Zip Code: 23454 (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 23454 Zip Code (Virginia Beach, Virginia) in February 2026 was $2,011.549. The month over month percentage change (MoM) was 0.27%, and the year over year percentage change (YoY) was 5.19%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 23454 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 23454 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: 23454 (Virginia Beach, Virginia) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 23454 (Virginia Beach, Virginia) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1167.47466746453 NaN NaN
Feb 2015 1166.9643170457725 -0.04 NaN
Mar 2015 1168.351273527819 0.12 NaN
Apr 2015 1165.1327603484788 -0.28 NaN
May 2015 1164.9296963722352 -0.02 NaN
Jun 2015 1171.920989878162 0.60 NaN
Jul 2015 1181.429374879833 0.81 NaN
Aug 2015 1182.0558194412504 0.05 NaN
Sep 2015 1174.5256916885637 -0.64 NaN
Oct 2015 1172.4386374406706 -0.18 NaN
Nov 2015 1172.3219331838663 -0.01 NaN
Dec 2015 1184.3405763549158 1.02 NaN
Jan 2016 1183.963472826006 -0.03 1.41
Feb 2016 1185.434710394949 0.12 1.58
Mar 2016 1186.4528837424696 0.09 1.55
Apr 2016 1191.3714692199442 0.42 2.25
May 2016 1193.3722828541454 0.17 2.44
Jun 2016 1188.1040712058416 -0.44 1.38
Jul 2016 1182.7282474545484 -0.45 0.11
Aug 2016 1183.828409545194 0.09 0.15
Sep 2016 1192.647630660033 0.75 1.54
Oct 2016 1195.1958273911619 0.21 1.94
Nov 2016 1201.3288120758737 0.51 2.47
Dec 2016 1192.3446322976347 -0.75 0.68
Jan 2017 1199.8333442862308 0.63 1.34
Feb 2017 1197.7562440300592 -0.17 1.04
Mar 2017 1210.793535453129 1.09 2.05
Apr 2017 1210.7997419801268 0.00 1.63
May 2017 1212.7165582830817 0.16 1.62
Jun 2017 1212.9494558478973 0.02 2.09
Jul 2017 1215.1485988134514 0.18 2.74
Aug 2017 1220.5365549717158 0.44 3.10
Sep 2017 1226.8621368474448 0.52 2.87
Oct 2017 1234.131660290667 0.59 3.26
Nov 2017 1230.9946214169495 -0.25 2.47
Dec 2017 1232.3151886192948 0.11 3.35
Jan 2018 1228.4254799138382 -0.32 2.38
Feb 2018 1239.7102718492395 0.92 3.50
Mar 2018 1236.8783421555036 -0.23 2.15
Apr 2018 1245.4463624497303 0.69 2.86
May 2018 1243.6299212092538 -0.15 2.55
Jun 2018 1246.6809522955182 0.25 2.78
Jul 2018 1252.3940466692384 0.46 3.07
Aug 2018 1254.0706520302344 0.13 2.75
Sep 2018 1250.822533503697 -0.26 1.95
Oct 2018 1246.8308677563055 -0.32 1.03
Nov 2018 1253.0511932042943 0.50 1.79
Dec 2018 1263.2076708677564 0.81 2.51
Jan 2019 1274.00047703851 0.85 3.71
Feb 2019 1273.5672601852784 -0.03 2.73
Mar 2019 1276.1624891846081 0.20 3.18
Apr 2019 1275.526127622325 -0.05 2.42
May 2019 1282.1745613558073 0.52 3.10
Jun 2019 1287.0005562765675 0.38 3.23
Jul 2019 1288.642789881283 0.13 2.89
Aug 2019 1290.5986566950342 0.15 2.91
Sep 2019 1294.3395522449919 0.29 3.48
Oct 2019 1299.0383678750127 0.36 4.19
Nov 2019 1299.8479625762136 0.06 3.74
Dec 2019 1297.788237167356 -0.16 2.74
Jan 2020 1294.567594764322 -0.25 1.61
Feb 2020 1294.0421970611062 -0.04 1.61
Mar 2020 1309.2195102113392 1.17 2.59
Apr 2020 1324.9756709061032 1.20 3.88
May 2020 1336.621122838085 0.88 4.25
Jun 2020 1320.2063966829116 -1.23 2.58
Jul 2020 1324.932544107179 0.36 2.82
Aug 2020 1324.9333338285155 0.00 2.66
Sep 2020 1350.7319658241395 1.95 4.36
Oct 2020 1369.2043180727264 1.37 5.40
Nov 2020 1396.901274651153 2.02 7.47
Dec 2020 1418.5298604970426 1.55 9.30
Jan 2021 1442.0050986800381 1.66 11.39
Feb 2021 1463.903319161404 1.52 13.13
Mar 2021 1467.1909295289026 0.23 12.07
Apr 2021 1473.7625519953701 0.45 11.23
May 2021 1482.3731076961308 0.58 10.91
Jun 2021 1542.904787258408 4.08 16.87
Jul 2021 1575.1963929550636 2.09 18.89
Aug 2021 1608.450945463701 2.11 21.40
Sep 2021 1629.257285322967 1.29 20.62
Oct 2021 1648.8580362434425 1.20 20.43
Nov 2021 1668.7893351828043 1.21 19.46
Dec 2021 1644.3270704792815 -1.47 15.92
Jan 2022 1633.4187076962505 -0.66 13.27
Feb 2022 1636.7006911097346 0.20 11.80
Mar 2022 1674.0318538047597 2.28 14.10
Apr 2022 1693.8717245963815 1.19 14.94
May 2022 1720.5832036899935 1.58 16.07
Jun 2022 1708.3509858047303 -0.71 10.72
Jul 2022 1721.706031236237 0.78 9.30
Aug 2022 1721.3138111890385 -0.02 7.02
Sep 2022 1730.0361029175601 0.51 6.19
Oct 2022 1727.1576618355093 -0.17 4.75
Nov 2022 1724.4173257868824 -0.16 3.33
Dec 2022 1741.3788285735193 0.98 5.90
Jan 2023 1768.8577378628713 1.58 8.29
Feb 2023 1785.2659304991303 0.93 9.08
Mar 2023 1794.512120524515 0.52 7.20
Apr 2023 1807.2165508440282 0.71 6.69
May 2023 1804.7248064894152 -0.14 4.89
Jun 2023 1806.3037186706526 0.09 5.73
Jul 2023 1819.3243985694266 0.72 5.67
Aug 2023 1837.1877501634183 0.98 6.73
Sep 2023 1832.8333963959337 -0.24 5.94
Oct 2023 1825.7229421184647 -0.39 5.71
Nov 2023 1820.1541072271475 -0.30 5.55
Dec 2023 1844.9014617996445 1.36 5.95
Jan 2024 1842.0122493696845 -0.16 4.14
Feb 2024 1845.7274075040357 0.20 3.39
Mar 2024 1834.684979661812 -0.60 2.24
Apr 2024 1838.434569497375 0.20 1.73
May 2024 1832.3998216219613 -0.33 1.53
Jun 2024 1841.7966340044845 0.51 1.97
Jul 2024 1837.550357756787 -0.23 1.00
Aug 2024 1849.6401158900735 0.66 0.68
Sep 2024 1863.2529920043016 0.74 1.66
Oct 2024 1888.7375935064354 1.37 3.45
Nov 2024 1894.4202822341133 0.30 4.08
Dec 2024 1897.880261904651 0.18 2.87
Jan 2025 1904.317609685352 0.34 3.38
Feb 2025 1912.2975477889875 0.42 3.61
Mar 2025 1927.3454271426956 0.79 5.05
Apr 2025 1932.7555265027956 0.28 5.13
May 2025 1951.651519615726 0.98 6.51
Jun 2025 1962.7859221799858 0.57 6.57
Jul 2025 1974.5776949430215 0.60 7.46
Aug 2025 1973.5266875043712 -0.05 6.70
Sep 2025 1980.726902876346 0.37 6.31
Oct 2025 1982.0928631325817 0.07 4.94
Nov 2025 1998.3409242809046 0.82 5.49
Dec 2025 1997.77026635004 -0.03 5.26
Jan 2026 2006.0577447372425 0.42 5.34
Feb 2026 2011.548893916541 0.27 5.19