Pensacola, 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 Pensacola, FL Metro in February 2026 was $1,721.243. The month over month percentage change (MoM) was -0.10%, and the year over year percentage change (YoY) was 2.43%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the Pensacola, FL metro. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the Pensacola, 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.
Pensacola, FL (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Pensacola, FL (Metro) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 893.5420838057653 NaN NaN
Feb 2015 896.6834213904416 0.35 NaN
Mar 2015 900.2300240256242 0.40 NaN
Apr 2015 903.416658844347 0.35 NaN
May 2015 906.3754893541395 0.33 NaN
Jun 2015 906.7043886172346 0.04 NaN
Jul 2015 909.9272361689857 0.36 NaN
Aug 2015 912.0080503125753 0.23 NaN
Sep 2015 914.9778412364496 0.33 NaN
Oct 2015 921.2630041795227 0.69 NaN
Nov 2015 923.7026147054698 0.27 NaN
Dec 2015 927.7305823546827 0.44 NaN
Jan 2016 928.8515641889448 0.12 3.95
Feb 2016 933.6880409288531 0.52 4.13
Mar 2016 937.3704319937461 0.39 4.13
Apr 2016 941.1437785069656 0.40 4.18
May 2016 943.5928412765013 0.26 4.11
Jun 2016 947.5169941110086 0.42 4.50
Jul 2016 951.6590872557884 0.44 4.59
Aug 2016 953.1748473276413 0.16 4.51
Sep 2016 954.9145948623257 0.18 4.37
Oct 2016 953.7677672735362 -0.12 3.53
Nov 2016 958.8530230345724 0.53 3.81
Dec 2016 961.9504379117716 0.32 3.69
Jan 2017 968.0442985643458 0.63 4.22
Feb 2017 970.9021764213094 0.30 3.99
Mar 2017 973.6993942433544 0.29 3.88
Apr 2017 976.9698956343123 0.34 3.81
May 2017 980.6106732111671 0.37 3.92
Jun 2017 986.6980145432208 0.62 4.14
Jul 2017 990.8115460093005 0.42 4.11
Aug 2017 996.6564143538778 0.59 4.56
Sep 2017 1001.876124972351 0.52 4.92
Oct 2017 1008.2124007952477 0.63 5.71
Nov 2017 1012.2539722218233 0.40 5.57
Dec 2017 1019.5648894992822 0.72 5.99
Jan 2018 1024.290184062332 0.46 5.81
Feb 2018 1028.6797332970627 0.43 5.95
Mar 2018 1029.9261261204288 0.12 5.78
Apr 2018 1032.658031846898 0.27 5.70
May 2018 1037.8490151288584 0.50 5.84
Jun 2018 1043.5268304472393 0.55 5.76
Jul 2018 1051.1776863047303 0.73 6.09
Aug 2018 1057.4731426882286 0.60 6.10
Sep 2018 1061.7600862625854 0.41 5.98
Oct 2018 1063.5949956981617 0.17 5.49
Nov 2018 1069.8183758786217 0.59 5.69
Dec 2018 1076.6162294545018 0.64 5.60
Jan 2019 1083.9363811725423 0.68 5.82
Feb 2019 1086.86439955144 0.27 5.66
Mar 2019 1095.7355398613565 0.82 6.39
Apr 2019 1103.2321893774292 0.68 6.83
May 2019 1108.9406207619838 0.52 6.85
Jun 2019 1112.79215190826 0.35 6.64
Jul 2019 1116.0085089623942 0.29 6.17
Aug 2019 1120.1015739603938 0.37 5.92
Sep 2019 1126.1114687775535 0.54 6.06
Oct 2019 1134.1024145090084 0.71 6.63
Nov 2019 1138.5810372656615 0.40 6.43
Dec 2019 1141.3325444033712 0.24 6.01
Jan 2020 1144.413701229457 0.27 5.58
Feb 2020 1151.7337073083163 0.64 5.97
Mar 2020 1169.099585000677 1.51 6.70
Apr 2020 1169.0450922960788 0.00 5.97
May 2020 1171.7966365692519 0.24 5.67
Jun 2020 1175.8058518366925 0.34 5.66
Jul 2020 1188.6698166158508 1.09 6.51
Aug 2020 1196.9900439553844 0.70 6.86
Sep 2020 1211.2303106857664 1.19 7.56
Oct 2020 1223.5558661308496 1.02 7.89
Nov 2020 1237.2058100333568 1.12 8.66
Dec 2020 1255.784232612225 1.50 10.03
Jan 2021 1268.8251485610388 1.04 10.87
Feb 2021 1294.041598753634 1.99 12.36
Mar 2021 1306.3396563498213 0.95 11.74
Apr 2021 1348.1320205770312 3.20 15.32
May 2021 1379.4559794663571 2.32 17.72
Jun 2021 1412.809984905541 2.42 20.16
Jul 2021 1436.8511084501554 1.70 20.88
Aug 2021 1468.4600555725247 2.20 22.68
Sep 2021 1498.2701899027377 2.03 23.70
Oct 2021 1519.472177101661 1.42 24.19
Nov 2021 1528.8605955867488 0.62 23.57
Dec 2021 1544.9100990214026 1.05 23.02
Jan 2022 1557.3528327991742 0.81 22.74
Feb 2022 1568.1374806704462 0.69 21.18
Mar 2022 1580.7805606939955 0.81 21.01
Apr 2022 1577.2676869463871 -0.22 17.00
May 2022 1587.8147590746319 0.67 15.10
Jun 2022 1593.8210640462023 0.38 12.81
Jul 2022 1599.9500284565077 0.39 11.35
Aug 2022 1600.0759095346057 0.01 8.96
Sep 2022 1605.7354721595134 0.35 7.17
Oct 2022 1613.4387302693349 0.48 6.18
Nov 2022 1621.4372519593437 0.50 6.06
Dec 2022 1616.1513398593468 -0.33 4.61
Jan 2023 1622.7734580765343 0.41 4.20
Feb 2023 1622.257334354202 -0.03 3.45
Mar 2023 1628.6824620603222 0.40 3.03
Apr 2023 1630.9633841828347 0.14 3.40
May 2023 1630.56247779906 -0.02 2.69
Jun 2023 1628.7062632302373 -0.11 2.19
Jul 2023 1627.5062764076451 -0.07 1.72
Aug 2023 1629.1169795310636 0.10 1.82
Sep 2023 1625.083517656593 -0.25 1.21
Oct 2023 1625.5982451186953 0.03 0.75
Nov 2023 1629.6371415154233 0.25 0.51
Dec 2023 1643.55526993038 0.85 1.70
Jan 2024 1650.0324224768606 0.39 1.68
Feb 2024 1659.24561596932 0.56 2.28
Mar 2024 1661.3135887384565 0.13 2.00
Apr 2024 1662.3659946215967 0.06 1.93
May 2024 1663.4933807318312 0.07 2.02
Jun 2024 1667.1957138743815 0.22 2.36
Jul 2024 1672.4064159630186 0.31 2.76
Aug 2024 1677.1818388796173 0.29 2.95
Sep 2024 1678.2197048671117 0.06 3.27
Oct 2024 1679.415259714386 0.07 3.31
Nov 2024 1677.7889195799694 -0.10 2.96
Dec 2024 1677.3015000227538 -0.03 2.05
Jan 2025 1674.6564625036501 -0.16 1.49
Feb 2025 1680.3712027675451 0.34 1.27
Mar 2025 1681.9853479453745 0.10 1.24
Apr 2025 1688.3398563032667 0.38 1.56
May 2025 1693.1543353804427 0.28 1.78
Jun 2025 1697.2417916599336 0.24 1.80
Jul 2025 1699.8560586742033 0.15 1.64
Aug 2025 1702.1063606947027 0.13 1.49
Sep 2025 1708.7065160125667 0.39 1.82
Oct 2025 1712.653488640299 0.23 1.98
Nov 2025 1717.2310542946727 0.27 2.35
Dec 2025 1718.6183732461548 0.08 2.46
Jan 2026 1723.0219624131005 0.26 2.89
Feb 2026 1721.2432991732023 -0.10 2.43