Zip Code: 27127 (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 27127 Zip Code (Winston-Salem, North Carolina) in February 2026 was $1,642.983. The month over month percentage change (MoM) was -1.13%, and the year over year percentage change (YoY) was 3.55%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for the 27127 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 27127 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: 27127 (Winston-Salem, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Zip Code: 27127 (Winston-Salem, North Carolina) - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 829.6447552818399 NaN NaN
Feb 2015 830.7419669902779 0.13 NaN
Mar 2015 832.3027138269123 0.19 NaN
Apr 2015 831.2316531937582 -0.13 NaN
May 2015 824.3806822514592 -0.82 NaN
Jun 2015 833.8880861882906 1.15 NaN
Jul 2015 844.4543763695951 1.27 NaN
Aug 2015 856.2989334615492 1.40 NaN
Sep 2015 853.5819534140276 -0.32 NaN
Oct 2015 853.7081294878451 0.02 NaN
Nov 2015 855.2832228430339 0.19 NaN
Dec 2015 864.5391472510091 1.08 NaN
Jan 2016 869.8993549336813 0.62 4.85
Feb 2016 867.1183779288034 -0.32 4.38
Mar 2016 863.5352099642826 -0.41 3.75
Apr 2016 868.1151766317583 0.53 4.44
May 2016 879.0778031951828 1.26 6.64
Jun 2016 882.52721041149 0.39 5.83
Jul 2016 880.378494468935 -0.24 4.25
Aug 2016 878.787620582778 -0.18 2.63
Sep 2016 882.606424028249 0.44 3.40
Oct 2016 883.6566790079369 0.12 3.51
Nov 2016 888.2835315574977 0.52 3.86
Dec 2016 889.9495248667563 0.19 2.94
Jan 2017 896.9463890740257 0.79 3.11
Feb 2017 903.7213292195786 0.76 4.22
Mar 2017 913.6892304477731 1.10 5.81
Apr 2017 912.3331189494542 -0.15 5.09
May 2017 912.001840305808 -0.04 3.75
Jun 2017 902.1531952493668 -1.08 2.22
Jul 2017 904.8480588985632 0.30 2.78
Aug 2017 904.5317409906672 -0.04 2.93
Sep 2017 918.9786149723731 1.60 4.12
Oct 2017 924.917582280761 0.65 4.67
Nov 2017 931.4742301713179 0.71 4.86
Dec 2017 928.9994731952108 -0.27 4.39
Jan 2018 927.5204134436691 -0.16 3.41
Feb 2018 925.6272501776086 -0.20 2.42
Mar 2018 931.3339884260386 0.62 1.93
Apr 2018 946.5246901053166 1.63 3.75
May 2018 957.6725165781978 1.18 5.01
Jun 2018 960.4963497693019 0.30 6.47
Jul 2018 956.4532371805741 -0.42 5.70
Aug 2018 960.3295108965981 0.41 6.17
Sep 2018 963.3612899995284 0.32 4.83
Oct 2018 966.9228730043316 0.37 4.54
Nov 2018 975.7146862843814 0.91 4.75
Dec 2018 979.2554085073276 0.36 5.41
Jan 2019 982.1992655682054 0.30 5.90
Feb 2019 990.2448006956371 0.82 6.98
Mar 2019 991.2702695915068 0.10 6.44
Apr 2019 989.173840022641 -0.21 4.51
May 2019 989.0345190659357 -0.01 3.28
Jun 2019 1001.5781237359148 1.27 4.28
Jul 2019 1014.6636030012424 1.31 6.09
Aug 2019 1023.4076081879145 0.86 6.57
Sep 2019 1024.8199986441132 0.14 6.38
Oct 2019 1031.2205056828213 0.63 6.65
Nov 2019 1032.7771817443875 0.15 5.85
Dec 2019 1043.9811647973904 1.09 6.61
Jan 2020 1054.8051505940712 1.04 7.39
Feb 2020 1062.683677223951 0.75 7.32
Mar 2020 1063.259564995715 0.05 7.26
Apr 2020 1067.1866731765078 0.37 7.89
May 2020 1061.3648971991458 -0.55 7.31
Jun 2020 1053.2018491994008 -0.77 5.15
Jul 2020 1067.6799395383794 1.38 5.23
Aug 2020 1090.0686647910672 2.10 6.51
Sep 2020 1104.2376207135308 1.30 7.75
Oct 2020 1114.6211513016215 0.94 8.09
Nov 2020 1133.8436507576102 1.73 9.79
Dec 2020 1145.826001064081 1.06 9.76
Jan 2021 1156.9265128091135 0.97 9.68
Feb 2021 1158.9927761289523 0.18 9.06
Mar 2021 1162.3321687193602 0.29 9.32
Apr 2021 1181.044110882435 1.61 10.67
May 2021 1205.9661649638444 2.11 13.62
Jun 2021 1225.0241672718073 1.58 16.31
Jul 2021 1221.6734111608946 -0.27 14.42
Aug 2021 1222.5163454956255 0.07 12.15
Sep 2021 1246.0722715210384 1.93 12.85
Oct 2021 1274.2822953005298 2.26 14.32
Nov 2021 1291.9107161070613 1.38 13.94
Dec 2021 1311.8168349410444 1.54 14.49
Jan 2022 1319.5339123358483 0.59 14.06
Feb 2022 1332.8657758829481 1.01 15.00
Mar 2022 1328.211649969057 -0.35 14.27
Apr 2022 1325.0589592880335 -0.24 12.19
May 2022 1334.448694125556 0.71 10.65
Jun 2022 1363.7861435115956 2.20 11.33
Jul 2022 1388.592799002914 1.82 13.66
Aug 2022 1396.715014615883 0.59 14.25
Sep 2022 1410.3591387170106 0.98 13.18
Oct 2022 1407.9998838067747 -0.17 10.49
Nov 2022 1418.4129231085858 0.74 9.79
Dec 2022 1398.4689093357263 -1.41 6.61
Jan 2023 1410.8398275960822 0.89 6.92
Feb 2023 1405.9781817215335 -0.34 5.49
Mar 2023 1450.3020013696569 3.15 9.19
Apr 2023 1474.4525858250663 1.67 11.27
May 2023 1487.6689667589899 0.90 11.48
Jun 2023 1466.9476550409388 -1.39 7.56
Jul 2023 1466.8261177584416 -0.01 5.63
Aug 2023 1477.5030265793484 0.73 5.78
Sep 2023 1462.2576496681713 -1.03 3.68
Oct 2023 1460.1143633289487 -0.15 3.70
Nov 2023 1465.7545775133892 0.39 3.34
Dec 2023 1501.563015407749 2.44 7.37
Jan 2024 1505.080012521779 0.23 6.68
Feb 2024 1527.6247927634367 1.50 8.65
Mar 2024 1521.2734446139928 -0.42 4.89
Apr 2024 1523.223137674277 0.13 3.31
May 2024 1519.2057190144142 -0.26 2.12
Jun 2024 1518.402163075781 -0.05 3.51
Jul 2024 1536.55560061119 1.20 4.75
Aug 2024 1544.0323031231858 0.49 4.50
Sep 2024 1560.3993686036583 1.06 6.71
Oct 2024 1563.7096755298694 0.21 7.10
Nov 2024 1560.312376617281 -0.22 6.45
Dec 2024 1552.674970465975 -0.49 3.40
Jan 2025 1562.0730817647043 0.61 3.79
Feb 2025 1586.6003952400413 1.57 3.86
Mar 2025 1588.5138993874093 0.12 4.42
Apr 2025 1593.6962681289851 0.33 4.63
May 2025 1605.5320439583202 0.74 5.68
Jun 2025 1626.8916516674599 1.33 7.15
Jul 2025 1624.1252829779962 -0.17 5.70
Aug 2025 1627.2437724738609 0.19 5.39
Sep 2025 1633.8153201347002 0.40 4.71
Oct 2025 1646.5463921094454 0.78 5.30
Nov 2025 1657.4422924510025 0.66 6.23
Dec 2025 1661.6822157080799 0.26 7.02
Jan 2026 1661.7937392275298 0.01 6.38
Feb 2026 1642.98253968254 -1.13 3.55