Zip Code: 27103 (Winston-Salem, North Carolina) - 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 27103 Zip Code (Winston-Salem, North Carolina) in February 2026 was $1,589.416. The month over month percentage change (MoM) was -0.41%, and the year over year percentage change (YoY) was 1.13%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 27103 zip code (Winston-Salem, North Carolina). The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for the 27103 zip code (Winston-Salem, North Carolina).

You can see similar information for other North Carolina 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: 27103 (Winston-Salem, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 27103 (Winston-Salem, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 848.0081538563502 NaN NaN
Feb 2015 840.0388904466215 -0.94 NaN
Mar 2015 840.0526096868092 0.00 NaN
Apr 2015 842.236107485444 0.26 NaN
May 2015 840.9422221689332 -0.15 NaN
Jun 2015 846.7286441838627 0.69 NaN
Jul 2015 848.4089577400247 0.20 NaN
Aug 2015 845.332130534323 -0.36 NaN
Sep 2015 844.8785078849395 -0.05 NaN
Oct 2015 850.5788086870228 0.68 NaN
Nov 2015 0 -100.00 NaN
Dec 2015 848.1732037886103 Infinity NaN
Jan 2016 854.8346421565976 0.79 0.81
Feb 2016 849.7290364063551 -0.60 1.15
Mar 2016 864.1760167194592 1.70 2.87
Apr 2016 867.6631695541075 0.40 3.02
May 2016 862.4758238767445 -0.60 2.56
Jun 2016 870.6891077391648 0.95 2.83
Jul 2016 875.6960375978766 0.57 3.22
Aug 2016 880.5348783722667 0.55 4.16
Sep 2016 870.9203926414913 -1.09 3.08
Oct 2016 874.6666985182322 0.43 2.83
Nov 2016 879.0633839607295 0.50 Infinity
Dec 2016 896.8361956023919 2.02 5.74
Jan 2017 894.1702577765282 -0.30 4.60
Feb 2017 894.3862160072925 0.02 5.26
Mar 2017 907.2255067339579 1.44 4.98
Apr 2017 914.4841906938549 0.80 5.40
May 2017 925.6110257887299 1.22 7.32
Jun 2017 919.9756681335524 -0.61 5.66
Jul 2017 925.09033140483 0.56 5.64
Aug 2017 928.1542228964123 0.33 5.41
Sep 2017 945.7523580465942 1.90 8.59
Oct 2017 947.7044938573957 0.21 8.35
Nov 2017 951.8227780726774 0.44 8.28
Dec 2017 953.5456475955176 0.18 6.32
Jan 2018 963.8919137815759 1.09 7.80
Feb 2018 960.2032950893853 -0.38 7.36
Mar 2018 958.2008417092422 -0.21 5.62
Apr 2018 949.9521505696908 -0.86 3.88
May 2018 956.7530794430646 0.72 3.36
Jun 2018 961.5905596437722 0.51 4.52
Jul 2018 971.8851834228223 1.07 5.06
Aug 2018 977.8194169803943 0.61 5.35
Sep 2018 982.8162156086885 0.51 3.92
Oct 2018 979.1891508557742 -0.37 3.32
Nov 2018 991.4141206921436 1.25 4.16
Dec 2018 1003.6944498050019 1.24 5.26
Jan 2019 1014.9482222033379 1.12 5.30
Feb 2019 1010.6600500904759 -0.42 5.26
Mar 2019 1013.6230163671067 0.29 5.78
Apr 2019 1026.7366897080558 1.29 8.08
May 2019 1027.7648207392767 0.10 7.42
Jun 2019 1035.7838192766035 0.78 7.72
Jul 2019 1034.6916206933092 -0.10 6.46
Aug 2019 1038.358539828354 0.35 6.19
Sep 2019 1038.3943128216815 0.00 5.66
Oct 2019 1050.0898851340387 1.13 7.24
Nov 2019 1047.7587118468962 -0.22 5.68
Dec 2019 1044.5014401318633 -0.31 4.07
Jan 2020 1041.3410810707765 -0.30 2.60
Feb 2020 1056.6124800672878 1.47 4.55
Mar 2020 1091.6190044726527 3.31 7.70
Apr 2020 1097.3851146649733 0.53 6.88
May 2020 1098.1659702907739 0.07 6.85
Jun 2020 1096.5878965878578 -0.14 5.87
Jul 2020 1110.1522861148858 1.24 7.29
Aug 2020 1118.7102146453292 0.77 7.74
Sep 2020 1126.305637099795 0.68 8.47
Oct 2020 1127.8127740141013 0.13 7.40
Nov 2020 1143.8524220183267 1.42 9.17
Dec 2020 1153.1382541953728 0.81 10.40
Jan 2021 1171.3212720972033 1.58 12.48
Feb 2021 1167.2729106000497 -0.35 10.47
Mar 2021 1179.4948527335641 1.05 8.05
Apr 2021 1193.1273795421575 1.16 8.73
May 2021 1219.3431306196987 2.20 11.04
Jun 2021 1237.552732342462 1.49 12.86
Jul 2021 1249.7383796082245 0.99 12.57
Aug 2021 1267.6234795523353 1.43 13.31
Sep 2021 1284.9710427987197 1.37 14.09
Oct 2021 1295.7989117493626 0.84 14.90
Nov 2021 1302.5248996862636 0.52 13.87
Dec 2021 1312.62960512689 0.78 13.83
Jan 2022 1319.2223211678834 0.50 12.63
Feb 2022 1341.763378392152 1.71 14.95
Mar 2022 1342.2641839057421 0.04 13.80
Apr 2022 1361.013237799424 1.40 14.07
May 2022 1351.8295791035139 -0.67 10.87
Jun 2022 1367.926916904571 1.19 10.54
Jul 2022 1372.5266209967313 0.34 9.82
Aug 2022 1390.6482877184465 1.32 9.71
Sep 2022 1404.3470372557997 0.99 9.29
Oct 2022 1430.4648605325913 1.86 10.39
Nov 2022 1443.934436041258 0.94 10.86
Dec 2022 1456.498405941996 0.87 10.96
Jan 2023 1461.6603705502664 0.35 10.80
Feb 2023 1449.6822628972538 -0.82 8.04
Mar 2023 1454.0486216607533 0.30 8.33
Apr 2023 1448.7120363847005 -0.37 6.44
May 2023 1475.3010907109754 1.84 9.13
Jun 2023 1471.8886050263886 -0.23 7.60
Jul 2023 1500.788731049286 1.96 9.35
Aug 2023 1495.8093647512585 -0.33 7.56
Sep 2023 1499.5662702480877 0.25 6.78
Oct 2023 1476.6430532456097 -1.53 3.23
Nov 2023 1486.3973797690924 0.66 2.94
Dec 2023 1498.3550300462705 0.80 2.87
Jan 2024 1511.418067056392 0.87 3.40
Feb 2024 1525.7028874473833 0.95 5.24
Mar 2024 1541.224352321503 1.02 6.00
Apr 2024 1550.40268128199 0.60 7.02
May 2024 1534.53456912272 -1.02 4.01
Jun 2024 1533.2004549749843 -0.09 4.17
Jul 2024 1522.6778291479047 -0.69 1.46
Aug 2024 1536.786446089875 0.93 2.74
Sep 2024 1543.8440128577067 0.46 2.95
Oct 2024 1556.2409841676183 0.80 5.39
Nov 2024 1563.000160900774 0.43 5.15
Dec 2024 1565.6221141812464 0.17 4.49
Jan 2025 1563.6853851460048 -0.12 3.46
Feb 2025 1571.5875008304079 0.51 3.01
Mar 2025 1572.1896367542308 0.04 2.01
Apr 2025 1577.3676657292701 0.33 1.74
May 2025 1590.3158852028844 0.82 3.64
Jun 2025 1601.2254804456093 0.69 4.44
Jul 2025 1605.0753583651767 0.24 5.41
Aug 2025 1602.4635688237317 -0.16 4.27
Sep 2025 1601.162091356386 -0.08 3.71
Oct 2025 1605.497207911944 0.27 3.17
Nov 2025 1600.153211263237 -0.33 2.38
Dec 2025 1596.1375717999422 -0.25 1.95
Jan 2026 1595.8904053206209 -0.01 2.06
Feb 2026 1589.4160839160838 -0.41 1.13