Zip Code: 23451 (Virginia Beach, 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 23451 Zip Code (Virginia Beach, Virginia) in February 2026 was $1,898.004. The month over month percentage change (MoM) was 0.52%, and the year over year percentage change (YoY) was 5.64%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 23451 zip code (Virginia Beach, Virginia). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 23451 zip code (Virginia Beach, 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: 23451 (Virginia Beach, Virginia) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 23451 (Virginia Beach, Virginia) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1092.0420569653243 NaN NaN
Feb 2015 1083.1665387196533 -0.81 NaN
Mar 2015 1084.4127097488854 0.12 NaN
Apr 2015 1098.8200818065036 1.33 NaN
May 2015 1102.2843627341065 0.32 NaN
Jun 2015 1107.5358650759335 0.48 NaN
Jul 2015 1108.26835954694 0.07 NaN
Aug 2015 1118.3922676045966 0.91 NaN
Sep 2015 1122.5194065811668 0.37 NaN
Oct 2015 1133.9521366050365 1.02 NaN
Nov 2015 1130.6921929139776 -0.29 NaN
Dec 2015 1126.0848348709999 -0.41 NaN
Jan 2016 1113.0940493050311 -1.15 1.93
Feb 2016 1113.3033032498756 0.02 2.78
Mar 2016 1121.5226764971262 0.74 3.42
Apr 2016 1119.3423634096252 -0.19 1.87
May 2016 1127.9830121015882 0.77 2.33
Jun 2016 1131.0788240512722 0.27 2.13
Jul 2016 1139.3665984947957 0.73 2.81
Aug 2016 1138.7525423377076 -0.05 1.82
Sep 2016 1144.6643139291643 0.52 1.97
Oct 2016 1139.648310338595 -0.44 0.50
Nov 2016 1136.4786384778392 -0.28 0.51
Dec 2016 1140.6973131761397 0.37 1.30
Jan 2017 1157.7968780186723 1.50 4.02
Feb 2017 1173.0447913668693 1.32 5.37
Mar 2017 1168.822178146355 -0.36 4.22
Apr 2017 1166.6654896845223 -0.18 4.23
May 2017 1166.2214851994138 -0.04 3.39
Jun 2017 1171.3756770918328 0.44 3.56
Jul 2017 1173.4759852191335 0.18 2.99
Aug 2017 1177.5916665051266 0.35 3.41
Sep 2017 1176.224717560487 -0.12 2.76
Oct 2017 1171.1299360290866 -0.43 2.76
Nov 2017 1177.3830485639364 0.53 3.60
Dec 2017 1189.8569585449573 1.06 4.31
Jan 2018 1194.4844120408854 0.39 3.17
Feb 2018 1194.287268048882 -0.02 1.81
Mar 2018 1187.5771499489488 -0.56 1.61
Apr 2018 1197.9174394263296 0.87 2.68
May 2018 1207.5583479263512 0.81 3.55
Jun 2018 1208.0436107006824 0.04 3.13
Jul 2018 1214.054156929546 0.50 3.46
Aug 2018 1208.0356316696943 -0.50 2.59
Sep 2018 1206.219389286379 -0.15 2.55
Oct 2018 1208.9737357049721 0.23 3.23
Nov 2018 1213.2658002314142 0.36 3.05
Dec 2018 1205.5309235553943 -0.64 1.32
Jan 2019 1213.3634324049694 0.65 1.58
Feb 2019 1224.2374935270698 0.90 2.51
Mar 2019 1237.6295759030752 1.09 4.22
Apr 2019 1238.7251852378606 0.09 3.41
May 2019 1237.5867422666797 -0.09 2.49
Jun 2019 1241.769417357708 0.34 2.79
Jul 2019 1242.1686554814369 0.03 2.32
Aug 2019 1252.2419605073046 0.81 3.66
Sep 2019 1260.468271442048 0.66 4.50
Oct 2019 1268.8640225209904 0.67 4.95
Nov 2019 1270.2430633932454 0.11 4.70
Dec 2019 1276.2505384181839 0.47 5.87
Jan 2020 1271.2651847524878 -0.39 4.77
Feb 2020 1266.1045677184843 -0.41 3.42
Mar 2020 1270.9402784384083 0.38 2.69
Apr 2020 1272.888366857865 0.15 2.76
May 2020 1268.3017183143863 -0.36 2.48
Jun 2020 1275.103151019118 0.54 2.68
Jul 2020 1283.6383355256385 0.67 3.34
Aug 2020 1309.8178853383213 2.04 4.60
Sep 2020 1323.1985134096371 1.02 4.98
Oct 2020 1336.8380797661212 1.03 5.36
Nov 2020 1340.338499433134 0.26 5.52
Dec 2020 1354.925208251838 1.09 6.17
Jan 2021 1364.3731399148128 0.70 7.32
Feb 2021 1391.204354792457 1.97 9.88
Mar 2021 1399.0569252064124 0.56 10.08
Apr 2021 1431.5986520430342 2.33 12.47
May 2021 1462.2483092821933 2.14 15.29
Jun 2021 1493.4028528695296 2.13 17.12
Jul 2021 1518.0324224579454 1.65 18.26
Aug 2021 1526.7219309987647 0.57 16.56
Sep 2021 1549.1287916525123 1.47 17.08
Oct 2021 1570.1721846609346 1.36 17.45
Nov 2021 1595.02077313119 1.58 19.00
Dec 2021 1594.7280506103339 -0.02 17.70
Jan 2022 1600.3437936054802 0.35 17.30
Feb 2022 1587.864859310848 -0.78 14.14
Mar 2022 1604.7325238242033 1.06 14.70
Apr 2022 1608.432055650966 0.23 12.35
May 2022 1627.4762519065807 1.18 11.30
Jun 2022 1626.1325366536203 -0.08 8.89
Jul 2022 1629.5311166841343 0.21 7.35
Aug 2022 1633.5889145328852 0.25 7.00
Sep 2022 1641.190745118807 0.47 5.94
Oct 2022 1631.6331844740407 -0.58 3.91
Nov 2022 1625.9677158312377 -0.35 1.94
Dec 2022 1642.6999361354187 1.03 3.01
Jan 2023 1658.889383993767 0.99 3.66
Feb 2023 1678.8739135460191 1.21 5.73
Mar 2023 1676.5893455076593 -0.14 4.48
Apr 2023 1674.5095500601483 -0.12 4.11
May 2023 1664.9142557864063 -0.57 2.30
Jun 2023 1655.392700302219 -0.57 1.80
Jul 2023 1668.177057456157 0.77 2.37
Aug 2023 1672.9093812739206 0.28 2.41
Sep 2023 1685.5998763450177 0.76 2.71
Oct 2023 1690.6802212215016 0.30 3.62
Nov 2023 1693.9583471987992 0.19 4.18
Dec 2023 1687.915021362544 -0.36 2.75
Jan 2024 1679.6643953306746 -0.49 1.25
Feb 2024 1687.582954386258 0.47 0.52
Mar 2024 1704.2400899968657 0.99 1.65
Apr 2024 1720.4419965512259 0.95 2.74
May 2024 1732.853384455309 0.72 4.08
Jun 2024 1747.8705651949201 0.87 5.59
Jul 2024 1761.69228554974 0.79 5.61
Aug 2024 1775.8742666416176 0.81 6.16
Sep 2024 1770.9144365653985 -0.28 5.06
Oct 2024 1771.3731774042428 0.03 4.77
Nov 2024 1774.761305998576 0.19 4.77
Dec 2024 1770.0747566843359 -0.26 4.87
Jan 2025 1791.3419674750537 1.20 6.65
Feb 2025 1796.6622177213012 0.30 6.46
Mar 2025 1795.4488946689676 -0.07 5.35
Apr 2025 1797.3392446099485 0.11 4.47
May 2025 1803.3442965814654 0.33 4.07
Jun 2025 1812.198273093302 0.49 3.68
Jul 2025 1810.6382061752695 -0.09 2.78
Aug 2025 1813.9553105092068 0.18 2.14
Sep 2025 1827.3684815568438 0.74 3.19
Oct 2025 1844.6527228517816 0.95 4.14
Nov 2025 1860.2394363623491 0.85 4.82
Dec 2025 1883.5291080605718 1.25 6.41
Jan 2026 1888.23332338962 0.25 5.41
Feb 2026 1898.0042451088964 0.52 5.64