Zip Code: 23320 (Chesapeake, Virginia) - 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 23320 Zip Code (Chesapeake, Virginia) in February 2026 was $1,995.844. The month over month percentage change (MoM) was 0.58%, and the year over year percentage change (YoY) was 9.31%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 23320 zip code (Chesapeake, Virginia). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 23320 zip code (Chesapeake, Virginia).

You can see similar information for other Virginia zip codes.

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.
Zip Code: 23320 (Chesapeake, Virginia) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 23320 (Chesapeake, Virginia) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1204.2667127051448 NaN NaN
Feb 2015 1205.2396173291302 0.08 NaN
Mar 2015 1200.8038437984549 -0.37 NaN
Apr 2015 1202.1999562271878 0.12 NaN
May 2015 1203.0522410329247 0.07 NaN
Jun 2015 1204.2956491084665 0.10 NaN
Jul 2015 1206.737228939636 0.20 NaN
Aug 2015 1211.260870871794 0.38 NaN
Sep 2015 1216.897128619636 0.47 NaN
Oct 2015 1222.2214655432026 0.44 NaN
Nov 2015 1217.1355831671299 -0.42 NaN
Dec 2015 1215.87167048162 -0.10 NaN
Jan 2016 1210.9516460963268 -0.40 0.56
Feb 2016 1216.4057303845443 0.45 0.93
Mar 2016 1218.4678729821956 0.17 1.47
Apr 2016 1226.0369906309284 0.62 1.98
May 2016 1224.4292856461514 -0.13 1.78
Jun 2016 1226.328560694506 0.16 1.83
Jul 2016 1222.5366176961472 -0.31 1.31
Aug 2016 1220.1081900403706 -0.20 0.73
Sep 2016 1225.3363266860456 0.43 0.69
Oct 2016 1223.9677830558362 -0.11 0.14
Nov 2016 1222.642862466623 -0.11 0.45
Dec 2016 1213.6447436990431 -0.74 -0.18
Jan 2017 1220.4336013919205 0.56 0.78
Feb 2017 1227.6720172256385 0.59 0.93
Mar 2017 1236.4500847659497 0.72 1.48
Apr 2017 1233.7881069347204 -0.21 0.63
May 2017 1236.633056102978 0.23 1.00
Jun 2017 1235.3715253010137 -0.10 0.74
Jul 2017 1244.0922803552196 0.71 1.76
Aug 2017 1247.2283877237355 0.25 2.22
Sep 2017 1249.33237552656 0.17 1.96
Oct 2017 1245.9362040967687 -0.27 1.80
Nov 2017 1249.2798477414146 0.27 2.18
Dec 2017 1259.288850427797 0.80 3.76
Jan 2018 1266.440816452682 0.57 3.77
Feb 2018 1260.5160150289803 -0.47 2.68
Mar 2018 1255.008043440501 -0.44 1.50
Apr 2018 1254.2392047565095 -0.06 1.66
May 2018 1261.8328723508441 0.61 2.04
Jun 2018 1268.7476304738955 0.55 2.70
Jul 2018 1268.656353208944 -0.01 1.97
Aug 2018 1269.6888388040936 0.08 1.80
Sep 2018 1263.1342501089953 -0.52 1.11
Oct 2018 1265.7833571911438 0.21 1.59
Nov 2018 1266.0631130629445 0.02 1.34
Dec 2018 1273.9701515719994 0.63 1.17
Jan 2019 1275.831307106686 0.15 0.74
Feb 2019 1286.4600306166942 0.83 2.06
Mar 2019 1292.2968355747123 0.45 2.97
Apr 2019 1298.7952864994722 0.50 3.55
May 2019 1297.94295580859 -0.07 2.86
Jun 2019 1298.90582104368 0.07 2.38
Jul 2019 1301.42246222055 0.19 2.58
Aug 2019 1305.4173596340638 0.31 2.81
Sep 2019 1314.1308713654485 0.67 4.04
Oct 2019 1319.7336949345538 0.43 4.26
Nov 2019 1324.0028530053264 0.32 4.58
Dec 2019 1320.254703401513 -0.28 3.63
Jan 2020 1319.2715091537725 -0.07 3.41
Feb 2020 1317.3157066549747 -0.15 2.40
Mar 2020 1319.4658937132365 0.16 2.10
Apr 2020 1312.7187493427073 -0.51 1.07
May 2020 1303.9068166436393 -0.67 0.46
Jun 2020 1309.0270933864624 0.39 0.78
Jul 2020 1319.2949082274629 0.78 1.37
Aug 2020 1339.5809786133402 1.54 2.62
Sep 2020 1348.8383964007962 0.69 2.64
Oct 2020 1358.08389445657 0.69 2.91
Nov 2020 1368.39555015554 0.76 3.35
Dec 2020 1379.8099280631775 0.83 4.51
Jan 2021 1393.1094566301997 0.96 5.60
Feb 2021 1403.52662916777 0.75 6.54
Mar 2021 1416.4845510123898 0.92 7.35
Apr 2021 1437.3039125461598 1.47 9.49
May 2021 1461.2385654525162 1.67 12.07
Jun 2021 1489.3700722968363 1.93 13.78
Jul 2021 1524.3176640248823 2.35 15.54
Aug 2021 1545.408163148819 1.38 15.37
Sep 2021 1556.0598003664525 0.69 15.36
Oct 2021 1559.743951979578 0.24 14.85
Nov 2021 1573.6095690148504 0.89 15.00
Dec 2021 1590.7583815437742 1.09 15.29
Jan 2022 1601.283212473299 0.66 14.94
Feb 2022 1602.4331207860896 0.07 14.17
Mar 2022 1610.6179652711724 0.51 13.71
Apr 2022 1615.9237104975916 0.33 12.43
May 2022 1638.8846149376084 1.42 12.16
Jun 2022 1645.4013856838226 0.40 10.48
Jul 2022 1644.410842676246 -0.06 7.88
Aug 2022 1636.7645336188396 -0.46 5.91
Sep 2022 1640.7018104022934 0.24 5.44
Oct 2022 1655.889132968533 0.93 6.16
Nov 2022 1656.8056489440526 0.06 5.29
Dec 2022 1653.8667503739578 -0.18 3.97
Jan 2023 1661.6952347967724 0.47 3.77
Feb 2023 1681.7854727376905 1.21 4.95
Mar 2023 1696.1906815383818 0.86 5.31
Apr 2023 1708.8086733553841 0.74 5.75
May 2023 1700.1222477351596 -0.51 3.74
Jun 2023 1699.6311774400328 -0.03 3.30
Jul 2023 1673.8504435828988 -1.52 1.79
Aug 2023 1676.138751355417 0.14 2.41
Sep 2023 1684.6097518317433 0.51 2.68
Oct 2023 1698.7431414375535 0.84 2.59
Nov 2023 1702.217738751051 0.21 2.74
Dec 2023 1717.138661572585 0.88 3.83
Jan 2024 1724.9561117962046 0.46 3.81
Feb 2024 1738.2221767495819 0.77 3.36
Mar 2024 1730.0313880855215 -0.47 2.00
Apr 2024 1738.6786494751393 0.50 1.75
May 2024 1747.8425297195427 0.53 2.81
Jun 2024 1765.7311973493893 1.02 3.89
Jul 2024 1801.7728254714027 2.04 7.64
Aug 2024 1815.5602857317742 0.77 8.32
Sep 2024 1823.9433329008932 0.46 8.27
Oct 2024 1808.0657610832461 -0.87 6.44
Nov 2024 1803.1702411553292 -0.27 5.93
Dec 2024 1800.3128490807826 -0.16 4.84
Jan 2025 1816.3030955491433 0.89 5.30
Feb 2025 1825.7868969007081 0.52 5.04
Mar 2025 1842.0205964003433 0.89 6.47
Apr 2025 1847.3692713756336 0.29 6.25
May 2025 1859.9440377010537 0.68 6.41
Jun 2025 1865.6591596278122 0.31 5.66
Jul 2025 1872.0187992330432 0.34 3.90
Aug 2025 1884.5082854645939 0.67 3.80
Sep 2025 1896.6374118751403 0.64 3.99
Oct 2025 1923.469223329063 1.42 6.38
Nov 2025 1951.4843059550628 1.46 8.23
Dec 2025 1974.0552571565827 1.16 9.65
Jan 2026 1984.2486262494037 0.52 9.25
Feb 2026 1995.8438596491226 0.58 9.31