 945.1270382010651 0.62 4.06
Apr 2016 947.9756212921856 0.30 3.73
May 2016 955.3953547410702 0.78 4.45
Jun 2016 951.645631430383 -0.39 3.91
Jul 2016 953.5662552740666 0.20 4.23
Aug 2016 953.1143444626612 -0.05 3.59
Sep 2016 959.8609914224248 0.71 3.91
Oct 2016 957.2903340459811 -0.27 3.63
Nov 2016 944.5281868664531 -1.33 1.82
Dec 2016 939.9829462754835 -0.48 0.73
Jan 2017 947.399958871247 0.79 1.06
Feb 2017 959.5545536471242 1.28 2.16
Mar 2017 961.8723939754066 0.24 1.77
Apr 2017 968.5507765917249 0.69 2.17
May 2017 974.1315477740904 0.58 1.96
Jun 2017 990.1334135210863 1.64 4.04
Jul 2017 990.5520769295754 0.04 3.88
Aug 2017 1001.9933758718862 1.16 5.13
Sep 2017 1004.6560865784701 0.27 4.67
Oct 2017 1010.0517095486379 0.54 5.51
Nov 2017 1002.2339485599591 -0.77 6.11
Dec 2017 996.6005546871556 -0.56 6.02
Jan 2018 1001.3288368379003 0.47 5.69
Feb 2018 1006.1296863338815 0.48 4.85
Mar 2018 1018.2872850112244 1.21 5.87
Apr 2018 1021.1973507913362 0.29 5.44
May 2018 1028.1452015434174 0.68 5.55
Jun 2018 1031.8758185474042 0.36 4.22
Jul 2018 1045.5043749854117 1.32 5.55
Aug 2018 1063.9354755901356 1.76 6.18
Sep 2018 1072.8034985628701 0.83 6.78
Oct 2018 1100.3711945326554 2.57 8.94
Nov 2018 0 -100.00 -100.00
Dec 2018 1221.7960678716795 Infinity 22.60
Jan 2019 1253.1691031613993 2.57 25.15
Feb 2019 1266.3915588204093 1.06 25.87
Mar 2019 1288.0973982549374 1.71 26.50
Apr 2019 1314.5727297059148 2.06 28.73
May 2019 1335.2379826139443 1.57 29.87
Jun 2019 1353.6924737171478 1.38 31.19
Jul 2019 1369.052897258603 1.14 30.95
Aug 2019 1370.7729023517256 0.13 28.84
Sep 2019 1382.6177572549307 0.86 28.88
Oct 2019 1373.95254669067 -0.63 24.86
Nov 2019 1337.4645319280826 -2.66 Infinity
Dec 2019 1305.6916083804695 -2.38 6.87
Jan 2020 1282.6703444472757 -1.76 2.35
Feb 2020 1268.7195631553725 -1.09 0.18
Mar 2020 1279.8029748863582 0.87 -0.64
Apr 2020 1281.8552712409112 0.16 -2.49
May 2020 1274.7870119422428 -0.55 -4.53
Jun 2020 1275.3657001991592 0.05 -5.79
Jul 2020 1278.4307346501687 0.24 -6.62
Aug 2020 1303.984999281997 2.00 -4.87
Sep 2020 1317.5573986904935 1.04 -4.71
Oct 2020 1327.6152182456026 0.76 -3.37
Nov 2020 1332.4235971280987 0.36 -0.38
Dec 2020 1333.3586721389102 0.07 2.12
Jan 2021 1346.3821371526171 0.98 4.97
Feb 2021 1363.1519505970236 1.25 7.44
Mar 2021 1390.9019772345187 2.04 8.68
Apr 2021 1406.6483070274985 1.13 9.74
May 2021 1426.482991756687 1.41 11.90
Jun 2021 1439.2904793645412 0.90 12.85
Jul 2021 1454.9104876734748 1.09 13.80
Aug 2021 1480.6179402453363 1.77 13.55
Sep 2021 1503.1313035487797 1.52 14.09
Oct 2021 1532.2902598255769 1.94 15.42
Nov 2021 1543.5644172455795 0.74 15.85
Dec 2021 1573.8306604180132 1.96 18.04
Jan 2022 1599.5104956951789 1.63 18.80
Feb 2022 1610.866235237559 0.71 18.17
Mar 2022 1600.463766218974 -0.65 15.07
Apr 2022 1599.228590797438 -0.08 13.69
May 2022 1608.9048620398794 0.61 12.79
Jun 2022 1627.619971701474 1.16 13.09
Jul 2022 1639.8223561757877 0.75 12.71
Aug 2022 1637.1549057524046 -0.16 10.57
Sep 2022 1639.0825413033945 0.12 9.05
Oct 2022 1625.30238895566 -0.84 6.07
Nov 2022 1627.193206361101 0.12 5.42
Dec 2022 1621.7157936408232 -0.34 3.04
Jan 2023 1624.7851922413581 0.19 1.58
Feb 2023 1635.1338279192041 0.64 1.51
Mar 2023 1647.9042175638424 0.78 2.96
Apr 2023 1655.6048808119638 0.47 3.53
May 2023 1652.875047815959 -0.16 2.73
Jun 2023 1646.4050075533064 -0.39 1.15
Jul 2023 1636.4037435566581 -0.61 -0.21
Aug 2023 1632.5122993410812 -0.24 -0.28
Sep 2023 1626.4825808434912 -0.37 -0.77
Oct 2023 1639.3211285608897 0.79 0.86
Nov 2023 1645.874029361941 0.40 1.15
Dec 2023 1644.6092036685384 -0.08 1.41
Jan 2024 1636.953247911891 -0.47 0.75
Feb 2024 1634.625715159798 -0.14 -0.03
Mar 2024 1646.4542628952065 0.72 -0.09
Apr 2024 1653.915763689882 0.45 -0.10
May 2024 1658.4696172486542 0.28 0.34
Jun 2024 1656.3742409671056 -0.13 0.61
Jul 2024 1658.118757628147 0.11 1.33
Aug 2024 1662.1123440943543 0.24 1.81
Sep 2024 1661.4176679480383 -0.04 2.15
Oct 2024 1655.1124427941204 -0.38 0.96
Nov 2024 1645.1057363463772 -0.60 -0.05
Dec 2024 1652.775868322295 0.47 0.50
Jan 2025 1651.7936925306042 -0.06 0.91
Feb 2025 1656.6983057028435 0.30 1.35
Mar 2025 1646.546431714073 -0.61 0.01
Apr 2025 1640.8680444302383 -0.34 -0.79
May 2025 1639.9125056332123 -0.06 -1.12
Jun 2025 1644.0591035141701 0.25 -0.74
Jul 2025 1648.129559961877 0.25 -0.60
Aug 2025 1650.3791684143837 0.14 -0.71
Sep 2025 1656.1989499777685 0.35 -0.31
Oct 2025 1660.1423052552957 0.24 0.30
Nov 2025 1667.428550989103 0.44 1.36
Dec 2025 1666.1252959920216 -0.08 0.81
Jan 2026 1673.2439498537408 0.43 1.30
Feb 2026 1672.849605131844 -0.02 0.98